Musicmagpie Overview
Looking for the best site to sell out your used products like CDs, DVDs, books, games, Blu-Rays, and tech without hassle then pay a visit at Musicmagpie.
The company has sold an estimated £125 million worth of used products and an increase of almost 26 percent from the previous year as per the report of the financial year 2017-2018.
How it got started?
It was originally launched out in garage by two friends; Steve Oliver and Walter Gleeson in Stockport.
They both managed to continue as online entertainment retailer with the most popular business in the world to be using eBay.
It started in 2007 and now employs 1,000 people, mostly in the local area to help run 24/7 “modern stock exchange” operation.
The two founders used to work together in the music industry and thus previously had the experience and knowledge about market opportunities regarding the bulk-trade-in model for CDs, DVDs, and games.
This helped them to start a new business in 2007 when the recession left many consumers seeking a fast and easy way to raise cash for their old disks.
Hence they first sold out was a refurbished copy of Abba’s Gold. With their efforts, the company grew rapidly, and the launch of its eBay store in 2011 helped them to stand in the international market serving 164 million consumers.
Now it has shown tremendous success by boasting an annual turnover of £100m with an office in Macclesfield and operating the business of exports to buyers in 140 countries around the world.
What makes them popular?
They stated with rapid growth in the first few years but the real taste of success came with a launch on eBay providing a huge marketplace for collectibles to customers.
Their popularity can be ranked from a trust which they put forth to deliver an exceptionally high quality used product with exceptional customer service. This all ultimately provides confidence to consumers that they are shopping with a reliable seller.
How to use the site?
They provide a hassle-free and easy way to get paid for your stuff. You just need to check for your price and then pack the items inbox for sending it without any fee.
They make you pay for the stuff and have paid over £160 million to over 4 million happy customers.
In the end, they are the world’s biggest reseller of physical media as their bread and butter are albums of a bygone era. In 2017, it started buying pre-owned books and now receives 10,000 every day.
References
https://twitter.com/musicmagpie?lang=en
https://www.linkedin.com/company/musicmagpie
https://www.musicmagpie.co.uk/sell-mobile-phones/sell-my-iphone/