I have seen the site www.peoplebidding.com, its a reverse auction that gives the customer the power to pay what they want for all types of things. Basically, you get to post ads on their site and name the price you would be willing to pay, among other things. I saw them at a tradeshow not too long ago. You guys didn't do too much research because there is a company that allows you to make your own coupon deals, now you know :-)

You can't create your own coupons for website as they arent approved by the manufacture.

On the contrary, you can... I just replied about a similar post a few minutes ago about creating your own custom coupon deals in Illinois. The site is www.peoplebidding.com and not only does it allow you to make your own custom coupon deals, it also allows you to pay what you want for contractors and other services. Check it out if you don't believe me, I think this website is going to be huge! I used to use other online coupon sites but I got tired of waiting for the coupon deal I wanted to make it into my area. Plus, with the other online coupon sites, I would have to pay the amount they negotiated with the business. I can decide the price I want to pay, the distance I want to travel, and I can even decide the expiration date of my own coupon, how great is that!

Unfortunately, you cannot create your own coupon deals without a manufacturer's approval. However, with the right documentation, you may be able to create your own coupon website. See http://www.ehow.com/how_5576558_start-coupon-website.html.