I’m sure you’ve heard of Groupon, but what about Living Social? They’re the next best (sometimes even better, if you ask me) in the world of discount local activities, events, and products. I’m looking forward to my Segway tour, a fun event for my birthday. 😀 Half price cannot be beat! I also really enjoyed my hotel in Washington D.C. walking distance from the National Mall, that I got half priced through Living Social, it even included parking, breakfast, and a fruit and cheese platter! Clearly, I recommend Living Social and if you haven’t signed up, Sign Up NOW!
I love LivingSocial.com. Sure, we all know that Groupon is the original, but did you know that LivingSocial is one of its top competitors? As a Thrifty Diva, I subscribe to several of the best daily deal sites and only buy when I see a deal too hot to miss. Living Social is one of my favorites!
Are you signed up for your local Livingsocial, Groupon or other daily deal website? If not, make sure you do because you are missing out on some super savings. I have seen some deals as much as 90% off. About a year ago, I bought a day at the spa which included a facial, pedicure, manicure and massage for only $99! Crazy huh? I thought this was such an exciting industry that I started working for our local daily deal website.
(BTW, this is a real deal going on right now! Just follow THIS link to the online Groupon deals)
When you get these great deals, have you ever wondered how they worked? Or even why businesses are doing these great deals. I’ll let you in on all the secrets. Well they probably aren’t secrets, but at least you’ll know now 🙂
All of these daily deal websites work by taking a portion of what is sold. Most of these websites have a bottom line and require the businesses to at least give a 50% off discount or more then they take anywhere from 30%-55% of what comes in. Some businesses only make about 10%-20% of their original price! Sounds pretty steep huh? However, these businesses use this as an advertising tool. Regardless if someone buys the deal or not, their company’s info goes out to thousands of people.
So to break this down…
Local salon wants to do a cut and color deal.
It’s normally $150, but the daily deal price is half-off at $75.
The daily deal website takes 45% at $33.75.
That leaves $41.25 to the salon.
That’s a pretty big difference from $150. However, any other form of advertising will only cost money whereas this one at least brings in some money.
Do you buy daily deals? Tell us about your best one!
Calling all moms! Here’s a great deal on organic baby items, toys, gear and even cloth diapers. You get $40 worth of baby stuff for only $20 at EcoMom.com through Living Social. Also, free shipping is available right now on all orders. If you’re like me, this deal feels a little bit like Christmas!
I bought this deal last year and bought all of our immediate family calendars with my kids pictures on it. BEST. GIFT. EVER.
Check out this deal Livingsocial has in Washington D.C. (If you are new to Livingsocial, you will have to sign up first then choose Washington D.C. as your city)
Want to buy more than $50 worth? They also have an option for $35 for $75!