GroupOn, The New Trend in Consumer Savings

GroupOn is a deal of the day website. It serves major markets in the United States and Canada. Everyday GroupOn recommends services or a deal of the day to its customers. You sign up by e-mail for this site (see below for specific). You will then receive an electronic coupon daily, listing local services, stores or restaurants, which boast a 40 to 60% discount on items or services if purchased through GroupOn.

GroupOn is the middle man that promotes these services in your city. Groupon does receive a commission once you have made a purchase, however the service is free to the consumer.

Common GroupOn discounts include hotels at discounted rates, spa days, clothing, jewelry discounts and restaurant deals. Generally, the consumer can save up to 50% off the usual price. This huge savings has made GroupOn quite popular these days among consumers. In today’s economy, who doesn’t love getting a deal!

One reason GroupON has spread so quickly among consumers is because of social media. Once the deals are shown, friends can tweet each other about a spa day or a restaurant deal and make plans to purchase at the same time. GroupOn also offers a $10 incentive to refer friends which makes referring friends via social networking even more enticing.

Once the deal of the day is announced, it remains online for 24 to 72 hours to purchase. After that, the deals are no longer available. Once purchased however, the coupons generally need to be used within 6 to 12 months of purchase. This gives plenty of time to the consumer to use their coupon and enjoy their deal.

GroupOn is catching on fast. GroupOn can be found in every major city in the US as well as Canada.

You can find GroupOn at http://www.Groupon.com.

Even if you don’t buy any of the advertised coupons, it is fun to sign up and watch the daily deals listed. It is a great education about the prices of various restaurants and services that are available for both adults and kids in your area.

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