Nintendo's unrealistic pricing for old-school platformers et al.

[theRepublic]

happydolphin said:

Spazzy_D said:

You don't judge the market price, THE MARKET SETS THE VALUE.  THAT IS HOW IT IS DEFINED.  If their is no makret for the game, then people won't buy it.

It's simple, if people don't buy the games, the price is lowered, until that happens, though, they are sold for the correct percieved value.

Um.... at Nintendo, when they set the price..... how do they or in your mind it's done magically by the market?

Companies use the information they have at hand to make an educated guess as to what a fair market value would be for their product.  If they go too low, their product will sell out, like the Wii did when it was first released.  If they go too high, sales will be very low.  The market has shown that it loves 2D platformers from Nintendo.  So Nintendo prices their games accordingly.

It is simple supply and demand.