Asa,
You know as well as I do that when people are talking about the brand, it develops buzz.
Here's the thing about Groupon that a lot of people don't get--they still have not scratched the surface about they can achieve, nor have they reached all of the customers they could truly have,
Re: My prediction
AskAsa
10/30/2011 4:14:55 PM
Groupon still generates plenty of interest from regular consumers. I see questions and comments about it every day on various consumer bargain hunting sites.
I always wonder abou the true health of 'deal' organizations. How can one truly forecast revenue. Especially in these economic times, how can an exec say with confidence that x % of companies will sign on with us... then actually get a decent return on the sales...?
Re: They're Laughing in Mountain View
PAW
10/28/2011 4:20:25 PM
I still can't believe that Groupon passed on that offer.
I am totally with you, @drivewaygirl! But in addition to immaturity and arrogance, I think Groupon management's problem boils down to something more basic: They are word people as opposed to numbers people.
Now, I'm not saying that one can't be both; in fact, good managers MUST be both. I just simply don't think Groupon management is, and I think it caught up with them sooner rather than later. They can't pun their way out of the Peter Principle...
My prediction
cat tail
10/25/2011 12:42:05 AM
Well, all I have to say about Groupon:
Can you say "FIZZLE?"
I'd feel better about Groupon if I could shake the impression that the company was run by a bunch of immature and arrogant people. That does not inspire confidence!
Re: I think
driven
10/25/2011 12:20:34 AM
Groupon is starting to feel like Curves--that 30 minute exercise place everyone talked about for a while. Then stopped caring about just as quickly.
GROUPON can handle its business and this will turn out as a positive.
Re: How many energy left for the real work
Value Hiker
10/24/2011 1:16:05 PM
philtheinvestor , I agree the financial operation is a very important part of running a business. Dollar does mean something, but if Groupon fail to focus on their customers, $$ won't save them, it is a chicken & egg issue.
My point is that Groupon management team spent so much energy on the IPO for so long a time. It will definitely distract their concentration on daily business operation, and customer service. In the long run, it will have a negative impact on their firm, considering the mounting competition pressure these days.
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