Introduction
Do you have a gift card that you won’t use? Are you looking for an easy way to make some extra cash? Selling gift cards is a great way to turn your unused cards into money. But where should you go to sell them? There are a number of different online marketplaces that allow you to post your gift cards for sale. In this article, we will explore the most popular online marketplaces for selling gift cards, discuss the advantages and disadvantages of each platform, explain the process of listing a gift card for sale on each platform, describe the fees associated with each marketplace, and give tips and tricks for getting the best price when selling a gift card.
Popular Online Marketplaces for Selling Gift Cards
There are several online marketplaces that allow you to list your gift cards for sale. The most popular platforms include eBay, Craigslist, Raise, CardCash, and GiftCardGranny. Let’s take a closer look at each one.
eBay
eBay is one of the most popular online marketplaces. It allows you to list your gift card for sale in an auction-style format, meaning that buyers can bid on the card and the highest bidder wins. You can also set a “Buy It Now” price if you don’t want to go through the auction process. eBay charges a fee of 10% of the total sale price, plus a small listing fee.
Craigslist
Craigslist is another popular online marketplace. It allows you to list your gift card for sale in a classified-style format. Buyers can contact you directly to purchase the card. Craigslist does not charge any fees for listing or selling gift cards.
Raise
Raise is an online marketplace specifically designed for buying and selling gift cards. It allows you to list your gift cards for sale and buyers can purchase them directly from the website. Raise charges a fee of 15% of the total sale price.
CardCash
CardCash is another online marketplace specifically designed for buying and selling gift cards. It allows you to list your gift cards for sale and buyers can purchase them directly from the website. CardCash charges a fee of 12% of the total sale price.
GiftCardGranny
GiftCardGranny is an online marketplace for buying and selling gift cards. It allows you to list your gift cards for sale and buyers can purchase them directly from the website. GiftCardGranny does not charge any fees for listing or selling gift cards.
Advantages & Disadvantages of Each Marketplace
Now that we’ve taken a look at the most popular online marketplaces for selling gift cards, let’s discuss the advantages and disadvantages of each platform.
eBay
The main advantage of selling on eBay is that it is one of the most popular online marketplaces, so you will likely be able to reach more potential buyers. The main disadvantage is that eBay charges a 10% fee on all sales, plus a small listing fee.
Craigslist
The main advantage of selling on Craigslist is that it is free to list and sell gift cards. The main disadvantage is that it is not as well known as other online marketplaces, so you may not be able to reach as many potential buyers.
Raise
The main advantage of selling on Raise is that it is specifically designed for buying and selling gift cards, so it is easier to find buyers who are looking for what you are selling. The main disadvantage is that Raise charges a 15% fee on all sales.
CardCash
The main advantage of selling on CardCash is that it is specifically designed for buying and selling gift cards, so it is easier to find buyers who are looking for what you are selling. The main disadvantage is that CardCash charges a 12% fee on all sales.
GiftCardGranny
The main advantage of selling on GiftCardGranny is that it is free to list and sell gift cards. The main disadvantage is that it is not as well known as other online marketplaces, so you may not be able to reach as many potential buyers.
Explaining the Process of Listing a Gift Card for Sale on Each Platform
Now that we’ve discussed the advantages and disadvantages of each platform, let’s take a look at how to actually list a gift card for sale on each platform.
eBay
Listing a gift card for sale on eBay is a relatively straightforward process. First, you will need to create an account if you do not already have one. Once you have created an account, you can start the process of listing your gift card for sale. You will need to provide a description of the card, upload photos of the card, set a starting price (or “Buy It Now” price), and set a duration for the auction. Once you have completed these steps, your listing will be live and buyers can start bidding on the card.
Craigslist
Listing a gift card for sale on Craigslist is also a relatively straightforward process. First, you will need to create an account if you do not already have one. Once you have created an account, you can start the process of listing your gift card for sale. You will need to provide a description of the card, upload photos of the card, and set a price for the card. Once you have completed these steps, your listing will be live and buyers can contact you directly to purchase the card.
Raise
Listing a gift card for sale on Raise is also a relatively straightforward process. First, you will need to create an account if you do not already have one. Once you have created an account, you can start the process of listing your gift card for sale. You will need to provide a description of the card, upload photos of the card, and set a price for the card. Once you have completed these steps, your listing will be live and buyers can purchase the card directly from the website.
CardCash
Listing a gift card for sale on CardCash is also a relatively straightforward process. First, you will need to create an account if you do not already have one. Once you have created an account, you can start the process of listing your gift card for sale. You will need to provide a description of the card, upload photos of the card, and set a price for the card. Once you have completed these steps, your listing will be live and buyers can purchase the card directly from the website.
GiftCardGranny
Listing a gift card for sale on GiftCardGranny is also a relatively straightforward process. First, you will need to create an account if you do not already have one. Once you have created an account, you can start the process of listing your gift card for sale. You will need to provide a description of the card, upload photos of the card, and set a price for the card. Once you have completed these steps, your listing will be live and buyers can purchase the card directly from the website.
Describing Fees Associated with Each Marketplace
Now that we’ve discussed the process of listing a gift card for sale on each platform, let’s take a look at the fees associated with each marketplace.
eBay
eBay charges a fee of 10% of the total sale price, plus a small listing fee.
Craigslist
Craigslist does not charge any fees for listing or selling gift cards.
Raise
Raise charges a fee of 15% of the total sale price.
CardCash
CardCash charges a fee of 12% of the total sale price.
GiftCardGranny
GiftCardGranny does not charge any fees for listing or selling gift cards.
Tips & Tricks for Getting the Best Price When Selling a Gift Card
Now that we’ve discussed the fees associated with each marketplace, let’s take a look at some tips and tricks for getting the best price when selling a gift card.
Research the current market value of the card
It’s important to research the current market value of the card before listing it for sale. This will help you determine the best price to list the card for. You can use websites like GiftCardGranny to compare the prices of similar cards.
Offer discounts or incentives
Offering discounts or incentives can help attract more buyers and get you a better price for your gift card. For example, you could offer a discount if the buyer purchases multiple cards, or you could offer a bonus item such as a free t-shirt or mug.
Choose the correct listing format
It’s important to choose the correct listing format for your gift card. If you’re selling a high-value card, an auction-style format may be the best option. If you’re selling a low-value card, a “Buy It Now” format may be the best option.
Make sure the card is still valid
It’s important to make sure the card is still valid before listing it for sale. Buyers will not be interested in purchasing a card that is no longer valid.
Negotiate for a better price
Negotiating for a better price can help you get a higher price for your gift card. You can negotiate with buyers directly or you can use a platform such as eBay to negotiate with buyers.
Conclusion
In this article, we explored the most popular online marketplaces for selling gift cards, discussed the advantages and disadvantages of each platform, explained the process of listing a gift card for sale on each platform, described the fees associated with each marketplace, and gave tips and tricks for getting the best price when selling a gift card. Whether you’re looking to make some extra cash or just want to get rid of some unused gift cards, there are plenty of options available for selling your gift cards online. With a little bit of research and some savvy negotiating skills, you can get the best price for your gift cards and make some extra money.
