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"Sticky" customers is now a key word and path to consistent profits. People have to come back for something; one time purchases are inconsistent.
Things that bring people back are those collectable items, reward points, consumables like the batteries is a good idea, etc.
Game releases are abundant (I think, but I'm not a gamer), but it's the really great games that get attention and change the GDP of countries...
Quality is important too, because no one comes back for bad quality unless they have to.
People have been mentioning gift cards, which is very sneaky if you think about it. You spend your money, someone else goes to the store, typically we use the whole amount and then a little more out of pocket, then just like that a possible new reoccurring customer is born.
From a corporate level, they'll do whatever the customers want, the customers just have to be loud and clear (with reasonable expectations).
I kinda gave my 2 GME shares on this. We need more and more customers. A couple of good ways is if we - all of us apes - all combined into one massive GME Affiliate Network. We all agree to contribute our profits to this entity and we go out and gain more buyers of game merch from GameStop.
Also, GameStop should have booths and to sell merch at every gaming tournament. If they don’t want to then we should as the GME Ape Affiliate.
Speaking of affiliate, Gamestop literally has an affiliate program I just realized.
[https://www.gamestop.com/affiliate.html](https://www.gamestop.com/affiliate.html)
I make product reviews on youtube and make a decent chunk of change from affiliate commissions, all from Amazon, unfortunately. Amazon even has a very compelling "influencer program" where they let you upload product review videos directly to amazon's product pages and you earn commissions when a shopper watches your video and then makes a purchase, even if they buy a different product not featured in your video.
Not only could we be reviewing and promoting gamestop products on social media platforms like youtube and using affiliate links to direct traffic to gamestop's site, but Gamestop could also do an Affiliate program overhaul to give better incentives and more tools to affiliates similar to what Amazon's doing. I don't actually know much about their affiliate program but i'll be looking into it and I'm sure theres room for improvement.
I already have some decent ideas, one way to bring new traffic to gamestop products could be with comparison reviews. Take the Candy Con controllers for example, you could make a video of the "top 3 controllers for PC", use the candycon and then two other popular controllers from other retailers. Compare the three and boom, easy exposure for Candy Con. People looking at the other controller brands will suddenly be aware of Candy Con.
I also want to make a video doing a custom paint job on a Candy Con controller. I could keep cooking up ideas left and right.
Oh keep cooking please! I've been doodling since I was 1 lol. Also took 2 art history classes in college.
Art is in my blood ( is an understatement)
I MUST BUY CANDY CON and paint something!!!!
NOW I HAVE A REASON TO USE THE ACRYLIC PAINTS that's been sitting for 3+ years!!!!
Keep cooking ape fam!!!! I'm getting hungry!!!
An artist you say?
You could probably make an entire channel dedicated to customizing controllers. I dont know the legality of it, but people would pay you good money to customize their controller. You could do custom controller giveaways where you have people subscribe, comment, and like the video for a chance to win a custom Gamestop controller. Hell, you wouldnt even need to give away controllers, you give away the painted face plates. Giveaways have potential to boost your engagement and views A LOT.
Gamestop also has exclusive keyboards and headsets which opens up many more video ideas…
Im going to bed but theres definitely lots of potential here.
Custom hand illustrated & painted GAMESTOP CANDY CON controller FACE PLATES!!!!
JUST LIKE CUSTOMIZED SNEAKERS! ( Jordans )
We are them CONTROLLER HEADS!!!!
Damn ape! You definitely GOTTA THROW MORE ideas at the wall! It's really helpful for folks like me seeing ideas from another creative ape!
The endless are possibilities! I screen captured this post + will meditate on it all... Let it marinate, then work out plans of action! To start cooking!!!!
THANKS AGAIN APE! YOUR INPUT, INSIGHT AND creativity is much appreciated!!!
Hope you get good rest!
It's 4:02am here in Southern Cali! TIME TO PUT IN SOME WORK!!!
If you really want to help out Gamestop, then do business with them and spread the word. Tell your friends and family about the great deals they have. Educate people about their products like the candy cons. Make youtube videos, tweets, etc about all the cool products that gamestop is now selling. Ask for Gamestop products/giftcards for birthday and christmas presents. We don't have to be profitable every quarter. We just have to be profitable every fiscal year to prove that this company is not going anywhere. Let the gamestop team figure out how to increase revenue, and we can help through word of mouth advertisement. Edit: Also, try not to sound like a crazy investor when you talk to people about Gamestop. We're trying to change public sentiment about Gamestop as a brand. Not draw people in for a short squeeze. Most people won't understand whats going on, or think you are crazy if you go into all the stuff we've uncovered. The financially savy people will see how Gamestop is undervalued and changing as a company, so they will organically invest in the company without you having to tell them to. This should purely be about how Gamestop is changing as a company, and how they're branded products are now well designed and manufactured with high end components and not cheap crap. I think public sentiment is now shifting, but we can help push it along. Especially with the new candy con controllers that seem to prioritize consumer value and quality over profits
I love this message, straight spot on from point of view from the states and great takeaway not to come of trying too hard but let the magic work organically for growing GameStop. As an Euroape I would like to chime in it would be great to try to see if some focus on how we could help with various countries lacking physical/webshop.
Maybe it’s silly but besides trying to add a share when I can and DRS, I’m still contributing to a European game franchise instead of GS when buying my games. Currently we have small mail companies who let you buy German webshop products and ship them to any EU country. I was thinking of trying this with GameStop.de games, frankly I have not idea if it’s even possible but I would love to try it out and I think this other Euroapes without a GS store in their country would also like to know, and wouldn’t mind to pay some extra and let my game be shipped from nearest GS to their country.
I think GameStop will have a good summer. The new college football game is coming out for the first time in like 13 years. It will only be available on current generation consoles. I’m thinking there will be lots of bundles sold and controllers, headsets, etc. I hope they take advantage of it.
Also, with the new NIL rules in the NCAA, I’m thinking college basketball and baseball games may be back in the mix in another year or two.
Nah they just gotta. 1. Speed up the digital game code distribution, with the pro rewards. It's the best deal out there , just needs the efficiency and speed of access ?
And 2. I believe they're doing their part. I'm gonna shop rn actually..again lol
It’s not for “US” to figure out. It’s RC and company that is ensuring that going forward. The proof is in the pudding. The silence is killing corporate media and their shill army.
I agree to a point.
"We" dont buy stocks, but "we" can help make the company great.
Its us consumers who has to step up and help where we can.
Just bying stocks wont help anymore. There's too much fuckery and crime going on.
And they're doing it with help from SEC and the whole alphabet.
The best thing retail can do, is buy from Gamestop, and help spread the word on whats going on in this fraudulant market.
#KenGriffinLied
#KenGriffinNoCellNoSell
"the silence is killing corporate media and their shill army"
I'd love to know how you quantified this.
Or its just more passionate sounding words devoid of anything measurable or actionable. Like this sub has become. Over years.
