By now you've probably already heard of Groupon. Any company that can turn down a $6 billion acquisition offer from Google is sure to get people's attention. Well I've been using the site since Christmas last year and long story short, they're freaking awesome.
The site name comes from a combination of Group and Coupon, which is a good way to describe how it actually works. In essence, once a day there is a super deal offer presented to your region. If enough people buy it, then the deal “is on” but if there aren't enough people interested, then it dies and you aren't charged anything. For instance, in my Groupon region recently, there was an 18-hole round of golf for two people plus cart for $39, which was around 70% cheaper than the normal cost. Now the only golf I play is putt-putt, so I passed, but you get the idea.
How about this for a better example: right now,
Groupon is running a deal with Redbox. For $1, you can get 3 movie rentals! The offer is good through midnight tonight (Tuesday, Dec. 14) and the Redbox codes don't expire until March of next year.
That's pretty much it! Sign up, check the site each day, and snag whatever they're selling cheaply if it tickles your fancy (I have no idea what that means). With birthdays always cropping up, I figure I'll buy anything I see priced especially well and bask in the glow of my friend's praise!
Of course, Groupon's enormous success has spawned thousands of copycat sites. Below you'll find some of the more well known ones here in the states.
So what Hiffers are already using any of these sites? Let us know in the comments what kind of great deals you've snagged!