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 along with its friends’ make most their profits on the used gaming market, by letting us trade in our used games and selling them for cheaper. Customarily, Gamestop Hours 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 under 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 which is worth up to $1.8 billion annually, mainly as a result of selling and reselling of used merchandise, and also the developers only get paid once. And so the developers and the gaming companies have found a way so they can maximize their profit, and 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 that this used games don’t hurt the developer profit, GameStop went on record, stating that 70% in the profits of used games go back to the buying new games, but what is going to happen when that stops? How can they have the capacity to maintain the well-oiled machine that is certainly GameStop? Well that knows there are many of ideas that I have only one appears to stick out, and also to me it will likely be the most profitable.
GameStop has done a couple of things that to stay ahead of the curve, it provides started eating iPod and iPhones and selling them used. This really is in direct correlation with the new consoles push for digital games and DLC. It really is a smart move on their part, and provides them a huge profit margin with all the selling of used Apple products. It has additionally been confirmed by TGA that they may be selling mobile phone plans later on. With the addition of selling of cell phones, Gamestop Headquarters Phone Number can gain revolving profit. As long as consumers cwuwge their bill every month, GameStop will get a check. Just what exactly will GameStop become?
It seems like like GameStop is preparing to change their brand over to become a “used stop”. UsedStop will certainly be a place where you can trade in your used gaming and electronics. People can trade within their old TV, computers, Blu-Rays Player, and others to obtain all the new items that will be being released. UsedStop could keep to its old philosophy but will change their products and services to hit all spectrums and remain a force inside the retail game. I think that UsedStop will still stay gaming oriented, using the game informer and gaming products, but will have to change with the times to keep relevant, i.e. RadioShack.
With all of that being said downloading games would be the way of the future and those that think the used game market will survive it won’t, and What Time Does Gamestop Close along with its friends’ will change to stay in the current market. UsedStop inside my mind could be the future for GameStop so look out