Video game trading is a matter of taking your old games, be them for
old gaming consoles such as the Nintendo classic or first version of the
PlayStation to the Xbox 360 or PlayStation 3, and exchanging them for
either cash or more games. This practice has been around for quite some
time starting back when we were kids and would take the games in our
collections that were older and played a lot and traded them to our
friends for the games they no longer required the ownership of. This
prevented us from having to spend a small fortune on new games when they
came out and if you owned multiple systems it really bolstered our
possible selections.Money is very important. It's even more important to
big companies.
Corporations thrive on the little guy needing
exactly what it is they want. Companies who are in the business of
retail operations are left with surplus merchandise, the stock that just
doesn't seem to go anywhere. It takes up space on the shelves where
other product, product that could very well sell, could be sitting. This
is stagnant money flow and keeps it tied up in product instead of being
inside the cash register. The gaming stores are tough businesses to be
in. There are many avenues that sell video games and video game systems
as well as peripherals including Target, Wal-Mart and hundreds of stores
in between. But if you walk into any of those stores with a game in
your hand and make your way back to the electronics department and ask
the guy behind the counter to kindly give you a game in the case in
exchange for the game in your hand he'd laugh at you and you'd wind up
thrown out of the store. Video game trading isn't much of a science. You
have a game or games that you do not want.
Someone you know has a
game you do want and, lucky for you, they happen to want the game that
you no longer have a use for. So you trade and everyone is happy. This
is the same thing that stores like GameStop, EB Games and Game Crazy do.
They have all these old games they procured from the inevitable sources
such as game store closings, warehouse closings and buying useless back
stock. The games are pretty much useless. A lot of them no longer work
so they spend a little time cleaning up and deoxidizing the chips inside
the plastic. Now they have a veritable license to print money. The
games are originally purchased for pennies on the dollar. Old
accessories and peripherals round out their used goods. They also carry
the usual full line of new games and accessories as trading is only part
of their game giving the buyer an opportunity to purchase larger ticket
items.Your game isn't worth much really. They usually will allow you to
trade in two to five games at a time for store credit, $1.00 or $2.00 a
title depending on the system and condition. They've just increased
their inventory of trade and sell stock while losing about 1% of the
profit off a new item.
You get more money for trade-in value than
discounts on new. It's the same principles that the car dealers use.
With new cars they make maybe $400.00, but if you've traded in your
Cherokee, blue booked at $4,900.00 for roughly $2,500 they'll lose
$800.00-$1,000.00 on the new car but will sell the traded-in car for
around $6,800.00 making them nearly $5,000.00 and if you decided to
finance they make more off of interest.So when you take your old games
into a corporate branded store you best be prepared to be saddened by
the lack of exchange you'll get for the game. Instead look on-line in
message boards or other sites for video game trading. I'm sure you'll do
much better not going toward the corporate gaming community.
Credit to original author
Article Source: http://EzineArticles.com/696000
