Official Goozex Thread - Goozex is Hiring!

Just did a Goozex search for all consoles, everything in a "Full Package" (which is all I deal with) and it returned just 501 results. Yike.

So where do we go now? :/
 
Back to Gamestop.

Why anyone still goes on about how awesome Goozex is is beyond me. Amazon has new games for $60 typically with $10/$20 credit. And you can sell them back for a decent amount to! And Amazon pays for shipping BOTH ways!

Looks like everything took a hit. I have 1,000 points and 6 token. And nothing is available. Shit.
 
I'll keep getting the 1 dollar rate, but yes - new games can generally be found from a B and M or etailer within a month or two for 35-50 bucks, if not cheaper with preorders, and the point values don't seem to adjust nearly as quickly as that - and some cheap games aren't worth it to buy or ship between shipping costs and the low return on points. I've received one game in the past few months, and haven't sent any out.

Doubling the cost of entry will surely slow down membership growth and that can't be good.

I won't argue that Goozex still has a much better return on your dollar than Gamestop - but that return is only good if you can spend the money. Ten bucks at a store I buy stuff from is much better for me than twenty bucks at, says, Dicks Sporting Goods - that twenty bucks does not have twenty bucks in value for me.

Goozex points do still have value for me, but the seller's marketplace is very lean and fickle - taking a lower return and selling to Amazon might be worth it for the stronger purchasing power.

I need to use my 2350 points before I'm stuck with them...
 
Well this sucks, I guess I'll add more stuff to my queue and see if I can kill my tokens and points off. Hopefully they'll run a points and token sale help ease things in the short term.
 
I have a strong feeling this is the end of Goozex. Maybe they are trying to get purchased? Doubling the rate is dumb. Make anything 500 points and up 2 tokens. But with everything being $2 now, who the hell will put 100-300 titles up?
 
The cost of things go up, the extra cash will bring better cs and better servers. Im not worried about tokens i stocked up about a yr ago
 
I extremely doubt this will be the end of goozex. But I can see this having a damaging effect on trade volume and being counterproductive with revenue for the site. Less trades = less profit.
 
[quote name='kube00']The cost of things go up, the extra cash will bring better cs and better servers. Im not worried about tokens i stocked up about a yr ago[/QUOTE]

Yeah, good luck with that. $2 a token with less people and less trades? Yeah, no. This is the hail mary before they close up shop. Raising prices 100% is ridiculous. Lots of people have already pulled all their inventory. As it stands, most of it is just scalpers trading in cheap movies/games for some quick points.
 
[quote name='antlp89']I extremely doubt this will be the end of goozex. But I can see this having a damaging effect on trade volume and being counterproductive with revenue for the site. Less trades = less profit.[/QUOTE]

The big time people should be scared. They have built up tons of tokens and points, and there won't be much available. New users certainly wont join up either. Oh well. I just need to dump my points fast. Wish I could give away these extra tokens.
 
I wish I could cash out my final 100 Goozex points and be done but no one is trading the 100 point games I'm actually at the front of the line for. Ugh. It doesn't make sense for me to invest in Goozex because their point assignments to games are just terrible these days. It makes more sense to pay money out 'in the real world' than to trade anything on Goozex.
 
[quote name='jaysapathy']Just did a Goozex search for all consoles, everything in a "Full Package" (which is all I deal with) and it returned just 501 results. Yike.

So where do we go now? :/[/QUOTE]

I don't know what you're looking at, but when I searched it showed 4,775 full package games listed as available.
 
More Chicken Littles on CAG as well I see.

It was inevitable cost of trades went up, as Goozex has seen business costs increase. Leasing space for offices go up, taxes go up, server/bandwidth costs go up, and many other factors. This isn't a greed thing, this is about staying afloat as a business.

I do wish they'd make it $2 for everyone, and not just under 500 feedback (And I am the #1 trader on the site saying this), but I believe they looked at volume of trading and made the decision. Someone like me brings in constant revenue as I send and receive probably 40-80 items combined each month. Someone who only trades 1 - 5 times doesn't.

But seriously, $2 is not the end of the world, as your value is still better than Amazon, Gamestop, or Ebay (Unless you are looking for cash from ebay or amazon).

Gamestop gives you maybe 25%, but more like 10% for a game, then sells it at a huge markup.

Both Amazon and Ebay have seller fees that can easily total between $4 and $10 a trade. So $2 on Goozex is not that bad.

They have stated themselves in their newsletter, had anyone ACTUALLY READ THE DAMN THING, that this is to also help improve their services. They are adding the option for Disc + Case to the Matrix Match, they are going to help improve customer service, and they have other things set up to help make the site better that they haven't yet announced.

I know the guys who run Goozex personally from various meet ups in the area, and these aren't guys looking to screw over their members. They are trying to bring in the money needed to keep their business up to speed for the growth they have had. Stop with "The sky is falling" crap, as that is not the case at all.
 
[quote name='G-Nitro']More Chicken Littles on CAG as well I see.

It was inevitable cost of trades went up, as Goozex has seen business costs increase. Leasing space for offices go up, taxes go up, server/bandwidth costs go up, and many other factors. This isn't a greed thing, this is about staying afloat as a business.

I do wish they'd make it $2 for everyone, and not just under 500 feedback (And I am the #1 trader on the site saying this), but I believe they looked at volume of trading and made the decision. Someone like me brings in constant revenue as I send and receive probably 40-80 items combined each month. Someone who only trades 1 - 5 times doesn't.

...

They have stated themselves in their newsletter, had anyone ACTUALLY READ THE DAMN THING, that this is to also help improve their services. They are adding the option for Disc + Case to the Matrix Match, they are going to help improve customer service, and they have other things set up to help make the site better that they haven't yet announced.

I know the guys who run Goozex personally from various meet ups in the area, and these aren't guys looking to screw over their members. They are trying to bring in the money needed to keep their business up to speed for the growth they have had. Stop with "The sky is falling" crap, as that is not the case at all.[/QUOTE]

Everywhere I go you're tooting your "I'm the #1 Trader!" horn. I personally really don't care, and I don't see how it's relevant to the argument. The fact of the matter is, even as the #1 trader, this affects everyone. You're a big ticket trader; 1000 point games and all that. Some of us don't do that. You high rollers tell yourselves that this won't affect you, bu tthe reality is that if people are scared off, YOU HAVE NOBODY TO TRADE WITH. You don't seem to get that, no matter how many times it's beaten into your head. If you're a big sports gamer, sure, Goozex is paradise. However, it's difficult enough to get friends of mine on the site with the $1 per transaction fee, let alone $2. All these "It's just a dollar" arguments may be valid for those of you who spend hundreds a month on gaming stuff, and deal specifically in something 800pts+ and above, but for the little fish who deal mostly in 100 point games (old school stuff), this gives us the absolute shaft. The model has molded to fit those high rollers and eliminate all the small time traders. There's no separation between who's more important: one of those 100 point traders could suddenly find a copy of Xenosaga at a yard sale and trade it to a collector. It's no secret that a few areas like the old school and handheld have dried up, and I think this trend is just going to continue. At the end of the day, you high rollers will only have yourselves to trade with, and if that's okay for you, more power to you. There are some of us who aren't always looking for the latest and greatest, and for us, Goozex has dropped the ball substantially by scaring people off.

I get that it's about "cost". Goozex's only overhead is bandwidth costs. The members send packages directly to each other, cutting out the middle man. Theoretically, Goozex doesn't need an office -- the owner can just run it out of his home (which, if he's smart, is what he's doing). If you break it down, the ONLY expense Goozex has monthly is bandwidth costs. If they're not utilizing their advertising revenue properly, then it's not the users' fault, and we shouldn't be unfairly taxed as a result. Running a business costs money.. But it doesn't seem that that's what this is about. If it was, they'd make it a universal $2 trade, because the high rollers are the ones in constant action. Even you, Mr. "#1 Trader On The Site" could be doubling their revenue by paying $2 a trade.. But why aren't they doing that? It feels like they're trying to use the small time game to pad the larger numbers, and I for one get a bit insulted when I think about it that way. So what if I'm not as active as the next guy? Should I be charged more because I'm not? The fact of the matter is, there really hasn't been a lot of what I'm looking for on Goozex lately. I've had people biting on trades, but nobody's putting anything up. That's the problem.

This $2 raise isn't going to encourage trading, which is the real problem on the site. A place like Goozex needs a constant flow of new traders, and you're not going to get it if you start charging people in the shorts for it. This isn't about money -- there's just too many places Goozex could be cutting costs to make it. This sounds to me more like a price raising experiment to see what they can get away with and line the pocket books.. Otherwise, the $2 would be universal, and they'd be making 90% of their revenue off you large cats. As I explained in another thread, with the old school stuff that I deal in, the $2 cost now means my price breakdown is $2 for a trade, $3 for shipping. By the time I hit that, I can buy it locally. No waiting necessary.

Look, it's not that I'm against Goozex, it's just that the flaw in the business model is finally coming to light. You can defend it and beat your chest like a gorilla all you want and tell everyone how great it is, but when it comes down to it, the only people left will be you and six other guys if this keeps up. Without the little 100 point trader foundation, the site collapses. This will scare them off, and you will have no other option than to trade within your small group of 6. I know for absolute fact that even though the high rollers might be happy with that, the rest of the site will not be. Goozex is what it is because of variety, and without new members, there is none.

You should really be thinking about what you say and how you're treating people, Nitro.. Every time you say "I'm the #1 Trader On The Site!" you're representing Goozex as a company, whether you like it or not. If you continue to be a dick, it's not going to help Goozex's PR ("If he's the best trader on the site and he's an asshole, I wonder if the rest of them are..."), and it's not going to help your collection. At least try to see it from someone's point of view, and stop being a git about it. These are legitimate concerns.
 
[quote name='G-Nitro']More Chicken Littles on CAG as well I see.

It was inevitable cost of trades went up, as Goozex has seen business costs increase. Leasing space for offices go up, taxes go up, server/bandwidth costs go up, and many other factors. This isn't a greed thing, this is about staying afloat as a business.

I do wish they'd make it $2 for everyone, and not just under 500 feedback (And I am the #1 trader on the site saying this), but I believe they looked at volume of trading and made the decision. Someone like me brings in constant revenue as I send and receive probably 40-80 items combined each month. Someone who only trades 1 - 5 times doesn't.

But seriously, $2 is not the end of the world, as your value is still better than Amazon, Gamestop, or Ebay (Unless you are looking for cash from ebay or amazon).

Gamestop gives you maybe 25%, but more like 10% for a game, then sells it at a huge markup.

Both Amazon and Ebay have seller fees that can easily total between $4 and $10 a trade. So $2 on Goozex is not that bad.

They have stated themselves in their newsletter, had anyone ACTUALLY READ THE DAMN THING, that this is to also help improve their services. They are adding the option for Disc + Case to the Matrix Match, they are going to help improve customer service, and they have other things set up to help make the site better that they haven't yet announced.

