Game Industry Flashcards
1
Q
Describe GameStop in this current cloud era.
A
- A lot of people are betting GameStop will go the way of blockbuster as more and more games are downloaded rather than bought as physical copies.
- GameStop is currently doing rather well because a lot of their customers are younger people without credit card and would like trade their games when they got bored for credits that they can use on something else. Currently can’t do this with digital downloads.
- GameStop made most of their money in trade-ins like these, but there is no guarantee this will continue. CEO has been hedging by expanding into mobile phone trade-ins, but success likely to be dubious.
