A Deal is a Deal: Groupon Launches New Best Price Guarantee
November 21 2022 - 9:04AM
Business Wire
Shoppers are guaranteed the best prices on
local experiences and services this holiday season and beyond
Groupon has launched a new Best Price Guarantee––giving shoppers
the assurance they’re getting the best available price when they
buy experiences and services this holiday season and beyond. If a
customer finds a lower price on an eligible deal they’ve purchased,
Groupon will refund the customer 100% of the price difference.
AND to give customers even more
confidence in their pricing, Groupon will provide them with an
additional 25% of the price difference in Groupon Bucks that they
can use on a future purchase.
The launch of Groupon’s Best Price Guarantee comes at a time
when 63% of consumers surveyed by Groupon said they’re worried
about inflation heading into the holidays. But despite concerns
about the rising prices of gifts, eight out of 10 said they plan to
buy the same amount for their family and friends this year.
Groupon's Best Price Guarantee means that consumers won’t need to
shop around and they can trust Groupon to have the best prices.
“We want to be seen as a trusted destination for value-conscious
shoppers who care about price. So this means that when we say
something is a deal, we mean it – every single time you come to our
marketplace!,” said Groupon’s Chief Revenue Officer Simon Goodall.
“With inflation near record highs and consumers paying more for
just about everything, we’re doing everything we can to make sure
we give our customers the best deals from local merchants. We have
made a lot of improvements to our customer experience this year and
this is just one of the many ways we’re making shopping on Groupon
more delightful this holiday shopping season and beyond.”
While Groupon is standing behind its pricing, the company
doesn’t believe many shoppers will need to use the Best Price
Guarantee. Earlier this year, Groupon put a process in place in
North America to improve its ability to monitor pricing and
routinely works with merchants to help ensure their deal pricing is
the best price available.
“Our customers can continue to shop with confidence and find all
of the experiences that they love. Over the past five years,
customers have purchased more than 750,000 trampoline park visits,
more than 700,000 trips to museums and amusement parks, and over
500,000 massages – all in the month of December. With our Best
Price Guarantee, consumers can stress less and focus more on making
memories during the holidays,” said Goodall.
To view everything Groupon has to offer this holiday season,
visit the Groupon Gift Shop or download the Groupon app.
For more information on how Groupon’s Best Price Guarantee works
and a full list of terms and conditions, please visit
https://www.groupon.com/landing/best-price-guarantee.
About Groupon
Groupon (NASDAQ: GRPN) is a trusted local marketplace where
consumers go to buy services and experiences that make life more
interesting and deliver boundless value. To find out more about
Groupon, please visit press.groupon.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20221121005548/en/
Groupon Nick Halliwell Press@groupon.com
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