Comments on: No More LivingSocial Remorse: Coupon-Trading Site CoupFlip Coming to D.C.

By: Jason

Jason — Tue, 31 Jul 2012 13:25:13 +0000

@Kate - Clearly you work for "CoupFlip" and that was a terrible plug for them. Personally I think the idea is ridiculous. First off you are counting on people to purchase a "deal" in which they are interested enough to buy in the first place, then hoping they don't redeem the voucher (which I'm sure usually happens only a week or so out from the actual validity date of the voucher. So just like craigslist "you're likely to get stuck with it never selling". Another thing that won't work is when the campaign requires the customer to be a "new customer only" in which case the person buying this "coupon of a coupon" won't be able to redeem it at the merchant and then have the cycle of contacting "coupflip" customer support (if they have this service) and then finding out they have to contact LivingSocial or Groupons customer service to receive original conditions based on the original voucher.

By: Don

Don — Fri, 27 Jul 2012 21:50:38 +0000

I'd love to know how LS thinks they're going to police that. If I was a business I'd swear up and down I checked that name against the credit card they used. Is LS going to start secret shopper testing their coupon sellers? Not bloody likely.

By: Will Sommer

Will Sommer — Fri, 27 Jul 2012 20:44:30 +0000

You're right, Tobin! Take a look at the update.

By: Tobin

Tobin — Fri, 27 Jul 2012 20:15:36 +0000

Your name is printed right on the Livingsocial coupons. All Livingsocial has to do is start requiring that vendors check ID when people redeem coupons, and Coupflip will be out of business. It's a pretty risky business model.

By: Kate

Kate — Fri, 27 Jul 2012 19:39:10 +0000

@SamuelMoore - If you look at CoupFlip.com it gives you an instant offer for your deal. Pretty cool. If you try to sell stuff on that other site (or craigslist) you're likely to get stuck with it never selling.

Definitely worth checking out http://www.CoupFlip.com if you won't end up using some of your deals. Also, nice if you missed something on Groupon or LivingSocial. Hope they come out with a mobile app soon. That would be really helpful.

By: @SamuelMoore

@SamuelMoore — Fri, 27 Jul 2012 19:21:37 +0000

How is this different than https://www.dealsgoround.com/ ?

By: RT

RT — Fri, 27 Jul 2012 17:29:01 +0000

I tend to agree with the guy. This is just a secondary market for a product they've already sold. It may increase redemption rates, which depending on your perspective and strategy could be good or bad for the individual businesses.