2010 is an exciting Groupon year for Manila! Groupon is a shortcut for "Group Coupons", which are typically wholesale bargain deals offered online, leveraging the power of social media.
These "Groupon clone" sites would typically negotiate a deal with a lifestyle product or service partner (minimum of 50% but as high as 90% off). Usually, there is a minimum number for the deal to be "ON" and the deal is for a limited time, typically one day to a week. The sites earn by getting a profit sharing with the supplier, depending on the amount of the deal.
Starting August, we saw Groupon sites launched one after another, which makes online bargain hunting more exciting!
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