Saturday, December 18, 2010

$aving with Groupons - Collective Buying Power

I was listening to Oprah Radio on XM Satellite the other day, and Dr. Laura Berman was talking to the people from Groupon. is a new online business, (a group-coupon concept) and this is how they describe their business:

"Each day, Groupon features an unbeatable deal on the best stuff to do, see, eat, and buy in your city. By promising businesses a minimum number of customers, we get discounts you won't find anywhere else. We call it "collective buying power!"

In this day and age, everyone is looking for a good deal. $aving money on things to do, see, eat, or buy is something that I can't resist.  I immediately signed up, and saw the great deals that were happening in my city.  I looked at all the other cities that these Groupons are available in and figured that this is something I think I should share on my blog.

If you have a business that you want to promote, Groupon may be able to help.  If Groupon isn't in your city yet, you can email them to let them know you are interested in this concept. 

From Wikipedia:

"Groupon is a deal of the day website that is localized to major geographic markets in the United States, Canada, Brazil, France and the United Kingdom. Launched in November 2008, the first market for Groupon was Chicago , followed soon thereafter by Boston, New York City, and Toronto. As of October 2010, Groupon serves more than 150 markets in North America and 100 markets in Europe, Asia and South America and has amassed 35 million registered users."

For the skeptics, here's an article on Groupon Revealed: The Pros and Cons of Daily Deals.

You can follow Groupon on Facebook, Twitter, or Email.  It's a good deal!

If you want an opportunity to save BIG money, check out

Remember that saying, "There's strength in numbers".

Happy savings!

~ Angela Gentile

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