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|Slogan||Let's get it, together|
|Type of site||Electronic Commerce|
BuyWithMe is a group buying website allowing consumers to leverage group buying power to get large discounts with local merchants. The company is headquartered in Boston. Funding was obtained via a group of angel investors. BuyWithMe's first market was Boston, where restaurants including UFood Grill and Stone Hearth Pizza were initial customers. San Diego and Washington DC followed. As of October 2009, BuyWithMe serves 4 markets and has currently ~150k unique visitors per month according to compete.com. BuyWithMe's major competitors are Groupon and jasmere.com.
BuyWithMe introduces one new deal every day in each of the local markets it servers. The deal is mailed to all local BuyWithMe customers, made available on the company's website and distributed through a network of group buying media partnerships. The deal only completes if a minimum number of consumers sign up, therefore assuring the merchant a minimum return. The value proposition for a merchant is the ability to attract new customers with a one time offer that has minimal impact on its brand equity.
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Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (January 2010)
BuyWithMe received $5.5M funding from Matrix Partners, a top US venture firm, and from select angel investors. </ref>
- ↑ Michelle Levine "BuyWithMe.com announces Sweet Week in Boston" Examiner.com July 21, 2009 
- ↑ Donna Goodison "Dinner for 50? You’ve got a deal" Boston Herald May 29, 2009 
- ↑ FOX 5 DC "Money Monday" (July 6, 2009)
- ↑ Jenn Abelson "Shoppers of the world, unite" The Boston Globe June 14, 2009 
- ↑ Sam Oches "Coupon Companies Ditch Standard Format with Internet's Help" QSR Magazine August 6, 2009