Let’s Talk About Price
Read the whole article here: https://cultureofgaming.com/lets-talk-about-price/
With the conclusion of the PS5 showcase of new games coming out, there’s increased excitement for next-gen. We’ve got a glimpse of a new console that can deliver in terms of graphics, ray tracing, and loading times. With the power and graphical showcase of a new Unreal 5 engine also debuting with the PS5. Again, I’m excited for everyone to get their hands on either console or what this new engine could bring to PC as well. One thing that keeps bothering me more and more…is the price of what gaming will cost now.
There are to main factors to look at when it comes to gaming, which is an expensive luxury. We don’t know what the PS5 or Xbox Series X will cost with rumors of having an entry-level version for Xbox called project Lockhart. Also, NBA 2K21 recently announced that their PS5/SeriesX version will cost a retail price of $69.99 or $99.99 for both. We’re starting to see a new wave of pricing for this medium that we haven’t seen in at least 14 years since the transition from PS2/Xbox to PS3/Xbox 360.
Why?
I think it’s self-explanatory on why a price increase is in order, but it doesn’t mean it won’t sting any less. I will definitely date myself as I remembered trying to save enough money in teens to buy a new copy of Final Fantasy 7 with my summer jobs and trading in games back when EB Games was in business. Video games have and will always be an expensive hobby unless your willing to buy your games years later at a steep discount. However, half of the fun is being up to date with new game releases and talking to other players about the game. Most games make up an enormous portion of their overall sales is during the release window, and some games still several millions of copies afterward with a long enough tail.
Games rely heavily on its first initial sales window to make a bulk of its profits. While the fear of missing out forces people to buy on day one to avoid spoiler culture on social media. Of course, that mostly happens with story-based games, but it can be true as well for multiplayer games. Getting in late on an amazing multiplayer game can be rough as a newbie if you weren’t there early on to learn and grow. You’re up against veteran players that know all the best tricks and tips until you either catch up quickly or get discouraged at the high ceiling for competitive play.
Games are getting more expensive to make, and the amount of risk is minimal to non-existent in the AAA space. To be frank, this price increase was overdue, considering how massive games have become in a span of 14 years.
Continue Reading at:https://cultureofgaming.com/lets-talk-about-price/