Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Website creates a unique way to save on holiday shopping

Website creates a unique way to save on holiday shopping.

Nov 29, 2012. Auckland, New Zealand.
Thanks to the rising popularity of gift cards, the bargain hunters might just find themselves saving a little more than usual this year, simply by using those gift cards to pay for shopping instead of money.

Throughout the last few years, gift cards have been on a constant climb in terms of use and popularity. Leveraging this phenomena, a website called Power Gift has come up with a unique way to sell consumers gift cards for lower than their face value. A $100 gift card for a certain store can be purchased for as low as $65, essentially saving the user $35 on any item in store.

“There’s a trend that really picks up during this time of the year, when consumers are out to find the best deals around. They go to Power Gift to grab discounted gift cards for stores which they already know they’ll be shopping at, so it’s a win situation” says Allen Shegay, a recent Massey University graduate and the founder of Power Gift.

The website has been up for just under a year but has already had thousands of consumers visiting it. During the busiest times one in every dozen will register an account with the site.

Power Gift works thanks to consumers who find themselves holding onto unwanted gift cards. They can quickly exchange those them for percentage of money with Power Gift. This allows the site to find those gift cards a new home by selling them at discounted prices.

Currently Power Gift is running holiday specials and is offering free shipping on any purchase.

www.powergift.co.nz

//ENDS.

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Onetai Station: Overseas Investment Office Puts Ceol & Muir On Notice

The Overseas Investment Office (OIO) has issued a formal warning to Ceol & Muir and its owners, Argentinian brothers Rafael and Federico Grozovsky, for failing to provide complete and accurate information when they applied to buy Onetai Station in 2013. More>>

ALSO:

Tomorrow, The UN: Feds President Takes Reins At World Farming Body

Federated Farmers president Dr William Rolleston has been appointed acting president of the World Farmers’ Organisation (WFO) at a meeting in Geneva overnight. More>>

ALSO:

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news