Tuesday, February 8, 2011

Groupin come enjoy together!

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Best deals in Your City, 50% to 90% Discounts

5 Days Left

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Enjoy exploring exciting deals in your city.

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The basic idea of Groupon, and by extension Groupin.pk , is that each day it offers a deal available for purchase in 24 hours. The discounts range from a minimum of 50% up to 90%. For example, a restaurant may offer a 60% discount and Groupon will publish it as their daily deal. Now to avail that deal a minimum number of people have to sign up for that deal. Lets say, 100 people. Now when a 100 people sign up for that deal, the deal is activated and Groupon sends you a coupon/voucher which you can print out and use as cash. Also, if, at the end of 24 hours (the amount of time each deal is valid for purchase), the minimum number of people is not met, you wont be charged. The theory here is the collective power of multiple buyers helps lower the cost, yet ensuring that the business does not loose too much money by offering such high discounts.
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Shahzad Afzal Malik see my blog:

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