SGT_Wolfe101st wrote: »Or ( and I like your idea and reasoning by the way) they have done the math and know that people will buy what they have put in the Crown $tore irrespective of crowns being on sale. They put up stuff today to get the impulse buys and perhaps in a week or month or never they go on sale. If they know anything it is how to price their swag.
SGT_Wolfe101st wrote: »Or ( and I like your idea and reasoning by the way) they have done the math and know that people will buy what they have put in the Crown $tore irrespective of crowns being on sale. They put up stuff today to get the impulse buys and perhaps in a week or month or never they go on sale. If they know anything it is how to price their swag.
Nahh... tons of people I know in game who do not use the forums only ever buy crowns on sale. They stockpile until the next sale.
Few do I know that ever buy crowns full price
KillingUGirl wrote: »Really? No crown store event for the anniversary sale? I mean look at all the stats eso posted.
“In these four years, we've been proud to hit some big-time milestones, including 10 million players last year.”
I mean 10 million players after four years that have spent a ton of cash. You would think the least they could do is gave back a little. And unfortunately they are missing out on some serious cash I mean we all know that zenimax is all about the money you would figure they would take advantage of every opportunity to make as much as possible.
I know for myself if crowns were on sale I would spend a minimum of $50 right this minute. I also know for a fact there are others just like me and let’s say the number of those players willing to spend a min of $50 on a sale is Only 1% of the eso community( obviously this number is way higher but let’s look at the bare minimum), that means if they would have placed the crowns on sale they would have made a min of 5 million dollars extra! Seems like a huge missed opportunity for zenimax. Sure they will still make money but not nearly as much as they could have.
And unfortunately for a lot of us after four years and all the statistics they posted you would think they could give back just a little bit just to be a little thankful, very dissapointing.
SGT_Wolfe101st wrote: »Or ( and I like your idea and reasoning by the way) they have done the math and know that people will buy what they have put in the Crown $tore irrespective of crowns being on sale. They put up stuff today to get the impulse buys and perhaps in a week or month or never they go on sale. If they know anything it is how to price their swag.
Nahh... tons of people I know in game who do not use the forums only ever buy crowns on sale. They stockpile until the next sale.
Few do I know that ever buy crowns full price
Guessing ZOS's data on the matter is a little more accurate and meaningful than yours.
KillingUGirl wrote: »SGT_Wolfe101st wrote: »Or ( and I like your idea and reasoning by the way) they have done the math and know that people will buy what they have put in the Crown $tore irrespective of crowns being on sale. They put up stuff today to get the impulse buys and perhaps in a week or month or never they go on sale. If they know anything it is how to price their swag.
Nahh... tons of people I know in game who do not use the forums only ever buy crowns on sale. They stockpile until the next sale.
Few do I know that ever buy crowns full price
Guessing ZOS's data on the matter is a little more accurate and meaningful than yours.
Unfortunately more often then not just because it is a big corporation you assume they know what they are doing and always make the best decisions and have all the best information at their fingertips, realistically this is not always the case. Irregardless the simple facts are that, even if it is a small group, there is a group that exists that will only buy crowns on sale or will spend a lot more money if they were on sale, there is a certain demographic that likes to believe they are getting a deal for their hard earned money, albeit an ever decreasing one, it still exists. Zenimax is losing a lot of money regardless of what their numbers say by not occasionally tapping into this demographic and once a year crown sale at Christmas doesn’t translate to occasionally. Especially during an anniversary event celebrating all the Money they have made off all the players they should at least have the decency to discount crowns. In fact this should be done at lest 3 times a year.
But what zenimax believes is that if they do that then more people will save their crown buying for these events and they will lose money, This is simply not true as proven by zenimax’s current sales model. Zenimax thrives on impulse sales as @SGT_Wolfe101st has pointed out. They make tremendous amount of money discounting items in the crown store or making certain items “limited” thus driving sales because everyone just has to have it right then and now, regardless of whether crowns are on sale or not. This works very well for them but what they fail to realize is that crown sales are also tremendous impulse buys opportunities just like limited items are, why limit yourself on the amount of money you can make? People currently spend money like its water, they aren’t gonna lose sales by offering a couple more crown sales a year, people will still blow their money irresponsibly lol. In fact zenimax’s current model Is based on the huge target demographic that blows through money impulsively, they aren’t gonna wait a few times year for crowns to go on sale to spend, but when they do go on sale you better believe they are gonna spend more, it’s just another impulse buy. I believe in no way whatsoever will this take away from the money they are making with limited item impulse buys and would only add to it.
No matter what there will always be a group that buys on impulse when crowns are on sale why not capitalize on them as well instead of focusing your efforts on one or two avenues of sales revenue, they should be hitting them all. People will still spend money regardless, in fact they would most likely spend more money with more crown sales per year. Not only are they missing out on the small group that only purchases crowns when on sale they are also missing out on all the rest that constantly spend a lot of money, don’t worry they will still spend a ton of cash all year and would also spend a lot more if crowns were on sale more just a proven fact. I don’t believe they would lose one dime by offering a couple more crown sales , those that spend will always spend and keep spending and spend more, and those that save to spend would just be even more additional money.
