Top Group Buying Websites in India
Group
buying system is bringing about a revolution in the way we shop in India. Group
buying websites offer discounts that are valid for a limited number of users
and for a limited time period. These discount offers become valid only after a
set number of people have purchased them. In case the minimum number of buyers
is not obtained, those who have already purchased the deal get their money
back. Alternatively, if the offer gets successfully activated, buyers have a
time period of three to nine months to use the coupon.
1. Snapdeal: Snapdeal is leading in the online group buying market by a huge margin against its competitors. They provide the cheapest deals in many different domains and are present in 32 Indian cities. Snapdeal has reached its users who do not have an internet connection through TV commercials and the organization claims that they have more the 30,000 transactions each day. The quick growth of Snapdeal is because of strong tie-ups with retailers and successful TV commercials.
These
websites help buyers secure discounts like never before and are also lucrative
for the companies offering them since they get a large number of buyers. There
are several group buying coupon websites like couponzguru.com in India. These
websites are seen everywhere these days and have spread throughout the online
shopping zone. None of these platforms have any differentiating factor and they
are almost the same. Here are the top 4 group buying websites in India. All the
top websites have very close competition with many different websites,
including Kvoos.com, Rediff shopping deal ho jaye, TimesDeal.com.
1. Snapdeal: Snapdeal is leading in the online group buying market by a huge margin against its competitors. They provide the cheapest deals in many different domains and are present in 32 Indian cities. Snapdeal has reached its users who do not have an internet connection through TV commercials and the organization claims that they have more the 30,000 transactions each day. The quick growth of Snapdeal is because of strong tie-ups with retailers and successful TV commercials.
2. 2. SoSasta (GrouponIndia):
SoSasta, a Kolkata based start-up was founded by Ananya Bubna and was later
acquired by Groupon. The organization is currently operating in 11 Indian
cities. They had an exclusive tie up with Ginger Hotels which helped them
launch a travel vertical on the website.
The organization aims to provide local and targeted deals to its users.
3. 3. Mydala: The
first group buying portal in India, Mydala was founded by Anisha Singh in
November 2009. She has successfully secured
many investment deals for her venture.
With its head office in Delhi, the organization is present in 9 cities
and they are planning to slowly grow to many other cities as well. The quantity
and quality of deals on the page are great and the website has a very neat
design.
4. 4. Deals and You:
Initially it was wanamo.com. This website marked the first acquisition in the
daily deals arena. Their transaction numbers have been increasing quickly mainly
through their IPL ticket deals. Deals and You have headquarters in Gurgaon and
it is a part of Group Buying Global AG which is also the owner of Fashion &
You.
Many
experts believe that the operating model of most group buying website in India
is not sustainable, and they do not have well planned user interface or
properly maintained customer redressal mechanism. However, there is a hope in the market that
they will stabilize themselves and grow similar to other online retailers in
the country.