118
rate

Consumers Still Hesitating When it Comes to $59.99 'Next-Gen' Pricing

September 10, 2008 in Industry News comments 12

Most current gen console games cost about $60, and that seems a lot for a game. Gamedaily did a survey on how people feel about the game prices, and it shows that consumers are still pretty hesitant about paying $60 for video games. 43% said that they would wait until the game prices go down, or get the used copies instead.

New consoles cost more. New games cost more. The gaming world is definitely expensive, but how is that affecting consumer behavior?
Twisted via gamedaily.com »
Favourite this article Add source
| More
Report!
News story attached to:
Additional sources:
Images about this story:

Comments

Register as a member to subscribe comments.
  • 0
    tidus04 Sep 10, 08
    For me it is if I don't play it or I have completed it then I will stick it up for a playtrade asap so I can get us much back as I can but I don't mind paying the price as long as it is worth it.
  • 0
    tallteen86 Sep 11, 08
    Yeah, only games I pre-order would I pay the full (usually CE/LE editions, so even more than the price of the basic game) price....

    I don't buy that many games anyhow. If games were a fair bit cheaper, I'd buy more....

    Well, in a few years, games would be noticably cheaper than they are now, I think. The base price of games would probably have dropped by $10 for every new game, by then. When the PS4 and X-Box 720 (or whatever they'll be calling it) comes out, prices would drop even futher still....

    Hopefully >_>
  • 1
    HBK619 Sep 11, 08
    Cry a river.
    Games can cost up to $120 in Australia, and with the current high value of the Australian dollar, that's about $110 American dollars. So next time people want to complain about games being a MASSIVE $60, spare some thought for the people paying double that.
    • 0
      Krunal Sep 12, 08
      We pay almost $80-$90 for our game (here in the UK), it's all dependant on where you live and how much people earn.

      I had a VERY LONG conversation about the economics of where you live and prices the other day with an admin whom I cannot name for privacy reasons... and basically the point made was, if you live in a country where you get paid more than that of another country, then saying that the prices for which you buy games are higher and complaining about it doesn't work because at the end of the day, you are getting a higher pay to offset it.

      Though with that said, I've never worked in Australia, so I can't be sure as to how much people there earn, but with higher prices, i'd GENERALLY assume that you'd earn more. If not... then I take it back... you guys really are screwed
  • 0
    Cloudstrife87 Sep 11, 08
    What HBK said, I'd love for games to be the equivalent of $60 over here, but they rarely are, certainly to the good ones. I do have a way of getting round it though, by typing 29.99 and the game title into google, thus its almost impossible not to find a game at a good price. Either that or i get it imported from the states or Canada.
  • 0
    iLLmatic Sep 11, 08
    No hesitation here at all.
    • 0
      Karis* Sep 13, 08
      Same here, but I never have enough money to get a new game.
  • 1
    SadXuHuang Sep 11, 08
    I'm still playing PS2. My strategy is to be 3 years behind the curve at all times so I get premium content at bargain prices. For instance, superior games like Resident Evil 4, Odin Sphere, and Okami are cheap and semi-readily available.

    I feel the same way about current gen. I'll wait it out for prices to drop
    • 1
      iLLmatic Sep 12, 08
      If your reasoning was that you just don't have the money, then that would be fine, but you blatantly just said you're cheap.
      • 1
        Krunal Sep 12, 08
        Is there anything wrong with being cheap? Your comment makes it seem as though there is...
      • 0
        Livewire_19 Sep 12, 08
        iLLmatic how so? I didn't see him say that anywhere in his comment. Not everyone has an overabundance of money to spend on luxury items like new video games. Most people have to spend their extra paycheck money that they use to have, on necessities like gas and food.
        I personally like waiting several months so that I can get games for $30-$40 USD. If you're patient you can get great recent games for half price.
        So far I've never had to pay $60 for a game that I've wanted, Fable 2 will be the first $60 game that I'll buy.
  • 0
    Krunal Sep 12, 08
    I'd be hesitant to buy games for £40 yet, if it's a game I want I still do. I'd rather they lower prices, and if someone was to ask me "Do you think games cost too much" my answer would be yes, but it still wouldn't stop me buying as many games as I have this past year.

    As a statistician I can officially say the results of the survey were extremely biased to the fact that most gamers would want a price drop and so would always say they were "hesitant" even if they weren't.

This news story is archived and is closed to comments now.