New Model In Group Buying Set to Shake Up Industry

REDVouchers.com Launches No Upfront Payment Model In Group Buying To Deliver Better Value To Both Consumers And Merchants.

REDVouchers (www.REDVouchers.com) is a collective discount website with a brand new model and looks set to revolutionise group buying industry - to start, consumers using REDVouchers do not have to make upfront payment to secure deals on the website.

Building on the principles of group buying, REDVouchers aims to help everyday Australians save by issuing deals which consumers can use, as long as a set number of people register for the deal.

REDVouchers will offer consumers varied experiences from dining, beauty services and leisure activities, for up to 90% discount without the need of upfront payment.

On this new model, Managing Director, Chloe Lim commented: "At REDVouchers, we believe that consumers should not pay in advance for deals until they have actually received the product or used the service. Once a minimum required number of users register their interest, businesses come on board and offer consumers deeply discounted deals. Consumers pay later and directly to the business when they are ready to use the service" Managing Director, Chloe Lim said.

" In addition, we believe this to be a better marketing medium for businesses. Businesses gain new customers through REDVouchers while maintaining strong cash flow as they collect payment from customers" Chloe Lim added.

Group buying has become very popular as it provides consumers an opportunity to purchase goods and services at a discounted rate through collective interests. Group buying has gained huge popularity in USA with growth of websites like Groupon and Living Social. Seatch engine leader Google and social media network Facebook have also entered into the foray. In 2011, Group buying websites have started to generate strong interest in Australia.

Taking group buying to the next level, REDVouchers looks set to further enhance benefits of group buying and delivers a stronger proposition to both consumers and businesses.

For more information and fantastic daily deals, visit www.REDVouchers.com

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For media information, please contact: Chloe Lim,
Tel: 1800 605 334 or Email: chloe@redvouchers.com

About REDVouchers.com

REDVouchers.com
P.O Box 20578
Sydney,
2002

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