Is Groupon a good company to work for?
Table of Contents
- 1 Is Groupon a good company to work for?
- 2 Whats it like working at Groupon?
- 3 What kind of company is Groupon?
- 4 Who funded Groupon?
- 5 How did Groupon fail?
- 6 Does Groupon work in Canada?
- 7 Why is it called Groupon?
- 8 What do you need to know about Groupon before buying?
- 9 What percentage of revenue does Groupon keep from coupons?
Is Groupon a good company to work for?
Amazing company culture with excellent support and management. I loved working at Groupon. It was a blast, managers were top notch and supportive. Cold calling the same accounts can get very discouraging, but management is usually there to pull you through slumps.
Whats it like working at Groupon?
I love working at Groupon because it has a startup culture–with a great environment and room to try crazy ideas–with the capabilities, impact, and resources that a large public company provides. We also respect our work-life balance, which makes everybody happier and less stressed.
What kind of company is Groupon?
global e-commerce marketplace
Groupon is an American global e-commerce marketplace connecting subscribers with local merchants by offering activities, travel, goods and services in 15 countries….Groupon.
| Type of business | Public |
|---|---|
| CEO | Aaron Cooper (interim) |
| Industry | Electronic commerce |
| Revenue | US$1.417 billion (2020) |
| Operating income | US$(-277 million) (2020) |
Is Groupon a Fortune 500 company?
Groupon | 2021 Fortune 500 | Fortune.
Who is the president of Groupon?
Aaron Cooper
Aaron Cooper During his Groupon tenure, he served as president of North America, chief marketing officer, head of Global Travel, head of North America Goods and head of North America Services.
Who funded Groupon?
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
| Ted Leonsis | — | Venture Round – Groupon |
| Techstars New York City Accelerator | — | Venture Round – Groupon |
| Kite Ventures | — | Venture Round – Groupon |
| New Enterprise Associates | — | Venture Round – Groupon |
How did Groupon fail?
There was no effective way to limit the quantity of items you sold at a discount. Shops were driven into bankruptcy because Groupon sold thousands of items below cost. That’s crazy.” In other words, the company never did become adept at bridging the gap between traditional commerce and the web.
Does Groupon work in Canada?
Groupon is available to citizens of these countries: Canada, Poland, Mexico, Italy, Israel, Holland, United States, Japan, Brazil, Germany, France, Portugal, Turkey, Romania, Peru, Argentina, Belgium, Chile, United Kingdom, Spain, Greece, Sweden and Colombia.
How much does the CEO of Groupon make?
Board of Directors in Groupon, Inc….Compensation by Company.
| Name And Title | Aaron Cooper Interim Chief Executive Officer |
|---|---|
| Total Cash | Total Cash $1,465,574 |
| Equity | Equity $4,023,200 |
| Other | Other $11,070 |
| Total Compensation | Total Compensation $5,499,844 |
Who is the CFO of Groupon?
Melissa Thomas
Cinemark Holdings Inc. has named Melissa Thomas, Groupon Inc.’s chief financial officer, as its new CFO, effective Nov. 8.
Why is it called Groupon?
The word “Groupon” is a portmanteau of the words group and coupon. The company partners with providers of goods and services by hosting a discount deal and keeping a percentage of the profit as a marketing fee.
What do you need to know about Groupon before buying?
Here’s what you need to know about Groupon: 1 Both goods and services are sold on Groupon. 2 Read reviews before buying. 3 Understand the fine print. 4 Not all deals are created equal. 5 Promo codes and cash-back sites offer additional savings. 6 Payment options can vary by deal. 7 Groupon may not be ideal for all business owners.
What percentage of revenue does Groupon keep from coupons?
Groupon keeps 50 percent of the revenues from each coupon deal. If you do the math, merchants need to gross margins well in excess of 50 percent for Groupon to work for them. The promotion is very steep, usually 50 percent or more.
What is a Groupon promotion?
A Groupon promotion can be a way to announce the existence of your business to consumers who are unfamiliar with your products or services. You get to entice potential customers to try your goods. The idea is that they are going to like it so much that they will come back and buy from you again.
Does Groupon turn customers into repeat customers?
However, the reality is that Groupon users may not turn into repeat customers but will rather move on to the next company offering a good deal. Despite that, businesses may find it worthwhile to tap into the vast marketing potential of Groupon.