110°

GameStop Exec Defends Used Game Sales (and Somewhat Succeeds)

It's long been known that game developers hate used game sales; for each used game sale, the developer gets nothing. GameStop, the primary video game reseller, has been getting a lot of hell from developers about this, most recently Epic's boss Mike Capps controversially saying that one day developers may have to charge extra to play the ending of a used game, whereas the ending would be free to those who bought the game new.

Well, we haven't heard much from GameStop's perspective on this situation. Obviously, they want this trend to continue because it constitutes much of their business. In a recent interview, GameStop Chief Marketing Officer Mike Hogan tried to defend his company's stance on the used game market.

And - surprise, surprise - he doesn't completely fail

Read Full Story >>
secondstorygamer.com
edwineverready5579d ago

We are not even allowed to rent games in The Netherlands that sucks. we do have second hand games but it takes a while for good titles to go second hand.

Sprudling5578d ago

Same here in Norway. The market for used games has been long dead, and there is no renting games. I don't really mind though. I wouldn't rent or buy used even if I could. Money just isn't a big concern.

(Even renting movies is slowly dying, but that has more to do with piracy I guess.)

Arsenic135579d ago

$60 for new and $55 for used?! What a steal!

TIKUP5579d ago

over here in the uk new games are £40 and used are £35 ahahaha

Marceles5578d ago

I don't know who disagreed with 00 but he's right. Alot of used games cost only 5 bucks less than the retail value, but the store only give you half or less credit for it...what a ripoff

Taco_Waffle5578d ago

My favorite is when they try to sell an open game as new.

Sangria5578d ago

@2.4: Sadly, it happens. A consumer buy a sealed game, two days later he goes back and want to sell it. We take it for half the price, and as the game still looks new, it goes i a "New" box and sold as a new game.

And if a consumer asks why there is no plastic protection, we can say that the game has been emptied for anti-stealing reasons, but we say the game has never been used and the consumer buy it.

thats_just_prime5578d ago

yeah gamestop is a complete rip off. I'd perfer to just pay the extra 5 dollars or sometime its more like 5 dollars less. I been in gamestop a number of time and comapre the prices of their new and used games and there is always a hand for of new game that they sell for less the the used copies. As for trade in your better off selling it on ebay

timmyp535578d ago

i'll never trade in or buy used. support the devs! =*)

GlibGamer5578d ago

Your store is wrong, wrong, wrong. My wife's a Manager of a GameStop and that practice is no bueno. Just because your store does it (illegally and against GS policy), doesn't mean it's the norm for the rest of the company.

Tempist5578d ago

Honestly I only get used freaken old games which can't be bought for new. and if most of us aren't getting the used games at high prices, then the arguement of used game sales cutting into dev profits would be moot.

However, his used Car idea sounds awesome. Lets convince publishers and devs to take back their old used games for new ones!

cryymoar5578d ago

-it is against store policy to take in a trade and sell it as used. Audits will get you fired for that.
-Last copy of the game is better than no game at all. It is still a new copy. I don't see how you think you're paying $60 for just a piece of plastic wrapped over it when the internals are the exact same thing. AND they still have the defective warranty just incase ANYTHING goes wrong.
-Buying used is best for EDGE card members, on a new game, you usually pay $10 less for a new release found used.
$59.99 MSRP ; $54.99 Used - 10% = $49.49
$59.99 - $49.49 = $10.50 difference.
-Gamestop saves people the trouble of finding buyers that will pay more than the retailer will.
-My current beef with the company is the crappy wage, then again i'm standing around in A/C all day not doing much work, just selling stuff.
Might quit soon, might not, its an easy job.

SaiyanFury5578d ago (Edited 5578d ago )

@Vudu above

I HATE that!! I totally know where you're coming from. Their open display boxes, which are again, OPEN and they try to sell you the unsealed game at the same price as a sealed copy. They've done that to me so many f*****g times it made me want to throttle the monkey working the register!

Moving on...

Yes, but what about the old games which few people want to buy new? Like the original Motorstorm for instance. Does anyone want to pay 60 dollars for a new copy of the original Motorstorm when it's sequel costs the same? Who here would rather pay 30 dollars for the original used? I know I would.

