We all know that the digital age upon us, and with the new generations of consoles pushing to go digital, I was wondering what will happen to video game retailers like GameStop and PlayNTrade, who mainly cope with used games sales. GameStop and its friends’ make a majority of their profits on the used gaming market, by letting us trade in our used games and selling them for cheaper. Customarily, Gamestop Store Near Me will allow you to trade in a new release, and receive not even half of the price back, and then change and sell it 5 dollars lower than full price. Now is that fair? No but that is for an additional day, today we are going to talk about GameStop after Digital Downloads.
GameStop has earned a yearly profit that is certainly worth as much as $1.8 billion a year, mainly because of the selling and reselling of used merchandise, as well as the developers only get compensated once. And so the developers as well as the gaming companies have found a means so they can maximize their profit, and make the games cheaper for the gamers. This move might be what exactly is need to help combat from the rapid decline in video games sale. To help quell the assumption that this 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 have the capacity to maintain the well-oiled machine that is certainly GameStop? Well who knows there are lots of of ideas i have only one appears to stick out, and to me it will probably be by far the most profitable.
GameStop did a couple of things that to remain in front of the curve, it has started consuming iPod and iPhones and selling them used. This really is in direct correlation with the new consoles push for digital games and DLC. It is a smart move on their part, and provides them a large profit margin with 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 Headquarters can gain revolving profit. As long as consumers cwuwge their bill on a monthly basis, GameStop will get a check. Just what exactly will GameStop become?
It seems like like GameStop is preparing to change their brand over to turn into a “used stop”. UsedStop will certainly be a place that you can trade in your used gaming and electronics. People will be able to trade within their old TV, computers, Blu-Rays Player, yet others to have each of the new items that might be being released. UsedStop will keep to its old philosophy and can change their products to hit all spectrums and remain a force in the retail game. I think that UsedStop will still stay gaming oriented, with the game informer and gaming products, but must change with the times to stay relevant, i.e. RadioShack.
With that being said downloading games will be the way for the future and those that think the used game market will survive it won’t, and Gamestop Hours Saturday as well as its friends’ will change to remain in the marketplace. UsedStop within my mind could be the future for GameStop so look out