Thanks Groupon, LivingSocial, Twongo and ….Google!

Many businesses are jumping on the bandwagon – getting featured on Groupon, LivingSocial, Twongo, and now the new comer Google. Businesses that had been featured on Groupon and Livingsocial now have the alternatives on other collective buying websites like Twongo, Google and Tuanhu. Who have been the winner of this game? Obviously the consumers!

Businesses start competing with each others to get their brand  exposure through significantly reduced offers (50-90% off) plus sharing up to 50% of revenue with these companies. Yes! It sounds like a promotion that costs business owners arms and legs. However, if you (the business owner) know how to get the most out of your promo on these collective buying social platforms, you can enjoy your offer as much as your referred customers.

Stay tuned for my next post on Think Outside of the Box with Grupon & LivingSocial…