INTERACTIVE: Daily Deal Calculator

Find out how much a local business actually makes off each Groupon you buy

lede_cheatlocal

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This week's cover story, Cheat Local!, explores how local businesses get crushed buy daily deals sites like Groupon. As the article explains:"There is no upfront cost to the business running the promotion. Groupon typically keeps half of the discounted price, and reimburses half—so, $5 of the original $20 price of [an item]—to the merchant."Depending on the discount and the cut taken by the deals ...   More
 
Wednesday, August 17, 2011 WW Staff

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