![]() And looking more broadly across the general retail spectrum it was obviously a transformational holiday season for a number of hard-line retailers.” Some have argued that this decline was caused by title fatigue, others have argued for a need for new consoles. Console upgrades were also not as meaningful as we had hoped. “That decline reflected the impact of all the below-cost discounts and complimentary gift cards that we saw from Black Friday that ultimately carried through the holiday season. ![]() “The 2016 holiday was also more promotional than prior ones with average hardware prices down 15 percent versus prior years,” he explained. Most publishers began discounting titles much earlier than previous years, leading to a steep decline in retail pricing, Raines said. However, according to NPD, excluding Pokemon, the top eight physical software titles actually declined over 40 percent from October to December compared to the top eight release in the same timeframe in 2015.” “Experts were still expecting a 5 percent decline for the year. “Our internal model, which aggregates PwC, DSC and IDG, forecast only a 5 percent decline even as latest September,” Raines said. “We encountered stiff headwinds as we completed the third year of the console cycle,” Raines said.Īs a result, the physical games category declined 15 percent and GameStop brand lost a “small amount” of market share during the holiday period due to deep discounting. Historically, growth in PowerUp Rewards brings us great benefits and, if you are a PowerUp Pro member, you know that the pro-gaming pass pro-days and exclusive offers are a few examples of new value for your membership.”īut, 2016 was a more challenging year than GameStop officials forecast. “As a result, we grew our membership based in 2016 and they are rewarding us with greater frequency and larger average purchases. “We have recently strengthened our PowerUp Pro program with ritual rewards,” Raines said. What’s more, Raines noted, PowerUp Rewards members spend roughly six times more than nonmembers, and three times more than basic members. “In 2016, our PowerUp members drove 71 percent of our sales volume in the United States, so they are very important to us.” “GameStop has an extensive loyalty CRM program known as PowerUp Rewards,” GameStop CEO Paul Raines said during the company’s recent fourth-quarter earnings call. ![]() Pro-only access to exclusive offers and eventsġ2-Month GameInformer Magazine Subscription (digital or physical)Īt time of sign-up, you will be automatically enrolled in auto-renew (manage auto-renew settings here).Īll perks will be applied to your GameStop account automatically and can be found by visiting your Account Dashboard.Despite a challenging fiscal 2016, GameStop’s PowerUp Rewards loyalty program continues to be an invaluable asset. non-pro member 10 points per dollar)ġ0% extra trade credit on games, accessories & tech Issued on the 1st of every month and expires on the final day of the month it is issued (does not rollover into subsequent month).Ģ0 Rewards Points earned on each dollar spent (vs. $5 Monthly Reward Certificate ($60 total annually) Valid for $5 off one single in-stock item $5 'Welcome' GameStop Rewards Certificate (one-time signup bonus) May be redeemed for a $10 GameStop Rewards Certificate (valid for $10 off one single in-stock item)Īllow up to 24 hours after signup to post to your account. Receive the following limited-time signup bonus via this offer: Note: Offer valid for new, upgrading or renewing Rewards Pro customers.ġ-Year Digital GameInformer Magazine Subscription included $14.99ġ-Year Physical GameInformer Magazine Subscription included $19.99 Thanks to community member kenmikec for finding this deal. GameStop Stores offer a 1-Year GameStop PowerUp Rewards Pro Membership + 10,000 Bonus Sign-Up Rewards Points + $5 Rewards Welcome Certificate starting at $14.99. Combine that with your $10 Reward Bonus, and your Pro Membership has paid for itself." I do not see this online but the latest Gamestop deal email says:įor a limited time, sign up for Pro and save $5. This was posted in Oct but seems like it is back.
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