TCGplayer Generates $10 Million in Gross Merchandise Value During Record Breaking Holiday Sales Weekend: Report
By Admin •
SYRACUSE, N.Y., December 16, 2021 – TCGplayer, the leading technology platform for the collectibles industry and operator of the largest online marketplace for trading card games, today released its first-ever Holiday Shopping Trends report, analyzing Black Friday 2021 shopping trends. As outlined in the report, during the holiday weekend spanning from Thanksgiving Eve to Cyber Monday, TCGplayer generated a record-breaking $10 million in gross merchandise value (GMV) with overall Black Friday 2021 sales volume increasing by more than 300% on a year-over-year basis.
“The explosive growth experienced across all product lines this Black Friday confirms that the collectible card market continues to grow with more hobbyists shopping on TCGplayer than ever before, spending more money per transaction,” said Aman Devgan, Chief Marketing Officer of TCGplayer. The Company’s data confirms that sellers who use TCGplayer’s tools outperformed the average seller on Black Friday, capitalizing on increased hobbyist demand.”
“We remain bullish on our industry outlook and will continue to make strategic investments in our team, technology and retail solutions that create a competitive advantage for our customers — hobbyists and sellers alike — guaranteeing that we not only grow with the market but also fuel its growth”, said Chedy Hampson, founder and CEO of TCGplayer.
Key Report Highlights
- Compared to 2020 Black Friday GMV levels, Magic: The Gathering grew by more than 100%, Yu-Gi-Oh! saw a lift of almost 230% and Pokémon saw an approximately 320% increase.
- Overall, hobbyist traffic increased by about 80% on an annual basis with the marketplace experiencing about 12 unique product searches per second.
- TCGplayer Pro Sellers enjoyed a more than 70% GMV increase compared to last year while sellers using Direct by TCGplayer experienced a GMV lift of approximately 125% on average.
- Direct by TCGplayer was used to facilitate 60% of the total products purchased on Black Friday 2021, with more than half a million cards authenticated in TCGplayer’s headquarters in Syracuse, New York.
- The top 10 best-selling singles by quantity for TCGplayer’s top product categories demonstrate that buyers are still searching for the latest releases, despite the slow return of in-person events.
About Direct by TCGplayer
Direct by TCGplayer revolutionizes the shopping experience. This consignment-style fulfillment service is built to save TCGplayer sellers time and resources, allowing TCGplayer to take on all aspects of order logistics, including shipping, fulfillment and customer service. When shoppers purchase products through TCGplayer’s Direct program, they have the ability to shop from thousands of local hobby stores around the country and receive all purchased products in one convenient package. Additionally, all Direct orders are shipped from TCGplayer’s headquarters in Syracuse, N.Y., and authenticated by a team of experts for rarity, condition and edition. Orders $35 or more ship for free. Visit https://store.tcgplayer.com/help/direct to learn more about Direct by TCGplayer.
About TCGplayer
TCGplayer is the leading technology platform for the collectibles industry. Founded as a digital media platform within the collectible hobby space, the Company has grown from its initial roots working inside Syracuse-based hobby stores selling comic books, sports cards, CDs, collectible cards, action figures, and tabletop games into an expansive e-commerce marketplace. TCGplayer develops applications and technologies that are revolutionizing the collectibles marketplace by connecting thousands of hobby and collectibles businesses with customers around the globe. The Company's e-commerce and data management tools power sales through physical stores, websites, mobile apps and the TCGplayer Marketplace. TCGplayer prides itself on creating a culture that fosters camaraderie, embraces diversity, and exudes passion and provides stock options to all of its employees. The Company has been ranked amongst New York State's 50 best employers and Fortune.com's top 100 companies for women in the U.S. and certified a Great Place to Work by our employees five years in a row.
CONTACT: press@tcgplayer.com