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What It's About
Selling unused gift cards seems like a no brainer. But is there more to it?
Notes from Chris
Episode 1217
Welcome to a new month! Today’s listener is thinking about buying and reselling unused gift cards. It sounds like an interesting idea, but is he missing something obvious? Oh, and let this be a reminder that something you can do to support small businesses during a difficult time is to purchase gift cards. This helps them out with cash flow, one of the main reasons why some of them go out of business. Just don’t be like me and buy gift cards but then forget to use them. Or maybe I just need to sell them to this guy?"I have an idea to go door to door buying unused gift cards and then reselling them. At first I was thinking of making this as a school fundraiser for my son, but now thinking that it could be more. What do you think? Am I missing something obvious?"Listen to today's episode to learn more...
SEE ALSO:
- Sneaker Fan Flips Shoes For $1,000 A Month: A trip to the mall at age 10 turns into a long-term hustle buying and reselling popular sneakers.
- Flipping 101: The College Textbook Edition: A college student with a new family to support reads between the lines and turns a $20 used textbook into almost $70,000 within two years. This episode will flip your lid!
- Stylish Clothes Reseller Becomes Fashion Consultant: A broke college student learns to buy and resell designer clothes, then transitions the business into a high-end fashion consultancy. He now earns six figures annually!