We are delighted to be
working with the excellent team
at NVM at such an exciting time for the business
Established in 2007 by co‐founders Steve Oliver (Group CEO) and Walter Gleeson (Group COO), musicMagpie.co.uk is the most popular recommerce website in Europe, providing consumers with cash for their unwanted CDs, DVDs, games and electronics.
The company’s website and mobile apps mean that anyone can easily take part in recommerce activity and reap the benefits – from making a little extra cash and freeing up valuable space in the home, to reducing the need for borrowing and minimising their impact on the environment.
What’s more, since it was established in 2007, musicMagpie has pushed over £63m of debt-free capital back into the economy, putting extra cash into the hands of consumers and fuelling further spending. It now has sales of c£75m per annum across the UK and US, establishing its US brand ‘decluttr.com’ in Atlanta during 2014. The UK business employs c800 people, primarily at its two distribution centres in Stockport and Macclesfield, where the business was founded.
www.musicMagpie.co.uk gives customers an instant reward value for their unwanted stuff using a smart valuation engine named ‘ALIVE’ and it now pays out 70% of the cash to consumers via bank transfer or consumers can choose to donate their cash to charity. Over 30,000 independently-collected and published reviews for musicMagpie on Feefo have earned the company a 96% overall customer excellence score.
We are very much looking forward to working with Steve and the team at musicMagpie to help them deliver the very clear strategies that the business has for the next stage of its growth