Secondary market for gift certificates: Ebay???
by
Anonymous Coward
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· Score: 1, Interesting
Is it true that Apple will only allow US residents to redeem the gift certificates? Then how does Apple check if the gift certificate holder is a US resident? Anyone can fake a US address and Apple expressly states you don't need a credit card for gift certificate redemption.
So I'm thinking that there is the possibility for a secondary market in gift certificates, which Apple will ignore.
The Gift Certificates will become the first possibility for non-US residents to buy songs from iTMS. I predict savy americans will purchase gift certificates and sell these to Europe based buyers at a premium on auction sites such as Ebay. I wonder how much the premium will be? An interesting question is whether Apple will tolerate or ignore this secodary Gift Certifcate market? I guess the secondary market will put additional pressure on the music labels to finally come to a european wide agreement.
Last Minute Shopping
by
Golias
·
· Score: 2, Interesting
I had a friend (who owns an iPod) who's birthday was yesterday. She's been getting into the iTMS ever since the Windows version of iTunes came out a couple weeks ago.
Right before going over to her house for a small party, I fired up iTunes on my iBook and bought a $20 certificate for her. When I got there, I just said "check your e-mail for your gift." She loved it. I'm sure I will use it again one of these days, as it saves shopping time while seeming less impersonal than cash.
Is it true that Apple will only allow US residents to redeem the gift certificates? Then how does Apple check if the gift certificate holder is a US resident? Anyone can fake a US address and Apple expressly states you don't need a credit card for gift certificate redemption.
So I'm thinking that there is the possibility for a secondary market in gift certificates, which Apple will ignore.
The Gift Certificates will become the first possibility for non-US residents to buy songs from iTMS. I predict savy americans will purchase gift certificates and sell these to Europe based buyers at a premium on auction sites such as Ebay. I wonder how much the premium will be? An interesting question is whether Apple will tolerate or ignore this secodary Gift Certifcate market? I guess the secondary market will put additional pressure on the music labels to finally come to a european wide agreement.
Right before going over to her house for a small party, I fired up iTunes on my iBook and bought a $20 certificate for her. When I got there, I just said "check your e-mail for your gift." She loved it. I'm sure I will use it again one of these days, as it saves shopping time while seeming less impersonal than cash.
Information wants to be anthropomorphized.