In a recent post about Groupon’s multi-billion dollar valuation and revenue estimates, colleague Erick Schonfeld talked about how creating repeat, loyal customers (and not just deal-happy coupon clippers) is essential to the daily deal site’s long-term valuation — and success.
When Groupon offers 50 to 70 percent off a meal at a local pizza place, for example, the restaurant (and Groupon’s… → Read More