Did you know that over $3 billion of gift cards go to waste yearly? These are gift cards that could be spent or exchanged by their holders. Rather, they get sent back to the retailer or bank, depending on the distributor.
There are other statistics about gift cards, as you will find below, that indicate the reasons for its wastes. These statistics are according to QuerySprout, and they are listed below.
- 51% of shoppers forget to redeem their gift cards. The fate of such gift cards is the expiration or deduction of inactivation fees until they are worth nothing.
- Millennials constitute 37% of the general populace purchasing gift cards yearly.
- The sales of gift cards created and distributed by restaurants dropped by 31.8% in 2021.
- Shockingly, only 17% of Americans appreciate gift cards as Christmas presents.
- 46% of gift card purchases occurred on social media in 2021 and 2022.
- 73% buy gift cards for close family members. This is usually the source of most gift cards in Africa. Many Nigerians and Ghanaians received gift cards as presents from their loved ones during the festivities.
- Over 59% of gift card holders purchase items worth more than their gift cards’ value.
- Almost every year since 2020, over $3 billion has been wasted on unused gift cards. This is why you must bring out all your unused gift cards so Astro Africa can show you how to make the best out of them.
- The most popular gift cards worldwide are Amazon gift cards, as they are available in most countries. This is the reason for the high exchange rates of gift cards on Astro Africa and other exchange platforms.
- According to several speculations, the global gift card market is expected to hit $584 billion on or before 2026.
From these statistics, you will see that the gift card industry is growing and not going anywhere. Hence, it is essential that you get involved and start trading. You don’t have to bother about where to trade unwanted gift cards, as Astro Africa has got you covered.
How to convert unwanted gift cards to instant money
Astro Africa is one of Nigeria and Ghana’s best gift card exchange platforms. The platform contains all the features required for a complete gift card trading experience. Astro Africa is the platform for you if you want to sell your unwanted gift cards for cash or cryptocurrency.
Astro Africa’s primary goal is to make trading as easy as possible for African traders. We intend to achieve this goal through the platform’s simple user interface that makes navigation easy. Astro Africa’s website and mobile apps are secured with robust security technology that makes them impenetrable to online hacks and scams by unauthorized third parties. Hence, you can always be sure that your assets are always safe.
In performing transactions on Astro Africa, if you encounter any issue, we have a team of experts that is always available to proffer solutions and ensure that all transactions are completed smoothly. The exchange rates on Astro Africa, coupled with the automated rates calculator, also make it one of the favorite exchange platforms for traders in Nigeria and Ghana. With Astro Africa, your profit margin will increase, and you will meet every financial target.
To experience all the goodness that Astro Africa has to offer, become a registered user by following the steps below.
- Visit the Astro Africa website or download the mobile app.
- Click on sign up.
- Enter your first and last name.
- Enter your username and valid email address.
- Enter your password. Ensure that it is a strong one containing letters, alphabets, and symbols.
- Enter the referral code of whoever referred you so that they can be rewarded.
- Click sign up, and Astro Africa will verify your details and create your dashboard.
Now that you’ve successfully created your account, you can proceed to your dashboard and sell gift cards for cash or cryptocurrency by following the steps below.
- On your dashboard, click add account/momo to add a crypto wallet or local bank account. As long as you complete this step, you will get paid immediately.
- Click on sell gift cards, and all the gift cards supported by Astro Africa will be displayed.
- Select the gift card of your choice.
- Input all details about your gift cards. Take note of the subcategory of your gift card, as there are several subcategories. If you input the wrong one, your transaction might not go through.
- Input the value of your gift card.
- Click on submit.
- Astro Africa will verify your trade to ensure it is legit. In less than 15 minutes, your account will be credited.
After enjoying our unique services, don’t forget to refer your friends and family so that you can also earn.
See Also: Prices of Apple Store gift cards in Nigeria.
