Therefore, Groupon’s policies suggest that you have always been able to redeem an expired Groupon Voucher with the merchant for the value you paid for the voucher. The amount the consumer paid for the Groupon Voucher does not expire until the voucher is used or is refunded. So, if a consumer pays $50 for a $80 Groupon Voucher from a merchant, the promotional value of the voucher is the additional $30 in spending power the voucher gives the consumer.Īccording to Groupon’s policies, the promotional value of the Groupon Voucher expires on the expiration date printed on the voucher. The promotional value is the spending power of the Groupon Voucher beyond what the consumer paid for the voucher. Second, there is the promotional value of the Groupon Voucher. First, there is the amount that the consumer paid for the Groupon Voucher. When a consumer purchases a Groupon Voucher based on a merchant’s promotional offer, the Groupon Voucher has two separate values. The goal of this arrangement is to generate better prices on goods, services or experiences for consumers and enhance the scope, reach and results (hopefully) of merchants’ marketing efforts. In turn, consumers are able to access promotional deals offered by local businesses.

Through Groupon, merchants are able to offer promotional deals to local customers. Groupon is a service provider that created an electronic marketplace for local business.

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