GameStop Releases Xenoblade Chronicles Stock, Increases Price

StewShearerOld

Geekdad News Writer
Jan 5, 2013
5,449
0
0
GameStop Releases Xenoblade Chronicles Stock, Increases Price



GameStop wants $89.99 for for rare used copies of Xenoblade Chronicles.

While many might knock the used games bin (not without reason), it serves as the gatekeeper to the rare joy of discovering an unexpected gem. Take Xenoblade Chronicles, for instance. One of the best regarded titles on the Wii, it's also one of the rarest thanks to its extremely limited distribution. Sure, you can always buy a copy online, but doing so is going to <a href=http://www.amazon.com/XenoBlade-Chronicles-RP-Nintendo-Wii/dp/B007RNWUC4/ref=sr_1_1?s=videogames&ie=UTF8&qid=1376469070&sr=1-1&keywords=xenoblade+chronicles>set you back quite a bit. If you happened to find a copy, you might as well consider it Christmas because Santa Clause himself won't be able bring you a better gift.

It's recently been revealed however, that GameStop, apparently having an unsold used stock of the title, has been putting Xenoblade Chronicles back onto shelves. The unexpected resurgence of a rare game is, generally, a good development. That said, GameStop, apparently catching wind of the fact that gamers will pay a lot for it, has decided to get in on the gouging, raising prices on the title <a href=http://www.gamestop.com/wii/games/xenoblade-chronicles-gamestop-exclusive/98535>to $89.99. When asked to comment on the increase, GameStop stated that the price was "based on current market value."

What makes this price sting for some is the fact that Xenoblade Chronicles was sold exclusively through GameStop and Nintendo's online store. Once Nintendo ran out, GameStop was literally the only place in town that was going to have a copy. In other words, GameStop had a lot of power to influence the market for this particular title. Hanging onto these copies, a move that arguably may have driven up the "current market value", smacks suspiciously of the retailer waiting for prices to rise so it could then sell them off its supply at a premium.

Making this even more suspicious is anecdotal evidence from purchasers that suggests many of these "used" copies are, in fact, new. Some customers, having bought a used copy, have reported that the game's Club Nintendo codes are still fresh. This isn't, by any means, conclusive evidence, but <a href=http://www.neogaf.com/forum/showthread.php?t=648963>some believe that GameStop may have simply been holding onto a stock of new copies that it then reprinted as used so it could raise prices. At the end of the day, of course, GameStop is a business and can do what it pleases with its product. That said, actions like these probably aren't going to do much to win over consumers who, by and large, are <a href=http://www.gamesindustry.biz/articles/2013-03-29-digital-game-sales-growing-33-percent>becoming more inclined to purchase games digitally.

Source: <a href=http://kotaku.com/gamestop-90-xenoblade-is-based-on-current-market-val-1123377091>Kotaku



Permalink
 

Omegatronacles

Guardian Of Forever
Oct 15, 2009
731
0
0
Wait, it is an uncommon thing in the US for rare used games to be worth far more than retail?

That's a common practice here in Australia.
 

KoudelkaMorgan

New member
Jul 31, 2009
1,365
0
0
I don't for a moment believe that GS did anything OTHER than hoard a share of the stock, creating inflated scarcity by virtue of their shameless monopoly on the title, for the express purpose of gouging people on it precisely like they are doing.

They would be implausibly hard pressed to produce ANY shred of credible evidence to the contrary, and even if this is all legit they are still dicks.

Because Gamestop.

They are the only corporate entity that I wish were anthropomorphized just so I could spit in their face. I mean there are others guilty of truly evil things that I'd probably want to do worse to, but thats neither here nor there.
 

Arqus_Zed

New member
Aug 12, 2009
1,181
0
0
I'm experiencing a malevolent sort of joy right now.

