Skip to main content

Online Group Buying Sites Soar in Popularity



A $50 haircut will set you back a mere $25 when purchased with the click of a mouse on a group buying website. Recommend the deal to two friends and get two $10 credits, used towards a deal at a local restaurant that gives $40 worth of food and drink for just $20 — a free meal.

Welcome to the world of group buying, Internet style, where the power of the Web can be utilized to offer surprisingly large discounts to a sizable number of people for things they actually want to buy. The industry has exploded in the past few years and continues to climb. It’s expected to grow 138 percent to $2.7 billion this year in the U.S. alone, according to Local Offer Network.

The best-known group buying site — Groupon — is expected to bring in between $3 billion and $4 billion this year alone, up from $760 million in worldwide revenue last year. However, of the 63,000 deals offered in the U.S. last year, Groupon accounted for fewer than half. Instead, smaller group sites are attracting customers with incredible discounts on everything from restaurants and spas to home products and insurance. Here’s where to go for some unique online deals:

LivingSocial. A group deal website that offers shoppers daily deal coupons from participating local merchants in their area. One killer feature that sets this site apart from the pack is the incentive that’s provided by LivingSocial to tempt its users to share the daily deal offerings with their friends. That is, if three people buy the deal using the link you’re provided upon signing up, then you receive the deal for free.

iMingle. The first car insurance provider to offer policyholders a group buying discount—potentially saving them hundreds of dollars—by enlisting friends to sign up using their site or iPhone app. Here’s how it works: when a customer is shopping for online auto insurance, they use a widget to let their friends know about the available discount. They have over a dozen choices for how they want to share their exclusive iMingle discount link, including email, instant messaging, blogging and social networking sites like Facebook, Twitter and LinkedIn. If a friend clicks the link, enrolls and agrees to the iMingle safety pledge, both customers can save 10 percent on their policies.

OrderBorder. This site caters towards Apple enthusiasts and owners of Apple products — featuring accessories, software and peripherals for iPhones, iPods, iPads, Macs and Macbooks. The site also employs the “Borderline Price” concept, or the absolute lowest price limit that the group can either reach with its growing size as users join the deal or with points accumulated by an individual after making purchases.

GreenDeals. This industry newcomer offers green-minded shoppers a daily coupon for goods and services from green businesses. In addition to daily green deals, the site offers green tips for everyday living, green coupons and other offers from Green Approved Businesses.


Thanks: NewsUSA

This may be the time to consider Logo Designers. Think over!! You may also like Skrikingly and Instapaper
Labels:
Location: Singapore

Comments

Post a Comment

Popular posts from this blog

Surprisingly, Older Americans Are Coping Best During the Pandemic

( NewsUSA ) – Older Americans have actually been coping far better than younger ones during the coronavirus pandemic, according to new research.The Edward Jones and Age Wave Study goes where few have ventured before in focusing exclusively on how different generations have held up emotionally and financially in the months since all the lockdowns began. And some of its findings are at least as startling as how quickly even 70-year-olds came to love Zoom."COVID-19’s impact forever changed the reality of many Americans, yet we’ve observed a resilience among U.S. retirees in contrast to younger generations," said Ken Dychtwald, Ph.D., the founder and CEO of Age Wave, a leading research think tank on aging, retirement and longevity issues.While acknowledging upfront that the virus itself disproportionally struck aging adults, the five-generational sampling of 9,000 people age 18 and over revealed more than a few surprises. Among them:* While 37 percent of Gen Zers, 27 percent o...
Post a Comment
Read more

Audiobook Service Helps Blind Vets Recover Independence

In December 1967, a young soldier lay in a hospital bed after sustaining severe eye injuries from a land mine in Vietnam. Tom Miller, now executive director of the Blinded Veterans Association (BVA) in Washington, D.C., was blind, and his mind raced over all of the things he’d never be able to enjoy again. “I’ve spent the past 44-plus years erasing that list, or finding new things I can do.” Miller says he owes many thanks to the talking-book program of the National Library Service for the Blind and Physically Handicapped (NLS), part of the Library of Congress. “The program is a godsend,” he says. Veterans—and any U.S. resident or citizen living abroad—are eligible to become NLS readers if they are blind, have low vision or have an illness or disability that prevents them from handling a book or printed material. According to a 2011 report by the National Alliance for Eye and Vision Research, 16 percent of the wounded soldiers evacuated from Iraq and Afghanistan battle zones have suf...
Post a Comment
Read more

Take Time for A Moment That Matters: Tire Safety

Have working batteries in your smoke alarms? Done. Has your oil been freshly changed in your car? Done. Is there a new water filter for your refrigerator? Done. But when it comes to regularly checking your tires? Like most people, there may be some room for improvement. As fall travel and winter weather loom, taking a moment to check your car tires can make a difference in keeping you safe on the road. This year, Cooper Tires is encouraging drivers to mark Labor Day weekend on their calendar (and the first of every month) as a tire check safety moment, to make a habit of checking tires, especially as seasons change. “Just as we regularly take a moment to check our smoke detector batteries when we change our clocks in the fall and spring, we need to designate a moment to check tire safety as well,” says Jessica Egerton, Director of Brand Development at Cooper Tire & Rubber Company. Ensuring the overall condition of your tires is easy and important for your safety on the r...
Post a Comment
Read more