I know the guys who run Goozex personally from various meet ups in the area, and these aren't guys looking to screw over their members. They are trying to bring in the money needed to keep their business up to speed for the growth they have had. Stop with "The sky is falling" crap, as that is not the case at all.[/QUOTE]

leasing for an office LOL .. how their customer service is you could run this out of your bedroom...

goozex doesnt give a #$#$# if the seller sends you disc only when you request full package ....


i just had 2 games sent to me with postage do... what did goozex do about this.. not a #$#$ Thing...so i was out my Trade token that cost a bucks.. and i was out 1.25 to 2 bucks to cover the postage of the #$#$# who sent the games with a 44 cent stamp ... Goozex didnt do a #$#$# thing to them or credit my account for the extra money out of my pocket


do you really think the people you so called meet at the so called meet up are going to tell you ... o by the way our business model is screwed... Now where do you want those 100 trade tokens for 200 bucks ....

i grabbed a lot of 100 pt junk games when i know i can get 100 tokens for 50/60 bucks but now when i know the tokens will cost me 1 buck to replace them all i will be more unlikely to buy DISC only junk and those 100 pt games will just sit there with noone to buy them....

if the business model is so good then why tell me that the handheld market over there is almost dead

still say within the next year you either see this site go belly up or switch to another way to trade that will #$# over people so badly
 
" Gamestop gives you maybe 25%, but more like 10% for a game, then sells it at a huge markup."

This is just not accurate, not even debatable. Go to their annual report and you'll see their gross margin on used games is just under 50% (eg they pay on average half what they sell them for). of course their informed customers do a lot better the the average customer. But its not really comparable anyway with the instant gratification, huge instant choice, no shipping etc.

Ebay is...and as I just showed ebay's fee on selling a $20 valued game ($16+$4SH, 9% FVF + paypal, no listing fee for now) is $2.24, just over the $2 goozex new fee. So any game $20 or less value is as high or higher fee at $2 tokens as ebay. The point of goozex is low transaction cost which should be possible not handling cash transactions. What they provide isn't worth the liquidity, service and stability of the ebay types.

"They are trying to bring in the money needed to keep their business up to speed for the growth they have had."

If you've noticed, the growth in trade volume as been negative for quite some time. there are some new people arriving...which means more are leaving. That there has been a pickup starting the day after the fee announcement would seem to be a very bad sign. Very curios time to announce the increase, in the face of months of declining activity and right in the hot game season when it might be easier to get new user potential users attention.
 
[quote name='jaysapathy']Everywhere I go you're tooting your "I'm the #1 Trader!" horn. I personally really don't care, and I don't see how it's relevant to the argument. The fact of the matter is, even as the #1 trader, this affects everyone. You're a big ticket trader; 1000 point games and all that. Some of us don't do that. You high rollers tell yourselves that this won't affect you, bu tthe reality is that if people are scared off, YOU HAVE NOBODY TO TRADE WITH. You don't seem to get that, no matter how many times it's beaten into your head. If you're a big sports gamer, sure, Goozex is paradise. However, it's difficult enough to get friends of mine on the site with the $1 per transaction fee, let alone $2. All these "It's just a dollar" arguments may be valid for those of you who spend hundreds a month on gaming stuff, and deal specifically in something 800pts+ and above, but for the little fish who deal mostly in 100 point games (old school stuff), this gives us the absolute shaft. The model has molded to fit those high rollers and eliminate all the small time traders. There's no separation between who's more important: one of those 100 point traders could suddenly find a copy of Xenosaga at a yard sale and trade it to a collector. It's no secret that a few areas like the old school and handheld have dried up, and I think this trend is just going to continue. At the end of the day, you high rollers will only have yourselves to trade with, and if that's okay for you, more power to you. There are some of us who aren't always looking for the latest and greatest, and for us, Goozex has dropped the ball substantially by scaring people off.

I get that it's about "cost". Goozex's only overhead is bandwidth costs. The members send packages directly to each other, cutting out the middle man. Theoretically, Goozex doesn't need an office -- the owner can just run it out of his home (which, if he's smart, is what he's doing). If you break it down, the ONLY expense Goozex has monthly is bandwidth costs. If they're not utilizing their advertising revenue properly, then it's not the users' fault, and we shouldn't be unfairly taxed as a result. Running a business costs money.. But it doesn't seem that that's what this is about. If it was, they'd make it a universal $2 trade, because the high rollers are the ones in constant action. Even you, Mr. "#1 Trader On The Site" could be doubling their revenue by paying $2 a trade.. But why aren't they doing that? It feels like they're trying to use the small time game to pad the larger numbers, and I for one get a bit insulted when I think about it that way. So what if I'm not as active as the next guy? Should I be charged more because I'm not? The fact of the matter is, there really hasn't been a lot of what I'm looking for on Goozex lately. I've had people biting on trades, but nobody's putting anything up. That's the problem.

This $2 raise isn't going to encourage trading, which is the real problem on the site. A place like Goozex needs a constant flow of new traders, and you're not going to get it if you start charging people in the shorts for it. This isn't about money -- there's just too many places Goozex could be cutting costs to make it. This sounds to me more like a price raising experiment to see what they can get away with and line the pocket books.. Otherwise, the $2 would be universal, and they'd be making 90% of their revenue off you large cats. As I explained in another thread, with the old school stuff that I deal in, the $2 cost now means my price breakdown is $2 for a trade, $3 for shipping. By the time I hit that, I can buy it locally. No waiting necessary.

Look, it's not that I'm against Goozex, it's just that the flaw in the business model is finally coming to light. You can defend it and beat your chest like a gorilla all you want and tell everyone how great it is, but when it comes down to it, the only people left will be you and six other guys if this keeps up. Without the little 100 point trader foundation, the site collapses. This will scare them off, and you will have no other option than to trade within your small group of 6. I know for absolute fact that even though the high rollers might be happy with that, the rest of the site will not be. Goozex is what it is because of variety, and without new members, there is none.

