Aug. 2, 2010 at 5:41 a.m.
Filed under:
Consumer news,
Retail
By Associated Press
Phu Bui stands in his Chicago nail salon featured ad on Groupon.com. He thought 1,000 customers would bite on the deal but instead, he had 5,146 responses. (AP/M. Spencer Green)
Local shops nationwide are pulling in thousands of new customers with group coupons online, but the deals can sometimes work too well, turning marketing into a game of retail roulette.
Some of the nail salons, restaurants and other small shops that have sold the coupons have risked both new and existing business as they struggled to handle the surge in clients.
July 20, 2010 at 10:33 a.m.
Filed under:
Advertising/Marketing,
IPOs,
Internet,
Media
From Bloomberg | In an interview with Bloomberg TV, Andrew Mason, chief executive officer of Groupon Inc., discussed his company’s business strategy and the prospects for an initial public offering, as well as possible partnerships with media companies — “something where they can maybe replace one of their traditional boring display ads [on the web] with a Groupon that’s relevant to their users.”
