Friday, May 27, 2011

Online Group buys-A good idea, but do your homework

With the emergence of many group-buying sites such as Groupon and living social, there are many opportunities to receive great deals and save money. They work in a similar way: cooperate with local or online retailers to offer deeply discounted offers on their websites and email a "daily deal" to subscribers. The deal enabled after a predetermined number of subscribers to purchase the affair during a certain period of time. Subscribers then print great coupon from the website, there are to the dealer and pay the difference. Merchants benefit pulp sales and hopefully new customers.

Subscribers benefit by purchasing a product or service on 50% or more discount. If this sounds like a win-win situation, consumers should not abandon common sense. Ask yourself, "is it something I would have bought anyway?" "50% off" could be a bad deal if you have received impetus of a daily settlement ALLURE, like purchase items strategically placed in the checkout line for retailers. Be aware of what you are looking for and what you are willing to pay. For example, if you have visited a local restaurant and merchant appear on one of the places mentioned above, this would be a good candidate for purchasing this deal. GroupOn, for example, you can "follow" a merchant, so that you get a message part appears for that merchant. If you have been there before you know what the typical menu prices and can decide if you get a good value. Some traders can temporarily increase its fares, to soften the financial blow of the lot. Avoid trader shortly after the deal is closed. Some merchants may not adequately staffed after some have closed, so your dining experience is not perhaps optimal. Donors are usually good for several months to a year, so you should have enough time to plan. If possible, to categorize only those offers that interest you.

Without having to be via e-mail and therefore tempted by a 3-day trip to the Caribbean if you just got back from vacation, or just don't have the budget, even if it is 50% of these sites can often select the categories you are interested in and you get only those offers. Check the merchant ships reviews before you buy. Yelp (http://www.yelp.com) is a good place for this. A deal is a deal of value and of service/quality. There is no point in paying for something that is a good thing if the service or the quality is poor. Read the fine print for the affair. You can discover that the affair could be applicable only during a specific date/time, or valid only in certain places.

Online group buying can be a scheme can save money and a great opportunity to try a new product or service at a discounted price, but to be deliberate, do your homework and you'll come out ahead.

 

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