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The 2009 eBay Holiday Video Game Grey Market Report - grey market - Kotaku
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href="http://web.archive.org/web/20100103100114/http://kotaku.com/tag/top/" title="Click here to read more posts tagged #top"><span class="hash">#</span>top</a>, <a class="tag" href="http://web.archive.org/web/20100103100114/http://kotaku.com/tag/uncharted2amongthievesfortunehunteredition/" title="Click here to read more posts tagged #uncharted2amongthievesfortunehunteredition"><span class="hash">#</span>uncharted2amongthievesfortunehunteredition</a> </td> </tr> </tbody> </table> </div> <div class="post-wrapper"> <h1><a href="http://web.archive.org/web/20100103100114/http://kotaku.com/5437760/the-2009-ebay-holiday-video-game-grey-market-report" class="top">The 2009 eBay Holiday Video Game Grey Market Report</a></h1> <div class="entry"> <div style="float: right"> <div style="margin: 10px 0 0 -10px;clear:both"> <script type="text/javascript">digg_skin = 'compact';digg_bgcolor = '#FFFFF9';digg_url = 'http://web.archive.org/web/20100103100114/http://kotaku.com/5437760/the-2009-ebay-holiday-video-game-grey-market-report';</script><script src="http://web.archive.org/web/20100103100114js_/http://digg.com/tools/diggthis.js" type="text/javascript"></script> </div> </div> <div style="clear: right;"></div> <!-- google_ad_section_start --> <p><a rel="lytebox" href="http://web.archive.org/web/20100103100114/http://cache.gawker.com/assets/images/9/2009/12/greymarketsales.jpg"><img src="http://web.archive.org/web/20100103100114im_/http://cache.gawker.com/assets/images/9/2009/12/500x_greymarketsales.jpg" class="left image500" width="500"/></a> While game publishers look to retail sales figures to gauge the success of the holiday season, let's take a look at how our favorite games and consoles performed in the shady back-alleys of eBay's 2009 holiday <a class="autolink" title="Click here to read more posts tagged #greymarket" href="http://web.archive.org/web/20100103100114/http://kotaku.com/tag/greymarket/">grey market</a>.</p> <p>It's that time of year again. Time to take a data dive into the heart of eBay U.S. to gauge how well the video game grey market fared during the holiday season. Rather than charting the sales numbers of a specific console, as I've done for the past three years with the Nintendo Wii, this year I'm presenting a broader overview of the eBay grey market, charting the sales for all major gaming platforms during the 30-day period beginning November 26th and ending on Christmas Day. I've compiled data on console sales, game listings, and some of the top-items passing through the popular auction website. If you want to know which platforms thrived, which handheld completely tanked, and the most successful video game-related item on eBay, then read on.</p> <p><strong>Console Sales</strong></p> <p>The table below presents a general overview of the sales performance of the major consoles and handheld systems during the month leading up to Christmas. I've listed the total sales in U.S. dollars, the number of items sold, the average selling price, and the sell-through percentage, which indicates the success of auctions posted for each specific product. Check out the table, and then we'll break things out by console.</p> <table width="100%" height="100%" cellpadding="3" border="0"> <tr> <td align="left" valign="top"></td> <td align="left" valign="top"><strong>Sales</strong></td> <td align="left" valign="top"><strong>Items Sold</strong></td> <td align="left" valign="top"><strong>Average Price</strong></td> <td align="left" valign="top"><strong>Sell-Through</strong></td> </tr> <tr> <td align="left" valign="top"><strong>PlayStation 3</strong></td> <td align="left" valign="top">$793,186</td> <td align="left" valign="top">2,548</td> <td align="left" valign="top">$311</td> <td align="left" valign="top">85.56%</td> </tr> <tr> <td align="left" valign="top"><strong><a class="autolink" title="Click here to read more posts tagged #xbox360" href="http://web.archive.org/web/20100103100114/http://kotaku.com/tag/xbox360/">Xbox 360</a></strong></td> <td align="left" valign="top">$972,774</td> <td align="left" valign="top">4,541</td> <td align="left" valign="top">$214</td> <td align="left" valign="top">85.27%</td> </tr> <tr> <td align="left" valign="top"><strong>Wii</strong></td> <td align="left" valign="top">$961,128</td> <td align="left" valign="top">5,053</td> <td align="left" valign="top">$190</td> <td align="left" valign="top">82.32%</td> </tr> <tr> <td align="left" valign="top"><strong>DS</strong></td> <td align="left" valign="top">$672,197</td> <td align="left" valign="top">5,217</td> <td align="left" valign="top">$129</td> <td align="left" valign="top">88.46%</td> </tr> <tr> <td align="left" valign="top"><strong>DSi</strong></td> <td align="left" valign="top">$547.833</td> <td align="left" valign="top">3,127</td> <td align="left" valign="top">$170</td> <td align="left" valign="top">90.56%</td> </tr> <tr> <td align="left" valign="top"><strong>PSP 1000-3000</strong></td> <td align="left" valign="top">$700,865</td> <td align="left" valign="top">4,335</td> <td align="left" valign="top">$162</td> <td align="left" valign="top">89.45%</td> </tr> <tr> <td align="left" valign="top"><strong>PSPgo</strong></td> <td align="left" valign="top">$57,233</td> <td align="left" valign="top">250</td> <td align="left" valign="top">$232</td> <td align="left" valign="top">76.47%</td> </tr> </table> <p><br> <br></p> <p><strong>PlayStation 3</strong></p> <p>The PlayStation 3 in all its varied incarnations sold the fewest number of consoles out of the big three this year, but that shouldn't be taken as a measure of the system's success. Indeed, if you look at the sell-through percentage, the PS3 comes out on top. That means there were less people selling, but plenty willing to buy. Since the launch of the PlayStation Slim earlier this year, Sony has maintained a steady supply of the consoles to retail outlets, and the abundance of available consoles equates less people looking for them on eBay.</p> <p>From a seller's point of view, that high sell-through figure means the PlayStation 3 comes out on top in terms of sales potential.</p> <p>The highest price PlayStation 3 auctions mainly consisted of limited edition consoles, including the <a href="http://web.archive.org/web/20100103100114/http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=350294747133&category=139971">Final Fantasy XIII bundle</a> recently released in Japan.</p> <p><strong>Xbox 360</strong></p> <p>The Xbox 360 brought in the most money of any console this holiday season, mainly due to its average price being slightly higher than the Nintendo Wii, which pushed more units overall. The Microsoft console's sell-through numbers were only slightly lower than the PlayStation 3. Between that figure and the larger number of consoles put up for sales, it seems like putting a new 360 up for sales is seen as a relatively safe bet among sellers.</p> <p>The Call of Duty: Modern Warfare 2 Xbox 360 bundle made up a large portion of the Xbox 360 sales during the period, with 322 of the consoles representing $126,924 worth of sales. The Infinity Ward-flavored bundle went for <a href="http://web.archive.org/web/20100103100114/http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=260517763771&category=139971">as high as $900</a>.</p> <p><strong>Wii</strong></p> <p>eBay sellers continue the love affair with the Wii that started with the console's 2006 holiday debut. The Wii was the top seller of the big three in terms of units sold, but the slightly lower sell-through rate indicates that there might have been a few too many up for sale.</p> <p>Also note that the average price for the Wii was $190, which is below the suggested retail price. Either sellers were taking advantage of discounts and sales, or they weren't making very much in the way of profits.</p> <p><strong>DS</strong></p> <p>The Nintendo DS managed to outsell the newer, more advanced DSi this holiday season, pushing more than 2,000 units beyond what Nintendo's latest North American handheld sold. A failure for the DSi? Not exactly. Take a look at the sell-through percentage and you'll see that the DSi has the largest number of any game console. eBayers wanted to buy them, but the sellers just weren't selling.</p> <p><strong>PSP</strong></p> <p>The PSP sold strong on eBay this holiday, with the PSP-1000, 2000, and 3000 generating more money than any other handheld, though the DS trumped them with sheer numbers.</p> <p>The top selling PSP was a used red God of War limited edition PSP, which <a href="http://web.archive.org/web/20100103100114/http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=160379813821&category=139971">went for $1,009</a>.</p> <p>Unfortunately, the PSPgo didn't fare nearly as well as its older brother. In fact, Sony's UMD-less alternative to the regular PSP performed abysmally, pushing only 250 units. It's not a factor of demand behind too high for supply either - the sell-through rate of 76.47% indicates that people simply weren't buying it.</p> <p>To help paint a more complete picture, let's compare units sold versus monetary sales. <a rel="lytebox" href="http://web.archive.org/web/20100103100114/http://cache.gawker.com/assets/images/9/2009/12/comparison.jpg"><img src="http://web.archive.org/web/20100103100114im_/http://cache.gawker.com/assets/images/9/2009/12/500x_comparison.jpg" class="left image500" width="500"/></a> If you look very closely, you'll notice that both graphs do indeed contain the PSPgo. You might need to zoom in.</p> <p><strong>Games With Legs</strong></p> <p>Now let's take a look at the games that traded this holiday season. This time around I took the top ten titles sorted by number of auctions, to see which ones were moving the most.</p> <table width="100%" height="100%" cellpadding="3" cellspacing="0" border="0"> <tr> <td align="left" valign="top"></td> <td align="left" valign="top"><strong>Number of Auctions</strong></td> <td align="left" valign="top"><strong>Average Price</strong></td> <td align="left" valign="top"><strong>Total Sales</strong></td> </tr> <tr> <td align="left" valign="top"><strong>Modern Warfare 2</strong> (Xbox 360)</td> <td align="left" valign="top">2,073</td> <td align="left" valign="top">$46</td> <td align="left" valign="top">$140,334</td> </tr> <tr> <td align="left" valign="top"><strong>Modern Warfare 2</strong> (PS3)</td> <td align="left" valign="top">1,709</td> <td align="left" valign="top">$50</td> <td align="left" valign="top">$115,460</td> </tr> <tr> <td align="left" valign="top"><strong>Wii Sports Resort</strong> (with 2 Motion Plus adapters)</td> <td align="left" valign="top">1,798</td> <td align="left" valign="top">$70</td> <td align="left" valign="top">$118,141</td> </tr> <tr> <td align="left" valign="top"><strong>Wii Sports</strong></td> <td align="left" valign="top">1,500</td> <td align="left" valign="top">$19</td> <td align="left" valign="top">$24,005</td> </tr> <tr> <td align="left" valign="top"><strong>Lego Batman + Pure Combo</strong> (Xbox 360)</td> <td align="left" valign="top">1,077</td> <td align="left" valign="top">$12</td> <td align="left" valign="top">$12,538</td> </tr> <tr> <td align="left" valign="top"><strong>New Super Mario Bros. Wii</strong></td> <td align="left" valign="top">950</td> <td align="left" valign="top">$53</td> <td align="left" valign="top">$53,461</td> </tr> <tr> <td align="left" valign="top"><strong>Uncharted 2: Among Thieves</strong></td> <td align="left" valign="top">926</td> <td align="left" valign="top">$53</td> <td align="left" valign="top">$53,661</td> </tr> <tr> <td align="left" valign="top"><strong>Call of Duty: World at War</strong> (Xbox 360)</td> <td align="left" valign="top">838</td> <td align="left" valign="top">$25</td> <td align="left" valign="top">$18.503</td> </tr> <tr> <td align="left" valign="top"><strong>Halo 3: ODST</strong></td> <td align="left" valign="top">716</td> <td align="left" valign="top">$40</td> <td align="left" valign="top">$31,197</td> </tr> <tr> <td align="left" valign="top"><strong>Left 4 Dead 2</strong> (Xbox 360)</td> <td align="left" valign="top">686</td> <td align="left" valign="top">$43</td> <td align="left" valign="top">$31,897</td> </tr> </table> <p><br></p> <p>Certainly not a surprising list. Modern Warfare 2 seems to be showing up at the top of any list as far as sales are concerned these days, and Wii Sports and Wii Sports Resort are two of the titles meant to showcase what the Wii can do, so those both sold in droves. World at War traded heavily, perhaps due to people swapping out the old for the new, and the Pure / Lego Batman combo disc packed inside select Xbox 360 consoles over the holiday season scores a tidy profit for those who received it for free.</p> <p>And Uncharted 2 making the list makes sense, but what about the extremely more expensive edition?<br> <img src="http://web.archive.org/web/20100103100114im_/http://cache.gawker.com/assets/images/9/2009/12/500x_fortunehunter.jpg" class="left image500" width="500"/><br> Forty-five of the ultra-rare <a class="autolink" title="Click here to read more posts tagged #uncharted2amongthievesfortunehunteredition" href="http://web.archive.org/web/20100103100114/http://kotaku.com/tag/uncharted2amongthievesfortunehunteredition/">Uncharted 2: Among Thieves Fortune Hunter Edition</a> made it onto eBay during the 30 days leading up to Christmas, but it seems some sellers set their hopes too high. Of the 45, only 24 sold, giving the package a 53.33% sell-through rate. The average price for the package was $891.52, with one going for as high as $1,136. Didn't get one? Maybe you should have made it to <a href="http://web.archive.org/web/20100103100114/http://kotaku.com/5400373/want-uncharted-2-fortune-hunters-edition-you-should-come-party-with-kotaku">Kotaku's Child's Play fundraiser</a> this year.</p> <p><strong>What People Look For In An Online Video Game Auction</strong></p> <p>Selling on eBay isn't just a matter of having a strong product, but being aware of what your prospective buyers are searching for and using <a class="autolink" title="Click here to read more posts tagged #searchterms" href="http://web.archive.org/web/20100103100114/http://kotaku.com/tag/searchterms/">search terms</a> accordingly. Let's see if this list of the top 10 search terms used in both the games and system category can help.</p> <table width="100%" height="100%" cellpadding="3" cellspacing="0" border="0"> <tr> <td align="center" valign="top" colspan="2"><strong>Top Ten eBay Search Terms For Games And Consoles</strong></td> </tr> <tr> <td align="left" valign="top"><strong>Consoles</strong></td> <td align="left" valign="top"><strong>Games</strong></td> </tr> <tr> <td align="left" valign="top">xbox 360</td> <td align="left" valign="top">street fighter 360</td> </tr> <tr> <td align="left" valign="top">playstation 3</td> <td align="left" valign="top">ninja gaiden 360</td> </tr> <tr> <td align="left" valign="top">wii</td> <td align="left" valign="top">bioshock 360</td> </tr> <tr> <td align="left" valign="top">psp</td> <td align="left" valign="top">beatles rock band</td> </tr> <tr> <td align="left" valign="top">ps3</td> <td align="left" valign="top">ps3</td> </tr> <tr> <td align="left" valign="top">nintendo ds</td> <td align="left" valign="top">lot</td> </tr> <tr> <td align="left" valign="top">xbox 360 console</td> <td align="left" valign="top">wii games</td> </tr> <tr> <td align="left" valign="top">wii console</td> <td align="left" valign="top">xbox 360</td> </tr> <tr> <td align="left" valign="top">nintendo ds lite</td> <td align="left" valign="top">wii</td> </tr> <tr> <td align="left" valign="top">xbox</td> <td align="left" valign="top">uncharted 2</td> </tr> </table> <p><br> <br> The console search terms are pretty much common sense. Let's face it - if you're selling an Xbox 360 and you forget to include Xbox 360 in the title, there's something wrong with you. As far as game search terms go, folks initially seem to be going for specific games, but then desperation sets in. You have to be pretty desperate in order to type "Wii games" into an eBay search page.</p> <p><strong>Wii Remotes Are The New Hotcakes</strong><br> <img src="http://web.archive.org/web/20100103100114im_/http://cache.gawker.com/assets/images/9/2009/12/500x_wiiremote.jpg" class="left image500" width="500"/><br> Finally we come to the hottest selling video game item of the holiday season. With 8,359 items sold between November 26th and December 25th, the Nintendo Wii remote is the hottest selling gaming item this holiday season, generating more than $202,000 for sellers over the course of one month. The remote, bundled with a nunchuck, a skin, and a wrist-strap is sold as a "Nintendo Wii Remote+Nunchuck Game Controller+Skin 4 SET," though counting the wrist strap as an actual item is a bit shaky. Still, with The New Super Mario Bros. Wii making four-player gaming fun on the Wii, its no wonder the controllers are flying off the shelves, onto resellers' shelves, and then back off of the shelves again.</p> <p><strong>Another Year Goes By</strong></p> <p>And there you have the 2009 holiday season, summed up in 30 days of eBay data. A look into what happens to games and consoles once they pass from retail into the hands of the wheelers and dealers that populate the world's largest online marketplace. Bids were sniped, Buy It Now items were pounced, and in the end, everybody got feedback. A++++! Would research again!</p> <p><em><strong>Methodology</strong><br> Statistics in the 2009 Grey Market Report were gathered using eBay market research tool <a href="http://web.archive.org/web/20100103100114/http://terapeak.com/">Terapeak</a>. Data was drawn for a 30 day period starting on November 26th and ending on December 25th. Console statistics were pulled directly from the Video Games / Systems subcategory to allow for mis-filed system listings, while game data was puled directly from the Video Game / Games subcategory. Console searches were limited to items in New condition, with a range of $100 to $1,000 used to ferret out accessories. 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width:550px;"> <div class="inner"> <h1>Reset Password</h1> <img class="siteIcon" src="http://web.archive.org/web/20100103100114im_/http://cache-foo.gawkerassets.com/gawker/assets/g4.kotaku.com/img/apple-touch-icon.png"/> <div class="content"> <p>Please enter your email address to have your password reset.</p> <form action="/web/20100103100114/http://kotaku.com/?op=emailpassword" class="presence_control cn_resetpw_form"> <div class="row"> <label for="resetpw_email">Email:</label><input type="text" id="resetpw_email" name="email" maxlength="255" class="validate valid_nonempty valid_email presence_control cn_resetpwemail"/> <div class="validationmessage email_validmsg msg_valid_nonempty" style="display: none;">Please enter your email address.</div> <div class="validationmessage email_validmsg msg_valid_email" style="display: none;">Please enter a valid email address.</div> </div> <div class="row"> <span class="menubar_login_indicator presence_control cn_resetpw_indicator" style="display: none;"><img width="16" height="16" alt="requesting password reset" src="http://web.archive.org/web/20100103100114im_/http://cache-foo.gawkerassets.com/gawker/assets/base.v8/img/progressIndicator_roller.gif"/></span> <input type="submit" value="Reset" class="presence_control cn_resetpw_submit"/> <input type="button" value="Cancel" class="presence_control cn_resetpw_cancel"/> <div class="presence_control cn_resetpwmessage"></div> </div> </form> </div> </div> </div> <!-- new user --> <div class="modal dialog register presence_control cn_register_dialog" style="width: 550px; 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Consult the <a href="/web/20100103100114/http://kotaku.com/commentfaq/" title="Comment FAQ" target="_blank">Comment FAQ</a> and <a href="http://web.archive.org/web/20100103100114/http://advertising.gawker.com/legal/" title="Legal terms" target="_blank">legal terms</a>.</p> <form action="/web/20100103100114/http://kotaku.com/?op=register" class="presence_control cn_register_form"> <input class="presence_control cn_register_invitecode" type="hidden" name="code" value=""/> <div class="row"> <label for="register_username">Username:</label><input type="text" id="register_username" name="username" maxlength="255" class="validate valid_nonempty presence_control cn_register_username"/> <div class="validationmessage username_validmsg msg_valid_nonempty" style="display: none;">Please enter a username.</div> </div> <div class="row"> <label for="register_password">Password:</label><input type="password" id="register_password" name="password" maxlength="255" class="validate valid_nonempty presence_control cn_register_password"/> <div class="validationmessage password_validmsg msg_valid_nonempty" style="display: none;">Please enter a password.</div> </div> <div class="row"> <label for="register_confirm_password">Confirm Password:</label><input type="password" id="register_confirm_password" name="confirm_password" maxlength="255" class="validate valid_nonempty valid_sameas-password presence_control cn_register_confirm_password"/> <div class="validationmessage confirm_password_validmsg msg_valid_nonempty" style="display: none;">Please confirm your password.</div> <div class="validationmessage confirm_password_validmsg msg_valid_sameas" style="display: none;">Passwords are not identical.</div> </div> <div class="row"> <label for="register_email">Email (not published):</label><input type="text" id="register_email" name="email" maxlength="255" class="validate valid_email presence_control cn_register_email"/> <div class="validationmessage email_validmsg msg_valid_email" style="display: none;">Please enter a valid email address.</div> </div> <div class="row"><label for="register_remember">Remember me on this computer?</label><input type="checkbox" id="register_remember" name="remember" class="presence_control cn_register_remember" checked="yes"/></div> <div class="row"> <span class="menubar_login_indicator presence_control cn_register_indicator" style="display: none;"><img width="16" height="16" alt="registration sent, waiting for reply" src="http://web.archive.org/web/20100103100114im_/http://cache-foo.gawkerassets.com/gawker/assets/base.v8/img/progressIndicator_roller.gif"/></span> <input type="submit" value="Register" class="presence_control cn_register_submit"/> <input type="button" value="Cancel" class="presence_control cn_register_cancel"/> <div class="presence_control cn_registermessage"></div> </div> </form> </div> </div> </div> <!-- anon comment panel - belongs to commentbox widget--> <div class="modal dialog guestpanel inputcontrol cn_guestpanel_dialog" style="display: none; width: 550px;"> <div class="inner"> <h1>Submit Your Comment</h1> <img class="siteIcon" src="http://web.archive.org/web/20100103100114im_/http://cache-foo.gawkerassets.com/gawker/assets/g4.kotaku.com/img/apple-touch-icon.png"/> <div class="content"> <div class="leftside"> <p>You don't need to login to comment. 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