How To Make Money Online Selling Gift Cards?

[Jonaville1]

Selling gift card is a nice business seriously, in as much as you have the capital to start this type of business, you can make considerable amount of money from it, even though it needs allot of capital.

Apart from the fact that you need a capital, you must have the right people to sell it to. You know that it is not everybody that likes gift cards. You need to know your customers.

 

[Gandiba1]

Apart from the fact that you need a capital, you must have the right people to sell it to. You know that it is not everybody that likes gift cards. You need to know your customers.

That's the fact seriously, you have made a very good point here. Even though this is applicable to every other business out there, in as much as you want to start a business you need capital.

 

[Jonaville1]

That's the fact seriously, you have made a very good point here. Even though this is applicable to every other business out there, in as much as you want to start a business you need capital.

And it is very necessary to have the amount of capital that will be enough for your business so that you will not be running to get more money while attending to the business at the same time because it may not work out

 

[Immilash1]

Well I don't really know much about gift cards and how you can earn money from them, I heard people are earning a considerable amount of money from it but I have never given it a shot.

 

[Gandiba1]

And it is very necessary to have the amount of capital that will be enough for your business so that you will not be running to get more money while attending to the business at the same time because it may not work out

In as much as you want to make passive income in any business, it's very important that you should set aside huge amount of capital that can assist you run All the necessary requirements needed in the business.

 

[Jonaville1]

In as much as you want to make passive income in any business, it's very important that you should set aside huge amount of capital that can assist you run All the necessary requirements needed in the business.

Ans this is why it is very good to have a source of capital. If you begin to ask people how they want to go about making capital, a lot of them do not even know how to go about it

 

[Ononivami1]

Ans this is why it is very good to have a source of capital. If you begin to ask people how they want to go about making capital, a lot of them do not even know how to go about it

Before you can start making an attempt to invest in online adventure, you would need to find ways to raise capital from different sources such as a crowdfunding platform or taking loan from the bank.

 

[Jonaville1]

Before you can start making an attempt to invest in online adventure, you would need to find ways to raise capital from different sources such as a crowdfunding platform or taking loan from the bank.

Taking loan in the bank is one of the surest ways that you will get money but you also need to be very careful of the platforms or the kind of investment platform will deposit the money that you have borrowed

 

[Sotherefore]

Gift cards are issued by many businesses and companies. They belong to various brands and they are also used by many companies and offered by them to their customers. These gift cards usually have a value. But I am wondering if you can make money by selling gift cards or not?

I don't know the type of gift card business you are willing to engage into . There are people that buys gift cards from people probably at a lower price and sell it at a higher price. That is the only one I know but I am not certain about the ones that you have to buy gift card directly from companies for reselling purpose.

 

[Gandiba1]

Ans this is why it is very good to have a source of capital. If you begin to ask people how they want to go about making capital, a lot of them do not even know how to go about it

For sure. Exchanging of gift card is a business that brings profit within short time. But it's expected of you to keep huge amount of capital, before you venture into this type of business.

 

[Grant]

Sure some people can make money off of gift cards, but I don't see it being all that useful for the most part. Most of the time when someone sells a gift card, they tend to sell at a loss. The big reason why, is because these cards can't be used to take the money off, usually you have to use them at the company the card is printed for. So it's limited compared to actual cash money.

But there is money in it, how? I honestly don't know.

 

[Jonaville1]

At the same time, I know some people who only buy gift cards and help others to redeem it. They do not sell gift cards. That is what people around me do.

For sure. Exchanging of gift card is a business that brings profit within short time. But it's expected of you to keep huge amount of capital, before you venture into this type of business.

 

[Gandiba1]

At the same time, I know some people who only buy gift cards and help others to redeem it. They do not sell gift cards. That is what people around me do.

Wow this is so surprising, the people are really trying seriously, but for my own place mostly. People only exchange it it cash.
There are people who's work is to redeem the card only.

 

[Jonaville1]

Wow this is so surprising, the people are really trying seriously, but for my own place mostly. People only exchange it it cash.
There are people who's work is to redeem the card only.

The people who buy it here redeem the card for the people that they bought it from but they always make sure that the redeem the card first before they pay the person who sells it to them so that they will confirm if the card has been used or not.

 

[Gandiba1]

The people who buy it here redeem the card for the people that they bought it from but they always make sure that the redeem the card first before they pay the person who sells it to them so that they will confirm if the card has been used or not.

Yes that's the fact, I think that's how they do everywhere, in order to avoid instance like scam. You have to make sure the card has been redeemed first. I think that's how they usually do, isn't it.

 

[Good-Person]

Before you can start making an attempt to invest in online adventure, you would need to find ways to raise capital from different sources such as a crowdfunding platform or taking loan from the bank.

You must never invest money in online crowdfunding projects that are anonymous. This is because such kind of platforms could be a huge scam and you must avoid such kind of projects.

 

[Jonaville1]

Yes that's the fact, I think that's how they do everywhere, in order to avoid instance like scam. You have to make sure the card has been redeemed first. I think that's how they usually do, isn't it.

That is how they usually do it but there are some of those people who redeem the card and they will lie to their clients that the card has been redeemed whereas, it has not been redeemed.

 

[Potuse]

You must never invest money in online crowdfunding projects that are anonymous. This is because such kind of platforms could be a huge scam and you must avoid such kind of projects.

It is true that you need to be extra careful with crowdfunding platform most especially if they are demanding that you should pay certain amount of money . Online is filled with scams.

 

[eenya001]

You can make so much money from selling of gift cards, one way you can do this is by doing arbitrage, whereby you buy the gift card at a cheaper rate then resell it higher.

 

[Yohanna]

It is true that you can buy gift cards online and resell it to make reasonable amount of money or you buy from people who are interested to sell theirs to make money out of it.