Vardoger
(?)Community Member
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- Posted: Sat, 28 Sep 2013 17:57:59 +0000
⚠ Do you think that the need to push up their quarterly and yearly numbers
has made Gaia loose sight of the long picture?
My theory is always changing but currently I'm on the fence between them milking us for all we're worth because they just figured out it was possible, or them milking us until some pretty outstanding debts are paid off. I'm leaning toward the former, though.
⚠ Do you think Gaia should start lowering prices and put back the less than 50$ pricetags
for cash shop or even Verge items? (make the 500$-1000$ a rare super special price)
They've made such an image for themselves that randomly lowering the prices now would look even worse. They would have to toe the line with caution and work down to lower prices over time.
But I would've thought selling things at lower cost to the consumer was common knowledge (in econ)? Maybe they don't teach that anymore.
If you sell something for $10 and only 5 people buy it, that's $50. It you sell it for $9 and just one more person buys it (6 people), you've already made more money. Now you have $54.
The difference between Gaia and Amazon though is that Amazon only has to worry about one market. Price thing on amazon, consumer buys item, done deal. Nothing else is effected (that affects Amazon). Gaia on the other hand, has to price an item in USD for the consumer, but then they have to make sure that the item keeps a certain price in gold, and keeps a certain rarity on the market. This makes Gaia less like Amazon and more like... Debeers (diamonds forced rarity).
Gaia has to keep close tabs on the gold market, because people buy items with GC mostly to invest for GG. If a GC item isn't worth GG, less people will be willing to buy it, resulting in less USD.
The huge problem Gaia has (I think) is that there is no one on staff with the competency to handle this type of market manipulation/situation well.
⚠ Most importantly: would you, as a consumer, buy more and spend more on Gaia if
they released more items in the lower price range rather than the 50$ prictetags now?
Or would you still be the same and just close your wallet?
I would, and have spent more when things were cheap and sales of re-released "rare" items were actually rare. I spent $50 for an item that "wasn't worth it" in the very first black friday sale, and I was fine with it. Nowadays though, I wouldn't spend $50 on anything they offer because it's not a special deal anymore, who knows when they'll re-release it again, and there just isn't any more trust to be had that they'll stay true to their word as a company. Besides, when every other item costs $50, I no longer have an extra $50 for the next sale.
⚠ Is it too late for Gaia to change? Has it crossed your BIG RED LINE as a consumer?
It's not too late to change, but if they don't change soon, I'm certainly out. And even if I don't quit the site, I'm certainly not buying any GC any time soon.
Edit:
Totally off-topic, but I was just ignorelisted from someone's thread because they didn't like my gifs.
LOL.
has made Gaia loose sight of the long picture?
My theory is always changing but currently I'm on the fence between them milking us for all we're worth because they just figured out it was possible, or them milking us until some pretty outstanding debts are paid off. I'm leaning toward the former, though.
⚠ Do you think Gaia should start lowering prices and put back the less than 50$ pricetags
for cash shop or even Verge items? (make the 500$-1000$ a rare super special price)
They've made such an image for themselves that randomly lowering the prices now would look even worse. They would have to toe the line with caution and work down to lower prices over time.
But I would've thought selling things at lower cost to the consumer was common knowledge (in econ)? Maybe they don't teach that anymore.
If you sell something for $10 and only 5 people buy it, that's $50. It you sell it for $9 and just one more person buys it (6 people), you've already made more money. Now you have $54.
The difference between Gaia and Amazon though is that Amazon only has to worry about one market. Price thing on amazon, consumer buys item, done deal. Nothing else is effected (that affects Amazon). Gaia on the other hand, has to price an item in USD for the consumer, but then they have to make sure that the item keeps a certain price in gold, and keeps a certain rarity on the market. This makes Gaia less like Amazon and more like... Debeers (diamonds forced rarity).
Gaia has to keep close tabs on the gold market, because people buy items with GC mostly to invest for GG. If a GC item isn't worth GG, less people will be willing to buy it, resulting in less USD.
The huge problem Gaia has (I think) is that there is no one on staff with the competency to handle this type of market manipulation/situation well.
⚠ Most importantly: would you, as a consumer, buy more and spend more on Gaia if
they released more items in the lower price range rather than the 50$ prictetags now?
Or would you still be the same and just close your wallet?
I would, and have spent more when things were cheap and sales of re-released "rare" items were actually rare. I spent $50 for an item that "wasn't worth it" in the very first black friday sale, and I was fine with it. Nowadays though, I wouldn't spend $50 on anything they offer because it's not a special deal anymore, who knows when they'll re-release it again, and there just isn't any more trust to be had that they'll stay true to their word as a company. Besides, when every other item costs $50, I no longer have an extra $50 for the next sale.
⚠ Is it too late for Gaia to change? Has it crossed your BIG RED LINE as a consumer?
It's not too late to change, but if they don't change soon, I'm certainly out. And even if I don't quit the site, I'm certainly not buying any GC any time soon.
Edit:
Totally off-topic, but I was just ignorelisted from someone's thread because they didn't like my gifs.
LOL.