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4Kingell   United Kingdom. Feb 04 2010 08:26. Posts 1453

Any of you US guys heard of this site - daily deal group discount type idea?

I have an investment opportunity in the UK and any thoughts would be useful.

Thanks.

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If you know the enemy and know yourself you need not fear the results of a hundred battles. Sun Tzu  

Robinson47   United Kingdom. Feb 04 2010 09:38. Posts 992

i do not understand any of this.


chris   United States. Feb 04 2010 09:39. Posts 5511

pokerstove it

5 minute showers are my 8 minute abs. - Neilly 

veryGUd   United States. Feb 04 2010 09:46. Posts 625

Yea i've heard of it. Basically there is a new offer every day and if enough people want it then they offer the coupon and people can print and use it for that day only. Example like 50% off a haircut, or buy one get one free sandwhich at a local deli.


veryGUd   United States. Feb 04 2010 09:46. Posts 625

They're called groupons=group+coupon


qwerty67890   New Zealand. Feb 04 2010 09:47. Posts 14026

surely its +ev for everyone to just hammer the "do want" button?


egood   United States. Feb 04 2010 19:11. Posts 1883

sounds terrible. do not invest.


4Kingell   United Kingdom. Feb 04 2010 19:12. Posts 1453

OK - I guess that's a no then bar veryGUd. Worth a question....

If you know the enemy and know yourself you need not fear the results of a hundred battles. Sun Tzu  

[cF]TridenT   United States. Feb 04 2010 20:17. Posts 154

My girlfriend is part of groupon in LA.. Has some really cool stuff and good deals.. might be a good investment


milkman   United States. Feb 04 2010 20:50. Posts 5719

the UK has much better results with social networks then we do here in the US.. i dont think its a bad idea, just depends on what kinda ROI your looking at and the amount needed to invest.

Its hard to make a easy buck legally, its impossible to make a easy buck morally. 

TalentedTom    Canada. Feb 04 2010 21:21. Posts 20070

i have no idea whats happening here

Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure. It is our light not our darkness that most frightens us and as we let our own lights shine we unconsciously give other people permision to do the same 

HaiVan   Bulgaria. Feb 05 2010 00:02. Posts 2083

me neither, sounds intriguing though.

Poker chobo. 

Fraser   Canada. Feb 05 2010 06:46. Posts 4605

Group


Fraser   Canada. Feb 05 2010 06:47. Posts 4605

Coupon


Fraser   Canada. Feb 05 2010 06:47. Posts 4605

Groupon


qwerty67890   New Zealand. Feb 05 2010 06:49. Posts 14026

Is there any cost to the individual though?

I dunno why you just wouldnt spam "Yes" for everything and just use the ones that apply to you.


4Kingell   United Kingdom. Feb 05 2010 07:18. Posts 1453


  On February 05 2010 05:49 byrnesam wrote:
Is there any cost to the individual though?

I dunno why you just wouldnt spam "Yes" for everything and just use the ones that apply to you.



Exactly. The idea is for businesses to get significant trade at break even or minor profit to then encourage repeat business. The site gets a small cut I think and basically gets the deals as they get bums on seats or significant group sales (depending on the offer). Seems like a decent idea to me - just one that needs some kind of critical mass/tipping point to make it worthwhile for the businesses involved (and the site).

Every day has a new deal - one a day I think.

For those that have no idea what is going on - just a random question really to try to get some anecdotal feedback...

If you know the enemy and know yourself you need not fear the results of a hundred battles. Sun Tzu  

JonnyCosMo   United States. Feb 05 2010 07:23. Posts 7292

I wanna know what happens to WALT!

Everyone needs to see that you are king of the castle - PoorUser 

 



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