Skeedka Inc.

Skeedka Inc.

May 26, 2011 19:30 ET

Toronto Based Company Launches - a dynamic and exciting daily deal marketplace that allows users to buy and sell unused daily deal vouchers

TORONTO, ONTARIO--(Marketwire - May 26, 2011) - Toronto based Company launches - a dynamic and exciting daily deal marketplace that allows users to buy and sell unused daily deal vouchers. gives users several options to buy and sell daily deals through a secure and user-friendly platform. Sellers can post deals for sale through auction style listings, sell them for a fixed price, or accept best offers. Buyers are given the opportunity to buy, bid on, or make offers for unused daily deals in their city.

The daily deal industry has grown exponentially in recent months, with Groupon already selling almost 50 million deal vouchers, and other large sites like LivingSocial not trailing very far behind. The way that people are deciding on what restaurants, spas, and night life to attend has changed. Consumers can now experience significant cost savings on almost any social event as a result of group buying and daily deal websites.

As many of the daily deals are offered at significant discounts, often up to 90%, many people end up making impulsive purchases, as they usually have only 24 hours to decide. offers Consumers who have purchased a deal, and will not use it, a gateway to sell their deal to a community of buyers that may be looking to purchase that very same deal with every intention of using it. has implemented various safeguards to ensure the safety of its users. All Sellers must go through a simple and easy identity validation process. The site requires sellers to provide their credit card number, in order to use tools such as Verified by Visa and MasterCard SecureCode to ensure that Sellers are who they say they are. As Sellers must provide legitimate personal information, they are significantly less likely to post used or fraudulent deal vouchers. Buyers send payment for purchases through PayPal, which offers various Buyer Protection features as well.

Sellers are required to upload a copy of the original deal voucher that they purchased, and agree to relinquish ownership of the voucher before they are able to post it for sale. The Website automatically sends the deal voucher to the buyer as soon as they send payment to the Seller. That way, both users are treated fairly, and neither one is kept waiting for either their voucher or their money.

When posting a deal for sale, users choose the type of listing style they want to use, and can select from many additional options, such as setting a reserve price for an auction style listing, and whether or not to accept offers for their deal. Deals can be sold for up to a maximum of 80% of the voucher value; this ensures that Buyers will always get a deal on any voucher they purchase.

Posting deals for sale is free; however, once a deal is sold the Seller is charged a small fee based on the final selling price of the deal. The pricing is based on a sliding scale in order to cover transaction and administrative costs for the Company. Sellers are billed on a monthly basis (should there be any fees owing). was designed to make the user experience as effortless as possible. A deal alert emailing system has been implemented in order to alert subscribing users when deals have been posted in their city. When users subscribe, they will receive an email letting them know when deals have been posted, and can choose to opt out of they wish.

A rewarding refer-a-friend program has also been implemented in order to encourage visitors to recommend the site to their friends. Various social media outlets, such as Facebook and Twitter have been integrated into the site to make referring friends easy. Users can simply click a "Share it" button, which is linked to their personal referral code, and automatically post the site link on their Facebook page for their friends to see and join. The referring user will be rewarded with points that are redeemable for cash whenever their friends buy or sell deals on the site. provides Buyers and Sellers of daily deals with many options for the exchange of their unused deal vouchers. Sellers have access to a community of Buyers that are looking for a great deal, while Buyers have access to an inventory of unused past deals that they would love to purchase and use.

Buy the deals you missed and sell the ones you won't use at

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