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CardPool (YC W10) Wants To Buy And Sell Your Unused Gift Cards

techcrunch.com

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Re: CardPool (YC W10) Wants To Buy And Sell Your Unused Gift Cards

#3
"There have been a number of auction-like marketplaces, such as Plastic Jungle and Rackup, that have popped up to allow users can buy and sell their gift cards to each other..."

"...CardPool is entering the space but with a slightly different twist to its model. Card Pool allows users to both buy and sell gift cards."

What is the twist?

Re: CardPool (YC W10) Wants To Buy And Sell Your Unused Gift Cards

#4
post #3

"There have been a number of auction-like marketplaces, such as Plastic Jungle and Rackup, that have popped up to allow users can buy and sell their gift cards to each other..." "...CardPool is entering the space but with a slightly different twist to its model. Card Pool allows users to both buy and sell gift cards." What is the twist?

They set the buy and sell price, so there is no auction component.

Re: CardPool (YC W10) Wants To Buy And Sell Your Unused Gift Cards

#6
post #4
post #3

"There have been a number of auction-like marketplaces, such as Plastic Jungle and Rackup, that have popped up to allow users can buy and sell their gift cards to each other..." "...CardPool is entering the space but with a slightly different twist to its model. Card Pool allows users to both buy and sell gift cards." What is the twist?

They set the buy and sell price, so there is no auction component.

Plastic Jungle seem to sell them at fixed prices too, although the price is set by the seller. Why is having a third party, CardPool, set the price an advantage? Surely they are going to have to price them at the market value anyway?

Re: CardPool (YC W10) Wants To Buy And Sell Your Unused Gift Cards

#7
post #5

Are there any companies/non-profits/charities that would allow me to donate my gift cards that have a small balance on them but not enough to buy a product? Ideally I'd like to give this money to charity instead of throwing them away.

we will be adding this feature very soon!

Re: CardPool (YC W10) Wants To Buy And Sell Your Unused Gift Cards

#8
post #4
post #3

"There have been a number of auction-like marketplaces, such as Plastic Jungle and Rackup, that have popped up to allow users can buy and sell their gift cards to each other..." "...CardPool is entering the space but with a slightly different twist to its model. Card Pool allows users to both buy and sell gift cards." What is the twist?

They set the buy and sell price, so there is no auction component.

http://www.giftcardrescue.com/

was one of the sharktank companies, meaning they got national tv promotion as well.

The thing I can see cardpool executing on better is user-experience, but is that enough?

This reminds me of companies like ebay, godaddy, and cashforgold. It's ridiculous to see how spammy and ui-horrific these sites/models are... but they are huge companies nonetheless.

Re: CardPool (YC W10) Wants To Buy And Sell Your Unused Gift Cards

#9
post #3

"There have been a number of auction-like marketplaces, such as Plastic Jungle and Rackup, that have popped up to allow users can buy and sell their gift cards to each other..." "...CardPool is entering the space but with a slightly different twist to its model. Card Pool allows users to both buy and sell gift cards." What is the twist?

great question, the techcrunch article needs to be updated. but basically, we strive to have the simplest, most hassle-free solution, at the best prices.

all our gift cards have no fees and never expire and we offer a 100-day return policy, something no one else can claim. and since we are a small and lean startup, we can afford to focus purely on the consumer while offering the best prices. all of these features are unique to our startup and are the result of listening to what they want.

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