Saving Money with Groupon

by admin on August 20, 2010

KEEP THIS COUPON
Image by striatic via Flickr

Saw this today on one of the early morning news shows. It was the person who created Groupon. Groupon is a site that offers local deals on everything from dinners to flip flops. There are a few caveats though. The big one is that the deal doesn’t count until x number of people purchase the coupon. So for instance today in their Memphis offer a deal for a riding lesson for 25 bucks… if you were in the market for a riding lesson you would save 30 bucks. So you would need to buy the coupon. In order for the coupon to be valid 35 total people would need to buy it. At the time I wrote this only 2 people had bought it. For Nashville the deal was $60 of food for $30 and it was valid, in fact over 700 bought it and there comes the downside. So do you think all 700 of those folks are going to want reservations tonight, if so someone is going to be out of luck.

Just from checking out other cities it seems that Gropons do very well with dining and not so well with other types of sites, so if you live within a city that they serve then you should be in luck.

It is super easy to register for the site, you need to enter your name, email, location and it will bring up the nearest page for you. One thing for whatever reason it didn’t like my gmail address at all and I got caught in an endless loop. When I used another email address which wasn’t gmail it worked… maybe I was just having bad luck. It will them ask you to enter some more of your information to become a member.

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