Economics - Discussion for online class Essay Example | Topics and Well Written Essays - 250 words

Economics - Discussion for online class - Essay ExampleIn terms of frank economic principles, satisfied customers would lead to greater demand or essentially an increase in demand. However, surveys quest that retailers operating with Groupon do not plan to issue similar deals for another six months or so once they have allowed one deal package (Sloane, 2012).From Groupons perspective this means one involvement only a noticeable decrease in demand once retailers have used Groupon as a fast marketing tool. Essentially Groupon has the resources to galvanize large numbers of customers since it is connected to those customers. Retailers working with Groupon put on this power of Groupon by using flash marketing by allowing deals to take place. Careful buyers will be expecting more deals in order to shop more but retailers will never be diligent to sell their goods or services at discounted prices repeatedly. Hence, this would lead to a demand decrease on the ruin of the retailers fo r Groupons services. This decrease in demand has affected Groupons business the most since supply is hushed available though at unfavorable price