You have seen people become millionaires from buying and selling gift card in Nigeria and you have two questions. The first question is; is it gift card sales lucrative enough to make you rich and how do you buy and sell gift cards in Nigeria? The answer to the first question is obvious, buying and selling gift card is a lucrative venture.
There are a lot of people making money through the purchase and sales of gift cards. Many of them are already millionaires. As for the answer to the second question, that is what this article is for. You are about to find out how to buy and sell gift cards in Nigeria.
However, it’s always better to start with the basics, we can build up from there.
Gift cards have gradually become an “in-thing” and you’ll find them almost anywhere. They are certificates issued by grocery stores, department stores, electronic stores and bookstores for customers to make purchases. Gift cards are used in these stores to buy things if you don’t want to use the money. This is usually done to encourage customer loyalty to a brand e.g. Amazon and Apple.
Now that you know what gift cards are, here is the next question:
The answer to this question is a no-brainer, sell them. The only reason to buy gift cards in Nigeria is to sell. At first, it may appear overwhelming.
Buying and selling gift cards in Nigeria can look like an impossible venture when you are looking at it from the outside, especially if you have never sold a thing in your life. Don’t worry, we’ll start with the baby steps. Here is how to money by selling gift cards.
The best time for you to buy gift cards is during the holidays and special gift seasons. Why is this, you ask? During these periods, business owners usually have the objective of gaining more customers. In other to attain this goal, they give out gift cards for cheaper prices. All you must do is purchase, wait and sell.
Another method of making money from selling gift card in Nigeria is by buying directly from customers. According to research, a small percentage of customers do not use these cards. Your job is to find them and make them an offer they can’t refuse.
Trust me, the customers will willingly exchange their gift card for money rather than see it unused. You just have to make an bid that is significantly lower than the card’s real value. How low, you ask? You are about to find out.
This is like the generally accepted adage as far as sales are concerned. If you want to make fast money from selling gift cards, you have to purchase at 50 to 80 percent of the card’s value. Don’t worry, most customers will sell at that price. The unappealing alternative is letting the cards got to waste.
Another thing to do is to make sure the gift cards purchased are $30 in value or higher. Anything lower than that, and your business will grow at a very slow rate.
To maximize profit as a gift card seller, purchase directly from the companies that offer these cards. Contact them directly for a partnership that’ll enable you to buy at a lower price and sell for the real worth. This method can be a little difficult, but it’s often rewarding.
Like most other forms of business, you must be smart if you want to buy and sell gift cards in Nigeria. Learn how to deal with different types of gift cards and make sure you only purchase gift cards that are popular in your area. Only purchase goods you know you can sell.
Good luck in your new business venture.
If you have gift cards to sell you can contact us here on WHATSAPP > 2347058372518Tags: amazon gift cards, Buy and sell gift cards in Nigeria, convert itunes gift card to cash, gift cards, gift cards to bitcoin, itunes to naira, paxful itunes, sell amazon gift cards, sell gift cards to naira, sell itunes gift cards, selling gift cards, selling gift cards in Nigeria