da66en wrote:
This is capitalist America, not communist Russia! You can charge any price you want for anything - Capcom can't stop them, Gamestop already paid for the game. There's this thing called supply and demand, I suggest you read about it. Now if Gamestop colluded with other retailers to fix the price, that's a different story. But that's not happening here. The S in MSRP is "SUGGESTED".
Actually that's not entirely true. There are some items, mainly electronics, that a retail company has to agree to sell at the manufacturers intended price. That's why you will see TV's, game system's, etc for pretty much the same price no matter where you find it. A PS4 is going to be $400 everywhere. In regards to games and systems, the manufacturing company has to agree to a price reduction. The reason being is if Walmart, for example, decided to sell the PS4 for $200 in order to get people into their store, then that is the only place that people would buy the PS4 and everyone would then expect to buy one at $200. Thus devaluing Sony's product. That's also why you have started seeing companies like Amazon and Kmart start tacking on giftcards or other free games with the purchase of a "X" new game. The free games have probably gone past the statute of limitations that the company has put on their price.
Frag Mortuus wrote:Actually that's not entirely true. There are some items, mainly electronics, that a retail company has to agree to sell at the manufacturers intended price. That's why you will see TV's, game system's, etc for pretty much the same price no matter where you find it. A PS4 is going to be $400 everywhere. In regards to games and systems, the manufacturing company has to agree to a price reduction. The reason being is if Walmart, for example, decided to sell the PS4 for $200 in order to get people into their store, then that is the only place that people would buy the PS4 and everyone would then expect to buy one at $200. Thus devaluing Sony's product. That's also why you have started seeing companies like Amazon and Kmart start tacking on giftcards or other free games with the purchase of a "X" new game. The free games have probably gone past the statute of limitations that the company has put on their price.
Typically speaking most companies have a Manufacturer Suggested Retail Price and a Minimum Advertisable Price. MSRP is a suggestion that a lot of people shake off and sell for much less than. MAP is usually part of a dealer agreement that states you can not advertise the item for sale under a specific price or the manufacturer cuts you off.
Most companies don't price things over their competitors because they wouldn't sell anything, not because they can't.
Zing wrote:It seems pretty obvious that the currently available copies of Xenoblade are reprints,
It doesn't seem obvious at all.
If presented with actual proof about them being reprints or about shrinkwrap removal, I'll be happy to acquiesce. Neither this YouTube jackass nor anyone in this thread has provided more than hearsay and speculation that this is the case.
Also, consider:
-When GameStop sold reprints before, they were up front about it if/when asked. There was no great veil of secrecy. The reprint company hid nothing, either.
-There's precedent for them selling used games above an original MSRP. Anyone who tried to buy MvC2 in about 2005 or so can probably concur.
-Even if they are new/sealed (and then opened) reprints being sold for high profit margins: so what? They are asking and getting below market price based on eBay auctions, so they are saving customers some money and offering them another chance to buy the game. For this they are demonized?
SpoonyBard wrote:
Typically speaking most companies have a Manufacturer Suggested Retail Price and a Minimum Advertisable Price. MSRP is a suggestion that a lot of people shake off and sell for much less than. MAP is usually part of a dealer agreement that states you can not advertise the item for sale under a specific price or the manufacturer cuts you off.
And this is why you'll see paper ads that say "price so low we can't show you" and Amazon or wherever will have stuff that says "see price after added to cart".
SpoonyBard wrote:
Typically speaking most companies have a Manufacturer Suggested Retail Price and a Minimum Advertisable Price. MSRP is a suggestion that a lot of people shake off and sell for much less than. MAP is usually part of a dealer agreement that states you can not advertise the item for sale under a specific price or the manufacturer cuts you off.
Most companies don't price things over their competitors because they wouldn't sell anything, not because they can't.
