Thursday, January 14, 2010

Saving.com

Coupons site Savings.com just got a redesign and a new board member: Mahalo CEO (and TechCrunch50 co-host) Jason Calacanis. “They’ve broken $10 million in revenue after just a couple of years,” says Calacanis, “and are crushing it in the deals space. Obviously this is a great place to be in a recession.”

The redesign is aimed at making the site more social for those virtual coupon clippers (hey, don’t laugh, we should all be trying to save more money these days) who want to just live to tell everyone they know about the great deals they found.

The site offers coupons from about 3,400 merchants, including the Gap, Restoration Hardware, and even the Amazon coupons. The site is basically a coupon search engine, organized by brands, stores, and shopping categories. The new design is much more social—as far as a coupon site can be social. Each deal can be voted up, commented on, or shared (via Twitter, Facebook, Digg, reddit, delicious, or email). And members can submit their own deals.

Amazon Hardcore members and get reputation points based on how many coupons they vote on, how many they add, and whether or not the ones they add become popular.

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