It’s all about fun facts today and in our spotlight is none other than Groupon, one of the many famous brand names when it comes to discount shopping online. So let’s dive right into it, shall we?
A Rags To Riches Story
Before Groupon became the success it is today, the daily deals site actually stemmed from another company called ‘The Point’ – a brainchild of founder Andrew Mason.
The Point was created in order to address the hesitation people had when it came to fundraising hence, Mason and his colleagues created the ‘tipping point’, a system that requires a specific amount of money or signatures in order for a campaign to move forward. Sounds familiar?
Sadly though, The Point failed to gauge people’s interest but interestingly enough, Mason noticed that the successful campaigns were ones that gave people buying power. In his last attempt to salvage the company, Mason decided to focus on the idea of group deals and combined it with the ‘tipping point’ system to then create one of the fastest-growing companies in the world: Groupon.
There’s A Zero Interest Instalment Plan?
Groupon offers a variety of flexible payment options and one of them includes instalment plans for Maybank and Public Bank credit card holders via Maybank’s EzyPay and Public Bank’s Zero Interest Instalment Plan respectively.
These awesome plans apply to purchases of RM500 and above with the option to choose from 3, 6, 9 or 12-month instalments. I find that this is especially convenient when purchasing gateway package deals as you aren't required to pay a large sum upfront.
Groupon Reserve For The Finer Things In Life
Say hello to Groupon Reserve where high-end products or services are made available to purchase at an affordable price.
With the launch of this new premium service, Groupon customers can now shop brands such as Coach, Michael Kors, Marc Jacobs, LUMINOX and even Prada – without having to surf via another shopping website. It’s really not just about the price tag but also convenience at its finest.
A Travel And Food Lover's Deal Combined
It’s no secret that you can purchase staycations up to 70% off or more via Groupon but here’s another tip to maximising Groupon even while you’re on vacation.
In places like Japan and Korea, meals can cause quite a strain on your travel budget – especially if you’re aiming to try out hotel restaurants or popular outlets. So what do you do? Browse through Groupon’s international websites and purchase your meal vouchers online! All you need is a verified Paypal account and of course, a website translator for non-English websites.
Important: We’d recommend shopping Groupon’s international websites prior to your travel so you can print these vouchers at home and most importantly, please do read through the respective country’s Groupon FAQ section for international customers before making any purchases.
Reward Yourself: Save Money, Earn Money
As if Groupon’s awesome deals weren’t rewarding enough for us, this online platform will also reward you with a RM2 top-up credit for every successful friend recommendation. We know what you’re thinking: what difference is RM2 going to make? Well, think about this way – with the choices of products and discounts that Groupon is offering, the website already sells itself. Hence, earning at least 10 sign-ups is pretty much a done deal and voila, that’s RM10 off your next purchase.
But wait, there’s more!
If you shop your next purchase on Groupon via ShopBack, you get an extra 4% cashback! I personally like to call it ‘The Groupon And ShopBack Amalgamation Effect’ or in other words, ‘I get rewarded TWICE and that’s freakin’ awesome!’. Embrace the amazingness of Groupon with their frequent sales! There is the April Fool's sale happening for today only so don't miss out on it!
*Groupon has since been rebranded as Fave. Be sure to keep a lookout for Fave vouchers to enjoy discounts!
*First Published: 1 Apr 2015, Last Updated: 31 Oct 2018
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