Comments on: The Dangers of Daily Deals http://www.pfadvice.com/2011/09/07/the-dangers-of-daily-deals/ Bridging the gap between saving money and investing Wed, 22 May 2013 20:38:34 +0000 hourly 1 http://wordpress.org/?v=3.5.1 By: ThiNg http://www.pfadvice.com/2011/09/07/the-dangers-of-daily-deals/comment-page-1/#comment-960636 ThiNg Wed, 14 Sep 2011 12:55:41 +0000 http://www.savingadvice.com/articles/?p=7676#comment-960636 We run a small local business and we have used Groupon to promote our products. Thrifygal is right that you should at least be aware of how long the company has been around. We’ve been in business for over 4 years now so our customers felt safe buying the coupons. ALSO, we honour the groupon even AFTER it expires as a matter of Customer Service. There are businesses that really do care. Let see a big chain accept an offer 6 weeks or 12 weeks after it expires!

One final thing, the cost for running the Groupon was very expensive for us. We sold at a LOSS for the chance to advertise and the deal was fantastic for the client (3 hours of Drop-Off Art Time for $12) and we only get a portion of the $12.

So let’s not paint all businesses with a bad brush. The Groupon offered the chance for us to advertise to 30,000+ people in our community.

]]> By: thriftygal http://www.pfadvice.com/2011/09/07/the-dangers-of-daily-deals/comment-page-1/#comment-959530 thriftygal Thu, 08 Sep 2011 11:00:19 +0000 http://www.savingadvice.com/articles/?p=7676#comment-959530 Another thing to consider is if the business will be in business for the length of the coupon. A vegan restaurant opened in my city and I thought I would support the local business by buying $50.00 in bogo coupons. They went out of business due to financial mismanagement before the coupon expired. Lesson learned here. No more local coupons for me.

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