Extensive overview of GameStop reveals rising profits, world domination plans

"between 41 and 46 percent" of the company's gross profits are coming from used game sales alone.


Due to the fact that they give you 15 bucks for the game you want to trade in and then sell it for 40-50

Ebay ppl ebay!!!

The margins on used games are insane. That's why people should be using sites like commuto.com or goozex to trade their games and get full value back. Why allow these crooks to give you 20 cents on the dollar when you can get par?

Amazon should just completely undercut them... They could do it and still turn a great profit. The only reason it hasn't happened is because of a wink and nudge between competitors keeping the prices the way they are.

Well all games I buy are new and I like to keep the games so I am glad I am in that 46 percent.

And yet they only give stores 80 hours a week to function. Shittiest company ever

If it wasn't for the 50% discount I get on used games there (up to a maximum of 3 games at a time though) I probably wouldn't buy that many used games from gamestop, as Amazon is usually cheaper without factoring in the discount.

Look children, I work for Gamestop... Yes they are stingy, if you honestly think any large retail chain cares about you then you are an idiot...

If you're trying to sell 1 or 2 single new release games that you (like an idiot) bought before playing some kind of demo and didn't like, then yes Amazon.com is probably going to get you somewhere between 15-20 more dollars...

If you're selling some games that aren't in like-new condition in bulk then Gamestop takes the cake easily... This Xmas season I saw tons of little kids come in with their stacks of old crappy-condition games and walk away with 100+ dollars in store credit... Can Amazon do that for you? Didn't think so...

Let's use our brains here before we make outlandish comments... And as Tmac above stated, if you actually possess social skills and befriend Gamestop employees, you better believe we'll hook you up, I hook up some cool frequents in my store alllll the time.. Give em free reserves, discounts, hold games I'm not supposed to, etc.

It's called interpersonal relations, you should give it a try, something your beloved website retailers don't have.. ya know, flesh and blood sales people with personalities

ALL HAIL SCROOGE MCDUCK!

I don't know if this has been mentioned yet, but the raw numbers need a little context (do with them whatever you want): The margin on new games is small, during the PS2/XBOX/Gamecube era I know it was roughly $7 profit on a $50 game. The price of new is set by the publisher, and the price of a game near it's time of launch is a matter of contractual obligation.
The margin on used games is much larger, the difference between the trade-in price and the used sale price.

IMO, if you are selling your games back, and feel that Gamestop is not giving you fair value for your title, do not agree to trade it in. Market economics. The price is not negotiable, but you are not required to sell it to them. One tip is to simply find out the used price they are selling, and sell your game yourself (ebay, amazon, etc). The only reason their used business model is attractive is because those who trade in will take a hit on their trade in rather than find another secondary market to sell to.

Also, if companies did not want Gamestop to sell their games used, they could change it: make it illegal to sell the game, essentially make it like some PC titles are (Gamestop has never been in the used pc business, this is one reason why). Unfortunately, this would probably also make it illegal for you to sell the game yourself, since you would never have that right on purchase.

gamestop employees are cool, but the company sucks.

all the people i know who works/worked for gamestop hates the company. they only stick around for the free swags(employees get first dips on reservation promotion), discounts and the game checkout (mostly for the game checkout).

oh and do i mention employees gets only a 25 cent max raise per year?

exactly.

Any business, especially pawn shops, that deal in the purchase/resale/pawn/payday loans thrive in an economic recession. Gamestop is no exception.

God forbid a company make a damn profit, right? OUR ECONOMY SHOULD ALWAYS STAY IN THE CRAPPER LOL!

People are stupid as dirt to sell games to gamestop, guess thats how bush got elected twice. I can sell a barely used game on ebay for $40 or more and gamestop would give me $15 at most for it, maybe $20. And people are actually going for it?? wow, not sure if money is important to these people or if they are just that DUMB

I think its so interesting people make it out like Gamestop are the biggest criminals ever.

But the fact is they make 50% of the PROFIT of the business from 22 - 28% of the REVENUE.

The fact of the matter is without the used game market Gamestop would hardly be making any money at all, because the cut they get on new games sales/accessories which accounts for 80% of the business doesn't even make half the profit of the business. Its just god damn COMMON SENSE they focus on the used game market.

Now instead of looking at this from the irrational point of view, if you were the CEO of Gamestop what would you do.

Sell more of new games where the prices are set and your cut is non negotiable or....

Focus on used game market where essentially you can make the same amount of money you would make selling on new games without having to sell the same amount of titles, which takes up store shelf/inventory...

Gamestop is not forced on anyone and they are not the only competitor in the market. Its a free economy. The fact that you feel they don't give you value for your tradeins is not there problem since they never force you to except what they offer, and they are not your only options. Fact is Gamestop provide a service which helps to keep/make jobs,bring in taxes and help the economy.

"Why in the hell would anybody would purchase DLC"

A real point dexter lolz