I thought they dominated UK like Gamestop in USA?
Why are they suddenly closing shops and all that?
I thought they dominated UK like Gamestop in USA?
Why are they suddenly closing shops and all that?
People says its there prices.. but that isn't true, they have actually always done good deals.
i don't actually know the reason
| PlaystaionGamer said: People says its there prices.. but that isn't true, they have actually always done good deals. i don't actually know the reason |
I do think its the prices actually. You look at most of their brand new just released games. They want £40 online, and its normally more in-stores. Online shops like Amazon and ShopTo are always undercutting them now, and the economic uncertainity will live in at the moment means that if people are going to buy a game at all, they're going to buy it at the cheapest price.
Its pricing which there are undeniably higher on new releases, yes they have deal on older titles. Its terrible customer service on the most part, and its there threating sales pushing, they bombard you with questions even if your buying something, they will ask you to preorder something no less than 3 times, they will try to cross sell you stuff and try to sell you second hand stuff over new stuff. All in all its alot cheaper and less in your face just to buy off amazon, plus amazon like a lot of online shops will deliver games the day before release.
Theyve bullied the publisher in the past and now there on there knees the publisher are just getting there revenge, apparently there not stocking EA games, cos EA wont sell them to them in less than massive quantities that they could never hope to shift. Game bit the hand that fed them along time ago, now its come back to bite them on the ass.
Its pricing are poor for new releases, I never buy from them new.
| ioi said: They are basically like the UK version of Gamestop but they aren't run anywhere near as efficiently or profitably. I went to meet with the board of execs last year to pitch data services to them as they were struggling so much and needed to boost profitability. They have invested a lot in trying to capture digital download sales in-store and via apps, spend a lot of money trying to understand and characterise different consumer types and offer things like pre-order incentives to capture a larger percentage of week one sales but the bottom line is price, especially in a recession, and getting constantly undercut by the likes of Tesco (think Walmart) and Amazon really hurts their business. They also own GameStation and on of the best examples of their inefficiency is the fact there are often 2-3 Games and 1-2 GameStations in any decent town - their overhead costs are enormous. |
Nice explanation, does the price differ so much? For us mainland europeans importing from UK is a lot cheaper, I just go to one UK website and see new games for 37 pounds shipped whereas in the stores its 60 euros. Thats almost 20 euros saved. :)


| ioi said: They are basically like the UK version of Gamestop but they aren't run anywhere near as efficiently or profitably. I went to meet with the board of execs last year to pitch data services to them as they were struggling so much and needed to boost profitability. They have invested a lot in trying to capture digital download sales in-store and via apps, spend a lot of money trying to understand and characterise different consumer types and offer things like pre-order incentives to capture a larger percentage of week one sales but the bottom line is price, especially in a recession, and getting constantly undercut by the likes of Tesco (think Walmart) and Amazon really hurts their business. They also own GameStation and on of the best examples of their inefficiency is the fact there are often 2-3 Games and 1-2 GameStations in any decent town - their overhead costs are enormous. |
Sounds like management problem with exec not knowing how to run the business?
Basically the main reasons are:
1) First hand prices are undercut by all online retailers.
2) Supermarkets have got in on video games, undercut them plus take a large portion of the market.
3) Digital is increasing and hurts them more and more
4) Supermarkets, HMV + CEX have started doing second hand games and do it much much better.
5) Bad mis-management and horrendous overheads.
I expect to see a lot of the shops to shutdown and Gamestop take over.
Well now they need cash and they are discounting everything... I mean Everything.... I made already £100 of profit to resell things on ebay.
They are shit. customer service awful - prices horrible - no trade in value (at least 25% less than the others) - they only do great deal second wekk of each big release.
Switch!!!
| fedfed said: Well now they need cash and they are discounting everything... I mean Everything.... I made already £100 of profit to resell things on ebay. They are shit. customer service awful - prices horrible - no trade in value (at least 25% less than the others) - they only do great deal second wekk of each big release. |
An interesting concept. Not sure how, DS lite on it's own doesn't go for more then £35 which is what they are selling it for instore at the moment.
Gamestation have a pricematching service, find proove it is better elsewhere and they give you a quid more. But consider it like this, if they matched everything and gave you a quid more then theyr profits on selling the item again are minized, if they don't sell it they are just making a loss. For every person that comes in and gets matched trade in and a quid, there are a few that don't and get what they can, Gamestation make more profit. They are still a high street store though, HMV I doubt is fairing any better on the high street.
Hmm, pie.