Title: Why GameStop Could Go Out Of Business In The Digital Age
Headings: Why GameStop Could Go Out Of Business In The Digital Age
Why GameStop Could Go Out Of Business In The Digital Age
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8 Lacking Content
7 Digital Gaming Is More Popular
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6 Gamestop's Market Is Shrinking
5 A Growing Digital Marketplace
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4 Streaming Services
3 World Events
2 A New Business Model
1 GameStop's Crazy Stock Prices
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Content: Many customers were going into the stores for downloads because of promotional offerings or PowerUp Rewards points. Without those bonuses, it was better to stay at home and not waste the gas. Before then, other digital items like PC games were hard to come by and some games had bonuses like discounts if you pre-ordered them through a digital store. 7 Digital Gaming Is More Popular
It is no surprise that digital gaming has been on the rise, but do customers realize how much of a rise it has had? Going back to 2009, when GameStop was for profitable and digital gaming didn't have the same market it does now, physical games made up 80% of the gaming market. RELATED: Every PS4 Game That Has A Free Upgrade To PS5
Fast forward to 2018 and the market has changed dramatically. Only two years ago, physical games made up 17% of the market. Meanwhile, digital games made up 83%. That change is only going to increase as time goes by and internet speeds go up.