Groupon – where are the restaurants?

A few months ago, I was all fired up about Groupon, especially for restaurant deals. However, it's been over a month now and I haven't seen any restaurant deals worth pursuing. The good deals mysteriously have all but disappeared, but why?

I've read a few posts critical of Groupon's business model, especially as it relates to merchants. In short, the bottom line for merchants is Groupon is not good for business. Is it possible that the restaurants around here who gave Groupon a shot, found out the new customers they were hoping to get never materialized? Instead, all Groupon did was give regular customers a 50% deal off their check -- and that's it.

If that's the case, then it really is no surprise that restaurants aren't running Groupons anymore, why should they?

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