How many "deals of the day" do you really need? I thought Groupon was a great idea back when it started in Chicago, 2008. One million dollars was raised to launch the business, now 3 years later the company is estimated to be worth 1.35 Billion dollars and employs over 7,000. Similar story behind the four friends who started "Hungry Machine" in 2007, now known as LivingSocial. They book one million dollars a day. Not bad for companies barely 4 years old.
But hey- what about me. I get these enticing deals, daily, not only from these two sites, but also from Daily Candy, Rue LaLa, EverSave, Deal Catcher, to name a few. How do you keep up? How do you have time to save? And more important-do I really need any of these "deals"? I have a file of neatly organized deals on facials, manicures, yoga classes, car detailing, even free dessert. You name it, I have a soon to expire coupon to cover it. The problem is the coupon isn't usually for anything remotely close to where I live or work, the hours rarely work with my schedule, and they all seem to expire at the same time. Yet I hate to miss out on a deal-sound familiar? Is this really the deal I have been looking? I might be better off supporting my local shops, making it my deal of the day to save time and gas.