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maxerickson
on Feb 21, 2013
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LivingSocial: Employees' and Founders' Common Stoc...
I think that they don't expect you to come back for just 1 item. So I would guess that they value the engagement and increased chance of a trip to a store.
I don't know their margins, but I doubt a 20% discount has them losing much on that item.
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I don't know their margins, but I doubt a 20% discount has them losing much on that item.