KillingUGirl wrote: »SGT_Wolfe101st wrote: »Or ( and I like your idea and reasoning by the way) they have done the math and know that people will buy what they have put in the Crown $tore irrespective of crowns being on sale. They put up stuff today to get the impulse buys and perhaps in a week or month or never they go on sale. If they know anything it is how to price their swag.
Nahh... tons of people I know in game who do not use the forums only ever buy crowns on sale. They stockpile until the next sale.
Few do I know that ever buy crowns full price
Guessing ZOS's data on the matter is a little more accurate and meaningful than yours.
Unfortunately more often then not just because it is a big corporation you assume they know what they are doing and always make the best decisions and have all the best information at their fingertips, realistically this is not always the case. Irregardless the simple facts are that, even if it is a small group, there is a group that exists that will only buy crowns on sale or will spend a lot more money if they were on sale, there is a certain demographic that likes to believe they are getting a deal for their hard earned money, albeit an ever decreasing one, it still exists. Zenimax is losing a lot of money regardless of what their numbers say by not occasionally tapping into this demographic and once a year crown sale at Christmas doesn’t translate to occasionally. Especially during an anniversary event celebrating all the Money they have made off all the players they should at least have the decency to discount crowns. In fact this should be done at lest 3 times a year.
But what zenimax believes is that if they do that then more people will save their crown buying for these events and they will lose money, This is simply not true as proven by zenimax’s current sales model. Zenimax thrives on impulse sales as @SGT_Wolfe101st has pointed out. They make tremendous amount of money discounting items in the crown store or making certain items “limited” thus driving sales because everyone just has to have it right then and now, regardless of whether crowns are on sale or not. This works very well for them but what they fail to realize is that crown sales are also tremendous impulse buys opportunities just like limited items are, why limit yourself on the amount of money you can make? People currently spend money like its water, they aren’t gonna lose sales by offering a couple more crown sales a year, people will still blow their money irresponsibly lol. In fact zenimax’s current model Is based on the huge target demographic that blows through money impulsively, they aren’t gonna wait a few times year for crowns to go on sale to spend, but when they do go on sale you better believe they are gonna spend more, it’s just another impulse buy. I believe in no way whatsoever will this take away from the money they are making with limited item impulse buys and would only add to it.
No matter what there will always be a group that buys on impulse when crowns are on sale why not capitalize on them as well instead of focusing your efforts on one or two avenues of sales revenue, they should be hitting them all. People will still spend money regardless, in fact they would most likely spend more money with more crown sales per year. Not only are they missing out on the small group that only purchases crowns when on sale they are also missing out on all the rest that constantly spend a lot of money, don’t worry they will still spend a ton of cash all year and would also spend a lot more if crowns were on sale more just a proven fact. I don’t believe they would lose one dime by offering a couple more crown sales , those that spend will always spend and keep spending and spend more, and those that save to spend would just be even more additional money.
SGT_Wolfe101st wrote: »Or ( and I like your idea and reasoning by the way) they have done the math and know that people will buy what they have put in the Crown $tore irrespective of crowns being on sale. They put up stuff today to get the impulse buys and perhaps in a week or month or never they go on sale. If they know anything it is how to price their swag.
Nahh... tons of people I know in game who do not use the forums only ever buy crowns on sale. They stockpile until the next sale.
Few do I know that ever buy crowns full price
I find it safe to assume that random guy in forum has no idea what any choice will have on a game's revenue, despite how strongly he insists he does. Dunning-Kruger for the win.
KillingUGirl wrote: »
I find it safe to assume that random guy in forum has no idea what any choice will have on a game's revenue, despite how strongly he insists he does. Dunning-Kruger for the win.
That is your problem you “assume”, just like assuming that I’m a guy lol. I however don’t make my statements based on random assumptions. I actually know the facts before opening my mouth.
SGT_Wolfe101st wrote: »Or ( and I like your idea and reasoning by the way) they have done the math and know that people will buy what they have put in the Crown $tore irrespective of crowns being on sale. They put up stuff today to get the impulse buys and perhaps in a week or month or never they go on sale. If they know anything it is how to price their swag.
Nahh... tons of people I know in game who do not use the forums only ever buy crowns on sale. They stockpile until the next sale.
Few do I know that ever buy crowns full price
KillingUGirl wrote: »
I find it safe to assume that random guy in forum has no idea what any choice will have on a game's revenue, despite how strongly he insists he does. Dunning-Kruger for the win.
That is your problem you “assume”, just like assuming that I’m a guy lol. I however don’t make my statements based on random assumptions. I actually know the facts before opening my mouth.
They have the data, it’s not too complicated to analyze. If they’re making $100 off of 100 people buying crowns, they put them on sale 50% off and they might get a 50% increase in sales, then they would make more sales but only make $75, $25 less. To be more profitable, there would need to be at least a 101% increase in sales, and actually probably more to make up for lost margin. So no, doing it for a small group is not a good idea.
