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Home Delivery. For coupon overreachers, a chance to recoup.
By Beth Teitell. E-mail this article. Sending your article. Your article has been sent. Single Page 1 2. Tweet Yahoo!
Buzz ShareThis. These folks all fell under the spell of the hottest craze in retailing. Groupon, LivingSocial, and hundreds of other sites like them send subscribers e-mails offering deep discounts on everything from facials to helicopter lessons to local restaurants. Estimates, and one small study, put redemption rates between 70 and 90 percent.
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A survey of retailers by Yipit, a site that aggregates deals from Groupon and other companies yes, there are that many , found redemption rates between 80 and 90 percent. Coupons go unused for a variety of reasons.
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Reselling vouchers is easy. The deal is listed on the site, and an interested buyer is redirected to PayPal. Once PayPal alerts DealsGoRound that the payment has gone through, DealsGoRound transfers ownership of the voucher to the buyer and ideally a new round of remorse does not set in. Perhaps the most painful aspect of the unused coupon is its self-inflicted nature, making it worse than an unused gift card, because at least in that scenario someone else is to blame.
But right now you have this deal that tells you that you can be that person next week. While they can no longer be redeemed for the promotional value, they are still worth the amount the buyer originally paid, said Jason Lefferts, director of communications at the Office of Consumer Affairs and Business Regulation. Identifies who I am. Loved the quality and fit.
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Very nice. Just didn't fit right. Asked for X large got large Disappointed. The shirt did not come as advertised.
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