eBay has announced the launch of The Entertainment Shop, a dedicated marketplace for music, books, film and games.
Created to meet increasing consumer demand, the hub will house an extensive selection of new, catalogue and pre-owned music across all formats from brands and sellers around the world.
The Entertainment Shop promises value and range with an emphasis on new releases. Existing major sellers such as musicMagpie and Entertainment Alliance will also be enhancing their offers in line with eBay’s proposition.
eBay’s physical media offer will deliver lower listing fees to producers, wholesalers and B2C sellers seeking to connect with eBay’s 23 million buyers in the UK.
The platform will offer competitive marketplace fees, improved user experience and prime marketing and advertising opportunities to support a weekly cycle of new releases.
Driven by the resurgence of vinyl, eBay’s nventory of records and CDs has grown significantly in recent years. Nine CDs and four records are bought every minute on eBay in the UK.
Between July 31 2016 – July 31 2017, the site recorded more than 39m searches for vinyl records, an increase of 8m on the previous year. The same period yielded 42m searches in the music category.
Rob Hattrell, VP, eBay UK commented: “We want to be the destination for physical media in the UK driven by best value, unrivalled inventory and competitive seller fees. The first item ever sold on eBay UK was a Scorpions CD in 1999 for £2.89 and now we are home to some of the world’s largest suppliers of books, music, film and games. The launch of The Entertainment Shop is a natural progression for eBay that will offer brands and sellers of all sizes the opportunity to capitalise on the UK’s enduring appetite for physical media.”
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