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Group buying, but with a 1 in 5 chance to get your order for free

April 29, 2013 by New-Startups Team

Last Updated on April 29, 2013 by New-Startups Team

Cazimo is a new twist on group buying. The site offers daily group deals of up to 5 buyers with a special something and what everyone wants. One out of the five buyers gets it free. While others pay the price tag and get their order. For the first time in your life you’ll get a great chance not to pay for products, brands and services you love.

cazimo

Unlike other group buying sites, the random free purchase opportunity lets merchants not have to entice new customers with 50 – 70% discounts. The Cazimo shopping experience will also work fine with 20 – 25% discounts. The two significant differences, in addition to the raffle element, with the new shopping thrill are that buying opportunities are limited to small groups of 5 buyers and rapid deals. Deals could end immediately when the group is completed. You could never know if another group will be open, or if that was the last group and missed your chance. Being updated on new group buys will be a must to see, eat and shop free of charge.

“Groupon is an international company (and brand), so they must be doing something right” says co-founder Liron Gonen. “Still, like most of Groupon’s critics we think that there is a problem with their business model. It doesn’t make sense for the long run and customer loyalty. The Trend is dying and it’s in the human nature to pursue the next thrill.”

You need to have a little bit of luck to get the free deal, much like the brand name suggests, there’s a little casino effect to the new shopping experience. But unlike any casino, just because you don’t get the free one, you don’t lose. You still get the product you wanted at a discounted price, leaving everyone a winner. Liron goes on to tell us “Our invention is based on behavioral economics research, personal insights and past failures. For example we know that there are a lot of consumers who would prefer 1 to 5 chances to get free product above 20% discounts.”

Cazimo hasn’t launched yet, but you can request an invite to join the chance to get what you want for free by visiting their website. If you had the chance to get 40% off on a group buying site or have a 1 in 5 chance to win for free with a smaller discount if you don’t win which would you choose?

Filed Under: Startup Reviews

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