In this economy consumers are being more conscientious of their spending habits.
Coupon sites are becoming more and more popular. Living in Los Angeles I know of four that I check regularly, Groupon being one of them. Groupon launched in November of 2008 and features daily deals for over 85 US cities. Most deals are at least 50% off, ranging from restaurants to clothing stores to different outdoor/indoor activities.

Here are some interesting facts about Groupon and their customers.

- Groupon has 9.1 million members
- They have sold over 8.9 million coupons
- 97% of the businesses that participate ask to be featured again
- 68% are between 18-34 years old
- 50% have a bachelor’s degree
- 49% are single
- 77% are women
- 75% have fill-time jobs
- 29% annual income is over $100,000

How many of you have used Groupon? What are your thoughts on coupon sites?