Newest Review: ... I informed Groupon of the troubles i am having with this company and have requested a refund over two weeks ago. Each time i call groupon ... more
Groupon is not what it used to be.
Member Name: forzaf1
Advantages: Get heavily discounted services/products
Disadvantages: They come along once in a blue moon
Groupon started its business in 2008 from America. The idea? Companies list services at heavily discounted services and you can purchase the service at this discounted rate. Companies would offer this great discounted rate on the basis that the would get a lot of customers.
They soon launched in the UK and it became a big hit. UK companies offering some great deals local to you. There are all sorts of deals but it seemed to be centred around hair dressing and massage.
Back in 2009 I purchased a 24hr use of an Audi R8 for £200. Which when you consider that a track day consisting of 6 laps costs over £300, actually is very good value.
How to purchase:
Select the desired deal and make the payment. The deal will finish at midnight and you will be sent via email an electronic voucher with a unique code just for you. You can then log onto their website, or phone and arrange the delivery/service/appointment. You then simply rock up to the shop and hand over the printed voucher.
My wife got a very good discount on a hair cut and colour from a local hairdresser and only paid something like £20. Another fantastic deal
Things thing's started to go wrong from groupon. It has now been a few years since I last saw a decent deal with groupon. Local companies do not seem to be interested. They are all national companies offering tans, massage, lipo or kitchen goods. Stuff that you can pick up on ebay. Ok you cannot pick up lipo on ebay but kitchen goods you can. Nothing is local anymore. Gone are those fantastic deals.
Why has groupon gone down hill? Well it doesn't take much effort to find articles on the web of companies that went almost out of business because of Groupon. How I hear you say? How can a company go out of business. Well, lets say you offer a cut and colour for £20, now times that by 100. You need to then honour it and work your fingers to the bone for no profit, but still need to pay your overheads. Thus your close to going out of business.
I still have the app. on my mobile phone, but there has been nothing for over two years now. Shame, as it was such a good idea.
Summary: A voucher service whereby you pay discounted prices for services.