Forums - Gaming Discussion - Gamestop Rental Service starts Monday

Starting Monday, Gamestop starts their rental service where you pay $60 in advance and can rent 1 game at a time for 6 months. At the end of the 6 months, the last game you rent you can keep. 

 

From a consumer stand-point this sounds like an amazing deal. From a business standpoint, I have no idea what is going through their mind. So instead of buying each game I'm going to rent a bunch of Switch games, play them, beat them, and return them. My last game I rent will be $55 used game that I will beat and resell to them... So how they are making a huge profit I have no idea. Maybe they are hoping for lost and unreturnable copies due to damage?? I don't understand their business motive here.

 

It is called POWER PASS

Last edited by roadkillers - on 11 November 2017

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Signing up myself, too. Seems like an amazing deal. Has there been any shady terms and conditions posted?



LudicrousSpeed said:
Signing up myself, too. Seems like an amazing deal. Has there been any shady terms and conditions posted?

From what I have read no... they determine if the game is in good condition when you return it. Having Switch games that shouldn't be an issue for me. Maybe lack of titles on the shelf for Switch, but that should change over time.



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Apparently, just a heads up "Blockbuster was doing this two years before they shut their doors." -Quote from IGN user.



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I guess they hope with this rental service to attract potential new customers in their stores.



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roadkillers said:
Apparently, just a heads up "Blockbuster was doing this two years before they shut their doors." -Quote from IGN user.

They did, and it was fucking great.

But BB was dying way before they started their Game Pass program. They were losing tons of money and shutting almost every store down. 

If there are no restrictions, this will be an incredible deal for gamers.



I've been able to rent games for free at the library since the PS3 days. If there's a game you want and they don't have it, just tell them and they buy it and add it to the selection.
I only made use of this once though, but a friend of mine told me they still use this.

As for this particular deal, as someone who isn't a fan of renting or buying used games, it's nothing for me.



LudicrousSpeed said:
roadkillers said:
Apparently, just a heads up "Blockbuster was doing this two years before they shut their doors." -Quote from IGN user.

They did, and it was fucking great.

But BB was dying way before they started their Game Pass program. They were losing tons of money and shutting almost every store down. 

If there are no restrictions, this will be an incredible deal for gamers.

And since Gamestop is the product retail equivalent of Electronic Arts and Ubisoft combined, I smell a rat.  

Sure, Blockbuster was bleeding cash from the ears but Gamestop isn't exactly swimming in it either.  They've been getting their teeth kicked in YOY by Amazon, Best Buy and even Walmart.  This program will lose them money too, as it's a business model that's designed to be sold at a loss, in order to get people to come into the store more often.  So they can pre-order beg and impulse you into whatever's in the glass case behind the counter, a model that does not work in the current decade.  Especially because it's Gamestop, the only place "for" gamers, that gamers don't want to be.



"You should be banned. Youre clearly flaming the president and even his brother who you know nothing about. Dont be such a partisan hack"

Half of the store is those silly POP Figures now. Maybe they think they can get people into the store more often and that some of them will buy other things.. like those.



IkePoR said:
LudicrousSpeed said:

They did, and it was fucking great.

But BB was dying way before they started their Game Pass program. They were losing tons of money and shutting almost every store down. 

If there are no restrictions, this will be an incredible deal for gamers.

And since Gamestop is the product retail equivalent of Electronic Arts and Ubisoft combined, I smell a rat.  

Sure, Blockbuster was bleeding cash from the ears but Gamestop isn't exactly swimming in it either.  They've been getting their teeth kicked in YOY by Amazon, Best Buy and even Walmart.  This program will lose them money too, as it's a business model that's designed to be sold at a loss, in order to get people to come into the store more often.  So they can pre-order beg and impulse you into whatever's in the glass case behind the counter, a model that does not work in the current decade.  Especially because it's Gamestop, the only place "for" gamers, that gamers don't want to be.

Compared to Blockbuster, yeah Gamestop is swimming in cash. When they filed for bankruptcy BB as an entire company was valued at about 1/3 of just the amount of profit Gamestop made last quarter. BB had a debt over a billion dollars. They're not really comparable at all.

I don't know enough about Gamestop's business model to say this will lose them money or not. It is retail, and the goal in retail is to get people in the door, which this will do. Obviously they're going to be hoping that when Joe John goes in to swap out one game for another he might snag a used copy of something else or buy some toy or something else, that's just smart business. How much the customers will do that remains to be seen. I agree hardcore gamers really don't care to use Gamestop any more, not when Best Buy has GCU, plus online retailers like Amazon exists. Last month I went into a GS and bought a used copy of Stick of Truth on 360 to play on my Xbox One and I also signed up for a year of their Elite Pro or whatever membership, because there seems to be a glitch or sale or extreme flip situation on CAG once a week involving Gamestop. But that was the first time in months and months I'd been in there. But hey, this is at least a start to change that. I'll gladly go in there multiple times a month to swap games out if there's no shitty fine print here. This is one of those times when it's a good thing for consumers that a company might need to change their ways to generate more revenue.