220°

In-Depth: Inside The Business Of GameStop, Part One

In the first of a two-part series, Gamasutra analyst Matt Matthews goes in depth on retailer GameStop's business over the last several years, providing data on everything from revenues to used game sales, parsing out important longer-term trends.

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gamasutra.com
toaster5555d ago

I wouldn't want to deal with the pack of idiots at Gamestop if my life depended on it. Their employees suck, are rude, and know little about gaming.

RedPawn5555d ago

Not all Gamestops are this way, it's just sad that you have idiots, fanboys, and elitists working at most of them.

It's great to be greeted by someone who automatically knows what they're talking about, and wanting you to honestly look for on whatever platform you own.

A huge problem is GS doesn't understand the true meaning of "power to the players" when they're forced to sell $hit games like Tony Hawk Ride, constantly.

Mo0eY5555d ago

Inside The Business Of GameStop:

Step 1: Hire employees who know nothing about games
Step 2: Nag the customers to death about games they know nothing about
Step 4: When buying a game, nag the customer about their ad-filled magazine they know nothing about.
Step 3: When buying a game, nag the customer to preorder so-and-so game they also know nothing about
Step 5: Rip off people who sell their games and make some money selling those games back

FantasyStar5555d ago

Why is Step 3 and 4 out of order?

princejb1345555d ago

i hate gamestop
i used to work for them
and yea they are kidna annoying
by forcing a game informer subscription even if you dont want it
they would play the new games and sell em as new
and some would take money of your edge card

skyblue142135555d ago (Edited 5555d ago )

I buy most of my games new or used online because it is more convenient and cheaper than gamestop, not to mention that you don't have to go out on a hunt to find a particular game that you want. Also, you get next to nothing if you trade in a game and they make you take store credit instead of cash. I am way better off just keeping my games than selling them to gamestop(it is just not worth it) and having them turn around and mark up the game at least 500% of what I would get for it from them, besides eventually I always replay games that I own after a while of not playing them, and the games themselves will just go up in collectible value as time goes by. Even if gamestop offered decent-to-good trade-in value(cash) for people to trade in their games I would still prefer to keep my games because I know that I would want to play them again multiple times in the future. Once in a blue moon you might find a good deal at gamestop but most of the time there are better deals online.

FantasyStar5555d ago (Edited 5555d ago )

http://www.gamesetwatch.com...

IT's gone up significantly since 2006. Which was the start of this-gen. What does this tell us? From 03-05 compared to 06-10: Gamestop made a 3.22x profit this gen compared to last-gen.

People have been trading in games more often since this-gen started. Maybe it's time Publishers start pricing their games more aggressively. The difference between 2006 and 2010 is huge. It's clear that simply trying to justify the $60 isn't working. You need a lower asking value and justifying that with just as much content if you want more sales.

It's no surprise at all that people want the best bang for the buck. And at $60, it's not doing it. Those graphs prove that, and from Gamasutra no less.

DraconicPanda5555d ago

were a lot of gamestops do have a lot of terrible employees, there are still a few that are run by a great passionate staff. people like to complain about the people working there forcing subscriptions and reservations but unfortunately that is mandatory for them to keep their job. where this is annoying to the consumer, it is equally as painful on the employee. gamestop is a business and they are in the game to make money, and frankly I would rather go to a gamestop and have the selection and put up with a cheesy sales pitch before I walk into a walmart or bestbuy and have absolutely no customer service or half the selection. and as far as game prices go, the $60 price has been around for many gaming generations, im just happy they havnt increased!

skyblue142135553d ago (Edited 5553d ago )

Actually they were higher when I was younger where a game like after burner 2 for the genesis was $89 when it was released, or nhl stanley cup for the snes was a whopping $100 when it first came out and my brother got my mother to buy that one(which I thought was crazy), and not to mention the neo geo aes console games were at least $250 a game and the aes console itself was around $700 and it was a great console but not worth paying that much just for a game console, there were also a few others around that price range but the neo geo aes was by far the best and most successful(it had a 14 year run). And back then prices did not go down on games in 3 months to a year like they do now, it would be more like at least 2 years before you see a price drop in most games and if you were lucky enough a mediocre to decent game would drop a little in price in a year. I started gaming in the nes days which were some good times, but I enjoy other consoles/arcade/pinball(new and old) and games spanning many different genres. Sadly I think gaming might be going back to the high price days of yesteryear with games getting content cut backs upon release only later to be sold as dlc, let us just hope that this is a temporary thing and that things will change for the better.

300°

Looming Xbox layoffs threaten Microsoft's reputation

Even as the company sets out to overhaul the very definition of Xbox, cuts at its studios risk creating a negative image reminiscent of EA's worst era

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gamesindustry.biz
Jingsing3d ago (Edited 3d ago )

I appreciate the article but this guy must be living in a delayed universe, The reputation was ruined 10+ years ago and hasn't recovered since. As such people have voted with their wallets and stopped buying Xbox products in large amounts.

