Quantcast
GameStop says 70% of used games income goes to new games - Destructoid




Game database:   #ABCDEFGHIJKLMNOPQRSTUVWXYZ         ALL     Xbox One     PS4     360     PS3     WiiU     Wii     PC     3DS     DS     PS Vita     PSP     iOS     Android


GameStop says 70% of used games income goes to new games


3:30 PM on 08.06.2012
GameStop says 70% of used games income goes to new games photo



GameStop gets a lot of heat from game publishers for selling used games, but it seems that the money the company makes for selling used games goes right back into purchasing new games.

GameStop boss Paul Raines revealed in an interview with Gamasutra that 70 percent of the income from traded games and wares are turned back around to be spent on new games. And at $1.8 billion, this is no small amount of cash coming back to the industry.

Knowing this, it's a bit harder to say that used games are eating away at new game sales. Granted, if used games did not exist, publishers could lock in every sale at top price. 

Beyond this, Raines also points to how used games sales helps to inform customers: "A lot of our consumers tell us that the pre-owned business has allowed them to learn more about video gaming. There's a disconnect between a lot of the blogosphere and what consumers tell us." 

It seems that GameStop is out to show that they're not as evil as some make them out to be. 






Comments not appearing? Anti-virus apps like Avast or some browser extensions can cause this.
Easy fix: Add   [*].disqus.com   to your software's white list. Tada! Happy comments time again.

Did you know? You can now get daily or weekly email notifications when humans reply to your comments.







GameStop

7:00 PM on 11.28.2014
The giant list of Black Friday PC digital game deals

Deals brought to you by the crew at Dealzon. FYI: sales from certain retailers go toward supporting Destructoid. PC gamers, you are now officially under wallet barrage as Black Friday has come to digital games. There are ...more



3:30 PM on 11.26.2014
GameStop Black Friday has a bunch of MMOs on sale

Deals brought to you by the crew at Dealzon. FYI: sales from certain retailers go toward supporting Destructoid. Well, this came out of left field for us. GameStop just started up its digital PC Games Black Friday Sale. We're...more



5:00 PM on 11.11.2014
Shulk is the first revealed exclusive amiibo, and GameStop has the rights

It's been known that Nintendo planned to decentralize the way it distributed amiibo. That is, not all of them will be readily and equally available everywhere. Company president Satoru Iwata told investors recently that Ninte...more



View all GameStop






Back to Top




All content is yours to recycle through our Creative Commons License permitting non-commercial sharing requiring attribution. Our communities are obsessed with videoGames, movies, anime, and toys.

Living the dream since March 16, 2006

Advertising on destructoid is available: Please contact them to learn more