Receipts look like the one [above]. Lots of product going out, staff to pay and little cash coming in. Taking out another Groupon loan is a quick fix. (If I were a sales rep, I’d have that date marked on my calendar for follow up. “I know we did 50/50 last time, but I’m thinking Groupon gets 70% this time.”)
From “Why Groupon Is Poised For Collapse” by Rocky Agrawal
Wowzers. Some retailers love Groupon, too, I hear. But, just look at that receipt. Interesting post (series) on coupon-ing.
