Quote:
Originally Posted by GGG
That's interesting, I figured on the Groupon end it would be pure profit. They take 50% of the profit and don't do anything. Advertising is word of mouth referal based. They must have a messed up expense structure somewhere.
The biggest weakness in groupon is that they aren't really anything other than a mailing list. Other than that list anyone can set up the identical company.
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I believe that they have very aggressive sales people too. I seem to recall this from some of the articles I have read.
I am not too familiar with what an effective sales staffing point would be, but I wouldn't be surprised if there was a full time sales person dedicated to Calgary alone.