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 along with its friends’ make most their profits on the used gaming market, by allowing us trade within our used games and selling them for cheaper. Customarily, Locationsnearmenow.Net 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 which is for another day, today we are going to discuss GameStop after Digital Downloads.
GameStop has earned an annual profit that is worth approximately $1.8 billion a year, mainly as a result of selling and reselling of used merchandise, and the developers only get compensated once. Therefore the developers as well as the gaming companies have found a way for them to maximize their profit, making 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 this used games don’t hurt the developer profit, GameStop went on record, proclaiming 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 be able to retain the well-oiled machine that is certainly GameStop? Well who knows there are many of ideas that I have only one seems to stick out, as well as me it will be the most profitable.
GameStop has done some things that to remain in front of the curve, it has started consuming iPod and iPhones and selling them used. This can be in direct correlation using the new consoles push for digital games and DLC. This is a smart proceed their part, and provides them a huge profit margin using the selling of used Apple products. It has also been confirmed by TGA that they may be selling cell phone plans down the road. With adding selling of mobile phones, Gamestop Phone Number will now gain revolving profit. As long as consumers cwuwge their bill each month, GameStop will get a check. Just what exactly will GameStop become?
It seems like like GameStop is getting ready to change their brand over to become a “used stop”. UsedStop is a place that you can trade in your used gaming and electronics. People can trade inside their old TV, computers, Blu-Rays Player, and others to have all the new releases that might be coming out. UsedStop can keep to the old philosophy and can change their products to hit all spectrums and remain a force in the retail game. In my opinion that UsedStop will still stay gaming oriented, with the game informer and gaming products, but will need to change with the times to stay relevant, i.e. RadioShack.
With that being said downloading games will be the way of the future and people who think the used game market will survive it won’t, and Storeholidayhours.Org as well as its friends’ will change to stay in the market. UsedStop inside my mind could be the future for GameStop so look out