Yes, I used simple numbers for those that are bad at math, but being a large corporation who has data on their sales, I have more faith in them knowing what they are doing than random people assuming when calculating sales is such a simple formula.
KillingUGirl wrote: »Really? No crown store event for the anniversary sale? I mean look at all the stats eso posted.
“In these four years, we've been proud to hit some big-time milestones, including 10 million players last year.”
I mean 10 million players after four years that have spent a ton of cash. You would think the least they could do is gave back a little. And unfortunately they are missing out on some serious cash I mean we all know that zenimax is all about the money you would figure they would take advantage of every opportunity to make as much as possible.
I know for myself if crowns were on sale I would spend a minimum of $50 right this minute. I also know for a fact there are others just like me and let’s say the number of those players willing to spend a min of $50 on a sale is Only 1% of the eso community( obviously this number is way higher but let’s look at the bare minimum), that means if they would have placed the crowns on sale they would have made a min of 5 million dollars extra! Seems like a huge missed opportunity for zenimax. Sure they will still make money but not nearly as much as they could have.
And unfortunately for a lot of us after four years and all the statistics they posted you would think they could give back just a little bit just to be a little thankful, very dissapointing.
anitajoneb17_ESO wrote: »KillingUGirl wrote: »
I find it safe to assume that random guy in forum has no idea what any choice will have on a game's revenue, despite how strongly he insists he does. Dunning-Kruger for the win.
That is your problem you “assume”, just like assuming that I’m a guy lol. I however don’t make my statements based on random assumptions. I actually know the facts before opening my mouth.
Well, you don't know any of ZOS' facts here, and still pretend to know what's good for them, better than them.
KillingUGirl wrote: »...
It’s unfortunate that these posts always have to turn into attacks on others character. If only these forums could be a place of intelligent bantering and rhetoric ...
Bottom line I am simply stating FACTs ...
DaveMoeDee wrote: »KillingUGirl wrote: »...
It’s unfortunate that these posts always have to turn into attacks on others character. If only these forums could be a place of intelligent bantering and rhetoric ...
Bottom line I am simply stating FACTs ...
Usually when someone claims they are just "stating facts," it is not "intelligent rhetoric." We would be better off never claiming that. You clearly speculate a log in your comments in this thread. Those are not just facts. And even when stating facts, a commenter selects facts that they like and ignores other facts. Ideally, they ignore other facts because they aren't relevant. What is more common is that they ignore other facts because they don't support the opinion they want to support.
I'm not even comfortable agreeing you presented facts. You seem to have said that ZOS said there were 10 million players last year and talk like 10 million different people are currently playing the game. You might want to re-check what they have actually reported. Personally, I have used 2 accounts in the past year plus 8 free weekend accounts. Do I count as one person, two people, or ten people?
KillingUGirl wrote: »It’s unfortunate that these posts always have to turn into attacks on others character.
KillingUGirl wrote: »Bottom line I am simply stating FACTs that based on universal business models ...
KillingUGirl wrote: »DaveMoeDee wrote: »KillingUGirl wrote: »...
It’s unfortunate that these posts always have to turn into attacks on others character. If only these forums could be a place of intelligent bantering and rhetoric ...
Bottom line I am simply stating FACTs ...
Usually when someone claims they are just "stating facts," it is not "intelligent rhetoric." We would be better off never claiming that. You clearly speculate a log in your comments in this thread. Those are not just facts. And even when stating facts, a commenter selects facts that they like and ignores other facts. Ideally, they ignore other facts because they aren't relevant. What is more common is that they ignore other facts because they don't support the opinion they want to support.
I'm not even comfortable agreeing you presented facts. You seem to have said that ZOS said there were 10 million players last year and talk like 10 million different people are currently playing the game. You might want to re-check what they have actually reported. Personally, I have used 2 accounts in the past year plus 8 free weekend accounts. Do I count as one person, two people, or ten people?
First of all it’s unfortunate you chose to pull my quote and use it out of context to fit your statement. Secondly if you have issue with my facts then take it up with zenimax as it is their facts and not mine. I am only quoting their facts as they have presented them. So really your questions should be directed to them if you believe there is some discrepancy in what they are reporting.
From elder scrolls website
ESO TURNS FOUR!
In these four years, we've been proud to hit some big-time milestones, including 10 million players last year. That said, the ESO community has hit some pretty amazing milestones of their own.
There was a month-long sale that ended just over two months ago.
Don't blame ZOS.
There was a month-long sale that ended just over two months ago.
Don't blame ZOS.
We are in April, there was no month long sale 2 months ago. The last sale on Crowns was in December. That mirrors the year before, when Crowns where on Sale end of 2016, then a sale for last years Anniversary in April 2017.
There was a month-long sale that ended just over two months ago.
Don't blame ZOS.
We are in April, there was no month long sale 2 months ago. The last sale on Crowns was in December. That mirrors the year before, when Crowns where on Sale end of 2016, then a sale for last years Anniversary in April 2017.