According to the article, 70% of small-business owners hate Groupon. This is according to a survey by iContact.

Is Groupon bad for businesses?

Groupon is a solid advertising platform, has a good reputation among consumers, and is easy for business owners to start using. In the short term, Groupon (and similar sites) can be a powerful and effective way to generate new leads for your business.

Are there any disadvantages to the merchant in using Groupon works?

What are the downsides? It mainly comes down to cost. The average Groupon deal gives customers a 50% discount on your products or services. Groupon then takes a 50% cut of that.

Does Groupon lie about prices?

In a survey conducted by Thumbtack.com, Groupon and Living Social flat out lied about the original prices of products, inflating deals savins.

How do you get your money back from Groupon?

Let them know that any customer who requests a refund should be referred to Groupon customer support page at groupon.com/customer_support. Our customer support reps will then apply the Groupon refund policy and work with the customer to resolve the situation.

How did Groupon fail?

After its overheated IPO and first incarnation, Groupon positioned itself as a matchmaker between customers wanting deals and vendors in search of new customers, and it “did not do very well with that, either,” Clemons says. Shops were driven into bankruptcy because Groupon sold thousands of items below cost.

How do Groupon merchants get paid?

Groupon takes 50% of the sales revenue as its service fee. The deal will generate $1,500 in revenue from 30 new customers, and of that amount $750 goes to the salon and $750 goes to Groupon. Once a deal is advertised, consumers who purchased the Groupon receive it regardless of how many were purchased.

How is Groupon so cheap?

The deals offered daily through Groupon start at 50 percent off and can go as high as 90 percent cheaper than the normal price. Groupon can offer such steep discounts because it guarantees business owners a minimum return on their investment and the possibility of becoming an overnight sensation.

Can you get your money back from expired Groupon?

When all else fails, go to Groupon. Groupon states in their terms of service that theyll honor any expired coupon that a merchant refuses to take. At the very least, youll get a refund.

How do I complain to Groupon?

About This ArticleType Contact Groupon in the search bar and press Enter (Windows) or Return (Mac).Click on the first heading and Contact Us.Click Live Chat for the fastest response (if its available).Click Send Us an Email.8 Oct 2020

Why Is Groupon bad?

Groupon Deteriorates The Value Of Your Business Once a customer receives a large discount, it trains them to wait for later coupons and deteriorates the value of your products and services.

Why is Groupon declining?

Despite reporting a narrower-than-anticipated adjusted loss and beating expectations on sales, shares of Groupon fell Wednesday; the broader market indexes also opened lower as investors reacted to news that the numbers of new cases of COVID-19 were rising in parts of the U.S.

Why is Groupon so cheap?

The deals offered daily through Groupon start at 50 percent off and can go as high as 90 percent cheaper than the normal price. Groupon can offer such steep discounts because it guarantees business owners a minimum return on their investment and the possibility of becoming an overnight sensation.

Does Groupon sell fake stuff?

Discount deal website Groupon has been found to be selling fake products online, a BBC Watchdog investigation has revealed. The programme, which aired on 16 November on BBC One, followed a number of complaints from consumers who had bought dodgy products or misleading experiences from the discount marketplace.

Does Groupon actually work?

Groupon earns its money through a commission it generates on every coupon it sells. Retailers and businesses that offer their goods and services on the site are promised a minimum number of deals that are sold. When that threshold is reached, each deal coupon that is sold earns Groupon a 50% commission.

How do I get my money back from Groupon?

To be eligible for the Groupon Promise, the customer must contact us within 14 days of the Groupon redemption. In addition, the Groupon refund policy states that: For Local Deals, customers can return any unredeemed Groupon for a refund of the amount paid within the first three days after purchase.

How do I get a refund from Groupon?

How to Initiate Your Return to Get Refunds on Groupon?Login to your account on the Groupon website.Click on My Groupons.Select View Details option next to your order.Click Return Package.Print your prepaid mailing label and attach it to your package.Ship the item back to Groupon.