You heard me.

Today, Loopt introduced a whole new kind of deal: u-Deals. This is going to blow your mind. Instead of letting the deals come to you, you create the deals. You’ll think of a deal you want at a favorite spot, request the deal, and Loopt will go to work and try to make it happen. Ready for the 3 simple steps? (Feel free to skip straight to the u-Deals video, which explains it all)

1.     Create it. Pick the place and customize the deal request (choose the photo, pick the discount amount and add a teeny tiny deal description).

2.     Make it happen. If the deal passes Loopt’s review, then the deal will be in play. Now it’s time to share. Share like the wind! (May we suggest texting, Tweeting, emailing and Facebooking?) Basically, the more people sign up for your deal, the better your odds are that it will pan out. This is where you put the “U” in u-Deals.

3.     Get it. Loopt contacts the business with the u-Deal details, and if the business approves, the deal is on. Everyone who committed will receive the deal, and some deals will remain open for a limited time for more folks to buy in.

 
If you remember, about a month ago we started bringing Groupon Now! deals into the Loopt app (and sending Deal Alerts to you when you’re near a deal). Now with u-Deals, Loopt is a go-to spot for a good deal — either for existing bargains, or deals you want to conjure up.

Deal-lovers can buy into u-Deals on their phone or on Loopt’s website. Right now, the ability to request the initial deal is a feature available on Android phones only. Worry not, iPhone users, if you can’t get your Android-touting friend to start a deal for you… this feature will be available soon on the iPhone.

u-Deals are currently available in the SF Bay Area, but will roll out across the U.S. Stay tuned.

This video explains it all. Meet Loopt u-Deals: