It's up to you but the game business is a great traffic builder and will be around for a long time because the vintage gamers like the old consoles and these games will not be downloadable. Zero Wing (Sega Genesis, 1991) $99 at Half.com. Even the average condition cartridge will bring $20.00 and is worth a $5.00 - $10.00 loan. You may not be old enough to be familiar with these names below, but these are all of the platforms of game systems over the last 30 years and continue to be valuable.
In order to fully execute this idea your system needs to handle all of the lifting into the eCommerce space because the average sales price of the items are 10 - 20 bucks and you only can afford to put the item into a envelope without any other effort. These items need to on the web because this is not a main stream product and you can't count on walk in business, but this business rocks when customers can see items on the web. Shoppers don't have time to drive to your store to shop for a $20 dollar item, but they will drive to purchase if they can browse online and see the item is in your store. Make sense? Our system will also enable the customer to purchase the item online to secure the purchase, and then pick up the item in your store. This was an extraordinary discovery that we experiecned and we believe is a game changing platform for pawnshops. Bravo will do this. This can also be done with VHS and Video Movies, you will see this market on Half.com.
Important tip. This is a fabulous market if you have time in your store. It would be like a super GameStop. GameStop stores has a similar system like PRIMA. They take items from customers, second hand, and resell them online or in their store. They do not handle vintage games and this is the opportunity. This can be done without our system but requires a lot of time to do well. Here is how it works with BRAVO.
BRAVO will have every SKU in the system, so when a customer comes in your store with a number (up 250) of games you would scan the game. The system would locate the item record and give you an estimate to loan or buy. This is Bravo's estimator. From the same screen you will be able to quick search EBay or Half to verify value. At this time you decide what to loan or buy. This empowers you with additional information to make a better choice. How much would you lend on this Super Mario game? This is a important decision if you want to build a game business, my experience suggests you have to offer fair value and not the customary $1.00 or .50 cent rule. The gamers that have these vintage games would love to be able pawn their games, but no one gives fair value! The redemption rate is similar to guitars. Tip - shrink wrap these games while they are in pawn.
What is beautiful about this opportunity is with Bravo, you will have every game in your store for sale on the web. These gamers research and find these games from all over the world and even if they live around the corner from your store. Shipping is a snap with Media mail by USPS. MaxPawn.com will have every game listed by condition. And of course if you want to sell these games on EBay you can do so with our integrated EBay Blackthorne autolister. Get ready for an exciting new business opportunity.
- Classic Console Games
- Macintosh Games
- Neo Geo
- Nintendo 64
- Nintendo DS
- Nintendo Game Boy
- Nintendo Game Boy Advance
- Nintendo Game Boy Color
- Nintendo GameCube
- Nintendo Super Nintendo
- Nintendo Wii
- PC Games
- Sega CD
- Sega Dreamcast
- Sega Game Gear
- Sega Genesis
- Sega Saturn
- Sony PlayStation
- Sony PlayStation 2
- Sony PlayStation 3
- Sony PSP
- Xbox
- Xbox 360
These are the categories that are very valuable to resell. Check out Half.com for current selling values? The vintage game console resell market is very soft; the collectability is in the game cartridges. I suggest that you have 2 of each vintage console models in your store for sale at a very low price.
Steve Mack
March 1, 2010 - I have to add that a Nintendo game just sold this week for $41,300.00. This is to illustrate the hidden values of games, knowing when something crosses your counter can be a game changing event, keep your eyes peeled. Read this article.
