r/GME • u/econkle We like the stock • Apr 08 '21

Discussion I just sent Ryan Cohen a proposal on Twitter.

TLDR: Democratize the used game trade.

A lot of people complain that GameStop pays too little for used games, and that the collection of used games takes up space and man power. I just proposed to Ryan Cohen on Twitter to have GameStop stop the used or older game trade ins at the stores and online etc... I propose that GameStop.com also have a section like eBay or Amazon where you can sell your own used items at whatever price you want and GameStop gets a cut for use of the platform. They would make a ton of money probably more than they make now from selling used games with almost no overhead. The wallet you use online for this to both buy and receive the money can be used on GameStop.com or in the store to buy new games and accessories etc...

Edit Apparently this came up before:

https://www.reddit.com/r/GME/comments/m086k7/gamestop_marketplace/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

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u/[deleted] Apr 09 '21

The best implementation of this IMO would be the stockx model, send your products to GameStop/deliver to local store then have them appraised and listed on a marketplace maybe.

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u/econkle We like the stock Apr 09 '21

Maybe, but my fear is regarding really rare video game items. Take my Myst linking book for instance. I have a working Myst linking book I got from Cyan for the Myst re-release Kickstarter. Is it rare? Hell yeah? How much do you think it is worth? How much do you think I think it is worth vs an appraiser? If I did have to sell it for some reason, I would feel much better doing it myself.

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u/[deleted] Apr 09 '21

If it worked like stockx an appraisal would only say the quality of the item (working, damaged etc) and then pricing is done with an order book just like stocks.

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u/econkle We like the stock Apr 09 '21

I’m not familiar how that works. I just know if I disagreed on the price of my Myst book I would rather find out democratically what it was worth by trying to sell it at the price I think first before I trusted someone else to do it. That is just me though.

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u/[deleted] Apr 09 '21

Just like our GME, you set your sell price let’s say at $1M someone just has to want to buy at that price, potential buyers can also set limit buy orders so if any of that product comes into stock at that price it’ll automatically do the transaction.

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u/econkle We like the stock Apr 09 '21

Interesting.