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Jasmere.com is a deal-of-the-day website[1][2] with a format similar to Groupon.com.[3]

Jasmere sells merchandise from upscale[4] though lesser-known vendors.[5] It offers discounts of 50-70% off the regular retail prices.[6] E-mail alerts are sent daily stating that day's deal which lasts for 24 hours until the next deal starts.[7]

Jasmere was founded in 2009[8] in Silver Spring, Maryland[9] and has been featured in numerous local TV news segments.[10][11][12][13]

Pricing model[edit]

Jasmere has been noted for its “anti-auction” feature,[14] by which the price reduces as more people purchase the item[15][16][17] with all purchasers paying the final price.[18][19]