Groupon Launches in Miami
* Reuters is not responsible for the content in this press release.
Local Restaurant, Gym, Wine Fair Among First Features on Popular Shopping Website MIAMI--(Business Wire)-- Groupon (http://www.groupon.com) - a shopping website that offers a daily deal on the best local goods, services, and cultural events - launched in Miami on September 8, 2009. "As a cultural hotspot with such a young, diverse population, Miami is the kind of city that will benefit the most from Groupon`s presence," said Groupon founder Andrew Mason. "Businesses will get a new way to stand out from a crowded marketplace, and consumers will get unbeatable deals featuring the best Miami has to offer." Using the principles of collective buying, Groupon negotiates unprecedented deals with top businesses. Groupon subscribers receive free daily emails alerting them to the deal. These deals are only activated if a minimum number of people agree to buy, encouraging subscribers to share the deal with family and friends via social media tools such as Facebook and Twitter. By guaranteeing a large number of new customers, Groupon creates a win-win for local merchants. So far, this innovative approach to e-commerce has generated millions in revenue for local businesses while saving its 600,000 subscribers more than $16 million. "Groupon brings buyers and sellers together in a fun and collaborative way," said Mason. "We offer the consumer a great deal they can`t get anywhere else and deliver the sales directly to the merchant." During its first week in Miami, Groupon`s featured businesses will include several popular restaurants, a rock-climbing gym, and the International Wine Fair. Miami is Groupon`s fourteenth city. About Groupon Groupon, launched in November 2008 in Chicago, features a daily deal on the best stuff to do, eat, see, and buy in major cities across the U.S., with plans to be in at least 25 cities by the end of 2009. Groupon uses collective buying power to offer unbeatable prices and provide a win-win for businesses and consumers. Groupon is a project of The Point (http://www.thepoint.com), an online community launched in 2007 for organizing group action. For more information, visit http://www.groupon.com. To get Groupon`s daily free email for the best in your city, subscribe at http://www.groupon.com. To learn more on how to become a featured business on Groupon, visit http://www.grouponworks.com. Groupon Mark Desky, 312-604-5470 mark@groupon.com Copyright Business Wire 2009
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.



Follow Reuters