+ Show (8) more repliesLast reply 5578d ago
Kleptic5579d ago (Edited 5579d ago )

The only time I have bought a used game was when it simply wasn't stocked new anymore...I purchased some old PS2 games like Twisted Metal: Black, MGS2, a Devil May Cry back in 2007 for like $10 each...and only because those games were not stocked anywhere in town new anymore (I did find a new 'greatest hits' copy of TM Black a while later, but oh well...too late)...

all but devil may cry I had purchase new at one point back in 2001 though anyway...so I can't feel that guilty about it...I simply gave it away as I never owned my own PS2...was always using a roommates or something in college (lived with 4 other guys at one point whom all owned a PS2...seemed silly to buy my own when they never used them anyway)...

I see both sides of it...where it helps when its a hard to find title...but sucks for new titles...there are 34 used copies of Gears 2 at my local gamestop...discounted to $45 now that the holiday rush is over (why there are 34 copies of Gears 2 is an entire other story)...but if any of those sell, that is straight to GS...and not to MS or Epic...if developers don't want this to happen...there is a very simple answer...discount the cost of your games SOONER...$60 for a year old title is simply unexceptable...hell $60 in general is too expensive...as a cheaper cost would most likely heighten sales to the point where the devs and publishers are making more money anyway...no matter what any video game publisher tries to tell you $60 is not some magic sweet spot...they could have new games at $40, and I guarantee the increase in sales would make up for the $20 they lose per disc...everyone would benefit from that...more people would get to buy it and enjoy it...and the publisher would most likely always make more profit...

I would probably own 10 more games this generation if they were sold new at around $40...Far Cry 2, Battlefield: BC, Dead Space, Motorstorm PR, etc. are all great titles worth owning imo...but not one of them is worth $60 at launch to me...and the fact that they stay at that high cost for so long, I end up forgetting about them by the time they do drop in price...Fear 2 is most likely the next game that will fall into this exact same category for me personally...

kornbeaner5579d ago

Not all of the used price is entirely profit. I used to work at a GS
and this is the way the manager broke it down for me.

Out of every new title GS only makes on average $5.

Now lets say that new title comes in a week later, that person on average will only get $20 to $25 and thats in store credit less if you opt for cash (which I recommend if you're not looking to buy anything new).

Now those titles usually sell for for $55 dollars, GS in turn makes $30-35 bucks in net profit.

the only way to change this is trade in your game for store credit but when you go to buy another game, don't buy the used copies the employees push on you, instead sell your used games for store credit and buy new titles, that way GS is stuck with the overhead of used games that don't sell in turn causing sales to occur on those games.

Sell used, buy new is the best way to stick it to GS. and also support devs.

Nesu5579d ago

"He then claimed that 90% of trade-ins take place over 90 days after the release of a game"

Then why all these copies of Gears 2, MSG4, Little Big Planet, and Prince of Persia are poping up used less than a week after their street date?

thebudgetgamer5579d ago

fdable for 10 the origanal halo for 3dollars stuff i cant pass up.
but back to the point.
you dont see ford getting angry at used dealerships. anything you buy new there is a used alternative why should games be different

:)

Show all comments (33)
60°

Pacific Rim Pinball comes to Pinball FX

This could be fun as they make great tables. Go big or go extinct. Prime your senses for a neural handshake and step into the cockpit of a Jaeger. It is on you to cancel the apocalypse when Pacific Rim Pinball comes to Pinball FX on May 16.

270°

Microsoft’s Surface and Xbox hardware revenues take a big hit in Q3

Microsoft just posted the third quarter of its 2024 fiscal financial results. The software maker made $61.9 billion in revenue and a net income of $21.9 billion during Q3. Revenue is up 17 percent, and net income has increased by 20 percent.

Read Full Story >>
theverge.com
darthv721d 2h ago

Xbox content + services up 62% while hardware down 31%... seems about right with the way they tout you don't need the hardware to play. People can play on their phones or smart tv or other means. I don't hardly play on my consoles directly since getting devices like the logitech g-cloud and ps portal. Which is to also say I have been playing more digital than physical because of these devices.

solideagle13h ago

you should apply in MS PR team buddy, I think you will do a great job in my humble opinion :)

Sonic188111h ago

I thought darthv72 and Obscure_Observer already work for Microsoft 🤔

dveio10h ago

MS: "Xbox services and content without AB up 1%, with AB up 62%. Hardware down 31%. In total a loss of 350 mill."

darthv72: "Seems about right."

MS: "Excuse m ..."

darthv72: "I don't hardly play on my consoles directly."

MS:

Lightning775h ago

What he said was facts. How he plays games is no concern of you. Don't get too mad about it.

Cacabunga13h ago

I can tell people like you are an absolute minority..

