As Groupon struggles to find a new business model — they’ve learned there are no barriers to entry in marketing discounts, and that there’s limited appetite of businesses to pay to offer deep discounts to mooches (read: us) — one thing they’ve apparently hit on is restaurant reservations. (HT: S.)
Groupon’s new service is Reserve.
They offer reservations up to 30 days out, with limited availability at selected upscale restaurants in the following locations:
- Long Island
- Los Angeles
- New York City
- North Jersey
- San Francisco
- Washington DC
There’s no vouchers or pre-purchase, just make a reservation and save up to 40% (though most savings in the 20% or 25% traunch).
While it’s not as deep a restaurant pool as Opentable will offer, I’d definitely check here before making a booking to see if there’s a savings opportunity.
The nice thing as well is there don’t appear to be material restrictions, and the savings should be automatic — so while the discounts aren’t as huge as with, say, Restaurant.com gift certificates purchased at an 80% discount, it’s much simpler and more straightforward.
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