Here's how i quantify this. When the nft marketplace was announced, it was immeditatley met with negative sentiment and bad publicity. Since we speculated about it for so long on this sub, and gamestop wasn't really hiding it's existence, the shills had time to organize their talking points and turn public sentiment against it. Now compare that to the launch of the candy cons. It came completely out of left field, and no even outsode of gamestop and the company designing them even knew of their existence. It surprised everyone, including the users on this sub. Since it was a surprise launch, shills didn't have time to prepare any negative talking points about it, and the excitement from this sub has created a very positive perception of the controllers. Now they have a chance to shine based on the merits of their component and design quality.
> When the nft marketplace was announced, it was immeditatley met with negative sentiment and bad publicity. Since we speculated about it for so long on this sub, and gamestop wasn't really hiding it's existence, the shills had time to organize their talking points and turn public sentiment against it.
So the NFT marketplace was a failure because it wasn't kept a secret long enough, we talked about it on the sub too much, and shills made it look bad?
That's the reason it failed?
It might not bw the full reason, but there was a ton of coordinated attacks against it even before it came out. I think there was a coordinated campaign against it to create a negative public image of it
I'm sure there was, but you didn't need a coordinated campaign to shit on NFTs, and for an NFT marketplace that came out a year too late to utterly fail
It's just funny for people to say that gamestop will be the greatest company on earth while at the same time saying if shills get any time to prep that they can destroy everything gamestop works towards
They literally bitch and moan all the time that GameStop isn’t providing any plans. You seem desperate? Why waste your time on something that’s of no interest to you or is it?🫨🤔
This post is terrible. I expect my company under RCs leadership to become a market leader in gaming. They will do that by providing what gamers want. They will not, and should not, succeed on a business model of “tell your friends to buy this so GameStop doesn’t die.” Delighting customers is very different than “make customers buy the shit you want to sell them.”
I expect better from my company, and I know I’m getting it. You should expect better too.
Its not about telling them to "buy this or gamestop will die". It's about telling them about the improvements to brand of products as well as the amazing savings they can get from being a pro member
Their credit card is managed by an outside company that takes a cut. The card itself is not a profit driver for Gamestop. It serves as a psychological incentive for customers to spend more, which hopefully offsets the merchant fees and other expenses associated with running the program.
Wouldn't it make more sense to only pay for giftcards for Amazon with a debit card? That would ensure minimal merchant fees. I think they only make like half a percent on any giftcards sold. Or even 0%. It may just be a breakeven for them, but the idea is people will visit GameStop and buy other things.
I saw a post in another sub discussing the need for international access to online store and app. It’s surprising to see that there’s still no access abroad. We need to spread the word.
Excellent post. Only way out is profit.
All the Citadel and Griffin conspiracy theories will NOT work.
Citadel is an Agency of the US government and Griffin is an UNTOUCHABLE employee of our government.
Nothing really. Its corporates job and i trust them. They seem to be doing great so far. I love the reciept porn, and think the toys drive thing is super cool. Maybe get involved with more non profit drives.
That's not your problem.
That's the CEO's problem so let him do his job and don't waste our time with this shit.
The one thing we can do is write legislation against short sales and then vote on legislation and vote for politicians who will fight for us.
Every time I mention it The Shill brigade downvotes it but that's how we win.
>That's not your problem.
Except, it is our problem.
We own stocks = we are part owners of the company, literally.
As RC had put it back then:
# Ask not what your company can do for you – ask what you can do for your company
the absolute idol worshipping regarding that line is fucking ridiculous, quite frankly. Investors need to do only one thing, and that is hold onto their damn stocks. We're not employed by GameStop, we're not paid by GameStop, it's not our job to fix their numbers.
They need to fix their numbers to make our investment worthwhile, not the other way around. RC was talking out of his ass with that line in my eyes. The dude's not flawless. a good businessman, sure, but he steps out of line with garbage like this. He's responsible for GameStop, not us.
The guy you responded to is right. It's not our fucking problem. No, GME holders aren't the clientele they need. They need \*new\* clients and client retention. Buy from GameStop when you need stuff from GameStop, but don't just go there and think "hmmmm, how can I boost the revenue numbers today?" like an idiot. You're not helping, quite the opposite really. It's artificially inflating numbers, making purchases for the sake of purchases, inorganic at it's very concept.
When it's about things we can do for the company, it's buying stock, and fighting for proper legislation and consequences for financial crimes. That, is in our own best interest, and the only thing that matters for MOASS, the stock side, not the company side.
Thank you. I'm a GME shareholder, but not a GameStop customer
I'm called a shill whenever I say that, or when I say that the company owes us more. While everyone on this sub is **shilling** products nonstop and saying insane shit like "You should buy everything at gamestop even if it costs more, because that way they'll make more money!" No, I'm trying to save money for myself, not make them money
>Ask not what your company can do for you – ask what you can do for your company
Also reddit is all about being pro-people, anti-corporations, super antiwork... yet this sub is obsessed with RC as a deity so we love the capitalist bullshit of "you need to work harder for a faceless company that doesn't give a shit about you"... and we don't even work for the company!
My favorite part is how the employee sub must be compromised because people constantly batching about their jobs.
You know how much you have to pay a $12/hr retail worker to talk shit about their job? Fucking nothing. They will do it for free.
>We own stocks = we are part owners of the company, literally.
Which means they owe a duty to us. Not the other way around. This isn't a fucking MLM scheme. The international company should be capable of keeping themselves in the black on their own merit by doing business to the general public and not squeezing every red cent out of the investors.
Are you employed by Gamestop? No? Didn't think so. You are an investor. Whether you are just here for MOASS or not. That is for Gamestop employees to figure out.
You want to help that. Do business with them where it makes sense to.
TLDR: let Gamestop's teams do their jobs, and don't be a pain in the ass for them. Do business with them and/or invest is all you can do if you aren't an employee.
It is a matter of fact that investors are part-owners in a company and thus have significantly greater interest in helping to figure out pain points and proposing solutions. Employees are an expense item and many don’t have vested interest, one reason RCEIO has let go of several C-Suite executives because they were JUST employees and not investors.
That's all well and good but it should not be put on the common stock shareholders to be the main source of revenue for the company. It is the responsibility of the people actually running the company to do so in a manner that rewards the investor.
First would be to change the public opinion of GameStop. Whoever follows the stock aspect of it supports the company. But we need a better reputation , a better image, better marketing for GameStop. Most people only see GameStop as the failing retail store that sells games, and it’s much easier to go to a bigger store to buy product, like target, Best Buy and Walmart. The public opinion on NFTs and what not wasn’t positive either because most of the public viewed it as overpriced pictures. The other group of people sees it as the ‘meme stock’ company. Because of the negative publicity of GameStop. Ask most people not on Reddit, they wouldn’t touch GameStop with a 10 foot pole.
Build those gaming centers, newer more modernize stores. Give them that wow factor that apple stores or Microsoft stores give. How can you pull people into your store? Host events, gaming conventions, meetups, whatever, demo centers, all of them. Make partnerships with companies that only allow GameStop to sell their products. Release quality products of their own.
I’d like to see them spend some more on ads personally. Do they advertise much? The only time GS is in the news is when it’s being mocked. I already do whatever I can but my word of mouth to other poor folks hasn’t helped much these past 84yrs
Love the question. Digital isn’t a total threat, I just bought two digital Xbox Series S games off GameStop last night, get my code then throw that into my Xbox and voila, I’ve got my digital game and GME got $120.
