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Friday, October 21, 2011

Gift Cards are Big Sellers on eBay

As of 2 minutes ago, there are almost 12,000 listings for Gift Cards on eBay.  Even though that number may be small compared to other types of listings, it is significant.  What is most impressive about this category is that almost all of them sell.

What many people do not realize is that more than half of Gift Cards sell for MORE than the listed value!   You would think someone buying a $50.00 Gift Card would most likely go directly to that Store or vender.  People would place bids on eBay only if they could get a D E A L.  The reality is that many of the popular Gift Cards like those to Department Stores, Online Sites, Restaurants and Grocery Stores sell for 5, 10 or 15% higher than the Cards value.

A good place to start is by selling any unused and unwanted Gift Cards you and your Family have laying around the house.  Then you can look for places on the Internet where you can buy other peoples Gift Cards at a discount.  Often Silent Auctions have bidding on Gift Cards and Certificates that go for much less than the actual value.   These can be one more easy source of profit for you to make on eBay.

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