Author Topic: I predict a Wii price drop will come after the holidays  (Read 21352 times)

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Offline Chozo Ghost

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I predict a Wii price drop will come after the holidays
« on: November 23, 2008, 01:58:01 AM »
Anyone else agree with my prediction? The Wii is over 2 years old now, and all through that time its price tag of $249.99 has not changed, even though the PS3 and 360 have seen massive cuts over the same period. This is an amazing accomplishment for Nintendo, who had major problems getting the GC to sell, and had to cut its price early and repeatedly. But it also made sense for Nintendo not to drop the price, because of the unheard of prolonged shortage that was in effect and is only now coming to an end.

I checked on Amazon a few weeks ago, and for the first time ever I was able to see Wiis in stock and available for sale from Amazon rather than from scalpers at an inflated price. We are also beginning to see Wiis staying on store shelves more often, so I think it is safe to say that the shortage is finally at an end. And so now that the shortage is at last out of the way, Nintendo can now begin considering dropping the price.

I predict they won't drop the price until after the Holidays, because demand is naturally going to be very high this time of year, and the shortage may rear its ugly head again for the next two months, but after that things are going to settle down again and most people who were willing to spend $249 for a Wii will probably already have done so at that point, so I predict sometime between mid-January and March Nintendo is probably going to cut the price of the Wii down to (hopefully) $199, and they might also consider new colors for the console, or even bundling more stuff with it in order to boost sales.

I also think at some point they are going to come up with a revision to the Wii hardware, and I predict this "Wiivision" will have a beefed up internal memory, because people like to bitch about that. So instead of 512 mb like it is now, they may quadruple that to 2gb or go even higher. They may also finally include the ability to play DVD movies, and maybe even find a way to have the sensor bar built into the console so you don't need the sensor bar to be a separate component.

I also think at some point Nintendo is probably going to drop the GC controller and memory card ports. They are going to do that to save money on the hardware costs, and also to discourage people from owning and playing GC games, which they are no longer seeing any profit from. Everyone at this point who ever owned a GC has probably already upgraded to the Wii, so it makes no sense for them to keep this ability.

Instead, they will probably release "Wiimakes" of all the best selling GC games, to make them work with the Wii-mote so people will be forced to repurchase them all over again and no longer rely on backwards compatibility to play them.

Anyways, these are some of my predictions for what Nintendo is going to be doing next year. Do you guys think my predictions will end up being correct? And if not, how do you think things will be?
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Offline KDR_11k

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Re: I predict a Wii price drop will come after the holidays
« Reply #1 on: November 23, 2008, 02:47:17 AM »
Did the DS Lite see a price cut?

Wiis have been in stock here since a few weeks after launch and the price has not changed. The Blue Ocean Strategy dictates that you shouldn't drop prices because a pricedrop is just something you consider when the product's value no longer matches its price, instead you should increase the value of the product. More colors is something Nintendo does instead of a pricedrop, not in addition.

The sensor bar will remain separate since the bar has to be visible to the remote and near the TV while the console itself will be located in a simple storage spot. DVD playback IS POINTLESS. The license costs money and there is absolutely noone left who cares. The GC components are used for many things on Wii games, while Nintendo could drop them they haven't dropped features from their handhelds until the revision that came just before the EOL for the generation and they don't make hardware revisions on their consoles.

In short, the only thing I think you're right on is that Nintendo will release more colors.

Offline Mario

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Re: I predict a Wii price drop will come after the holidays
« Reply #2 on: November 23, 2008, 04:42:34 AM »
I think the price will stay the same, but they will also throw in Wii Sports Resort and Motion Plus, or perhaps just replace Wii Sports with it.

Offline BeautifulShy

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Re: I predict a Wii price drop will come after the holidays
« Reply #3 on: November 23, 2008, 05:05:18 AM »
I think your comparison with this gen and last gen aren't really valid Chozo.The GC,I think, launched at 300.Compare that with the PS3 at 600.I believe when you are market leader there is less incentive to lower the price.PS2 was leader last gen. How many price drops did it get? How long did it take?

If you take away things like the backwards compatability customers will feel the price needs to be lowered. I think DVD playback is pointless.DVD players are cheap.

If you drop the price after Christmas than the customers that got it during Christmas will feel that they've got ripped off.
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Offline KDR_11k

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Re: I predict a Wii price drop will come after the holidays
« Reply #4 on: November 23, 2008, 05:40:27 AM »
The PS2 got plenty of price drops, just always later than the other consoles. The DS, on the other hand, didn't seem to get even one pricedrop throughout its life.

