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Started by Unusualgroove at 11-06-2009 8:17 PM. Topic has 6 replies.
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   11-06-2009, 8:17 PM
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$60? Not for long!
And the free market economy comes to the rescue again!!  Didn't want to pay $60 for ODST?  Neither did a lot of other people, that's why it's $50 new at Gamestop now!! Along with Borderlands, WWE SvR 10, Operation Flashpoint, Brutal Legend, and Tekken 6!  Supply and demand rocks!!  Did I put to many exclamation points in this post?  Who cares?!!  My point is that if people slow down in buying games b/c of the economy the prices drop (low demand+high supply=low prices). When people start buying up the games at the new lowered price the industry (and economy) gets some much needed juice in its system.  Will prices go back up?  Well, you tell me.  What do you think will happen when there is high demand and a limited supply?  This concludes our economics lesson for today.  You may go now, and as you leave thank God for capitalism.
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   11-09-2009, 2:23 PM
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Re: $60? Not for long!
High demand and low supply will lead to higher prices, which will lead to a lower demand. And eventually the price will stabilize at a point where the seller is making the most profit for the price. Lower demand means lower prices and higher demand means higher prices.
[Airplanes are] near perfect, all they lack is the ability to forgive.

— Richard Collins
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   11-09-2009, 5:14 PM
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Re: $60? Not for long!
Thank you for succinctly restating what I said in the first place ;-)
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   11-09-2009, 7:19 PM
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Re: $60? Not for long!
Yes, Low demand plus high supply will ultimately equal low prices, but there's other factors you're not considering: the willingness to actually change the price, the history of people still buying at that price point over the last year, and more can suggest that that price will stay where it is.

Yet, other factors like the increase in renting a game versus buying one, the prediction that game sales may be lower this year than last, and other factors can suggest that prices may be more likely to be on sale than flat out drop.

You'll only see the price drop if people are only willing to buy at $55 or less and not a penny more. I doubt that will happen since people are more than willing to buy higher than $60 for packages that only include an extra DVD or even pay out $100 for things that include a small helmet. We gamers are a fickle folk bent to the whims of the industry overlords... when it comes to prices, that is.

If you want others to be happy, practice compassion. If you want to be happy, practice compassion. -DL
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   11-10-2009, 12:25 PM
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Re: $60? Not for long!
I bought ODST for 50 dollars on release day from Amazon. But thank you.
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   11-10-2009, 4:47 PM
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Re: $60? Not for long!
 El Leon 7x7 wrote:
Yes, Low demand plus high supply will ultimately equal low prices, but there's other factors you're not considering: the willingness to actually change the price, the history of people still buying at that price point over the last year, and more can suggest that that price will stay where it is.

Yet, other factors like the increase in renting a game versus buying one, the prediction that game sales may be lower this year than last, and other factors can suggest that prices may be more likely to be on sale than flat out drop.

You'll only see the price drop if people are only willing to buy at $55 or less and not a penny more. I doubt that will happen since people are more than willing to buy higher than $60 for packages that only include an extra DVD or even pay out $100 for things that include a small helmet. We gamers are a fickle folk bent to the whims of the industry overlords... when it comes to prices, that is.


All valid points, except I'm not talking about across the board pricing, I'm talking about individual game pricing.  Those games I mentioned came out and the sales were down, so the prices on them dropped.  I can remember the year that PoP: SoT came out the sales were way down and after it only being out a few months they put on sale for 19.99 and offered Splinter Cell with it for free. 
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   11-10-2009, 4:47 PM
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Re: $60? Not for long!
 El Leon 7x7 wrote:
Yes, Low demand plus high supply will ultimately equal low prices, but there's other factors you're not considering: the willingness to actually change the price, the history of people still buying at that price point over the last year, and more can suggest that that price will stay where it is.

Yet, other factors like the increase in renting a game versus buying one, the prediction that game sales may be lower this year than last, and other factors can suggest that prices may be more likely to be on sale than flat out drop.

You'll only see the price drop if people are only willing to buy at $55 or less and not a penny more. I doubt that will happen since people are more than willing to buy higher than $60 for packages that only include an extra DVD or even pay out $100 for things that include a small helmet. We gamers are a fickle folk bent to the whims of the industry overlords... when it comes to prices, that is.


All valid points, except I'm not talking about across the board pricing, I'm talking about individual game pricing.  Those games I mentioned came out and the sales were down, so the prices on them dropped.  I can remember the year that PoP: SoT came out the sales were way down and after it only being out a few months they put on sale for 19.99 and offered Splinter Cell with it for free. 
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