May 22, 2010
Resale Value for New Apparel Gift Cards
GiftCardNexus.com recently posted data on gift card resale value and metrics for American Apparel, Janie and Jack, Juicy Couture, and Justice (Just for Girls). The transactional volume for these gift cards are averaging between eight to nine transactions per month on eBay for each brand, which is much lower than the more popular brands, like Gap and Abercrombie & Fitch. However, the resale value of these gift cards are inline with other apparel gift cards ranging form 85% to 90%.
However, Juicy Couture resale value is fairly low at 62%. Continue reading…
Comment now » | Filed under: Apparel
April 19, 2010
Facebook Gift Card Scam, 28 Days Later
Last month, we investigated how an iTunes gift card scam operates on Facebook and concluded that the scam can easily be perpetuated with other gift card brands. Sadly, this type of scam has spread like a fast moving viral outbreak in less than a month. Based on our unscientific polling of Google search results for “facebook gift card scam”, there were 283,000 results for March compared to 665,000 results for April. This is a two fold increase and more are people becoming aware of the scam.
IKEA and Whole Foods gift cards Continue reading…
Comment now » | Filed under: Scams
March 8, 2010
Get Free iTunes or Starbucks Gift Card on Facebook
Got your attention? If this peeked your interest, then you are not alone.
Thousands of users have become unwitting victims of “free” scams that are pervasive throughout Facebook. Essentially, a “free” scam is an offer by the solicitor to award a free prize, usually something very desirable, in exchange for some mundane tasks, such as filling out a survey. What ends up happening is that the victim is mislead to signing up for a service or product that they don’t want, paying for exorbitant shipping and handling fees, agreeing to spam mail offering, or a combination of all of the above. While the “free” scam is not new, it has found success on Facebook by leveraging the social community to perpetuate itself. Continue reading…
Readers' Comment (4) | Filed under: Scams
February 23, 2010
Chase Ultimate Rewards: Dinner and Movie Gift Card Deal
If you have a Chase Ultimate Rewards credit card, then you are in luck. When you redeem points for a $25 restaurant gift card, you will receive a free $10 movie gift card. Simply put, Chase is giving you an additional 40% bonus on your redemption. Offer is only good till March 15, 2010, so hurry up or you’ll miss out on this offer. Pick from any of the following dining gift cards, Applebee’s, Brinker (Chili’s), Darden (Olive Garden), Outback, or Friday’s.
Some disclaimers about the deal: Continue reading…
Comment now » | Filed under: Deals
June 11, 2009
Redesigned GiftCardNexus.com Website
GiftCardNexus.com now has a new look. More importantly than a fresh new look is the improved capability and wealth of resource available to the readers. Readers can now share and contribute their own content. Aggregated gift card resale value is still available with a repository of historical resale graphs.
Check it out today and let us know what you think.
Continue reading…
Readers' Comment (1) | Filed under: Editorial
February 10, 2008
Coverage Initiated on PGA Tour Superstore Gift Cards
PGA Tour Superstore, a golf themed retail store affiliated with the PGA TOUR and operated and owned by Golf & Tennis Pro Shop, Inc. (GTPS), has ten retail locations throughout Georgia, South Carolina, Texas, and Arizona. The stores offer high tech golf swing analyzers for training and simulators for customers to try out equipments. In addition, some store location have indoor tennis courts.
Initial data on transactions of PGA Tour Superstore gift card, also referred to as “Gimme Cards”, on eBay indicates that 45 gift cards were sold over the past 150 days with a median resale value of 74% and an average resale value of 72%. The most common PGA Tour Superstore gift card denomination sold was $25. Continue reading…
Comment now » | Filed under: Sports & Outdoors
February 8, 2008
Walmart Gift Cards as a Barometer of the Economy?
Yesterday, Wal-Mart announced that their same-store sales rose only 0.5 percent in January, significantly lower than the expectation of a 2.0 percent increase. However, what was more surprising was that Walmart attributed the poor sales performance to poor gift card redemption. Specifically, consumers were spending gift cards on basic staple items, such as groceries and diapers, instead of on discretionary items, such as on electronics and DVDs.
The question is whether consumers’ gift card spending behavior is indicative of the economy’s poor health. Unfortunately, this could possibly be a such sign. Continue reading…
Readers' Comment (1) | Filed under: Trends