MotionPlus and Resort is likely, the MP addon is going to be out next year and needs to see a lot of distribution so shipping it with the console makes sense, as well as updating the killer app/tech demo that ships with the system to use it. I hope they still include the old Sports games too though.

Offline Chozo Ghost

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Re: I predict a Wii price drop will come after the holidays
« Reply #5 on: November 23, 2008, 07:01:56 AM »
They could probably merge Wii Play, Wii Sports, and Wii Resort into a single game on a single disc, but also tinker with them so that they work with MotionPlus, and yeah, include the MotionPlus too... And if they do include Wii Play like I suggested, then they should also throw in the extra controller along with it, and maybe another chuck to go with it.

Doing all that would increase the value of the console purchase enough that they wouldn't have to lower the price. I remember they did something similar to this with the original NES when it used to come with Mario Bros. but later on they included Duck Hunt and Mario together and also included two controllers and the light gun. There was even a bundle that included all of that, plus R.O.B. and Gyromite too, but R.O.B. wasn't a good idea to bundle because it wasn't supported at all.

But yeah, Wii Play + Wii Resort + extra controller + Extra Chuck + MotionPlus and some new colors beside white would really boost sales even if the price stays the same. Plus that makes sure the MotionPlus gets into player's hands by default, and that's important for peripheral support.
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Offline Mario

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Re: I predict a Wii price drop will come after the holidays
« Reply #6 on: November 23, 2008, 07:07:30 AM »
lol extra controller and Wii Play is going a bit too far, that'd be like a $100 pricedrop. Plus it's gotta be simple.

Offline BeautifulShy

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Re: I predict a Wii price drop will come after the holidays
« Reply #7 on: November 23, 2008, 08:04:10 AM »
Chozo I remember R.O.B was just a way for retailers to stock the NES.Retailers was wary of Video game consoles.Especially after the Crash of 83.So R.O.B was basically a trojin horse. After the Nes was selling well enough Mario took the torch and the rest is history.
KDR the DS I think started at $149.It is down to $129 now.My point with the PS2 was that it got pricedrops after the GC and Xbox.Same situation this Gen with the Wii.
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Offline KDR_11k

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Re: I predict a Wii price drop will come after the holidays
« Reply #8 on: November 23, 2008, 08:07:31 AM »
Yeah, 2x controller plus accessories and that many games is more of a late gen move. That much extra stuff would probably hurt the bottom line a lot. Throwing more games in doesn't cost much but Iwata said he doesn't like just throwing games at the console bundle because it makes people less willing to buy games, I think Wii Play will definitely remain separate.

The DS is still at 149€ here. Nice ripoff, eh, NoE?

Offline Monteblanco

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Re: I predict a Wii price drop will come after the holidays
« Reply #9 on: November 23, 2008, 04:11:56 PM »
I don't think Nintendo will cut the Wii price so soon. However, I belive they might add some value to the console if it start loosing sales momentum. I guess the first one will be incorporating motion+ and Wii Sport resort to the basic package. An increase of the internal memory is also a possibility in the future. Nintendo will probably wait till they are ready to announce the Wii sucessor to cut the price.

Offline KDR_11k

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Re: I predict a Wii price drop will come after the holidays
« Reply #10 on: November 23, 2008, 05:07:20 PM »
I think motionplus will be included ASAP to get it into circulation and resort might be added as the matching tech demo, independent of any value needs. Most likely there'll be new colors to push the value when needed.

Offline BlackNMild2k1

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Re: I predict a Wii price drop will come after the holidays
« Reply #11 on: November 23, 2008, 05:38:23 PM »
I agree with KDR.
I would expect maybe a WiiSPorts/Resort single disc & Motion+ included with the Wii, single controller & nunchuck bundle.
Even though I'm waiting for more colors, I don't actually expect any till sales start to slump and Nintendo wants a quick way to boost those sales again,.

People, STOP buying Wii's so I can buy a Jet Black one already!!
w/ matching motion+ attachment, wiimote & niunchuck.

Offline UncleBob

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Re: I predict a Wii price drop will come after the holidays
« Reply #12 on: November 23, 2008, 05:58:22 PM »
There will never be a Jet Black Wii.


... it'd probably be "onyx" ;)
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Offline NinGurl69 *huggles

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Re: I predict a Wii price drop will come after the holidays
« Reply #13 on: November 23, 2008, 06:11:18 PM »
The 70 Wii units sitting overstocked at a local Best Buy indicates the price drop is THIS FREAKING FRIDAY, EVIDENCE NINTENDO IS IN TROUBLE.
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Offline AV

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Re: I predict a Wii price drop will come after the holidays
« Reply #14 on: November 23, 2008, 08:49:40 PM »
maybe include a demo disk in the package with lots of new stuff and possibly a 1000 wiipoints card to get people to go online for some reason.

