If you own a physical location for your
business there’s a large number of options available to you to drum up new
business; Groupon and Foursquare are two that spring to everybody’s mind. But I
don’t think anyone should be recommending daily deals.
In my eyes Groupon shows that local deals
work. But that’s all it does. They are experimenting with Groupon Local which
will aid local businesses in generating new customers at low points of the day, but at the moment Groupon but it is still based on the daily deals model, with
none of the “social” elements.