Where Are the Best Gift Card Deals, Online or In-Store?
00:00:00.000 | Are a lot of these deals online, or do you sometimes have to go into the physical store
00:00:04.960 | to get a gift card?
00:00:05.960 | There are definitely in-store only deals.
00:00:08.000 | We talked about Kroger and Safeway.
00:00:10.320 | Those are examples where the good stuff is going to be in store.
00:00:14.040 | From my perspective, as a middleman who's trying to make money on reselling gift cards,
00:00:18.520 | my favorite deals are like hyper-regional local grocery stores.
00:00:22.600 | We track deals even from individual stores.
00:00:25.440 | There's like five stores in Utah that we track that occasionally have great deals.
00:00:29.160 | So oftentimes it's these obscure local grocery chains will sometimes have killer gift card
00:00:33.400 | deals, and you have to go in-person, in-store to get those deals.
00:00:37.280 | That being said, there's plenty of online stuff, as we already talked about, the apps
00:00:40.440 | and giftcards.com and things like that.
00:00:42.280 | There's deals in both places.
00:00:43.680 | But if you think about Economics 101 and Supply and Demand, if there's a deal that's only
00:00:48.140 | available at five stores in Utah and you live next to one of those stores, then the market,
00:00:53.320 | if you plan to resell those gift cards, will be much more favorable because you'll be the
00:00:56.600 | only supplier of them.