Pre-owned website buying unsold stock

New website tradeyourgames.co.uk, which buys and sells pre-owned titles, will roll out a business-to-business service so that independent video game retailers can sell excess stock.

The site launched earlier this month and claims to offer consumers trade-in rates of up to 40 per cent more than High Street stores. It uses an automated system which constantly monitors the prices of 6,000 games to update its own values.

Founder and director of Trade Your Games Indy Sangha told MCV: In the near future we’d like to run a B2B offering that allows indies to trade in their overstocks to us.

Our overall aim is to offer as much as we can in terms of cash for games, and we’re comfortable that the amount we’re offering for consumers is more than what the High Street stores promote.”

Trade Your Games is not the first company to buy and sell pre-owned games, but it could become the first to provide retailers with an easy option of shifting unsold stock.

US-based switchgames.com allows players to trade titles with each other and price their games as they wish. A spokesperson told MCV:

Today, SwitchGames is limited to the US – however, we plan to launch internationally in 2010. We also provide sellers with the option of donating a percentage of their proceeds directly to video game publishers and developers.”