Arcade Collecting > Arcade1Up & Similar
Could the Arcade 1up thing have been succesful if handled differently?
Malenko:
--- Quote from: yotsuya on February 25, 2019, 12:31:35 pm ---Nine figures is $100,000,000, or a hundred million dollars. I have a very hard time believing that figure.
--- End quote ---
They must be finessing the numbers saying they sold 250,000 products worth $400 MSRP. Those are the only sane numbers I can come up with and that's factoring in that Rew bought a crate of them.
That or they include the 2 numbers after the decimal point as part of the 9 figures.
JDFan:
--- Quote from: Howard_Casto on February 25, 2019, 01:31:18 pm ---Ok let's do a bit of math to find out. Let's say that they charged retailers $200 bucks a pop for these things. That'd be half a million they need to sell. There are 6363 Walmarts in the US and let's just assume that each one bought an average of 10 units. That means they probably sold about 64,000 units to walmart. They probably sold around the same to each retailer, so it's possible, but man that sounds like a stretch. If they sold em for $300 a piece it would be about right, but that means that walmart and all of these places were losing money every time they marked them down to 200 and not making a dime when they were 300 (which has been practically the whole time they've been on sale). That sounds unlikely.
--- End quote ---
10 per store sounds low - figure for Black Friday the stores near here had 20 - 30 of the Pacman and Galaga cabs and at least a couple of each of the other offerings (SF, Rampage,Asteroids,Centipede)
Here is the video where the President and CEO Scott Bachrach mentions it being a 9 figure business for them at 04:50 - 05:10 ( )
Howard_Casto:
--- Quote from: JDFan on February 25, 2019, 02:46:22 pm ---10 per store sounds low - figure for Black Friday the stores near here had 20 - 30 of the Pacman and Galaga cabs and at least a couple of each of the other offerings (SF, Rampage,Asteroids,Centipede)
Here is the video where the President and CEO Scott Bachrach mentions it being a 9 figure business for them at 04:50 - 05:10 ( )
--- End quote ---
It might sound low if you are in an area with a large population and assume that all Walmarts keep the same amount of inventory as yours, but I assure you they don't. Our Southridge location (aka the "big" Walmart) got 30 or more in, but all the surrounding ones got 5 or less. 10 is about right by my guesstimates. It might be a little more or a little less, but I think it's in the ballpark.
You can't go by presentations.... they always "upsell" the product to lure in investors.
Malenko:
Definitely a marketing guy, spewing all the buzzwords he can think of.
Haze:
--- Quote from: Zebra on February 24, 2019, 04:07:39 pm ---surely they could have gotten Ridge Racer, Daytona, Star Wars Trilogy
--- End quote ---
That would also have meant using less ---smurfy--- hardware, or actually porting the games, using existing ports of the games, or making an effort with their emulator licensing.
They apparently couldn't even be bothered to use hardware good enough to use a version of MAME they were legally entitled to use, for basic games that weren't even overly demanding.
At least the electronics and software side of thing was clearly done at the lowest possible cost, like the majority of these products. From what has been said elsewhere the rest wasn't much better.
Minimize costs, maximize profit, don't really care about the actual product. That's all I get from everything I've read about these; they probably spent more on trying to hide what they were doing / make things awkward for people hacking them. Games with actual system requirements were never on the cards, regardless of if they could get licenses or not.
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