Joystiq posted a leak that Sony’s sending out a new 80GB PS3 bundle exclusively to Best Buy, priced at the same $399.99 and scheduled for availability on June 9, the week following E3. Two years ago, the news of a $100 price drop made waves, but–assuming two relatively recent, non-Greatest Hits games–this bundle effectively the same savings: $100 or so.
The problem why this isn’t gaining any excitement (at least from the snarky, jaded gaming forum-goers) is that, while adding value to the current box, the actual out of pocket cost isn’t decreasing.
Is a penny saved, in this case, a penny earned?
The obvious argument against a bundle strategy is that it won’t be universally appealing because not everyone likes the same kinds of games.
It makes sense for Sony. Â Though they’ve been able to streamline manufacturing and drive down costs, they’re still losing money on every box of hardware that leaves the factory. Â However, software (especially if it’s Sony-published) is more or less “free. Â They’ll “not make” money instead of “lose more” by using the software bundle strategy.
However, all Joe Consumer wants is that leading digit of the price to tick down to a 2. The first digit of an item’s price is a very powerful psychological force and why $299.99 is irrationally more attractive than $300.00, despite a penny’s difference. Â Say it out loud. Two-hundred, ninety-nine dollars and ninety-nine cents. Three-hundred dollars. Â All you can hear is “two-hundred” versus “three-hundred.”
However, the existence of this new bundle doesn’t preclude the announcement of a price-drop of a non-bundle package. Â But if that existed, wouldn’t it have been uploaded to Best Buy’s computers at the same time? Â Was it held back to prevent the same leaks that happened at Circuit City? If that’s the case, again, why wasn’t this listing held back as well?