Social couponing and the Sundance Kid
In my favorite film, Butch Cassidy and the Sundance Kid, there's a scene where the heroes step off a train at a rural town in Bolivia. Sundance takes a few steps into the plaza, and promptly steps into cow dung -- while Butch extols how much more they can buy with their stolen dollars and pesos. Sundance surveys the run-down plaza, looks at Butch, and says: "What could they have here that you'd possibly want to buy?" The scene comes to mind (minus the cow dung) every time I get an email from AmazonLocal, Groupon, or LivingSocial. Each of these online deal aggregators uses the power of social networking and deal-making with retailers to offer half-price deals to members. Call it social couponing. Ninety percent of these deals are things I would never, ever buy. Even after I've customized my Groupon settings. I've purchased one or two of these offers. The majority, however, are for goods or services I don't find valuable. Is this a $20 burger? O