Bad Christmas giftsYou love Grandma, but you're not feeling that floral jumpsuit she gave you for Christmas. And that gift card from Omaha Steaks won't quite work: Auntie seems to have forgotten that you're a vegetarian.

'Tis the season for unloading those albeit well meaning -- but unwanted -- holiday presents. Here's a few tips to help you get something back in return.

First Try For a Store Return

If you know where the gift giver bought your unwanted present, check the retailers' return policy online or by asking their customer service department.

"Retailers tend to be a bit more liberal with their return policies around the holidays, knowing people get things as gifts and don't have receipts," Sue Perry, deputy editor of ShopSmart, Consumer Reports' shopping magazine, tells DailyFinance. However, without a receipt you likely won't get the cash back, but a store credit instead, she says.

"And one more thing to keep in mind: If the item went on sale, you probably will get the sale price and not the full price the giver may have paid."

Unload Unwanted Gifts on eBay


The most common unwanted holiday gifts are clothing, accessories -- from footwear and handbags to jewelry -- and consumer electronics, Jim Griffith, dean of education for eBay (EBAY), tells DailyFinance.

Here's a basic rule of thumb to follow during the holiday unwrapping fest: "Even as you're saying, 'no, you shouldn't have,'" to the gift-giver, be mindful to open all gifts carefully, keeping the packaging pristine in case you want to return or sell it later, Griffith says. Hold on to the boxes and don't remove the tags.

While this tip might seem like a no brainer, it's one key way "to help you realize better value" on eBay as the more merchandise appears new, versus used, the better it sells, Griffith says.

Clothing

Clothing and fashion accessories that reflect specific tastes - - which might not be yours -- "you either love UGG boots or you don't" -- are big post-holiday sellers on eBay, Griffith says.

That's why listing the size of an item on the site isn't enough. Because clothing sizes varies greatly, include measurements in your product listing to maximize its resale value, he says.

For tops, common measurements include underarm to underarm, and from the top of the collar to the bottom of the hem on the back of the shirt.

Accessories

When it comes to handbags, make sure to show photos of the front, back, sides of the bag, and pictures of any labels, in your listing. Also, "the most common mistake that sellers make is not photographing the interior of the bag," so include that as well, Griffith says.

Sellers also leave money on the table when they post photos of jewelry that fail to capture its sparkle. With jewelry, closeups are important, so use the macro feature -- as opposed to the zoom -- on your digital camera (most cameras have one) which allows you to take a sharp, tight shot of the item from just a few inches away, Griffith says.

Electronics

The online marketplace recently launched InstantSale, a trade-in program designed to help sellers easily purge unwanted electronics for cash. "In a nutshell, tell us what you have, we'll take you what it's worth," Griffith says.

With eBay's traditional selling option, sellers handle the listing and manage their items themselves.

Sellers send their electronics with a pre-paid postage label to the site, and eBay will reimburse the seller through PayPal based on the item's condition. (Sites like Gazelle.com and NextWorth.com also offer shoppers cash or store gift cards for their unwanted electronics, but an eBay spokeswoman said eBay can occasionally offer better value than other programs.)

When listing electronics, include a photograph of the serial number of the item, which helps the buyer validate that the item they've purchased is the same one that appeared in the listing, Griffith says.

Sell, Trade in Unwanted Gift Cards

A hefty $2 billion in gift cards will go unredeemed in 2011, according to TowerGroup, a research firm for the financial services industry.

But leaving a gift card unused is like throwing money away. Instead, tap the gift card resale market. Sites such as CardCash.com, GiftCards.com, Plasticjungle.com and Cardpool.com will let you sell your card for cash, often for up to 92% of its value, or trade it in for another gift card.

And Dec. 26 is Gift Card Exchange Day -- a one-day event designed to raise consumer awareness about exchanging gift cards for cash. Shoppers can enter the store name and gift card amount on the site to receive instant bids from resellers interested in purchasing their card.

Cash in Those Daily Deals

More consumers gave coupons from daily deal sites like Groupon (GRPN) and LivingSocial as gifts this year. If you received one that you're disinclined to use (maybe that mango and papaya facial just isn't your thing), look to unload it on sites such as Lifesta.com, DealsGoRound.com, CoupRecoup.com and CouponTrade.com, which allows consumers to sell unused daily deals. Sellers can also buy a daily deal they prefer from these sites.




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87 Comments

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Alex

Interesting article. I recently had the same problem; got some gift cards that I didn't really need. So I went online and found a similar local service http:/www.egiftcardexchange.com and exchanged my gift cards for cash. After all I cannot pay my bills with gift cards only cash.

