"Gamers Are Spending 700 Dollars a Year on Games...&quo

[Wunderchu]

Gamers Are Spending 700 Dollars a Year on Games, Says New IGN Entertainment Study; Editorial Reviews and Word-of-Mouth Major Factors in Purchase Decisions

March 28, 2005 12:59 PM US Eastern Timezone

BRISBANE, Calif.--(BUSINESS WIRE)--March 28, 2005--Video and computer game enthusiasts are spending 700 dollars a year on games software, according to a recent study conducted by IGN Entertainment, an Internet media company whose properties attract a monthly audience of more than 22 million, with the 18 - 34 year old males demographic at its core. While 90 percent of the consumers studied still purchase titles at brick and mortar stores, nearly one-third report they are now also regularly purchasing products online.

IGN's study, which profiled more than 5,000 consumers frequenting the IGN.com and GameSpy.com properties, found consumers:

-- Spend more than $700 a year: $341 on console titles, $233 on PC games and another $140 for accessories.

-- Play games an average of 20 hours a week; ten percent spend 40 plus hours a week.

-- Influence others. Respondents say they advise 5 - 6 people per month, on average about computer, console or game-related purchases.

-- More than 90 percent of survey respondents were male.

Reviews, Word-of-Mouth Most Influential

When it comes to buying video game titles, consumers make their purchase decisions based on game reviews and media such as trailers, screenshots and demos.

-- Game buyers do a great deal of research online on titles they are thinking about purchasing.

-- Reviews are influential. Twenty-five percent say they are most heavily influenced by what game writers say about titles they are considering.

-- Review scores and word-of-mouth about the game are the next most important, followed by game demos.

-- Few respondents choose their games based on the publisher or developer.

-- Publishers' websites and print advertising were the lowest ranked factors.

Online Buyers Make More Frequent Purchases

Consumers who buy online make more frequent purchases. IGN's survey found that:

-- Consumers who buy from online stores make purchases an average of five times per month.

-- Those who prefer to shop brick and mortar stores make purchases an average of just over three times per month.

They usually play multiple types of games. Almost 80 percent of respondents purchase Action games; 72 percent buy RPG games and 70 percent FPS titles. Large percentages also play Adventure games, Fighting games, RTS, Strategy and War games.

Renting Games Provide Opportunity for Trial, Often Leads to Purchase

Video game rentals are a popular way for gamers to decide if they want to invest the money to own a title.

-- More than 50 percent of the respondents rent video games, on average about 11 games per month.

-- More than 60 percent of those who rent games say they eventually purchase the title they rented.

For PC games, avid gamers rate Best Buy, Electronics Boutique and Wal-Mart as their favorite offline retail outlets. For console games, they prefer Electronics Boutique, GameStop and Best Buy. For accessories gamers prefer Best Buy, Walmart.com and Electronics Boutique.

The top e-tailers for PC games are Walmart.com, Amazon.com and EBGames.com. For console games, they name Amazon.com, EBGames.com and Ebay/Half.com. Gamers like Walmart.com, Ebay/Half.com and Amazon.com for accessories. The top reason for shopping in a specific location store or site was, "The store's price, relative to other stores."

[source: http://www.ga-forum.com/showthread.php?t=41166 ]

 

[Carl B]

Hmmm.... it was my understanding that the yearly global video game industry was much larger than this - like ten times larger.

EDIT: OH - ok, my bad. $700 per person, I thought it was $700 million total. Well I feel stupid. Ok, $700 per person. Sounds about right.

 

[digitalwanderer]

Only $700 on games and gaming upgrades a year?!?!?

Lord would I throw that bell-curve off! :?

 

[Acert93]

Interesting survey. I was never asked to participate though and I frequent their sites

One caution is that this survey is pretty limited. 90% of the respondants were male, and all of them had Computers on the internet and were avid enough gamers to spend their spare time browsing game news sites. I would take a while guess that most parents who buy consoles for their children do not frequent IGN and Gamespay on a whole.

None the less very interesting. I believe hardcore gamers are trend setters, put their money where their mouth is, and are influentual on their friends. If they like a game or console the positive vibe goes a far way. When these gamers show their new consoles running in HD mode and are online, or watching a BR HD movie I think they will have a big impact on the "cool" factor of the new consoles.

 

[Legend]

I was never asked to participate though and I frequent their sites

sometimes it is not a full servay questioner. Sometimes it is a collection of question being asked frequently like that question on the side of some site that changes everytime you log boack.
And maybe they have a link to the survey, but you didn’t notice it, thus never clicking on it.
It isn’t a big deal really, these kind of things are happening all the time.

P.S. I was always interested on how many visitors such sites have. 22M isn’t shabby.