Author Topic: Iwata Talks About Wii Sports Resort, DSi, and Not Slashing Prices (Read 11958 times)

Flames_of_chaos · « **Reply #25 on:** April 10, 2009, 12:28:51 PM »

I'd never buy an arcade considering how much Microsoft charges for a memory card or hard drive. 50 bucks for a 512MB memory card, or 100 for a 60GB harddrive, meh too expensive.

GoldenPhoenix · « **Reply #26 on:** April 10, 2009, 01:04:48 PM »

Quote from: TJ Spyke on April 10, 2009, 11:34:30 AM

Quote from: GoldenPhoenix on April 10, 2009, 04:23:48 AM
Got to love it though. It is unprecedented for the price to stay the same for well over 2 years, especially when the competition has a unit for sale that is not only VASTLY more powerful but $50 cheaper.

For the first price drop, maybe. The PS2 was at $130 for almost 3 years (it dropped to $130 in late April 2006 and finally dropped to $100 on April 1 of this month).

As for the second comment, are you really comparing the Wii to the tard pack that most people don't want?

Yes I'm talking about the first price drop. Didn't say it wasn't a tard pack, but still it is much more expensive to produce then the Wii is now.

IceCold · « **Reply #27 on:** April 11, 2009, 12:59:57 AM »

I remember discussing the price cut issue with couchmonkey (where is that guy?) years ago and he was arguing that if Nintendo ever regained the top spot they would basically stop "Player's Choice" budget games. I argued long and hard about how that would never happen and it was bad business sense.

I guess he was right.

IceCold · « **Reply #28 on:** April 11, 2009, 01:07:23 AM »

Found it!

Quote

Couch, I think Player's Choice will still be there, and we'll still get the deals regardless of whether Nintendo is the market leader or not.. When a game is released, and its sales are stagnant for a while after the initial release, it just makes good business sense to have a pricecut to stimulate more sales. For example, it's better to sell 10 copies at $30 rather than 4 copies at $60. ALSO, bargain games are always a selling point to late adopters (and definitely casual/nongamers in this case), and Nintendo wants to ensure that 2 or 3 years after launch, there's a good range of games for that type of customer. It would ensure that consoles keep getting sold at a constant rate. And FINALLY, more games equals a better software tie-in ratio. It may be somewhat artificial since they were sold at a lower price, but developers always look at the tie-in ratio when they decide whether to support a console or not. Regarding why they didn't have Player's Choice for earlier consoles, I'll chalk it up to the Yamauchi era..

http://www.nintendoworldreport.com/forums/index.php?topic=17816.msg274146#msg274146

Kairon · « **Reply #29 on:** April 11, 2009, 01:44:41 AM »

Yup, looks like Couchmonkey was right. Iwata's stance right there is that late adopters will buy Nintendo games even if the price is $50. *looks at Wii Fit* ...or more.

IceCold · « **Reply #30 on:** April 11, 2009, 02:44:14 AM »

Yeah I think we all underestimated the long legs of this new breed of games..

Plugabugz · « **Reply #31 on:** April 11, 2009, 07:21:26 AM »

I honestly believe its less about the "long legs" of games now but the higher price tolerance of people who wants to pay for them. If Nintendo could charge double for everything (Wii Fit at $150?), they would.

NinGurl69 *huggles · « **Reply #32 on:** April 12, 2009, 01:30:15 PM »

As time goes on, the fence approaches you. Eventually, you'll have to cross it or get impaled by its spikes. But it's slow enough to allow climbing the spikes.

Mop it up · « **Reply #33 on:** April 12, 2009, 02:25:57 PM »

Never having a price drop seems to encourage used game sales though. I bought Super Mario Galaxy used because I refuse to pay full price for a game that's over a year old.

UncleBob · « **Reply #34 on:** April 13, 2009, 12:21:14 AM »

Someone who's going to buy used to save $5 now is likely going to buy used to save $5 a year later...

NinGurl69 *huggles · « **Reply #35 on:** April 13, 2009, 01:09:34 AM »

Oh waow, big savings there.

Buying used isn't what made Mario Kart Wii the best selling racing game of all time.

Mop it up · « **Reply #36 on:** April 13, 2009, 02:44:28 AM »

Quote from: UncleBob on April 13, 2009, 12:21:14 AM

Someone who's going to buy used to save $5 now is likely going to buy used to save $5 a year later...

Yeah if they are lazy and use GameStop. eBay is where it's at, much better deals on there.

GoldenPhoenix · « **Reply #37 on:** April 13, 2009, 04:06:25 AM »

I have no doubt Sony and MS would keep their game prices high if they were still selling well. I'm sorry, but it is simple supply/demand economics. Wii has been so unpredictable in its gaming sales that I think Nintendo would be stupid to lower prices on many of their games.

