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---- Facebook Begins Testing Local Deals, Competing with Groupon


BillyS - 1:49 am on May 5, 2011 (gmt 0)


Are you for serious?

Companies have run coupons and specials for years upon years. You have never seen a sale before? Are you ticked off at stores you shop in when they offer discounts?


I see supermarkets with coupons all the time. I "get" it, they're called loss leaders. Good idea to lure me in for cheap OJ, while I fill my cart with $400 in groceries. I don't see these offers on Groupon.


Marketers and business professionals have been offering coupons for years for various reasons but I guess some members here know better.

You have never heard of a store needing to liquidate inventory from the previous year to make room for new stock?


Are you serious?

Most of the stores I see taking this approach are nearly bankrupt. Yes, I see it...

When was the last time you saw an Apple product on sale? You want to compete on price? Go for it.

Giving away dinners at 50% off isn't going to make me eat three meals that night. And if I know a restaurant will give me a coupon like that, I'll never go back and pay full price.


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