I'm sorry, did we not read the same thread? Cause people are and have been talking about the cut the whole thread. Did you just read someone saying "people will ignore this" and skip the rest of the discussion?
I'm sorry, did we not read the same thread? Cause people are and have been talking about the cut the whole thread. Did you just read someone saying "people will ignore this" and skip the rest of the discussion?
Seems pretty simple to me:
1. Create a new Epic gift card that gives a lower percentage of a sale to the retailer
2. Sue Wal-Mart for their monopoly on gift card space inside their own store
3. ???
4. Profit
Tims issue is he positioned the launch of EGS as Steam and others unfairly charging a ridiculous margin that wasn't necessary to provide the service that they do. Only to now all this time later have to admit that he cannot offer a competitive platform without those types of margins they charge.
We were told 30% wasn't needed and that 12% made more sense. And now it turns out that offering competing products like this are directly enabled by having such a margin? Which one is it? And why is it never his fault? The store is still vastly inferior but we cant give them a hard time for it because they need more time? They can't offer the services/products that competitors offer but that's not their fault and we should blame physical retailers?
How about if you cannot be competitive in the market with the same rule set that applies to your competitors then maybe you aren't a well run business. Maybe all of that patting yourself on the back about how only your margin system was fair and just was a bunch of smoke you blew up everyone's asses and now people are seeing through it when you can't offer the conveniences of your competitors. Maybe trying to hide behind "Why don't you want to see devs make more money" is a nonsense smokescreen that loses its luster after the 15th time its used as a smokescreen for an inferior product that's not improving at the expected pace.
Tim deserves every bit of shit he gets. And no its not retailers faults. If you want to harp on "They have too high a margin!" then you needs to live and execute that energy with your competing product, and they aren't. I'm sure that the issue here IS that their margins are too low, and that's exactly what the hell many of us said from the jump.
I really think it is just trouble for everyone involved.
So you're telling me that the other players are talking a higher margin because... They're providing actual services? Who would've thought.
It's almost like the 30% cut is rather sensible and a 12% cut isn't actually a business practice that one can sustainably operate a store on, like epic's court documents also show.
It's almost like the 30% minimum serves an actual meaningful purpose in this particular case.
Making it exclusively about Steam is a very Epic thing to do ...
So Tim is saying that a 12% cut is not enough to run an actual legit store that can scale upwards and provide necessary features to costumers?
Nice to finally hear him admit what we've all been saying (and seeing) for years now.
Almost as if there's reasons other stores are taking 30% (or at least more than bare minimum that in-theory turns profitable after a decade of being supported by Fortnite money). :P
Tims issue is he positioned the launch of EGS as Steam and others unfairly charging a ridiculous margin that wasn't necessary to provide the service that they do. Only to now all this time later have to admit that he cannot offer a competitive platform without those types of margins they charge.
We were told 30% wasn't needed and that 12% made more sense. And now it turns out that offering competing products like this are directly enabled by having such a margin? Which one is it? And why is it never his fault? The store is still vastly inferior but we cant give them a hard time for it because they need more time? They can't offer the services/products that competitors offer but that's not their fault and we should blame physical retailers?
How about if you cannot be competitive in the market with the same rule set that applies to your competitors then maybe you aren't a well run business. Maybe all of that patting yourself on the back about how only your margin system was fair and just was a bunch of smoke you blew up everyone's asses and now people are seeing through it when you can't offer the conveniences of your competitors. Maybe trying to hide behind "Why don't you want to see devs make more money" is a nonsense smokescreen that loses its luster after the 15th time its used as a smokescreen for an inferior product that's not improving at the expected pace.
Tim deserves every bit of shit he gets. And no its not retailers faults. If you want to harp on "They have too high a margin!" then you needs to live and execute that energy with your competing product, and they aren't. I'm sure that the issue here IS that their margins are too low, and that's exactly what the hell many of us said from the jump.
Can you not buy any Steam cards at any retailer online?
I don't think I have ever checked until yesterday when I had $25 in Amazon credit
Gift cards regardless are a huge benefit for customers and EGS for w/e reason not getting them is a big loss for the customer. Some of Y'all talking about the gift card system being a work of its own to keep up but Epic has lots of money to burn. Why can't they invest in this critical feature instead of wasting all of their cash on exclusivity deals?
I know you're being sarcastic but..
its not so much about steam as much as it is about gift cards losing you money because you have to produce them which costs money and then sell them in store and the store has to get a cut too otherwise why would they sell them? epics cut is already low so unless they want to raise their cut theyll be losing money on giftcards just like steam already does.
even sweeney made a tweet about this
This makes sense but its Epic Games Store so we must be super mad about it anyway and call him a liar.
This makes sense but its Epic Games Store so we must be super mad about it anyway and call him a liar.
You read all the comments/facts that people have made and thats the reply you thought was worth your time?This makes sense but its Epic Games Store so we must be super mad about it anyway and call him a liar.