Wednesday, March 09, 2011

Market for ‘Groupon remorse’ allows users to unload coupons - The Boston Globe

More adventures in transaction cost optimization

Sites like DealsGoRound, CoupRecoup and Lifesta, which recently got $1 million in private funding, give consumers a place to sell those deals they couldn’t pass up but also couldn’t manage to use. All three were inspired by the founders’ own experiences, with deals they missed the first time around, or vouchers that expired.

As Kris Petersen, founder and chief executive of Chicago-based DealsGoRound, put it: “Who doesn’t want to take a Segway tour?’’ He doesn’t, as he learned after spending $160 on a tour for four people, and watching a summer elapse without finding the right moment.

Market for ‘Groupon remorse’ allows users to unload coupons - The Boston Globe

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