Posts Tagged ‘gamestop’

PostHeaderIcon Q&A: How to Start up A VideoGame Business like gamestop or Gametraders?

Question by Jordan: How to Start up A VideoGame Business like gamestop or Gametraders?
Like how would i go about getting the money i have at the moment 60,00 dollars would that be halfway there or do i need a lot more?
Thank You 5stars for the top answer!

Best answer:

Answer by Exeter
To be honest, that’s not a good business to get into. You would need to offer a service that customers can’t get elsewhere.

Big retailers like Gamestop, Best Buy, etc. have buying power. They have so much market share that they can demand lower prices from game publishers. Your little store doesn’t have that buying power, so you can’t possibly compete with the big retailers on price. Plus, video games are increasingly being sold digitally directly from the publishers. That doesn’t leave much room for an independent video game retailer.

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