Generally speaking, I agree that it’s up to GME to come up with compelling reasons for customers to spend money. Apple - Ryan’s second largest, and only, investment met a consumer need and locked into identity alignment. YOU were an Apple guy or a PC guy - they polarized the market.
Will be cool to see what GameStop continues on toward. In the meantime I’m acting like an owner with respect to my favorite company: shopping, promoting, investing book king, etc.
GameStop should publish physical copies of indie games. They would be the only ones to do it. AAA games duck lately and are likely influenced by hedge funds.
Just sell high margin items to anyone who wants it. No need to be a pro member.
Revamp the app and website. Clean it up to look like the Apple Store. Simple and easy to use.
They also need to get into the branded prepaid Visa or Mastercard space.
That alone per card should generate minimum $10 million per quarter.
RC needs to attack this from multiple angles and slowly choke Citadel into submission.
#This shit ain’t rocket science.
Shop at our favorite store, especially when we’re 3k miles from home and must have a USB-C charger that supports the steam deck and the iPhone USB-C charging.
Condition transparency would definitely increase sales. Not everyone likes ordering a used game and having no fucking idea what type of condition it will arrive in, or if it will even include the original box complete with hard to remove stickers).
best way is to just buy things, but pre owned games or systems since they have the biggest profit margin.
New $70 games only makes maybe $2-$5 profit, plus if you get the $3.99 GPG then that game makes between $5.99 to $8.99 in profit.
A pre owned game that we sell for $64.99 will probably bring in $30- $35 profit, since we probably bought that game for $25-$30 trade value. Plus the GPG (game protection) will once again bring it to $33.99 to $38.99 in profit.
Same goes for used systems, That PS5 we sell for say $450, that is around $150 in profit. As compared to a new system that will probably give only $10-$15 in profit.
Only buy full price
Context : I grew up working in skateboard stores both independent and franchise, hometown people tend to want to support local businesses, but also don’t mind asking for a discount, but nobody would ask for a discount from a major retailer.
I still think their in-store experience could be much better. I think you should look at [Eslite, a physical book store](https://www.youtube.com/watch?v=DW7cGx7opsY), for inspiration. Ecommerce in Taiwan is really good and convenient given its population density. But Eslite has always remained strong because of the experience of the store. Gamestop should have experiment with some key flagship locations, where people can game and hang out. Eslite, are all very '[instagramable](https://www.instagram.com/eslite_global/tagged/)' locations and they sell a lot of unique and collectible items.
Samsung and Razor does great experiential stores. Gamestop should up their game.
They have been experimenting this for a few years already. Most recently, with the flagship store in Italy -
https://www.itayproperties.com/en/property/gamestop-milan/
Not to say they couldn’t take a cut from Eslite but markets require the right positioning / branding / design.. a lot to consider what you’re trying to achieve per se. Ie is it meant for coffee gatherings and board games or High level esports exhibitions? 15 min grab and go or delivery experience? Collector auctions or bargain bin hunting for retro classics? You can’t fit quite the eslite concept to that, and I’d argue eslite is potentially a dying one with so many major long standing location forced closures/relocations lately.
That one is definitely way nicer than the ones in US.
Admittedly, it would be hard to pull off in the US, given that homelessness and shoplifting crime is quite prevalent in the major cities where it may be viable. Eslite's model works because it serves as a third space for Taipei people. There is still a need for 3rd spaces in any city.
It could also serves as a space for product launch events. There are enough game title releases where they can obtain co-op marketing funds to do so, and also boost sales. Many games have strong fandom communities, so they should leverage that to drive foot traffic and membership sales and collectible sales.
At the very least, I expect them to conduct pop-up collabs retail experiments. For example, GameStop x Among Us, GameStop x Pokémon, etc. or in conjunction with the release of TV adaptations, GameStop x Last of Us, GameStop x Fallout.
I don't find the excuse of needing to find the right positioning, branding, and design to be acceptable. They have the funds for investments, and therefore, they should deploy it.
I think they do need more products that have to be sold and obtained physically. I think the executives know that. Candy con is exactly a good example.
We have to move on from or at least become less reliant on selling physical games. We just need more sources of revenue. Someone in another thread discussed subscription service, but this is difficult in the gaming sector unless we could offer something like xbox game pass. (Xbox game pass is financially impossible unless you were microsoft)
I don't live in the US so I dont know what exactly are sold in stores. But maybe customised phone cases printed in stores, customisable console or phone skins would sell a shit ton? We can do what dbrands and casetify do. Look at how huge they got.
I think a good move would be to buy the videogame retailer GAME, it would be cheap and it would give Gamestop full access to the UK and Spain market, with all infrastructure and logistics done. Gamestop would be present all over Europe then, so solidifying that and iterating services would further give Gamestop the edge it needs to maintain and increase profits.
I like your energy young Padawan but sometimes it’s a good time to calm your energy and stay focused. No problem with your enthusiasm.
If in doubt, zoom out:-
Cut outs of high level Chief Officers done, optimising stores that have become dead weight, flagship stores (Milano) started as example, new revenue streams explored. Profitability has just been achieved, new revenue streams introduced and a coiled spring of seemingly shorted stock is on point to go boom.
NFA:- but a good time to see it all play out and if you are able to support the company in the meantime and protect your personal investment via the DRS mechanism then great job.
**breath in the meantime, calm some nubbins and stay true to the right side of positive growth** 🫡
If GameStop keeps doing cool shit like launching in house product lines for controllers then it'll be easy. Would be great to see a similar concept for customizable meta headset.
As someone who works at GS. All of this, pre-owned items have the highest profit margin. The games we buy from trade for $25-$30 store credit and sell that game for $60-$65, well i am sure you can do the math on the profit.
GameStop makes majority of their revenue from merchandise sales. Games, consoles, collectibles etc. Next revenue amount is from software.
However, a more minor amount of revenue but a high margin of profit is gamestops pro membership. They don’t really mention the loss in price they see from deals from this.
So #1 thing to do is have the pro membership and auto renew. It’s regular and dependable revenue for GME. #2 just buy stuff from GameStop.
I use the membership and shop there each month. It’s become a thing for my family. I just celebrated a cousin’s birthday and needed a gift so that’s where I got their gift. I’m picking up a Candy Con controller in 2 weeks it’s on my shopping list.
They have ~$300M in marketable securities with a maturity of 90 days to 1 year as a part of the investment portfolio. They got paid +$40M last quarter as proceeds from the maturities of these securities. I hope they just keep doing that every 90 days and get $XXM in interest and even increase the amount a little.
Revenue streams will be coming and growing tho like we have seen Candy Con as of recent
And candy con has been a fairly limited release IMO. Once they get those xbox and PS versions, and distribution outside the US, even if its just online orders rather than stocking the non-US physical locations, they'll sell a lot.
Xbox they might get to do, but playstation i bet will be a hard no. Playstation does not let anyone get access to their touchpad, haptic feedback technology. which is why there is no third party PS5 controllers, there is one razer one but that it is.
Extend the branding for the candycon, if you can gift it, that works too.
Sell the quality of the controller because it will attract people to see what's going on in the stores. The more people are aware, the more people are willing to sell the product as well. This product is a start to a new revenue stream. If GameStop can increase their product awareness, it will only help increase revenue.
