The premier daily deals
website HomeRun.com provides online subscribers with coupons for goods
and services in more than 30 major American cities, including San
Francisco, Atlanta, Washington, D.C., New York, Detroit, and Portland.
Utilizing an innovative social media strategy that provides users with
substantial savings, HomeRun.com bases its deals on the concept of group
buying. HomeRun.com offers users deals of 50 percent or more off the
retail price via a daily e-mail. Subscribers can secure the deal when a
predetermined number of HomeRun.com users declare their intent to
purchase the goods or services through the website. Once the number is
met, everyone achieves significant savings. In addition to offering
daily deals, HomeRun.com also offers its users a feature known as
“Avalanche.” An “Avalanche” provides an even greater reduction of the
daily deal price and continually declines as more people commit to
purchasing the merchant's product. In addition, unlike other competing
daily deals websites, those who commit to purchasing the product are
only charged the final and lowest price offered, not the price at which
they initially purchased the product. Besides offering users a
significant discount on citywide services pertaining to local eateries,
art studios, local shops, and other businesses, HomeRun.com also allows
its subscribers to earn credit and points for performing such activities
as inviting more users, participating in daily deals, and consistently
using HomeRun.com to purchase from nearby merchants.