The group discount/buy model offers a discount from a local vendor allowing you to sign up for the purchase if you’re interested.
If enough people show interest, the offer goes live and consumers can buy the coupon until the deadline is reached or it sells out.
Social buying websites have been popping up around the Middle East providing such services ever since the first of them GoNabIt launched in Dubai last year. Today we can count up to 15 & the number is rising.
Offerna.com is the first to launch in discount hungry Egypt beating the big players like Cobone.com & GoNabIt to the Middle East’s largest online population.
To get a better idea of the group buying scene in the Middle East check out our latest regional group buying head count here.
Hat tip to @TripleM.