There are many sites out there today that offer subscribers deals on goods and services from certain companies. Sites such as Groupon, LivingSocial and more have made a profit on selling discounts, which are extremely popular especially in this rough economy. Now there is a new competitor looking to join the bandwagon, Facebook. Facebook is set to debut a new feature called Deals, in which users can share the deals they have found with one another. This feature will be debuting in 5 cities, and then expanding if it works successfully.
I think this is a great idea. So many people use the discount sites and Facebook, and now they will be integrated into one platform. Twitter has already started this type of situation, since many of the deal sites tweet their deals daily. And, while it may seem that Facebook's application may compete with these other sites, I think this will actually help these sites grow because people can post the deals they have found on them on Facebook. In addition, they can simply post deals they have found in stores or elsewhere. I applaud Facebook for trying to do something new with what they have, especially since they already have a large and growing fan base. This will be just one more reason people will come to love Facebook and social media in general.
What's your take? How successful do you think Facebook's Deal application will be?
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