Group buying sites or daily deal sites are popping like crazy. Deal sites scour the Web for discounted items- saving you both time and money. Most of these sites offer a lot of things that interest a lot of buyers such as discounted rates at your favorite restaurant, spa treatment and hotel accommodation.
So how does group buying sites work? The merchant agrees to offer customers a specific product or service at a greatly discounted rate (usually 50% off or more) if the group buying website can generate more than the specified minimum number of sales chosen by the merchant. Once the minimum number of sales is reached, the deal becomes activated and all the customers that signed up for the deal become eligible. Eligible customers’ credit cards are charged for the purchase and they receive an email for a printable voucher that is used to redeem the deal with the merchant. But, if the minimum number of orders isn’t reached then the deal is canceled, no one is able to take advantage of the deal, and the customers’ credit card isn’t charged. Shopaholic gives you some group buying sites or daily deal sites here in the Philippines. Check on these sites daily for great deals. =) |