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Sony Cuts PlayStation 3 Price, Aims to Double Sales.
- Thread starter Fio
- Start date
DCharlie
And even i am moderately surprised
that's if all three companies ability to cut the price remain the same and if they all start at the same price and all entered the market at the same time, and we know that this isn't true across the board.
The terrifying thing here is the Wii - i think it's probably got the easiest job in cutting prices , and they simply don't need to do anything right now.
DCharlie,
Wii should have the easiest job
Between PS3 and 360, PS3 should have the easiest job cutting costs ... at least in terms of original price. Whether that can bring it down to 360 Premium pricing in a reasonable timeframe remains to be seen ... though the 3 year warranty debacle may help in that regard.
Wii should have the easiest job
Between PS3 and 360, PS3 should have the easiest job cutting costs ... at least in terms of original price. Whether that can bring it down to 360 Premium pricing in a reasonable timeframe remains to be seen ... though the 3 year warranty debacle may help in that regard.
Barkley's Justice
Member
PartlyCloudlike
Member
Anecdotal evidence: One of my good buds jumped on the PS3 deal at Circuit City (the one with the free controller). He was hesitant on the 360 -- a great system -- due to the hardware issues, despite the warranty deal. He is now officially a PS3 owner. Me, I'm getting mine this Saturday!
I agree with those who think that people who've been waiting on the PS3's price to drop will be primarily the ones who buy them. My friend had been waiting for quite a long time. Casuals will still be scared off by the price.
I agree with those who think that people who've been waiting on the PS3's price to drop will be primarily the ones who buy them. My friend had been waiting for quite a long time. Casuals will still be scared off by the price.
JoshuaJSlone
Member
Regardless of what we consider a mass-market price, inflation alone shouldn't account for much more than a $50 difference from last generation to this. As is now, PS3 is 200 more than PS2 was at the same age. If PS3 can drop a full $100 every year, it will take until mid-2010 to be within $100 of what PS2 was at the same age, at which point the comparison would be PS3: $200, PS2: $150.Onix said:
Willy Wanka
my god this avatar owns
The majority of you take this shit far, far too seriously.
Anyway I hope they pass a decent sized price cut onto us saps in the UK. I have a feeling I'll no longer be able to resist buying a PS3 once all the E3 goodness spills out.
Anyway I hope they pass a decent sized price cut onto us saps in the UK. I have a feeling I'll no longer be able to resist buying a PS3 once all the E3 goodness spills out.
tjhooker said:
Both PSX and PS2 had faster adoption rates in the same period of time that the PS3 did and they ended up having even better adoption rates later because a playerbase was established early, and that ended up directing where the games went.
And please, the situation of this generation isn't so dissimilar from that of the 32/64 bit era. Nintendo/Sega were kings, made some stupid ****ing mistakes, got outplayed by Sony, and payed dearly for it for two generations.
Beer Monkey
Member
Two of my friends are buying PS3 this week because of the price cut. Before that, it was many months since any of my friends bought PS3.
(I already had one, the $599 sucker that I am. At least I got a shitty movie for free)
(I already had one, the $599 sucker that I am. At least I got a shitty movie for free)
Barkley's Justice
Member
FLEABttn said:
yea but sony was fresh and had an edge and took gaming to the clubs and made it more mature. there was flavor and soul to what they were doing. if you're 25+ and reading this, you know what it was about.
this generation? what in the **** is going on. it's such a mess up and down, any which way you look at it. and not just sony -- the whole generation. when we look back at this generation retrospectively, we're gonna be like WHAT THE ****
dammitmattt
Banned
Question for everyone - what is it about the $500 price tag that is making you jump in now? Is it because the good software is closer than it was last November? Is it because the WiFi and 40GB were THAT important to you that you couldn't just pick up the $500 system last year?
It's just weird to me that people are choosing now to jump in when the price is still very high and the software is still mostly 1-2 months away. It would make MUCH more sense to me if the price cut was $200....
Well, Target usually only carries a couple of them, so it's not saying anymore than citing Amazon links. Don't forget that the Elite was almost impossible to find and the 360 sales actually decreased.
Wait for NPD...these anecdotal stories are dumb.
