Reasons Why Shoppers Should Buy and Sell Deals Right Away

Because of the appeal and upfront savings provided by daily deals, many shoppers tend to purchase more coupons than they will be able to use. As a result, most of them experience buyer’s remorse when they can’t redeem their vouchers. Fortunately, they can buy and sell deals from secondary marketplaces online; but if they decide to do this, they need to make sure to do so right away. auto delovi

Many shoppers go to “deal of the day” sites to purchase coupons they believe they can use before the expiration date. However, certain circumstances such as unavailability of preferred dates for hotel or resort accommodations or sudden important events that conflict with the scheduled coupon redemption may not allow a shopper to redeem all his deals. According to a study by Rice University in 2011, nearly 22% of purchased deals from group buying sites such as Groupon and LivingSocial go unredeemed.

To avoid wasting money, shoppers should resell their unused deals as soon as they realize that they cannot redeem them. Aside from making sure they are resold before the offer expires, it’s also important to remember that some unwanted deals may take time to resell.

An industry study conducted in 2011 reveals a list of deal types and the average time it takes to resell them:

Fitness – 16.8 days
Hotel and travel – 16.3 days
Activities – 14.7 days
Automotive – 11.3 days
Health and beauty – 10.9 days
Home – 7.8 days
Food and drink – 7.4 days
Shopping – 5.3 days
Pet – 1 day
Most shoppers look for buyers in their family or group of friends when reselling their deals. But widening their market reach is the best solution for unwanted vouchers; especially since they may not be able to find someone they know who wants to purchase their coupons all the time. Fortunately, secondary marketplaces online provide a “cure” for buyer’s remorse by providing sellers access to plenty of potential deal buyers.

To sell their unwanted coupons, resellers simply have to give the original link or URL of the deal. Some secondary marketplaces online can even make a price offer in seconds with accurate calculations based on complex algorithms in relation to demand, expiration dates, coupon type, and other factors.

After providing the URL resellers need to upload the PDF of the voucher and enter their PayPal information to receive the payment right away. These steps can be completed quickly, without even having to directly deal with the buyer.