IGN has completed a study that shows gamers are spending on average 700 dollars a year on game software. The study shows that 90 precent of the consumers purchase game titles both online and from regular stores.
See press release below.
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.”