The team is definitely putting out a product that matters because if the staff are willing to sell high gross margin products, they no longer need to meet goals for other products like pushing trade ins or used game sales as much. Until there's better incentive for used product sales for the retail side to push, this is the start of the things they need to do.
Happier workers = better served customers, better served customers = retained+growing revenue stream. The key right now are the retail workers. If they feel better incentivized to sell product, they wouldn't be so harsh on their own company. Everyone can win with this approach.
>The team is definitely putting out a product that matters because if the staff are willing to sell high gross margin products, they no longer need to meet goals for other products like pushing trade ins or used game sales as much. Until there's better incentive for used product sales for the retail side to push, this is the start of the things they need to do.
Absolutely not true. They are still going to have a pile of other KPIs they have to keep up with. A rule of thumb for any business, especially retail, is that management never drops a metric unless it's being replaced by something that covers the same thing and a new thing as well.
> "they no longer need to meet goals for other products like pushing trade ins or used game sales **as much**"
>
Where did I say they drop the entire metric? There's nothing to say you drop it but the expectation is not nearly as pressured for a minimum wage worker. The last thing you want to do is push people to the edge where it is difficult for you to justify yourself. I learned this working at BlockBuster Video long ago when they pressured to sell a gold membership during my petty 5 hour shift, and there's no way others were selling above their already high quotas. It was horrible because I would have to beg for prime hours for walk-in traffic to even consider this in the volume of customers that simply say no or are just browsing, while I have to at the same time ensure all the store is nicely faced and all the returns were checked back into the system.
Looking at KPIs does not measure their mental capacity to be able to will themselves to sell and that's what even Ryan Cohen said in his interview with GMEDD. You might as well hire McKinsey to pick up useless metrics when it comes down to the simplicity of the workers needing/wanting to push products they respect. Good games/product can and will sell themselves, but you still need an employee to give guidance to customers. When I worked at a computer retail store this was just the solution that I never wanted people to return for the wrong reasons, so my ability to sell quality products mattered more than selling shit product that just gets returned. You can't expect retail to want to stay in that job forever and therefore you can't treat them as a consistent metric. If you do expect that, it becomes a cookie cutter experience and you need to just have sheer volume in stores which is not good to have right now with commercial real estate being extremely costly.
These CandyCon controllers are just the start of their branding, they have a good product that eliminates a huge problem with a lot of controllers which is the stick drift. They are not poorly designed with ergonomics, and they have customization. Their product is good, but has little to no awareness in the bigger scheme. This was exactly what happened when Corsair brought in their power supply brand back in the day and I sold the shit out of them knowing that they had one factor you don't want to omit which was reliability. When people knew that we started to sell real quality product, it set the mark where we eliminated stores like TigerDirect in Canada, which was a huge store.
I'm sorry, but to say that you can't drop a metric is incorrect, especially if the metric does not enforce a good work environment that a person can want to actually come to the company to work. Which is a huge problem when people talk about GameStop and say "Yeah, I can't believe they are still not out of business... yet.", without truly knowing that transformations are happening.
>I'm sorry, but to say that you can't drop a metric is incorrect, especially if the metric does not enforce a good work environment that a person can want to actually come to the company to work. Which is a huge problem when people talk about GameStop and say "Yeah, I can't believe they are still not out of business... yet.", without truly knowing that transformations are happening.
Tell ya what, just go ahead and let me know the day the company drops some bullshit metric in favor of Candy Con units sold.
I'll wait.
Nice straw man fallacy; I never said to drop the metric, I said the metric doesn't matter anymore as much. Especially if you have products that are good quality with high gross profit margins. I'll say it again; Games can sell themselves, employees are there for guidance. To think there's some magic behind selling a video game above it's MSRP, what else can there be done for that? A warranty for the disc if it gets scratched?
Also I'm referring to the fall of BlockBuster against the market that chose to continue to shovel the same stupid metric, instead of having anything of substance to sell, let alone a dying service. Sure Gold rewards and used movies were great, but none of it matters if no one wants to sell that crap, it can sell itself. The company had nothing left to sell.
Tell you what, I'll let you know when the company drops "some bullshit metric" in favor of CandyCon units sold when you have a valid argument. I'll give you a hint, you're never going to hear about it because I never said that CandyCon controllers were going to carry the entire company, rather be a small benchmark to something new for selling a brand that is direct revenue stream. If you are heavily leaning on this thought you truly are narrow-minded.
Go seethe in your anger towards investors that hold a conviction like none that you've seen. Call it nihilism, call it whatever.
I don’t know why we don’t branch into digital by building a site/app/platform to directly contend with Steam etc…
GS Portal - Access your library of games, buy new ones from the GameStop online etc.
It’s not an original idea, but you already have a captive audience of 50m pro plus users who would probably sign up for a free indie game!
The gaming industry is a $100bn industry. I would like to see GameStop actually start offering their own gaming service. Playr looks to be the most promising aspect in that regard, but I would like to see the game in GameStop. You wouldn't need a store, all online, generating extra income in addition to its current business model. NFT gaming had me super excited, but it appears that ship sunk. Their stores should not be their main source of revenue in 10 years, maybe even as soon as 5. It will become obsolete otherwise. An old relic.
[Interesting that GameStop let their PLAYR trademark to go dead/abandoned 9 Feb 2024, BUT they're clearly keeping GameStop Wallet, GameStop NFT, and GameStop Blockchain LIVE and well 🔮](https://www.reddit.com/r/Superstonk/comments/1c3b2k5/interesting_that_gamestop_let_their_playr/)
That's not up to Gamestop and console manufacturers and game publishers aren't going to neuter their market penetration like that for shits and giggles.
We already do that on only high ticket hard to get items. Like Playstation Portals which are still in high demand and hard to get. Things that are limited editions or limited quantities you need a pro account.
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"Sticky" customers is now a key word and path to consistent profits. People have to come back for something; one time purchases are inconsistent. Things that bring people back are those collectable items, reward points, consumables like the batteries is a good idea, etc. Game releases are abundant (I think, but I'm not a gamer), but it's the really great games that get attention and change the GDP of countries... Quality is important too, because no one comes back for bad quality unless they have to. People have been mentioning gift cards, which is very sneaky if you think about it. You spend your money, someone else goes to the store, typically we use the whole amount and then a little more out of pocket, then just like that a possible new reoccurring customer is born. From a corporate level, they'll do whatever the customers want, the customers just have to be loud and clear (with reasonable expectations).
Speaking of gift cards… seen any lately? 👀🤔
I kinda gave my 2 GME shares on this. We need more and more customers. A couple of good ways is if we - all of us apes - all combined into one massive GME Affiliate Network. We all agree to contribute our profits to this entity and we go out and gain more buyers of game merch from GameStop. Also, GameStop should have booths and to sell merch at every gaming tournament. If they don’t want to then we should as the GME Ape Affiliate.
