packoman Posted March 17, 2012 Share Posted March 17, 2012 Should I think about using my GAME points up? Link to comment Share on other sites More sharing options...
Davkaus Posted March 17, 2012 Share Posted March 17, 2012 ^I've explained that before. It looks stupid to the customer, but from the businesses point of view it's a perfectly normal and valid thing. Maybe there's a link between something so ridiculous seeming like a normal and valid thing, and the company going down the shitter. Link to comment Share on other sites More sharing options...
Chindie Posted March 17, 2012 VT Supporter Share Posted March 17, 2012 There isn't. Things like that happen when the company wants to shift new stock. The new stock and preowned stock are considered as wholly seperate items, their prices are not set to correlate, there is nothing set up that says that the new must always be a higher price than then preowned. Because you can't do that. They have different values to the company. Stock that isn't sold costs money. There is inherently less profit in new stock in the games world than preowned (usually - preowned can easily make a loss too but tends to take longer, which is why the idea that selling preowned automatically means that a company is raking in money hand over fist is incorrect), thus there is often a pressing need to move new stock on. The same may not be said of the preowned. So you often will find that a company sells new stock at a lower cost than they would a preowned. It looks silly to the customer because the customer is not looking at the business perspective, they're coming to the store simply to buy an item, and they view the new and preowned as the same thing. The business doesn't, they value them differently and see them as entirely seperate items. GAME Groups problems are not down to things like this, not by a long shot (I've already dealt with exactly what the problems are). If it were the case, they'd have gone bust years ago, because they've been doing this since day one. And will continue to do so. And if Game and Gamestation live on, in one form or another, it'll continue to happen. It's just the way it is. Link to comment Share on other sites More sharing options...
Risso Posted March 18, 2012 Share Posted March 18, 2012 That's just looks like bad business practise to me. The optimum business outcome for the company would be to sell both items, and if they're priced so that one of the items won't be sold, then that's not a successful strategy. Faulkner's not a director of Game is he? Link to comment Share on other sites More sharing options...
HolteEndRob Posted March 19, 2012 Share Posted March 19, 2012 I've got about 8 games that I want to trade in. I'd better hurry up and do it fairly soon just incase. Link to comment Share on other sites More sharing options...
Stevo985 Posted March 19, 2012 VT Supporter Share Posted March 19, 2012 That's just looks like bad business practise to me. The optimum business outcome for the company would be to sell both items, and if they're priced so that one of the items won't be sold, then that's not a successful strategy. Faulkner's not a director of Game is he? It depends. If they've got 2 pre-owned copies of Madnation racers but 150 brand new copies, then it makes perfect sense. The customer will think "wow, I can get it brand new for cheaper than it is pre-owned, bargain!" Pricing it like that makes them more likely to sell the unwanted new stock. If they priced the preowned cheaper, as you'd expect, then that small amount of pre owned stock woul dbe gone very quickly and they'd be left with a load of new stock they can't shift. Link to comment Share on other sites More sharing options...
hogso Posted March 19, 2012 Author Share Posted March 19, 2012 GUYS you're forgetting one key thing Mod Nation Racers was terrible, therefore it makes no sense Link to comment Share on other sites More sharing options...
Stevo985 Posted March 19, 2012 VT Supporter Share Posted March 19, 2012 I've never even heard of it, so I'm happy to go with that Link to comment Share on other sites More sharing options...
hogso Posted March 19, 2012 Author Share Posted March 19, 2012 It was supposed to be a cross between Little Big Planet and Mario Kart, well, it was a cross between Little Big Planet and Mario Kart...just not a good one. Users made their tracks and shared them, customised their cars and stuff, on paper that sounds alright, but from what I remember the most important part - the racing - was pretty horrible. I went in game and gamestation for the first time in ages at the weekend, maybe to pick up a bargain. Ehhh I didn't. Only thing that caught my eye were some cheap 2nd hand Wii's, which I'm semi-interested in, but they're not stocking the game I wanted for it... Link to comment Share on other sites More sharing options...
lapal_fan Posted March 19, 2012 Share Posted March 19, 2012 I asked for the Assasins Creed 320gb PS3 bundle, but they didnt have any in :cry: Link to comment Share on other sites More sharing options...
