Retailer GAME has stated that second-hand will account for 25 per cent of its sales this financial year. That’s up from 21 per cent in 2009. The news comes as part of the firm’s interim statement, which revealed that GAME’s sales are down 8.8 per cent for the 44 weeks …
Read More »Pre-owned boom aids Total Disc Repair
The huge growth in the second-hand market has seen a surge in sales for disc repair specialists. Total Disc Repair, whose machines are used by Asda among others, claims there are almost 5,000 of its devices on the market. The spike in demand follows the need to clean recently traded-in …
Read More »Publishers right in pre-owned fight
LoveFilm has applauded publishers’ efforts to encourage new sales with the rise of second user charges. The inclusion of second user charges means rental copies of titles such as FIFA Online and UFC Undisputed 2010 will have limited functionality – but LoveFilm is happy to see games firms driving customers …
Read More »GAME boosts hardware trade-in deals
Both GAME and Gamestation are offering customers and extra 20 per cent on their normal trade-in price for anyone who hands over their old hardware between today (November 26th) and Thursday December 9th. As an example, the retailers will now offer 180 for a 160GB PS3 – until today it …
Read More »Why some gamers dont like pre-owned
A study by US analyst Cowen & Company has said that fear of buying a scratched disk, missing out on the in-game manual or simply the urge to own new goods is the key motivation behind those who dislike buying pre-owned games. In total 54 per cent of those who …
Read More »AC Brotherhood price roundup
The latest release in the Assassin’s Creed saga – which is doing brilliantly with critics – has sparked off yet another price war on the UK High Street. The headline price comes from HMV, which is selling the game for just 2.99 when customers trade-in a copy of last week’s …
Read More »Pre-owned claims 50% of GameStop profit
GameStop has revealed that sales of pre-owned game products accounted for 47.4 per cent of the company’s profit for the three months ending October 2010. In total pre-owned was worth $528.m, with profit of $250.2m. By comparison profit from new games reached $182.4m (21.7 per cent of the quarter’s total) …
Read More »Gran Turismo 5 for £4.99
Entertainment retailer HMV is to sell Sony’s Gran Turismo 5 for just 4.99 next week to any customer happy to trade-in a copy of Codemasters’ F1 2010 for PS3. The deal will run between the game’s release on Wednesday November 24th and Friday November 26th. The offer echoes the trade-in …
Read More »Pre-owned stand off is ridiculous
Publishers and retailers must get together and figure out a way of working together to tackle the dual problem of pre-owned and digital retail, Codemasters CEO Rod Cousens has stated. Pre-owned is regarded by a threat by publishers as they don’t see any returns from sales of used games – …
Read More »When retails pre-owned argument breaks down
Retail’s defence of pre-owned is a simple one. Consumers trade in their games so they can buy new ones. It helps inflate sales of newly released titles, and the specialist retailers all have stats to back up this claim, too. But unfortunately that argument has broken down now the likes …
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