Zynga Profits Take a Beating
- Thread starter Logan Westbrook
- Start date
It's worth 14.050 million bucks, but made just 1.3 million as a profit?
What the heck is wrong with the economy these days? :O
What the heck is wrong with the economy these days? :O
I used to play some of their games and stopped earlier this year as a part of a New Year's revolution. And then I gave up all Facebook games period. You know why? Because they were pointless, boring, and very repetative, and I hated bothering my friends for stuff. So, I figured it was time I stopped with that.
I feel for them because this age is hard on everyone, but at the same time, I don't care.
I feel for them because this age is hard on everyone, but at the same time, I don't care.
I wish I could say I care, but I don't. They went in making crappy, money grabbing games and now they're paying the price. They won't go out of business, they're still going to have idiot customers buying a virtual shed for $50 instead of fetching their drowning baby from the bath tub. They've taken a knock to profits but they're still making profits, it's when they don't even break even that I'll care about people and their jobs.Jonny49 said:
My advice to them would be to change their entire direction and start making more than simple farming games. It would be an interesting change, you can't deny that.
Well its good to know they're not exploding as a company as much as they used to. Maybe in the coming months they'll start to decline. You can only exploit human psychology for so long before people get bored/tired of it and move on.
So have these guys made any actual games or have they just kept stealing real games, removing their titles, and renaming them to x-ville?
That's good news. I don't necessarily have anything against Zynga, I don't like their games, but I always found it very odd that they're so damn big. They deserved to be taken down a notch to allow some competition, and that's what's happened here. Good news.
I started playing Farmville due to an aunt requesting help since she's the furthest thing from a gamer. I think a lot of the reason they aren't doing as well is the reasons their users complain about all over their site.
"We used to be able to get new released items and animals for coins (in-game currency) but now we have to pay farm cash for everything (real money to buy points)!"
Many of the players are saying that they quit or are quitting due to the fun level decreasing severely since their excessive coin hoard can't buy them anything and they need to shell out real money for any new things, and at least the American players are seriously not financially healthy enough to do that- and its my personal opinion that begging for excessive real money from CASUAL GAMERS is not an effective business strategy if implemented 'wrong'.
"We used to be able to get new released items and animals for coins (in-game currency) but now we have to pay farm cash for everything (real money to buy points)!"
Many of the players are saying that they quit or are quitting due to the fun level decreasing severely since their excessive coin hoard can't buy them anything and they need to shell out real money for any new things, and at least the American players are seriously not financially healthy enough to do that- and its my personal opinion that begging for excessive real money from CASUAL GAMERS is not an effective business strategy if implemented 'wrong'.
You do know it's the lower downs that are losing jobs and not the CEOs that chose to make crappy cut and paste games. The people losing their jobs are coders and artists that took any job they could get in a competitive field they're no more evil and deserve a job no less then the workers at a retail outlet.The Unworthy Gentleman said:
These particular ones, probably. But I suspect the genre, if it can be considered that, is here to stay. However I think we'll see phone games with a more arcade spin to them become more prominent, while these sim-lite titles become less popular.DTWolfwood said:
Does this mean my friends on facebook will stop asking me to send then recipes or pets or animals or shoes or whatever on my facebook page due to those games?
Most likely not.
Tell me when that happens.
Most likely not.
Tell me when that happens.
I guess you haven't been paying attention to Wall Street though. Profits are down, so they're going to cut expenses. The single largest expense is payroll.The Unworthy Gentleman said:
Nevermind that they can claim payroll as a tax write off(before worth, unlike individuals), they're still the first to go.
