Did you know?

We've added more customization tools to make your reading experience more personal. You can now adjust the background color, font and font size for this page and any other content page by hovering over the image below.Log in to have your settings saved for future visits.
 
 
News

GameStop Focusing on Casual Gamers in 2008

| 23 Jan 2008 18:00
image

Gaming retail giant GameStop has indicated it will shift its marketing efforts to more casual gamers in 2008, as the industry sees mainstream acceptance continue to grow.

A Next-Gen report quotes Lazard Capital Markets analyst Colin Sebastian as saying that while GameStop currently focuses on the more hardcore gaming market, which tends to buy products at higher prices than casual gamers, the company intends to broaden its efforts to reach a more mainstream audience in the coming year. Executives with the company have already said that casual and family games would receive special sections within their stores.

"Management indicated that the company is making progress in broadening its consumer base as videogames move into the mainstream, and there is broad consumer demand for Nintendo platforms (Wii and DS)," Sebastian said. "We note that merchandising to a broader consumer audience will remain a strategic priority for GameStop into 2008."

He also added that despite the economic slowdown in the U.S., management feels the company is in "good shape," and that a focus on pre-owned games will appeal to "budget-minded" consumers as the demand for software takes precedence over next-generation hardware purchases.

RELATED CONTENT
MATTHEW MERCER | 22 May 2009 22:00
CHRIS CHAFIN | 19 Apr 2011 13:47
JOHN FUNK | 4 Jan 2011 12:49
BEN "YAHTZEE" CROSHAW | 3 May 2011 16:00

Comments on