Saturday, March 12, 2011
Adjuice = Group buying but what is it?
Adjuice = Group Buying but what is it? Why do they get such good deals?
The model is simple: The group-buying sites find local businesses willing to provide large discounts in return for spreading their names to new customers. Consumers log on daily, check out their hometown's deals and either sign up or ignore the deal.
The sites vary in their business models: Some require a certain number of takers before the deal is sealed; while others reward shoppers based on how many others they lure into signing up.
Businesses like the group-buying process because they get a short-term boost that can to lead to new, long-term customers. The group-buying sites typically get a cut of the promotions.
www.adjuice.com/realdeals
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