Originally Posted by
lmahmood
interestingly enough, I’ve been buying and selling for the gray market for years now. Business has slowed down due to these buying groups and people accepting less than retail as payment for the sake of points.
Using some of the strategies in this forum, I’ll be creating a buying group soon enough. Payment will be made in vgc from Simon but that’ll allow us to build in a margin so we can at least pay above retail. For the time being we will take delivery to our office in Virginia and pay on the spot. If anyone is interested they can dm.
Good luck! Why would anyone want to get paid in gift cards? The main benefit of buying groups is removing the need to liquidate. If you’re paying above cost, people are going to have to keep track of taxes, too.