Radek said:
What if they lower the price to $199 in February, before FFVII, TLOU 2 and Ghost come out? We don't know Sony's plan and neither we know their 2020 sales forecast. |
We know they arent planning a price cut in February based on them slashing their FY projections 2 quarters in a row.
But even so, price cuts this late in the game dont cause growth, they just help soften the decline. Take a look at holiday sales for the last few years
2016-6.2 million (lowest price-$249 w/game)
2017-5.9 million (lowest price-$199)
2018-5.6 million (lowest price-$199 w/game)
2019-~4 million (lowest price-$199 w/3 games)
2016-2018 are official numbers from Sony while 2019 is estimates based on this sites numbers.
As you can see sales have dropped for each of the last 4 holidays despite the deals getting better each year, this is diminishing returns so a price cut to $199 is not guaranteed to cause an uptick in sales outside of the first few weeks since it has been at that price on a few occasions.
When the herd loses its way, the shepard must kill the bull that leads them astray.







