Wednesday, August 17, 2011

Not all Living Social and Groupon Deals are great deals


At first glance this may look like a great deal, especially if your a shopacholic and your bored at work.  You get 2 movie tickets to a brand new movie and $30 to spend at a East Village restaurant.  In Manhattan theater tickets will be on average $15 a pop.  So most people will think hey free dinner.  But if your an avid deal scourer; on average you can find two movie tickets for $10 even for new movies.  Like a month ago there was a Fadango deal where you get two movie tickets for $9; no date restrictions.

In terms of resturant, this is in the middle of no where East Village.  So you and companion will be doing a good amount of walking if you don't live by obscure subway line or taking a cab.  The deal is for dinner and if you look at Menu this place has average entree price of $20.  Even if you get something on the lesser Tapas Bar Menu, if you spend a minimum of $30 your tip will be $6.  So total minimum spent will be $36.  And considering that you can probably get 2 movie tickets for $10 if your savvy; your spending additional $26 to get a $30 meal where your committed to a restuarant you've never tried.  On top of the fact it says in the fine print you have to call and make reservations.

So not a great deal for savvy deal hunters. But if you're not a deal hunter and your gonna blow money on a new movie and dinner anyways you will save.

Hope this post reminds you that not all Living Social and Groupons are worth it and to always read the fine print.

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