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skyfire

PS 5 Possible Price Increase for Membership?

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Posted

I don't know the plans of Sony during the world undergoing the recession. I am wondering if in near future they may increase the prices for their products. 

Do you see Sony increasing the prices once the PS 5 hits the mainstream all over the world?

Posted

It wouldn't surprise me at all if they did. Corporate greed is higher than ever, and they know gamers that are die hard PlayStation loyalists will pay whatever price they set for their new systems. We're talking millions of systems sold in the first week worldwide. Multiply that by say, $650 per system, that's looking at $650,000,000 to start. That's not pocket change.

Posted

Indeed considering during the lockdown a lot of game companies are making more money than medicine companies. So kind of makes me think they may increase the prices in near time soon. 

Posted

That would be incredibly unfair. If anything, Sony has benefited from COVID-19 in terms of gaming. More people are purchasing from the PS Store, why change something if it isn't broken? That being said, the demand is incredibly high so they can increase their prices and see no negative effect. 🙃

Posted

Oof. That would be horrible for those people that want to get it. I don't see my husband doing that unless a lot of his friends jump on board and get the PlayStation and he wants to game with them but even then he is going to be hard pressed if the price goes up.

Posted

Let's hope not but I am certain they eventually will. It's all about supply and demand and people will still pay whatever Sony will charge.

Posted

Yes I am certain too that this may eventually will happen as well. Because the industry has gone pretty much greedy and we can't do about they increasing the prices. 

Posted

I doubt it. They already did they market research to come up with the price they are at now for online services. They're already charging 400 - 450 for the console so it would be like a double-whammy to hike subscription costs.

Posted
On 5/26/2020 at 5:27 AM, skyfire said:

I don't know the plans of Sony during the world undergoing the recession. I am wondering if in near future they may increase the prices for their products. 

Do you see Sony increasing the prices once the PS 5 hits the mainstream all over the world?

I believe that it's all going to be dependent on the forces of demand and supply. It will go a long way in determining what they would do with the price in the future. 

Posted
On 5/26/2020 at 5:27 AM, skyfire said:

I don't know the plans of Sony during the world undergoing the recession. I am wondering if in near future they may increase the prices for their products. 

Do you see Sony increasing the prices once the PS 5 hits the mainstream all over the world?

There is no way you would expect them to lower the price of the console now. It's not feasible because of high cost of its production. 

Posted
10 hours ago, Justin11 said:

I believe if Sony see increase in the demand of their video game console products they'll simply spike the prices to gain more. 

It's always the routine of all companies to try as much as possible to make more money from selling their products and gaming companies aren't left out with what Sony has been doing with their PS consoles. 

Posted
13 hours ago, Heatman said:

It's always the routine of all companies to try as much as possible to make more money from selling their products and gaming companies aren't left out with what Sony has been doing with their PS consoles. 

Yes, Sony got tremendous strategies to market their consoles and drive much of the sales. That's how profit comes in bounty because they marketed their video game console very much high.

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