For years on end, the US market has been getting ALL the advantages: earlier releases, special compilation releases and games that never got outside of Japan and the US (Tales of ..., Metal Saga, Suikoden III, Radiata Stories, Grandia III, Devil Summoner 2, Xenosaga I & III, Arc the Lad: End of Darknes, etc.). But then the whole Operation Rainfall thing happened. We European folks finally had a stroke of luck in that Xenoblade Chronicles, The Last Story and Pandora's Tower had their European release dates confirmed at a time when they weren't even sure the games would get an American release at all. And I just sat there and watched with glee how this one trinity of titles drove a whole group of people mad, starting up a petition and calling the whole damn thing an "Operation". Christ, you guys aren't used to not getting want you want, are you?

And then this happens.

Now, I can't help but sitting here with a grin on my face, whispering: "Justice".
(Even though I realize it has very little to do with any form of justice.)
 

-Dragmire-

King over my mind
Mar 29, 2011
2,821
0
0
Minus the potential shadiness of holding new copies back, game retailers have always driven up the prices of items they know are rare. I was at a shop recently that was selling Lunar: Silver Star Story for $299. Squaresoft games are always priced high as well.
 

piinyouri

New member
Mar 18, 2012
2,708
0
0
Omegatronacles said:
Wait, it is an uncommon thing in the US for rare used games to be worth far more than retail?

That's a common practice here in Australia.
No it's not.
I could probably go get Thief Deadly Shadows, Makai Kingdoms and Final Fantasy X-2 all used for less than the price of a new $60 dollar game.

90 bucks is crazy. So very glad I was never interested in this game.
 

Quellist

Migratory coconut
Oct 7, 2010
1,443
0
0
Arqus_Zed said:
I'm experiencing a malevolent sort of joy right now.

For years on end, the US market has been getting ALL the advantages: earlier releases, special compilation releases and games that never got outside of Japan and the US (Tales of ..., Metal Saga, Suikoden III, Radiata Stories, Grandia III, Devil Summoner 2, Xenosaga I & III, Arc the Lad: End of Darknes, etc.). But then the whole Operation Rainfall thing happened. We European folks finally had a stroke of luck in that Xenoblade Chronicles, The Last Story and Pandora's Tower had their European release dates confirmed at a time when they weren't even sure the games would get an American release at all. And I just sat there and watched with glee how this one trinity of titles drove a whole group of people mad, starting up a petition and calling the whole damn thing an "Operation". Christ, you guys aren't used to not getting want you want, are you?

And then this happens.

Now, I can't help but sitting here with a grin on my face, whispering: "Justice".
(Even though I realize it has very little to do with any form of justice.)
Thats a pretty nasty attitude and i'm british myself and got all games new at a reasonable price so its not sour grapes on my part.

As if all the bloody ebay resellers offering 'New, sealed' copies of the game at a disgusting markup arnt bad enough, when retailers get in on the game the people who suffer are the actual gamers.
 

Lieju

New member
Jan 4, 2009
3,044
0
0
StewShearer said:
GameStop may have simply been holding onto a stock of new copies that it then reprinted as used so it could raise prices.
Couldn't they have done that anyway, when selling as new? Or is there some contract that sets the prize for them for new copies?
 

V8 Ninja

New member
May 15, 2010
1,903
0
0
Well, that's comforting; Gamestop has a semi-monopoly control over a product and is taking advantage of that. I'm sure this is a one-time occurrence though, nothing to fear.

No, really; this is a very shady business move and I'm very much against ever using a Gamestop ever again.
 

Zeckt

New member
Nov 10, 2010
1,085
0
0
piinyouri said:
Omegatronacles said:
Wait, it is an uncommon thing in the US for rare used games to be worth far more than retail?

That's a common practice here in Australia.
No it's not.
I could probably go get Thief Deadly Shadows, Makai Kingdoms and Final Fantasy X-2 all used for less than the price of a new $60 dollar game.

90 bucks is crazy. So very glad I was never interested in this game.
Too bad then, because the game was flipping AMAZING. Xenoblade was a diamond in a pile of rocks. I'll be blunt, if you are someone who likes obscure enough games to play Makai Kingdom I find myself VERY surprised you are not interested in Xenoblade.
 

Colt47

New member
Oct 31, 2012
1,065
0
0
Zeckt said:
piinyouri said:
Omegatronacles said:
Wait, it is an uncommon thing in the US for rare used games to be worth far more than retail?

