Quick Answer: Is There Anything Else Like Groupon?

Why do Groupon and LivingSocial have the same deals?

Today, Groupon announced it would acquire LivingSocial, its onetime big rival that was partly owned by Amazon, for an undisclosed sum.

The LivingSocial deal, which is expected to close in November 2016, is “not material” to Groupon’s earnings, meaning it is small enough that Groupon does not have to disclose the price..

Can I give my Groupon to someone else?

Simply click ‘Buy as Gift’ on the item or experience you want to gift to someone and follow the steps through checkout. Then your gift can be delivered by email or mail, or you can ship it to yourself and give it in person. … Currently, our gifting option can only be accessed through the web experience.

Is Groupon bad for business?

Groupon Deteriorates The Value Of Your Business If company X can offer a 50% discount and still make a good profit, then they must be jacking up their prices. Once a customer receives a large discount, it trains them to wait for later coupons and deteriorates the value of your products and services.

What company owns Groupon?

On November 30, 2010, it was reported that Google offered $5.3 billion with a $700 million earnout to acquire Groupon and was rejected on December 3, 2010. After the rejection of the Google/Groupon buy-out, Groupon proceeded with their own initial public offering.

What else is like Groupon?

As we analyze the future of group buying, we’ve assembled a list of 10 solid Groupon alternatives worth knowing.LivingSocial. LivingSocial is the second-largest daily deals site after Groupon, and the most similar to Groupon. … Yipit. … Scoutmob. … Fab. … Savored. … Thrillist Rewards. … Refinery29 Reserve. … Woot.More items…•

Is LivingSocial the same as Groupon?

Groupon announced Wednesday it has agreed to buy LivingSocial, its onetime rival in the daily deals market, for a price low enough to be considered “not material.” … Groupon managed to go public in late 2011 with a market value of more than $12 billion. Today it is worth about $4 billion.

What are the best discount shopping websites?

Best Discount Shopping SitesSlickDeals. SlickDeals is an active community that shares deals from all over the web. … Bargainist. If you love stores like Macy’s, Old Navy, Best Buy, Gap, The Home Depot, and more, Bargainist is your go-to place. … Groupon. … Gazelle. … Cashbackbase.com. … Brad’s Deals. … Deal Spotr. … Offers.com.More items…•

Does Groupon Work?

The way it works is that Groupon offers different deals each day for a local good, service or event in a city where it operates. Discounts range from 50 percent to 90 percent off. The promotion is only valid if a certain number of consumers purchase the deal within 24 hours.

What’s the catch with Groupon?

The only catch is the time-limited nature of the Groupon discounts. With some deals, once a deal is announced and posted on the site, it’s relevant for 24 to 72 hours, after which the discount is no longer available.

Why is Groupon so cheap?

The deals offered daily through Groupon start at 50 percent off and can go as high as 90 percent cheaper than the normal price. Groupon can offer such steep discounts because it guarantees business owners a minimum return on their investment and the possibility of becoming an overnight sensation.

How do I promote my Groupon deal?

How to Advertise on GrouponIntroduce yourself at groupon.com/merchant/join. … Use Groupon’s self-service Deal Builder or speak with a Groupon specialist to create a campaign that works for your business. … Get ready to meet your new customers by reviewing the campaign prep materials Groupon provides and sharing them with your staff.More items…•

Are Groupon trips worth it?

To find out, NerdWallet talked to three travel bloggers who used Groupon Getaways travel packages to see the world. The takeaway: Groupon Getaways are generally worth the cost — but the trips come with some caveats.

Is Groupon dead?

Groupon skeptics have never been in short supply. … Today, it has withered away, and its remains were recently acquired by Groupon for $0. Groupon, once named by Forbes as the fastest-growing company in the history of the web, has also become a shadow of its former self.

Which is better Groupon or Wowcher?

Groupon Offers Greater Value For Money Than Wowcher But as the saying goes ‘there’s no such thing as a free lunch’, so are the deals really all they’re cracked up to be? … The medium restaurant rating for Wowcher is the 3.5-star mark, whilst Groupon ups its game to four-star.

What percentage does LivingSocial take?

Groupon’s “regular” deal split is 50/50 with merchants, so in this case they would take half of $5. They also charge merchants an additional 2.5% fee if people use their credit cards to buy Groupons.