You should really be thinking about what you say and how you're treating people, Nitro.. Every time you say "I'm the #1 Trader On The Site!" you're representing Goozex as a company, whether you like it or not. If you continue to be a dick, it's not going to help Goozex's PR ("If he's the best trader on the site and he's an asshole, I wonder if the rest of them are..."), and it's not going to help your collection. At least try to see it from someone's point of view, and stop being a git about it. These are legitimate concerns.[/QUOTE]


Goozex is a team of four people right now, so no they can't run it out of someone's house. They have a small office that they run their operations out of. They have been overwhelmed with CS issues as of late, mostly because of growth to the site.

Trades have slowed down recently (as they tend to in the fall), but the fact is they still hover around 3500-4000 trades constantly, which means it isn't near danger levels. Should trades hit the 2000 mark, then yes there are obvious issues.

Maybe you can find your retro games locally, but not everyone has places nearby similar to that. I have a couple, but most tend to be overpriced or just a bit too far of a drive for me to bother with most of the time.

Like I said in my previous post, I am not against paying $2 per trade, as I would happily do it. I understand the value in Goozex, and even at $2 per trade the value for me has not changed.

I also don't just deal in high priced items. You can look at my trades, and many deal in 500 points or less, if not most of my trades. Hell, I do many trades in the 150 point area for anime DVDs. Even at $2 a trade, I'm using points I've accrued and not spending $10 a DVD out of pocket. B

I love how you get tired of hearing me say I'm the #1 trader, yet you repeat it numerous times. I used that to get my point across that I would have no problems paying $2 a trade, which i put in parenthesis to emphasize that fact.
 
[quote name='zoro69']" Gamestop gives you maybe 25%, but more like 10% for a game, then sells it at a huge markup."

This is just not accurate, not even debatable. Go to their annual report and you'll see their gross margin on used games is just under 50% (eg they pay on average half what they sell them for). of course their informed customers do a lot better the the average customer. But its not really comparable anyway with the instant gratification, huge instant choice, no shipping etc.

Ebay is...and as I just showed ebay's fee on selling a $20 valued game ($16+$4SH, 9% FVF + paypal, no listing fee for now) is $2.24, just over the $2 goozex new fee. So any game $20 or less value is as high or higher fee at $2 tokens as ebay. The point of goozex is low transaction cost which should be possible not handling cash transactions. What they provide isn't worth the liquidity, service and stability of the ebay types.

"They are trying to bring in the money needed to keep their business up to speed for the growth they have had."

If you've noticed, the growth in trade volume as been negative for quite some time. there are some new people arriving...which means more are leaving. That there has been a pickup starting the day after the fee announcement would seem to be a very bad sign. Very curios time to announce the increase, in the face of months of declining activity and right in the hot game season when it might be easier to get new user potential users attention.[/QUOTE]

I just dropped $4 on selling a $27 game + $3 shipping on ebay.

As for Gamestop's annual report, pretty interesting that the say that, yet I go in and get $20 for a game they sell for $55. Unless you trade it back in the first month, you aren't getting half or near half of what they sell it for.

As for the spike in activity, there were a crap ton of deals this week thanks to Black Friday sales, and you see a lot of highly requested games and movies being traded right now as flips. There are probably some people cashing out, but I bet there are the same amount, if not more doing Black Friday flips.
 
So of course once I unload some collector's editions of games and other high value items and build up 4300 points for the fall, the trading market plummets.

I have tons of stuff requested and nothing to spend these damn points on.
 
[quote name='G-Nitro']I just dropped $4 on selling a $27 game + $3 shipping on ebay.

As for Gamestop's annual report, pretty interesting that the say that, yet I go in and get $20 for a game they sell for $55. Unless you trade it back in the first month, you aren't getting half or near half of what they sell it for.

As for the spike in activity, there were a crap ton of deals this week thanks to Black Friday sales, and you see a lot of highly requested games and movies being traded right now as flips. There are probably some people cashing out, but I bet there are the same amount, if not more doing Black Friday flips.[/QUOTE]

Again, Im not "saying that", they are undeniable facts anyone could find in seconds

Ebay present fee schedule - 100 free any start price auctions per month, free Buy it now option, 9% FVF (20% discount from that for some), plus paypal .30 +2.9%. it SHOULD BE more then a site that doesn't handle cash at all, has no customer service and low liquidity.

Gamestop's numbers are there for all to see, 50% margin on used product overall. Of course some drop their stack of games on the counter and take what they can get and do worse, others work the promotions and do much better.

Goozex HAS to be cheaper then the alternatives, that is their thing. If it isn't significantly cheaper what would be the point in trading in a queue when you can go elsewhere and sell/buy anything you want near instantly.
 
[quote name='G-Nitro']More Chicken Littles on CAG as well I see.

It was inevitable cost of trades went up, as Goozex has seen business costs increase. Leasing space for offices go up, taxes go up, server/bandwidth costs go up, and many other factors. This isn't a greed thing, this is about staying afloat as a business.

I do wish they'd make it $2 for everyone, and not just under 500 feedback (And I am the #1 trader on the site saying this), but I believe they looked at volume of trading and made the decision. Someone like me brings in constant revenue as I send and receive probably 40-80 items combined each month. Someone who only trades 1 - 5 times doesn't.

But seriously, $2 is not the end of the world, as your value is still better than Amazon, Gamestop, or Ebay (Unless you are looking for cash from ebay or amazon).

Gamestop gives you maybe 25%, but more like 10% for a game, then sells it at a huge markup.

