The Real Deal Behind Deal Sites -- Savings Experiment

The Real Deal Behind Deal Sites
The Real Deal Behind Deal Sites

While it's true that people aren't exactly flocking to daily deal sites like they used to, you can still find some great discounts if you play it smart. Here are a few ways to get the best deals for your dollar.

First, consider the actual value of the deal you're getting. For example, a 50 percent off coupon at a local restaurant might seem tempting, but if the meals there are expensive to begin with, you might end up spending a lot more money than you intended. Remember, saving money on an overpriced item isn't really saving at all, so do some calculations first.

Next, keep in mind that an out-of-range deal doesn't always mean out-of-reach. A lot of so-called "local" deals, especially ones from larger chains, are actually available nationwide, so try searching for deals in other cities to cast a wider net. Just remember to read the fine print to check the terms and conditions so you know exactly what you're paying for and where it'll be available.

Lastly, if you're looking to save time, try using a deal aggregator for your bargain hunting. Sites like Yipit and 8Coupons collect thousands of daily deals from across the web, so you can view them all at once without sifting for hours. In addition to coupons from Amazon, Groupon and LivingSocial, these aggregators will even include deals from Facebook and Twitter, too.

It's easy to get carried away on daily deal sites, but it really pays to play it smart. Follow these tips and you'll be able to reel in the discounts, without getting your budget hooked.


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