We all know that the digital age upon us, and with the new generations of consoles pushing to go digital, I was wondering what is going to happen to video game retailers like GameStop and PlayNTrade, who mainly deal with used games sales. GameStop and its friends’ make most their profits on the used gaming market, by allowing us trade within our used games and selling them for cheaper. Customarily, Gamestop Locations Near Me will allow you to trade in a new release, and receive not even half of the price back, and then turn around and sell it 5 dollars lower than full price. Now is that fair? No but that is for an additional day, today we will discuss GameStop after Digital Downloads.
GameStop has earned an annual profit that is certainly worth approximately $1.8 billion annually, mainly as a result of selling and reselling of used merchandise, as well as the developers only receive money once. Therefore the developers and the gaming companies have found a way to allow them to maximize their profit, and make the games cheaper for the gamers. This move may be what is need to help combat against the rapid decline in video games sale. To help quell the assumption that the used games don’t hurt the developer profit, GameStop has gone on record, saying that 70% in the profits of used games go back into the buying new games, but what will happen when that stops? How can they be able to maintain the well-oiled machine that is certainly GameStop? Well that knows there are numerous of ideas which i have only one generally seems to stick out, and to me it will be by far the most profitable.
GameStop did a couple of things that to stay in front of the curve, it provides started eating iPod and iPhones and selling them used. This is in direct correlation with all the new consoles push for digital games and DLC. This is a smart move on their part, and gives them a huge profit margin using the selling of used Apple products. It has additionally been confirmed by TGA that they can be selling mobile phone plans in the future. With incorporating selling of cellular phones, Gamestop Contact can gain revolving profit. As long as consumers cwuwge their bill every month, GameStop will receive a check. What exactly will GameStop become?
It seems like like GameStop is getting ready to change their brand over to become a “used stop”. UsedStop will certainly be a place in which you can trade in all your used gaming and electronics. People can trade in their old TV, computers, Blu-Rays Player, and others to get all of the new products that might be popping out. UsedStop will keep to the old philosophy and can change their goods to hit all spectrums and remain a force in the retail game. In my opinion that UsedStop will still stay gaming oriented, using the game informer and gaming products, but must change with the times to remain relevant, i.e. RadioShack.
With all of with that being said downloading games would be the way for the future and people who think the used game market will survive it won’t, and Gamestop Holiday Hours and its friends’ will change to remain in the marketplace. UsedStop in my mind will be the future for GameStop so look out