AbundaTrade.com, Successful Start-Up, Catches Eye of Inc. Magazine, Fox Business News

Following up on the article featured in their June 2009 issue on promising upstart, AbundaTrade.com online buyer and reseller of CDs, DVDs, video games, and books, Inc. Magazine caught up with AbundaTrade founders Kent Wagner and Clayton Woodson to see how business has progressed. The evidence reveals a company in the driver’s seat on the road to success. 

By the end of 2009 AbundaTrade reported growth of greater than 60 percent for both sales and inventory, and they currently have a 25 percent increase in staff from one year ago. They are in the final stages of an expansion project that will more than double their capacity for warehousing and processing, providing greater logistics and efficiency. Improvements to the AbundaTrade website include easier navigation and upgrades to their unique, state-of-the-art trade calculator, which delivers real-time market values of the items users are considering for trade-in. Regarding the user experience, Woodson states, “We want AbundaTrade.com to be known as the No. 1 place for customers to sell their media collections.” 

It wasn’t just Inc. Magazine that took note of AbundaTrade’s positive trajectory. Wagner and Woodson were also invited to appear for an interview on Fox Business News channel’s “Small Companies, Big Ideas” show in September 2009. 

Much of AbundaTrade’s success can be attributed to several smart partnerships with both national and local suppliers. Regular shipments of used and overstock product from North American entertainment software retailers, Play N Trade, and the Charleston County Friends of the Library provide large amounts of higher value items for AbundaTrade to offer their customers. Additional acquisitions from the likes of Best Buy and Blockbuster round out the diversity of their inventory. 

Another successful partnership for AbundaTrade is due to their commitment to the re-Commerce movement, which encourages smarter consumer choices, such as purchasing used products to reduce waste and conserve natural resources. AbundaTrade staff learned that their local Whole Food Market participates in Preserve’s “Gimme 5” program for recycling #5 plastics, including most DVD cases. Much of the #5 plastics in the U.S. are simply thrown away because many communities do not have the capability to include them as part of their overall recycling programs. Arrangements have been made for AbundaTrade to deliver over 1,000 pounds of worn out DVD cases to the Whole Foods collection site each month. During the course of one year AbundaTrade, alone, will be diverting over six tons of plastic from landfills.  

AbundaTrade.com, based in Mount Pleasant, South Carolina, was launched in 2008 as an online buyer and reseller of used and overstocked new CDs, DVDs, video games, and books. Shipping is available throughout the U.S. and internationally. AbundaTrade guarantees the most value for CDs, DVDs, video games, and books online.