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I can't understand why this isn't making tons of money: connect two parties and charge something for this, and keep your costs very low. I wonder if the Brazilians clones are doing ok, they seem to be.

Also, in the beginning everyone thought "Oh boy, I wish I had had that idea!"...



The trick is the sales process: finding companies who are willing to give what amounts to a 75% discount. This is the part that's so expensive in Groupon, and what's eating into their profitability the most.




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