New Internet Twist on Coupons

March 16, 2010 12:00:00 AM PDT
New websites are putting a twist on the ordinary coupon. ---------------------------------------------------------------------------------------------------------------------
www.groupon.com/fresno
www.livingsocial.com
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Websites like Groupon.com are letting consumers save money at their favorite stores. But you have to share. Groupon only lets you take part in their member only savings by sharing. A certain number of your friends in your city need to sign up for the discount, or nobody gets it.

Groupon says it's a win, win situation for consumers. "It gives the merchant what they want, which is a huge number of new customers, and of course the customer gets what they want, which is a really great price on something cool to do," said Groupon.com CEO Andrew Manson.

Livingsocial.com works in a similar fashion. It offers daily limited time offers in specific cities.

Groupon does include Fresno in its list of cities, Living Social does not.


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