Nothing gives bargain-hunters a bigger rush than seeing things discounted by as much as 90%! From restaurants to clothes to kitchen gadgets, there's no limit to the possibilities when you're shopping with a daily deals website and no obligation to shop if you don't want to (although, we don't imagine you'll need much coaxing when you see the prices)!
Here in Canada, deal-lovers have a few options when it comes to "deal of the day" companies. The main ones include Groupon, Wagjag and Living Social as well as several smaller sites like Tuango. With a few negligible differences, all daily deal sitesare virtually the same, offering similar products and services at similar prices.
How do daily deal sites work? The system is simple. Deal sites procure agreements with various companies selling products and/or services, and offer them access to their subscribers in exchange for a knock-your-socks-off deal. The companies get instant exposure and free advertising and the subscribers get amazing prices. Win-win!
FINDING THE BEST GROUP DEALS
Due to the nature of the deal-of-the-day system, you're not likely to find a deal that isn't at least 25% off the original price. As such, the hard part isn't necessarily finding a good deal, but rather identifying which deal is BEST. Here are some of our tips to maximizing the savings on daily deals websites:
- Look before you leap. It's easy to hit "But Now" when you see a 70% off deal on your favourite hotel, but remember to still do your research. Check other daily deal sites for similar (or better!) discounts and compare prices.
- Check often. Group buying websites dole out the deals in bulk. Remember that new deals come up all the time and the more often you check, the more likely you are to snatch up a good one!
- Subscribe to more than one site. If you're big on great savings, subscribe to all the major daily deal sites. Joining is free and gets you a nice daily email with a recap of the best deals from each company.
- Check BargainMoose for coupons. Daily deal sites will frequently release coupon codes that will get you additional savings on top of the already-discounted prices. Daily deal coupon codes have gotten shoppers site-wide savings, discounts off their first purchase, as well as discounts on specific products or categories (i.e. Get extra 10% off local deals).
A WORD OF ADVICE
Deal sites can save you a lot of money, but not if you end up with a deal that you can't use. Be sure to read the fine print on every voucher you're buying. Most daily deals come with their own set of stipulations such as blackout dates, expiry dates, etc. Be sure to familiarize yourself with these to avoid disappointment down the road. Not clear on some of the details? Contact the daily deal site's customer service team or look for a "ask a question" option directly on the deal page.