Both Amazon and Ebay have seller fees that can easily total between $4 and $10 a trade. So $2 on Goozex is not that bad.

They have stated themselves in their newsletter, had anyone ACTUALLY READ THE DAMN THING, that this is to also help improve their services. They are adding the option for Disc + Case to the Matrix Match, they are going to help improve customer service, and they have other things set up to help make the site better that they haven't yet announced.

I know the guys who run Goozex personally from various meet ups in the area, and these aren't guys looking to screw over their members. They are trying to bring in the money needed to keep their business up to speed for the growth they have had. Stop with "The sky is falling" crap, as that is not the case at all.[/QUOTE]

Good luck with such a small trade circle. Why would anyone trade a brand new game for 1000 points when they are so far down on a waitlist for a 1000 point game? See, that would be an even swap. But the Goozex way is to trade a 1000 point game, and be #85 for a 1000 point game that will takes months to become available. Better off just selling it to Amazon/GameStop for $30-$40 store credit and picking up your own 'older' new title for the same price. No shipping. No tokens.

I can buy Donkey Kong Returns for $43 and sell it to Amazon for $29. CASH. No shipping cost either way. The Goozex way would be to get 1000 points (minus $3 to ship) and maybe grab an older (if I'm lucky) Wii game for a $2. Can I get Kirby's Epic Yarn? Nope, I'm number #78 on that list. Oh boy, only another year long wait for me!

In one fell swoop, Goozex just signed it's death. Looks like many members will be cashing out and leaving Goozex, all because they got greedy. So many things could have - should've - been done to keep members. But now it's just a site for people to flip games/movies they got cheap for high points (thanks to Goozex's "slow to respond to price drops" model). 500 points for Bioshock 2? Its $17 NEW on AMAZON!

Anyway, #1 Trader, I see the Goozex thread already mentioned CAG. There are unhappy Goozex members all over. I hope you are content with losing a ton of members and see availability drop. I have 1,100 points and there is pretty much nothing. Guess I'll grab Super Mario Wii and flip it for some cash, since everything else in my waitlist is months/years out.

Goozex is the right idea, but they don't see to want to change to better serve their members. At this point, they are probably hoping someone buys them out, as it's all downhill from here. Why they didn't raise rates for everyone is beyond me, but maybe they need to keep you big timers that offer so many items. Because the little people won't be anymore. I'll happily sell to Amazon/Half as I have been for months. What a fool I was to join Goozex in the first place.
 
[quote name='G-Nitro']Goozex is a team of four people right now, so no they can't run it out of someone's house. They have a small office that they run their operations out of. They have been overwhelmed with CS issues as of late, mostly because of growth to the site. [/QUOTE]

Back in the day, I ran a for-profit BBS with four nodes and six sysops. Four lines coming into the house, four computers all set up to run, and multiple CD-ROMs with goodies loaded. I handled monthly subscriptions from users, data transfer, and my other sysops handled PR. This was back in the day where you dialed in (google it), and I ran all of this out of my basement. Currently, I'm a graphic designer/web developer, and guess where my office is located? That's right, in my basement. If these guys are renting an office, that's a huge waste of money, and I'm not going to be charged for their lack of foresight. Unless there's a really, amazingly good reason why they can't run this out of their home, renting an office space is just stupid, and wastes money.


[quote name='G-Nitro']Trades have slowed down recently (as they tend to in the fall), but the fact is they still hover around 3500-4000 trades constantly, which means it isn't near danger levels. Should trades hit the 2000 mark, then yes there are obvious issues. [/QUOTE]

Last year, trades picked *up* in the fall, not slowed down. I picked off most of my original Xbox "to find" games from August to January, and then it slowed down in the summer. Perhaps for you it got slow, but I don't deal in cartoon fantasy porn, which means you and I are on two different trading planes.

[quote name='G-Nitro']Maybe you can find your retro games locally, but not everyone has places nearby similar to that. I have a couple, but most tend to be overpriced or just a bit too far of a drive for me to bother with most of the time. [/QUOTE]

The point is moot, because even at disc + manual, Goozex has less than 50 items available. Full package, less than 10. If I wanted cart only, I'd just hit Amazon, which is what I do quite frequently -- I get them for less than $4, which beats Goozex by a buck. Plus, no waiting for someone to actually list it.

[quote name='G-Nitro']Like I said in my previous post, I am not against paying $2 per trade, as I would happily do it. I understand the value in Goozex, and even at $2 per trade the value for me has not changed. [/QUOTE]

Not true, because your costs have doubled. How can you not see that the "value" is now a dollar less? For a new trader, it's now double the cost to get to 500 points. I'm happy you get value for it, but to me, if I'm a high volume trader @ 35 games a month, my cost (including tokens and shipping prices) suddenly doubles per month from $50 to $100. Per year, if that's my monthly cost, that's going from $600/yr gaming budget to $1200/yr. That's a substantial difference to someone like me. You may be made of money, but mine is best put other places, what with a family and all that. I keep forgetting that gaming is primarily for the single people with gobs and gobs of liquid cash.

[quote name='G-Nitro']I also don't just deal in high priced items. You can look at my trades, and many deal in 500 points or less, if not most of my trades. Hell, I do many trades in the 150 point area for anime DVDs. Even at $2 a trade, I'm using points I've accrued and not spending $10 a DVD out of pocket.[/QUOTE]

Can't really fault you there. That's the way Goozex should be used, but again, I refer you to the fact that without new traders, you're just a bunch of guys trading amongst yourselves. Costs doubling will scare the new arrivals off. The cost is changing, but we're not being offered anything more. I've done several Goozex-like websites, and coding a searchable mySQL or otherwise database takes time, but it's not difficult to do. So, by saying "We're going to add a case + disc option" does not justify doubling the price. Saying "we're going to offer better customer service" is a load of shite, because if a member does it right, there's no need for customer service. Besides, how can it possibly get any better? They respond in less than 24 hours? If they're that concerned about it, they should just buy an iPhone or a Blackberry, and set their email notifications properly.

