HelpingOthersHelpThemselves

Counseling, Coaching, Psychology, Therapy

How Groupon Can Help During Tough Times

on December 21, 2014

Smart Discount Shop

groupon

Groupon is a website that offers coupon deals that ranges from 50% to 90% discounts. The coupon is only valid if a certain number of people purchase the deal in a 24-hour period. Customers purchase the deal by entering their credit card information and the discounted price is paid up front. The price is split between the company offering the deal and Groupon. There are always two expiration dates for every Groupon coupon. The first limits how long the deal is available and second deadline is how long customers have to redeem the deal. After the redemption date expires, the coupon is worthless. Why do businesses offer coupons at Groupon? Coupons alone are difficult for companies to profit from. Companies offer coupons because the hope is to get more customers to the door and purchase additional items. The goal is to generate more traffic for more sales. Business owners like…

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