Jews created the business of buying gift cards
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Date: January 21st, 2018 5:51 AM Author: brass foreskin
good for them
it’s the issuers of the gift cards that are hehehehe
(http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35201585) |
Date: January 21st, 2018 1:17 PM Author: hot sepia therapy
who is the bigger jew that would pay them $93 for a $100 gift card just to save the difference?
seems like such a pain in the ass
(http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35202922)
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Date: January 21st, 2018 1:19 PM Author: Copper cracking station main people
On its own, Gift Cards are an unbelievable and wildly profitable business. Insanely profitable. The major company that does a lot of Gift Cards got bought out this week by PE - I had been eyeing it for years but it never got low enough for me.
Basically when you buy a gift card you give an interest free loan to the Gift Card company until the funds are drawn down, which then can be reinvested into money market or treasuries. In addition to this interest free loan, after a certain point Gift Cards used to either expire or run-off, representing direct profit to the issuer.
Truly one of the hidden life-hacks, a float business in the modern world. A modern day Blue Chip Stamps
(http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35202941) |
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