The challenge of gift card trading is two-fold: where exactly do you get discounted or free cards, and where do you find people to buy what you’re selling? If, however, he got the gift card for free, then he takes home the entire $45 in profit.
Here’s a comprehensive guide on how to buy and sell gift cards for profit. There's a lot to learn and plenty to take in. If you're new to this trading game, sit back and relax. The bottom line is that gift cards are here to stay, and aspiring money-makers can still take advantage of their popularity to make money flipping gift cards – one of the most lucrative side hustle ideas if you study how the market works. Offering a gift card from a store you know your friend loves has more impact than handing out hard cash, and is more convenient than having to purchase an item you're not so sure your friend will love. There's something undeniably attractive about getting gift cards at discounted rates.Īnd while consumers love them, retailers consider gift cards an integral part of their business as it pulls people into their stores and encourages them to make more purchases.ĭuring the holidays, gift cards serve as some of the most popular gifts. Millions of people still use gift cards for personal shopping every day, and it comes as no surprise. The gift card industry is estimated at $1 trillion in 2020 – that's massive money. Here's the only guide you'll need on how to buy and sell gift cards for profit. Gift card trading can be a very lucrative business, that is, if you know how to play your cards right.