It's just weird to me that people are choosing now to jump in when the price is still very high and the software is still mostly 1-2 months away. It would make MUCH more sense to me if the price cut was $200....
The Jer said:
Well, Target usually only carries a couple of them, so it's not saying anymore than citing Amazon links. Don't forget that the Elite was almost impossible to find and the 360 sales actually decreased.
Wait for NPD...these anecdotal stories are dumb.
Segata Sanshiro
Member
I didn't want to go through the debacle of trying to secure one at launch, and I never saw a 20 gig after that. That's my story. Though I also have more money this year than last.dammitmattt said:
Segata Sanshiro
Member
You're really setting yourself up for some crow that you'll ignore later, dude.spwolf said:no, no, no! you got it all wrong, they removed PS3 due to low sales damn it!
:lol
it is $499 - $4-9-9! Nobody will buy it!
They probably thought 20 GB is back in stock and got it, someone should educate them better!
(you can see I am having good time)
dammitmattt
Banned
Segata Sanshiro said:
I saw a few 20 GBs out in the wild early this year, but none since. At least your patience was rewarded (though I did get Talledega Nights for my $100). I bet you're jealous.
MikeB said:Up 2700%
Jesus f'n Christ....that's about the millionth time that someone has posted a variation of this story....have you even read the last page of the thread, let alone the whole thread?!?!?
davepoobond
you can't put a price on sparks
you get a blu-ray dvd remote for free when you buy it from amazon.com, too. that's a pretty sweet deal.
Crayon Shinchan
Aquafina Fanboy
Price drop will substantially boost sales for a short term... sustained doubling? doubtful. probably a 30% increase overall.
But $500 just hasn't distanced itself from the stigmatised prices far enough. $450 is the sweet spot for that kinda thing... but it could also be over 100% extra loss per unit depending on their margins right now.
If they worked towards giving the consumer much more value... HDMI cable, rumbleshock and a couple of free older releases (resistance and motorstorm) for the 80g model at Christmas... then yeah, then they have a real fighting chance.
But $500 just hasn't distanced itself from the stigmatised prices far enough. $450 is the sweet spot for that kinda thing... but it could also be over 100% extra loss per unit depending on their margins right now.
If they worked towards giving the consumer much more value... HDMI cable, rumbleshock and a couple of free older releases (resistance and motorstorm) for the 80g model at Christmas... then yeah, then they have a real fighting chance.
Segata Sanshiro
Member
I'm actually very jealous. Although I have to admit, it wasn't so much patience as necessity. I can afford quite a bit more now that I'm at my career than I could back in November when I was getting by on student loans.dammitmattt said:
Come April I could more easily afford one but it wasn't hard to see the wind was changing re: a price drop.
Segata Sanshiro
Member
Okay, I admit to laughing at that one. :lolspwolf said:i thought PS3 has so much supply that they dont have anywhere to hold them anymore?
SouthernDragon
Member
Coconut decorations are up 103,000%
Wow.
Wow.
Segata Sanshiro
Member
Dude, if I'm a Wii soldier, I've been doing my job alllll ****ing wrong the last 24 hours, or have you not seen my posts in these price drop threads?spwolf said:for what? I am making fun of people who said nobody will notice $100 price drop and that nobody will buy it... it is idiocy at its best.
dont worry, i didnt say it will outsell Wii, so you can stay in your good soldier mode
Honestly given the way that things like the iPod, iPhone, HDTVs and even the 360 have performed in the mass market at "non magic" price points I don't think $199 is the end-all be-all number anymore. I mean simple supply/demand dictates that something with a lower price will sell better but I don't think it's entirely necessary to sell well.Crayon Shinchan said:
Maybe the fact that the average American has over $9k in credit card debt has something to do with it...
Zombie James
Banned
We had two PS3's at work tonight, neither of them sold while I was there. But hey, this is Canada dude.
AlternativeUlster
Absolutely pathetic part deux
Onix said:
So that's how much the NeoGeo sold for? I thought it was something much more because my friends always talked about the NeoGeo and they were like whenever they rented one (and also had to put a deposit for it) that they wanted own one but it was like 2,000 dollars or something like that. The Jaguar for 250 wasn't that bad of a deal actually. The 3DO on the otherhand, wow. The best Out of this World isn't worth that much. Did the NeoGeo come with a game and also, can we get some charts comparing the Geo to the Ps3? Did the NeoGeo come with a game?