Offline stevey

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Re: I predict a Wii price drop will come after the holidays
« Reply #15 on: November 23, 2008, 09:07:53 PM »
no price cut till the 360/ps3 price come within $10 of the wii's price

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Offline oohhboy

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Re: I predict a Wii price drop will come after the holidays
« Reply #16 on: November 23, 2008, 11:11:26 PM »
I don't expect a price drop, but a new Wiimote that has integrated plus functions, effectively standardizing it. That would be far more useful for everyone than a price drop.

That's when I will strike and get a wii.
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Offline Dirk Temporo

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Re: I predict a Wii price drop will come after the holidays
« Reply #17 on: November 24, 2008, 12:00:31 AM »
I think you're an idiot if you expect a price drop. Price drops happen when sales go down. The Wii has been selling amazingly fast since it came out.
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Offline Smash_Brother

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Re: I predict a Wii price drop will come after the holidays
« Reply #18 on: November 24, 2008, 12:05:09 AM »
My GF manages a Gamestop and she has 40 Wiis in stock for like the first time ever.

It looks like they've finally found the market saturation point.
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Offline Mario

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Re: I predict a Wii price drop will come after the holidays
« Reply #19 on: November 24, 2008, 02:30:11 AM »
City Folk didn't work Nintendo, bupbow

Offline KDR_11k

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Re: I predict a Wii price drop will come after the holidays
« Reply #20 on: November 24, 2008, 03:48:19 AM »
Wiis being in stock isn't enough of a reason to try boosting the sales, only if sales take a hit. Think about it, being in stock should be the default state for any product. If it's not in stock something went wrong and there's potential income being lost.

no price cut till the 360/ps3 price come within $10 of the wii's price

You mean like how the 360 Premium is already cheaper than the Wii in Europe? Why would Nintendo care? People who want a Wii don't care about the competition.

Offline Chozo Ghost

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Re: I predict a Wii price drop will come after the holidays
« Reply #21 on: November 24, 2008, 08:16:28 AM »
I think you're an idiot if you expect a price drop. Price drops happen when sales go down. The Wii has been selling amazingly fast since it came out.

Sales will go down after the Holidays are over. That's an inevitability, and unlike in 2007 and 2008 the shortage is going to be over.

Let's do the math:
No Wii shortage + Post-Holiday sales decline = stagnant sales.

For the first time ever, in February or March of 2009 the Wii is going to be sitting on store shelves and is going to need a boost. If not in the form of a price cut, then definitely with the introduction of new colors or bundles. Mark my words, the 1st half of 2009 will be the time when Nintendo finally needs to do something to help the Wii maintain its momentum.
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Offline Plugabugz

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Re: I predict a Wii price drop will come after the holidays
« Reply #22 on: November 24, 2008, 10:53:42 AM »
You mean like how the 360 Premium is already cheaper than the Wii in Europe? Why would Nintendo care about europe?

Fixed.

Offline Ian Sane

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Re: I predict a Wii price drop will come after the holidays
« Reply #23 on: November 24, 2008, 12:10:13 PM »
Nintendo doesn't do Player's Choice anymore and they're actually smug enough to BRAG about this.  In public presentations they actually make a big deal of how they won't throw us, the paying customer, a bone because they don't have to.  They know their games will continue to sell at full price so no discounted price promotion is needed.  The fact that they actually reveal this information publicly and not in some private meeting blows my mind.  They are so damn arrogant that they'll present this to the very public that is negatively affected by it as if it's some key information we need to be aware of.

So why would the company that has this attitude about game prices cut the price of the hardware?  2009 will probably be the first time anyone can finally just walk into a store and buy a Wii on a whim.  Why cut the price now?  And again this is the company that cheaped out on the hardware to make a bigger profit on the console which has affected third party support in a negative away and AGAIN they bragged publicly about it to the very customers who are, more or less, jerked around by that decision.

If Nintendo could RAISE the price of the Wii they probably would and then devote 15 minutes of their E3 presentation to bragging about how we're all getting ripped off.  No way in hell there's a price cut any time soon.

Offline bustin98

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Re: I predict a Wii price drop will come after the holidays
« Reply #24 on: November 24, 2008, 12:28:43 PM »
Put me in the 'no price decrease' court. The only reason Nintendo will drop the price is when the system stops selling like gangbusters. I bet by now they have the cost per console down to near $100 or less though. And if a 'HDWii' is in the plans, when that releases is when the original Wii will drop in price.

So, a price drop in 2012. And we'll never see another black console from Nintendo again.