Bottom line, if they can't afford their own website and have to double the entry fee to pay for it, then they're mismanaging what funds they have. The "about" page says that it was founded by experienced businessmen -- if that's true, then there's no reason for this price increase. If I doubled my fees to design a company's logo (from $800 to $1600) I'd lose quite a bit of business. The same service is being offered, I just decided I wanted more money. If I fed my clients lines like "There'll be better customer service" to justify it, I'd be out of business. These aren't experienced businesmen, they're a bunch of kids who took an online e-commerce course and decided this would be a good idea. The profit margin on something like this would be a lot higher if they cut their costs where they needed to instead of trying to pretend to be important businessmen. If it's really that expensive to rent an office, put it in someone's basement or garage. If customer service is down, then you find ways to increase it (I personally have never had a problem, and the site does say a 72 hour turn around time on problem solving, so I'm not sure where that's all coming from). The bottom line is, they're trying to increase the cost without any real reason. I guess if you want to get right down to it, it's their company, and they can do that, but damn, I personally like being in business, and I don't like to alienate my customers like that. I suppose to the lot of you it's "just a dollar," but you have to look at it broad spectrum. To a major company that comes to me for a company logo/website/whatever, every dollar counts, and they're going to get something for the best bid possible. Goozex is thinking they can do this because there's no competition, but it's something like this that spawns it. Looking forward to seeing someone else put a site together to rival them.. Come to think of it, I may start on one myself.

[quote name='G-Nitro']I love how you get tired of hearing me say I'm the #1 trader, yet you repeat it numerous times. I used that to get my point across that I would have no problems paying $2 a trade, which i put in parenthesis to emphasize that fact.[/QUOTE]

Judging from your posts here and on Goozex, I think we've already established that you love yourself more than you love Goozex, and for whatever reason that #1 position is some sort of status with you. Outside of the internet, it holds no merit, and means absolutely nothing. I'd stop patting yourself on the back about it. I simply brought it up because you're one of the few high rollers who is very vocal about it. I enjoy your input, but your arrogance can just go die.

EDIT: Come to think of it, bandwidth here isn't even an issue: if you get a box from a place like linode, the bandwidth is unmetered. So, at most, you're paying $50/mo, $600/yr. If Goozex does 600 trades a year, you've already met your server costs. Anything from ad revenue is profit. So I ask you, where is this money going exactly?
 
I love how stuff like this always degrades into "I know this field, __________ is doing it all wrong" etc. Just like arm chair lawyers bickering.

Also, butthurt much Jay? You seem to have a hard on for G-Nitro in your posts there. Trying to point out hentai? Obsessive much?
 
[quote name='EdgeCrusher36']I love how stuff like this always degrades into "I know this field, __________ is doing it all wrong" etc. Just like arm chair lawyers bickering.

Also, butthurt much Jay? You seem to have a hard on for G-Nitro in your posts there. Trying to point out hentai? Obsessive much?[/QUOTE]

Another high-profile Goozex user? I see the gang over there is still going nuts on CAG because people are unhappy. It'll be funny once they see how many members actually leave, and how low-point game/movie trades drop off a cliff. Don't worry, there is always the 6-9 month waitlist or a 'new' game.

I imagine many people who got the newsletter don't feel the need to post they are 'leaving'. I certainly didn't, but as soon as I can find something worthwhile to spend 1,100 points on, I won't be visiting anymore. Any suggestions?
 
Waaaaah, an extra dollar, which is still just about the best value for your gaming money. Nobody wants to see members leave, but if someone thinks that $2 a token is a deal breaker, that's their decision. I think the majority of folks, while not wanting to pay more, still understand that $2 a trade is still a great deal.

As for where all the money goes, just because 600 trades a year might cover the bandwidth, depending on their supplier, it doesn't pay for the power bill, or the rent, or the salaries. It may not be a high overhead business, but their bills are certainly more than bandwidth.
 
[quote name='Maskim']Waaaaah, an extra dollar, which is still just about the best value for your gaming money. Nobody wants to see members leave, but if someone thinks that $2 a token is a deal breaker, that's their decision. I think the majority of folks, while not wanting to pay more, still understand that $2 a trade is still a great deal.

As for where all the money goes, just because 600 trades a year might cover the bandwidth, depending on their supplier, it doesn't pay for the power bill, or the rent, or the salaries. It may not be a high overhead business, but their bills are certainly more than bandwidth.[/QUOTE]

Except Goozex is not for all the reasons pointed out. You trade out a 1000 point new release, and have to wait months for a 1000 point "new release" thanks to the broken request system. I mean, if that's a good deal to you, go for it. The same could be accomplished at GameStop by trading in a BRAND NEW release for $35-$40, waiting a few months, and getting a "new release" for that price used. And no shipping to pay. No token to pay. You get it that day. It has a warranty. Gee, that sounds like a bad deal. :roll:

I think there are a lot of angry Goozex members knowing that many members will be leaving. Hope the #1 trader can substain Goozex in this "period".
 
What some don't seem to get is the fact that doubling the cost to trade games completely drives away new customers. Ya' know, the ones who are the lifeblood of the service since they have to initially trade games out to get points.

