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Forums - Sales - Media Create Sales 12/19 ~ 12/25

mhsillen on 29 December 2011
BasilZero said:
Galaki said:
BasilZero said:

they were obviously price gouging it

Selling your wares for profit is price grouging now?


It is price gouging when they sell something alot higher than it is suppose to sell for. Cutting the price in 6 months is sure sign of it, other companies have suffered far more problems with their products (i.e. Sony with PS3 and PSP) , you didnt see them price cutting their systems within a year of their release.

Nintendo released their system at a high price because they took advantage of the average video game consumer , knowing that their fans would blindly throw their money at them just to get hands on their brand named product, and guess what it worked, for the first six months, how many 3DSes sold and how much money did they actually lose from producing the system and selling it? They actually made alot of cash I'm pretty sure from the first six months, their goals on how many systems to sell of course was a whole nother issue.

Sure their stocks went down but that was because of the dismal sales, but I'm pretty sure they made more of a profit than you think.

In the end, Nintendo's brand name sells alot more than Sony or Microsoft's regardless of how crappy the library of games they have. As long as Mario or Zelda gets released on their system, they'll sell more than $ony and Micro$oft. xD


Just do a search, 3DS was losing money on each sale.  And how much is to much,   are you the authority on price gouging?



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Lord Ciansworth on 29 December 2011
Carl2291 said:

Saw this post on GAF -
___________________________________________________________________________

The lowest cost you can get into a Vita for , with one game is (using RRP) :

Wifi model : 24800 yen
+
4 GB card : 2200 yen
+
Dark Quest : 2800 yen

= 29,800 yen

ALTERNATIVELY, you can get the following :

3DS : 15,000 yen
+
Mario Land : 4,800 yen
+
Mario Kart 7 : 4,800 yen
+
Monster Hunter Tri G : 5,800 yen

= 30,400 yen


Just let that sink in a bit....
___________________________________________________________

Kinda points out a huge part of the Vita problem.

I think that's probably the best point that has been made in this thread. Cuts to the core of Vita's current problem.



goldeneye0065r on 29 December 2011

ps3 -as usual
vita-absolutely what i expected shows whos boss whatcha get sony for releasing a power hungry over priced machine with games that can be better on a big screen brand new led lcd 32 inch display now dont you feel sad haha
360 ---sucks
very nice for nintendo wii and 3ds



mhsillen on 29 December 2011
BasilZero said:
mhsillen said:
BasilZero said:
Galaki said:
BasilZero said:

they were obviously price gouging it

Selling your wares for profit is price grouging now?


It is price gouging when they sell something alot higher than it is suppose to sell for. Cutting the price in 6 months is sure sign of it, other companies have suffered far more problems with their products (i.e. Sony with PS3 and PSP) , you didnt see them price cutting their systems within a year of their release.

Nintendo released their system at a high price because they took advantage of the average video game consumer , knowing that their fans would blindly throw their money at them just to get hands on their brand named product, and guess what it worked, for the first six months, how many 3DSes sold and how much money did they actually lose from producing the system and selling it? They actually made alot of cash I'm pretty sure from the first six months, their goals on how many systems to sell of course was a whole nother issue.

Sure their stocks went down but that was because of the dismal sales, but I'm pretty sure they made more of a profit than you think.

In the end, Nintendo's brand name sells alot more than Sony or Microsoft's regardless of how crappy the library of games they have. As long as Mario or Zelda gets released on their system, they'll sell more than $ony and Micro$oft. xD


Just do a search, 3DS was losing money on each sale.  And how much is to much,   are you the authority on price gouging?

You dont need to be a authority figure to see something so obvious as price gouging, just a smart consumer who doesnt blindly throw their money at their "Favorite" company.

I just cant see how 3DS was losing money , you would think a price cut would do alot more damage than a few units which werent being sold. I still feel Nintendo ripped off 80 extra dollars for each and every 3DS that was sold at the full price few months ago and before.

