How Living Social and Groupon Works

How Living Social and Groupon Works January 21, 2011

Over the last year, social deal sites have been popping up all over the place.  I hadn’t given much attention to them until this week when I saw an amazing deal from Living Social.  They were selling $20 Amazon gift cards for $10.  All I did was click “buy” and entered some basic info to purchase it.  The best part was that the deal I just purchased could actually be free if I referred three people – so I emailed the link to my wife, and a few friends and VOILA – $20 Amazon gift card for free!

What is Living Social?

Living Social is a ‘deal a day’ site that promotes special deals for different cities across the US.  Once you sign up, you are emailed a discounted deal each day that you can use at local businesses.  If you like the deal, just click ‘buy’ and your deal is sent the next day.

living social

Other Perks!

I like living social because if you refer three people to the deal, your deal is free.  Free is nice and the referral is good because you can save friends money.  They’ll think you’re really smart and give you more respect (I may have exaggerated in that last sentence).

If you are thinking about signing up, be sure to click through this link and we’ll split a $10 new member sign up bonus.  You get $5 and I’ll get $5.  You don’t have to click through this link to signup, but you’ll miss out on $5 for free.

What is Groupon?

Groupon is another deal site that also provides coupons for local businesses.  Their discounts are also huge and can be anywhere from 25% to 90% off.

An interesting note about Groupon is that you can customize the deals that they send to you.  You can add your zip code, gender, and age and they’ll make sure you see relevant deals.  Pretty cool.


Other Perks!

Groupon also gives a $10 reward for referring friends, so you give your friends the gift of saving while you have no limits on the referral bonus.

It’ll be interesting to watch the deals and see what kind of savings are out there.  Hopefully you can benefit from some of the great offers and save a few bucks yourself!

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