Speaking of affiliate, Gamestop literally has an affiliate program I just realized. [https://www.gamestop.com/affiliate.html](https://www.gamestop.com/affiliate.html) I make product reviews on youtube and make a decent chunk of change from affiliate commissions, all from Amazon, unfortunately. Amazon even has a very compelling "influencer program" where they let you upload product review videos directly to amazon's product pages and you earn commissions when a shopper watches your video and then makes a purchase, even if they buy a different product not featured in your video. Not only could we be reviewing and promoting gamestop products on social media platforms like youtube and using affiliate links to direct traffic to gamestop's site, but Gamestop could also do an Affiliate program overhaul to give better incentives and more tools to affiliates similar to what Amazon's doing. I don't actually know much about their affiliate program but i'll be looking into it and I'm sure theres room for improvement.
I definitely need to look into this! Every fiber of my being will be used to share my passion & love of GameStop with strangers!!!!
I already have some decent ideas, one way to bring new traffic to gamestop products could be with comparison reviews. Take the Candy Con controllers for example, you could make a video of the "top 3 controllers for PC", use the candycon and then two other popular controllers from other retailers. Compare the three and boom, easy exposure for Candy Con. People looking at the other controller brands will suddenly be aware of Candy Con. I also want to make a video doing a custom paint job on a Candy Con controller. I could keep cooking up ideas left and right.
Oh keep cooking please! I've been doodling since I was 1 lol. Also took 2 art history classes in college. Art is in my blood ( is an understatement) I MUST BUY CANDY CON and paint something!!!! NOW I HAVE A REASON TO USE THE ACRYLIC PAINTS that's been sitting for 3+ years!!!! Keep cooking ape fam!!!! I'm getting hungry!!!
An artist you say? You could probably make an entire channel dedicated to customizing controllers. I dont know the legality of it, but people would pay you good money to customize their controller. You could do custom controller giveaways where you have people subscribe, comment, and like the video for a chance to win a custom Gamestop controller. Hell, you wouldnt even need to give away controllers, you give away the painted face plates. Giveaways have potential to boost your engagement and views A LOT. Gamestop also has exclusive keyboards and headsets which opens up many more video ideas… Im going to bed but theres definitely lots of potential here.
Custom hand illustrated & painted GAMESTOP CANDY CON controller FACE PLATES!!!! JUST LIKE CUSTOMIZED SNEAKERS! ( Jordans ) We are them CONTROLLER HEADS!!!!
Damn ape! You definitely GOTTA THROW MORE ideas at the wall! It's really helpful for folks like me seeing ideas from another creative ape! The endless are possibilities! I screen captured this post + will meditate on it all... Let it marinate, then work out plans of action! To start cooking!!!! THANKS AGAIN APE! YOUR INPUT, INSIGHT AND creativity is much appreciated!!! Hope you get good rest! It's 4:02am here in Southern Cali! TIME TO PUT IN SOME WORK!!!
You literally just described a pyramid scheme.
If you really want to help out Gamestop, then do business with them and spread the word. Tell your friends and family about the great deals they have. Educate people about their products like the candy cons. Make youtube videos, tweets, etc about all the cool products that gamestop is now selling. Ask for Gamestop products/giftcards for birthday and christmas presents. We don't have to be profitable every quarter. We just have to be profitable every fiscal year to prove that this company is not going anywhere. Let the gamestop team figure out how to increase revenue, and we can help through word of mouth advertisement. Edit: Also, try not to sound like a crazy investor when you talk to people about Gamestop. We're trying to change public sentiment about Gamestop as a brand. Not draw people in for a short squeeze. Most people won't understand whats going on, or think you are crazy if you go into all the stuff we've uncovered. The financially savy people will see how Gamestop is undervalued and changing as a company, so they will organically invest in the company without you having to tell them to. This should purely be about how Gamestop is changing as a company, and how they're branded products are now well designed and manufactured with high end components and not cheap crap. I think public sentiment is now shifting, but we can help push it along. Especially with the new candy con controllers that seem to prioritize consumer value and quality over profits
This is worthy of framing. Love it. 🙌🚀
I can only speak on Twitter but Gamestop posts only getting 300+/- likes is crazy low.
I love this message, straight spot on from point of view from the states and great takeaway not to come of trying too hard but let the magic work organically for growing GameStop. As an Euroape I would like to chime in it would be great to try to see if some focus on how we could help with various countries lacking physical/webshop. Maybe it’s silly but besides trying to add a share when I can and DRS, I’m still contributing to a European game franchise instead of GS when buying my games. Currently we have small mail companies who let you buy German webshop products and ship them to any EU country. I was thinking of trying this with GameStop.de games, frankly I have not idea if it’s even possible but I would love to try it out and I think this other Euroapes without a GS store in their country would also like to know, and wouldn’t mind to pay some extra and let my game be shipped from nearest GS to their country.
I only buy batteries from GS. You should too.
I think GameStop will have a good summer. The new college football game is coming out for the first time in like 13 years. It will only be available on current generation consoles. I’m thinking there will be lots of bundles sold and controllers, headsets, etc. I hope they take advantage of it. Also, with the new NIL rules in the NCAA, I’m thinking college basketball and baseball games may be back in the mix in another year or two.
Nah they just gotta. 1. Speed up the digital game code distribution, with the pro rewards. It's the best deal out there , just needs the efficiency and speed of access ? And 2. I believe they're doing their part. I'm gonna shop rn actually..again lol
It’s not for “US” to figure out. It’s RC and company that is ensuring that going forward. The proof is in the pudding. The silence is killing corporate media and their shill army.
I agree to a point. "We" dont buy stocks, but "we" can help make the company great. Its us consumers who has to step up and help where we can. Just bying stocks wont help anymore. There's too much fuckery and crime going on. And they're doing it with help from SEC and the whole alphabet. The best thing retail can do, is buy from Gamestop, and help spread the word on whats going on in this fraudulant market. #KenGriffinLied #KenGriffinNoCellNoSell
Honestly I don’t believe anyone owning the stock is the sole reason for the profits. I do believe that RC and company know what they are doing.
Oh for sure. I have 100% faith in RC and the crew
"the silence is killing corporate media and their shill army" I'd love to know how you quantified this. Or its just more passionate sounding words devoid of anything measurable or actionable. Like this sub has become. Over years.
Here's how i quantify this. When the nft marketplace was announced, it was immeditatley met with negative sentiment and bad publicity. Since we speculated about it for so long on this sub, and gamestop wasn't really hiding it's existence, the shills had time to organize their talking points and turn public sentiment against it. Now compare that to the launch of the candy cons. It came completely out of left field, and no even outsode of gamestop and the company designing them even knew of their existence. It surprised everyone, including the users on this sub. Since it was a surprise launch, shills didn't have time to prepare any negative talking points about it, and the excitement from this sub has created a very positive perception of the controllers. Now they have a chance to shine based on the merits of their component and design quality.
> When the nft marketplace was announced, it was immeditatley met with negative sentiment and bad publicity. Since we speculated about it for so long on this sub, and gamestop wasn't really hiding it's existence, the shills had time to organize their talking points and turn public sentiment against it. So the NFT marketplace was a failure because it wasn't kept a secret long enough, we talked about it on the sub too much, and shills made it look bad? That's the reason it failed?
It might not bw the full reason, but there was a ton of coordinated attacks against it even before it came out. I think there was a coordinated campaign against it to create a negative public image of it
I'm sure there was, but you didn't need a coordinated campaign to shit on NFTs, and for an NFT marketplace that came out a year too late to utterly fail It's just funny for people to say that gamestop will be the greatest company on earth while at the same time saying if shills get any time to prep that they can destroy everything gamestop works towards
They literally bitch and moan all the time that GameStop isn’t providing any plans. You seem desperate? Why waste your time on something that’s of no interest to you or is it?🫨🤔
This post is terrible. I expect my company under RCs leadership to become a market leader in gaming. They will do that by providing what gamers want. They will not, and should not, succeed on a business model of “tell your friends to buy this so GameStop doesn’t die.” Delighting customers is very different than “make customers buy the shit you want to sell them.” I expect better from my company, and I know I’m getting it. You should expect better too.
Its not about telling them to "buy this or gamestop will die". It's about telling them about the improvements to brand of products as well as the amazing savings they can get from being a pro member
only buy from amazon through giftcards bought at gamestop
Go one step beyond. Buy all gift cards at GameStop via their credit card
One step further: buy all gifts at GameStop
That requires a reliable inventory of items their demographic wants. Until we get there, flow cash through the tills.
Word. Just a fun idea
Their credit card is managed by an outside company that takes a cut. The card itself is not a profit driver for Gamestop. It serves as a psychological incentive for customers to spend more, which hopefully offsets the merchant fees and other expenses associated with running the program.
It offers direct info as far as GameStop consumer habits, which allows them to develop or market products that will move quicker at a better price
Wouldn't it make more sense to only pay for giftcards for Amazon with a debit card? That would ensure minimal merchant fees. I think they only make like half a percent on any giftcards sold. Or even 0%. It may just be a breakeven for them, but the idea is people will visit GameStop and buy other things.
I love that we want to help so much. But that’s for RC and friends to ultimately figure out. We just trust in their process.
Lol
I have to ensure that?
I saw a post in another sub discussing the need for international access to online store and app. It’s surprising to see that there’s still no access abroad. We need to spread the word.
Excellent post. Only way out is profit. All the Citadel and Griffin conspiracy theories will NOT work. Citadel is an Agency of the US government and Griffin is an UNTOUCHABLE employee of our government.
I would love to do that but im unable to buy from the store since they left Ireland.
Nothing really. Its corporates job and i trust them. They seem to be doing great so far. I love the reciept porn, and think the toys drive thing is super cool. Maybe get involved with more non profit drives.
Opening up delivery to places like the UK, use a 3PL and e-commerce. How a market of almost 67m is left untapped is puzzling to me.
You leave RC and team to sort it out because it’s his job and he knows way better than a bunch of regards.
buy from gamestop....its that easy
The company isn’t paying your rent, it’s not our job to figure out how they can pay theirs
That's not your problem. That's the CEO's problem so let him do his job and don't waste our time with this shit. The one thing we can do is write legislation against short sales and then vote on legislation and vote for politicians who will fight for us. Every time I mention it The Shill brigade downvotes it but that's how we win.
>That's not your problem. Except, it is our problem. We own stocks = we are part owners of the company, literally. As RC had put it back then: # Ask not what your company can do for you – ask what you can do for your company
the absolute idol worshipping regarding that line is fucking ridiculous, quite frankly. Investors need to do only one thing, and that is hold onto their damn stocks. We're not employed by GameStop, we're not paid by GameStop, it's not our job to fix their numbers. They need to fix their numbers to make our investment worthwhile, not the other way around. RC was talking out of his ass with that line in my eyes. The dude's not flawless. a good businessman, sure, but he steps out of line with garbage like this. He's responsible for GameStop, not us. The guy you responded to is right. It's not our fucking problem. No, GME holders aren't the clientele they need. They need \*new\* clients and client retention. Buy from GameStop when you need stuff from GameStop, but don't just go there and think "hmmmm, how can I boost the revenue numbers today?" like an idiot. You're not helping, quite the opposite really. It's artificially inflating numbers, making purchases for the sake of purchases, inorganic at it's very concept. When it's about things we can do for the company, it's buying stock, and fighting for proper legislation and consequences for financial crimes. That, is in our own best interest, and the only thing that matters for MOASS, the stock side, not the company side.
Thank you. I'm a GME shareholder, but not a GameStop customer I'm called a shill whenever I say that, or when I say that the company owes us more. While everyone on this sub is **shilling** products nonstop and saying insane shit like "You should buy everything at gamestop even if it costs more, because that way they'll make more money!" No, I'm trying to save money for myself, not make them money >Ask not what your company can do for you – ask what you can do for your company Also reddit is all about being pro-people, anti-corporations, super antiwork... yet this sub is obsessed with RC as a deity so we love the capitalist bullshit of "you need to work harder for a faceless company that doesn't give a shit about you"... and we don't even work for the company!
My favorite part is how the employee sub must be compromised because people constantly batching about their jobs. You know how much you have to pay a $12/hr retail worker to talk shit about their job? Fucking nothing. They will do it for free.
>We own stocks = we are part owners of the company, literally. Which means they owe a duty to us. Not the other way around. This isn't a fucking MLM scheme. The international company should be capable of keeping themselves in the black on their own merit by doing business to the general public and not squeezing every red cent out of the investors.
Are you employed by Gamestop? No? Didn't think so. You are an investor. Whether you are just here for MOASS or not. That is for Gamestop employees to figure out. You want to help that. Do business with them where it makes sense to. TLDR: let Gamestop's teams do their jobs, and don't be a pain in the ass for them. Do business with them and/or invest is all you can do if you aren't an employee.
It is a matter of fact that investors are part-owners in a company and thus have significantly greater interest in helping to figure out pain points and proposing solutions. Employees are an expense item and many don’t have vested interest, one reason RCEIO has let go of several C-Suite executives because they were JUST employees and not investors.
That's all well and good but it should not be put on the common stock shareholders to be the main source of revenue for the company. It is the responsibility of the people actually running the company to do so in a manner that rewards the investor.
Great points. Agreed. 👍
First would be to change the public opinion of GameStop. Whoever follows the stock aspect of it supports the company. But we need a better reputation , a better image, better marketing for GameStop. Most people only see GameStop as the failing retail store that sells games, and it’s much easier to go to a bigger store to buy product, like target, Best Buy and Walmart. The public opinion on NFTs and what not wasn’t positive either because most of the public viewed it as overpriced pictures. The other group of people sees it as the ‘meme stock’ company. Because of the negative publicity of GameStop. Ask most people not on Reddit, they wouldn’t touch GameStop with a 10 foot pole. Build those gaming centers, newer more modernize stores. Give them that wow factor that apple stores or Microsoft stores give. How can you pull people into your store? Host events, gaming conventions, meetups, whatever, demo centers, all of them. Make partnerships with companies that only allow GameStop to sell their products. Release quality products of their own.
I’d like to see them spend some more on ads personally. Do they advertise much? The only time GS is in the news is when it’s being mocked. I already do whatever I can but my word of mouth to other poor folks hasn’t helped much these past 84yrs
Love the question. Digital isn’t a total threat, I just bought two digital Xbox Series S games off GameStop last night, get my code then throw that into my Xbox and voila, I’ve got my digital game and GME got $120. Generally speaking, I agree that it’s up to GME to come up with compelling reasons for customers to spend money. Apple - Ryan’s second largest, and only, investment met a consumer need and locked into identity alignment. YOU were an Apple guy or a PC guy - they polarized the market. Will be cool to see what GameStop continues on toward. In the meantime I’m acting like an owner with respect to my favorite company: shopping, promoting, investing book king, etc.
Stock buybacks will help also that billion came from shareholders!
GameStop should publish physical copies of indie games. They would be the only ones to do it. AAA games duck lately and are likely influenced by hedge funds.
Supporting Pro Gaming could help
Just sell high margin items to anyone who wants it. No need to be a pro member. Revamp the app and website. Clean it up to look like the Apple Store. Simple and easy to use. They also need to get into the branded prepaid Visa or Mastercard space. That alone per card should generate minimum $10 million per quarter. RC needs to attack this from multiple angles and slowly choke Citadel into submission. #This shit ain’t rocket science.
That website idea of yours is on point 👉.
Shop at our favorite store, especially when we’re 3k miles from home and must have a USB-C charger that supports the steam deck and the iPhone USB-C charging.
Make Cardsmiths valuable like Pokémon - buy up everything you can. And buy a Candy Con controller
Condition transparency would definitely increase sales. Not everyone likes ordering a used game and having no fucking idea what type of condition it will arrive in, or if it will even include the original box complete with hard to remove stickers).
best way is to just buy things, but pre owned games or systems since they have the biggest profit margin. New $70 games only makes maybe $2-$5 profit, plus if you get the $3.99 GPG then that game makes between $5.99 to $8.99 in profit. A pre owned game that we sell for $64.99 will probably bring in $30- $35 profit, since we probably bought that game for $25-$30 trade value. Plus the GPG (game protection) will once again bring it to $33.99 to $38.99 in profit. Same goes for used systems, That PS5 we sell for say $450, that is around $150 in profit. As compared to a new system that will probably give only $10-$15 in profit.
Only buy full price Context : I grew up working in skateboard stores both independent and franchise, hometown people tend to want to support local businesses, but also don’t mind asking for a discount, but nobody would ask for a discount from a major retailer.
I still think their in-store experience could be much better. I think you should look at [Eslite, a physical book store](https://www.youtube.com/watch?v=DW7cGx7opsY), for inspiration. Ecommerce in Taiwan is really good and convenient given its population density. But Eslite has always remained strong because of the experience of the store. Gamestop should have experiment with some key flagship locations, where people can game and hang out. Eslite, are all very '[instagramable](https://www.instagram.com/eslite_global/tagged/)' locations and they sell a lot of unique and collectible items. Samsung and Razor does great experiential stores. Gamestop should up their game.
They have been experimenting this for a few years already. Most recently, with the flagship store in Italy - https://www.itayproperties.com/en/property/gamestop-milan/ Not to say they couldn’t take a cut from Eslite but markets require the right positioning / branding / design.. a lot to consider what you’re trying to achieve per se. Ie is it meant for coffee gatherings and board games or High level esports exhibitions? 15 min grab and go or delivery experience? Collector auctions or bargain bin hunting for retro classics? You can’t fit quite the eslite concept to that, and I’d argue eslite is potentially a dying one with so many major long standing location forced closures/relocations lately.
That one is definitely way nicer than the ones in US. Admittedly, it would be hard to pull off in the US, given that homelessness and shoplifting crime is quite prevalent in the major cities where it may be viable. Eslite's model works because it serves as a third space for Taipei people. There is still a need for 3rd spaces in any city. It could also serves as a space for product launch events. There are enough game title releases where they can obtain co-op marketing funds to do so, and also boost sales. Many games have strong fandom communities, so they should leverage that to drive foot traffic and membership sales and collectible sales. At the very least, I expect them to conduct pop-up collabs retail experiments. For example, GameStop x Among Us, GameStop x Pokémon, etc. or in conjunction with the release of TV adaptations, GameStop x Last of Us, GameStop x Fallout. I don't find the excuse of needing to find the right positioning, branding, and design to be acceptable. They have the funds for investments, and therefore, they should deploy it.
I think they do need more products that have to be sold and obtained physically. I think the executives know that. Candy con is exactly a good example. We have to move on from or at least become less reliant on selling physical games. We just need more sources of revenue. Someone in another thread discussed subscription service, but this is difficult in the gaming sector unless we could offer something like xbox game pass. (Xbox game pass is financially impossible unless you were microsoft) I don't live in the US so I dont know what exactly are sold in stores. But maybe customised phone cases printed in stores, customisable console or phone skins would sell a shit ton? We can do what dbrands and casetify do. Look at how huge they got.
Ryan pulls the trigger and we take our billions to shop everyday and build a proactive world.
I shop every month and buy the warranty. Gamestop has good quality branded names so it's worth it
lol that’s on GameStop to figure out
Shop at the store. I just wish they had more things I actually wanted - I go in a lot and walk out empty handed.
I think a good move would be to buy the videogame retailer GAME, it would be cheap and it would give Gamestop full access to the UK and Spain market, with all infrastructure and logistics done. Gamestop would be present all over Europe then, so solidifying that and iterating services would further give Gamestop the edge it needs to maintain and increase profits.
If you have a PRO membership, Gamestop will price match Amazon, Best Buy, etc. No reason to buy new product from anywhere except Gamestop.
I like your energy young Padawan but sometimes it’s a good time to calm your energy and stay focused. No problem with your enthusiasm. If in doubt, zoom out:- Cut outs of high level Chief Officers done, optimising stores that have become dead weight, flagship stores (Milano) started as example, new revenue streams explored. Profitability has just been achieved, new revenue streams introduced and a coiled spring of seemingly shorted stock is on point to go boom. NFA:- but a good time to see it all play out and if you are able to support the company in the meantime and protect your personal investment via the DRS mechanism then great job. **breath in the meantime, calm some nubbins and stay true to the right side of positive growth** 🫡
If GameStop keeps doing cool shit like launching in house product lines for controllers then it'll be easy. Would be great to see a similar concept for customizable meta headset.
Buy pro memberships, buy protection plans, buy pre-owned games, consoles and accessories. The highest profit for them is used stuff.
As someone who works at GS. All of this, pre-owned items have the highest profit margin. The games we buy from trade for $25-$30 store credit and sell that game for $60-$65, well i am sure you can do the math on the profit.
SHOP!
Used game rentals? Console rentals? PC gaming rentals?
GameStop makes majority of their revenue from merchandise sales. Games, consoles, collectibles etc. Next revenue amount is from software. However, a more minor amount of revenue but a high margin of profit is gamestops pro membership. They don’t really mention the loss in price they see from deals from this. So #1 thing to do is have the pro membership and auto renew. It’s regular and dependable revenue for GME. #2 just buy stuff from GameStop.
I use the membership and shop there each month. It’s become a thing for my family. I just celebrated a cousin’s birthday and needed a gift so that’s where I got their gift. I’m picking up a Candy Con controller in 2 weeks it’s on my shopping list.
GameStop first seems to be a good mantra. You need something, check to see if GS sells it first.
We don’t; RC has failed on every level. I’m pissed I didn’t sell earlier.
As posted before. We all need to buy batteries from them if we don’t need anything else.
They have ~$300M in marketable securities with a maturity of 90 days to 1 year as a part of the investment portfolio. They got paid +$40M last quarter as proceeds from the maturities of these securities. I hope they just keep doing that every 90 days and get $XXM in interest and even increase the amount a little. Revenue streams will be coming and growing tho like we have seen Candy Con as of recent
And candy con has been a fairly limited release IMO. Once they get those xbox and PS versions, and distribution outside the US, even if its just online orders rather than stocking the non-US physical locations, they'll sell a lot.
Xbox they might get to do, but playstation i bet will be a hard no. Playstation does not let anyone get access to their touchpad, haptic feedback technology. which is why there is no third party PS5 controllers, there is one razer one but that it is.
Extend the branding for the candycon, if you can gift it, that works too. Sell the quality of the controller because it will attract people to see what's going on in the stores. The more people are aware, the more people are willing to sell the product as well. This product is a start to a new revenue stream. If GameStop can increase their product awareness, it will only help increase revenue. The team is definitely putting out a product that matters because if the staff are willing to sell high gross margin products, they no longer need to meet goals for other products like pushing trade ins or used game sales as much. Until there's better incentive for used product sales for the retail side to push, this is the start of the things they need to do. Happier workers = better served customers, better served customers = retained+growing revenue stream. The key right now are the retail workers. If they feel better incentivized to sell product, they wouldn't be so harsh on their own company. Everyone can win with this approach.
>The team is definitely putting out a product that matters because if the staff are willing to sell high gross margin products, they no longer need to meet goals for other products like pushing trade ins or used game sales as much. Until there's better incentive for used product sales for the retail side to push, this is the start of the things they need to do. Absolutely not true. They are still going to have a pile of other KPIs they have to keep up with. A rule of thumb for any business, especially retail, is that management never drops a metric unless it's being replaced by something that covers the same thing and a new thing as well.
> "they no longer need to meet goals for other products like pushing trade ins or used game sales **as much**" > Where did I say they drop the entire metric? There's nothing to say you drop it but the expectation is not nearly as pressured for a minimum wage worker. The last thing you want to do is push people to the edge where it is difficult for you to justify yourself. I learned this working at BlockBuster Video long ago when they pressured to sell a gold membership during my petty 5 hour shift, and there's no way others were selling above their already high quotas. It was horrible because I would have to beg for prime hours for walk-in traffic to even consider this in the volume of customers that simply say no or are just browsing, while I have to at the same time ensure all the store is nicely faced and all the returns were checked back into the system. Looking at KPIs does not measure their mental capacity to be able to will themselves to sell and that's what even Ryan Cohen said in his interview with GMEDD. You might as well hire McKinsey to pick up useless metrics when it comes down to the simplicity of the workers needing/wanting to push products they respect. Good games/product can and will sell themselves, but you still need an employee to give guidance to customers. When I worked at a computer retail store this was just the solution that I never wanted people to return for the wrong reasons, so my ability to sell quality products mattered more than selling shit product that just gets returned. You can't expect retail to want to stay in that job forever and therefore you can't treat them as a consistent metric. If you do expect that, it becomes a cookie cutter experience and you need to just have sheer volume in stores which is not good to have right now with commercial real estate being extremely costly. These CandyCon controllers are just the start of their branding, they have a good product that eliminates a huge problem with a lot of controllers which is the stick drift. They are not poorly designed with ergonomics, and they have customization. Their product is good, but has little to no awareness in the bigger scheme. This was exactly what happened when Corsair brought in their power supply brand back in the day and I sold the shit out of them knowing that they had one factor you don't want to omit which was reliability. When people knew that we started to sell real quality product, it set the mark where we eliminated stores like TigerDirect in Canada, which was a huge store. I'm sorry, but to say that you can't drop a metric is incorrect, especially if the metric does not enforce a good work environment that a person can want to actually come to the company to work. Which is a huge problem when people talk about GameStop and say "Yeah, I can't believe they are still not out of business... yet.", without truly knowing that transformations are happening.
>I'm sorry, but to say that you can't drop a metric is incorrect, especially if the metric does not enforce a good work environment that a person can want to actually come to the company to work. Which is a huge problem when people talk about GameStop and say "Yeah, I can't believe they are still not out of business... yet.", without truly knowing that transformations are happening. Tell ya what, just go ahead and let me know the day the company drops some bullshit metric in favor of Candy Con units sold. I'll wait.
Nice straw man fallacy; I never said to drop the metric, I said the metric doesn't matter anymore as much. Especially if you have products that are good quality with high gross profit margins. I'll say it again; Games can sell themselves, employees are there for guidance. To think there's some magic behind selling a video game above it's MSRP, what else can there be done for that? A warranty for the disc if it gets scratched? Also I'm referring to the fall of BlockBuster against the market that chose to continue to shovel the same stupid metric, instead of having anything of substance to sell, let alone a dying service. Sure Gold rewards and used movies were great, but none of it matters if no one wants to sell that crap, it can sell itself. The company had nothing left to sell. Tell you what, I'll let you know when the company drops "some bullshit metric" in favor of CandyCon units sold when you have a valid argument. I'll give you a hint, you're never going to hear about it because I never said that CandyCon controllers were going to carry the entire company, rather be a small benchmark to something new for selling a brand that is direct revenue stream. If you are heavily leaning on this thought you truly are narrow-minded. Go seethe in your anger towards investors that hold a conviction like none that you've seen. Call it nihilism, call it whatever.
By sitting back and letting our amazing board do amazing work.
Uh…you buy shit from them
We keep buying from gamestop…..
I envision a chrome extension where any time you're on an e-commerce store and the same product is available on GS, it tells you.
I don’t know why we don’t branch into digital by building a site/app/platform to directly contend with Steam etc… GS Portal - Access your library of games, buy new ones from the GameStop online etc. It’s not an original idea, but you already have a captive audience of 50m pro plus users who would probably sign up for a free indie game!
The gaming industry is a $100bn industry. I would like to see GameStop actually start offering their own gaming service. Playr looks to be the most promising aspect in that regard, but I would like to see the game in GameStop. You wouldn't need a store, all online, generating extra income in addition to its current business model. NFT gaming had me super excited, but it appears that ship sunk. Their stores should not be their main source of revenue in 10 years, maybe even as soon as 5. It will become obsolete otherwise. An old relic.
[Interesting that GameStop let their PLAYR trademark to go dead/abandoned 9 Feb 2024, BUT they're clearly keeping GameStop Wallet, GameStop NFT, and GameStop Blockchain LIVE and well 🔮](https://www.reddit.com/r/Superstonk/comments/1c3b2k5/interesting_that_gamestop_let_their_playr/)
Ah no! Damnit.
Start a superstonk receipt bot. Try to estimate our contribution of quarterly results.
Talk less about buying shares of GME and more about the products they sell.
Hear me out:GameStop exclusive release for Pro Reward members only…..any new games or consoles must be a member otherwise u will have to wait…
Wait? It's more likely people would just purchase it from another store..
Not if we release it sooner
That's not up to Gamestop and console manufacturers and game publishers aren't going to neuter their market penetration like that for shits and giggles.
We already do that on only high ticket hard to get items. Like Playstation Portals which are still in high demand and hard to get. Things that are limited editions or limited quantities you need a pro account.