Sometimes, things that used to be niche hobbies explode in terms of popularity and become mainstream. This is what happened in the world of video games. A few decades ago, playing video games put you in a smaller club. Now, gaming looks to have taken over the world.
Some people play games to relax. Other people are professional gamers, winning millions of dollars each year. If you want to start a profitable business, reselling video games online can be a good idea.
Trade-In Tech is here to help make your journey into the world of wholesaling as easy as possible. First, we'll quickly discuss why it's beneficial to purchase wholesale lots. We'll also cover the most popular video game brands and sources to help you purchase inventory.
The Benefits of Buying Wholesale Video Games
If you're new to the world of wholesale electronics, you might not be aware of what makes this shopping style so beneficial. Buying wholesale goods is beneficial for a number of reasons. Here are the major advantages of buying wholesale video games.
Saving a Ton of Time
There are a ton of video games on the market. And we're just talking about new releases! If you throw in older used games, there are even more video games for sale online. While that's not a bad thing for a seller, it can be time-consuming to browse single-game listings.
If you want an easier way to save time, look for wholesale video games. Oftentimes, both people and companies post wholesale video games instead of listing them one by one. Sometimes, these listings can contain multiple copies of one game. Other times, wholesale video game listings will contain a mixture of game titles.
Easy to Bundle Items Together
If you become a video game reseller, you don't only have to sell video games. There's a ton of general merchandise that falls under the video game umbrella.
With that in mind, every video game must have a console to operate. Think of how a Blu-Ray disc isn't useful without a Blu-Ray player. A video game is only playable if someone has a console to play it on.
There are also a ton of video game accessories for sale online. It's always good to have controllers available for sale along with your games. Some companies even offer custom-made controllers for a customer who really wants something special.
The point we're trying to make by mentioning these accessories is that it's easy for you to bundle video game-related items. Buyers who are new to gaming might prefer having a console, controller, and video games bundled into one order.
Not Paying Retail Costs for Inventory
One of the major benefits of wholesaling involves the prices you come across. If you weren't aware, wholesale prices are typically far less than retail costs. These lower prices are great because they enable you to make a profit!
For example, let's say that you could resell a new video game for $40. You find a lot of wholesale video games for $200 that contain 10 copies of this popular game. If you resold each game separately at $40, you would make a $30 profit per sale.
If you sold all 10 copies of this game, you would make about $300 in total profit.
Of course, this can be the tip of the iceberg when it comes to wholesaling general merchandise. In the world of wholesaling, the amount of money you make depends on how much work you put into your new business.
Popular Video Games and Consoles to Watch Out For
One of the most important keys to success in the world of reselling consumer electronics involves knowing what's popular. Since the world of video games is so massive now, we're going to include popular brands and game series to watch out for.
Sony PlayStation
In the video game world, one of this company's giants is Sony. If you know a little bit about this industry, you're probably aware that Sony is the company behind the incredibly popular PlayStation.
As of right now, the Sony consoles everyone's after are the PlayStation 4 and the PlayStation 5. The PlayStation 5 is Sony's latest console, which isn't currently that easy to find available for sale.
The PlayStation 4 and the PlayStation 5 both give gamers more than enough to store games, videos, and more. The base PlayStation 4 comes with 500 gigabytes of storage space, with another model offering up to one terabyte of space.
If your customers are into virtual reality, you'll be glad to know that the PS VR is also available. This amazing VR headset features a 360-degree vision, taking your customer's games wherever they go. Plus, the PS VR offers amazingly clear 120fps visuals.
Part of the fun of reselling video games is entering this industry's huge market of used consoles and video games. Much like smartphone companies, these businesses often discontinue older consoles in favor of manufacturing newer ones.
If you can find the popular, but discontinued, Sony PSP, this would definitely be a console that's worth getting your hands on. This handheld console is popular among both collectors and people who enjoy handheld gaming.
Microsoft Xbox
Much like Sony, Microsoft has two main consoles available. These consoles are the Microsoft Xbox Series S and the Microsoft Xbox Series X. It's understandable if the names of these video game consoles seem a little confusing.
The main thing to keep in mind is that, in most cases, the Xbox Series S will be the cheaper console because it has less overall computing power. The Microsoft Xbox Series X is the more powerful console.
With all that said, there are still many reasons why the base Microsoft Xbox Series S has more than enough for your customers to enjoy. Installed with a custom SSD, gamers can enjoy minimal loading times (something nobody likes waiting on) while playing games on either Xbox.
