I don’t know about you, but I HATE it when one of my Groupons expire. I realize that Groupon and other daily deals sites like Living Social allow you to use the cash you paid for the coupon for years after the expiration date, but it’s just annoying to do so, and who has time to keep track of all these expired Groupons?
What Is CoupRecoup?
CoupRecoup is a free website where you can buy and sell Groupons (both valid and expired). It’s kind of like a secondary market for Groupons. Honestly, I think it’s a great idea and a terrific resource for people to exchange their unused coupons.
Selling Groupons on CoupRecoup
If you have unused Groupons you can list them on CoupRecoup for free.
- Click on “Post a Deal” on the tab bar near the top right of the homepage.
- Click on “Easy” where you will be able to upload a .pdf or .jpeg of your Groupon, which will be delivered to you as soon as the buyer pays you through Paypal. Or just click here.
- Fill out the form including your name, the link to the deal, and your asking price.
- Upload the .pdf or .jpeg of your deal
- Wait for someone to buy and collect your funds!
Most of the Groupons you will find are still valid, usually for several months. If you are trolling for deals, especially steeply discounted Groupons, then CoupRecoup is a site where you can find some tremendous deals. In fact, if you consider the fact that Groupons are usually 50% off list price and then factor in another 50% discount by buying the coupon on CoupRecoup, you are looking at a potential 75% off savings. Wow!
I have purchased many Groupons through CoupRecoup and have had excellent results so far. Most of the coupons I have purchased were either for online retailers or for restaurants. As far as I can remember, I have only had one issue where the store refused to accept the Groupon. When that happened I simply emailed the seller and they quickly responded and asked if I wanted either another Groupon or a full refund. I actually did want the deal and asked for another Groupon and they actually ended up sending me a second one to apologize for the issue! Some of the Groupons I have purchased on CoupRecoup have been FTD, American Apparel, Core Fitness, Charles Tyrwhitt (this was an exceptionally good deal), and some local restaurants. The sellers seem to be honest people who purchased a deal and decided that they either couldn’t use the Groupon before it expired, or simply wanted to sell it on CoupRecoup instead of redeeming the coupon.
CoupRecoup is a great resource for people who purchased a Groupon and want to “Recoup” some of the money they spent on it, or for people who want to get even better deals than they otherwise would buying a coupon directly from Groupon. I have had success buying deals from CoupRecoup so far, and will continue to do so until I run into a problem. Take a try and let me know if you have success buying or selling daily deals on this site.