A "Groupon" is a coupon offer that will be valid if enough people agree to participate (visit the establishment, cash in the coupon, etc.). Each day, Groupon features an unbeatable deal on the best stuff to do, see, eat, and buy in your city. By promising businesses a minimum number of customers, they get discounts you won’t find anywhere else ("collective buying power!"). If the Groupon offer reaches its set quota of participation, your offer will be sent to you via email to print and redeem. It’s a win-win situation, since you get a great deal and the company benefits from your business! Another cool feature: Groupon offers can be gifted to others (since you pay via credit card when you agree to an offer)!
How it works (from the Groupon website):
Each day we feature something cool to do at an unbeatable price. Restaurants, Theatre, Spas, Classes, Sporting Events, Bars, Museums, Concerts, Gyms and a whole lot more…
You only get it if enough people join that dayâ€¦ so invite your friends!
Check back the next day for another awesome Groupon.