Friday, August 26, 2011
This article (http://www.theatlantic.com/technology/archive/2011/08/the-fall-of-groupon-is-the-daily-deals-site-running-out-of-cash/243863/) in The Atlantic is interesting. Steve Lackmeyer pointed it out via twitter.
The Groupon Model does not work for me. A company promotes businesses with discounts to the public. Groupon does very little. A middle man in the transaction.
For us Groupon would promote a deal. Say get $40 of goods or services for $20. Groupon then takes half of the $20 with the studio getting the other half. That would be $10 for a $40 item. That does not even cover our cost alone in a $40 item.
It sounds good on the surface but really does not work.
Living Social does the same thing. Offering a glassblowing lesson that is $75 at half off $37.50. Half of that again is $18.75 to the studio for a one hour lesson. Raw operating cost alone is over $40 an hour. In their sales pitch they say the increase in repeat business will off-set the loss.
Sounds like a crazy deal for the small business owner.
Sunday, August 21, 2011
Saturday, August 20, 2011
Tuesday, August 16, 2011
Tuesday, August 09, 2011
We are open off and on throughout the next few days. Gearing up for the Artist Opening on Friday Night at 6:00 to 10:00. Lot's to do to get ready. Dusting, cleaning, blowing. We should be back to a regular schedule next week. We will need to take a look at the upcoming calendar and get folks scheduled into work and play. Come in when you can and beat the heat with more heat.