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

 

Maritime: Navigation Safety Review Raises Big Issues For The Govt

Shipping Federation: "The reports makes it clear that the ratification of the Maritime Labour convention (MLC) is long overdue. Only when the MLC is ratified will Maritime NZ be able to inspect and enforce the labour conditions on international ships visiting our ports." More>>

ALSO:

100 Years After Einstein Prediction: Gravitational Waves Found

For the first time, scientists have observed ripples in the fabric of spacetime called gravitational waves, arriving at the earth from a cataclysmic event in the distant universe. This confirms a major prediction of Albert Einstein’s 1915 general theory of relativity and opens an unprecedented new window onto the cosmos. More>>

ALSO:

Farming: Alliance Plans To Start Docking Farmer Payments

Alliance Group, New Zealand's second-largest meat cooperative, plans to start withholding some stock payments to its farmers from next week to bolster its balance sheet and force suppliers to meet their share requirements. More>>

ALSO:

Gambling: SkyCity First Half Profit Rises 30%, Helped By High Rollers

SkyCity anticipates the Auckland business will benefit from government gaming concessions which were triggered on Nov. 11 in recognition of SkyCity’s $470 million Convention Centre development. Morrison said the concessions would allow the Auckland business to lift its activity during peak period, noting it had a record revenue week over the Christmas and New Year period. More>>

ALSO:

Money For Light: Kiwi Scientists Secure Preferential Access To Synchrotron

Science and Innovation Minister Steven Joyce today announced a three-year investment of $2.8 million in the Australian Synchrotron, the largest piece of scientific infrastructure in the Southern Hemisphere, to secure preferential access for Kiwi scientists. More>>

Telco Industry Report: Investment Hits $1.7 Bln A Year

Investment in the telecommunications sector is $1.7 billion a year, proportionately one of the highest levels in the OECD, according to a report released today on the status of the New Zealand sector. More>>

ALSO:

PGPs: New Programme Sets Sights On Strong Wool

A new collaboration between The New Zealand Merino Company (NZM) and the Ministry for Primary Industries (MPI), announced today, aims to deliver premiums for New Zealand's strong wool sector... More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news