5 ways that Groupon and other sites might be a bad idea for your business: If your business allows people to buy your products or services for a huge discount (50% or more), are you really winning the right kind of new customers, or are you just undercutting your profits? If you’re not careful, your business might be hurt by some of these deep-discounting coupon sites. Sites like Groupon are often a good deal for consumers, but the results can be a mixed bag for the businesses that give the discounts.
One of the biggest trends right now is the “group buying” site – Groupon,, Couptessa and other discount sites where companies offer jaw-dropping discounts to a certain number of pre-determined group coupon buyers.
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