Groupon Sinks as Cash Flows Plunge

[dieselrealtor]

Groupon Sinks as Cash Flows Plunge - TheStreet

Interesting & unknown if it is related, but after they ceased firearm related activities my wife & I un-subscribed, cancelled whatever you call it.

Wife wrote a letter to them to explain why, got a generic politically correct reply.

I expect that many other gun friendly folks cancelled as well.

 

[IndyDave1776]

It makes sense. If you own a business and take a whiz on your paying customers, it isn't going to end well.

 

[MikeDVB]

Look up Tactical Firearms Training here on the forums - he has a post about it... People have been leaving consistently.

Edit: here it is - https://www.indianagunowners.com/fo...sion/265670-groupon_pauses_tft_promotion.html

 

[jedi]

IIRC TFT is also suing them for breach of contract.

 

[churchmouse]

Not on top of this but it seems to be an across the board Lib knee jerk reaction.

 

[dieselrealtor]

I beleive the thread mentioned is what brought my attention to it.

We are making a conscious effort to NOT patronize businesses who support the things we don't. (groupon, office depot, etc)

Still have to live & do business, many times there are options, sometimes it comes down to the lesser of 2 evils, ie, comcast/att.

The history with Chic-Fil-A shows that good people in numbers can make a difference when they back businesses that share their core beliefs

 

[88GT]

Just ask Carbonite what happens to revenue when you cater to the vocal minority.

Investors flee Carbonite after Limbaugh announcement | The Daily Caller

 

[Liberty1911]

I beleive the thread mentioned is what brought my attention to it.

We are making a conscious effort to NOT patronize businesses who support the things we don't. (groupon, office depot, etc)

Still have to live & do business, many times there are options, sometimes it comes down to the lesser of 2 evils, ie, comcast/att.

The history with Chic-Fil-A shows that good people in numbers can make a difference when they back businesses that share their core beliefs

What's with Office Depot? I'm not aware of any issues.

 

[MikeDVB]

What's with Office Depot? I'm not aware of any issues.

I was wondering the same - I've OC'd in there on a few occasions without issue.

 

[Leo]

What kind of business does groupon trade in?

 

[jedi]

What kind of business does groupon trade in?

All business expect guns now-a-days.
My understanding of groupon is they are the online equivalent of those "coupon books" the kids in schools would sell for local and national stores.

Basically if you own say a car repair shop you can open a contract with groupon and create a coupon and they in turn send that couopn to their clinet email list. If I like the coupon I can buy it and then use it at your shop.

 

[AtTheMurph]

How is Groupon any different that S&H Greenstamps?

 

[Scutter01]

Groupon's CEO was fired today:

Former Groupon CEO leaks outgoing memo: 'I was fired today' | Business Tech - CNET News

More:
http://allthingsd.com/20130227/groupon-earnings-miss-big-sends-stock-into-after-hours-swoon/

 

[92LX]

funny.....

businesses **** down the backs of conservatives seeking favor in the press.....


But seem to forget it is conservatives who typically have jobs and buy stuff.

 

[dieselrealtor]

OD is a supporter of the I was born this way foundation.

Not gun related, just against my personal beliefs.

What's with Office Depot? I'm not aware of any issues.

 

[Liberty1911]

OD is a supporter of the I was born this way foundation.

Not gun related, just against my personal beliefs.

Huh? Never heard of that either.

 

[Llamaguy]

Groupon did not have a sustainable business model on the large scale. Their downfall has nothing to do with gun politics.

 

[Rhoadmar]

Groupon's CEO was fired today:

Former Groupon CEO leaks outgoing memo: 'I was fired today' | Business Tech - CNET News

More:
Groupon Earnings Miss Big Sends Stock Into After-Hours Swoon - Kara Swisher - Commerce - AllThingsD

It was interesting to read his good-bye memo referencing a lack of data causing a lapse in focusing on customer needs. "If there's one piece of wisdom that this simple pilgrim would like to impart upon you: have the courage to start with the customer. My biggest regrets are the moments that I let a lack of data override my intuition on what's best for our customers. This leadership change gives you some breathing room to break bad habits and deliver sustainable customer happiness - don't waste the opportunity"

 

[zippy23]

i'm not so sure about groupon not having a sustainable business model, they are a coupon company, in recession people are looking for the cheapest possible deal on almost everything, i've known a few people who used groupon and got great deals, especially on things like green fees! all i know is that conservatives usually are good with money and careful about where they spend it(relative to liberals-i.e. rappers that blow their money on booze and gambling!) but i do think that many pro gun people decided not to use their services and that will definitely hurt a company when a general group of people boycott. as for chick fil a, gays are a small population that proved that a way bigger population is pro chick fil a and anti gay.

 

[Mark 1911]

It makes sense. If you own a business and take a whiz on your paying customers, it isn't going to end well.

Anyone ever tell you that you have a way with words!