Thursday, March 24, 2011

Groupon.com Review

Each day, Groupon emails its members one unbeatable offer on something great to do in your city (get your business featured). We offer consumers great values by guaranteeing businesses a minimum number of customers. If a certain number of people sign up, then everyone gets the Groupon offer. If that minimum isn't reached, then no one gets it.
In addition to huge exposure, Groupon generates a large number of sales in a short period of time. Given the appeal of our offers, users frequently pass the information along to others, which translates to the potential for even more customers for your business.
Groupon is for people who want to save money, and for business the want new customers.
I think the site reaches its intended audience because it is accessable on most tech devices like cell phones, and Ipad. The site is a great resource to save money.I would encourage everyone to visit Groupon.com
Did you know?
Google’s much-rumored acquisition of Groupon is off, we’ve confirmed with a source with knowledge of the deal. The news was reported earlier by Chicago Breaking Business, and we’ve verified that the deal is indeed off.
The two companies have been in serious negotiations for at least the last week, with reports stating that Google was bidding as much as $6 billion for the red-hot local deals company.
Our source has also verified that Groupon’s annual revenues are now at a $2 billion run rate, which is much higher than the figures that had previously been circulating (this number was reported by AllThingsD a few minutes ago). The $2B figure is the total value of Groupons sold — half of the cost of the Groupon goes back to the merchant, but all the revenue passes through Groupon in much the same way that Google collects all AdSense dollars and counts them as revenues before passing along a portion to publishers.

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