Amazon to offer $10 gift cards for $5
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On Tuesday Amazon will sell a $10 gift card to its site for half the price. Its to boost customer interest in the nine month Amazon Local service. They will lose money in the deal, but they think it's worth it. January 2011 Amazon ran a similar deal on LivingSocial, a month after it invested $175 million in daily deal sites. LivingSocial
sold almost 1.4 million of $10-for-$20 gift cards. George won't reveal how many gift cards their handing out on Tuesday or any stats about it. The service has expanded to 90 cities in 26 states and Washington D.C.
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