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Waikiki Travel Deals and Groupon Offers Guide
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 Waikiki? 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 Waikiki as if you knew it like the back of your hand. Bookmark http://oahutraveler.com/ on your next trip to Waikiki, 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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A Tour of Groupon Offers and Deals in Waikiki
Waikiki (also known as Waikiki Beach) is a beachfront neighborhood of Honolulu, on the south shore of the island of Oʻahu, in Hawaii, United States. Waikiki is most famous for Waikīkī Beach, but it is just one of six beaches in the district, the others being Queen's Beach, Kuhio Beach, Gray's Beach, Fort DeRussy Beach and Kahanamoku Beach.
Waikīkī is home to public places including Kapiʻolani Park, Fort DeRussy, Kahanamoku Lagoon, Kūhiō Beach Park, and Ala Wai Harbor. The name Waikīkī means spouting fresh water in the Hawaiian language, for springs and streams that fed wetlands that once separated Waikīkī from the interior. The area was a retreat for Hawaiian royalty in the 1800s who enjoyed surfing there on early forms of longboards.
Several hotels in Waikiki actually offer groupon-offers for their guests. When staying in a hotel, check with the concierge if they have groupon-offers that won't require you to pay a fortune. Another way to search for groupon-offers is to buy a local newspaper.
We can help you save money by directing you to the best services for the best price in Waikiki 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. Our local guides are experts at budgeting in one of the most expensive places on earth while still enjoying the best of what the island has to offer. Our goal is to maximize your vacation enjoyment while saving you money, rather than charging you for everything under the sun the way an expensive all inclusive tour agency does. Imagine the freedom of having a personal tour guide and trip advisor on call through the convenience of your mobile phone!