[quote name='littlenicky']Now to play the other side of the coin...
What guarantee do we have? It appears there is no limit on these pre-orders? Most of these more popular games are released in the last quarter of this year.
Assuming you get 10,000 preorders... (example)
10,000 x $10 = $100,000
So, you have $100k at your disposal to invest in any vehicle you wish? Even at a high yield savings, thats $2500 for half a year.
Has anyone actually paid for games? There are so many scams out there. Whats to say you take all this money in for half a year and then simply say, sorry, we didn't receive any games and return everyones money?
This is not intended to damge your reputation in any way. I'd just like to know just in case things don't fall through or what you would do.[/quote]
Hello Little Nicky. I will give you the long version to try to address your post. I have no problems answering questions, especially when they are presented politely like yours.
First of all there are really no guarantees in life except for death and taxes. What we have to do is to take a look at as many facts that get presented to us, and weigh the risk reward ratio on anything we do in life. I think there is plenty of information available to make an informed decision about doing business with my website. Here are some of the facts that I think should be considered.
How do I run my business and how is my website presented? To help answer this question lets compare Liongames to say a Gamestop. I believe I present things to my customers in a very straight forward no bull manner. Go to my home page and click on the used specials button below the big banners. Take a look at the prices of my used games. Gears of War $54.99 vs $37.99 Ghost Recon 1 $26.99 vs $14.99 Just to name a few. Sure you can get discounts when they have specials, and when you use the edge card, but to me it is not a straight forward business practice to start with high prices and offer 10 or 20 percent off. Same thing on trades ins. Why wont they list all the trade in prices on the website? What happened with the Halo 3 Legendary Edition. All their customers got phone calls saying the price went up. I am honoring my customers price of $79.99. While you may feel safe doing business with big corporations because of their name, are you really safe? Look at what Best buy did with their secret website. I feel that I am a very straight forward person who actually cares about the person on the other side of the transaction. I see threads started every day on this website, and I feel my every day prices beat the heck out of most of these deals. I think it would be wise to do the math and compare. Amazon has been offering some really good deals lately. I admit that. The difference there is most of their games on special are older. I try to offer deals on some of the great titles that are coming in the future. I don't see to many places out there catering to gamers in this area. Frys did have a nice price on Graw 2 though.
You ask what happens if I can't deliver? I ask why wouldn't I be able to deliver? If you read my faq, I have been in the video business for 20 years. I have a strong relationship with my distributor. I can't see any reason why I would not be able to deliver as good as anyone else. If I get shorted on a title, then chances are so will best Buy and everyone else. Places are taking pre-orders on the Legenday edition right now. They really have no idea how many pieces they can sell. I stopped selling mine, until I can find out how many more I can sell, and not have to worry about filling orders.
Next I want to address the issue of me taking in all this money to possibly invest and then give everyone their money back. To start with, it takes a lot of time to run a business like this. No way would I worked 50 to 60 hours a week to try and make $2500 dollars in six months. There would be much easier ways of making money. As far as me taking pre-orders and having peoples money in my bank account. I am no different then a Gamestop, kid buys games all the time there, and pay them off before they come in.
A few others things to keep in mind is that many people have stated they ordered games, and received the games, along with good service. I wouldn't still be in business after 4 months if I screwed people, because paypal wouldn't put up with that. Like I said in the beginning of my post there are plenty of facts out there to see that Liongames is the real deal. I am sure there is still plenty of non believers out there, I am just not sure there is anything I can do to change that at this moment. I do feel that time itself will help that situation out. I hope this post addressing your questions.