Over the past week FD has ran into some issues with their price points on ED and it's expansions.
The Lifetime Expansion Pass will cost you about 200.00 USD
It costs those from Britain 130.00 GBP
It costs people from Russia 12,970 PRUB (about 210.00 USD)
The Horizons only Expansion will cost about:
USD - 59.99
PRUB - 65.00 USD
GBP - 49.99
PRUB/Russia's Prices were raised this morning from 9970 PRUB to 12,970 PRUB because everyone was buying it at that price point due to it being 40$ USD cheaper then if you actually bought it using US Currency amounts.
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Over the past Year FD's stock has dropped over 25%, and in the last 24 hours FD's stock has dropped over 1.74% and is still dropping. The Media and game review companies are having a feeding frenzy with FD's suspected "Overcharging" to attempt to create an influx of profits to restore their stock prices and companies longevity.
However, 1000's of consumers have already refused to buy and stated they would not be buying any of Elite Dangerous's expansions at their current pricing. In fact you can find several Boycotts against FD and Elite dangerous currently going on, on Reddit as well as several other known gaming forums. Past supporters of the game are turning on FD because their US price points are so high.
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As an investor, I have done a lot of research into this company in the last 24 hours, and from such have found that unless they increase their sales, they will not be able to deliver on their development plans, as their company will bottom out.
HOWEVER, this is solvable. It has already been shown that their largest consumer base (The US) are willing to buy en mass, the expansion and the LE at around 140.00 USD for the Lifetime pass and 39.99 USD for the expansion. FD could simply lower their price points, and increase their sales 10 fold, as well as alleviate their currently.. Horrible media coverage.
Their Primary consumer base (The US) has spoken, either FD will lower their prices, or this games future is looking very bleak, since refusing to heed these warnings will result in FD losing not only 1000's (if not 10's of thousands) of players, but also hundreds of thousands, if not millions in potential revenue.
The surest way to kill your game as a company is to charge prices for which the Primary consumer bases economy can not support, or will not support.
FD is new to Modern gaming, hopefully this post will get them to look into this, and hopefully they will take action while they still can. I love the game, but the 200.00$ price tag for the LE is bit much, even for me. I may still buy it simply because as I said I love the game. But it's blatantly apparent that 1000's of others will not or can not afford to.
FD Stock priceing can be found here: https://www.google.com/webhp?source...&espv=2&ie=UTF-8#q=Frontier+Development+stock
It should be noted that obviously I do not work for the company, nor do I have access to their financial records. However from what I can tell from public records, the above is an accurate description of the current situation.
Sales and Consumer Chart Proof as requested:
The Lifetime Expansion Pass will cost you about 200.00 USD
It costs those from Britain 130.00 GBP
It costs people from Russia 12,970 PRUB (about 210.00 USD)
The Horizons only Expansion will cost about:
USD - 59.99
PRUB - 65.00 USD
GBP - 49.99
PRUB/Russia's Prices were raised this morning from 9970 PRUB to 12,970 PRUB because everyone was buying it at that price point due to it being 40$ USD cheaper then if you actually bought it using US Currency amounts.
-----
Over the past Year FD's stock has dropped over 25%, and in the last 24 hours FD's stock has dropped over 1.74% and is still dropping. The Media and game review companies are having a feeding frenzy with FD's suspected "Overcharging" to attempt to create an influx of profits to restore their stock prices and companies longevity.
However, 1000's of consumers have already refused to buy and stated they would not be buying any of Elite Dangerous's expansions at their current pricing. In fact you can find several Boycotts against FD and Elite dangerous currently going on, on Reddit as well as several other known gaming forums. Past supporters of the game are turning on FD because their US price points are so high.
-----
As an investor, I have done a lot of research into this company in the last 24 hours, and from such have found that unless they increase their sales, they will not be able to deliver on their development plans, as their company will bottom out.
HOWEVER, this is solvable. It has already been shown that their largest consumer base (The US) are willing to buy en mass, the expansion and the LE at around 140.00 USD for the Lifetime pass and 39.99 USD for the expansion. FD could simply lower their price points, and increase their sales 10 fold, as well as alleviate their currently.. Horrible media coverage.
Their Primary consumer base (The US) has spoken, either FD will lower their prices, or this games future is looking very bleak, since refusing to heed these warnings will result in FD losing not only 1000's (if not 10's of thousands) of players, but also hundreds of thousands, if not millions in potential revenue.
The surest way to kill your game as a company is to charge prices for which the Primary consumer bases economy can not support, or will not support.
FD is new to Modern gaming, hopefully this post will get them to look into this, and hopefully they will take action while they still can. I love the game, but the 200.00$ price tag for the LE is bit much, even for me. I may still buy it simply because as I said I love the game. But it's blatantly apparent that 1000's of others will not or can not afford to.
FD Stock priceing can be found here: https://www.google.com/webhp?source...&espv=2&ie=UTF-8#q=Frontier+Development+stock
It should be noted that obviously I do not work for the company, nor do I have access to their financial records. However from what I can tell from public records, the above is an accurate description of the current situation.
Sales and Consumer Chart Proof as requested:
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