with more and more Indians using internet for shopping there has been an increase in sites which provide for daily deals and discounts on products and services.

Over the past couple of months many websites have cropped up which provide amazing discounts bringing you the advantages of group buying.
Mydala, group2deal, buytheprice, wanamo, bindass bargain, snapdeal, 24hoursloot are some such sites which provide discounts on a variety of products and services daily. These sites provide one deal a day .

Products are shipped all across the city the prices are sometimes unbelieveable on these sites. As far as services are concerned prominent cities like Mumbai, delhi, pune and Bangalore are targeted. With variety of discounts on resorts, saloons, dining, movie tickets etc.

All these sites use social media and have a strong networking presence on all major networking sites built up by regular running of contests. These sites aim at spreading their daily deal info via social media and developing mailing list via their invite and earn credit features.
Most of these sites are desi versions of international deal a day sites like Woot and groupon among others. These sites also provide the option for buying their deals as a gift for a friend.

But this concept of using coupons and gifting vouchers is new to Indians and only time will say how successful these sites end up being