Updated Dec. 11, 2012 at 6:25 a.m.
San Francisco — Analysts wonder what Groupon is really worth as value falls. "Their existing customers are buying less and less. They have no technology really to talk about. Their sales force is declining. Frankly, what are you buying it for?"...
Will Google or someone else buy struggling Groupon?
1 comment | Post Yours
Print this blog postE-mail blog post
Share
San Francisco — Analysts wonder what Groupon is really worth as value falls. "Their existing customers are buying less and less. They have no technology really to talk about. Their sales force is declining. Frankly, what are you buying it for?"...
WRAL Tech Wire any time: Twitter, Facebook
Copyright 2013 Bloomberg. All rights reserved.Please log in to view WRALTechWire Insider content
To access this premium content and other benefits, become a WRAL TechWire Insider. Daily, monthly, and annual memberships available.
| page 1 |
GRPN has legacy negative perception issues and reality facing its future. Negative issues include some accounting things previously done as well as an inherently high operating cost due to heavy marketing needed to attain new accounts as attrition is high due to high merchant transaction fees and low perceived value. It's hard to regain footing with these perceptions and realities dominating the marketplace. We have learned from their mistakes at Flash Purchase and just launched our beta test as a user driven platform.
Buyers can create their own deals, join others and share them to build group volume where sellers can bid on the group business creating win-win relationships where consumers get great prices and sellers get large groups of consumers in a single low fee transaction at Flash Purchase.
Buyers can create their own deals, join others and share them to build group volume where sellers can bid on the group business creating win-win relationships where consumers get great prices and sellers get large groups of consumers in a single low fee transaction at Flash Purchase.
| page 1 |
Please Log In to add a comment.
Best of TechWire Insider
OUR INSIDERS
WRAL TechWire Editor
The Skinny
NC Biotech Center braces for worst as Senate slashes budget, too- ArchiveSocial, a new Durham success story, brings home international award
- Durham's high-tech infrastructure, talent lure Virginia company
- Lenovo acknowledges layoffs in Morrisville as part of shift to 'PC Plus' strategy
- Raleigh-based PRA International eyes public offering
- Will lightning strike again for veteran entrepreneur Brian Handly at StepLeader?
- Raleigh app developer StepLeader lands $4.4M in first fund raiser
- IBM opens Linux center in China, says it will work with Red Hat
- Red-hot Raleigh startup WedPics hauls in $1.1M in funding
- New Triangle venture capital firm slowly emerging from shadows