Groupon helps save money with group purchases

January 12, 2010 6:32:46 AM PST
What is How does it work?Launched in November 2008, Groupon features a daily deal on the best stuff to do, see, eat, and buy in a variety of cities across the United States.

* started in Chicago; offices based here in the old Montgomery Ward building at 600 W. Chicago

* A great price is only half the battle - it's also got to be a great product or service.

* A business lists a desired number of people who must sign onto a deal for it to tip and everyone to get the deal. The features are usually 50-90% off.

* Once you purchase the deal, and it is on, your credit card will be charged by the end of the day and you will then be able to access the deal through the website the following day.

* Once printing the deal, you can use it at your convenience when you want.