Groupon Adds Reward Points Program To Further Entice Shopaholics
Now the site is adding a rewards program that will likely make it even more like crack for shoppers. The currency, G’s, are awarded for viewing deals and buying deals. And if you buy a deal early (a minimum number of buyers have to go for a deal or else no one gets it), you get even more G’s.
100G’s equals a dollar, says Groupon, and can be exchanged for discounts at partner businesses. Or, if you’ve accumulated enough of them, you can get that day’s deal for free.
Groupon recently closed a massive $135 million round of funding that valued the company at $1.35 billion. We expect Groupon to hit $350 million in revenue this year.