Amazon and Walmart Price Wars
- Thread starter daigboboh
- Start date
Jesus_S_Preston
CAGiversary!
New Stephen King hardcover for 9 dollars shipped=this price war is working out well for me.
laaj
CAGiversary!
Why is this in the video games forum. That article is clearly about books. Amazon and Walmart doesn't lose money selling video games. And way book market works is completely different than games. Book can sell few tens of thousands of copies and be considered a minor hit and make a profit. You just can't do that with retail games.
[quote name='laaj']Why is this in the video games forum. That article is clearly about books. Amazon and Walmart doesn't lose money selling video games. And way book market works is completely different than games. Book can sell few tens of thousands of copies and be considered a minor hit and make a profit. You just can't do that with retail games.[/QUOTE]
[quote name='laaj']Why is this in the video games forum. That article is clearly about books. Amazon and Walmart doesn't lose money selling video games. And way book market works is completely different than games. Book can sell few tens of thousands of copies and be considered a minor hit and make a profit. You just can't do that with retail games.[/QUOTE]
What? There is like a 10% markup on brand new games if even. Stores make almost no money off new releases. The money is in the used games and EBGames has known this for year. Why pay $60 and sell for $70 when you can buy a "used" one for $20 and resell for $45.
Why do you think Futureshop and Best Buy followed with the used games and trade ins?
What? There is like a 10% markup on brand new games if even. Stores make almost no money off new releases. The money is in the used games and EBGames has known this for year. Why pay $60 and sell for $70 when you can buy a "used" one for $20 and resell for $45.
Why do you think Futureshop and Best Buy followed with the used games and trade ins?
laaj
CAGiversary!
[quote name='Peroxide']What? There is like a 10% markup on brand new games if even. Stores make almost no money off new releases. The money is in the used games and EBGames has known this for year. Why pay $60 and sell for $70 when you can buy a "used" one for $20 and resell for $45.
Why do you think Futureshop and Best Buy followed with the used games and trade ins?[/QUOTE]
Yes but the link OP posted was saying how Walmart and Amazon LOSE money just to get market share. Losing money and not making much money is not the same thing. How Walmart, Amazon, and even Target selling best seller books under $10 at a loss is comparable to video game is beyond me. No retailer sells just released best selling games for $30-40. They might do that for limited time on few titles here and there but not every best seller.
Why do you think Futureshop and Best Buy followed with the used games and trade ins?[/QUOTE]
Yes but the link OP posted was saying how Walmart and Amazon LOSE money just to get market share. Losing money and not making much money is not the same thing. How Walmart, Amazon, and even Target selling best seller books under $10 at a loss is comparable to video game is beyond me. No retailer sells just released best selling games for $30-40. They might do that for limited time on few titles here and there but not every best seller.
[quote name='laaj']Let me make it simple for you: books are not same as games.[/QUOTE]
Where did I say the article is about games? I think the point is there are certain economic principles at work that make Amazon and Walmart match promotions on video games, i.e.
I quoted one section from the article in the OP to generate some interest; I don't expect people to blindly click articles and start reading them. Maybe you could write us an article on the economics of video games, and get it published. I'm sure you're qualified, because everyone with an opinion on the internet is a genius.
Where did I say the article is about games? I think the point is there are certain economic principles at work that make Amazon and Walmart match promotions on video games, i.e.
Let me make it simple for you: video games are an industry in which many competitors are selling the same product. Yes, video games are a different medium, but they are still a physical product that can be bought and sold online. You're confusing the one example he uses--books--with the universal economic reasoning behind price wars in general.
I quoted one section from the article in the OP to generate some interest; I don't expect people to blindly click articles and start reading them. Maybe you could write us an article on the economics of video games, and get it published. I'm sure you're qualified, because everyone with an opinion on the internet is a genius.
[quote name='laaj']Let me make it simple for you: books are not same as games.[/QUOTE]
I guess you missed the price war this week when Amazon matched Walmart's 360 Arcade + $100 gift card deal? It really isn't that outside of the box to apply the article to games.
I guess you missed the price war this week when Amazon matched Walmart's 360 Arcade + $100 gift card deal? It really isn't that outside of the box to apply the article to games.
bread's done