Its pretty obvious they price gouged it at high price since there were no direct competitors and finally lowered the price abit when a competitor actually came out.

You brought the subject up so..where are the finacials you have that show gouging.

And how much or what percentage of cost is gouging. 



smbu2000 on 29 December 2011
BasilZero said:
 

You dont need to be a authority figure to see something so obvious as price gouging, just a smart consumer who doesnt blindly throw their money at their "Favorite" company.

I just cant see how 3DS was losing money , you would think a price cut would do alot more damage than a few units which werent being sold. I still feel Nintendo ripped off 80 extra dollars for each and every 3DS that was sold at the full price few months ago and before.

Its pretty obvious they price gouged it at high price since there were no direct competitors and finally lowered the price abit when a competitor actually came out.

It is not price gouging. It is called making a profit. It is not just the "build cost/cost of the components" of an item to find the total cost of something. They also have to make up for all of the R&D that went into putting it all together. Then there is manufacturing cost (actually putting it together), shipping cost, marketing cost, etc. that make up the real cost of something. Realistically all companies would like to sell their product at or above that cost in order to make a profit.

When the price was $250, Nintendo was making a profit on the 3ds hardware. Now after the price drop they are not making a profit on the 3ds hardware. The majority of people were not willing to pay $250 for a 3ds, so Nintendo responded by lowering the price. If the 3ds was selling great at $250 and Nintendo decided to RAISE the price higher, then that would be price gouging.




starcraft: "I and every PS3 fanboy alive are waiting for Versus more than FFXIII.
Me since the games were revealed, the fanboys since E3."

Skeeuk: "playstation 3 is the ultimate in gaming acceleration"

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DakonBlackblade on 29 December 2011

I find it pretty easy to understand whats going on with the Vita in Japan, it has throngs of games that apeal to the Western crowd but this same games dont apeal half as much to the Japanese people, realy Sony should know this would happen when they launched a hardware in Japan trusting Uncharted Golden Abyss would sell it, the game will do the trick on the West but definetly not on the East.

Get some JRPGs (ask Square to do a Final Fantasy something, get a Tales of anything ans so on) on it and all is good.



smbu2000 on 29 December 2011
BasilZero said:
smbu2000 said:

It is not price gouging. It is called making a profit. It is not just the "build cost/cost of the components" of an item to find the total cost of something. They also have to make up for all of the R&D that went into putting it all together. Then there is manufacturing cost (actually putting it together), shipping cost, marketing cost, etc. that make up the real cost of something. Realistically all companies would like to sell their product at or above that cost in order to make a profit. When the price was $250, Nintendo was making a profit on the 3ds hardware. Now after the price drop they are not making a profit on the 3ds hardware. The majority of people were not willing to pay $250 for a 3ds, so Nintendo responded by lowering the price. If the 3ds was selling great at $250 and Nintendo decided to RAISE the price higher, then that would be price gouging.


I still say 200 dollars for the system would of been enough for them to not lose money, but they chose to sell it at 179.99 to attract even more, that was their own choice to sell at a loss despite it being noble or whatever.

Yes I realize development, shipping costs werent implemented in the 100 dollar or so manufacturing cost, I'm not saying the system should be sold for 100 dollars...I'm saying a price range around 200 is more reasonable for both the company itself and consumers rather than 250.

Also are you implying they were making a loss before AND after? One of the reasons why the 3DS was doing so horribly was because of the lack of decent software, when Nintendo released Zelda and more of their first party titles, that is when the sales actually increased, yes the price of the system helped but it was the software which motivated people to buy it. I am pretty sure they would of made close to as many sales as they did now in the past 2 weeks if the price of their system was still at 250 dollars (and if the Vita wasnt still released).

In your previous post you said they were selling the system for double what it cost to make. Now your saying that they would still be in the black by only a little selling it for $200? You're contradicting yourself here.

No, I'm saying they were profiting at $250, but are now losing money on the hardware at the current price point.

