Posts Tagged ‘Groupon’

How to Save Big with Groupon

Wednesday, January 12th, 2011


Join the Rush to Save with Groupon

groupon

By now you’ve probably heard of Groupon, the company that grew ridiculously fast selling local coupons on the web.

Groupon ads pop up on Web sites like dandelions spring up in grass after a good rain. Even if you ignore Groupon ads on your screen, You can’t ignore the news about groupon.  Groupon just rejected a multi-billion takeover bid from Google. Groupon’s hype is so hot that last week it has raised almost $1 billion on its own, money it will use in its quest to expand all over the world.

What is all the noise about? And should you be signing up for their deals?

Groupon negotiates huge discounts—usually 50-90% off—with popular local businesses all over the country, and increasingly in other countries as well. Businessess scramble to offer deals through Groupon because they hope to gain new customers. Often companies are willing to give a product away or even take a loss to increase customer base. But Groupon’s local deal for the day is only good if enough people sign up for it.

How do you learn about Groupon special coupons in your area? Head on over to Groupon and sign up. Pick the location you want deals in. Then sit back and wait for the deals alerts to come to your inbox. If you see something you like, buy it fast. The offer is usually only good for one day. You can also sign up to see Groupon offers in your Twitter feed or Facebook feed.

You do not have to pay anything to sign up and Groupon does not sell your name all over the place either.

I recently bought my first Groupon coupon and found it really easy.  Groupon lets the average Joe leverage collective buying power in his own neighborhood for all sorts of things.

Last year, Groupon expanded its subscriber base 2,500 per cent! It went from in 2010, from two million to over 50 million. Check it out.


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