Getting rid of unwanted daily deals

Fallen victim to the lure of tempting prices on items and events you have no interest in? Of course you have. Don't worry - digital coupon resellers are here to lighten your load.

We’ve all been there. You thought, sure, a discounted weekend at an alpaca farm would be fun. Or that you’d definitely be getting a full body wax within the next six to eight months – at 72 percent off, who wouldn’t?! We’ve all experienced buyer’s remorse, and there’s ample opportunity as our inboxes and phones continue to be assaulted by the barrage of daily deal sites we feel obligated to subscribe to.

But coupon resellers are here to relieve your guilt. As the popularity of Groupon, LivingSocial, and other discount sites grows, so too do their questionable offerings. Now with the help of these coupon auction sites, you can easily and affordably get rid of your poor choices and put the money back in your pocket.

Of course, keep in mind these sites also let you purchase deals you missed out on. If you just can’t help keep yourself from a good Groupon, you may shortly be in possession of half off face-painting lessons. So exercise some restraint and rid yourself of the discounts you never needed in the first place.

LifestaLifesta

Lifesta is probably the most well-known forum for unloading unwanted coupons. It’s most appealing quality is its inclusion of various daily deal sites: digital discounts from Groupon, LivingSocial, BuyWithMe, and over “60-70 others” are accepted for resale. Selling is extremely simple: Creating an account requires an e-mail address, password, and Amazon Payments registration (you can also choose to login using Facebook). You then simply need to supply the original URL of the coupon you’d like to sell. The site also doesn’t access your financial information, instead deferring entirely to Amazon Payments. Buying is even easier still: You go through a standard checkout process, where you can also view the deal on its original site and, of course, login via Facebook in place of creating a new account.

Cost: $0.99 plus eight percent of the sale price

DealsGoRoundDealsGoRound

DealsGoRound requires a little more information to list your unwanted coupons, but that should make anyone thinking of purchasing one feel a little safer. You need to first create an account (or login with Facebook), and then verify the e-mail address attached to your PayPal account. Add a URL and most of this site’s competitors would call it good. But not DealsGoRound! You’re required to title, choose a category, an asking price, and provide details like the fine print and info on the vendor offering the discount.

It’s more work than many other sites require, but that does lend it a certain air of authenticity. It also has an easy-to-navigate UI that plays off of Groupon’s own site design, so fans of the daily deal trend will feel right at home.

Cost: Free

CoupRecoupCoupRecoup

This site takes a very hands-off approach to the coupon resale market. CoupRecoup makes it abundantly clear that it is a marketplace for unused and unwanted daily deals – it’s not going to regulate buyer-seller terms. That said, the process of posting for sale items is literally three steps: Link to the deal, set your asking price, and provide an e-mail address (which isn’t published for buyers to see). Then you’re on your own. When it comes down to payment, the site will only advise its patrons on how the money should change hands: “We leave that up to the buyer and seller, but we recommend that the buyer uses PayPal to send the seller the money, at which time the seller will email the coupon’s PDF (or the coupon code) to the buyer.” Sounds a little lax to us, but seeing as you aren’t paying for the service you can’t expect too much security. It also takes digital coupons from all online vendors, but notes that things get “streamlined” for Groupon, Fresh Guide, LivingSocial, Social Buy, and Tippr.

Cost: Free

Dealigee Dealigee

This site is currently only available in New York, San Francisco, and Chicago – but if you’re in one these cities, read on. Dealigee also exclusively uses PayPal for exchanges, and lets sellers login with Facebook or create an account. Then you set your price and any other information, share the deal on Twitter and Facebook, and wait. That is, unless your deal doesn’t sell within 30 days…in that case, Dealigee shuts it down.

Dealigee says that you won’t be trapped into any unforeseen fees, but does note that PayPal could charge you for a transaction processing fee.

