If you’ve been anywhere online in the past few months. you’ve probably seen ads for a company called Groupon. They are everywhere and if you haven’t taken the time to learn a bit more about the company, I highly suggest you read this post in full. It could save you hundreds of dollars and introduce you to new things to do in your area.

What is Groupon?

Groupon is an online company that works with local businesses to negotiate huge discounts on either goods, services, or events. Groupon then offers these discounts to its subscribers (people like you and me) in the form of a “group coupon.” When enough people agree to buy the Groupon, the deal goes live and you receive a big discount at a local business. You save money, the business receives new customers and everyone is happy.

I’ve really grown to love Groupon. It’s a completely free service. I get an email each morning notifying me of the latest deal and have plenty of time to decide if I want to buy it or not. It’s a great way to save big on money I would otherwise be spending anyway. You can also send Groupons as gifts allowing you to save even more money without having to sacrifice anything else.

Here’s a quick video that was put together by Groupon to explain the whole process in more detail. If you’re reading this in an email, you might have to click here and visit our website to get the video to play.

My Experiences with Groupon

I’ve been subscribed to Groupon for a few months now and have since bought three different Groupons.

They are…

  1. $20 for $40 at a Local Restaurant
    A new restaurant opened up near my place a few months ago. I’ve heard good things but never really got around to trying the food. About a month ago, a spend $20 and receive $40 Groupon appeared and I just had to buy it. I got to try a new restaurant and save $20 on date night with my girlfriend. Win-win-win.
  2. $25 for $50 at Gap
    Back in August, Gap ran a $25 for $50 Groupon and I pulled the trigger as soon as I saw the notification email come in. I like the clothes at Gap and more or less saved $25 just by following Groupon.
  3. $35 for $125 at Levin Furniture
    My latest Groupon is going to save me $90 on a new coffee table from Levin Furniture. I’ve been in desperate need of a new table, but have been putting it off for a while now. I’ve bought the Groupon but just need to get my butt to the store to make a purchase.
  4. Here are my numbers if you haven’t been keeping track…

    Total Spent: $80
    Total Received: $225
    Total Saved: $145

    So, overall I’ve saved $145 just by subscribing to Groupon. I was able to try a new restaurant and save a bunch of money at stores I usually shop at anyway. This is a no-brainer as I give Groupon a must-join recommendation. It’s completely free and can save you a bundle of cash. At the very least, click here, have a look around Groupon, and subscribe to your city’s daily deal email. You’ll get an email once a day notifying you of the latest Groupon in your area.

    I do recommend that if you purchase a Groupon, to wait a few days or even a week before using it. The business will get flooded with customers and calls for the first few days after a Groupon goes live. I try to stay away and let the heat die down before using my Groupons. It makes for a much better experience overall.

    I know there are a few sites out there that follow a similar business model; however, Groupon is the only one I’ve tried so far. If you know of any more or just want to share your experiences with Groupon as well, please leave a comment below! Thanks!

    Click here and see the latest Groupon in your area today!

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Join the Discussion

  • Gary

    I’m a Grouponer(?) too, but my one problem with these sites and coupon books in general is that they are really only a deal if you were intending to use the product or service in the first place. Otherwise they make you spend money you probably weren’t going to originally. The net effect in that case is a loss of money. This is especially true of the coupon books where you purchase everything up front, not so much with a site like Groupon which is free to join. So I guess my main point is: Continue to spend wisely.

  • Shannon

    I love Groupon! I got a family membership to our local natural history museum for a very small price. Now we get to visit the dinos as often as my toddler wants! Plus it also includes admission to other places in their reciprical program. You never know what cool discounts might be offered next!

  • Nora

    Groupon is a great way to find huge discounts on everyday products and services, but there are tons of other daily deal and group-buying sites out there that allow you to save, such as LivingSocial or BuyWithMe.

    A site you can use to find all the best daily deals and sales in your area without having to search through all these money-saving websites is http://www.dailydealpool.com. They’ll email you a list of the best buys in your area, ensuring you don’t miss out and you won’t have to endlessly search the web!

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