Summary Box: A look at daily deal resale sites

AP News
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Posted: Jul 20, 2011 6:16 PM
Summary Box: A look at daily deal resale sites

THE RUNDOWN: An emerging resale market for daily deals lets consumers sell the coupons they no longer want from sites like Groupon and LivingSocial.

HOW IT WORKS: DealsGoRound.com and Lifesta.com don't charge sellers to list their unwanted coupons. But the sites take a small cut if the coupon is sold. Buyers aren't charged any fees.

THE MARKET: Daily deals have exploded in popularity in the past year. But an estimated 20 percent of the coupons go unused, according to Daily Deal Media.