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Exploring the Second-hand Daily Deals Market

Posted on 2.23.2011

There may be an option for anyone who has been following Groupon’s amazing growth the past two years but was afraid to test the market because of the scores of clone companies cluttering the daily deals space. Now there appears to be a new market for used daily deals. It is estimated that 15 percent of all daily deals coupons go unredeemed because the original buyers can’t use them before they expire, so a secondary market has emerged and it’s getting to be almost as hot as the primary market. Act quickly, though, because a slew of startups already abounds; including Dealigee, DealsGoRound, CoupRecoup and Lifesta, which recently secured $1 million in funding.

This is one item from the April 2011 issue Net Briefs department.

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