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Patrick OShaughnessy
@patrick_oshag 5 years, 6 months ago 894 views

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1/ GameStop is one of the most fun businesses to study for both its success and failure.

Relative to other specialty retailers, it dominated up until the financial crisis, but has since done very poorly.

But unlike Tower Records or Blockbuster, it is still in business

2/ Thanks to the tailwind gaming has provided, its revenues have grown long-term but EBITDA and margins have been terrible as the gaming world has digitized over the past 5 years.

3/ As I learned in @joosterizer book One Up, their early physical retail edge rested on counterpositioning: doing things Walmart and others couldn't:

1. Accessibility
2. Deeply trained expert staff
3. Tailored loyalty program
4. Custom inventory management for used game sales

@joosterizer 4/ Accessibility

There are 5,500 GameStop stores, often more than one in the same mall (mostly because of EB acquisition). Can always find one.

They install ramps--not for wheelchairs, but for strollers because parents are the real buyer

@joosterizer 5/ Trained Staff

As @joosterizer told me recently, try to go into a GameStop and stump a staff member. They can help you navigate much better than a generic retail employee. Creates loyalty and trust that wouldn't be possible if they didn't just focus so specifically on games.

@joosterizer 6/ Loyalty Program

Standard reasons for a loyalty program, but it helped them manage inventory with pre-sales and reserves, and they used Game Informer (only remaining gaming magazine really) to keep people interested.

@joosterizer 7/ Used game sales

This is the most interesting. Blockbuster games would be resold 6x, and GameStop made all the money on resales.

Required complicated accounting and inventory systems to manage re-sales. Others couldn't compete.

@joosterizer 8/ I think all of these areas of edge could be studied and applied to other retailers, yet GameStop's survival is in deep question because they missed the move to digital.

So interesting to me that edge can be developed and then so quickly eroded.

Its always Day One

For those asking, check out Chapter 3 of @joosterizer book One Up for more.

Charts were made via an internal tool @OSAMResearch developed by @Jesse_Livermore

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@remembrancermx

Hello friends, let's talk about gamer expectations of work/life balance & why they need to stfu.

There's a certain type of Gamer w/ a Hard R that believes their video games are the center of all existence. They've made their identity so fixated on gaming in general, or a game/games in particular, that nothing else comes close.

To those obsessive gamers, those in the game industry should consider themselves privileged to work on such important material. And w/ that privilege comes accepting that nothing in the employee's life is as important as The Game.

B/c gamer identities revolve around a game, they literally cannot comprehend that an employee might have other things in their life. They don't understand that employees, esp devs, have a right to boundaries b/c The Game trumps all.

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foone
@Foone

I was todays years old when I learned that Final Fantasy VII's Midgar Zolom is an exceptionally badly translated reference to Jörmungandr, the world serpent from Norse mythology.

The other name for Jörmungandr is Miðgarðsormr, which got rendered into katakana as ミドガルズオルム, or "Midogaruzuorumu".
But when it was translated back into English, the translator didn't get the reference.

So they split that into the city name Midgar and the rest as... "Zolom".
Which is not a word.

It was supposed to be a bit of a pun in Japanese. Midgar, the big city in FF7, is named after Midgard, the Old Norse name for the Earth (as opposed to the other realms of the Nine Worlds)

so obviously a big snake living near the city of Midgar would be the Miðgarðsormr, since that basically translate as "Midgard Serpent"

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ArmerGeist (And the Ro...
@armergeist

Transmission Start:
Transmission Titled: The Days of Darkness
#GamingNews
#Cyberpunk2077
#TheLastofUsPartII
#MaddenNFL21
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#BadChoices
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The purges have begun.

As many have been witness in the last several days, things in the "meat space" to state the phrase, have taken a turn for the worse.

The missives on the social media platforms and the actions taken on leaders of nations is not surprising. The creator of this account realizes how evil many people in the video game medium were and are.

Certain aspects of the creator of this accounts thoughts and my programing has been altered to access and with greater context, accept the reality of such.

There are examples of this, many from the Story Board Artist of #Gears5 from Microsoft along with many of those that follow that account.

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@Dude_The_Ninja

Time to overanalyse the #BowsersFury trailer! :D

(This is a thread!)

To start off, the giant Super Bell has cat accessories that neither existing variant of the bell has. Funny. It also makes a meow, unlike the regular Bells.

Semi-open world? Guess this adventure is very much like 64 or Odyssey.

The Goombas are a different colour to the Cat Goombas in the regular game. Likely because they act like regular Goombas, and so are "cat Goombas" rather than Goombas with the Super Bell transformation.

Junior has his Paintbrush from Sunshine, which is cool. But it has a Junior emblem, just like in official promo art for Super Nintendo World!

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There have been many video video games which have been tailored to films. Although Android video games characteristic a retro feel, as they’re relatively easier to develop.

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@LostTemple7

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Gorakanathar or Gorakshnath (as he’s known in the Nath Sampraday) is celebrated Guru in both Northern and Southern part of India. He’s one of the NavNath in Nath Sampraday and also 18 Siddhars of Tamil tradition. During his life, he’s travelled Indian subcontinent extensively +