With the economy being as bad as it is, I have frequently wondered how the gaming industry has been affected. Even though it seems like things that are unnecessary would be the first things to take a hit in a bad economy it has actually been proven that there are certain unnecessary things that actually don’t take as hard of a hit as one might expect. I think video games are a fantastic example of this observation.
Now, I am no professional economist, and I’m not claiming any of this to be rock hard fact around the world, but I do work at a store that sells video games and I do see certain trends. While I’ve been at work, I have seen only a slight decrease in sales since the economy started to take a turn for the worst. This really confused me since video games aren’t something that people need to survive and are for the most part very expensive nowadays. Something I have noticed though is that sales of used games have gone up, and people are more frequently trading in games to put towards credit for other used games. Console sales have been similar. It seems like less and less people care about getting brand new games now when they can get used games for just a little bit cheaper. Overall sales have decreased less than I would have expected and major titles are still being reserved by many people.
Now what could possibly be the reason for people spending so much of their money on games when they could be saving or spending money on food and necessities? It’s because video games help you forget what’s going on in the world around you. It’s a much needed break from reality where you can get away from your troubles and do whatever you want. Having car problems? Go drive your brand new Ferrari in Need for Speed. Work problems? Go be an NFL superstar in Madden. Money problems? Go rob a bank in Grand Theft Auto. Don’t like the current world around you? Jump into the World of Warcraft where things are different. Video games help people escape and deal with things that are going on in their lives. I mean who ever worries about the economy while they’re playing a game? Nobody. Agree? Disagree? Let me know.