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INTERVIEW: $100 Billion Market, 30% Growth Per Year, Nets Over $10 Million in Sales in Less than Two Years

$100 Billion Market, 30% Growth Per Year, Nets Over $10 Million in Sales in Less than Two Years

How many unused gift cards to you have right now?  The next time might be soon­er than you think.   In a mar­ket where play­ers are dis­ap­pear­ing reg­u­lar­ly George Bousis has built a sub­stan­tial defen­si­ble busi­ness in the resale of gift cards. How do you cre­ate a bar­ri­er to entry in the gift card resale busi­ness?    In this inter­view George tells Roy exact­ly how he has cre­at­ed a tech­nol­o­gy bar­ri­er that is far supe­ri­or to any­thing ever done before in this space.  The busi­ness is grow­ing so fast that he is hir­ing 3 or 4 new peo­ple every week.  Based out of Chica­go, Illi­nois, Raise.com is a com­pa­ny to watch. You can lis­ten to or read the inter­view below:       Roy:    My name is Roy Weiss­man from MediaJobs.com. Today, we’re speak­ing with George Bousis, who’s the founder and CEO of Raise.com. Six­­ty-three mil­lion in gift cards go unre­deemed every day. Raise is an online mar­ket­place where users can sell unwant­ed gift cards to each oth­er, turn­ing waste into real val­ue. Hel­lo George, how are you doing today? George: Doing well, Roy. Thank you for hav­ing me. Roy:  George, we appre­ci­ate your spend­ing the time. How did you get into this busi­ness?…

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Soldsie Makes the F‑Word Work

A San Fran­cis­co start-up wants to put the com­merce in F- Com­merce. These days, the big f‑word on Face­book is “F‑commerce,” or, in two words, “Face­book Com­merce.” As weak­en­ing of the stock has shown, Face­book may not be as valu­able as every­one ini­tial­ly thought, due in part to it’s inabil­i­ty to also be an effec­tive com­merce web­site. Cur­rent­ly even fan pages of brands still must trans­port cus­tomers away from Face­book to anoth­er web­site so they can make a pur­chase. How­ev­er, a San Fran­­cis­­co-based start­up called Sol­dsie is look­ing to change all of that. Last week they launched a social media point-of-sale pro­gram that allows busi­ness­es to sell on Face­book sole­ly by using Face­book com­ments. Accord­ing to TechCrunch.com, the com­pa­ny soft-launched in May and has now reached over one mil­lion dol­lars in trans­ac­tions across a net­work of 75 dif­fer­ent busi­ness­es, run by their social media man­agers. With those types of results in such a short amount of time, it appears Face­book Com­merce may actu­al­ly be pos­si­ble. How Sol­dsie Works As with all great new tech­no­log­i­cal advance­ments, like Pay­pal or Face­book itself, the way in which Sol­dsie works is sim­ple. All cus­tomers have to do is go to a company’s fan page,…

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