Date | Co./URL | Deal | % off | Purchase
Window |
Avail. | Sold |
6/1 | Floyd’s Coffee | $3 for $10 work of food | 70% | 15 hrs | 2000 | 1709 |
6/2 | Uptown Billiards | $10 for $200 worth of Pool | 50% | 15 hrs | 500 | 95 |
6/3 | Karam Lebansese | $8 for $16 of Lebanese Food | 50% | 15 hrs | 500 | 0 |
6/4 | Celebrity Tan | $10 for $39 Spray Tan | 74% | 39 hrs | NA | 157 |
6/5 | Portland Pedicab | $45 for a $90 3 brewery pub tour | 50% | 23 hrs | 700 | 15 but still open |
Other than the first deal at Floyd’s the volume has been very low to moderate. On the ground anecdotal evidence indicated that Floyd’s was not that busy so it is not unlikely that being the first deal, that many of the offers purchased were by those in the industry assessing Google’s product. I guess Floyd’s won’t mind. Rocky Agrawal also noted that “the early ones get benefit of local press. All 4 tv stations and newspapers covered the story.”
In a conversation with one of the participants they shared with some interesting factoids:
– They were paying Google 50% of the proceeds. “Same as Groupon”
– The rep servicing the account did visit but is stationed in Los Angeles NOT in Portland
Replicating Groupon’s success will not be quick and it will not be easy for Google. Not only do you need a sales force but you need a great list of subscribers and popular businesses willing to give incredible discounts. Clearly Google is not anywhere near there yet if you take the sales number as an indicator. How long it will take will be interesting to see.