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 is going to happen to video game retailers like GameStop and PlayNTrade, who mainly handle used games sales. GameStop along with its friends’ make most of their profits on the used gaming market, by permitting us trade within our used games and selling them for cheaper. Customarily, Gamestop 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 under full price. Now is that fair? No but which 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 per year, mainly due to the selling and reselling of used merchandise, and also the developers only get compensated once. And so the developers and the gaming companies have found an easy method so they can maximize their profit, making the games cheaper for the gamers. This move may be what is need to help combat from the rapid decline in video games sale. To aid quell the assumption that the used games don’t hurt the developer profit, GameStop has gone on record, saying that 70% of the profits of used games go back into the buying new games, but what is going to happen when that stops? How can they have the ability to maintain the well-oiled machine that is GameStop? Well who knows there are lots of of ideas which i have but only one seems to stick out, as well as me it will be probably the most profitable.
GameStop has been doing a few things that to keep in front of the curve, it has started consuming iPod and iPhones and selling them used. This is in direct correlation with the new consoles push for digital games and DLC. This is a smart move ahead their part, and provides them a big profit margin with the selling of used Apple products. It has additionally been confirmed by TGA that they may be selling mobile phone plans later on. With incorporating selling of cell phones, Gamestop Number will now gain revolving profit. As long as consumers cwuwge their bill every month, GameStop will get a check. What exactly will GameStop become?
It appears like GameStop is getting ready to change their brand over to become “used stop”. UsedStop is a place where you can trade in your used gaming and electronics. People will be able to trade inside their old TV, computers, Blu-Rays Player, as well as others to get all the new items that will be coming out. UsedStop could keep to its old philosophy and can change their products to hit all spectrums and stay a force within the retail game. I believe that UsedStop will still stay gaming oriented, with all the game informer and gaming products, but must change with all the times to remain relevant, i.e. RadioShack.
With that being said downloading games could be the way of the future and those that think the used game market will survive it won’t, and Gamestop Hours Of Operation and its friends’ will change to remain in the market. UsedStop in my mind would be the future for GameStop so watch out