Anyone else getting tired of these? Why are these companies not being held responsible for their own negligence? If you do not do the math and cannot afford to lose the money then how dare you agree to the terms.
This is not on Groupon or any other Daily Deal service. It solely relies on the Small Business owner that does not do his due diligence.
This model is no different than bulk purchasing from a supplier. However, the supplier still makes money because they have figured out how much they can give to still turn a profit.
Small business owners need to either look at how much they stand to lose or take this as a advertising expense that they can afford.
The whole get money now and cry about it when people actually expect to collect what they were promised is ridiculous, where do they think the money comes from?
If you want to say that this model is only sustainable as long as small business owners are incompetent then yes, lets say that. However, to say that this business model is bad based on Groupons lies is just ridiculous. No one is holding a gun to your head and saying, give us coupons for all your stuff.
This is not on Groupon or any other Daily Deal service. It solely relies on the Small Business owner that does not do his due diligence.
This model is no different than bulk purchasing from a supplier. However, the supplier still makes money because they have figured out how much they can give to still turn a profit.
Small business owners need to either look at how much they stand to lose or take this as a advertising expense that they can afford.
The whole get money now and cry about it when people actually expect to collect what they were promised is ridiculous, where do they think the money comes from?
If you want to say that this model is only sustainable as long as small business owners are incompetent then yes, lets say that. However, to say that this business model is bad based on Groupons lies is just ridiculous. No one is holding a gun to your head and saying, give us coupons for all your stuff.