How Groupon Works

Groupon is a deal-of-the-day website that is localized to major markets in the United States and Canada.  The website was launched in November 2008.  It was first used in Chicago, later expanding to Boston, New York City, and Toronto.  Soon it was used by many parts of the United States.  Groupon serves more than 150 markets in North America.  Now, for those who are not Internet savvy, here are steps on how to use the website:

  1. Groupon offers discounts for things such as food and services, as long as enough people buy into the deal.Sign up at Groupon.com.
  2. The site will send you e-mail updates on the daily deals in your city.
  3. Purchase the deal at the discounted price.  Most of the time, these deals will be at least 30% off the original price.  If you are very lucky, you may find a deal as much as 90% off!
  4. Once enough people purchase the deal, it is activated (tipped) and you will receive your discount.  If the minimum number of deals is not purchased, however, the deal is cancelled and no one gets it.  Fortunately, almost all deals on Groupon are claimed due to a large membership base and a low minimum number of users required to purchase the deal and trigger a tip.
  5. Once you receive your deal you can claim it at the store you got it for, usually within a period of time before it expires.  The website will also give you all the details about the Groupon you have purchased.

Saving money is a great thing to do nowadays, especially with the current state of the economy.  Websites such as Groupon will help you to save time and money.  Instead of shuffling through newspapers to cut out coupons, you can just print them at your convenience.

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Taylor P.
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