From restaurants to dance studios to car washes, businesses everywhere are jumping on the group-buying bandwagon. The power of group buying is harnessed via the internet when websites offer discount deals that only become active if enough people purchase the deal. But what does this mean for consumers—discounts. Businesses pay websites a percentage to advertise a discount deal, and when enough people buy the deal, it becomes active. The website makes money, the business makes money, and the consumer saves money.
I first heard of group buying through my mom, who buys restaurant deals so we can try new restaurants. At that point, I knew about two sites: Groupon and Restaurant.com. Now, there’s the issue of the plethora of sites available, especially in major cities. In Lexington, we aren’t
Once you’ve found a site to use, it’s easy. First, enter your zip code and set up your deal notification subscription settings. Then, find a deal you want to purchase, and buy it during the time frame that it is available. (Group buying deals are
Regardless of the site, most offer a variety of deals including restaurant discounts, service, discounts, product discounts, and travel discounts. On a group buying site, one could buy a one-month, unlimited yoga pass, a cookware set, or a 3-night stay in a downtown Lexington hotel, just to name a few things. There are deals for everyone. But just which sites are best? I’ve compiled a few of my favorites.
Major national websites with Lexington specific offers:
Groupon
Living Social
Sweet Jack
Dealster and Restaurant.com
Local Lexington site:
Pete’s Deals
Other sites to check out:
Yipit
Amazon Local
Groupon offers daily deals, travel deals and Groupon Goods
deals. While the variety is great, this site can definitely flood your inbox!
For a solid, comprehensive group buying experience,
I’d start here. In addition, the customer service is wonderful.
Like Groupon, this site offers daily deals that include
discounted prices on goods, services, or travel. However, I tend to use Living
Social mostly for its discounts on services. They also tend to run each
individual deal for a longer period of time.
Sweet Jack, like Living Social and Groupon, offers deals on
everything from food to travel to activities and more.
These sites are perfect for food lovers, as they feature
only food discount deals. I’ve discovered a few of my favorite restaurants
because I first tried them using a group-bought coupon.
With local sponsors Smiley Pete Publishing and Lex18, Pete’s
Deals offers many useful Lexington-area discounts. What sets the site apart is
its connection to the community. On Pete’s Deals, you’ll find prize package
giveaways and other promotions that a larger site wouldn’t use.
Whether you already use any group buying sites or are just
considering creating an account, try Yipit too. Rather than actually selling
deals, the site collects deals from hundreds of group buying sites and sends
you a daily email set to your specifications that suggests the best deals for
you and links back to the original deal.
A much more sporadic site that’s similar to Yipit, Amazon
Local advertises deals in your area, often from Living Social or Groupon.
However, they sometimes have promotions offered directly by Amazon, which often
feature a limited amount of free vouchers for a discount. For example, I recently
downloaded a free voucher for $3 of Amazon MP3 downloads.
There are many more websites like these, especially if you branch out into larger cities—Louisville has a few sites of its own as well. But besides the fact that they are all group buying websites, what do these sites have in common? The ability to get you to buy things you wouldn’t otherwise buy.
There are many more websites like these, especially if you branch out into larger cities—Louisville has a few sites of its own as well. But besides the fact that they are all group buying websites, what do these sites have in common? The ability to get you to buy things you wouldn’t otherwise buy.
To have a positive group buying experience, use the
following tips:
1.
Check the fine print and the expiration dates.
2.
Don’t buy something that you won’t realistically use.
3.
Don’t buy something that you wouldn’t consider
buying without the discount. If you buy something that you’d never buy normally,
80% off of any price is still more than the nothing you’d pay if you didn’t buy
it.