The newest Xbox Series X features an astounding 12 teraflops of processing power to help your customer's games look and perform their best. The Xbox Series X also includes components from AMD and RDNA.
Nintendo
Another huge name in the world of consumer electronics is Nintendo. Originally, this company started out making decks of cards and toys. However, it's now known as one of the largest gaming companies in the world.
For the past few years, the Nintendo Switch has been this company's most popular console. The Nintendo Switch features detachable controllers and screens, making it possible for your customers to play their favorite games just about anywhere.
Nintendo also manufactures a handheld console that is great for gaming on the go. Known as the Nintendo Switch Lite. This handheld console is small and lightweight, making it easy for your customers to carry with them.
While Nintendo doesn't produce these handheld consoles anymore, the Nintendo DS is another incredibly popular way to play video games. There are also a lot of collector's edition Nintendo DS consoles for sale online, some of which can make you serious money!
Another popular, older console from this company is the Nintendo Wii. This console used motion-controlled gaming to help bring digital worlds to life. If you can find these consoles for sale, you can have something great to offer budget gamers.
Computer Gaming
Nintendo, Sony, and Microsoft might be the leaders in the world of video game consoles. However, there is still a large percentage of people who prefer to do their gaming on computers.
Whether your customers own PCs or Macs, the market for computer gaming remains extremely popular. When it comes to computer-based gaming, you have two main options. You can offer general merchandise like computers that are capable of playing some video games.
Or, you can offer powerful gaming PCs and laptops to your customers. These types of electronics feature top-of-the-line processing power to play games without any lag or graphical problems.
VR Gaming
In the world of video games, there's a relatively new kid on the block known as virtual reality gaming. In the past, virtual reality gaming seemed like something you'd only see in science-fiction books or movies. But that’s no longer the case with devices like the Meta Quest, HTC Vive Pro, and the Valve Index on the market.
These electronics allow people to watch movies and play games in virtual environments. Paired with controllers, VR headsets are becoming popular ways to play games. Regardless of which brand you choose, it could be a very wise decision to have several VR headsets in your online store.
Mario
In most cases, your customers will need video games to go along with their new consoles. And, in the world of gaming, there's no name bigger than Mario. Chances are, you've played at least one game starring Nintendo's most famous plumber. From the United States to China, people around the world are familiar with Mario.
You can find Mario games exclusively for Nintendo consoles since this company is the one who created this iconic character. If your store resells Nintendo DS, Nintendo Wii, or Nintendo Switch consoles, it's definitely worthwhile to have games featuring Mario in your company's store. This video game character appeals to people of all ages.
Grand Theft Auto
Video games aren't just for kids anymore. With that in mind, many adults buy the latest copy of the Grand Theft Auto series of video games. If you want to sell video games, it's a good idea to have Grand Theft Auto games available for your customers.
This controversial series of games began in 1997 with the release of Grand Theft Auto. However, most people remember this series of games gaining a lot of momentum upon the release of Grand Theft Auto III in 2001. This series' current iteration, Grand Theft Auto V remains one of the top-selling video games of all time.
Lego Games
What once was (and still is) a popular brand of toys, Lego has also made quite a name for itself in the worlds of consumer electronics and gaming. Almost every major franchise you can think of has recently been featured in a Lego video game, including Star Wars, Harry Potter, Marvel Comics, and Indiana Jones.
While these games might sound like they're aimed at children, the fact that these games have sold over 200 million copies shows that games like Lego Star Wars and Lego Marvel Super Heroes are popular with people of all ages. What's also great about this series of games is that, unlike the Mario series, you can find Lego titles available on almost every platform out there.
FIFA Series
There are also a lot of sports fans who shop for video games. If you want to appeal to fans of one of the world's largest sports, it's good to have FIFA video games available for soccer fans (or football, depending on where you live).
If you're not a soccer fan, you might not realize the massive popularity of this video game series. However, FIFA's line of video game titles remains one of the most popular series in the world. In fact, research shows that the FIFA series has sold over 325 million titles since its inception.
Whether your customers prefer to play games alone or with a friend, there's a lot for them to enjoy by playing the latest FIFA video game.
Where to Buy and Sell Video Games
Before you can start listing and selling video games or video game consoles, you need to know where to find them. If that's the case, you're in luck! Before you start your search for video games at wholesale prices, check out these sources below.
Trade-In Tech
Do you need a place to find video games, video game consoles, and other types of consumer electronics? If you answered yes to any of those questions, you will want to learn more about Trade-In Tech. Here are some of the main reasons why your business needs to be a Trade-In Tech member.
