Monday, September 12, 2011

A Groupon Hurts Local Business Reputation

Groupon's Hidden Influence on Reputation  - Technology Review
a Groupon deal seems to have an adverse impact on reputation as measured by Yelp ratings

Not only does the business model stink, a group buying event hurts the reputation of a local business.

I think Groupon will be a phenomenon. In that it will set a record for not only generating $1b in revenue faster than any other company, and go bankrupt faster too.

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