Selling to Gamestop - How to Sell to Gamestop Stores!
If you’re interested in getting your product on the shelves of Gamestop, Karen Waksman, the founder of Retail MBA has some tips and strategies to help you kickstart your journey.
Gamestop, a chain comprising over 7,267 stores specializes in selling video games and consumer electronics. Securing a placement in their stores can potentially translate into gains for your business. However given the competition within the industry it can be quite challenging to get your product stocked by Gamestop.
Gamestop Potential
To increase your chances of success with Gamestop it’s advisable to sell your product through retailers and provide evidence of revenue and market potential. This will capture Gamestop’s attention. Make them more interested in what you have to offer.
Considering the number of video game companies vying for Gamestop’s attention they naturally have access to premium products at prices. Therefore if you lack any evidence of sales or market traction Gamestop may swiftly reject your proposal.
Henceforth it becomes crucial to establish partnerships with retailers who also sell video games and successfully place your product on their shelves. By demonstrating that these retailers have embraced and sold your product effectively you significantly enhance Gamestop’s interest in considering your offering.
Gamestop Locations
Lastly, but importantly worth noting is that Gamestop operates locations not within the United States but, in Australia, New Zealand and Europe.
If you happen to face rejection, from Gamestop in the United States it’s worth exploring branch locations as they often have buyers and budgets.
It’s worth noting that Gamestop stores are relatively small which means they closely monitor every item within their inventory. Therefore it’s crucial to present a story and demonstrate how your product can generate profits for them.
Selling to Gamestop
Getting started with selling to Gamestop can be an opportunity for your product. However keep in mind that competition is fierce so providing evidence of sales is essential.
To capture the interest of Gamestop consider reaching out to retailers and getting your product sold in their stores. Also don’t overlook the potential of expanding to regions like Australia, New Zealand and Europe.
Lastly remember that Gamestop stores have limited space and meticulously track their inventory. So make sure you have a captivating narrative showcasing how your product can bring them success.
For guidance, on approaching, pitching and selling to Gamestop or other retail chains visit Retail MBA.
Transcript Outline for This "Selling to Gamestop" Training Video
GameStop Corporation is a known chain that specializes in selling video games and consumer electronics. With a number of 7,267 stores GameStop holds influence, within the industry. However according to Karen Waksman, founder of Retail MBA, it can be quite challenging to sell your video game products to GameStop due to competition among your peers. This short video training, offers a guide on how to approach GameStop for product placement starting with the strategy of getting your products into other retailers first.
To begin with it’s important to establish relationships with retailers that also sell video games and secure placements for your products on their shelves. This approach serves two purposes; firstly it provides proof of revenue and opportunity which can then be used as leverage when approaching GameStop. By demonstrating that other retailers have embraced and successfully sold your product you catch the attention of GameStop who becomes more interested in what you offer. As suggested by Waksman targeting chains like Walmart and others should be a priority. However it’s crucial to focus on targeted retail chains where competition might be less intense in order to increase your chances of securing orders and driving sales.
Buyers in Various Countries
Waksman points out that GameStop has buyers in countries such, as Australia, New Zealand and Europe.
If you face rejection, from GameStop in the United States it’s worth exploring GameStop locations around the world. These locations have budgets, buyer preferences and market demands. This presents an opportunity to tap into markets and discover possibilities for your business. By establishing relationships with these buyers you can gain experience in selling your products in regions and leverage that experience when approaching the United States market again.
Another crucial aspect to consider is that GameStop stores are relatively small which means they are highly selective about what they stock. They need evidence that your product will be profitable for them. Therefore it’s essential to present a story that persuades the buyer that your product will sell well. Emphasize not the functionality of your product but its potential profitability. The buyer wants assurance that investing in your product will lead to increased revenue and profits for them.
To enhance your chances of success with GameStop Waksman provides a range of strategies on how to approach, pitch. Sell your product effectively to GameStop and other retail chains. You can find resources on her website RetailMBA.com such, as content, advanced material, live events and certification programs designed to assist entrepreneurs in successfully selling their products to retail chains.
Selling to Gamestop
In conclusion if you’re looking to expand your business and boost your profits selling your product to GameStop presents an opportunity. However given the competition, in the market it’s crucial to approach the process. Following Waksman’s advice it is recommended that you first focus on getting your product into chains and establishing a track record of success. This way you can showcase evidence of revenue and potential which will greatly enhance GameStops receptiveness towards your product. By highlighting its profitability and weaving a captivating narrative, around it you’ll significantly increase your chances of succeeding with GameStop.
Step-by-step training on how to sell to major retailers
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In this training, I will discuss some of the things to think about when approaching a retailer to sell your products and become a vendor. Hope it helps! 🙂
Karen Waksman,
Retail MBA
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