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Wall Street Kid
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Re: POINT: GameStop is actually a good long term hold!
[quote name="Jesus"][quote name="Dumbshit Redditor"]$1.77 billion in holiday Q sales, with almost 40% from e-commerce is great on its own, but the thing that really got me thinking is "why does it make sense to go to Target or Best Buy to buy games, consoles, or accessories? Tha fuq do they know about games?"[/quote] If you didn't pre-order, GameStop literally won't sell you things and the shits working there will laugh at what a dumbass you are. Secondly, people go to Target because they want to give money for an item and make a purchase and not have to say "no" to warranties, magazines, gamer cards and other point of sale additions. [quote]Games aren't going away. I think DFV is right about the physical game purchase numbers not going away for a long time. [/quote] I don't. [quote]Accessories seem to always be important to gamers[/quote] They are sold on Amazon. Or Target, Wal-Mart, etc. And the customer experience isn't soul crushing. [quote]why would you order something online and have to wait if the Gamestop near you has exactly the controller, or whatever you want?[/quote] Because it's better for GameStop employees for me to buy it elsewhere rather than buy a controller without a warranty. In the first case they won't get yelled at by their regional manager. [quote]Then add in all the stuff they aren't doing. Why not sell board games and things like that? Why do I have to buy board games in a dank, sad, store run by the fucking comic book guy or from Amazon? Even shit like puzzles could sell considering that toy stores have pretty much disappeared.[/quote] "They should be like Toys-R-Us, which went out of business," thinks Redditors. [quote]DFV's point from his video about them focusing on in person gaming, both tabletop and console/PC makes sense too as a way to bring people into the store even when they aren't intending on buying something.[/quote] Nothing against DeepFuckingValue because he is smart but nobody running a GameStop is going to accept people going into their stores while not considering making a purchase. [quote]They've got 5,509 retail stores throughout the United States, Canada, Australia, New Zealand, and Europe. That's a solid fucking footprint in a lot of valuable markets[/quote] The stores they have where I live are where people go to get stabbed. Also they are in MALLS. Where America used to shop. I have no idea why the Redditor thinks those are "valuable markets" unless he just means there aren't 1,000 GameStops at the North Pole. [quote]and imagine if [/quote] I do not mean this in a bad way, I mean for it to be truthful - the redditor here would be a more humane CEO than anyone GameStop has had in the past. [quote]they started to do something like really run with their idea of turning stores into in-person gaming places and start serving coffee, food/snacks, and maybe even beer and wine.[/quote] Internet Cafes do not stay in business very long. [quote]I know a lot of people that would like a comfortable, clean, nice place to get a group of people together to play tabletop games that serves food and drinks and doesn't try to kick people out. In fact I've been to a brewery / coffe e shop in Portland that did exactly that and it was full of people on a weekday night.[/quote] [/quote] "GameStop can make a lot of money by being totally different." No argument there I guess[/quote]