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How does groupon make money?

Updated: 9/21/2023
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12y ago

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Groupon makes money by taking a percentage of sale that they make from the coupons they advertise. The other part of sale goes to the company that offers the deal. The thing is, Groupon spends a lot of money on advertising, employees paychecks, computers, all that sort of stuff, and yet they still haven't made a profit.

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What does it mean to buy a coupon on Groupon?

Groupon offers one "Groupon" per day in each of the markets it serves. If a certain number of people sign up for the offer, then the deal becomes available to all. If the predetermined minimum is not met, no one gets the deal that day. This reduces risk for retailers. Groupon makes money by keeping approximately half the money the customer pays for the coupon. For example, if you purchase Groupon for $100 for a restaurant for $50 through Groupon.com, then the business gets $25 and Groupon keeps $25. You get to spend $100 at the restaurant using the Groupon that you paid $50 for, saving you $50 at that restaurant.


What is Groupon?

The population of Groupon is 2,011.


What is the population of Groupon?

Groupon's population is 7,000.


When was Groupon created?

Groupon was created in 2008.


What is Groupon's population?

The population of Groupon is 2,011.


How do you cancel a groupon?

You will need to contact Groupon directly to have them dispute the charge.


What are the top 10 fastest companies to make 1 billion in retail sales?

groupon


What is the stock symbol for Groupon?

There is no stock symbol for Groupon because they are not public yet.


How do you follow Groupon in the stock market?

Groupon isn't a publicly owned share. You can't buy it yet.


How can one get a job with Groupon?

One can get a job with Groupon by going to an employment center where they help one find all the jobs and how to apply. One can also get a job with Groupon by going on sites like jobsearch.


What does the term groupon mean?

The work groupon comes from a combination of group and coupon. It is where a company offers to provide goods or services as a discounted price so long as more than a certain number of people decide to buy. The buyers get the goods or services cheaper and the company gets advertising and guaranteed sales. Often there is a co-ordinating company in the middle that promotes the deal - they also make money on it.


What is stock symbol for Groupon?

GRPN