Groupons (= Group + Coupons) utilizes collective buying power to give great bargains to consumers, and gives a "guaranteed" minimum volume of customers to the participating merchant. And the deals seem to be pretty nice! Take a look at this:
Groupon from The Point on Vimeo.
Today's groupon was for a classy french restaurant where you pay $20 for a $50 bill, groupon open for 1 year. The minimum needed for this restaurant Le Périgord was 20 people, and by 2.30pm there were already 70+ people who bought the coupon. There were other interesting deals as well such as a 50% off to watch NBA Chicargo Bulls groupon last year. 20 people signed up so i guess the NBA groupon may not have worked out as 25 people were needed. Of course sometimes, nobody bought the groupon at all...there was one groupon I saw that said $45 for an accupuncture session (U.P. $100), and nobody bought it... ;-) Here's a screenshot of some groupons, not all are located in NYC.
So I've signed up for the mailing list at http://groupon.thepoint.com/new-york/. If I use any of the bargains, I'll tell you how it went. Hey if you're around here, you should sign up too. ;-D
Hey what do you know, the featured groupon today was for the $45 accupuncture, and plenty of people bought it. :-) It's heartening to know that when one tries hard enough, you'll get some success.
ReplyDeleteYo. I see that you have been exploiting the discounts quite a bit. That's the good thing about living in US. My sister-in-law did exactly the same things you did when she was there. haha.
ReplyDeleteJust to give you some words of encouragement. You guys are in our prayers.