Welcome to The Wholesale Forums!
: :


Video Games and/or Video Console Success Stories


Reply
 
LinkBack Thread Tools Display Modes



Posts: 31
Offline

Join Date: Oct 2008
Location: Australia
Feedback: (0)
Thanked: 0 Times in 0 Posts
Is there anyone here who operates a small video game and/or console business online and has made good (or above average) profit. This is the field I wish to deal in as I love it heaps and was wondering if there has been any probs or ups and downs in sale with regards to selling these items.

Thanks.
#1  
Reply With Quote Old 04-10-2008, 02:00 AM



Posts: 7,309
Offline

Join Date: Apr 2007
Location: 60DBP
Feedback: (2)
Thanked: 461 Times in 447 Posts
There are more downs than ups in video game market, that's for sure.
__________________

Looking for Products to Sell on eBay? (52k+ and counting)
#2  
Reply With Quote Old 04-10-2008, 04:57 AM



Posts: 31
Offline

Join Date: Oct 2008
Location: Australia
Feedback: (0)
Thanked: 0 Times in 0 Posts
*Mumbles* I might consider intermingling other electronics like ipods or something if it helps to stop the downs.
#3  
Reply With Quote Old 04-10-2008, 09:03 AM



Posts: 2,646
Offline

Join Date: May 2008
Location: UK
Feedback: (92)
Thanked: 103 Times in 97 Posts
Games all the way rather than Ipods for us
__________________
VIDEO GAME DROPSHIPPER HERE

#4  
Reply With Quote Old 04-10-2008, 09:13 AM

RWA



Posts: 2,747
Offline

Join Date: Dec 2005
Location: UK
Feedback: (0)
Thanked: 137 Times in 113 Posts
You don't have to concentrate on electronics, plenty of other goods out there you could sell.
#5  
Reply With Quote Old 04-10-2008, 09:15 AM



Posts: 31
Offline

Join Date: Oct 2008
Location: Australia
Feedback: (0)
Thanked: 0 Times in 0 Posts
Video games and consoles have been a close passion to me, always loved them since I was knee high to a grasshopper, I think I'll deal with the ins and outs for something I enjoy, even if I just do it seasonally (Christmas especially) and only buy small bulk throughout the year.
#6  
Reply With Quote Old 05-10-2008, 09:46 PM



Posts: 136
Offline

Join Date: Jun 2007
Location: Preston, England
Feedback: (1)
Thanked: 0 Times in 0 Posts
If you are only planning on buying in small bulk then to be honest the profit per game will only be very small. If you can work to 10% on small bulk buys on video games then you will be doing well. It doesn't sound much, and it isn't, but in reality I think this is level of return you should plan for. With video games (and this is in my experience) it is the quantity of games you sell and the quick turnover of stock that is the important thing.

If you are making £3 on a game costing you £26-£30, then selling 10 makes you a profit of around £30. Sell only 9 of the games and you are still not in profit. You need to sell all your stock as quickly as possible (as video games lose value particularly quickly) Obviously this is a simplistic account, and others may have a different opinion, but you need to buy in as large a quantity as you can and make sure they all sell quickly.
#7  
Reply With Quote Old 06-10-2008, 12:06 AM



Posts: 136
Offline

Join Date: Jun 2007
Location: Preston, England
Feedback: (1)
Thanked: 0 Times in 0 Posts
O, and forget about ipods, its a complete waste of time and energy.
#8  
Reply With Quote Old 06-10-2008, 12:08 AM



Posts: 940
Offline

Join Date: May 2008
Location: España
Feedback: (2)
Thanked: 24 Times in 23 Posts
I have recently started a Games business here in Spain.

Why did I do this? I was bored and there is a gap here for English Games, so I have someone running the DVD shop and I will have a crack at this. So I started off with GBP4k, yep thats it 4k. I never invest heavily into a business I have a budget and stick to it. Cant be done the 100´s will shout. B0l0x, the ones that shout probably havent even attempted it.
I started getting in accessories etc as they were cheap and people love the Wii and DS packs, also Preowned games was going to be a big thing so I trawled classifieds etc buying games on the cheap to build up some stock. I didnt expect much at first and with the budget obviously a shop was probably out of the question but sales are doing well. I advertised on every Expat forum i could find and already needed space so i rent half a shop until January 09 when i will go for one purely for this business.
If you want to go for it online only you will need alot of stock or find an excellent dropshipper but of course you might not make much with dropshipping, i dont know as never done it.

Of course maybe the market is different where you are, i can only comment on how it has gone over here, so far anyway.

There is alot of negative comments about the gaming business on here, why I dont know as it is one of the only industries still making money and will continue to make money in hard times. I know prices are competitive and you will notice alot of people saying how hard it is always refer to Ebay as a price comparison......People have to realise Ebay is not everything, not everyone in the world uses Ebay. I dont use it yet still sell games that may very well be dearer than Ebay.
#9  
Reply With Quote Old 09-10-2008, 08:11 PM

Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Video games rental business cobalt Starting in Business and Trading Advice 13 03-11-2007 07:54 PM
Credit Card Orders Cancelled with Inetresale.com theshadow1234 Supplier Discussion 42 12-10-2007 06:35 AM
Games Console Compatibility Questions Armanie14 General Wholesale Discussion 6 29-03-2007 03:45 PM
Video games supplier? shane The Wanted Section 1 11-09-2006 03:13 PM
Batman Begins Playstation 2/Xbox Video Games AUTHENTIC NEW JMGames Games Consoles, Video Games, Entertainment Media and Accessories 1 30-12-2005 11:00 AM


All times are GMT. The time now is 10:37 PM. Fixed Width