Official Xbox One Thread

[Pitty]

One of my former roommates is an Assistant Manager at a Target in Miami, he just told me this:

"Yes we make some manufacturers buy back unsold items, but the bigger ones, like Apple, Sony, Nintendo and MS, we either keep it until we sell it or ship it to another store when they sell out of it."

The other crap your spewing is something I have not even argued, I only said that stores like walmart, target and BB DO NOT MAKE MS BUY BACK CONSOLES, which is what you stated.



edit: he included samsung and HP in there as well, dont blow a gasket b/c of the apple thing twigg.

edit 2: I worked in retail for four years, so I'm pretty sure I know how it works, especially when compared to you.

I thought that you knew, in addition to being a software/smartphone expert, Twigg is also now a retail expert with years of Business knowledge.

Let's be honest. System sales are slowest in the months following Christmas, a period which we are now in, and likely won't pick up until June, when High School kids are working close to full time. That's a major reason you are seeing the sales. MS gained some ground when Titanfall released and are trying to keep up the momentum in a slow period, it's not rocket science.

[MmmmBeeeeer]

While I cannot specifically add to this argument, Twigg is correct on how these sales work with most items. I know a guy that knows a guy that owns a golf pro shop and he is always getting stuck with excessive TaylorMade clubs because they release so many new clubs yearly. TaylorMade will however offer him rebates to help move his old stock and he does not lose his profit...he just gets stuck with the inventory.

[Atlas]

While I cannot specifically add to this argument, Twigg is correct on how these sales work with most items. I know a guy that knows a guy that owns a golf pro shop and he is always getting stuck with excessive TaylorMade clubs because they release so many new clubs yearly. TaylorMade will however offer him rebates to help move his old stock and he does not lose his profit...he just gets stuck with the inventory.

yes, we know that this is true with some items, but not high end electronics...

still waiting to hear from my friend btw...

[JBregz]

A guy on the midnight shift at my precinct was a loss prevention officer at Best Buy for five years before joining our department. They all told me the same thing in regards to the consoles. The retailers make almost ZERO profit on them.

My brother told me this too when he used to work at a Walmart awhile ago. So this part is true at least.

[Twigg4075]

Oh, it is. For every $500 XBOne Best Buy, Target, whoever, probably make $5-10 tops. That's probably a high estimate. Like I said, the retailers made a ONE CENT profit on every ps2 they sold back in the day. The retailers make their money on software sales.
So you better believe when these stores offer these $50 discounts plus a gift card on these consoles it is all working in unison with the manufacturer. If you think for a second Target is taking a $100 hit per console you're out of your fucking tiny minds. MS authorizes the deals to help push stock so that they don't have to refund anything and also, in this case in particular, to seriously push sales in a month where their marquee 'system seller' game releases.
It's not rocket science.

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[Glenbino]

I don't work in retail, but I work for a company that depends on retailers.. We don't accept ANY sold stock back unless the product hits a specific defect rate, and even then there are a series of fines that are levied before they're able to return the items.

Sometimes we will act as a middle man to sell our older products from somewhere like Wal-Mart or Target to Big Lots! or Burlington, but we NEVER take shit back.

These are baby products, so I'm sure the contracts are different but that's been my experience with a retailer/supplier relationship.

[Twigg4075]

I don't work in retail, but I work for a company that depends on retailers.. We don't accept ANY sold stock back unless the product hits a specific defect rate, and even then there are a series of fines that are levied before they're able to return the items.

Sometimes we will act as a middle man to sell our older products from somewhere like Wal-Mart or Target to Big Lots! or Burlington, but we NEVER take shit back.

These are baby products, so I'm sure the contracts are different but that's been my experience with a retailer/supplier relationship.

All products are different of course. Electronics is a different ball game, especially game consoles.

Most game consoles sell like hot cakes so it's never really an issue.

But these kind of deals even happen when consoles sell well. Like I mentioned with the 3DS XL BF deal at Target. I'll try to find the old tweet but at the time there was tons of speculation about the very newly released Zelda Edition being included. It wasn't mentioned in the ad and most people figured there was no chance it was included. Nintendo's official twitter account then released a statement tweet clarifying that the Zelda Edition was included.
Why on Earth would Nintendo give a shit about Target's sale?

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[Twigg4075]

Well, that took a lot less searching than I thought...


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[Primetime]

Yea, why would Nintendo give a shit about marketing one of it's largest retailers to help sell their own product? That surely makes no sense.

[MmmmBeeeeer]

Oh, it is. For every $500 XBOne Best Buy, Target, whoever, probably make $5-10 tops. That's probably a high estimate. Like I said, the retailers made a ONE CENT profit on every ps2 they sold back in the day. The retailers make their money on software sales.
So you better believe when these stores offer these $50 discounts plus a gift card on these consoles it is all working in unison with the manufacturer. If you think for a second Target is taking a $100 hit per console you're out of your fucking tiny minds. MS authorizes the deals to help push stock so that they don't have to refund anything and also, in this case in particular, to seriously push sales in a month where their marquee 'system seller' game releases.
It's not rocket science.

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I worked for a retailer back when the PS2 came out, Their cost was $291 and retailed for $299.99

Also, fun fact: The jewelry was marked up 300%, so when retailers have a 50% off sale on their jewelry, they are still making a killing off of you...not that any respectable person would buy jewelry from the place I worked at however.

[Twigg4075]

Yea, why would Nintendo give a shit about marketing one of it's largest retailers to help sell their own product? That surely makes no sense.

Then why would MS deny having anything to do with Target's XBOne deal? Which I'm still waiting for a link.

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[Twigg4075]

I worked for a retailer back when the PS2 came out, Their cost was $291 and retailed for $299.99

Was that at launch? Maybe the margin changed over time but I know at launch Best Buy made one cent profit on each console.

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[SethMode]

This conversation is getting so next level crazy it's threatening to break the internet.

[MmmmBeeeeer]

That was when they were still new, yes. I can't remember if it was right at launch though.

[Primetime]

Then why would MS deny having anything to do with Target's XBOne deal? Which I'm still waiting for a link.

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At work so no link until at least tomorrow. Nintendo was clarifying a retailers sale. Microsoft was clarifying a retailers sale.