If service is up means their fans and fanboys accepted this model and subscribed to it. The near future you will see a big decline because the service is saturated.

shinoff218312h ago

But that's been ms for years. When things aren't going their way they try to change the way things are said. For instance console sales are down, they stop telling how many sold instead telling us how many hours spent in halo or headshots. So it makes sense console sales down just say people are playing on more devices then previous. What they won't say is how many xbox players jumped ship to ps5.

Cacabunga11h ago

Hardware sales are so bad that Sony and Nintendo are blowing the sales off the water with their hardware.

If Xbox are losers, others aren’t..
Xbox already tried everything with Xbox live then subscriptions went down so much that they had to find something else. Their fans subscribed then reached saturation rather quickly.

Hardware and exclusive games is where it’s at! Keep gamers excited, announce decent software and people will support you

itsmebryan7h ago

@shin
Well keep it simple Sony 's operating income is down 26% and Microsoft's is up 32%. No MS spin there, just facts. 😉
Cheers

S2Killinit2m ago

MS is after diminishing consoles as a medium. They want to destroy this market because they couldnt win. MS’s vision is to dissolve console gaming.

romulus236h ago

Odd that a company that touts you dont need the hardware to play is already touting another console in the works.

darthv725h ago

They are not reliant on the HW but still want to maintain a presence (no matter how small) is a good thing. It shows commitment to the craft. It reminds me of SNK and how they made games for their own hardware (Neo Geo) while also making them for others because they knew there was a market to do so. They knew they would sell more to others but also sell to their own niche fan base.

+ Show (2) more repliesLast reply 2m ago
purple10116h ago

Xbox hardware revenue tanks to lowest point of Xbox Series generation

Profchaos15h ago

I'm not surprised surface is struggling they aren't relevant anymore

DOMination-5h ago

In the last two years they've started exiting the consumer market altogether. All of the newest Surface products are business models only. They can't seem to work out what they want to do with it.

XBManiac14h ago

Too expensive hardware when others offer the same or more for less? Good work, Green Team.

SimpleDad14h ago(Edited 14h ago)

"Despite some early successes for Xbox games on rival platforms, Xbox hardware is down by a massive 31 percent this quarter."
"Without Activision Blizzard, Microsoft’s overall gaming revenue would have actually declined this quarter."
"Xbox content and services would have only been up a single percent without Activision Blizzard..."
"It looks like next quarter is going to be a similar story for gaming at Microsoft, too."

That is crazy... so A/B/K is carrying the whole Xbox gaming.
Oh and Microsoft will be fine. Windows, Office and Cloud are growing with each pc purchase.

purple10114h ago

Activision: "we gonna need a bigger rucksack/backpack please"

Microsoft: "why's that"

Activision: "to carry yo' weak ass'

Profchaos13h ago(Edited 13h ago)

Top brass have also wanted to start seeing returns on the 100 billion they have put into various Xbox related moves so seeing more multiplatform games is highly likely especially from abk

It's basically saying that PlayStation is the reason Xbox is afloat right now thinks to Ps5 versions of COD

Kornholic12h ago

So basically PS and PC gamers' money is keeping Xbox on life support.

MrDead5h ago

The only growth MS will get out of the console industry is if it supports it's rivals platforms. Xbox is a pointless machine now. I can see them on a big push for live next, and they won't give up on trying to buy Steam.

+ Show (1) more replyLast reply 5h ago
Show all comments (37)
140°

Why Monopolies In Gaming Must Not Be Allowed

As of right now, there are no monopolies in the games industry, and for the sake of the medium as a whole, they never should either.

thorstein1d 1h ago

Shouldn't be allowed in any field.

Inverno21h ago

And yet the biggest tech companies in America are essentially that. They buy up all the small comps only to kill them off and steal what they have, and if they can't buy em they bleed them to death.

jwillj2k420h ago

Eventually they’ll realize the value is with the employee not the company. Buying an IP means nothing if the people who contributed are let go. They’ll get it one day.

MrCrimson19h ago

tech is different because they buy threats and then kill them. Twitter bought Vine and did nothing with it. Despite people seemingly liking it. Could've had tiktok a decade before bytedance. go figure.

Zenzuu20h ago

Monopolies shouldn't be allowed regardless. Not just for gaming.

MrCrimson19h ago

They buy IPs not talent. That's why these buyouts never work and the IPs die. Right now it's too expensive to develop games - but I expect that to shift maybe as AI tools can make it easier. The best games have been indie games for awhile as big developers fuck their ips to death with "games as a service" -