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 is going to 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 letting us trade in our used games and selling them for cheaper. Customarily, Gamestop Near Me will allow you to trade in a new release, and receive less than half of the price back, and then change and sell it 5 dollars less than full price. Now is that fair? No but which is for another day, today we will talk about GameStop after Digital Downloads.
GameStop has earned an annual profit which is worth approximately $1.8 billion annually, mainly as a result of selling and reselling of used merchandise, and also the developers only get paid once. So the developers and the gaming companies have found an easy method for them to maximize their profit, making the games cheaper for your gamers. This move might be precisely what is need to help combat against the rapid decline in video games sale. To aid quell the assumption the used games don’t hurt the developer profit, GameStop has gone on record, stating that 70% in the profits of used games go back to the buying new games, but what will happen when that stops? How will they have the ability to keep up with the well-oiled machine that is certainly GameStop? Well that knows there are many of ideas that I have only one generally seems to stick out, and to me it will be by far the most profitable.
GameStop did a couple of things that to keep ahead of the curve, it has started taking in iPod and iPhones and selling them used. This really is in direct correlation with all the new consoles push for digital games and DLC. This is a smart move ahead their part, and offers them a huge profit margin with the selling of used Apple products. It has also been confirmed by TGA that they can be selling mobile phone plans in the future. With incorporating selling of cellular phones, Gamestop Customer Service Phone Number will now gain revolving profit. As long as consumers cwuwge their bill each month, GameStop will get a check. So what will GameStop become?
It appears like GameStop is getting ready to change their brand over to become a “used stop”. UsedStop is a place where you can trade in all your used gaming and electronics. People will be able to trade inside their old TV, computers, Blu-Rays Player, and others to obtain each of the new products that might be popping out. UsedStop could keep to the old philosophy but will change their goods to hit all spectrums and stay a force within the retail game. I think that UsedStop will still stay gaming oriented, with all the game informer and gaming products, but will need to change with the times to keep relevant, i.e. RadioShack.
With all of that being said downloading games could be the way for the future and people who think the used game market will survive it won’t, and Gamestop Hours Of Operation and its friends’ will change to stay in the market. UsedStop in my mind will be the future for GameStop so watch out