13.17 Million Wii’s Sold World-Wide........VG Chartz need to keep up

[epsilon72]

Faxanadu said:

FishyJoe said:
It wouldn't shock me if retailers were holding back stock for black Friday as well.

What for? Why? please explain. Situation: retailer has one Wii. Two options:

A) Put it on shelf and sell it within 2 days NOW for 250 USD and hence free up storage space and shelf space to put a new product on. And make a profit off the wii (20USD? ) that you can the either invest in new products or bring to the bank where you get interest.

B) Leave it in storage, meaning you will have to sit on your investment longer ("opportunity cost") and the STILL SELL AT 250 USD.

Why on earth would you do that?

A lot of stores would like to get you in the door (we have wii's in stock!) not just to sell you a wii, but so they have the opportunity to sell all of the other things to you that are more profitable for them. (accessories mostly are the things that make the stores the most profit).

 

I'm staying home on black friday! I live very close to a major shopping/eating/drinking/movie watching hub, so with traffic and all I'm pretty much trapped in my neighborhood on days like that.