Chindie Posted March 19, 2012 VT Supporter Share Posted March 19, 2012 That's just looks like bad business practise to me. The optimum business outcome for the company would be to sell both items, and if they're priced so that one of the items won't be sold, then that's not a successful strategy. Faulkner's not a director of Game is he? It depends. If they've got 2 pre-owned copies of Madnation racers but 150 brand new copies, then it makes perfect sense. The customer will think "wow, I can get it brand new for cheaper than it is pre-owned, bargain!" Pricing it like that makes them more likely to sell the unwanted new stock. If they priced the preowned cheaper, as you'd expect, then that small amount of pre owned stock woul dbe gone very quickly and they'd be left with a load of new stock they can't shift. That, basically. It doesn't happen all that often, but it does sometimes. Obviously what Risso suggests is what you aim for, but sometimes it becomes more important to move the new stock than the used. Link to comment Share on other sites More sharing options...
jon_c Posted March 21, 2012 Share Posted March 21, 2012 Just gone into administration, just seen on bbc. Real shame, not good news at all. Link to comment Share on other sites More sharing options...
Chindie Posted March 21, 2012 VT Supporter Share Posted March 21, 2012 Just got a call confirming the above. : :| Link to comment Share on other sites More sharing options...
GarethRDR Posted March 21, 2012 Share Posted March 21, 2012 Few news outlets reporting that possible first steps of a continuation plan would involve closing all Gamestation stores by the end of Monday. Link to comment Share on other sites More sharing options...
PieFacE Posted March 21, 2012 VT Supporter Share Posted March 21, 2012 If they do decide to close all the shops what will happen to all the games? Will they just sell them as cheap as possible? Link to comment Share on other sites More sharing options...
GarethRDR Posted March 21, 2012 Share Posted March 21, 2012 I'd imagine leftover stock will be shifted over to the remaining GAME stores. Link to comment Share on other sites More sharing options...
Chindie Posted March 21, 2012 VT Supporter Share Posted March 21, 2012 MVC was reporting yesterday that one option on the table (of 4, 1 of which had been written off and the other was massively unlikely, leaving 'Go bust' or 'Go bust and try to start again' as options) was to voluntarily enter administration by the end of the week, dump half the stores (i.e. nuke Gamestation) and start over on Monday... which looks like it's happening. They won't close all of the Gamestation stores, a couple of them make incredible money and have superb placement - the New Street store has become so large that it's run as it's own region now I was hearing the other day. They'll keep a few choice stores. The others will go. Don't expect some massive everything must go sale either. Gamestation stock will go to Game branches. Some new stock, particularly Sony stuff, will go back to them (you may have noticed a sticker on the back of Sony products bought from Game/Gamestation/HMV recently, that basically says 'Property of Sony - go bust and we want this back'. Basically this means my job is not long for this world. My store is profitable, largely because it does steady trade and has absolutely tiny overheads, but the local Game does bigger money and is in a better location - meaning my store will be chopped, meaning I'm out of the job no doubt. I can't deny I don't like an awful lot of the job, and only did it to get some cash in my pocket and something on my CV post uni, but we've got some great guys and I've had a laugh more often than not and we're generally considered to be a good store. And now we'll all be out on our ear. Link to comment Share on other sites More sharing options...
GarethRDR Posted March 21, 2012 Share Posted March 21, 2012 Just bagged my bargain haul. RDR: Undead Nightmare Medal Of Honour T1 Mortal Kombat IL*2 Sturmovik F1 2011 Fallout New Vegas F3AR Borderlands TOTAL: £87 Might pop back in over the weekend and pick up a slimline 360. Link to comment Share on other sites More sharing options...
GarethRDR Posted March 21, 2012 Share Posted March 21, 2012 Damn it Chindie, why couldn't you have said that 5 minutes earlier so I would've seen it?! Now my glee justs seem crass and inappropriate. Anyway, chin up old bean, where a door closes a window opens. I got made redundant last year, a mere 2 months later I was doing a better job with better people. Link to comment Share on other sites More sharing options...
Chindie Posted March 21, 2012 VT Supporter Share Posted March 21, 2012 I've gotten used to the hideous glee some people have at seeing a company go under. I've basically stopped using HotUKDeals since the companies issues went more overtly public, as reading the comments (which is a necessary evil on that site), for someone who was employed by that company, made me angry. Link to comment Share on other sites More sharing options...
Recommended Posts