Is Groupon legit? Is Groupon Safe? Do you have doubts about the legitimacy of Groupon, or are you just confused about whether you should use it or not? Whatever questions you have got, we are going to answer them in this article.
If you’re searching for answers to these questions, you’re on the right page. In this article, we will share our experience of using Groupon; we will tell you, is Groupon legit? And we will explain how Groupon works. So, without any further ado, let’s get started:
Table of Contents
What is Groupon?
Groupon is a popular website that offers daily deals to its customers. Users can find very lucrative deals on restaurants, spas, retail stores, theaters, online platforms, etc. The site came into existence in 2008, and due to having a unique concept, it becomes one of the fastest-growing companies in the world of online shopping.
Groupon’s monthly active users’ figures stayed at 47 million as per recent reports. Despite being such a popular platform, people have doubts about the legitimacy of the platform. And I don’t say that their concerns about the website are wrong in any way. Just have a look at the image below to see the discount they offer on their website.
Groupon literally offered 55% off on a spa near my location. Whenever a website offers such a huge discount, it becomes hard to believe. The website automatically starts giving fishy vibes, especially when you will be asked to enter your personal details and payment information.
However, the good thing is that Groupon is an excellent website. I have been using it for a very long time, and it never felt like a scam to me. Below I have shared a detailed guide that can help you understand how safe Groupon is and where the possibilities of fraud lie.
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Is Groupon Safe? How safe is it to use?
In general, the majority of the time, Groupon is pretty safe to use. Groupon partners with the merchants and takes up to 50% of the revenue to promote and advertise them on Groupon’s platform.
For example, if you get a massage worth $315 at $100, then Groupon may take around $50, and the merchant will get the rest of the $50. This percentage of revenue share varies from vendor to vendor.
The working model of Groupon seems very legit and highly convincing. Also, Groupon seems very secure as they thoroughly look into the vendors and businesses they partner with.
Besides that, Groupon is in the industry for over a decade now, and the statistics show that Groupon is a very legitimate company. Even the Better Business Bureau has listed Groupon as an A+ rated company.
Nevertheless, I am not saying that Groupon can be trusted blindly. After all, a handful of Groupon complaints that you see on the internet appear to be very valid. But the majority of the complaints that you find about Groupon are from people who do not read the terms and conditions properly.
The best thing that I can suggest you do is to make sure to read the fine print concisely if you are interested in a deal listed on Groupon. You can also look for the business’s legitimacy by doing a quick Google search or seeing reviews of the Groupon deal you are interested in. And if you face a problem, you can contact Groupon immediately.
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Is Groupon legit, and how reliable are Groupon coupons?
If we talk about the legitimacy of Groupon, then it is a very legit company. It made its debut in 2008, and even after a decade, they have no severe allegations on their service. Even the company’s recently released statistics show that it has grown to serve around 47 million active monthly users. Despite being in the market for so long, Groupon has hardly been a part of any controversy.
However, I am not saying that Groupon’s users never faced problems, but the good thing is that Groupon believes in fixing the issues. Besides that, whenever a user complains about a fraudulent offer, Groupon investigates the matter very closely, and even they remove the offer instantly from their website. These are the reasons why I firmly believe that Groupon is a legit company.
But when it comes to coupons, there is a catch. Even though most of the coupons are very reliable, they come with some terms that a user has to adhere to get benefits from that offer. Most of the time, users don’t read those terms properly and end up saying that these coupons are not reliable. Therefore, I would recommend you to read the fine print before making any purchase on Groupon.
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Few things to know before using Groupon coupons
Even though Groupon is a trusted website, there are a few things that users need to understand before using Groupon coupons. It will not only help them stay away from frauds but also will help them to seal the right deal for them.
Let’s start with the very first, which is:
Read the fine print.
We have already mentioned this quite a few times now, but this is one of the most important things to do before grabbing a Groupon coupon. Each coupon comes with its limitations like the expiry date, maximum discount, and when the coupon can and cannot be used.
Along with that, the fine print also includes details such as additional fees and charges, on what products or menu the coupon can be applied to, and most importantly, if the coupon is only accessible by the new customers. Some of the Groupon coupons can only be used on specific days.
These are some of the things that play a significant role while redeeming Groupon deals. The majority of the customers neglect reading the fine print, and in the end, they blame Groupon for their loss.
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Not all deals are the best deals.
Groupon can take up to 50% of the total generated revenue, as I have told you earlier. Due to this, many merchants and vendors list their services at a higher price. There are pretty good chances that you can get a better deal if you visit the vendor directly or if you look for the same service on a different platform.
Therefore, it is always a good idea to look at other ways to grab the deal and not wholly rely on Groupon. Sometimes, it just looks like you are getting a good deal, but you are not in reality.
Don’t fall for fraud deals.
Even though it is very uncommon, there are slight chances that you might come across a fraud deal. If you are interested in buying something on Groupon, check the reviews of that product first. It will help you understand what other customers think about that product or service. If a deal doesn’t have good ratings, then simply don’t go for that deal.
Another way to check the authenticity of a deal is by looking at how many other Groupon users have bought that offer. If a deal doesn’t have enough sales, the chances are that the service or product quality wouldn’t be good enough.
Also, have a look at whether they have an official website for their business or not. If the company doesn’t have a website or if they have a website, but it looks very unprofessional, then it is a major red flag.
These were some of the checklists that you can follow to stay safe while using Groupon.
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The bottom line
So, this was a detailed review of the Groupon service.
Groupon is definitely a legit and safe website. It has been in the industry for over a decade now, and it managed to earn a good reputation. Even though Groupon is a very trusted and reliable platform, it works with different sellers and vendors. Therefore, it is always a nice idea to check if the vendor is legit or not.
With that said, here I am wrapping up the article. I hope it helped you. If you have any questions, feel free to shoot them below. Our team will try to answer all your queries ASAP.