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 of their profits on the used gaming market, by allowing us trade within our used games and selling them for cheaper. Customarily, Gamestop Store Near Me 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 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 which is worth up to $1.8 billion per year, mainly as a result of selling and reselling of used merchandise, and also the developers only receive money once. So the developers and the gaming companies have found an easy method to allow them to maximize their profit, and make the games cheaper for the gamers. This move may be precisely what is have to help combat from the rapid decline in video games sale. To assist quell the assumption the used games don’t hurt the developer profit, GameStop went on record, saying that 70% of the profits of used games go back in to the buying new games, but what will happen when that stops? How can they have the capacity to keep up with the well-oiled machine that is GameStop? Well you never know there are lots of of ideas which i have only one seems to stick out, as well as me it will likely be probably the most profitable.
GameStop did some things that to keep in front of the curve, it provides started taking in iPod and iPhones and selling them used. This is in direct correlation with all the new consoles push for digital games and DLC. It really is a smart move on their part, and provides them a large profit margin with all the selling of used Apple products. It has also been confirmed by TGA that they can be selling cellular phone plans in the future. With the addition of selling of cell phones, Gamestop Headquarters will now gain revolving profit. As long as consumers cwuwge their bill on a monthly basis, GameStop will get a check. What exactly will GameStop become?
It appears like GameStop is preparing to change their brand over to become “used stop”. UsedStop will be a place where you can trade in your used gaming and electronics. People can trade in their old TV, computers, Blu-Rays Player, as well as others to obtain each of the new items that will be coming out. UsedStop can keep to its old philosophy but will change their goods to hit all spectrums and remain a force inside the retail game. I believe that UsedStop will still stay gaming oriented, with all the game informer and gaming products, but must change with the times to stay relevant, i.e. RadioShack.
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 Store Hours as well as its friends’ will change to stay in the marketplace. UsedStop inside my mind would be the future for GameStop so check