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Living Social offering 50 percent off Amazon gift card nationwide

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Living Social, one of the biggest competitors to Groupon and other daily deal couponing sites, is scoring big points today for a national deal offering a $20 Amazon.com gift card for $10. livingsocial

The company, which received a $175 million investment from Amazon in December, has already sold more than 354,000 of the deal in a little over 3 hours. At $10 a pop, that means Living Social has sold more than $3.5 million worth of the daily deal.

With more than 20 hours left to go, it’s probable that this deal will far exceed competitor Groupon’s recent nationwide deal with Gap. That deal, which offered $50 in Gap merchandise for $25, previously held a record of $11 million worth of coupons sold.

Will you buy/have you bought this deal? Let me know your thoughts. Or, if you want to send in your predictions for how many of these coupons will sell, I’d love to see how close we get to the actual number!


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