Cost: Free

craigslist and ebayCraigslist and eBay

Of course, if you want to go over the heads of designated resale sites and take matters into your own keyboard-bound hands, there are always the old standbys. Craigslist and eBay both yield plenty of results if you search for “Groupon” or “LivingSocial.” You’ll be hardpressed to find alternative daily deals sites, but you can retain more anonymity, and provided you already have an eBay account, save  yourself the trouble of signing up for yet another god-forsaken online account (Craiglist’s doesn’t require registration). Of course, such unburdened terms come with consequences – namely, scammers. Craigslist and eBay are rife with them and there’s no guarantee you won’t become a victim. That said, even those who have less than veteran status in the online shopping and selling game can probably spot a scam artist (“>>>GROUPON FOR 50% OFF MERCEDES! WILL SHIP VEHICLE TO YOU! PAY VIA MONEY WIRE!<<<”).

Cost: Free

Showing 10 comments

  1. xia300 at 8:59pm 17th March 2011 We’ve all experienced buyer’s remorse, and there’s ample opportunity as our inboxes and phones continue to be assaulted by the barrage of daily deal sites we feel obligated to subscribe to.cycling apparel http://www.outbackbikers.com/
  2. Christian Minnetian at 1:52pm 16th March 2011 The deal industry is trending more and more towards deal resellers and deal aggregators, rumor has it that http://www.thedealpit.com (the people's deal site) a one stop shop for deal seekers (buyers and sellers) will hit the market end of second quarter of 2011. A one stop shop style site is what we've been waiting for!
  3. Mitchell W. Callahan at 12:34pm 16th March 2011 For Canadians, I recommend http://www.dealsociety.ca . It's free and the site doesn't take 10% from you if you sell.
  4. scarlson22 at 7:16pm 10th March 2011 Very interesting business model...So now after I visit http://steals4all.com to get a list of all the daily NATIONAL Groupon deals, I can visit one of these sites and resell the deal if I don't want it...GREAT IDEA!!
  5. Jason Probert at 6:48pm 10th March 2011 These sites are great as a way for people to partially get back their investment. The psychology of the daily deal has proved to provide reliable business for these sites as when given a compressed timeframe to purchase a "deal" people often make irrational decisions as they don't think it through. We are creating a variation of the deal model where instead of having one daily deal we will have 100s of concurrent local offers that are available for a month or longer. This allows you to get the offers you want on your schedule. I invite anyone here to try out our beta, releasing in a few weeks, through this link http://bit.ly/hCMFPH
  6. Yael at 9:54am 10th March 2011 I'm Lifesta's CEO and wanted to thank everyone for the kind words about Lifesta. It's really great to hear that what we do helps people save money. If there's anything we can do to make your experience even better please don't hesitate to leave feedback on the site or email me: yael at lifesta.com.
  7. BrandonT at 7:44am 10th March 2011 Mindy, You are right. Lifesta is super. My wife and I have bought from them a few times and were very, very pleased. She saved a ton of money on restaurants and laser treatments. I saved on hotel nights for our trip. It was a great way to get what we missed on Groupon at an even lower price than they charged!!! WOOHOO!!! We love Lifesta !!!!!!!!!!!!
  8. Ivan Knuttmann at 6:54am 10th March 2011 Another site (that is better than a deal site) - www.freefu.com. They are a start-up and don't have content yet throughout the country, but the concept is that any business can advertise for free as long as they offer something for free. As a consumer it is free to search and use, so you don't have to spend any money upfront. Just find a great free offer and then pay the merchant at time of purchase.
  9. Mindy at 7:36am 10th March 2011 Forgot one thing. Lifesta GUARANTEES that you will purchase your gift certificate safely ! You buy it through them and they handle the whole transaction ! You don't have to do much at all. They do the work for you ! It's a win-win for buyer and seller. Have fun shopping ! :)
  10. Mindy at 6:30am 10th March 2011 I love Lifesta and coupRecoup !!! You can save SSSOOOO much money !! Their prices are usually less than Groupon or Living Social because the people selling their gift certificates often charge less than what they paid for them !!! Go to Lifesta and see what I mean !!! Put them on your favs so you can see what they post daily !
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