Originally Posted by
SailorJoe
Hey all. I've never used a BG before, and with all the DPs for lost packages, I'm still pretty nervous about it. However, I've got a lot of $$$ in Amazon GCs and it seems like BGs are the best way I have to turn that into cash short of selling them at a very deep discount.
So, I'm thinking about trying it out. I saw all the DPs that say Amazon will not allow a purchase with GC if the shipping address is known BG. So, I was thinking of using my Prime benefits to have items shipped same day to my own house, then shipping them myself to the BG address. I could buy my own insurance on the packages this way when I ship (cost at USPS is about 1%) and even if this is less than break even, it's still a lot better than the 80% or so I could get selling the Amazon GCs outright.
This is all just brainstorming right now, half baked. Wanted to get opinions of those of you who do BGs a lot. Is this idea feasible? Would having my own insurance eliminate the risk of lost packages?
That Amazon GC thing is not true. I've shipped orders paid for with a gift card to a BG with no problem for years. I'm using PointsMaker and right now they have a deal for iPad where you lose $7 with each order but if you need to liquidate ASAP that's one option. Or wait for a break-even deal.