New Group Deal Site Offers A Very Unique Feature - Reserve A Deal for 1/2 Of The Deal Price

PRLog (Press Release) - Dec. 15, 2011 - In the midst of all the group deal sites that are popping up following the success of Groupon and Living Social, one company is standing out offering something truly unique and relevant for shoppers who are looking to save money on great deals.  Hot Group Deals (http://hotgroupdeals.com) has developed a patent pending reserve price option platform that allows shoppers the ability to secure a group deal on line for only half the amount of the discounted deal.  In a typical example of a group deal, a merchant would offer its goods or services at a discount of 50% or more.  An example would be $100 worth of goods or services offered for $50.00.  Shoppers would purchase the group deal voucher, show up at the merchant to collect their goods and services and are happy to save big money.  The merchant has the benefit of new customers finding and trying their goods or services.  The group deal company typically pays the merchant 50% of the group deal amount collected and pays the merchant their share in anywhere from 15 to 60 days after.

With Hot Group Deals' Reserve Price Option the shopper can actually reserve the group deal for 50% of the group deal price.  In the case example cited above, the shopper can grab the deal before it comes off the internet for $25 and pay the other $25 when they collect the goods or service from the merchant.  The benefit of this option is huge when you consider that the shopper does not have to tie up all of their funds before they collect their goods or services.  In addition, the merchant gets paid their share immediately upon redemption of the group deal voucher from the shopper without having to wait days to get paid from the group deal company.

Co-founder Rick Lozano of Hot Group Deals states, "This new patent pending technology platform  is going to revolutionize the group deal industry like nothing we've seen before.  The time has never been better for a new development in the group deal sector that offers so much benefit to the shopper and the merchant as well.  It is truly a win/win situation for all involved.  In addition, Hot Group Deals .com offers an affiliate program for those who wish to be part of our sales team that offers a very generous compensation plan.  We train regular people how to present our group deal business to merchants in a simple and effective method.  Their group of friends, family and associates can also be locked into a pay structure exclusive to the individual who represents us.  The potential for their financial growth in this amazing market is truly revolutionary and unprecedented."

Hot Group Deals  is located in 2569 McCabe Way, Irvine, CA 93065.  Media inquiries are accepted and our contact person is Mr. Gino Ferrare, Vice President of Sales and Marketing (805) 432-6072 * Email: gferrare@hotgroupdeals.com