Wednesday, July 7, 2010

Do you think video game rental is a good idea for a business?

I was thinking of starting a side business where I would bring any kind of video game (xbox, ps3, wii) to your house for parties? Would you use anything like that?Do you think video game rental is a good idea for a business?
good idea but i doubt you'll get anywhere....most kids can just get it from their friends for freeDo you think video game rental is a good idea for a business?
For a side business? No, It won't work to well because you will really have no way of assuring that your product will be returned or if it is returned that it will be in good condition. There is alot of competition out there for it, Gamefly, Hollywood Video, Movie Gallery, Blockbuster, all that. I would say you should pass on this idea, but im sure you can find something else even better, Try to get something that hasn't been done, start your own different type of business. And if it's profitable and does very well, make sure to hire me in a high position XD
Do some research and get some real numbers on how much you would spend for inventory and how long it'll take you to make back your initial investment. To do this, you'll also need to try and quantify the demand for your product. In my opinion the market seems small, you might want to look into other related markets.
it depends where you live, if you live in japan or china town then kung pow u got alot of money, for a few days, they will just burn em all and give copies to there friends, but anyway it depends on location...
They have something like that.


I think it's called b-l-o-c-k-b-u-s-t-e-r, but I'm not sure.
Wont make it. Video rental is dying.Game rental will too already can get them for next to nothing
yeah but you have to have alot of games!! sell them cheaper than blockbuster, let the town know about it, and u'll be making bread!!!
no, they will get f'd up and/or stolen
i dunno its expensive cause some people can steal the rentals and keep em
Blockbuster already does that. Also hollywood video..uhh...they all do it.





I think people will just go to blockbuster or buy them. Or, trade them for new games.





Also: People who are renting game systems, especially for things like parties, know how to use game systems (anyone can do it, i mean, 5 year olds can operate the things, and almost everyone has played once, and that's all you need). Seriously, they designed these things so idiots could figure it out, and games are easy to figure out. My mom figured out the new football game, and she can barely use the computer (she's not big with technology).





Everyone has systems of their own, as well. And, friends bring theres for special occations. My family has multiple systems. We have 2 Wii's for example, and that's not that rare. Games are almost next to nothing right now, with the economy down, and again, blockbuster is a trusted source.





Your going to owe a lot of maintance, since systems are fragile. When people don't own stuff like that, they beat it up. Imagine a Wii at a 8 year old boy's party. Poor thing wouldn't stand a chance. Disks get scratched, too. And game systems are pretty picky about scratches. They're not as forgiving as DVDs. Your going to be replacing stuff left and right, and your going to have to do something about those nasty people who think the word ';rent'; means ';steal';.





And, no one is going to want a strange dude hanging out in there house with them while they play, especially when they have friends or lots of people over. Sounds to me like you just want to go to people's houses to play games.





I would really think before putting a lot of money into that. Just being honest here. It won't do that great.

No comments:

Post a Comment