Living Social

Here's an interesting little social media site I came across today. Here's how it works:

1. LivingSocial sends you a daily deal for Toronto, for a restaurant, a spa, or event or whatever.

2. If you're interested in the deal, you buy it, like say X% off XYZ Spa services

3. Recommend the deal to your friends and if 3 of them buy it using the personal link that livingsocial gives you then yours is free

This service will depend heavily on the quality of deals they offer. 5% off menu prices at a mediocre restaurant will not thrill me. I made that mistake when I got all enthused about Book Mooch and only found out later on that a) they never have the books I want and b) the price of mailing a book anywhere is more expensive than what I'd pay for it in the bookstore.

I just joined so we'll see how it goes. Apparently the will send me a deal a day.