GiftCardRescue.com Increases Revenue 10-Fold

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GiftCardRescue.com, a leading gift card exchange site today announced a 10-fold increase in year-over-year revenue as of October 31st, 2010. The company is also launching a Bulk Gift Card Department that will be dedicated to providing support to volume gift card sellers.

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We see our strong growth as a continued validation of our focus on growing our bulk gift card purchase business.

GiftCardRescue.com, a top gift card exchange website, today announced a ten-fold increase in year-over-year revenue as of October 31st, 2010. The company attributes the growth to continued success in expanding its bulk gift card purchase business. During the same period, the company tripled its user base.

GiftCardRescue.com allows users to sell gift cards for up to 90% of card value in cash or exchange them for Amazon.com credit. Consumers can also save money by buying discounted gift cards to their favorite stores for up to 30% off.

Kwame Kuadey, CEO & Founder of GiftCardRescue.com remarked, “We see our strong growth as a continued validation of our focus on growing our bulk gift card purchase business. In addition, having bootstrapped our way to profitability, we do not face the same pricing pressure our competition faces, which allows us to focus on providing unparalleled customer service. It is therefore no accident that over 85% of our business is from repeat customers. We expect our growth trend to continue for the foreseeable future.”

According to the National Retail Federation, nearly 10% of the estimated $80 billion in gift cards sold each year goes unused. GiftCardRescue.com is committed to providing an easy, fast, and safe way for consumers to unlock the value in their unwanted gift cards.

To support the company’s rapid growth, GiftCardRescue.com is launching a Bulk Gift Card Department that will be dedicated to providing support to volume sellers.

About GiftCardRescue.com
GiftCardRescue.com allows users to sell unwanted gift cards for up to 90% cash. In addition, consumers can buy discounted gift cards to their favorite stores and save up to 30%. GiftCardRescue.com guarantees all transactions and is backed by the best customer support team in the industry. The company is located in Ellicott City, MD.

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Kwame Kuadey
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