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

DestructoidJapanatorTomopopFlixist



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.








Win your choice of console from Destructoid! in Destructoid's Hangs on LockerDome

GameStop

8:00 PM on 08.05.2014
GameStop is simplifying the way it handles trade-ins

Later this month, GameStop will revamp its trade-in program for used games in an attempt to simplify the process, reports Kotaku. Under the new system, there will only be four possible prices paid for games -- instead of up t...more



10:00 PM on 08.01.2014
Pinsir and Heracross are part of the next Pokémon distribution event

The next Pokémon distribution event isn't terribly exciting. From August 13 through September 17, Pokémon X players can get Heracross and Y players can get Pinsir through the Internet. More importantly, GameStop...more



1:30 PM on 08.01.2014
GameStop fingerprinting customers in Philadelphia

GameStop now requires customers to provide fingerprint scans when trading in merchandise at the retailer's Philadelphia locations, CBS Philly reports. The chain is collecting thumbprints, which are sent to a national dat...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