While those of you who can still purchase tokens for $1 think everything is fine and dandy now, wait a few months for this to fully take effect and you'll quickly notice that the currently small amount of games for trade has gotten even smaller. There's hardly anything worth getting now, in a few months there will be nothing.
 
Something really interesting happened. When I wasn't logged in and searched for all complete games, I got like 75 pages of results. When I logged in and searched, I only got 15 pages.

EDIT: Wow, there was 12 results for complete Blu-Ray and HD DVDs. I think the sky is falling.

EDIT: Hardly anything to request. I requested some 100 point PSone games for the collection. Aside from that, I'm not really sure how to kill these tokens off. I only have 2400 points left, which is a good thing I suppose.
 
Last edited by a moderator:
I have 600 points and five trade tokens. I really need to burn them off quickly, but the supply of Wii games of any interest (and reasonably priced) is abysmally low -- and you can be sure that I'm in no hurry to list any new items while the site seems ready to topple.

My experience on Goozex has been generally good, but this new announcement worries me too much to "invest" in the place until it appears much more stable. Tied to that, I've always been suspicious of the fact that they SELL points for trading... the Goozex staff pumps "fake" points into the system but doesn't offer any way to shed excess points from the system, which seems like a bad way to run a barter economy. I've been expecting a mass value collapse when the points in the system outnumber the products available...
 
[quote name='GizmoGC']Except Goozex is not for all the reasons pointed out. You trade out a 1000 point new release, and have to wait months for a 1000 point "new release" thanks to the broken request system. [/QUOTE]

Shit then how the hell did I get Fable 3, Sims 3, and Force Unleashed 2 less than a month after their releases?

Did I sleep through 3 months? Is this 2011 already?
 
[quote name='jaysapathy']Goozex is thinking they can do this because there's no competition, but it's something like this that spawns it. Looking forward to seeing someone else put a site together to rival them.. Come to think of it, I may start on one myself.[/QUOTE]

If you can create a Goozex alternative, I'd be happy to join provided to do the following mind-blowingly obvious things...

1) Don't sell trading points to consumers.
Goozex seems happy to inflate its trading economy by pumping in tons of points every year, either through half-price sales or other things. If a site revolves around swapping games, keep it dedicated to swapping games! I also blame the slow trading on 100 point titles on this - why should I spend $3 to ship out a title for 100 points when I can spend $5 and keep the game? Points only being earned via trading encourages supply.

2) List all retro systems
I still don't understand the logic behind listing Sega CD titles but not Saturn ones. Yeah, I know - third party database problems. That doesn't explain why several NEW, current generation titles aren't listed.

3) Implement better quality controls
I received this in the mail:
2zovzic.jpg

http://oi51.tinypic.com/2zovzic.jpg .
I'm not allowed to leave negative feedback - just positive feedback with +5 reputation points instead of +10. In a better game trading site, sending a game case with large holes in it would be considered a bad thing.
 
[quote name='KingofOldSchool']Shit then how the hell did I get Fable 3, Sims 3, and Force Unleashed 2 less than a month after their releases?

Did I sleep through 3 months? Is this 2011 already?[/QUOTE]

You probably waited up to request them as soon as they got listed. Unlike some, people can't stay up to 1am just to get in line 'first'. By the time I got up at 7am pacific, I was #78 or something for Donkey Kong Returns. Will I ever get that game? No, probably not.

But good for you. Hope you enjoy trading with the dozen or so left after everyone else leaves. It's over for Goozex. Shame, they had such a good idea but selling points and raising token prices killed them.

Now, what to do with 1,100 points.

Oh, and SLIDECAGE, you, I, and others here at CAG were right. :)
 
[quote name='Friend of Sonic']

EDIT: Wow, there was 12 results for complete Blu-Ray and HD DVDs. I think the sky is falling.[/QUOTE]

I searched for Complete BD/HD and have 263 items. 49 of those are Blu-rays.

Oh boy. Let's see how fast these drop.
 
Im curious if so many people are going to leave, where will they take their business outside of Gamestop/ebay/CL?

Will the CAG marketplace see for action? I hope so, its still an awkward trading system at least for me, I'm still better off with a TL.

I wonder if more people will try sites like GameTZ?

It will be interesting to see what happens to Goozex, I don't think the site will tank. But Jay and Gizmo do bring up something interesting, as a lot of people on the Goozex forums did, if this $2 prevents more new traffic, will Goozex try another point/referral promotion? New people, despite their scamming ways tend to add stuff to the trading marketplace.

Just my 2 cents, Ive got my popcorn and let's see if this thread degrades to name calling

This could lead to an interesting article in a few months.
 
[quote name='GizmoGC']You probably waited up to request them as soon as they got listed. Unlike some, people can't stay up to 1am just to get in line 'first'. By the time I got up at 7am pacific, I was #78 or something for Donkey Kong Returns. Will I ever get that game? No, probably not.

But good for you. Hope you enjoy trading with the dozen or so left after everyone else leaves. It's over for Goozex. Shame, they had such a good idea but selling points and raising token prices killed them.

Now, what to do with 1,100 points.

Oh, and SLIDECAGE, you, I, and others here at CAG were right. :)[/QUOTE]

Wow you must not shop ANYWHERE. The second someplace raises their prices, you automatically ASSUME that the place is going under.

Stop your bitching...IT'S ONE fuckING DOLLAR.

If you are crying over a dollar, then maybe you shouldn't be playing $60 video games.

Oh and you can be up at 1am to request something if you really wanted something, you choose not to. Stop acting like NO ONE can get new games early in its shelf life on there.
 
Last edited by a moderator:
Good thread, good discussion, relatively civil. I've not much to add at the moment but I'll certainly be paying close attention as the fiscal quarter comes to a close in a little over a month. Any signs of "mass exodus" should make themselves apparent by then.
 