Segata Sanshiro said:
i saw your posts, thats what I am saying
. I am just making fun of people trying to ignore the reality.Long term, games coming out will have bigger influence on sales than $100 drop, but again, $100 drop will bring some sales in, simply because it is $100 drop.
Simply put, if 3.5 million bought it at $600, then expecting nobody to buy it at $500 is just crazy.
Sony will also greatly benefit from news stories and ads from stores, it is like free marketing for them now, before all the games start coming out.
Segata Sanshiro
Member
The PS3 has already destroyed the NEO GEO's numbers. Even if you count the NEO CD.
dammitmattt
Banned
spwolf said:i saw your posts, thats what I am saying
Long term, games coming out will have bigger influence on sales than $100 drop, but again, $100 drop will bring some sales in, simply because it is $100 drop.
Simply put, if 3.5 million bought it at $600, then expecting nobody to buy it at $500 is just crazy.
Sony will also greatly benefit from news stories and ads from stores, it is like free marketing for them now, before all the games start coming out.
Of course it will bring some sales in, but it don't double the sales like Sony is hoping. The thing is still just too damn expensive. That's the point people are trying to make.
When word of the price drop trickled down to a few of my family members tonight, an aunt said that she'd buy it for her son. He was pretty excited and said most of his friends were just dying to get it, but the price was so high. I mentioned there wasn't much to play on the system for the past 8 months, and he gave me a strange look, "It's a PLAYSTATION dude." It reminded me that sometimes I'm so close to all the industry news and fanboy talk that the general population thinks games.. and then thinks Nintendo and Playstation.
If Sony can get this down to 399, they'll sell like MAD. If Sony and Microsoft were in different positions (Hardware problems aside and giving MS the hardware advantage) would Microsoft's console sell as much as the PS3 did? Probably not.
If Sony can get this down to 399, they'll sell like MAD. If Sony and Microsoft were in different positions (Hardware problems aside and giving MS the hardware advantage) would Microsoft's console sell as much as the PS3 did? Probably not.
S
Shepherd
Unconfirmed Member
spwolf said:for what? I am making fun of people who said nobody will notice $100 price drop and that nobody will buy it... it is idiocy at its best.
dont worry, i didnt say it will outsell Wii, so you can stay in your good soldier mode
Are you saying it will outsell the 360 for July?
MickeyKnox
Member
Seriously, this shit needs to stop.AstroLad said:
Anyone who is trying to pass Amazon sales as a good barometer for national sales need to do themselves a favor and go wade through the BluRay/HD-DVD takeover watch thread in the OT.
@ dammitmattt
OK, once again just for you to get the adrenaline pumping. ;-)
IMO Microsoft's repsonse was classic:
"We'll see if it makes a difference. It's interesting to note that they've significantly dropped their price in the first eight months while Xbox 360 has continued to sell well at our launch price for more than a year and a half. We're right where we want to be right now -"
- Missing original shipment target by 4.4 million?
- 1 Billion extra in depth due to mass hardware failures?
- No price drop in 1 and half years despite using the cheapass low quality components?
OK, once again just for you to get the adrenaline pumping. ;-)
IMO Microsoft's repsonse was classic:
"We'll see if it makes a difference. It's interesting to note that they've significantly dropped their price in the first eight months while Xbox 360 has continued to sell well at our launch price for more than a year and a half. We're right where we want to be right now -"
- Missing original shipment target by 4.4 million?
- 1 Billion extra in depth due to mass hardware failures?
- No price drop in 1 and half years despite using the cheapass low quality components?
dammitmattt said:
why not? positive marketing will definetly bring in a lot of new customers, and doubling those sales is not that hard, is it?
Price is really relative term - just look at iPod sales. What Sony needed the most is positive marketing, which is what they are finally getting now.
for how long is the question - but then you will have steady flow of block buster releases which will get the sales up even more - lair, warhak, heavenly sword are all coming out in next 2 months, which will make PS3 hard to ignore.
timing is probably perfect to keep PS3 sales on the up side going into holiday season. How up is up? Nobody knows, but double of 80k is really not that big of the number.