On the evening of Monday, May 13th gift card exchange website, Plastic Jungle, sent out a surprising email to all of their consumers. Plastic Jungle announced that they would no longer be buying and selling gift cards directly to and from consumers. Plastic Jungle has been an industry leader in the gift card exchange business for seven years. They were funded in 2006 with a $40 million venture capital. This allowed them to offer the best discounts and rates on gift cards in the market.
As a boot-strapped start up business, we are happy and proud to say that we are still continuing to thrive in the gift card exchange industry. Our success has not come easy. We are an extremely small business, so being able to outlast a company as large as Plastic Jungle is an eye opener for us. We only continue to grow in this highly competitive industry. We pride ourselves for offering some of the best rates in the business and providing our consumers with a safe, fast and reliable gift card marketplace.
Below you will find the text of the email that Plastic Jungle sent out yesterday:
The team at Plastic Jungle would like to thank you for your participation in our gift card programs over the past seven years. Since 2006, Plastic Jungle has been a leader in providing you with great deals on gift cards in a secure marketplace.
As our business has grown and evolved, we have seen that the greatest potential for Plastic Jungle’s long-term success is in working directly with our business partners. As a result, we will no longer be buying and selling gift cards at www.plasticjungle.com. This change is taking place effective today.
With this transition, there are a few important things you should know. First, all orders currently being processed will be honored with the same guarantee of service and safety that we have upheld for seven years. Second, our website will be available to allow you to access your account and retrieve gift cards until November 1, 2013. Third, Plastic Jungle will continue to offer gift card exchange services to customers through our partners. Finally, our customer service desk will remain open during this period to answer inquiries and resolve any concerns. If you have any questions, we encourage you to visit our FAQs page or contact Plastic Jungle Customer Success at email@example.com.
Thank you again for being an important part of the Plastic Jungle family over the past seven years. We appreciate all of your support as we begin this exciting new mission as a company.
All the best, The Plastic Jungle Team