Answer: Groupon is a deal-of-the-day recommendation service for consumers. Every 24 hours, Groupon broadcasts an electronic coupon for a restaurant or store in your city, recommending that local service while also offering you a 40% to 60% discount if you purchase that service.
Why Does Groupon Do This?
Groupon is a middleman service that promotes your city’s restaurants and stores.
Groupon encourages people to try a different restaurant or store each day, and earns a commission whenever they successfully refer a customer.
How Does Groupon Work for the Customer?
Groupon itself is a free service for you and me to join. Each day, Groupon will send an email announcement to its subscribers, describing the deal-of-the-day in that metro area. Commonly, the deals are 50% discounts at a particular restaurant, or 50% discounts at a particular store. If you like the deal-of-the-day, then you purchase an electronic coupon directly from Groupon using your credit card or PayPal account.
To help further understand Groupon weve put a little video on to help you all out!
For all that are interested in grabbing some of Groupons fantastic offers you can sign up here!