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Gamestop allegedy hoarding PS5's and other consoles for black friday.

*Nightwing

Member
They do this to manage stock holder expectations.

If they have good sales cause they received all thier units way before Christmas but none during Christmas, the heavy sales before but not during the traditionally heavy sales weeks in December will be seen as failing the important weeks before Christmas and stockholder’s will call them out as failing during the designated holiday sales dates. They hold onto it until Black Friday so the sales appear in the days they measure specifically over previous years then they will trigger thier bonus clauses for maintaining or going above thier sales expectations on these specific sales dates like Black Friday and the 2 weeks before Christmas.

welcome to corporate America
 
I don't actually know if this is clickbait or not, but just in case I tagged it as such. Does anyone know more about this than this article?
If this is true, why not just go ahead and sell them? They will be sold either way, right? Seems kinda dirty in a way I am not sure how to explain.

Dirty? Just because they want to have more traffic in their store at a period that is known that many people buy different products?
Stop being entitled for everything.. it's their stock they do what they want with it.
 

Dr Bass

Member
They do this to manage stock holder expectations.

If they have good sales cause they received all thier units way before Christmas but none during Christmas, the heavy sales before but not during the traditionally heavy sales weeks in December will be seen as failing the important weeks before Christmas and stockholder’s will call them out as failing during the designated holiday sales dates. They hold onto it until Black Friday so the sales appear in the days they measure specifically over previous years then they will trigger thier bonus clauses for maintaining or going above thier sales expectations on these specific sales dates like Black Friday and the 2 weeks before Christmas.

welcome to corporate America
Uh ... or they would prefer to be able to satisfy more of their customers during the busiest shopping period of the year.
 

JaksGhost

Member
Well in that case I am fine with it then. Anything that takes the piss out of a scalper is good in my book. My confusion came from the money they could make now and also the fact that people are still desperate for these new consoles.
By bundling software and extra accessories they can make even more money off of that lone console sale due to that desperation.
 

JaksGhost

Member
I suppose it would be nice to buy one that has two extra controllers, a stand and extra charge cables. Also include a game or two of our choice as well.
Just know they aren't doing it as a favor to the consumer, it's to pad their profits with stuff people otherwise probably would've walked out on. This is why Gamestop is always doing bundles. Also if it's a game that somebody doesn't like it will more than likely end up right back at Gamestop to be sold again at a higher price point. It's all a cycle.
 
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Kuranghi

Member
I'm definitely going to buy a few PS5 if they pop up on Black Friday, I can pretty much guarantee the staff will keep the stock aside for me by telling them I will take all the addon bullshit with each individual console:

5ttvxj.jpg
 
So what your saying is, there is a chance I might get one. Just need a tent and some propane tanks. Maybe a few cans of food and a bucket for natures call.
 

Barakov

Member
I don't actually know if this is clickbait or not, but just in case I tagged it as such. Does anyone know more about this than this article?
If this is true, why not just go ahead and sell them? They will be sold either way, right? Seems kinda dirty in a way I am not sure how to explain.

Of course they are. Fuckers.
 

Duchess

Member
I honestly think that all of the retailers are preparing to drop PS5s on Black Friday and just before Christmas: Gamespot, Walmart, Amazon, Argos, Currys, GAME, etc., etc.

They'll be selling them in bundles, though - an extra controller, a game, and all the rest, so you'll need to find an extra £100.
 

Miyazaki’s Slave

Gold Member
The latest retail "hubub" (or whatever you call it) from several specialty shops (like BestBuy, GameStop...even Target) they will not have these items in store for the holidays. They are handling all sales through their online store fronts.

I have seen this signage myself in a local target...but haven't seen any official statements on their websites yet.

BestBuy will likely place their packages behind their Total Tech Membership which (as a platinum elite member who would never need their technical support) is a bummer.
 

TLZ

Banned
Well obviously. But people are going to kill each other over this. People go weird on black Friday anyway. This'll be a massacre.
 
Kinda makes sense.

Before this month they had a bundle drop per console each month. Been nothing so far this month, so I believe this story.

I have 800$ in GS credit, so prepared to pay bundle price for a Series X.

I just refuse to stand in line for one, which as soon as that news goes out that they will have "50" in store. People will line up immediately, days before I'm guessing.
 

ByWatterson

Member
I actually don't have a problem with this. They need it for revenue, they'll be sold at cost, and lots if kids will get a PS5 for Christmas.

Win-win.
 

Lone Wolf

Member
They’ll likely bundle it with a bunch of dumb stuff people dont want. Gamestop is notorious for this.
When I bought the PS5 DE from Gamestop, it came with the media remote, a $100 PS card, a year of PS+ card, and a $50 GameStop card. So it was all useful. I used the GameStop card to buy an Xbox gift card. It’s the disc version that forces physical games on you that you probably don’t want.
 

Impotaku

Member
Well obviously. But people are going to kill each other over this. People go weird on black Friday anyway. This'll be a massacre.
Well squid game is popular right now so everyone can have their little taste by participating in the black friday consumer purge. Fight for a console like your life depended on it to save $50 woooo
 

saintjules

Member
Article is based on a random twitter user. Grain of salt of course, but he's going by an Employee saying information that's not 100%.




Anyone can say x, y, z for their respective location. Doesn't mean it will apply everywhere. It does make sense to horde the Consoles as there's a higher percentage more will cave in on bundles. You just have to wait for official announcements done by the stores in your region to know what your actual chances are.
 
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