The Decline of GameStop...What Happened?
Video Statistics and Information
Channel: Company Man
Views: 1,298,163
Rating: 4.9182663 out of 5
Keywords: GameStop, Video Games, Atari, Nintendo, Playstation, Streaming, Business, Company Decline
Id: YXEfgFCkv4k
Channel Id: undefined
Length: 11min 51sec (711 seconds)
Published: Wed Jun 05 2019
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i haven't bought a game there in 5 years due to there aggressive sales tactics, i dont want a membership, magazine's, etc. I just want the game and be on my way
Thatβll be $3.72 for seven original copies of super smash brothers on the Nintendo, 17 Xbox ones and your still in the box gameboy.
Steam happened, then consoles copied the online store concept. Saved you a click.
Ok, theres so much hate here for gamestop, which I don't really understand. As someone who's worked there, I've never worked with someone who's done any of the shady stuff some people are talking about? Changing prices mid day? Trying to hide it from customers? What? The UK equivalent someone mentioned here is NOTHING like any gamestop I've ever worked at. The trade value hyperbole never made sense to me? Like what games are you guys trading in that gets you cents? Madden 16? Old call of duty games? They get released every year, of course their value is trash. No one wants to buy them and they're overflowing the backstock. I don't mean to sound like a gamestop propaganda machine, but it kinda sucks to see it be completely misrepresented this way when I know people who really care about what they do, and always go out of their way to help their customers. It feels even worse when you're the one behind the counter trying to get someone a good deal and they hit you with a rehashed meme about the trade credit on their copy of battleborn that they "paid $60" years ago before the game itself crashed and burned. Definitely not a perfect company by any means, but geeze.
Just saw an article that gamestop is cannibalizing think geek.
These people are inept. Why on God would you do that? Everyone hates you game stop why would you ruin think geek like that
Edit: here's the article
I remember when GameStop's servers crashed because the Ness amiibo was released and so many people were trying to order it. I was in line and waited like 25 minutes because we thought it was a limited release. I'll always have a soft spot in my heart for GameStop.
In the same way that people have described Best Buy as a 'showroom floor for Amazon', I can see a move to save GameStop as being a sort of 'exclusive' niche market, a kind of showroom floor for the latest games.
Imagine the booths at E3, how demos of those games are revealed and playtested. Not everyone gets to go to E3, and GameStop's online presence is lackluster (hell their print presence is trash). Rather than letting IGN tell us about the games, GameStop could move more towards a showroom style retailer. Present the games, offer demos, employ passionate people who can both manage sales, AND get a kick out of playing games with their customers.
Using kiosks is a technique that has fallen by the wayside, but in an effort to save malls, outlets, really any kind of shopping center, companies need to make more of an effort to provide an experience for their customers. There is a time and place for bargain bin hunting, and that's the last thing the gaming industry wants right now. Not saying I don't save up for every Steam sale that comes around, but when a new game is announced, I expect to get hands on with the controls and mechanics as quickly as possible. Demos take forever to download, so give me something that I can see, touch, and hear as a precursor to a November 2020 release.
Customers aren't there to buy socks. They're not going into GameStop to buy tee shirts. Competition, especially in malls (Spencer's, Hot Topic), means that store managers and buyers are sitting on product that goes Clearance after six months, and still doesn't sell after numerous markdowns.
Limit physical inventory (which is a huge drain on every brick and mortar), provide limited runs of AAA titles, invest harder into the limited edition packages, offer discounts on preorders through membership programs with an emphasis on free cancellation when things go south (as they're wont do do in this industry), and finally, move away from the used game market.
If they want to remain profitable, they need to realize the retail system they've been working off of doesn't really want to exist in today's economy.
I really enjoy his channel.
If you want to know why gamestop is shit and want a reason other than the rise of digital distribution just try calling your local gamestop. I'm willing to bet you can't get through. They don't pick up the phone.