Daily Deals are popular. Were, are and will be popular for at least another 5 years. It's an industry like everyone else, banking, retail, Food, etc.
They will use mass media to promote themselves, and through social deal sites to sell their deals. So when you read any advice from journalists or editors from some publisher saying that they love the deal, love the place, don't fall for them straight away. They probably have financial interest between each other. It's just soft advertising to convince you to spend your money.
Judge it yourself. As I said in other posts, ask friends about daily deals, or specific restaurants, services, come to Real Deal Buddy to see if there are review on the same merchants, deal site, then decide for yourself.
Do you have the same feeling as me? Whenever I receive the daily deal emails, I would spend at least 5 minutes to read every single deal to see what I can buy. This firstly put you into a vulnerable position. Because you didn't even think about WHY I should buy the deals, instead you only pay attention to WHAT I can buy based on the price.
If you have some daily deals experience, you would have noticed a lot of daily deal websites often promote tasting menus with pairing wines but never really offer specifics. Even they provide some detailed information, there is some text in the 'Fine Print', talking about the menu is subject to change without any further notice. Then when you go to the restaurant, you probably will be wondering what the hell am I eating or drinking... etc.
So if you don't want this kinda of wondering or disappointment, Don't pay for a deal unless you know what you'll be eating or drinking. Same with all the other products deals --- earrings, towels, memory-form pillows, vacuum robot... OMG, if you really need these, check out the merchants' website and read carefully. Don't let the price tag fool you. After all, you are spending all your hard-earned money.
WE heard so many daily deal stories about how the restaurant sucks, how the SPA lady pushed the customer to buy more products, or how the Keratin Treatment didn't last...
What we would recommend? - Check the reviews of the merchants before you buy the deal if possible. We talked in other post about what kind of restaurants will use daily deals to promote their business. Among them, some are the restaurant who don't have good business and want to use the daily deals to boost it. So their dishes might not taste good. You are absolutely right! Although they gave you 80% discount, but the lower prices don't make the bad dishes taste good.
So use your common sense, ask friends or colleagues, or check online to see if there are reviews of the services that you are attempted to buy. If more than 70% people or posts saying it's not recommended, please trust the their verdict. Don't let the low price lure you to think you might not think differently.
Ok, if at the end you got some bad deals, come to realdealbuddy, tell everybody else about your story and make the daily deal websites and merchants shake and alert! Or if you got a good deal, also come here and share your stories, then we all can learn and grow to be more experienced daily deal pickers!
This one is arguable. What people always think or say here is --- a lot of people think good restaurants don't really need daily deals to help them promote/sell, since people go there no matter if there are daily deals or not.
Well, I would like to propose it is not 100% true. Yes, I agree, there are many merchants take advantage of daily deals to promote their unsuccessful business; however, there are many good restaurants also leverage daily deals to fill up their shops. Where they are smart at is to set the time & date when the customers can use daily deal vouchers – to put them in the time and day where the restaurant is normally not that full. So now they have full house all the time. What a great idea!
Talking about the top-notch restaurants, they don’t do daily deals. Yes, they are pretty full all the time, you need to book a few months in advance to secure your table. No they don’t really need daily deals, because as they already got enough clientele, they don’t need to get themselves in trouble of arranging more customers flushing in, not be able to book people in time would destructing their reputation; using daily deals normally is regarded as a bit ‘downgrade’ of brand image (not necessarily true, but that’s a common perspective) too.
So here we go, using daily deals normally belong to mid-range brands/companies to attract more customers, for no-name companies to build their names.
In Something about Daily Deals -1, we talked about Daily deals are tempting and don't really help us save money. Another thing I want to say here is if financially you do need a deal to eat out, then you probably shouldn't eat out.
All daily deals are promoting something you can live without. Right? Think about it --- 3 course meal with a bottle of wine for $39. OK, for $39, if you eat at home, probably can cover you for at least 2 days. $59 for 3-bed room cleaning. Are you serious? Just stay at home and do your own cleaning. You don't need to spend $59 at all and exercise for free!
IF you need to “save money”, purchasing a deal doesn't help. If you just want to relax and go out, then grab a deal probably does save some dollars. And I hope you have a great time. Whatever happens, you can come back to RealDealBuddy and let other deal buyers know if that's a great deal or a bad deal, then everybody can learn from it.
