| General and Gaming > Classic Video Games |
| Retro collecting is dying! |
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| Warmsignal:
@OP I think the shriveling of forums is basically just due to Facebook soaking up all internet traffic. First there were Internets, now there is Facebook. Facebook Facebook Facebook, what's so great about it? Humbug. |
| teck:
I'm going to call shenanigans on this retro is dying thing by simply citing my job as an example.... In 2010 the store I work at was opened on August 19 at 11:05 in the morning.... I started working for the owner in April of 2011.... I was the only employee for a period until February of 2012.... We now have 3 locations and we're worried that we can't stock fast enough.... We have consistently sold more games than we buy with November of 2013.... Every year since the first we have made significantly more money each month than the year before.... We're likely to go out of business only because our supply can't keep up with our demand.... Granted I'm hoping this is just a trading lull and that it'll pick back up, but around here there are more collectors than ever.... |
| bikingjahuty:
--- Quote from: teck on March 14, 2014, 04:04:34 am ---I'm going to call shenanigans on this retro is dying thing by simply citing my job as an example.... In 2010 the store I work at was opened on August 19 at 11:05 in the morning.... I started working for the owner in April of 2011.... I was the only employee for a period until February of 2012.... We now have 3 locations and we're worried that we can't stock fast enough.... We have consistently sold more games than we buy with November of 2013.... Every year since the first we have made significantly more money each month than the year before.... We're likely to go out of business only because our supply can't keep up with our demand.... Granted I'm hoping this is just a trading lull and that it'll pick back up, but around here there are more collectors than ever.... --- End quote --- I am pretty close with some of the indi-game stores in my area and they've had similar problems, especially with more people buying then trading in, particularly with games prior to gen 5. Even with incentives like double trade in credit for SNES and NES games, nobody is trading them in. I think a lot of people are hoarding these games because they are either collecting or they are hoping the prices will go up more. I can't see this lasting forever, but retro collecting is definitely the most popular it has ever been. |
| Warmsignal:
--- Quote from: teck on March 14, 2014, 04:04:34 am ---I'm going to call shenanigans on this retro is dying thing by simply citing my job as an example.... In 2010 the store I work at was opened on August 19 at 11:05 in the morning.... I started working for the owner in April of 2011.... I was the only employee for a period until February of 2012.... We now have 3 locations and we're worried that we can't stock fast enough.... We have consistently sold more games than we buy with November of 2013.... Every year since the first we have made significantly more money each month than the year before.... We're likely to go out of business only because our supply can't keep up with our demand.... Granted I'm hoping this is just a trading lull and that it'll pick back up, but around here there are more collectors than ever.... --- End quote --- I hope you're not talking about Play N Trade. If you are, I wish you luck. As franchise stores, they have an unusually high failure rate and only typically last 3 - 5 years before shutting down with no help from overhead to keep games stocked or even have accesses to new releases. |
| teck:
--- Quote from: Warmsignal on March 15, 2014, 12:50:10 pm --- --- Quote from: teck on March 14, 2014, 04:04:34 am ---I'm going to call shenanigans on this retro is dying thing by simply citing my job as an example.... In 2010 the store I work at was opened on August 19 at 11:05 in the morning.... I started working for the owner in April of 2011.... I was the only employee for a period until February of 2012.... We now have 3 locations and we're worried that we can't stock fast enough.... We have consistently sold more games than we buy with November of 2013.... Every year since the first we have made significantly more money each month than the year before.... We're likely to go out of business only because our supply can't keep up with our demand.... Granted I'm hoping this is just a trading lull and that it'll pick back up, but around here there are more collectors than ever.... --- End quote --- I hope you're not talking about Play N Trade. If you are, I wish you luck. As franchise stores, they have an unusually high failure rate and only typically last 3 - 5 years before shutting down with no help from overhead to keep games stocked or even have accesses to new releases. --- End quote --- Oh dear god no.... In my state, ALL of them have gone out of business except one as far as I know.... We're no franchise.... Play N Trade's biggest problem is that they are attempting to compete directly with Gamestop too much.... They invest quite a bit into stocking new games and end up taking big hits on unsold stock.... We don't really stock much new unless it is requested.... I actually hired an ex-PnT employee and from what I gathered it seems that the owner over there was a decent enough business man, but knew nothing about the gaming industry specifically.... I presume this to be a continuous issue.... I monitor all our costs and sales and compare them to our previous years and I can see no signs of danger right now other than drying up stock.... Judging from a handful of other game stores over the years, I can say that the ones that saw success all managed to get into the black by the end of their first operating year and kept stable sales.... Even if there were not "great" sales, stability seemed to be a common factor.... |
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