Thursday, February 11, 2010

How do 3rd party seller of giftcard make money? I buy card at supermarket for B&N, how do they split the $? ?

Gift cards are so HUGE now. I'm wondering how the stores that sell cards to other stores make money?How do 3rd party seller of giftcard make money? I buy card at supermarket for B%26amp;N, how do they split the $? ?
These other stores buy the gift cards at a discount...a little like the ';scrip'; program offered by schools as fund raisers. As an example, B%26amp;N may sell their $50 gift cards to the grocery store for $42.00 with the store pocketing $8 when the card is sold.
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