Google was willing to pay $6 billion for the deal-of the-day site Groupon less than two years ago. It seemed like a great deal at the time- Groupon was on pace to hit $1 billion in sales faster than any other business. When Groupon opted to go it alone, it appeared to pay off. Their IPO last year was the largest by a U.S. Internet company since Google.
But lately, things aren’t looking great for the daily deal company. Groupon's latest quarterly earnings report was dismal and their stock price is down. Amid questions about the online daily-deal business model, it seems business owners and consumers have questions about whether signing up for one of these daily deals is worth it.
Have you purchased a Groupon- or something similar to it? What has your experience been? Business owners- have you bought in to one of these deals? Was it worth it? Weigh in on our Facebook page, Tweet us, or call us during the show: 877.301.8970.
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