8 Gift Cards Selling Business Success Stories [2024]

Pat Walls

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Updated: November 1st, 2023

Start A Gift Cards Selling Business

We all love receiving gifts from friends for occasions such as birthdays, weddings, or festival celebrations like Christmas and Easter. As times change, people's tastes and preferences are changing rapidly, and offering variety is the best way to fulfill customers' expectations.

Therefore, if you are looking for a good business idea, you may consider setting up a gift card shop at a convenient location. A strip mall with high traffic of target customers makes a good choice for a gift card business.

Here are some real life success stories of starting a gift cards selling business:

1. EcardForest Ltd ($180K/year)

Driven by the pandemic and the need for digital greeting cards during remote work, Dayana Doncheva founded EcardForest. Frustrated by the lack of European-focused options, she assembled a team and launched the company with a viable product. EcardForest now generates over $15K in monthly revenue and prioritizes environmental sustainability and user privacy.

How much they make: $180K/year
How much did it cost to start: $30K
Current team size: 3

How The Pandemic Inspired Me To Bootstrap A $180K/Year Online Greeting Card Business

EcardForest, a digital greeting card company that allows multiple people to sign and send ecards, generated over $15K in monthly revenue by prioritizing environmental protection and privacy, optimizing their website for speed and user experience, and investing in quality and advertising, while remaining agile and efficient.

About

Dayana started EcardForest Ltd about 3 years ago

Revenue

Dayana grew the business to $15K/month

Costs

It cost Dayana $30000 to start the business

Read this case study

Read by 4,545 founders

2. Thankbox ($420K/year)

Val, the founder of Thankbox, came up with the idea while working as a contractor and noticed the challenges of organizing a card and cash collection for team occasions. After realizing there was no existing solution that covered both aspects, Val launched Thankbox in May 2020. Through strategic marketing and design improvements, Thankbox experienced rapid growth and generated over $2 million worth of gift cards since its launch.

How much they make: $420K/year
How much did it cost to start: $2.5K
Current team size: 3

How I Bootstrapped A $25K/Month Online Group Greeting Cards Service

30-year-old Val shares how she founded Thankbox, an online group card and gift collection service in Scotland that has been used to send over 40,000 cards, issued over $2 million worth of gift cards, and now pulls around $25k in revenue per month, with plans to expand and offer physical versions of cards.

About

Valentin started Thankbox almost 4 years ago

Revenue

Valentin grew the business to $35K/month

Costs

It cost Valentin $2500 to start the business

Read this case study

Read by 4,548 founders

Learn more about starting a gift cards selling business:

Where to start?

-> How to start a gift cards selling business?
-> How much does it cost to start a gift cards selling business?
-> Pros and cons of a gift cards selling business

Need inspiration?

-> Examples of established gift cards selling business
-> Marketing ideas for a gift cards selling business

Other resources

-> Gift cards selling business tips

Part of

Starting A Gift Cards Selling Business: Everything You Need To Know

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5. Launch Gift Cards

Launch Gift Cards runs branded gift card websites for great brands

Website traffic: 750K/month

6. eGifter

Where they're located: Vicuña, Coquimbo Region, Chile
Website traffic: 460K/month

7. GiftCardGranny.com

Shop eGift cards, Visa, or bulk gift cards for friends, family, or yourself!

Website traffic: 500K/month

8. Kudoboard

Online group card for birthdays, work anniversaries, and other special occasions. Add a message, photo, GIF, or video; invite others to post; then deliver!

Website traffic: 1.91M/month