Why Groupon was bad for business

News Guy
November 7, 2016
4 Shares 3159 Views

While the majority of consumers have expressed shock over the closure of Groupon SA, a few others are not sad.

Fin24 has been inundated with messages from Groupon SA users sharing how the vouchers purchased on the website allowed them to have discounts on meals, outdoor activities, weekend getaways, skincare and beauty treatments and online courses.

[ads1]

However, there were also those who were happy to see Groupon close shop.

Dianne Faktor said she isn’t surprised that the the world’s biggest group-buying and deals website is exiting South Africa.

“I did my own research when they first launched in South Africa and was shocked that whatever price the supplier charged on a voucher, Groupon took 50% of that.”

She said this meant that dealers were losing out on any products or services they supplied and delivered.

“Suppliers would do better to advertise and offer their own specials, on some or all of the major social networking sites, instead of allowing Groupon to take 50% of the already discounted price,” Faktor suggested.

Source: Fin24

Read more stories here: Fin24

[ads1]

Comments

You may be interested

Suspect arrested in KZN triple murder
Ballito News
6 shares622 views
Ballito News
6 shares622 views

Suspect arrested in KZN triple murder

News Guy - Sep 23, 2018

Parliament's police portfolio committee has commended the KwaZulu-Natal South African Police Service (SAPS) detective team for arresting a suspect linked…

One dead, five injured in horror Durban crash
Ballito News
152 shares3624 views
Ballito News
152 shares3624 views

One dead, five injured in horror Durban crash

News Guy - Sep 22, 2018

A woman died and five other people were injured in a single vehicle accident on the M19 near Blair Atholl…

KZN triple murder: Bodies removed from home
Ballito News
174 shares32,048 views
Ballito News
174 shares32,048 views

KZN triple murder: Bodies removed from home

News Guy - Sep 21, 2018

Family members sobbed uncontrollably in Phoenix on Friday as the bodies of a mother and her two daughters were removed…

Leave a Comment

Your email address will not be published.

Time limit is exhausted. Please reload the CAPTCHA.