[quote name='KingofOldSchool']Wow you must not shop ANYWHERE. The second someplace raises their prices, you automatically ASSUME that the place is going under.

Stop your bitching...IT'S ONE fuckING DOLLAR.

If you are crying over a dollar, then maybe you shouldn't be playing $60 video games.

Oh and you can be up at 1am to request something if you really wanted something, you choose not to. Stop acting like NO ONE can get new games early in its shelf life on there.[/QUOTE]

And there goes the civility.

Are you actually reading any of this thread? The concern isn't so much over the cost (although that is definitely an issue), it's over the $2 price tag scaring off new users.

Who's going to trade their stuff on a site where nothing's offered?

Someone mentioned above about point selling -- I agree. I was telling a friend of mine over lunch about this debacle, and he told me that he introduced his grandmother to Goozex: "she can buy Wii games for her grandkids there cheaper than Gamestop."

I think we may be on to something here.. Perhaps we should look into starting our own site. We'll call it Gizix, and stick just to point trading with no point selling. Awesome. ;)
 
[quote name='jaysapathy']And there goes the civility.

Are you actually reading any of this thread? The concern isn't so much over the cost (although that is definitely an issue), it's over the $2 price tag scaring off new users.
[/QUOTE]

Yet people are running around like chickens with their heads cut off. They raise the price by a buck, so people are jumping off the ship. If anything kills off Goozex, it's not the price raise, it's the damn knee-jerk reactions some of you have to it.

And I was responding to Gizmo's "shame they are ruining something good by raising the price of tokens" line. So what I said applied.
 
Now is the perfect time to start a clone site, keep it at $1, fix the issues Goozex has, and reap the rewards of the bailing members.

On a serious note, specific to the outrage I'm seeing there and here, brand NEW users aren't going to be scared away from $1.99 trades, as they were not members when it was only $1.00. It's the recently new members that will bail. The members without points or tokens in their banks, that could potentially be contributing members.
 
[quote name='GizmoGC']I searched for Complete BD/HD and have 263 items. 49 of those are Blu-rays.

Oh boy. Let's see how fast these drop.[/QUOTE]
I got a page of results like that and then when I clicked on some, some weren't even available for trade. How odd, their search is screwed up then.
 
[quote name='KingofOldSchool']Wow you must not shop ANYWHERE. The second someplace raises their prices, you automatically ASSUME that the place is going under.

Stop your bitching...IT'S ONE fuckING DOLLAR.

If you are crying over a dollar, then maybe you shouldn't be playing $60 video games.

Oh and you can be up at 1am to request something if you really wanted something, you choose not to. Stop acting like NO ONE can get new games early in its shelf life on there.[/QUOTE]

I only really play maybe 5-10 games a year. So $1 really is not that much to me at all. However, I do like Movies. But $1 will scare away new users and make 100-300 points less attractive to request. Why pay $2 + 300 points for a $5 DVD? Those 300 points likely cost someone $3-$9 in 'shipping' of their own products.

And no, sorry, some of has have Responsibilities and can't stay up to 1am to request video games. You know, like jobs and kids. Not all of us have the luxory of living at home. Anyone who's getting 40-60 games a month likely has none of the above and can sit at home all day and play video games. Someone like me will not send out a game I just bought for 1000 points and wait months for a game that came out at the same time to be be available. That's stupid. Just go to GameStop or use Amazon/Craigslist/eBay. Or gees, GAMEFLY.

[quote name='KingofOldSchool']Yet people are running around like chickens with their heads cut off. They raise the price by a buck, so people are jumping off the ship. If anything kills off Goozex, it's not the price raise, it's the damn knee-jerk reactions some of you have to it.

And I was responding to Gizmo's "shame they are ruining something good by raising the price of tokens" line. So what I said applied.[/QUOTE]

Knee-jerk reactions to a site-killing fee increase. The writing is on the wall. Goozex is likely just trying to pump it's numbers so it's more attractive for a sale. Just like with Circuit City, Game Crazym Hollywood and soon Blockbuster - don't hold on to any credit. It will become useless fairly soon.

Look, we all knew when they started selling points it was the start of the end. And this is just the final straw. They have too many points and no product. Everyone with huge point loads might as well just pretend they are Rubee's in Zelda because they will be useless once there is nothing left, or atleast just crap. Supply has been low for a long time, and this will just kill it. I removed by 53 items (which I have not updated in months) the other day. I have hundreds of items I COULD list, but never will.

And looking at your profile:
screenshot20101128at824.png

I see why you are scared.
 
Last edited by a moderator:
Don't worry - more points are coming into the system!

Unfortunately NinjaJ already mentioned the "upcoming holiday gift card sale" in his interview with Gooznation, so here come more points in the system without more users/games

Oh boy! So people with points already get to complete with others will will just buy 1000 points for $20 instead of you trading out your new title. More wait time! Congrats guys, cya on eBay!
 
I don't see how ANYONE can think selling points is a good idea. It completely defeats the purpose of the site in every conceivable way.
 
[quote name='SEH']I don't see how ANYONE can think selling points is a good idea. It completely defeats the purpose of the site in every conceivable way.[/QUOTE]

Goozex needs the 'quick buck'. That's why they are doing it. Trades are down. New Users are down. And the only way to get people to tade (i.e. buy $1, well, now $2 tokens) is to sell points cheap for a 1,000 ($60) game can be $30 CASH. It's almost as genius as selling NEW $60 game for 2400 points (what's that, $140?) for people that now have too many points and nothing to buy.
 
bread's done
Back
Top