Toronto Group Buying Sites

Daily Deals in Toronto

Published: 05/05/2010 by B Mills

Daily Deals and Group Buying sites leverage the power of collective bargaining to provide incredible local deals that offer huge savings for consumers while also promising spectacular sales numbers to participating merchants. As a result, these group deal sites have become immensely popular and successful for all parties involved. Most local group coupon sites offer short-term daily deals that discount products and services by more than 50% off and therefore usually sell out of such offerings within just a few hours. In this review list we’ve identified some of the top group buying sites that are currently available. If you know of any other group savings sites or if you’d like to share you experience using one of these websites, please the comments link directly below.

Living Social - A group deal website that offers shoppers daily deal coupons from participating local merchants in their area. One killer feature that sets this site apart from the pack is the incentive that’s provided by LivingSocial to tempt its users to share the daily deal offerings with their friends. That is, if three people buy the deal using the link you’re provided upon signing up, then you receive the deal for free. LivingSocial also has an iPhone app called LivingSocial Deals that allows you to browse the daily deal and receive deal notifications on the go. Unfortunately, LivingSocial is only available in a handful of major U.S. cities at this time but they are coming to Toronto very soon, so sign up now.

Groupon – This is the original group buying site that launched the group discount craze. Groupon is well funded and offers more local group coupon offers in more cities across the U.S. and Canada than any other competitor. Nearly everyday a new daily deal is posted for each major city and if a minimum number of buyers sign up, the deal is activated. After purchasing your Groupon, you can use it like cash to purchase the local product or service at a huge discount rate. If however, you purchase the discount coupon and the deal doesn’t attain enough buyers to become activated, the deal falls through and your credit card is not charged. Groupons can be used for more than just your own needs; users can purchase Groupons for their friends or buy Groupon gift certificates that can be used for any future Groupon purchase. They launched in Toronto early Spring of 2010

WebPiggy.com - A group coupon service that features discount savings vouchers for numerous local merchants in the buyer’s area. WebPiggy.com is only available in Toronto at this time

TeamBuy.ca - While it’s currently only available select Canadian cities, Teambuy.ca displays daily deals on its website and promotes them through the social web to elevate group buying power and obtain deep discounts for its users. Their daily deal offerings are a boon to local merchants and essentially includes no risk since the deal is canceled if the business owner doesn’t obtain the sales volume he/she requires.