January 02 2013 at 2:49 PM Report abuse rate up rate down Reply
neeke25

what is about the fruitcake gift? i see this every year.

October 20 2012 at 8:13 PM Report abuse rate up rate down Reply
Designer Bagman

That was some great information on ideas for unloading things we will never use. Very helpful tips on Ebay also, I always take lots of pictures of my handbags when listing and always seem to sell a lot. Of course if you sell designers names like Gucci or Yves Saint Laurent- not hard to sell.
thanks
www.getmyhandbag.com

December 29 2011 at 3:08 PM Report abuse rate up rate down Reply
ROCKCRUSHER

If they made fruitcake illegal my issues regarding unwanted gifts would be resolved. Just when I think its safe, another one gets dropped off. Whats even more disturbing is that they look exactly like the ones I eradicated last Xmas. IM LOSING IT ! ! !

December 28 2011 at 2:45 AM Report abuse rate up rate down Reply
democracks0

THE AMERICAN PEOPLE WILL BE UNLOADING THE UNWANTED DEMOCRATS IN 2012. STARTING WITH OBAMA.

December 28 2011 at 12:32 AM Report abuse +6 rate up rate down Reply
1 reply to democracks0's comment
Susan

You people just can't stay on topic, can you?

December 28 2011 at 8:58 AM Report abuse rate up rate down Reply
2 replies to Susan's comment
democracks0

WHAT DO YOU MEAN BY "YOU PEOPLE'' ?

MY AREN'T YOU QUITE THE BIGOT.

December 28 2011 at 11:41 AM Report abuse +2 rate up rate down
S

Bigot? No, she's absolutely accurate. Your comment marked you as one of a lunatic group of willful idiots. Perfectly acceptable use of the phrase "you people" - meaning MORONS.

December 28 2011 at 4:17 PM Report abuse rate up rate down
democracks0

EVAN/SOMEHOLE/CHRIS1011 = OBAMITES. LMAO

OBAMASAFAILURE

December 28 2011 at 12:31 AM Report abuse +4 rate up rate down Reply
1 reply to democracks0's comment
S

*yawn* Why don't you go throw some of your poop at the neighbors? It's about as useful as what you're doing here.

December 28 2011 at 4:18 PM Report abuse rate up rate down Reply
CinCydude61

Have mercy. Where does AOL find these writers? "'Tis the season for unloading those albeit well meaning -- but unwanted -- holiday presents." I guess they thought "albeit" sounds high falutin' but didn't figure out how it's used in a sentence.

December 27 2011 at 11:13 PM Report abuse +2 rate up rate down Reply
GoodDecisions

In reading these comments, I see two separate types of people - those who are the nutcases who go about buying what they can't afford, to impress people who won't appreciate it and then there are those who really don't want a thing, who clearly have families who don't listen to them and who refuse to honor their wishes.

Pretty sad. This article is about cashing in on gifts that you dont' want or that you didn't ask for. The fact that it's all about the money is pretty disgusting to me. No wonder a larger number of Americans start to shun 'christmas' every year.

December 27 2011 at 11:09 PM Report abuse +2 rate up rate down Reply
flilguy

In this economy if you receive a gift you don't like donate it a Goodwill store, or a good charity, if you can afford to. Be thankful if you have the ability to give. And not that I wish to sound preachy the holidays are about giving, not receiving.

December 27 2011 at 10:33 PM Report abuse +1 rate up rate down Reply
2 replies to flilguy's comment
GoodDecisions

The holidays are SUPPOSEDLY about loving the people in your life. And you can only do it one day a year? You have to have a holiday to do that?

December 27 2011 at 10:53 PM Report abuse +4 rate up rate down Reply
S

The operative words being "if you can afford to". Not many of us can afford to just give away new merchandise, you know. Be thankful YOU can even consider that.

December 28 2011 at 4:20 PM Report abuse rate up rate down Reply
Tim Gary

I had given a few gifts to a few people but there were a few gifts I gave that had to be taken as gotten... I gave my Brother & Sister-In-Law and my God Daughter a treat in Nov. that was their Christmas Gift on the year... An LSU Football Game @ Tiger Stadium... And that was a Night Game... Yes, I treated them to a dinner at Noon and enjoyed the day Tailgating the rest of the time... It was great for them but I concider it (MY) Christmas gift itself with the fun I had all the way around...

December 27 2011 at 10:00 PM Report abuse rate up rate down Reply