Tired of getting offers for daily deals that have nothing to do with your real life? Now shoppers can join forces and create their own wish list of money-saving deals.

Launching Tuesday, Chicago-based oBaz (short for online bazar) gives consumers a way to name their own deals. The new marketplace reverses the standard operating procedure for businesses, which often use promotions -- including special offers through Groupon or LivingSocial -- to get new customers in the door or to move seasonal merchandise.

Putting Buyers in the Driver's Seat

With oBaz, promotions filter from the bottom up: A group of moms can rally together for discounted baby gear, for example, or students can band together to get a deal on test-prep courses.

When 25 people or more join a prospective offer, oBaz's team of hagglers get to work to seal a deal for the group. Integration with social-media sites, such as Facebook and Twitter, make it easy to build a group. Once an offer is inked, it's available exclusively to the group members, which receive an email about the deal.

"OBaz is entirely buyer-driven. We're here to help you find what you're looking for, not just push what today's advertiser is offering," co-founder and CEO Brian Ficho says. " It's in our best interests [to get good deals]. The better products we get, the better redemption rates we have."

Venture-capital group LightBank, created by Groupon co-founders, apparently sees the site's potential. OBaz received seed funding from the group in June 2011.

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dailydealtime

We are pleased to announce the launch of new discount shopping website i.e. www.dailydealtime.com to describe the best deal sites,daily shopping deals and best online deals.

August 17 2011 at 2:42 AM Report abuse rate up rate down Reply
bw464

A few years back, American consumers discovered to their horror that fur collars on made-in-China coats purchased in US stores were made from the fur of cats and dogs

August 10 2011 at 11:10 AM Report abuse rate up rate down Reply
Teambondinghq

I think it's great as a concept but you are asking a business for a discount for a number of buyers who you asked to want it, not commit to it. So I am a business and you come to me to haggle because you have 100 people who want to buy my product and I agree to a 25% discount and 34 people buy it. Doesn't seem right. I think you need to get the buyers to commit so you really have something to haggle about.

August 10 2011 at 8:23 AM Report abuse rate up rate down Reply
Kisha Mille

I just found a place called "Printapon" where I can get my fav. restaurant coupon for 90% off!! all you have to do is just print and take it.

August 10 2011 at 3:48 AM Report abuse rate up rate down Reply
frank1946

About time, buyers can open alot of Doors, I like it !

Really nice for online stuff.......................will try oBaz on Thursday !

August 10 2011 at 12:36 AM Report abuse rate up rate down Reply