That's a common practice here in Australia.
No it's not.
I could probably go get Thief Deadly Shadows, Makai Kingdoms and Final Fantasy X-2 all used for less than the price of a new $60 dollar game.

90 bucks is crazy. So very glad I was never interested in this game.
Too bad then, because the game was flipping AMAZING. Xenoblade was a diamond in a pile of rocks. I'll be blunt, if you are someone who likes obscure enough games to play Makai Kingdom I find myself VERY surprised you are not interested in Xenoblade.
Unfortunately, for a lot of us the interest dies with the price tag. =(
 

shirkbot

New member
Apr 15, 2013
433
0
0
Zeckt said:
piinyouri said:
Omegatronacles said:
Wait, it is an uncommon thing in the US for rare used games to be worth far more than retail?

That's a common practice here in Australia.
No it's not.
I could probably go get Thief Deadly Shadows, Makai Kingdoms and Final Fantasy X-2 all used for less than the price of a new $60 dollar game.

90 bucks is crazy. So very glad I was never interested in this game.
Too bad then, because the game was flipping AMAZING. Xenoblade was a diamond in a pile of rocks. I'll be blunt, if you are someone who likes obscure enough games to play Makai Kingdom I find myself VERY surprised you are not interested in Xenoblade.
Interest in something has nothing to do with it's level of obscurity, unless you're a hipster stereotype.

OT: While it's nothing new to find used copies of rare games at higher prices, $90 is ridiculous and the fact that Gamestop did hold a monopoly for a while makes the entire affair look rather shifty.
 

Zeckt

New member
Nov 10, 2010
1,085
0
0
I guess that's fair enough. I'm really glad I pre-ordered Xenoblade and The Last Story. I hardly ever play games twice, but xenoblade was an acception.
 

ScrabbitRabbit

Elite Member
Mar 27, 2012
1,545
0
41
Gender
Female
Luckily, it's still only about £35.00-£50 in the UK. That's ranging from slightly lower than average console game price to slightly higher.

I don't think the distribution was quite as limited here, though. Didn't it get an EU release first? S'rare for a JRPG.
 

RikuoAmero

New member
Jan 27, 2010
283
0
0
"GameStop may have simply been holding onto a stock of new copies that it then reprinted as used so it could raise prices."

Isn't that illegal, displaying a condition of an item you're selling that is actually false, or am I reading the article wrong - that Gamestop bought copies of this game new but hoarded its stock until today, realising it could make a killing.
 

piinyouri

New member
Mar 18, 2012
2,708
0
0
Zeckt said:
piinyouri said:
Omegatronacles said:
Wait, it is an uncommon thing in the US for rare used games to be worth far more than retail?

That's a common practice here in Australia.
No it's not.
I could probably go get Thief Deadly Shadows, Makai Kingdoms and Final Fantasy X-2 all used for less than the price of a new $60 dollar game.

90 bucks is crazy. So very glad I was never interested in this game.
Too bad then, because the game was flipping AMAZING. Xenoblade was a diamond in a pile of rocks. I'll be blunt, if you are someone who likes obscure enough games to play Makai Kingdom I find myself VERY surprised you are not interested in Xenoblade.
I don't own whichever Wii it released on and I heard things about the battle system which didn't excite me particularly.
 

Omegatronacles

Guardian Of Forever
Oct 15, 2009
731
0
0
piinyouri said:
Omegatronacles said:
Wait, it is an uncommon thing in the US for rare used games to be worth far more than retail?

That's a common practice here in Australia.
No it's not.
I could probably go get Thief Deadly Shadows, Makai Kingdoms and Final Fantasy X-2 all used for less than the price of a new $60 dollar game.

90 bucks is crazy. So very glad I was never interested in this game.
Given that I've never considered either Deadly Shadows or X-2 to be rare games, since one had a platinum reprint and the others is still for sale, I'm not sure I can concede the point.

Although I've never heard of Makai Kingdoms before now, so there's that.
 

Quellist

Migratory coconut
Oct 7, 2010
1,443
0
0
I really really hope this inspires Nintendo to rerelease this at a bargain price, preventing Gamestop from profiting from what is at best shady practice and at worst possibly Illegal.