Everyone loves a bargain and everyone loves a new experience

So it’s no wonder then that the daily deals concept has become so successful across South Africa and globally, because it manages to combine the best of both worlds.

Every day a website will issue one or more new deals. Typically these deals range from a discount on a certain product; to fantastic services such a spa days, massages and beauty treatments; or special offers such as days out, hotel stays or the chance to sample the menu at a new restaurant. While some of these offers are available on a “buy now” basis, the majority are group buying deals – meaning they are only available if a certain number of people sign up for a deal.

So how does this work?

The idea is that if you see a deal that you like on one of these group buying websites you will register your interest by signing up for the deal. Each deal will require a certain number of participants before a set deadline – and if that number is reached then the deal is “on”. If not enough people sign up then the deal is cancelled and nobody is charged.

It therefore becomes in the consumer’s interest to promote the product by telling their friends or using social networking to ensure enough people sign up in time. This boosts the retailer by promoting its product or service in return for the often substantial discount it may be offering.

So with daily deals, there are winners all around.

However where 5hop5.co.za is so appealing is that it is able to collect deals from several group buying websites across South Africa all in one place. This means you don’t have to shop around to find these offers – they are available in one easy-to-use listing.