Plastic Jungle Sees Traffic to Sell Gift Cards in January More than Double
At Plastic Jungle, we are laser focused on helping shoppers get the most from their gift cards through our innovative, convenient, and safe gift card exchange. We want to provide the biggest savings with discounted gift cards and pay top dollar for your unwanted gift cards. In short, we hope to help you save money in a whole new way.
With an estimated $30 billion of unredeemed gift cards out there, it seems this idea is catching on! In our recent Jungle Update, we reported seeing a 250% increase in unique visitors selling gift cards since Christmas. And the average PJ sale generated $85 for the gift card holder.
Did you receive a gift card for a restaurant not close enough to dine in? Or a home goods store out of your price range? Maybe you returned a gift and received a store merchandise credit? We’re here for you! We will buy your unwanted gift cards for up to 90% of the unused balance (the price is driven by a variety of factors, primarily the brand of the card). Trade in for an Amazon.com Gift Card and receive even more. Or start 2010 off with a good deed, and donate your gift card to charity.
WalletPop summarized why gift card trade is so hot, “For the sellers, it’s obvious: They get a quick hit of cash in their pocket, even if they take a loss on the value of the card…. some sellers liquidate their gift cards to pay off holiday debts. After all, you can’t pay a MasterCard bill with a Starbucks card.”
Leading into the holiday, the increase in average daily unique visitors interested in buying discounted gift cards was also up 180%. And the average PJ purchased saved our buyers $10. If you were one of those savvy shoppers, did you combine that with other coupons, sales, or promotions to save even more?
The most coveted this season were Macy’s Gift Cards, accounting for 10% of total holiday gift card purchases. Retailers rounding out the top ten were Walmart, Best Buy, Target, The Home Depot, Land’s End / Sears / Kmart, Lowe’s, Starbucks, FYE and Barnes & Noble.
View the complete complete Jungle Update press release and learn which states buy and sell gift cards the most.
And check back often for news on new gift cards in our inventory and even bigger discounts on select merchants!