- cross-posted to:
- technology@lemmit.online
- cross-posted to:
- technology@lemmit.online
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I guess they’re just “Stop” then.
Game means more then video games… Table top, board games, card games… Literally they are making bank off card games right now. They are still if not more so right now game stop then ever before.
They do all game shit now instead of just one category.
They are still cunts for doing card grading tho stupid ass shit that is
I’m just happy they are still around either way. Considering how expensive video gaming is getting…I don’t blame anyone from pivoting from it and playing other types of games.
I guess the bottom fell out of the Funko Pop market then?
Which is why I’ve been going all in on Funko Pops. Buy when it’s down!
The general strategy for GameStop according to all the people in the comments is that they should tell the media that they’re completely screwed and will just give up. How dare the CEO try to make it sound like his company is going to continue being successful. Absolutely appalling
What happened with them being a meme stock?
Ceo (who the cult worships) did like 4 huge stock offerings and diluted the float around 300%. Any moass short play is dead but a lot of them are sunk cost fallacy trapped.
Its funny how they always say shit like I’m smooth brain, I just buy. And yeah, they continuously buy GME at set intervals, which… is what normal investors do (sans diversify). Full circle
They leveraged the market cap to stay in business and become a generic gaming related things retail/scalper hybrid.
Soooo mini figs?
yup, all sortz of plastic crack basically. low cost/high margin product
They already were that…
Since they’ve become a partner with PSA (card grading), they’ve made so much money, it makes sense. PSA has a 10 MILLION backlog and ones submitted through GameStop were less expensive and quicker grading times… They’re making so much money
And card grading is…?
Basically the quality it’s in. Still in the box or not, if the box is damaged, if the card has scratches or whatevwr
Idk why everyone is making fun of this. Sony made it very clear that games are going all digital. Gamestop has to take it seriously and they have been pivoting to collectables for a while now, so they are clearly on top of this. Maybe the pivot works, maybe it doesn’t, but they aren’t just sticking their head in the sand and pretending everything is fine.
GameStop is currently making a serious effort to buy eBay, which would also give them TCGPlayer and station them as a pretty big fish in the collectible card gaming space.
It’s funny to me that the same crowd of people that rail against the continued fucking over of the public by manipulative corporations are the same people who fork over hundreds of dollars for the artificial scarcity and manufactured demmand of collectible cards.
Every time I think of getting into that hobby, I get the same feeling I get when I go to the casino… like I’m just a mark.
Listening to a lady named Freya India who is talking about this exact same kind of cognitive dissonance.
The left hammers the points of anti-capitalism but go into debt for regular Disney vacations or high end brands, Taylor Swift Tickets, and more.
I don’t think most people on “the left” are doing those things in the numbers you think they are.
Oh, yeah. My playgroup all gave up on buying official products years ago for that reason. Now we just buy cardstock and toner.
How long do your homebrew cards last? It’s hard enough to make good cards at home that I think CardsAgainst Humanity has them publically available since it’s still cheaper for them to print than you would spend for a small batch.
And how do you keep your decks from being overpowered?
If you’re just asking how to avoid overpowered decks just because of the ability to print proxies, people with big budgets (or a long history of playing) can get all those actual cards already and there’s banned and restricted lists for each format (and the formats themselves also help, as they limit which sets are legal, so standard doesn’t have to worry about interactions between new cards and every single card made in history).
And for more casual games (that ignore ban lists or allow custom cards), there’s the whole dynamic of “if I always play my deck that just stomps everyone by turn 2, eventually no one will want to play with me, other than to throw their overpowered decks at it, so I’ll save the extreme ones for special occasions”.
Dogs do the same! When big dogs play tug, there’s a certain percentages of times they have to lose if they want to keep playing, no matter how much bigger or stronger they are.
It’s tough to comment on how long they last, because it’s going to depend on how often you play. So I started proxying 4 years ago and haven’t had any problems yet, but I also sleeve them as though they were genuine, and only play maybe one game a week.
As for avoiding overpowered decks, I’ve been playing with the same group of guys for nearly 25 years. We’ve worked out where we like to be, and self-balance for fun. It helps that I’m a total Johnny, so I can whiff a game completely and still have fun as long as I “did the thing.”
