GROUPON CANCELS IPO ROADSHOW, SEC Wants Answers On Leaked Memo
Don't get fooled by the Group Ons in the world-(I call them POOPED-ONS). The "GroupOn" model is broken. It doesn't deliver customers as promised. GroupOn delivers FREELOADERS with a coupon. Today it's YOUR coupon and your place is packed (because you gave away your bottom line profit-ALL OF IT!) Tomorrow, your competitor runs a GroupOn Coupon and Your Place is dead. I see this ALL the time. The GroupOn customers are Loyal to GroupOn ONLY and not to your establishment. That's NOT "Total Control"...that's what I call "Out Of Control". And, if you don't change things fast- you will not only be "out of Control" you could also be "Out of Business."Read about the thousands of Local Merchants who have already lost money and in some cases their businesses because of the GroupOn marketing "plan". To make matters worse, GroupOn itself has already lost HUNDREDS of MILLIONS of Dollars.
You want REAL Customers...not Free Loaders!!!
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