A business decides to offer too good a deal without the right limits or caps and goes broke due to a Groupon promotion.
Company offer $100 worth of merchandise for $30 and has to pay Groupon $15 of the $30 leaving them just $15 for a $100 worth of product. Now even if they were operating at a 60% mark-up the product still costs the company $40 and they only get $15. If they sold 1,000 Groupons , then they would be in the hole for $25,000, Grouponcide!
by spineman June 05, 2011
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Sep 8 trending
- 1. Watermelon Sugar
- 2. Ghetto Spread
- 3. Girls who eat carrots
- 4. sorority squat
- 5. Durk
- 6. Momala
- 7. knocking
- 8. Dog shot
- 9. sputnik
- 10. guvy
- 11. knockin'
- 12. nuke the fridge
- 13. obnoxion
- 14. Eee-o eleven
- 15. edward 40 hands
- 16. heels up
- 17. columbus
- 18. ain't got
- 19. UrbDic
- 20. yak shaving
- 21. Rush B Cyka Blyat
- 22. Pimp Nails
- 23. Backpedaling
- 24. Anol
- 25. got that
- 26. by the way
- 27. Wetter than an otter's pocket
- 28. soy face
- 29. TSIF
- 30. georgia rose
