Most of us 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 handle used games sales. GameStop along with its friends’ make a majority of their profits on the used gaming market, by letting us trade within our used games and selling them for cheaper. Customarily, Gamestop Hours will help 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 less than full price. Now is that fair? No but which is for another day, today we are going to discuss GameStop after Digital Downloads.
GameStop has earned a yearly profit that is certainly worth as much as $1.8 billion per year, mainly due to the selling and reselling of used merchandise, as well as the developers only get compensated once. Therefore the developers and also the gaming companies have found a way so they can maximize their profit, to make the games cheaper for your gamers. This move may be what exactly is have to help combat from the rapid decline in video games sale. To aid quell the assumption the used games don’t hurt the developer profit, GameStop has gone on record, saying that 70% from the profits of used games go back to the buying new games, but what will happen when that stops? How will they have the ability to keep up with 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 probably be by far the most profitable.
GameStop has been doing a couple of things that to keep in front of the curve, it provides started eating iPod and iPhones and selling them used. This is in direct correlation using the new consoles push for digital games and DLC. This is a smart move ahead their part, and offers them a huge 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 Address will gain revolving profit. As long as consumers cwuwge their bill every month, GameStop will get a check. What exactly will GameStop become?
It seems like like GameStop is preparing to change their brand over to become “used stop”. UsedStop is a place where you can trade in your used gaming and electronics. People should be able to trade within their old TV, computers, Blu-Rays Player, as well as others to get all the new products that might be coming out. UsedStop will keep to its old philosophy and definitely will change their products and services to hit all spectrums and stay a force in the retail game. I believe that UsedStop will still stay gaming oriented, with all the game informer and gaming products, but must change using the times to keep relevant, i.e. RadioShack.
With all of that being said downloading games would be the way for the future and those that think the used game market will survive it won’t, and Gamestop Hours as well as its friends’ will change to remain in the current market. UsedStop within my mind will be the future for GameStop so check