> Doesn't it concern you that Groupon works best for services that no one ne... | Hacker News

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		pbreit on Nov 4, 2011 \| parent \| context \| favorite \| on: Groupon shares open up 40% > Doesn't it concern you that Groupon works best for services that no one needs? Even if that were the case, not in the slightest. Massive businesses are built on items that you or someone do not perceive to be needed. But Groupon also works in austere times both because people are looking for deals and businesses are looking for inexpensive or free marketing.

alttab on Nov 4, 2011 | [–]

A large portion of the US economy is based on consumerism, of which many would agree is completely unnecessary

sunchild on Nov 4, 2011 | [–]

50% of proceeds is not cheap for businesses. Discounts off MSRP is often not a bargain for consumers.

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