A Quote by Rachel Sklar

Groupon, as you probably are by now aware, is exactly what it sounds like: a daily-deal site offering group discounts. Maybe you've seen that done before, but certainly not like Groupon, which has executed with an energetic sales force and engaging copywriters, many culled from the Chicago comedy scene.

Rachel Sklar

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Quote Author

Rachel Sklar
Canadian - Lawyer
Born: December 8, 1972

Groupon's model: Getting the group discount rate first, finding the group second. The daily deal goes out and, if a minimum number of people sign up, they can all share in the group rate. Vendor gets customers, customers get a discount, Groupon gets a cut.

Rachel Sklar

Groupon is a great concept packaged in a superb name, but the concept of group discounts is not new.

Rachel Sklar

I love Groupon. I just got a pedicure because of Groupon, and it was the best pedicure ever. I'm going to write a review!

Tiffany Haddish

The popularity of Groupon has almost rendered the group-buying element of it obsolete, because we're able to deliver so many customers that the merchants are very happy with even the smallest number that we can provide.

Andrew Mason

Our tenants now are companies like Uber, the taxi service, Meituan.com, China's version of Groupon - and a large number of startups. These companies operate in a modern way, just like their customers: They go on the Internet, look for an offer and take it.

Zhang Xin

I think the big thing about Groupon is just people had never seen anything grow quite so fast.

Andrew Mason

I feel like L.A. is more of a showcase, and Chicago is a pure comedy scene where you're doing comedy for comedy. You're doing comedy actually for the audience that's there.

Jake Johnson

Groupon as a company - it's built into the business model - is about surprise. A new deal that surprises you every day. We've carried that over to our brand, in the writing and the marketing that we do, and in the internal corporate culture.

Andrew Mason

After four and a half intense and wonderful years as CEO of Groupon, I've decided that I'd like to spend more time with my family. Just kidding - I was fired today.

Andrew Mason

I think Ive done the best I could have done. But I keep wanting to play better, go further. There are so many sounds I still want to make, so many things I havent yet done. When I was younger I thought maybe Id reached that peak. But Im 86 now, and if I make it through to next month, Ill be 87. And now I know it can never be perfect, it can never be exactly what it should be, so you got to keep going further, getting better.

B. B. King

Often in companies, you'll see tensions between sales and marketing. Sales people will want to give discounts to clients because they often get paid a commission based on how much they sell. So they're always pushing to give discounts because that will increase sales. Marketing, however, is judged by overall profitability.

Charles Duhigg

Groupon has some interesting assets.

Matt Cohler

One way Groupon hopes to gain an edge is by using software to learn about its members so it can deliver more relevant offers: my wife will get the manicure-pedicure deal, but I'll get an offer on fly-fishing lessons. The key now is execution - delivering great customer service and keeping everybody happy on both sides of the transactions.

Daniel Lyons

It's a lot easier to gain traction when there is such a great proliferation of Internet access. The velocity at which some of these startups are gaining traction is mind-boggling. Companies like ShoeDazzle, Stella & Dot, Gilt, Groupon - these companies are going from zero to hundreds of millions in revenue in three years.