GameStop dismisses Amazons pre-owned move

With GameStop’s

share price slipping

following the announcement of

Amazon’s entry into the pre-owned games market

, CEO Dan DeMatteo has dismissed the online retailer’s second hand ambitions.

I give the probability of this working at zero,” DeMatteo told Edge. While customers wanted to buy a new, say, Killzone 2, they weren’t going to wait the week or two weeks it took to get the credit, then buy Killzone 2. They want Killzone 2 the day it comes out. They need the money and the credit right now.”

GameStop once trialled a similar scheme but abandoned it after a low level of consumer uptake.

Electronics Boutique also tried it and failed,” he added. There’s no consumer acceptance. With consumers, there is immediacy for currency when they want to buy a new game. It didn’t work for us, and I can’t see it working for them.”

About MCV Staff

Check Also

Ubisoft employees condemn the industry’s “culture of abuse” in open letter, accuse Yves Guillemot of “sidelining” their demands

"Ubisoft continues to protect and promote known offenders and their allies"