GoKawiilThe price gouging of Pokémon cards has become such a problem that last week during a shareholding meeting, Nintendo president Shuntaro Furukawa acknowledged that the current retail environment has led "to high-priced reselling in the market." In other words, the Pokémon trading card game (TCG) has a problem with scalping. To combat this, Nintendo says that it and The Pokémon Company will "take measures to respond to this issue." Well Furukawa-san, if you don't mind me making a suggestion, the first company that needs to be investigated for this is GameStop.
For many collectors, GameStop's practice of marking up Pokémon cards (and a ton of other TCGs) is pretty well known at this point, as the company doesn't do much to hide it. For example, an Ascended Heroes Booster Bundle costs just under $27 at the Pokémon Center. With each booster bundle including six packs of cards, that averages out to around $4.50 per pack. Not an outrageous amount for colorful cardstock that can also be used to play a game.
However, if you go over to Gamestop.com, you'll see the exact same product listed for $90, or a bit over $85 if you pay for a GameStop Pro membership, which on its own costs another $25 a year. That right there is a markup of over 200 percent, resulting in packs that cost closer to $15 each. Suddenly, things aren't so affordable, especially if you're a kid trying to scrape together funds just to buy some cards. And while GameStop's gouging isn't quite as bad for less popular sets like Perfect Order and Chaos Rising, paying 2x over the retail price will never feel good.
Sam Rutherford for Engadget
But recently, GameStop reached a new low when it sent out an email alerting people that it was taking in-store pre-orders for the Pokémon 30th Anniversary Celebration set due out later this fall, which is by far the most anticipated release of the year. So I figured I'd mosey on down to my local branch to see how much gouging was happening this time. And boy, I was not prepared. Similar to Ascended Heroes, 30th Anniversary Booster Bundles are going for $90. Meanwhile, the price for Elite Trainer Boxes, which is often the most sought after product type, were going for $170. Considering the regular retail price of a specialty set ETB is $55, that's once again more than a 3x markup.
But then things got extremely depressing when the very helpful clerk told me that the price of the 30th Anniversary Ultra-Premium Collection at GameStop was set at $600. Compare that to the Mega Charizard Ultra-Premium Collection from last year's Phantasmal Flames set, which cost just $120 direct from the Pokémon Center. Granted, The Pokémon Company has yet to reveal official pricing for these products, but if upcoming pricing is in line with previous offerings, that means GameStop is marking up the product by a whopping 400 percent.
Sam Rutherford for Engadget
Furthermore, if you'll notice, GameStop cleverly doesn't list the price of these upcoming items online, or in-store either, at least at my location. That seems to be by design, because it allows the company to raise prices with little to no notice, which is exactly what it did. When pre-orders for the 30th Anniversary set first became available, disgruntled Redditors discovered that items like ETBs were actually listed for slightly cheaper at $130. This was also confirmed to me by my local clerk, who said that prices had already increased at least once and suggested that I should put down a reservation in case prices climb even higher.
Unfortunately, because I didn't see the online chatter about GameStop's predatory pricing before I got there, I'm ashamed to say I reserved one ETB so I could get concrete proof of the company's despicable tactics. And to add insult to injury, GameStop requires customers to pay half the cost of a pre-order up front, which means the $85 I paid only accounts for half of the ETB I reserved. But here's the receipt as evidence and a warning, so hopefully others don't get pressured into making the same mistake.
Sam Rutherford for Engadget
... continue reading