KDR_11k · « **Reply #38 on:** April 13, 2009, 01:33:06 PM »

Quote from: TJ Spyke on April 10, 2009, 11:34:30 AM

As for the second comment, are you really comparing the Wii to the tard pack that most people don't want?

I don't know about the US but in Europe the Pro is cheaper than the Wii.

NWR_insanolord · « **Reply #39 on:** April 13, 2009, 02:17:17 PM »

Quote from: KDR_11k on April 13, 2009, 01:33:06 PM

Quote from: TJ Spyke on April 10, 2009, 11:34:30 AM
As for the second comment, are you really comparing the Wii to the tard pack that most people don't want?

I don't know about the US but in Europe the Pro is cheaper than the Wii.

In the US the Wii is $250, the 360 Arcade is $200 and the Pro is $300.

NinGurl69 *huggles · « **Reply #40 on:** April 13, 2009, 02:43:14 PM »

So the world has shown they value VALUE over CHEAPNESS.

Wii r the champion

Kairon · « **Reply #41 on:** April 14, 2009, 12:29:01 AM »

Quote from: NinGurl69 *huggles on April 13, 2009, 02:43:14 PM

So the world has shown they value VALUE over CHEAPNESS.

Surprisingly enough.

UncleBob · « **Reply #42 on:** April 14, 2009, 12:39:23 AM »

Quote from: Mop_it_up on April 13, 2009, 02:44:28 AM

Quote from: UncleBob on April 13, 2009, 12:21:14 AM
Someone who's going to buy used to save $5 now is likely going to buy used to save $5 a year later...
Yeah if they are lazy and use GameStop. eBay is where it's at, much better deals on there.

I'm just saying that high new prices isn't going to *greatly* encourage used sales. If someone's trying to save money on their purchase, then they're probably looking to buy used - period.

Quote from: GoldenPhoenix on April 13, 2009, 04:06:25 AM

I have no doubt Sony and MS would keep their game prices high if they were still selling well. I'm sorry, but it is simple supply/demand economics. Wii has been so unpredictable in its gaming sales that I think Nintendo would be stupid to lower prices on many of their games.

Agreed. Maybe not quite to the extent that Nintendo does, but how long was the original Halo priced at the top tier for the original XBox?

KDR_11k · « **Reply #43 on:** April 14, 2009, 05:43:39 AM »

I think Halo 3 still doesn't have a pricedrop.

UncleBob · « **Reply #44 on:** April 14, 2009, 10:22:42 AM »

I think it dropped to $40 when Halo Wars came out (or around that time)...

NinGurl69 *huggles · « **Reply #45 on:** April 14, 2009, 12:33:45 PM »

All territories aren't equal in pricing.

UncleBob · « **Reply #46 on:** April 14, 2009, 12:40:11 PM »

But only US pricing matters...

...just teasing.

Ian Sane · « **Reply #47 on:** April 14, 2009, 01:40:52 PM »

As irritating as I find it, it makes sense for Nintendo to not drop prices if they don't have to. They will lose some sales to the used market but, again, if they truly don't have to drop prices then those used sales won't seriously affect them.

The concern is if in the future the demand isn't at the same level and Nintendo can't just keep prices where they are but does anyway and suffers for that. While Nintendo knows what's going on now they have to humble and be willing to accept that this won't last forever and be willing to acknowledge when it stops working. I remember on the Cube Nintendo very often greatly overestimated the public's demand. They have a history of assuming people will buy their products "because we're Nintendo". I doubt they've learned that lesson but I HOPE they have. If they're smart and willing to learn from their mistakes they will lower the price of the Wii and offer a Player's Choice line when it becomes clear that the demand is no longer enough to justify the price.

Nintendo ALWAYS acts like they're number one, it just now doesn't seem quite so silly since they actually are.

KDR_11k · « **Reply #48 on:** April 14, 2009, 05:00:31 PM »

Well, the DS never got pricedrops, it's certainly possible that they could keep the Wii at a high price and simply boost sales with new stuff when necessary instead of getting those boosts from pricedrops.

Mop it up · « **Reply #49 on:** April 14, 2009, 05:01:05 PM »

Quote from: UncleBob on April 14, 2009, 12:39:23 AM

I'm just saying that high new prices isn't going to *greatly* encourage used sales. If someone's trying to save money on their purchase, then they're probably looking to buy used - period

If a price drop makes new as low as the used prices were, such people would definitely then buy them new over used.

Of course, the Wii breaks all kinds of logic so it is no surprise that it doesn't apply to this case either.

Quote from: KDR_11k on April 14, 2009, 05:00:31 PM

Well, the DS never got pricedrops

It had one $20 price drop in North America, but that was it.

News:

Author Topic: Iwata Talks About Wii Sports Resort, DSi, and Not Slashing Prices (Read 11958 times)