Serious as viewed from GameStop’s perspective, and maybe even just one man at the top. eBay has already said their offer is not remotely attractive to them. I think their current CEO unfortunately thinks the only way to run a business is to create controversy. I hope they didn’t take the wrong lesson from the Gamestop stock rally, but it seems at least one person did.
I hope eBay doesn’t get enshitified more as it is. I’m still pissed off with Facebook marketplace replacing Craigslist for buying local second hand shit.
This is a sad timeline where used games are becoming irrelevant and you can only pay for games that you don’t actually own and therefore can’t sell. At least the Funko Pop market is alive and well. 🙄
bro nothing makes me less interested in knowing a person than finding out they have a funko pop collection
Personaly i think that, using “bro” in a comment, not using capitalization or punctuation marks and belittling other peoples hobbies is also good sign that somebody has nothing of value to say in life.
bro thinks funko pops are a hobby 🤣
What the hell even is our economy anymore?
AI speculation.
I mean, I don’t know that he’s wrong. It’s just weird to hear someone say it.
Memes, mostly. Lots of memes.
Edit: just noticed the weird box. I’m too lazy to redo it.
Somehow the weird box adds a certain…something to the meme.
Use this space to imagine I posted the fixed meme
deleted by creator
The GameStop that was nearest to me closed months ago.
“Software, it mattered in the past. Software today makes up less than 12% of the business, and collectables makes up over half the business. So, it’s totally, totally irrelevant.”
12% of your business is no way anywhere near “irrelevant.”
It depends on the growth, it it’s 12 and falling it’s irrelevant.
The 12% is the reason people come and buy the other 88%
Nintendo sells more in merch than in software, they should stop too
It depends on what that 12% is.
Is it revenue, or is it profit? And does that Include both new and used games?
New games have a very small profit margin compared to used games and merch.
Fair but it seems like if you’re trying to minimize the importance of something you would choose the metric that shows how minimally important it is.
If it’s 12% of revenue but 1% of profit wouldn’t you say it’s “1%” instead of “12%”?
Might even mean 12% of business transactions/goods sold. The profit margins, customer retention, market stability, minimal losses etc might be in other goods favour.
Given how many codes/games/etc a store might order that do not sell (losses to account for), games are much less ‘shelf stable’ compared to a plushie of a pokemon first shown on TV 25 years ago. Digital codes and registering also make any return/exchange obligations a bigger loss.
I think there’s several reasons a company might see games as a high-risk good when compared to collectibles.
I just wish they hadn’t destroyed ThinkGeek…
They’re not going to stop selling games, it’s just gonna be code cards now. They’ll still work out deals with the publishers for exclusive sales, and of course they’re still going to be selling consoles and handhelds.
It’s going to be irrelevant, why bothering going in a physical store and get bombarded with upsells to get a GS+ subscription for getting just a download code that can be downloaded from your couch?
Download codes are the reason the PC section in all game stores is missing or extremely tiny
Because not everyone has or wants credit cards. Children can’t get credit cards. Code cards are also useful for gifts.
I think you are right that even less people will buy them than physical games, but I don’t think they will be irrelevant.
To be fair, GameStop has essentially become an overpriced merch retailer.
I’m honestly surprised they haven’t merged with Hot Topic.
They did buy out ThinkGeek, so… very close.
😭 🥀 God I wish I had gotten more of those novelty homewares while I still could. I’m an adult, I accept I need a laundry basket… but nobody else would’ve sold me a collapsible radioactive waste barrel.
I enjoyed the ‘bloody handprint’ shower curtain, but by the time I had enough money to get such items as yhr matching bloody-footprint bathmat with intention, ThG was gone for good.
I miss thinkgeek too! 😑
I still miss the ThinkGeek of old, back before they even had stores.
They have stores?
they did briefly in the late-2010’s. They only sold the most kitschy mass-produced items.
GameStop beat out Hot Topic in bidding for ThinkGreek, with a winning bid of $20/share compared to Hot Topic’s bid of $17.50
Are they going to sell gyros now?
So that’s where that went.
I never bought anything but it was fun seeing the items
a few weeks ago I went into a Gamestop just to see what’s new, I hadn’t been in one for a long time. Holy crap their stuff is way overpriced. I looked at the Gunpla kits and the prices even for old High Grades were insane. They had Master Grades for nearly $200. It’s cheaper to just import the stuff directly from Japan. And the games sections were slim to none. I was also the only one in there at the time. I honestly don’t know how this company is still going. who buys that crap?
