I recently availed of some CityDeals, and went along to four restaurants to find out about the group buying phenomenon for myself. However the experience was one of disappointment! How come these businesses failed to take advantage of this opportunity?
Pros Vs. Cons : Are Group Buying Sites Good For Your Business?
Posted by
bloggertone under Online Marketing
From http://bloggertone.com 4718 days ago
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Comments
4718 days ago
We've had a local indie TV channel show "Dining Out With Steve" since the '90's here (long before Groupon)). The problem always was that it was the restaurant regulars who called-in to get the discount vouchers. No appreciable new business was brought in, and the regulars only came when they had the deal - then, they came to expect the "loss-leader" price. I think it's been off the air a couple of years because the eateries lost money. It's the caveat we have when we lower prices.
Duncan
4718 days ago