Comments on: The Gift Card Minefield: How to Get Your Money’s Worth (Mint.com Infographic) http://www.plasticjungle.com/blog/2010/09/28/the-gift-card-minefield-how-to-get-your-moneys-worth-mint-com-infographic/?utm_source=rss&utm_medium=rss&utm_campaign=the-gift-card-minefield-how-to-get-your-moneys-worth-mint-com-infographic Inside Scoop on the Web's Largest Secured Gift Card Exchange Tue, 19 Oct 2010 19:54:45 +0000 hourly 1 http://wordpress.org/?v=3.3 By: KC http://www.plasticjungle.com/blog/2010/09/28/the-gift-card-minefield-how-to-get-your-moneys-worth-mint-com-infographic/comment-page-1/#comment-8620 KC Tue, 19 Oct 2010 19:48:42 +0000 http://www.plasticjungle.com/blog/?p=1670#comment-8620 You're correct, Peter... $30 billion in cumulative unredeemed gift cards out there (from this year and past years). Can you imagine what would happen if we were able to put that untapped resource back to use for both consumes and retailers?! Pretty powerful! You’re correct, Peter… $30 billion in cumulative unredeemed gift cards out there (from this year and past years).

Can you imagine what would happen if we were able to put that untapped resource back to use for both consumes and retailers?! Pretty powerful!

]]> By: Peter http://www.plasticjungle.com/blog/2010/09/28/the-gift-card-minefield-how-to-get-your-moneys-worth-mint-com-infographic/comment-page-1/#comment-8130 Peter Wed, 29 Sep 2010 03:13:27 +0000 http://www.plasticjungle.com/blog/?p=1670#comment-8130 It sounds like you are saying that $30 billion of the $87 billion spent on gift cards every year goes unspent. Is that what you really mean? Most conventional estimates pin the amount of breakage yearly at around 10% or $8.7 billion per year. Perhaps you meant $30 billion in cumulative unspent gift cards from the current and previous years, which sounds like a very good number to me. It sounds like you are saying that $30 billion of the $87 billion spent on gift cards every year goes unspent. Is that what you really mean? Most conventional estimates pin the amount of breakage yearly at around 10% or $8.7 billion per year.

Perhaps you meant $30 billion in cumulative unspent gift cards from the current and previous years, which sounds like a very good number to me.

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