JJGames: Used Games Market Worth $2 Billion

July 22, 2010

Denver-based used games retailer JJGames calculates that the used games business is worth about $2 billion USD. With all the talk of big publishers trying to find new ways to monetize a market dominated by the likes of GameStop, it is pretty interesting that new game sales for various platforms including PC are $20.2 billion USD, according to NPD Group figures for 2009.

According to research from JJGames, presented as an "infographic" and available on IndustryGamers, 47.3 million people buy used games every year; in 2008, Gamestop - the largest purveyor of used games sales - 23 percent of sales were from used games and it generated 42 percent of the company's profits, while 25 percent of new games sales generated 45 percent of the company's sales revenue. These revenues are based on an average used game price of $20 and an average new game price of $43.83.

You can check out the chart at IndustryGamer. Sources for the data are listed on the infographic, but JJGames' methodology for arriving at the chart's conclusion were not revealed.

Posted in

Used game trades

Comments

Re: JJGames: Used Games Market Worth $2 Billion

Submitted by ZippyDSMlee on Thu, 07/22/2010 - 12:51.

Take out the use game amrket and how much money has the new game market lost? Quite alot if you ask me..................

I have a dream, break the chains of copy right oppression! http://zippydsmlee.wordpress.com/2010/05/21/cigital-disobedience/

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Re: JJGames: Used Games Market Worth $2 Billion

Submitted by tetracycloide on Thu, 07/22/2010 - 17:29.

That's like saying publishers loose money because there are other publishers in the market. Of course they're not making as much money as they could if they had a monopoly, that's the whole point of allowing a used market: to keep prices fair for consumers and to assure them fair market value for their property.

my vanity is justified

Re: JJGames: Used Games Market Worth $2 Billion

Submitted by ZippyDSMlee on Fri, 07/23/2010 - 09:51.

Errr....I am saying the used game market opens up more possibilities to buy new games and without it you will lose money because you lose more potential sales than gain with people only buying new.

I have a dream, break the chains of copy right oppression! http://zippydsmlee.wordpress.com/2010/05/21/cigital-disobedience/

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http://zippydsm.deviantart.com/

Re: JJGames: Used Games Market Worth $2 Billion

Submitted by tetracycloide on Fri, 07/23/2010 - 11:17.

I reread it. It makes much more sense now with your clarification. Sorry.

my vanity is justified

Re: JJGames: Used Games Market Worth $2 Billion

Submitted by ZippyDSMlee on Fri, 07/23/2010 - 18:50.

Is cool I am a wee bit incoherent half the time :P

I have a dream, break the chains of copy right oppression! http://zippydsmlee.wordpress.com/2010/05/21/cigital-disobedience/

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http://zippydsm.deviantart.com/

Poll

Shout box

ZippyDSMlee: Something I did by hand on my convertiable laptop, http://zippydsmlee.deviantart.com/art/Cotlop-zelda-unfinished-sketch-WIP-finish-373937163 forgot if I posted it befor.06/19/2013 - 7:44pm

Conster: Also, I guess The War Z changed its name so they can scam some more people?06/19/2013 - 7:44pm

Conster: AE: when even HuffPo makes the same joke, it's not something you want to take credit for. :P06/19/2013 - 7:43pm

Andrew Eisen: Hey look! The War Z changed its name to Infestation: Survivor Stories. http://infestationmmo.com/06/19/2013 - 7:23pm

Andrew Eisen: You're going to have a lot of company in prison, RedMage. Most of the internet has stolen MY joke. Bastards!06/19/2013 - 7:06pm

RedMage: The cover art thing points to an industry trend of only wanting to appeal to teen boys despite the talk of "broadening the appealz"06/19/2013 - 6:17pm

RedMage: I'd like to turn myself in for unintentional theft of a joke. Ignorance of the law is no excuse :o06/19/2013 - 6:17pm

Andrew Eisen: Remember the fight to get Last of Us's Ellie on the game cover? Check this out: http://cheezburger.com/758618624006/19/2013 - 6:12pm

Andrew Eisen: RedMage - Thief! You stole my joke! You're a horrible, loathesome person! Or you simply had the same idea and didn't read my earlier shout!06/19/2013 - 5:35pm

RedMage: Maybe they're going to rename it the Xbox 18006/19/2013 - 5:26pm

IanC: Bet EA are pissed.06/19/2013 - 5:17pm

Andrew Eisen: Ah, James is just a little quicker on the keyboard than I!06/19/2013 - 5:07pm

Craig R.: Too little, too late.06/19/2013 - 4:52pm

DorthLous: PWAHAHAHAH, the MS spinning sound woke me up :)06/19/2013 - 4:27pm

Andrew Eisen: Microsoft's new console shall now be known as the Xbox One-Eighty.06/19/2013 - 4:17pm

Andrew Eisen: I imagine we were typing our respective shouts at the same time.06/19/2013 - 4:14pm

MaskedPixelante: So Andrew... is there going to be a new poll now? I mean, the one about the XBO DRM is kinda no longer relevant.06/19/2013 - 4:13pm

Andrew Eisen: In light of Xbox One's furious backpeddling on its DRM policies, I'm closing the poll for now. I'll probably write a new one later today or tomorrow.06/19/2013 - 4:11pm

IanC: Found three people whining about this so far. Saying that its because of cheapasses and that its going to be horrible online now. W T and indeed F.06/19/2013 - 4:09pm

Andrew Eisen: Technogeek - I agree but: "After a one-time system set-up with a new Xbox One, you can play any disc based game without ever connecting online again." Why do I need to connect online to set up a system I'm not going to use online?06/19/2013 - 4:07pm

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