Welcome to Gift Card Reselling 101, the best way of getting started with gift card reselling!
We’re so glad you are with us!
Together, we’ll help you find out if gift card reselling is something you want to add to your travel rewards tool kit.
This course is completely free.
No sign ups required, no emails, nothing. We just want to help you find a more predictable way to meet your minimum spend without the risk of having your travel miles and points clawed back for violating your credit card’s terms and conditions.
If you use one of our referral links to sign up for a gift card marketplace or rewards portal that we discuss, that would be great!
If you don’t, that’s cool too – we just hope you find this course helpful.
Objective: By the time you finish this course, you will have determined if gift card reselling is the way you want to meet some or all your credit card minimum spends. You will also learn which gift card reselling method best suits you.
Tip: Think of gift card reselling as a business, with a great perk. That perk is earning earn miles and points by buying and reselling merchant gift cards on sale. The cards are usually resold at a break-even price, but sometimes, a small profit is possible.
The key is making your money when you BUY the gift cards, which means we’re looking for big discounts on gift cards from brands that are popular, such as Nike, iTunes, Google Play, Chili’s, AMC Theaters, Gap Brands, and more.
How do I get started with this course?
There are two ways you can approach this course depending on your personality and learning preference.
- FastStart: Pick this single module, with three lessons, to get started ASAP. This version strips away the background knowledge and techniques needed for long term success. However, it can get you finding, buying, and reselling gift cards on marketplaces in a matter of days.You’ll get reselling info on both the marketplace and bulk buyers but without the added discussion found in the deep dive section. Note: When starting out with bulk buyers, the pace is a little slower because you need to apply and wait for a bulk buyer to accept you.
- DeepDive: This program, split over three modules, is for those who want the deep knowledge needed to succeed at gift card reselling such as how to:
- Build the resources to uncover good deals.
- Analyze if a gift card is worth buying.
- Stay organized if you start buying a lot of cards.
- Get the most out of reselling to a gift card marketplace or to a bulk buyer.
- Work around some common issues and challenges.
You will be able to access all four areas (Fast start market place/bulk buyers and Deep dive market place/bulk buyers) in any order that you choose. Or maybe you just want to focus on one. It’s up to you!
Don’t have a rebate portal or marketplace account yet? This cheat sheet has links to rebate portals and gift card marketplaces that we use ourselves, as well as a step-by-step guide to help you hit the ground running.
Need to review some terms? Hit up the Course Glossary.
FastStart: For those who can’t wait
Lesson 1: FastStart Marketplace
If you want to get started with gift card reselling as quickly as possible, this section is for you. This strips away the background knowledge and techniques needed for long term success, but can get you finding, buying, and then reselling gift cards on marketplaces in a matter of days.
Lesson 2: FastStart Bulk Buyer
This program shares many of the same sections as its marketplace counterpart, but the focus here is to get you reselling to a gift card bulk buyer as soon as possible. The pace is a little slower because you need to apply and wait for a bulk buyer to accept you.
Lesson 3: FastStart Cheat Sheet
If you are looking for a step-by-step guide to hit the ground running, this FastStart Cheat Sheet to gift card reselling was written for you.
DeepDive: Gift Card Reselling Basics
Lesson 1: What is Gift Card Reselling?
Objective: By the time you finish this course you will have determined if gift card reselling is for you and which of the two methods we cover is best for you.
DeepDive Bulk Buyer
Lesson 1: Working with bulk buyers – an introduction
Hi! This Norma. I’ll be taking you through this module, which is focused on reselling gift cards to bulk buyers.
Lesson 2: Finding the deals for bulk buyer resale
So you’re ready to get into gift card reselling and have decided to go with bulk buyers. How in the world do you find the deals? That’s the easy part. You don’t have to!
Lesson 3: Reselling Your Cards to Bulk Buyers
When it comes to bulk buyers, no “listing” per se is involved. You’re reselling your cards to the bulk buyer. They in turn sell your gift cards.
Lesson 1: Gift Card Marketplaces for Beginners
What are gift card marketplaces? In a nutshell, they are places where you go to offer up your gift cards for sale directly to potential buyers.
Lesson 2: Finding the best deals for marketplace resale
Okay, you’ve decided to take the plunge into reselling merchant gift cards, but how in the world do you find the best deals for marketplace resale? We’ve got some ideas!
Lesson 3: Analyzing your gift card opportunity
The research you put into each opportunity will determine whether it is worth buying in the first place. Then, the analysis will tell you what price to offer, so that you can turn a profit later. I’ve found the same to be true with reselling gift cards – except that researching the profitability of a gift card is much simpler and less like finding a needle in a haystack.
Lesson 4: Buying the best deal takes some planning
Deals often come up unexpectedly, but you still need to analyze them.
Lesson 5: Reselling Gift Cards On Marketplaces
There are generally two things to consider when you list your gift cards. The first is how quickly you want your money back, and the other is how much of a profit you want to make.
Next Steps and Resources
Lesson 1: Organizational tips for the disorganized
We’re just going to come right out and say it. The most likely way to lose money with gift card reselling is not some major catastrophic event like gift card codes getting hacked or a bulk buyer going out of business. It’s if you lose track of your cards once you start dealing with them in bulk. It doesn’t even matter if you are buying physical gift cards or e-gift cards.
Lesson 2: Avoiding sticky situations with gift card reselling
No one wants to lose money! That was the biggest concern we had going into gift card reselling as newbies. We wanted to avoid that and other sticky situations like: -Not having enough money to pay off our credit card bills. -Being stuck with a bunch of gift cards that love you so much, they refuse to be sold. We think you might have similar concerns as well, so let’s address some of the potential risks involved with gift card reselling, and how we’ve managed to mitigate these potential perils.
Lesson 3: Meet Your Coaches and Their Paths to Success
Your coaches are Norma and Ed, and between the two of them, they’ve experimented with just about every kind of gift card reselling and found different paths to success.
Lesson 4: Let the Gift Card Exchange be your guide, from start to finish
Thank you for taking the beginner course on gift card reselling! We’re grateful that you’ve stayed with us and would like to share with you The Gift Card Exchange.