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Groupons- good or bad for businesses? [moved from Prairie Provinces board]

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Groupons- good or bad for businesses? [moved from Prairie Provinces board]

hsk | Nov 22, 2010 04:34 PM

[NOTE: We' ve moved this digression from the topic at http://chowhound.chow.com/topics/7433... -- The Chowhound Team]

I went to the one downtown. I read an interesting article in the NY times about the founder of Groupon and they mentioned ``Companies have been overwhelmed or even destroyed by running a Groupon special``.
http://www.nytimes.com/2010/11/18/bus...

That got me thinking about what Derfster said, and I seem to recall that Metropolitan Grill sold over 700 groupons. If it`s true they have to give $30,000 worth of food for $7,000. They`re a pretty big outfit, I`m sure they can handle it but I`m not sure that the numbers would work for smaller businesses. So if I had another groupon I would use it fairly promptly.

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