Online discount retailer VoucherWOW enters India
27 Dec 2010
Singapore-based VoucherWOW today launched its discount site VoucherWOW in India offering daily bargains of as much as 90 per cent on a range of products and services ranging from retail and dining to wellness and leisure.
The brainchild of former UBS and Merrill Lynch finance executive Alice Wong, launched in Singapore in May 2010, VoucherWOW uses the power of group buying to provide deals to consumers and businesses.
Customers get the deal of the day if a minimum number of people sign up for deals offered by businesses, which are for a specific time frame ranging from 24 to 72 hours, and only if there is a minimum demand for the deal.
''By guaranteeing a certain volume of clients for businesses, VoucherWOW can offer its customers the best deal there is'' said Sindoo Gala, director at VoucherWOW India. ''We leverage the power of group buying to provide a win-win situation for buyers and sellers.''
VoucherWOW said that upcoming deals will offer discounts at up to 90 per cent off on restaurants, massages, beauty products, nightlife, fitness and other fun activities.
The e-commerce site plans to later expand its operations into other cities in India.