We always think buying daily deals is helping us save money, actually, they help us SPEND money. How?
Because you probably bought a lot of thing normally you wouldn't buy if there were no deals. Sounds familiar? Yep! I never heard about that restaurant, hmmm, just today they have $39 for $123 worth of Seafood platter and a glass of wine each, why not? OK, then you got hooked. Also did you realize that the deal sites always lock you into a set or tasting menu in restaurants that are otherwise a la carte? So yes, seems you saved more than $80, but do you really want that combination?
in this way, you actually spent more money than you really wanted.
OH well, maybe you can comfort yourself by saying or feeling "anyway, I am not sure what to order? so set menu is totally fine and at least I tried some new restaurant".
That works for me. 80% of time, I was satisfied with the restaurant deals. only a few I felt they didn't worth the money. So think twice before you buy, if you bought, just enjoy it!
If you didn't enjoy it, come to RealDealBuddy and let everyone know that was a bad deal. Either Deal website's fault or the merchant's fault. Alert others and release your anger.
Our mission is simple: to bring the best deals to you! How? By asking community of deal lovers what they like or dislike. Join the conversation!
Share and get other to enjoy it.
Love Daily Deal Websites?
Tell us which one is your favourite and which one have terrible customer support.
Have Your Say!
Yes, we want to hear it all - so jump on and share your impression and experience about daily deals - start now >>
Is this the end of Groupon? It's hard to say, but look like daily deals bubble busted for the fastest growing company in the World.
After number of childish moves Groupon and their CEO Andrew Mason may gone too far. As one of the biggest IPOs news Groupon was valuated at as much as $25B, but number of step may make them cry for Google's $6B - how much reportedly they were offered few months ago.
Just recently CEO Andrew Mason filled papers in the preparation for the IPO claimed that company is profitable, but far from that. using old-fashionable Wall Street technique they didn't include marketing cost, what - hey - is the most important part of the Groupon deal. Make a quick and aggressive claims to cause quick sale of - maybe not so good deal int he first place. But as there is restriction of time and push to our senses of urgency and wish to get a lot for almost nothing - technique worked for millions of customers. Now, the same won't work with IPO and Wall Street. Look like Mason and Groupon don't know how to wrap this deal. Maybe they should spend more on marketing, but in this case to help companies valuations. And that was an intention behind the latest road-show that... got cancelled. Another marketing problem? Or running out of cash?
Cash flow is the topic that made Mason send email to company employees with claims how they should defend company and revealing details that should not be in the time of quiet period before IPO. That may be another problem. Maybe not big, but it is another proof that Mason is not grown up to lead Groupon into stellar performance.
What would be future for Groupon? As there is number of competitors such as Living Social, Google Offer and others - Groupon have to keep competitive edge and be innovative. But we didn't see a lot of innovation from their side. Google (as usual) continue to advance with latest acquisition of The Deal Map. There are other players like Gilt Group that took the whole concept of daily deals and flush sales to more acceptable level. Their concept look more sustainable and company made quick move into other niches, such as travel. Both cases make me feel that Google and Gilt are more aggressive and innovative than Groupon. Does Mason and Groupon perform the same show? Costly and loud showoff without substance. Another case of wasting marketing dollars?
Consumers are another 'trouble' for Groupon. They started realizing that not all deals are the real deals and started cooling off. This maybe move them more toward Gilt Group concept and leaving Groupon with costly operations and lot of complains. Daily deals complains are not news - our whole website is built to support this issue. Consumer cooling will mean less customers for merchants too - so we can expect that there will be less of small business to take on this challenge and organize daily deal. Truth is that lot of them didn't actually lost money and not really made a great deal for themselves.
So - childish moves from Mason and Groupon; cash-flow issue in not-yet-profitable company; innovative and fast competition; consumers cooling off and merchants in decline. Those this sounds like a company you want to invest in? I think bubble is gone and unless Groupon refresh their thinking and rapidly start innovating - the deals is over. Question is - was it a good one?
Welcome to WordPress. This is your first post. Edit or delete it, then start blogging!