YourMommySpoils2d ago

Their reputation was lost way before that. From the moment Microsoft said they entering the console business, we all knew it would be a downgrade.

Bathyj1d 19h ago (Edited 1d 19h ago )

That's not true at all the OG Xbox had drive and they had hunger and they wanted to accomplish something. It was a great console.

they didn't quite reach their goals and they gave up prematurely because they couldn't win. It was halfway through the Xbox 360 when kinect released and that was when they lost their way and we're a rudderless ship ever since

Agent751d 17h ago

In all fairness, Xbox had some great games with online play, Xbox 360 even better. Xbox consoles started to die with the Xbox One. Ditch consoles for the PC and PS.

YourMommySpoils1d 9h ago

@Bathyj hard to compute ay. Xbox was never better than a PC and that's all they ever were. A demo box. Doesn't get more true than that.

3d ago Replies(1)
isarai3d ago

What reputation is this threatening exactly? 😂

Lightning773d ago

Rumors of Turn 10 being either shut down or hit with massive lay offs is on the horizon.

The issue is MS will do something right only to do something very, very wrong. And they do this what seems calculative at this point. Doesn't matter what they do the Investors and leadership want more and more money an endless bottomless pit of purr insatiable greed. A company that acts like it's broke or hurting is what really, really infuriates me. They've surpassed apple again well over 3 trillion who acts like they're a million dollar company is fk stupid. Pivots and changes for no reason and can't do things for more than a year with out a pivot or changing their metrics.

Christopher2d ago

That would be really bad since Phil just hyped up next year as a big Forza year at Summer Game Fest.

1Victor2d ago

@christopher: “ That would be really bad since Phil just hyped up next year as a big Forza year at Summer Game Fest”
The key word big can be ether good or bad 🤷🏿only time can tell

DarXyde2d ago

First Forza being generated entirely via AI?

If any company would do it, it'd be them.

Nacho_Z2d ago

Isn't the point that it's irrelevant how profitable MS is, the suits have decided it's time that the Xbox division started making them money. Hence the layoffs, the pivots.

hennessey861d 20h ago

That wouldn't surprise me, as motorsport has been heading down hill since the great number 4. Where as playground have consistently put out better games. I think the two studios will be merged under playground games banner.

2d ago Replies(2)
Show all comments (63)
90°

The 'Stop Killing Games' initiative is close to its final deadline

Ross Scott—also known as Accursed Farms on YouTube—has been fighting tooth and nail for almost a full year to help spearhead game preservation. Starting after it was announced that Ubisoft's The Crew would be shutting down, permanently ending support for the game, Scott launched the "Stop Killing Games" initiative.

That makes a twofold deadline for the Stop Killing Games initiative. Or, at least, one headed up by Scott: The UK petition, which ends July 14, and the EU Citizens' Initiative, which ends July 3.

M3talDiamond6d ago (Edited 6d ago )

If you live in the EU then Please sign this or our game ownership rights and game preservation is
at stake. I know there isnt much time left but please consider signing the petition

-Foxtrot5d ago

I never knew Ross Scott was doing this

I love Freemans Mind

Inverno5d ago (Edited 5d ago )

People whine and in the end don't do a thing. Then whine more when they get screwed some more smh. If this makes it then it'll be monumental for consumers. That Pirate software guy was no help either smh.

GazCBG4d ago

The EU Date is the 31st July not the 3rd

Show all comments (6)
170°

Xbox June Update: Copilot for Gaming Available on Mobile, Aggregated Gaming Library, and More

There are many exciting updates this month for Xbox. Copilot for Gaming is available now for early preview on mobile and will be coming to PC soon. Xbox PC app introduces a wave of new updates: Aggregated gaming library gives players quick access to games from Xbox, Game Pass, and other leading PC storefronts, and with publisher channels players can browse their favorite franchises. Updates for the Xbox Console includes customization for Most Recently Used, free-to-play benefits, Game Hubs, and dialog improvements for game saves.

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news.xbox.com
darthv727d ago

"Players can now hide system apps, pin favorites to the list, and reduce the number of tiles displayed. This update is part of our ongoing effort to make Home more personal, flexible, and responsive to feedback."

This is welcomed, i like a less cluttered home screen.

Profchaos7d ago

Not everything needs co pilot ms

1Victor6d ago

Gotta be a slow news day when a 18 hours and 3 comments (now 4)makes it to the front page🤷🏿
.
Well anything that adds and help gamers is a good thing even if some don’t need it there’ll be more that will use it.

darthv726d ago

Well its MS news... those are usually pretty dry, unless it has something to do with another game being ported to PS. then its top of the pops.

Obscure_Observer6d ago

"Well its MS news... those are usually pretty dry, unless it has something to do with another game being ported to PS. then its top of the pops."

Oh look no further than the "Upcoming layoffs at MS" topic. It will easily top the Hottest of the week.

Special guests like Mr. Dead might also show up. You just watch.