Apr
5
2010
group think
A few people have been asking about my thoughts on GroupOn. This post presents some general observations on their business model and the impact on local promotion marketing. Soon, I’ll take a look at how we view and apply this learning in our business model at Closely.
As a consumer, and as an entrepreneur, I love GroupOn. They have build real velocity into a large market need and space, executing exceptionally well on a quality business model. I also am impressed how they have backed their brand strategy with real attention to customer service. For those not familiar with GroupOn, explore here.