Mar
2
2011
Business

Group Buying Sites in Singapore

Author An article by Amelia Chen    Comments 6 Comments

First of all, if you will be leaving a comment so you can build some links, please at least have the manners to pretend to have read my post and leave meaningful content. Do not just blindly announce your product site and expect me to not filter away your SPAM. Thanks for the respect.

What is Group Buying?

Where sites collaborate with companies to bring offers at a discounted price to a limited number of consumers. Win-win-win situation: companies get sales and brand exposure, consumers get a deal at a cheaper rate, site earns commissions for referral sales being the middle-man.

It could be possible that this was inspired by the intention to solve the inconvenience of mass orders – where a person would organise, coordinate and consolidate orders from other buyers into a single, high-volume purchase in order to enjoy bulk discounts.

I’d say this is a milestone for eCommerce.
As of 2010, many business models for collective buying have sprung up in Singapore, and probably all around the world as well. It is currently the big hype in the Singapore digital scene – especially with strong social media presence, Facebook and networking sites help them reach out to their customers easily.

  1. Groupon
  2. Deal.com.sg
  3. BigDeal.com.sg
  4. Outlet.com.sg
  5. ReebonzCity
  6. Singadeal
  7. Tip-it
  8. inSing Superdeals
  9. TakeMeTo Deals
  10. VoucherWow
  11. YouDeal.sg
  12. StreetDeal.sg
  13. Koovs.com
  14. Foodpon.sg
  15. ShiokDeal.com
  16. UrbanJourney
  17. JuzToday.com
  18. BestBuys

I’m wondering though, there are so many such sites yet the number of competitors are still rising. Could this be a proven and workable business model? Any takes?

[Update] Truth is: This list is probably not very updated because new deal sites spring up almost every week. It’s also frustrating to have to visit many different deal sites to browse for discounts – hence check out Dealzilla.sg for a list of all available deals in Singapore.

Related posts:

  1. ComeSingapore.com – Online Visitors’ Guide to Singapore
  2. How Social Media can Help Your Business
  3. Reasons Why Small Businesses Should Utilise Social Media
  4. Why Small Businesses Should Utilise Social Media
  5. How Women are Shaping the Internet

About the Author:

@AmeliaChen enjoys indulging in her penchant for all things social media, branding, and web design. Citizen of the web since 2000. In her free time, she designs paper goods, does social work and is trying to maintain a healthy diet.

  • http://www.facebook.com/tohkeith Keith Toh

    proven model yes. differentiation play has yet to come by though.

    even the US haven’t begin to innovate beyond Groupon 1.0 as the original group buying magnate would want to focus on controlling the world first then innovate… rather than innovate first and allowing the world to copy them

  • David

    I notice there are new sites coming up that list all the group buying sites – also some iphone apps that do the same thing. It seems to make it easier than having to surf every different deal.  My favourite is http://www.groupbuyheadline.com which just lists asian sites.

  • Dealshelve

    21 sites and counting are now also aggregated at Dealshelve. included are AllDealsAsia, BigDeal.SG, City Nomads, Deal.com.sg, Foodpon, Groupon Singapore, Huno, JigoCity, JuzToday, LiveOffCoupon, Outlet, Reebonz City, SGDeal, Share2Deal, ShiokDeal, StreetDeal, SuperDeals, Urban Journey, VioletVoucher, Voucherlicious, VoucherWOW.

  • John Cruz

    There seems to be a lot of group buying sites sprouting in Singapore lately.  Another promising site which will offer deals for us netizens is MonkeySeeMonkeyDo (http://www.monkeyseemonkeydo.sg/)

  • http://twitter.com/Share2Deal Share2Deal

     Check out Share2Deal singapore

  • http://www.facebook.com/satheesh.paddolker Satheesh Paddolker

    There is a new kid on the block providing refreshing Geolocation Deal Views.

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