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!

If you sign up with a bulk buyer, most of them will email you the deals or post them in a private forum. They want you to buy gift cards. Their business depends on you, so they try to help out as much as possible. Some will list the current deals and prices with their purchase order form.

However, if you’re the type of person who wants to know more about different deals or how to tweak them for the best profit, social media is the place to go.

Tip: Most buyers will not take used or third party gift cards. The e-cards that are “safe” come from sellers such as:  PayPal Digital Gifts, SVM Gift Cards, Gift Card Mall, and Cardency.

How building relationships can bring you good deals

One of the best ways to find good deals is to be involved in different social media groups. Some will send out group text alerts. Others will post in private forums. Most of these groups take time to find or to receive an invitation to join. Being involved on different Facebook groups and becoming “known” will help in making connections. Just remember to play nice.

Bulk buyers have been known to turn down accepting new people based on interactions in social media. As one bulk buyer said, “First impressions do count.” The impression you make in social media is as important as the impression you make in real life.

If you don’t have the time or inclination to look for bulk buyers (outside of the one listed in the course), or to join numerous social media groups, you might be interested in  The Gift Card Exchange, a turnkey service that we set up to help you find, assess, buy, and resell gift cards seamlessly.

One of the features that our members enjoy are the deal alerts that we share, as well as different ways to get the most our of every deal by stacking and using cashback portals. In addition, as we network with different private bulk buyers who are accepting new people, we’ll share that information too.

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