Groupon is an American worldwide e-commerce marketplace connecting subscribers with local merchants by offering activities, travel, goods and services in more than 28 countries. Businesses similar to Groupon include LivingSocial, Plum district, Jasmere.com, Ebates, FatWallet, RetailMeNot, meerkatmall.com, chi-spree.com and NetBarg. Merchants offer deals through their website which are bought online and redeemed in person. There are potential problems with the business model. For example, a successful deal could temporarily swamp a small business with too many customers, risking a possibility that customers will be dissatisfied, or that there won't be enough product to meet the demand. Merchants can be forced to artificially inflate their prices to meet the demand or reducing the goods and services they normally provide for Groupon deals in order to stay afloat. Customer service can also take a dive for Groupon customers, for example at restaurants where waiters' tips are deflated according to the discount prices, resulting in resentment and poor reception of customers. Additionally, the company is rife with controversy, consumeraffairs.com has almost 1000 complaints against Groupon almost unanimously alleging that providers refused to honor their Groupon deals, or the purchased deals were otherwise unattainable to the customer, but that the company refuses to refund anything after 3 days of purchase according to their policy. Some analysts claim that Groupon operates "like" a Ponzi scheme, according to interpretation of 2011 Initial public offering (IPO) documentation, because at the time it publicly disclosed that it is losing approximately US$100 million per quarter, had a net negative balance of $230 million, and used later investors' money to pay off earlier investors. Analysts also criticized Groupon's decision to pay out over $940 million of the $1.12 billion in venture capital Groupon had raised before the IPO - over 84% of its venture capital raised - as cash payouts to its 3 founders and early backers, rather than into the money-losing company. Co-founder Eric Lefkofsky alone received over $300 million in early 2011, just weeks before the company filed its IPO paperwork. The large cash payout also made Groupon technically insolvent when it filed for its IPO. During 2011 in the UK there were reported breaches of British advertising regulations to the Advertising Standards Authority. In December 2011 the Office of Fair Trading (OFT) launched an investigation into Groupon after the firm broke regulations 48 times in 11 months.
Is Groupon worth the risk? Why not try a safer, locally driven alternative here in Oahu? Oahutraveler is like a mini Groupon based on transparent deals offered freely by businesses rather than out of the pressure to remain competitive.
Looking for the best deals and tips on where to go to make your trip break the world record for the most amazing vacation ever recorded? Want to know, not only where, but why, how, what, and when to go? Oahutraveler.com has the inside scoop on information that a traveler only dreams about. We're not talking just about where to go, but also when you should go, why you should, and how. Imagine navigating the island paradise of Oahu as if you knew it like the back of your hand.
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Let’s play. On the island of Oahu, learn to ride the waves in Waikiki where surfing was born or catch a big-wave surf meet on Oahu’s famed North Shore. Between sunrise and sunset, you’ll have hours to explore the hottest farm to table restaurants, browse the latest designer and local fashions, check out the urban art scene in Chinatown or stroll into Hawaii’s history at Iolani Palace. When the sun goes down, the “Heartbeat of Hawaii” awakens to a new beat, and it’s time to put on your dancing shoes. Now you don't have to have a huge bank account in order to enjoy what the Aloha State has to offer. As a matter of fact, you can enjoy so many great groupon offers on these islands with just a shoestring budget. Read on for groupon offers and how to make the most out of your Hawaiian vacation without spending a fortune.
We can help you save money by directing you to the best services for the best price in Oahu on everything down to food and gas in real time. We are local residents aware of groupon offers and price fluctuations that online travel guides cannot keep up with. Bookmark http://oahutraveler.com/ on your next trip to Oahu, a tour guide in the palm of your hand, and get personalized directions anytime on your phone with awesome groupon offers for your travel budget.
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Battery Bills near Honolulu Airport has refurbished car batteries starting from just $40! They also have new batteries, car chargers, jumpers, and just about every other kind of car and electronic related accessory. Keep this local resource handy...
We can help you save hundreds of thousands of dollars in loss prevention every year. Our services include a tour of your establishment's security risks, a comprehensive plan to minimize loss tailored to your business, and a free seminar for your staff to start implementing the new strategy!
Be sure to check their specials menu. They have a supposed breakfast and happy hour menu but the specials are served all day long. Featured are meatball and chicken pho and some rice platters as well. Be sure to mention their website is terrible and they need a new one!