The Pros & Cons of Sites Like Groupon in Singapore
Singapore the Internet Savvy Asia Country
Singapore being a highly urbanized city state is a country with a high percentage of internet users, has an above average tech savvy population compare to most parts of Asia.
This is probably why internet retail companies have set up their site targeting these affluent net citizens of Singapore.
The latest trend in Singapore's cyberspace are internet sites offering seemingly unbelievable deals on coupons that give deep discounts when used to purchase select items or pay for services related to health and beauty care.
Learn How Groupon Work by Aggregating Internet Buys to Enable Fantastic Discounts
Internet Buyer Beware
Companies like Groupon and local players like Mocca.com by Singapore's media company is offering unique value. However as in all "great deals" especially online ones, there's always a good reason why its still profitable for the businesses to offer them to consumers.
These internet deals sites leverages on the ability of the internet to reach the 'long tail' of internet users wants to purchase a particular product or service at a deep discount. The aggregation of like minded buyers is one of the most positive effects of these sites.
However the downside is that nearly all of these deals come with fine print clauses like short expiry dates or multiple conditions that makes it difficult to actually for buyers to enjoy the value that they have paid for.
As an example the site Perks.Mocca.com offers coupons that give deep discounts of sometimes up to 70% on items. The problem is that they only offer them for limited durations of 1 day with only a few deals available each day. This actually negates one of the key benefits of customers visiting an internet retail site which is the ridiculously large range of product that can be bought online and delivered conveniently to their home, which is why Amazon.Com is so popular.
Singapore Deals from Perks.Mocca.com
Some Online Shopping Sites in Singapore
- Singapore Shopping Mall, Online Shopping, Online Store, Mall Directory
Your one-stop store for Lampe Berger, Amway, Nefful, Estebel and Ranish products.
- The Largest Online Store in Singapore
BuySingaporeOnline.Com (BOS) is the No.1 Online Store in Singapore for unique and premium products for a fun and active life.
- eBay Singapore - Buy or sell practically anything on eBay, the world\'s online marketplace
Visit eBay, Singapore's online marketplace for cars, clothing, accessories, electronics, digital cameras, sports, DVDs, toys and more. Buy and sell almost anything new or used on eBay Singapore now.
- Up to 90% discount on restaurants, spas, wellness, fitness - groupon.sg
More by this Author
The development of robotics especially that of humanoid robotics have accelerated rapidly over the last 10 years. Humanoid robotics is a unique endeavor that require the synergistic integration between many...
The Cluster House is one of the best kept real estate secret in Singapore. This type of property is provides the best of both worlds and is basically a landed terrace property in a secure "condo-like" gated...
In today's volatile economy it pays to be well informed. Read on to know the key causes of China's inflation and the insider secrets of China's economy.
Share Your Thoughts and Personal Experiences on Internet Retails
No comments yet.