This is what I was getting at, but couldn't think of the term:
Resale price maintenance (RPM) is the practice whereby a manufacturer and its distributors agree that the distributors will sell the manufacturer's product at certain prices (resale price maintenance), at or above a price floor (minimum resale price maintenance) or at or below a price ceiling (maximum resale price maintenance). If a reseller refuses to maintain prices, either openly or covertly (see grey market), the manufacturer may stop doing business with it.[1]
Resale price maintenance prevents resellers from competing too fiercely on price, especially with regard to fungible goods. Otherwise, resellers worry it could drive down profits for themselves as well as for the manufacturer. Some argue that the manufacturer may do this because it wishes to keep resellers profitable, thus keeping the manufacturer profitable. Others contend that minimum resale price maintenance, for instance, overcomes a failure in the market for distributional services by ensuring that distributors who invest in promoting the manufacturer's product are able to recoup the additional costs of such promotion in the price that they charge consumers. Some manufacturers also defend resale price maintenance by saying it ensures fair returns, both for manufacturer and reseller and that governments do not have the right to interfere with freedom to make contracts without very good reason. Governments can sometimes be seen as upholding price controls as in the case of CD WOW!. When a Minimum Resale Price is set on a product, it is easy for consumers to find that product's lowest price. That makes shopping much easier. Two non-competing sellers of any offer (not just a manufacturer's product) can set a Minimum Resale Price on it.
Not all regions allow this. However, the US is one region that allows. Most electronics companies put a Minimum Resale Price Maintenance agreement on their products, but not a maximum. Like you said, retailers aren't going to sell higher than their competitor, but with the MRPM, they can't sell it for lower either.
SpoonyBard wrote:
Typically speaking most companies have a Manufacturer Suggested Retail Price and a Minimum Advertisable Price. MSRP is a suggestion that a lot of people shake off and sell for much less than. MAP is usually part of a dealer agreement that states you can not advertise the item for sale under a specific price or the manufacturer cuts you off.
Most companies don't price things over their competitors because they wouldn't sell anything, not because they can't.
This is what I was getting at, but couldn't think of the term:
Resale price maintenance (RPM) is the practice whereby a manufacturer and its distributors agree that the distributors will sell the manufacturer's product at certain prices (resale price maintenance), at or above a price floor (minimum resale price maintenance) or at or below a price ceiling (maximum resale price maintenance). If a reseller refuses to maintain prices, either openly or covertly (see grey market), the manufacturer may stop doing business with it.[1]
Resale price maintenance prevents resellers from competing too fiercely on price, especially with regard to fungible goods. Otherwise, resellers worry it could drive down profits for themselves as well as for the manufacturer. Some argue that the manufacturer may do this because it wishes to keep resellers profitable, thus keeping the manufacturer profitable. Others contend that minimum resale price maintenance, for instance, overcomes a failure in the market for distributional services by ensuring that distributors who invest in promoting the manufacturer's product are able to recoup the additional costs of such promotion in the price that they charge consumers. Some manufacturers also defend resale price maintenance by saying it ensures fair returns, both for manufacturer and reseller and that governments do not have the right to interfere with freedom to make contracts without very good reason. Governments can sometimes be seen as upholding price controls as in the case of CD WOW!. When a Minimum Resale Price is set on a product, it is easy for consumers to find that product's lowest price. That makes shopping much easier. Two non-competing sellers of any offer (not just a manufacturer's product) can set a Minimum Resale Price on it.
Not all regions allow this. However, the US is one region that allows. Most electronics companies put a Minimum Resale Price Maintenance agreement on their products, but not a maximum. Like you said, retailers aren't going to sell higher than their competitor, but with the MRPM, they can't sell it for lower either.
See I knew there was some type of law or something of that nature about the prices. That's probably why my friend told me that they removed the new shrink wrap from these two games and placed used labels and marked them up to 90.00 or 80.00 a piece. Because gamesstop can do that to used game prices. Look at the Nintendo selects for the wii. Pikmin 2 goes for new at 19.99. But the used price at gamestop is 24.99 and all the stores in my area don't have pikmin 2 new anymore. The have used copies though.