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GameStop's Mayan Apocalypse

The rumor mill is saying the next generation of consoles might not play used games. What does this mean for retailers such as Amazon, GameStop, and Best Buy? Will gamers flock to the one console that can still play used games? GoozerNation speculates if the Mayan apocalyspse draws near for used game sales.

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JimmyJames704830d ago

Do you think GameStop will stop selling brand new games if they can't sell used games?

Summons754830d ago

Gamestop doesn't make as much of a profit from new games. Their entire business is built on used game sales. If used games go then it won't be to long for them.

darthv724830d ago

the bulk of used games are for platforms that are out currently or older.

I buy used games for older systems that i know you cant find "NEW" anymore. So long as there is a market for it....there will be a GS to sell it.

i just hope they dont get wise and up the price for used games. If they do that then they should give you more for trade-in but yeah...like that will happen.

rainslacker4829d ago

Something will have to give at some point. It would be hard for specialty stores to survive given the profit margins involved. We already see gamestop having their own toy store, so likely if no used games become the norm, expect them to adapt in some way to remain profitable. I've noticed they are pushing used Blu-Rays and DVD's more now for instance. The only places that could survive would be those that have multiple revenue streams, such as the big box stores like Best Buy, or internet like Amazon.

I know people hate on their policies, but they aren't singular in their need to profit when it comes to game specialty stores. If gamestop goes down, expect the smaller chains to go first.

ziggurcat4830d ago (Edited 4830d ago )

the rumour mill needs to understand that patents don't matter, and this will never happen on the next generation of systems as they will still allow used games to function.

gamestop isn't the only business that deals with "used" games - any rental service would be rendered null and void as well... and i doubt people (not to mention the companies) would stand for it.

kma2k4830d ago

im a gamefly member have been for a few years & the whole used game thing worries me, i am waiting for the day when we get some offical word on all this.

1240°

Gamer Tries to Sell PS4 Pro to GameStop, Ends Up Being Asked to Pay the Store

A gamer tried to sell his PS4 Pro to GameStop USA and found out that he would actually have to pay the store.

Lionsguard425d ago

Gamestop: And I'm taking a huge risk here.

1Victor425d ago (Edited 425d ago )

Well there’s no stop like GameStop I’m surprised they didn’t go deeper into the hole with their USED cables and controllers prices.
Edit:
For those that don’t know if you go to trade a console you need it to be ready to go with all the controllers and cables if you don’t have them they ask you to buy them and deduct the price from the monetary appraised for the console

Gamingsince1981425d ago

That makes perfect sense really, why would you be selling your console without all the things it came with and needs to actually be used.

jznrpg425d ago (Edited 425d ago )

eBay.. not having anything for it makes it seems stolen though

Profchaos425d ago

Not always I've seen plenty of refurbished units go cheap because people have picked them up broken then repaired and onsold with no controller or cable. When they are this old many people just want to replace the main unit

jznrpg425d ago

I doubt those people are selling at GameStop

BeHunted425d ago (Edited 425d ago )

In the UK, eBay has removed selling fees, letting you list and sell any item for free.

andy85425d ago

Correct. This is why day one games cost me practically nothing now

Eonjay425d ago

They are gonna take that same console and sell it for $300.

Inverno425d ago

GameStop era ended in the teens. Let it die bruh.

S2Killinit425d ago

I love gamestop. I still shop there. I prefer buying a game from a game store than a department store.

Inverno425d ago

I preferred goin to Circuit City but that died out. Years back I'd go to Best Buy cause of Gamer Club, now Best Buy barely sells games and doesn't sell Blu-rays and looks dead most of the time. Same with GameStop, these stores look like a barren wasteland of Funko Pops and anime figures. These retail stores don't seem to care about pulling in customers. Those figurines are neat, I collect them too but they ain't pulling me into a GS. Rather than attracting gamers they've pay walled everything behind a subscription. As if they weren't already cheapskates back then with their trade ins.

FinalFantasyFanatic425d ago

I still go in there and browse, but never buy anything, the video game section is getting smaller and smaller, even the PS5/Series X/Switch game selection is getting tiny.

tiron8425d ago

I miss Best Buy's Gamer Club, I used to get pre-orders for like 20% off often with other discounts then get points I could trade into discount rebates. It was so good, getting day 1 games for like $30.

When they shut that down I stopped buying games day 1 almost completely.

raWfodog425d ago (Edited 425d ago )

I stopped going to GameStop when they no longer let me use my monthly $5 rewards points towards PS network cards.

Knightofelemia425d ago

Weird I live in Canada and the Gamestop near me says you need the console, controller, controller cord, and an HDMI cord before they will take a console on trade. And if the console shows signs of being opened they still won't take the machine. And if you upgrade the PS4 HDD from 500 gig to a 1TB they will count that machine as modified and label it as a 500 gig model. Better to just sell it on Facebook Marketplace.

clevernickname425d ago

I also live in Canada. I had a similar experience trading in an Xbox One S. Gamestop would give me a pittance for it, so I sold it on Marketplace for almost as much as the original selling price.

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250°

GameStop plans widespread store shutdowns after closing 300 locations last year

GameStop has announced plans to shut down stores across the country after closing 300 locations just last year.

The popular gaming retailer says net sales have fallen 20 percent, now sitting at $860 million - a drastic change from its $1.08 billion in 2023.

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dailymail.co.uk
PRIMORDUS512d ago

Also giving you about $5.00 off for buying a used game is just bullshit. For example: https://www.gamestop.com/vi... New is $59.99, if your going to sell it for a used price it needs to be at least $10-$20 less. I hope GameStop just goes away.

OtterX512d ago

Same nonsense they were doing 20 years ago. 🙄

Time to take old yeller out behind the shed...

Grilla512d ago (Edited 512d ago )

One of the reasons I went digital. I used to trade games in back in the day when money was tighter. Trading a game in for 10-15$ isn’t worth the trouble. Especially when they turn around and sell it for almost full price.

RhinoGamer88512d ago

Not surprising, but sad. WooT is killing it with their game discounts...on new games.

raWfodog512d ago

This is just market forces adjusting for GameStop’s long-time practices of nickel and diming the consumer. I feel bad for the workers though. It’s not good that they have to lose their jobs over this.

P_Bomb512d ago

Unfortunate for the staff, but not unexpected.

46player512d ago

Not too surprising. Lots of people buying digital.

And GameStops trade in and resale pricing strategy is awful for customers. I will miss them when they are gone though.

Most I will miss being able to trade in a console, get a couple hundred towards the new model like PS5 to PS5 Pro.

SonyStyled512d ago

I’ll miss the midnight launch parties. Standing in line with strangers sharing our excitement about a video game. Digital took that from us. I wish younger audiences could experience how joyful it was

Kombatologist512d ago

I often think about times like that and how good we had it, before social media and smart phones gave way to a generation that expects instant gratification.

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50°

GameStop Retro: Too Little, Too Late? | 1-up Geeks

GameStop is one of the last remaining relics from a bygone era where stores like Blockbuster, Game Crazy, Hollywood Video, and many others were found on every corner. If you…

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1upgeeks.com