![]() But the numbers make things look like the results could be epic. I probably don't need to go into the implications of GameStop PowerUp members being unleashed into the GameStop NFT Marketplace upon its full release. In fact, you try to retain more of their wallet share (like by relieving them of a 10% discount). You do this with incentives to buy for new customers, not necessarily with incentives for those who are already heavily buying. Remember, GameStop's leadership keeps highlighting top-line growth (i.e., revenue). Those discounts do add up, especially if folks are buying for resale. It also leaves more money in GameStop's coffers. this move brings in customers who might not already be visiting the store/website frequently (like someone maximizing the 10% discount would already be doing). What's especially exciting is the pivot from a % discount on purchases to a $5 reward coupon that occurred three years ago. Forty million members in 2017 was already a big number. Aside from Cohen, his team, and us apes, PowerUp members might be the biggest asset GameStop has going for it. ![]() GameStop's PowerUp users are customers, fans, and, hopefully, a loyal base of early adopters (looking at you NFT Marketplace). The most effective route to BUY, HODL and OWN GameStop SharesĬould broker diversification be the catalyst? Or is it just a good idea?ĭiscord Daily Thread DRS Guide AMAs DD Library Hide CS Posts The GME Masters' Guide: A DD Campaign for Apes Levels 1-20 Looking to catch up on the GME Saga? Start here!Įverything Superstonk Knows About Naked Shorting - A Definitive Guide Visit /r/VeryGMErryHolidays for info on Superstonks annual Toys for Tots charity event! New here? Start with these: The Superstonk Library aka gme.fyi Comment !apeprove! anywhere on the sub to be added to the list of pending approvals.Approved Users will bypass these karma and age restrictions entirely.Not enough karma? Post your DRS Proof /r/GMEOrphans.*total post and comment karma only, excludes award karma | Marketplace Creator| Submission requirements: Community Posts Wiki || Rules || Automod Info Post Flairs But with Xbox Series X and PS5 on the way, it remains to be seen whether the brick-and-mortar retailer will sink or swim with the next generation of hardware.A place for theoretical discussions about GameStop Stock ($GME). The new PowerUp Rewards Pro membership benefits are the first of many changes we're sure to see more of this year. In an attempt to turn things around, GameStop has relaunched its website (absorbing ThinkGeek in the process), leaned harder into collectibles, and tested new pilot stores focused on competitive gaming, retro games and hardware, and more. With the rise of digital gaming, it's been rough times for GameStop, which has seen plummeting stock prices, store closures, and employee layoffs over the past year. Option to donate points to charity (Make-A-Wish and Extra Life).Auto-renewal option to avoid lapse in membership.10% extra trade credit on games, accessories, and tech. ![]() 20 points for every dollar spent (free members get 10 points for every dollar).Exclusive offers and savings during Pro Day sales.Choice of two Pro membership levels: $20 with physical Game Informer, $15 for digital version.Instant $5 coupon as a welcome gift for signing up.$5 monthly coupon ($60 annually, must be redeemed monthly).Here's an overview of everything the PowerUp Rewards Pro membership includes now: The monthly coupon program comes out to $60 reward credit annually however, for some gamers who often buy used games and accessories at GameStop, the 10% discount may have been much more valuable long-term. However, if you opt for a digital copy of Game Informer instead of the physical magazine, you can drop your price back down to $15. GameStop increased the price of PowerUp Rewards Pro membership from $15 to $20 a year last year. "Based on customer feedback, our PowerUp Rewards Pro-level membership has evolved to provide our most loyal customers the opportunity to choose how they want to be rewarded," Frank Hamlin, chief customer officer, said in a press release. It's no secret that this change was on the way-GameStop has been testing out the benefit in select stores since last summer, and according to the retailer, it saw a double-digit increase in Pro membership sign-ups as a result. Now Playing: Top New Video Games Out On Switch, PS4, Xbox One, And PC This Week - February 23-29, 2020 By clicking 'enter', you agree to GameSpot's
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