If you've tried to unload your used game collection at retailers like GameStop or Wal-Mart, you know that those retailers will pay almost nothing, if anything, for certain games. But the same is not true for new company Decluttr, which will buy any CD, DVD, or video game from anyone.
Fast Company profiled Decluttr recently and reports that the company pulled in revenue of $150 million globally last year from buying and selling media that no one seems to want.
The secret to Decluttr's success appears to be in the fact that they won't turn anything away. President Brett Lauter says that by accepting everything--including items that probably won't sell--they are bound to eventually hit upon something that will.
"The first CD you scan in may be another [Alanis Morissette's Jagged Little Pill]. If we say we’re not going to buy it, you may give up. We just lost you," Lauter said. "So we’re going to give you the minimum, 50 cents, because maybe your second one is Green Day’s Insomniac, and oh my gosh, this will sell quickly.”
Of course, you could sell your old games, movies, and CDs on eBay, but anyone who's gone through that process knows it can sometimes be a hassle. Decluttr aims to streamline the process, Lauter says. The amount Decluttr pays is based on a proprietary algorithm that factors in how many copies of an item are already in its warehouse, what the item sells for on Amazon or eBay, and how quickly it sells.
Decluttr hasn't done much marketing, but the company is already buying 10,000 items per day and Lauter said he expects the company will become profitable by the end of the year.
You can sell your games to Decluttr through the company's website or by downloading the iOS and Android mobile app that scans the barcode on the back of your game, DVD, or CD. The catch? All media needs to come with original artwork and you need to sell a minimum of 10 items per batch.
Decluttr currently accepts PlayStation 2, PlayStation 3, PlayStation 4, Xbox, Xbox 360, Xbox One, Nintendo Wii, Nintendo DS, Nintendo 3DS, PSP, and PlayStation Vita games. The company does not accept PC games. You can read more about Decluttr on its website.