I'm not sure I see the business opportunity here. For one, the Groupon business model has been universally panned here on HN. Furthermore, the grocery business is a notoriously low margin business (both for the stores and the brands). Even for the higher margin items in a grocery store, very few items are really unique. Most products in the grocery store compete either on branding or on price. Since group buying appeals to the price conscious consumers, the are unlikely to remain loyal when they have to buy your product at normal price.<p>Finally, coupons for items you buy in the grocery store are wide spread and been around for decades. One of the revolutions of Groupon was being a coupon distribution channel to get coupons to places you normally wouldn't.
I am currently part of a scheme to buy groceries wholesale with 38 people. I eat for a week for $30. We are expanding, it is all voluntary. There is a potential here for a startup that simply wants to connect people to partake in such a scheme. I have found people knowing about it is sufficient for participation.
The best way to save money on your groceries is to write a list before you go and then only buy from that list. My wife and I plan our meals for the week, write the list of what ingredients we need and then we only buy what's on the list.<p>I will only go off-list if there are items on offer which I would normally buy anyway, but it makes sense to do. In the UK, we have plenty of 'Buy one, get one free' or '3 for 2' offers. So for example if toilet roll, sauces, pasta or rice have a good offer on, I will buy them, saves a bit of money and saves buying next time.<p>Write a list and only buy the list. It will save time and money
I can't see the deal without subscribing (and it's not available in my country, so I won't subscribe to wreck their data purity) but from the price described, I'm assuming it's one product?<p>I read (<a href="http://m.news.com.au/ITNewsTopStories/pg/0/fi792074.htm" rel="nofollow">http://m.news.com.au/ITNewsTopStories/pg/0/fi792074.htm</a>) that a major retailer here in Australia was investing in their own online business based predominantly around bulk purchases of non-perishables (soap, detergent, toothpaste, etc). However now visiting what I think is the site in question (<a href="http://www.harveynormanbigbuys.com.au" rel="nofollow">http://www.harveynormanbigbuys.com.au</a>) shows too many options and a lot of junk.<p>I still think a site doing only household non-perishables at a significant discount would fare well.
Super-duper smart idea. Who's going to go to the supermarket for just a $3 tub of yogurt? Supermarkets use loss leaders to get customers in the door all the time. This gives them better reach and awesome analytics.