View Single Post
Old 11-04-2011, 10:04 AM  
TheSquealer
BANNED
 
TheSquealer's Avatar
 
Industry Role:
Join Date: Oct 2004
Location: In Your Head
Posts: 25,091
Quote:
Originally Posted by acctman View Post
they better sell the company fast and stop being greedy
Greedy?
While online ad sellers cheer, this doesn't bode well for Groupon. The company must dial back its whopping half-billion in marketing spending to become profitable and, so far, those cuts have meant slowing growth in paying customers.

Groupon's $613 million in marketing expense for the first nine months of the year has largely gone toward bringing new subscribers to the platform, according to public filings.

http://adage.com/article/digital/gro...-works/230777/
__________________
.
Yes, fewer illegal immigrants working equates to more job opportunities for American citizens.

Rochard
TheSquealer is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote