What is so complicated about supply and demand?
Hey if you want to bullshit me and dress up basic (VERY FUCKING BASIC) business concepts and make them into something bigger than they are, fine. But you must understand, I make a good deal of my extra cash from the buying and selling of second hand goods, and for you to come in here and try to make a big deal out of this shit that is like nothing to me, is well, like putting a Pig in a $200 dress.Originally Posted by James
Everyone in this thread most likely has real life experence in the selling of used goods. You're just making yourself look like a dickhead by making it into something more complicated than it is.
What is so complicated about supply and demand?
Actually, at alot of stores, I can just return the game as defective and get a brand new copy, provided I still have the receipt.Originally Posted by The_Meach
And also, at EVERY eb and gamestop here, none of them will take any sort of returns even if you are nice, on used games. Let's say I bought Driv3r used, and it sucked, oh well, i'm stuck with it. I try to return it to EB, and they say too bad.
Don't use special occurances at your store to rationalize for everyone.
R.I.P Kao Megura (1979-2004)
nothing, I have no idea why TNL is getting little books about it.Originally Posted by diffusionx
Supply and demand = getting the max amount of money that people will pay.
Or even easier.
Supply and demand = greed
The end.
Now, if we wanted to make this shit complicated, we'd break out the calc and figure out just how shitty/cheep we can make every part of the product, how few people we can get to make it, how stupid those people can be, and just how many people it can kill, before you, the consumer won't buy it.
IronPlant, your ignorance is bringing you down. TNL is explaining a very simple concept that too many ignorant people (like you) do not seem to understand influences the prices of everything you will ever buy or sell in your entire life. It influences every salary you will ever earn in your entire life. Living in a capitalistic, economic society, its probably the most important concept you will ever know.
Whether or not you like it, whether or not you feel inferior because you havent learned about it, I dont care, but thats how it is. Anyone who complains about a used game costing $45 should STFU and go buy it somewhere else.
In other words, I see a lot of complaints on TNL about how, "why is this shit so expensive? Why does this cost that? Why blah blah is it so much money?". "why are games getting so cheap so fast? omg collapse!". It amazes me that people spend so much time whining and so little time trying to figure out why when the real reason is three simple words: supply and demand.
Become an economist, and you can make six figures working these numbers out.Now, if we wanted to make this shit complicated, we'd break out the calc and figure out just how shitty/cheep we can make every part of the product, how few people we can get to make it, how stupid those people can be, and just how many people it can kill, before you, the consumer won't buy it.
Last edited by diffusionx; 19 Jul 2004 at 06:43 PM.
My local Eb is ran by dirty bastards.Originally Posted by Roufuss
"Hey whats he deal with this SWG box, is it used"
"Naw, some guy dropped it. The game is still good though"
*shows me clean game disk, good manuals, ect.*
"Um do you have any other copies."
"nope, last one."
"Hmm, so you KNOW, its new, right?"
"yeah"
"ok"
*pay man, go home*
*load up game happily*
"put in account name"
"? um ok"
"put in account name"
"I just did, bitch"
"put in account name"
">_< GOD DAMN LYING BASTARD, THIS IS USED!!!!"
Dude, you, your arrogance, and your ego can get together and have a nice little party smoking my cock.Originally Posted by diffusionx
1. There is no reason to whip out a long explanation of what supply and demand is on TNL. Everyone knows what it is. Going it such detail makes the poster look egotistical and pompous.
2. Supply and demand has very little to do with why used games are 5 bucks less. Supply and demand is typically used to describe tactics used to control a market and keep it stable. Like say, with Gas, if there is a shortage. Company's up the price so people will buy less which insures that the people who need gas, will have it when the time comes to use it. Video games are hardly a life necessity. They are not food, gas, wood, metal, or any other thing required for society to keep moving on. With games it isn't an issue of keeping the market stable and in doing so keeping your business alive and doing a service for your customers. It is simply greed. They up the price to the max that you will pay to get the max profit for themselves.
3. Supply and demand is not the only concept in business. There are other important things like creating customer loyalty or better yet, competition. If your game store sells used games cheaper, more people will come to your store. Not only do you win in competing against other businesses, you create positive feelings between you and your customer. In their eyes, you gave them a deal, and they are going to come back for more deals.
4. Supply and demand isn't a law. Its not like "OMG EB is FORCED to sell their used games 5 bucks less, the evil government is making them do it" There is no set mandate for what one should charge for a used title. Its up to each company. Spouting S and D is just a cop out, gamestores get to chose what they charge. They aren't protecting anyone by charging a shit load of money for a game so it stays on the shelves longer rather than if they charged a bit less. They can choose to have a lower price to beat out their competitors, or to charge less so you view their company more positively, both helping to ensure you shop their more through out the year. But they don't, they choose to charge the most they can now. You should just STFU if you don't like the fact that some people don't like that where they buy games, makes that choice out of all those options.
Oh and another news flash, I don’t bitch and then go ahead and buy the game used for 5 bucks cheaper. I wait, and I look, and I don’t buy it until I see it for a price I want to pay. You can excuse me if I don’t care for having something I’ve understood sense I was 12 explained to me again and again.
Last edited by Fe 26; 19 Jul 2004 at 07:17 PM.
All we've been saying for the past several pages is that there's a large number of people out there whose price they are willing to pay (as opposed to want to pay) is $5 less than full. Your method of buying is my method of buying, and I'm pretty sure the method of buying of everyone in this thread. It's just that what we're willing to pay seems a bit off from what you're willing to.Oh and another news flash, I don’t bitch and then go ahead and buy the game used for 5 bucks cheaper. I wait, and I look, and I don’t buy it until I see it for a price I want to pay.
Personally, I'll buy new every time unless the game is hard to find or if I'm just snagging it out of curiosity, like I did with P.N.03. $20 new vs $17 used, and I honestly didn't really care about the game that much except people kept saying how good it was. It turns out they were right but at the time I just didn't care enough to spend the extra $3. With something like, say, Tales of Symphonia (assuming I could find it used, of course) that $5 savings just doesn't cut it.
James
If idiots would stop bitching about games being $5 less, or games dropping in price after 2 weeks, or whatever, then less people would explain it.Originally Posted by IronPlant
Nope. The demand for gas is inelastic, in that raising the price will not have much of an effect on demand, at least in the short term (the short term being, with regards to gas, at least 4 or 5 years, the time it takes for people to replace their cars). Same with food, gas, metal, or wood. Things that have no necessity, like video games, are more elastic, and thusly, more subject to the laws of supply and demand. Raising the price of video games will immediately have an effect on demand.2. Supply and demand has very little to do with why used games are 5 bucks less. Supply and demand is typically used to describe a tactics used to control a market and keep it stable. Like say, with Gas, if there is a shortage. Company's up the price so people will buy less which insures that the people who need gas, will have it when the time comes to use it.
Companies will always want to find the supply/demand equilibrium point, the point where the supply graph intersects with the demand graph. Any coincidence that both EB and GameStop charge, generally speaking, 10% less for their used games than their new games ($45, $37, $27, $18)? I guess they found that equlibrium point, slugger.
It's as much a law in economics as F=mg is in Physics (and yes I realize the limitations of that).4. Supply and demand isn't a law.
They charge based on what people are willing to pay. What the demand is. When they fuck this up, they end up with tons of games that nobody wants to buy at regular price. What the fuck do you think happened with this Circuit City sale? Doh!Spouting S and D is just a cop out, gamestores get to chose what they charge.
In the past, it was say, $39.99 for a used game like Ninja Gaiden instead of $44.99. But then perhaps demand was too high, so all the new games got gobbled up right when they were traded in. So the companies (correctly) raised the price. If anything, that keeps the market stable. OMG!They can choose to have a lower price to beat out their competitors, or to charge less so you view their company more positively, both helping to ensure you shop their more through out the year. But they don't, they choose to charge the most they can now.
Now, if nobody was buying the games at that price, then they would go down. But the fact that they haven't (yet) should probably tell you a lot.
Don't take this the wrong way but...Originally Posted by IronPlant
You bought an open box MMO?
Doesn't excuse their lying but geez, man.
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