Video Games at Wholesale Prices
Because you're reading this post, it's likely that you're either thinking about or are interested in finding video games at wholesale prices. Fortunately, Trade-In Tech can make your search for video games and consoles much easier than normal. You can find and buy these items by checking out Trade-In Tech's Marketplace. Trade-In Tech's Marketplace is super easy to use. We have all of our listings separated into categories, making it easy and fast to find what you need.
Since our members (many of whom are wholesalers) set the prices for what they sell, you can rest assured that you'll find a ton of video games at wholesale prices. Whether you're looking for games by Electronic Arts, Warner Bros, Sony, Nintendo, or others, you can find them by becoming a Trade-In Tech member.
Best of all, Trade-In Tech is home to members from all around the world. Whether you're looking for video games or consoles from the United States, China, or other markets, it's all possible on Trade-In Tech.
Zero Transaction Fees
As any buyer tries to build up their inventory, they're going to run into having to pay fees. Unfortunately, almost everywhere you go, it's hard to avoid fees and similar types of expenses. So, why do we mention this? Because we're happy to let you know that Trade-In Tech is one of the few platforms with no transaction fees.
We want you to enjoy working with the wholesalers, distributors, suppliers, retailers, and other sellers on our platform, not paying a bunch of fees. It doesn't matter whether you're buying one video game or a pallet of video game consoles, there are no transaction fees on our platform.
The Buyer's Request
Eventually, you might reach a time when you need that one special item. Whether it's a video game, console, or accessories, Trade-In Tech can help you find whatever you're looking for with a buyer's request.
By filling out one simple form, your business can send out a request that goes to every member of Trade-In Tech. This incredible feature can make your search for a specific item or items much easier than normal.
But how does the buyer's request work? After joining Trade-In Tech, you'll see a Buyer's Request option. After you go to that page, you'll be able to create your request. It's good to be as specific as possible in your request. Once you let our network of sellers know what you're looking for, it immediately gets distributed to our members.
Trade-In Tech's Verification Process
Before you buy anything online, it's understandable to want to make sure you're working with someone you can trust. To help you out, Trade-In Tech requires that all new members complete our verification process. This process requires applicants to provide references and other basic information. By doing this, we're doing our part to always make sure our members remain safe from scammers.
Worried about something happening after you join our platform? Don't. Trade-In Tech has a support team that's working hard around the clock to monitor our platform.
Easy to Network With Other Members
Buying video games at wholesale prices is great. But it's also beneficial to network with potential business partners. Fortunately, you can accomplish both of these goals on Trade-In Tech. While you're not buying games, our social platform makes it easy to gain access to new markets and get tons of help managing your business.
Our platform is home to sellers, retailers, suppliers, wholesalers, and distributors from across the world. But there's only one way to get this amazing value, and that's by becoming a member of Trade-In Tech.
Popular Auction Websites
Other potential sources of inventory for your business can include websites like eBay. Many people enjoy using eBay to sell a wide variety of items, including video games. If you have a good idea of how much popular games and consoles are worth, it's possible to get new inventory on this platform at a fair value.
While there are many legit distributors and retailers that are eBay members, it's not unheard of to encounter a scammer while using such a popular platform. To avoid this problematic situation, make sure you research the reviews and ratings of any sellers you're thinking about buying items from. By doing this, you can help ensure you don't run into any scammers posing as legitimate retailers.
We recommend using terms like video game lots when searching for inventory to start reselling. These listings can feature large quantities of video games in a single listing. This is great when you don't have the time to search for games one by one.
Local Sources (Flea Markets, Yard Sales, etc)
Sometimes, it doesn't hurt to check what video games and consoles are available nearby. After all, this means not having to ship anything or wait on things to arrive to you. Plus, there is often a wealth of older video games and consoles available for sale at flea markets and yard sales. Plus, these items are often dirt cheap!
While newer consoles and video games are great to find, there's nothing wrong with having slightly older hardware in your store. For instance, an older console like the Nintendo Wii can be a popular item for customers on a tighter budget. As mentioned earlier, people who love handheld consoles might buy a Sony PSP or similar, older handheld console from your store.
With that said, not everyone feels comfortable meeting people in person. There's also the possibility that there are not many good local sources for video games where you live. If that's the case, there's nothing wrong with finding and buying games and consoles online.
If you want to earn lots of money running a profitable business, you could achieve this goal by reselling video games and consoles. Once thought of as toys, video games have now become a mainstream activity that people from all walks of life enjoy. If you want to work with verified retailers, suppliers, and distributors to buy and resell video games, consider joining Trade-In Tech today.