Kevin Hicks was a former employee of a Manhattan-based video game shop. He is a self-described “geek”, who has a passion and interest in history and games. Before opening his video game store in Muscle Shoals, Ala., he had planned to partner with a friend. In the beginning, they sold games to each others and at flea market to make extra money. After moving to midtown, their business began to slow down. Hicks spoke out to Entrepreneur about purchasing Earthbound books for his friend. In case you have almost any questions relating to where in addition to how to make use of gaming store near me, you are able to e-mail us with the web-site.
Breaking street dates for videogames is a problem because publishers and distributors have become more strict. They often have formal processes to prevent stores from violating these dates. In recent years, one store even got a $49 rate, but it had to buy hundreds of copies at a time. These large orders were too much for most shops. Other costs include shipping, payroll, and credit card processing fees. You can imagine that the video game industry has many challenges.
Knowing your target market is key to success in the videogame business. To find out what makes your store stand out among the rest, research your local competitors. What unique selling points make you a better shop? Offer lower prices for used games and create a mailing list. You could even open a small arcade with vintage gaming machines. A videogame store that uses national advertising and corporate support will get an edge over the competition.
While the trend toward digitalization and online shopping is a challenge, one Portland video game store has thrived. Side Quest, a store on Hooper Avenue owned by Josh Hamblin, has managed to survive the threat from big box competition while remaining profitable. His new venture has even led him to quit his day job as a car salesman. The store was able to survive in difficult economic times.
Although many customers fondly remember their local videogame stores, there will be more online gamers looking for the latest titles. As more digital games become available, retail costs will rise. As a result, the profits won’t always equal the costs. It is important to figure out how to do the math. There are many examples of successful video game stores around the country. There are roughly 5,000 small game shops in the United States.
Astorina is responsible for overseeing the inventory of more than 20 years. Astorina keeps the Facebook page updated weekly. Videogame sales have increased dramatically since Hurricane Sandy. People used to prefer online shopping over visiting physical stores a few years back. But the future is brighter for gamers with more ways to purchase games than ever. Astorina is optimistic that this trend will continue.