Just three weeks ago, sales of Michael Jackson posters were nothing remarkable; whilst slight increases had been experienced due to the superstar’s upcoming comeback tour in London, England. However, in the three weeks since his tragic death, the race for Jackson memorabilia has been on. As a result, prices have soared as demand challenges supply.
As millions of fans across the world struggle to reconcile Jackson’s death, an equally high number of people are looking at the collective outpouring of feeling as a time to profit.
It is not just auction sites and their members where people are profiting however. Many poster distributors and retailers are welcoming the extra business, despite the tragic circumstances that have triggered it. A small company, Pyramid International in the UK, have had to take on extra staff to cope with demand.
Despite this additional personnel coming in, with the order book still full and added to daily, working around the clock is very much to be expected through the course of the working week.
A study of this company is interesting: Averaging sales of just 10, 000 Michael Jackson posters annually, they were hoping for a substantial increase with the “This Is It” tour taking place in the UK this summer. Sales have far outstripped even the most generous estimations however, with orders coming from across the globe.
Originally intended for sale throughout the, “This Is It” tour, in London, these rapidly modified Michael Jackson posters have proved the most popular.
The story is the same whichever country is studied.
It is not just the private companies that are making a profit from the untimely death of the King of Pop however. Whilst a high number of fans frantically try to get one final memento; one final celebration of the man, there are an equally significant number seeing the possibility of cashing in on their collections. Indicative not only of his appeal, but also how years of rumor and scandal have tarnished the man once cast in gold.
If you are willing to sell some of your old Michael Jackson posters, or some other memorabilia, it could be a welcome boost to help buy his unreleased music that is set to hit stores in the lead up the Christmas Holiday period this year.
