Wednesday, April 26, 2017

Nintendo's Greediness

        Recently, Nintendo announced that it was going to be discontinuing their most
 sought after retro console, the NES Classic. They will instead focus on selling their
 newer console, the Switch. Here are several reasons why they are doing this:

   1. Limited Supply 
  
   The lack of foresight caused Nintendo to ship a limited amount of Classics 
 available to meet customer demand. As a result, thousands of scalpers were
 able to get one and resell them for as much as five times the retail value.

  2. Licensing Fees

   Not all of their games on there were made by Nintendo. Many other third 
 party developers such as Capcom, Konami & Taito had to license out their
 titles out to them costing Nintendo money. Eventually Nintendo will resell
 their games on the Switch's app store and can recoup the money back.

  3. Name Recognition

    Nintendo figured a way to keep people tided over until the Switch 
 came out. That was by releasing a retro console at a low price. Nintendo
 never had faith in the Classic and was treated like an appetizer at a fancy
 restaurant. They never planned to ship more out despite flying off retail
 store shelves.

   4. Console Modification

    Since it was made cheaply to keep costs down, many gamers were able
 to add more games on it. They then resold it for three times the cost. This
 angered Nintendo very much as gamers bragged about it on social media

    Personally, I think Nintendo's reputation is tarnished with consumers 
 and it goes to show how dumb they are by not making more. They either
 didn't anticipate demand or kept the supply low to drive prices up. Send 
 a message to their CEO, Reggie Fils and stop buying their products. It's 
 just downright shady.

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