The Power of Collective BuyingFebruary 24, 2010 at 4:00 PM | Posted in coupons | 3 Comments
Last fall a friend introduced me to the concept of collective buying through a website called Groupon. Every day Groupon lists one fabulous deal and waits for a specific number of people to sign up. If enough people sign up for the deal then everyone who signed up within the allotted time frame will get the listed discount.
Groupon is currently available in 50+ cities and all of the discounts I’ve seen in the Washington, DC area are for local, mom-and-pop type shops, restaurants and spas. Through Groupon you’ll find discounts for smaller, sometimes unknown places, in and around the city.
Since I signed up at Groupon I’ve seen a whole hodgepodge of deals including, Swedish massages, cooking classes, salon services, dental packages, museum admissions, fitness classes and baked goods. Most deals offer upward of 40% savings. A typical deal would be $15 for $30 worth of food at a local DC restaurant or $100 for $200 worth of services at a nearby spa.
While Groupon is still my favorite collective buying website, (I’ve purchased two deals from there since October), I also like BuyWithMe and Living Social. I recently purchased $145 worth of professional cleaning services at BuyWithMe for only $59! I’ve considered paying cleaners to come into our home for months, so this worked out perfectly for me.