New Age Retailers

Consumers are more net savvier than ever before and are looking for discounts, promotional codes, coupons before making their purchase decisions. According to Google Retail, search for promo codes increased by 55% YOY compared to 2009. Below are some of the retailers who are taking advantage of this new trend.

1. http://www.slickdeals.net/ - This site helps users upload the best offers in town and thereby help each other. It helps consumers share knowledge on the deals and thereby help them in making better shopping deals
2. http://www.retailmenot.com/ - Lists information on the top coupons of the day. The site is pretty global with coupons listed from US, UK, Germany, Canada, India, Australia, France & Netherlands.
3. http://www.groupon.com/ - The site lists one great deal everyday. Retailers are benefited by having new customers, and customers are benefited by a good deal. The company works behind the scenes to ensure that the product advertised is good enough for consumers and it helps the retailers by ensuring that they have a minimum number of customers who can take advantage of the deal
4. http://www.woot.com/ - Similar to Groupon, whereas Groupon works at a local city level, woot is national.
5. http://www.pricewatch.com/ & http://www.pricegrabber.com/ - This site helps users compare prices and watch for good sales or discounts. Based on user criteria, this site gets the deals for those specifications. This is called online comparison shopping.
6. http://www.swoopo.com/ - Auction site but very similar to a lottery system but with a lot of user interaction that makes bidding interesting and keeps us on our toes. Beware you might be addicted.
7. http://www.bigdeal.com/ - A Bidding site, where customers bid for new electronic items, site similar to Swoopo
8. http://www.gilt.com/ - Invitation only site but anybody can get themselves invited. For people (men, woman and childrent) who are fashion conscious and want good bargains, this is the site to go.
9. http://www.retrevo.com/ - This is a site for electronic lovers. This is what the company has to say about the site “Retrevo uses artificial intelligence to analyze and visually summarize more than 50 million real-time data points from across the web to give shoppers the most comprehensive, unbiased, up-to-date product information they need to make smart, confident decisions about what to buy, when to buy, and where to buy.” But the biggest takeaway from this site is that we can determine the best value for us (in terms of specifications) for a given price range.
10. http://www.cowboom.com/ - A Best Buy company site, good deals for electronics goods, especially the daily deals.

If you guys come across any other interesting sites, please let me know.

Another site which has come to notice is

11. http://www.couponchief.com/ - The site is similar to retailmenot.com but one distinctive feature of this site is that it pays consumers to share links to coupons. Now who wouldn't like this. Also, liked their blog section, where it has posted deals for not so common retailers like Kaplan, Hobby Lobby, etc.