Selling to Gamestop - How to Sell to Gamestop Stores!
Are you looking to get your product on the shelves of Gamestop? Karen Waksman, founder of Retail MBA, has some tips and strategies to help you get started.
With over 7,267 stores, Gamestop is a retail chain that sells video games and consumer electronics. Selling to this retailer can mean millions of dollars to your business and bottom line. However, due to the tremendous amount of competition, it can be difficult to get your product in the store.
Selling to Gamestop
The best way to get your product in Gamestop is to sell it to other retailers first and show proof of revenue and opportunity. This will make Gamestop interested in your product.
Every video game company is calling Gamestop, so they get access to the best of the best stuff and best prices. This means that Gamestop will reject you almost immediately if you don’t have proof of sales.
Therefore, it is important to reach out to other retailers who sell video games and get your product in there. Showing proof that these retailers got your product in their stores will make Gamestop interested in your product.
It is also important to consider that Gamestop has locations in Australia, New Zealand, and Europe. If you get rejected by Gamestop in the United States, you can try reaching out to the other locations. They typically have different buyers with different budgets.
Finally, it is important to note that Gamestop stores are on the smaller side. This means that they are aware of every single unit in their store. Therefore, it is important to have an excellent story and show that your product will make them money.
Getting Started With Selling to Gamestop
Selling to Gamestop can be a great way to make money with your product. However, it is important to remember that there is a lot of competition and you need to show proof of sales.
Reaching out to other retailers and getting your product in their stores is the best way to get Gamestop interested in your product. It is also important to consider the other locations in Australia, New Zealand, and Europe.
Finally, it is important to remember that Gamestop stores are on the smaller side and they are aware of every single unit in their store. Therefore, it is important to have an excellent story and show that your product will make them money.
For more information on how to approach, pitch, and sell to Gamestop and other retail chains, visit Retail MBA.
Transcript Outline for This Selling to Gamestop Training Video
GameStop Corporation is a massive retail chain that specializes in video games and consumer electronics. With over 7,267 stores, it boasts an unparalleled buying power in the industry. However, as Karen Waksman, founder of Retail MBA, points out, selling your video game product to GameStop can be quite challenging due to the intense competition among your peers. This article provides a guide on how to sell your products to GameStop, and it begins with exploring ways to get your products into other retailers first.
The first step in approaching GameStop is to reach out to other retailers that sell video games and get your products on their shelves. This approach helps to show proof of revenue and opportunity, which can then be used to convince GameStop to accept your products. By doing this, you demonstrate that other retailers have approved your product and are selling it successfully. GameStop will take note of this and become interested in your product. As Waksman suggests, Walmart and other retailers should be your primary targets. However, it’s essential to focus on retail chains that your competitors aren’t targeting to increase your chances of getting orders and sales.
Waksman notes that GameStop has different buyers in different countries, such as Australia, New Zealand, and Europe. So if you get rejected by GameStop in the United States, explore the other GameStop locations worldwide. They have different budgets, buyer preferences, and market needs. Therefore, you can tap into a new market and open up new opportunities for your business. By building relationships with these buyers, you can gain experience in selling your products in a different region and use that experience to approach the United States market again.
Another essential factor to consider is that GameStop stores have smaller locations, which means they’re very selective about what they stock. They have to be convinced that your product will make them money, so you need to have a compelling story that convinces the buyer that your product will sell. It’s crucial to emphasize that your product is not only functional but also profitable. The buyer wants to know that your product can help increase their revenue and profits.
To increase your chances of success with GameStop, Waksman offers a series of strategies to approach, pitch, and sell your product to GameStop and other retail chains. Her website, RetailMBA.com, provides free content, advanced content, live events, and certification programs to help entrepreneurs succeed in selling their products to retail chains.
In conclusion, selling your product to GameStop is a great opportunity to expand your business and increase your profits. However, the intense competition in the market requires you to approach the process strategically. Waksman’s advice emphasizes the importance of getting your product into other retail chains first and building a track record of success before approaching GameStop. This way, you can demonstrate proof of revenue and opportunity, which will make GameStop more receptive to your product. By emphasizing the profitability of your product and providing a compelling story, you can increase your chances of success 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! 🙂
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