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Tuesday, December 20, 2011

What is Groupon?

Group Buying also known as collective buying, offers products and services at significantly reduced prices on the condition that a minimum number of buyers would make the purchase. In recent time, Group buying websites have emerged as a major player in online shopping business. Typically, these websites feature a deal of the day, with the deal kicking in once a set number of people agree to buy the product or service. Buyers then print off a voucher to claim their discount at the retailer. Many of the group-buying sites work by negotiating deals with local merchants and promising to deliver crowds in exchange for discounts.

Find the latest group buying sites in the Philippines. List are updated daily for you to avail of great deals and services for a more reasonable price.

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