All 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 cope 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 Near Me Open Now will assist you to trade in a new release, and receive less than half of the price back, and then change and sell it 5 dollars under 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 worth up to $1.8 billion per year, mainly because of the selling and reselling of used merchandise, as well as the developers only receive money once. So the developers and the gaming companies have found a means to allow them to maximize their profit, to make the games cheaper for your gamers. This move may be precisely what is must help combat against 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% in the profits of used games go back 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 which is GameStop? Well that knows there are numerous of ideas i have but only one generally seems to stick out, as well as me it will be probably the most profitable.
GameStop has done a couple of things that to stay ahead of the curve, it has started eating iPod and iPhones and selling them used. This is in direct correlation with all the new consoles push for digital games and DLC. This is a smart proceed their part, and provides them a huge profit margin with all the selling of used Apple products. It has been confirmed by TGA that they can be selling cell phone plans later on. With incorporating selling of cell phones, Gamestop Corporate Office will now gain revolving profit. As long as consumers cwuwge their bill each month, GameStop will receive a check. What exactly will GameStop become?
It appears like GameStop is preparing to change their brand over to turn into a “used stop”. UsedStop will certainly be a place in which you can trade in all your used gaming and electronics. People should be able to trade in their old TV, computers, Blu-Rays Player, and others to have all the new releases that might be coming out. UsedStop could keep to the old philosophy and definitely will change their products and services to hit all spectrums and stay a force in the retail game. I think that UsedStop will still stay gaming oriented, with all the game informer and gaming products, but will have to change with all the times to stay relevant, i.e. RadioShack.
With all with 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 Is Gamestop Open Today and its friends’ will change to stay in the current market. UsedStop within my mind would be the future for GameStop so look out