Let me know where you find master grades shipped from Japan for less than $200 lol. Not defending GameStop but everything in this comment is a gross exaggeration. I was in a GameStop last week and half the store is games and peripherals just like it has been for years. Sure that means half the store is stuffed animals and trading cards, but “slim to none”? Why lie about this? It’s weird
yeah…hobby link japan. they’re less than $100: https://www.hlj.com/search/?Page=1&GenreCode2=Gundam&MacroType2=Master+Grade+Kits&MacroType2=Master-Grade+Kits
are you mental? why lie about gundam models being more than $200 buying online? why lie about this? it’s weird.
idiot.
When were they not?
They honestly could just become a merch store and only carry plushies, shirts, other nick-nacks and hardware. The one nearest me is already pretty much just an authorized dealer of FuncoPop garbage as is. I’d be more inclined to visit if they carried other general video game related stuff so I wouldn’t have to wait for shipping.
That’s basically Hot Topic, Box Lunch and a bunch of other similar stores that sell nothing but licensed merch. Only instead of Harry Potter, Disney, and a handful of popular shows it’s video game properties.
ThinkGeek?
Well, GameStop does have experience running ThinkGeek into the ground.
That was basically the case for most GameStops in Germany before they closed down for good nationally a couple years ago. You still had your games, of course, but like 80% of the customers we had came for merch. Funkos, shirts, other memorabilia.
Do people go to gamestop specifically to buy merch, though? I always thought that that was intended like candy in the check-out aisle: you grab it because it catches your eye on the way out, after you’ve already collected whatever you actually came in for.
I think they would if they had more than the cheap eye-candy stuff they generally have and was the greater focus of the business. They could be the Hot Topic of gaming shit.
Might as well go all in on this. Merch and toy stores are popular for kids so i don’t see why they won’t do this. I don’t know why Western companies are so afraid to branch out from their “core competencies” and fighting tooth and nail to keep the rotting corpse of their previous business models. Japanese companies have been branching out from their initial business models since forever. Nintendo used make card games but is now a videogame behemoth. Fujifilm went from photography to biotech. Sony recently eked out into finance. This branching out is why Japan has some of the oldest companies in the world because they value long term survival. GameStop could do the same by giving up on their old business model and embrace selling merch and toys instead.
Do they have the same private equity system that we do in the States?
I feel like it’s been years, but wasn’t GameStop sort of a victim that somehow survived? I may have that all wrong.
Japan definitely has a different system but I’m not sure what the specifics are. But i can tell that Japanese companies have different philosophy than most companies across the world. They are not nearly as greedy as most companies and the fact that they are willing to pivot to a different field than they started with shows they are willing to spend the upfront hefty cost of switching to a new field, even if it cost profits in the next quarter; if this leads to survival in the next couple of years. I kinda like that because I loathe the short term-ism of most companies, especially Western ones.
GameStop had been bought to keep it afloat. I think it was going to be sold for bankruptcy to make the new owners rich but i think Redditors coordinated to buy shares or something so that it won’t go to bankruptcy or something like that. I could be wrong though.
Coincidentally, GameStop is also irrelevant to Games.
Coincidentally, GameStop is also irrelevant
to Games
Used games account for over 20% of their revenue.
This information is publicly available as they are publicly traded.
This claim is a an insult to the average readers intelligence.
He is saying it’s irrelevant to the future of the company. Obviously it still has material impact on the current revenue. Sony is going to stop selling disks by 2028. So, new software essentially has to be materially irrelevant by then and used software will likely drop consistently after.
These days, they are an insult to gamers.
Game? Stop!
No, money down!
Where’s that from again? Somehow I hear Will Arnett saying that.
I remember seeing it from Lionel hutz in the Simpsons voiced by Phil Hartman RIP
That quote is from the Simpsons, though Will Arnett’s character had nothing to do with that episode
30 Rock had a similar bit. And again, Will Arnett guest starred in that show, but not in that episode at all.
DOTCOM: Hey, Tray! We just picked up your birthday party invitations from the printer!
TRACY: Wait! What is this? “Give to charity, please, no presents”?
DOTCOM: Yeah, that’s what you told me to put on the card.
TRACY: No, Dot Com! I said, “Give to charity? Please, no. Presents!”
