Seriously, this concept is sheer brilliance. The basic premise is that there’s a daily deal at a significant discount that only becomes redeemable if enough people sign up to get it on that day.
- It’s Ideal for businesses because they’re guaranteed a certain amount of new customers and can also manage their break-even point.
- It’s Ideal for customers because they leverage the power of a group discount and get the best price possible.
- And it’s Ideal for Groupon because if the customers want the deal bad enough, they’ll promote it via social media channels to get friends to buy in, effectively spreading the word about Groupon in the process.
Are you seeing the brilliance yet? Seriously, I wish I would have thought of it. Here’s the best news, it’s available in over 50 US cities and one new international location: London! Just go to GROUPON.COM to sign up to get an email letting you know what the daily deal is. Note: Groupons can also be gifted to loved ones for future purchases.
Restaurants, Theatres, Spas, Stores – all these experiences are yours for the buying! To date, over 2.3 million Groupons have been sold for a combined savings of $109 million. If you’re ready to get in on the Groupon action, check out this 2 minute video to learn how the process works:
[youtube=http://www.youtube.com/watch?v=_xgPtqT0XBY]
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