VIEW EVENT INFORMATION: Groupon
Why Groupon Is Poised For Collapse
JUN
13
Status: Available Now!
Type: News
Date: Monday 13 June 2011, 09:52 AM
Media: Techcrunch

SOURCE
About the organization Groupon:
Type: Business
Sub-Types: Retailing Agent, Advertising Agent, E-Commerce, Online Deal, Store, Online Store, Application Software, Telecommunication, Telecommunication Software, Event Promotion, Entertainment Promotion
Notable Organizations: Groupon, Techcrunch
Imagine you’re a small business owner. You have to choose between two propositions: You can pay $62,500 for marketing. You’ll get a whole lot of customers coming through your door. No guarantees if they will ever come back, but they’ll come once. I’ll pay you $21,000. You get $7,000 in about 5 days, another $7,000 in 30 days and the remainder in 60 days. In…
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