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January 5, 2012 03:04 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/F5SwlEpeDD0/
Groupon Merchant Center Now Shows If Customers Love or Hate Your Deals
To combat the lack of transparency around customer satisfaction with daily deals, Groupon today launched a new version of its Merchant Center. It includes the real-time percentage of deal customers who would recommend the business to a friend, plus their comments. Customer satisfaction is a big question for merchants wondering if they should start or continue running daily deals. Data on satisfaction rates is scarce, though. Worse, a 2010 study showed that just 36% of customers spend more than the value of a deal, and just 20% return to the business. The feature could be a double-edged sword, encouraging retention or desertion depending on a merchant's feedback.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/F5SwlEpeDD0/
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