CityPockets - Your Personal Daily Deal Wallet

"New York-based CityPockets is expanding into one of the biggest trends in daily deals by acquiring DealBurner, which sends a text message to users when a deal is located nearby."

"The startup is announcing today that it has closed a $735K seed round, led by Great Oaks Venture Capital, which has invested in sites like StubHub, Cardpool, OkCupid, etc. CityPockets finds an end-around the “breakage problem” that irks many local vendors — and the startup is clearly adding value and usability in a space that suffers from the opposite. The site is attractive, usable, and cuts through the fluff. I’m excited to see what the future holds for CityPockets; I’m going long on ‘em."

"CityPockets puts your coupons in one place for easy access, while notifying you before they expire."

"It’s still early days for the daily deals market, but if it can survive and thrive, it won’t just be Groupon or Living Social that win out. Companies like CityPockets can also succeed by bringing some order, utility and mobility to this fast-growing market."

"The space to manage these deals, which are in essence a form of currency, is changing fast. One newly updated service, CityPockets, puts more of the pieces together than many, if not all, of its competitors."

"Watching expiration dates is becoming a major hassle with daily deal sites like Groupon, Living Social and more than 500 others in the U.S. Fortunately, CityPockets offer a free Web services or what I call a "dashboard" that can keep track of everything without you having to go to each institution's website nor remember all of those logins and passwords."

"Just in time for the last week of National Coupon Month (who knew?), here’s a comprehensive set of graphical data gathered from the users of CityPockets, a secondary daily deals marketplace whose digital wallet helps you consolidate all those vouchers and daily deals."

"In order to keep up with the industry's growth, CityPockets keeps improving upon its mobile app, with the latest news released Monday. Now, besides letting daily deal enthusiasts organize their offers and redeem them on the go, the app essentially turns into an active marketplace by allowing users to sell or buy deals on the secondary market as they travel around town based upon their location and category of deal sought."

"CityPockets app helps you organize, track, purchase, gift and sell all your online coupons."

"Companies like CityPockets help you organize your deals, alerting you to when they're about to go kaput and let you sell the deals to others, if you've got buyer's remorse."

"The site automatically imports all your daily deal vouchers from the various deal sites so you can keep track of them in one place. City Pockets also sends you email updates reminding you when your deals expire so you don’t miss out on the savings."

"The wallet helps users organize and keep track of their deals, so they're less likely to forget about them, and the secondary market allows them to dump ones they won't use. These are strategies that can help recover some of the value lost from daily deal breakage, and CityPockets says that 25% of deals that are re-sold still make a profit."

"[Groupon's] goal is to make Groupon feel "too good to be true" from beginning to end," and frankly CityPockets succeeds in bringing an entire industry under that mantra.""

"Overall, both the categories feature and the way it sorts the deals by date is a major win."

"... Parker says she's a fan of CityPockets.com, which also keeps track of all your deals from various deal sites, and lets you know what item was sold when a buyer's money goes to your PayPal account."

"... the secondary daily deal market allows consumers to buy and use vouchers more like traditional coupons and supports the more instantaneous redemption consumers are moving towards."

"Groupon, Living Social, Amazon, Yelp, Gilt City& There are so many daily deal offers it's hard not to feel bombarded. But then again, you don't want to miss out on the bargains, so what do you do? CEO and co-founder Cheryl Yeoh explains how Citypockets works as 'your personal daily deal wallet.'"

"As many as 20% of vouchers expire before they can be used, adding up to a whopping $1.2 billion in wasted stabs at a discount. But like the unwanted gift cards to Waffle Hut and Nothin' But Sconces, secondary deal sites -- like CityPockets -- allow unhappy customers to resell their vouchers to others. Yes, you may not get the full value, but 41% of those who try break even, and 25% make a profit!"

"Citypockets.com is a free service that keeps track of a buyer's vouchers and sends reminders before the vouchers expire."

"[CityPockets] it’s basically the super-wallet you never thought would exist."

"The website automatically imports purchased vouchers from multiple sites and then sends out e-mail reminders when a deal is about to expire."

"All you need to do is quickly log in to CityPockets to print out your coupon when you’re dashing out of the house. Using this web tool is so much more convenient than logging into various daily deal sites, trying to figure out where you bought the coupon. And if you’re not planning on using the coupon, you can even resell it in the marketplace."

"I would recommend CityPockets to anybody who shops on daily deal sites. It's a useful tool that is very clean and easy to use. After discovering this product, my daily deal shopping confidence was restored; I was able to efficiently organize and store my deal vouchers without the fear of them expiring."

"CityPockets may be one more competitor in what is already an over-crowded consumer deals space, but the growth from niche tool to full-service company remains an effective entrant into a competitive market."