Do you seriously believe they would be selling as much now if they were still at the old price? The lower price has made it more accessible and much easier to get into as the price is similar to a PSP/Dsi/XL system. It makes the 3ds a much easier choice as it can also play DS games for the same price as a DS.




starcraft: "I and every PS3 fanboy alive are waiting for Versus more than FFXIII.
Me since the games were revealed, the fanboys since E3."

Skeeuk: "playstation 3 is the ultimate in gaming acceleration"

FinalEvangelion on 29 December 2011
sales2099 said:
gameonbro said:
sales2099 said:
3DS beating Vita by a wide margin.....but i didnt expect the PSP to beat the Vita. Not to mention Vita software has no holiday legs.

Sony is learning the hard way (again) that giving the competition head starts = bad.


not all has to do with competition.  alot of it has to do with the games.  mario =>>>>> drake.  zelda monster honster sony cant compete with that.  even if vita and 3ds came out together 3ds wins.  just like ps3 and xbox.  ps3 is beating the xbox in the world not because of blu-ray(it help)  but because microsoft is dying in the game dept.  the us is more trendy that why people love the kinect and still buy wii.

i have a ps3 but have 0 blu-ray movies.

This isnt the proper forum but just want to put out there that PS3 isnt beating xbox in the world. This very site we are on still shows 360 having a global lead. 

 

You should probably hold that thought until the shipment figures / Nintendo sales charts are released in Jan. / Feb.  Almost everytime, the PS3 is doing better in difficult to track regions than people think.



"Naturally the common people don't want war: Neither in Russia, nor in England, nor for that matter in Germany. That is understood. But, after all, IT IS THE LEADERS of the country who determine the policy and it is always a simple matter to drag the people along, whether it is a democracy, or a fascist dictatorship, or a parliament, or a communist dictatorship. Voice or no voice, the people can always be brought to the bidding of the leaders. That is easy. All you have to do is TELL THEM THEY ARE BEING ATTACKED, and denounce the peacemakers for lack of patriotism and exposing the country to danger. IT WORKS THE SAME IN ANY COUNTRY."  --Hermann Goering, leading Nazi party member, at the Nuremberg War Crime Trials 

 

Conservatives:  Pushing for a small enough government to be a guest in your living room, or even better - your uterus.

 

Maynard_Tool on 29 December 2011
Carl2291 said:

Saw this post on GAF -
___________________________________________________________________________

The lowest cost you can get into a Vita for , with one game is (using RRP) :

Wifi model : 24800 yen
+
4 GB card : 2200 yen
+
Dark Quest : 2800 yen

= 29,800 yen

ALTERNATIVELY, you can get the following :

3DS : 15,000 yen
+
Mario Land : 4,800 yen
+
Mario Kart 7 : 4,800 yen
+
Monster Hunter Tri G : 5,800 yen

= 30,400 yen


Just let that sink in a bit....
___________________________________________________________

Kinda points out a huge part of the Vita problem.


Well you can argue that... but back in the day when the 3DS launched, at similar price with no big games (like mario, MH Tri G...) not in the holiday season, I think it sold a lil bit more than 70K .....



03/10/09 HUGE day in my life:

http://www.vgchartz.com/forum/thread.php?id=63437&page=1

Carl on 29 December 2011
Maynard_Tool said:

Well you can argue that... but back in the day when the 3DS launched, at similar price with no big games (like mario, MH Tri G...) not in the holiday season, I think it sold a lil bit more than 70K .....

3DS' biggest competition was a 6 Year old handheld that had no big (500k) new game released for 2 Months. PSV's competition is a Nintendo handheld that's just had the combined might of a pricecut, Mario Kart, 3D Mario and Monster Hunter behind it.

The 3DS is the successor to a handheld thats sold almost 33 Million units while the PSV is the successor to a handheld that sold less than 19 Million.

The Vita isn't the 3DS.