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 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, Game Stop Near Me will assist you to trade in a new release, and receive not even half of the price back, and then change and sell it 5 dollars under 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 an annual profit that is worth as much as $1.8 billion annually, mainly due to the selling and reselling of used merchandise, and the developers only get paid once. Therefore the developers and the gaming companies have found a means for them to maximize their profit, and make the games cheaper for your gamers. This move might be what exactly is need to help combat up against the rapid decline in video games sale. To help quell the assumption that the used games don’t hurt the developer profit, GameStop went on record, stating 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 ability to retain the well-oiled machine that is GameStop? Well who knows there are many of ideas that I have but only one appears to stick out, and also to me it will probably be probably the most profitable.
GameStop did some things that to remain in front of the curve, it offers started consuming iPod and iPhones and selling them used. This can be in direct correlation with all the new consoles push for digital games and DLC. It is a smart move on their part, and gives them a huge profit margin with the selling of used Apple products. It has also been confirmed by TGA that they will be selling cellular phone plans in the future. With incorporating selling of cell phones, Gamestop Corporate 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 preparing to change their brand over to become a “used stop”. UsedStop is a place in which you can trade in your used gaming and electronics. People should be able to trade within their old TV, computers, Blu-Rays Player, as well as others to get each of the new products which will be being released. UsedStop could keep to its old philosophy and definitely will change their products to hit all spectrums and stay a force within the retail game. I think that UsedStop will still stay gaming oriented, using the game informer and gaming products, but will need to change with the times to keep relevant, i.e. RadioShack.
With all of with 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 Store Hours as well as its friends’ will change to remain in the current market. UsedStop in my mind will be the future for GameStop so watch out