Guaranteed profit?

[Hamouze]

Just for clarity's sake, can you still use previously bought Runescape membership cards (the $8 ones) after the price change is bumped up to $15? If you can, then I don't understand why people don't just buy out their local walmarts, targets, or wherever you get Runescape cards and resell them for a guaranteed $7 profit per card after the price rise.

Also, do you personally think bond prices will go up after membership prices go up too?

 

It's bumping to 15?? I thought it was 10?

 

[DRSX]

Theres no way in hell im gonna pay 15 a month for membership lol, back in the days i used to pay less than 4 dollars/month

 

[Hamouze]

Whatever the price increase may be, isn't it still considered a 100% guaranteed profit?

 

[Tst1994]

even for bonds?

 

[GrinGo]

Whatever the price increase may be, isn't it still considered a 100% guaranteed profit?

Actually, your runescape gift cards would depreciate in value. Your RS gift card is $25 and you will still get less membership time for that dollar amount. To my knowledge their card system is dollar amount only now.

 

[Dave]

Actually, your runescape gift cards would depreciate in value. Your RS gift card is $25 and you will still get less membership time for that dollar amount. To my knowledge their card system is dollar amount only now.

From what I've seen you're right, the cards are sold as $9.95 cards or $24.95 cards for example. They aren't labeled by monthly membership anymore

 

[Karlos_91]

It would be interesting to test this out when the prices do go up.

 

[i have a pure]

You won't make $7 per card simply because the person receiving the card will still be paying $15 regardless of weather or not they buy it from you or a $15 card from the store (buying from the store being the safest and easiest method).

You'd need to sell it for significantly cheaper then the store price in order to convince someone to buy from you, I'm sure a prospective buyer would want to be saving at least $5 per card to make it worth their time and they'd probably want to buy a year or more worth - but if you buy a years worth of membership from jagex you already receive big discounts + other benefits they won't receive when buying from you.

I just can't imagine someone arranging to buy a 1 month card from you, waiting for days or weeks and taking the risk associated with every underground sale to save $2.

Don't get me wrong, profit can be made but it's not likely to be worth your time.

 

Actually, your runescape gift cards would depreciate in value. Your RS gift card is $25 and you will still get less membership time for that dollar amount. To my knowledge their card system is dollar amount only now.

Great point. If these cards don't specifically say they are for a set amount of time in membership, they are $-based cards and therefore will not be any more valuable after the price change.

 

The ones that cost $7.95 USD are labelled as one month membership cards, not quite sure if its guaranteed profit though, they could always make all of those codes count for a lesser amount, or even make them obsolete.

 

[Hamouze]

Actually, your runescape gift cards would depreciate in value. Your RS gift card is $25 and you will still get less membership time for that dollar amount. To my knowledge their card system is dollar amount only now.

The old cards clearly have written on top of them in bold print "1 month membership" or "3 month membership" or "12 month membership". Those are not dollar value cards. That's what's so confusing about this switch.

From what I've seen you're right, the cards are sold as $9.95 cards or $24.95 cards for example. They aren't labeled by monthly membership anymore

But the old cards are labelled by membership, that's why I'm asking. How does that work with the switch?

You won't make $7 per card simply because the person receiving the card will still be paying $15 regardless of weather or not they buy it from you or a $15 card from the store (buying from the store being the safest and easiest method).

You'd need to sell it for significantly cheaper then the store price in order to convince someone to buy from you, I'm sure a prospective buyer would want to be saving at least $5 per card to make it worth their time and they'd probably want to buy a year or more worth - but if you buy a years worth of membership from jagex you already receive big discounts + other benefits they won't receive when buying from you.

I just can't imagine someone arranging to buy a 1 month card from you, waiting for days or weeks and taking the risk associated with every underground sale to save $2.

Don't get me wrong, profit can be made but it's not likely to be worth your time.

Lol this is just factually incorrect. People sell cards for above retail value on sites like Ebay and they sell. You're just making assumptions, do some actual research, no one sells for below. They sell for above for or the same because it's convenient to get it online or they don't have membership cards in their country so they need to buy it online through methods not offered by Jagex. Trust me, I was in this business before.

Great point. If these cards don't specifically say they are for a set amount of time in membership, they are $-based cards and therefore will not be any more valuable after the price change.

But the old cards have the months written on top of them. Jagex can't just say "oh hey we sold you a card that said it was 1-month but it's actually 14 days". That's a huge liability on their hands and their going to risk a shit ton of possible lawsuits for false advertisement.

The ones that cost $7.95 USD are labelled as one month membership cards, not quite sure if its guaranteed profit though, they could always make all of those codes count for a lesser amount, or even make them obsolete.

Same response I had to r2p.

 

If they were to make the codes obsolete then any direct disbributors would be reimbursed, and the amount of comsumers who would sue for $7.95 is minimal, and any who did would just be paid off for the $15.

 

[Hamouze]

If they were to make the codes obsolete then any direct disbributors would be reimbursed, and the amount of comsumers who would sue for $7.95 is minimal, and any who did would just be paid off for the $15.

Lawsuits are crazy man, people sue over anything that they can make money off of. It's not the amount of money they lost, it's the amount they can gain. What about the guy that settled for $13 million with Red Bull because it didn't give him wings? A local JCPenny (clothing department) store near me was sued for $4 million after a black friday sale had said 20% off a certain shirt and the lady only got 15% off when she got home she realized it.

Also, that's just a huge hassle. Making all the cards currently in circulation obsolete? And there's no way they'll be able to reimburse everyone that bought the cards previously. The easiest way to get around that is to say "I clearly bought a card that was advertised for a 1 month membership for X amount of money. I don't want the money back, I paid for it and I want what was advertised for."

I'd really like to see where Jagex plans on going with this...

 

[Le0nidas]

Bonds will definitely rise, expecially with goldmembership might be at an all time high lol. I wonder if the initial rise in mem cost has anything to do with transformer universe beingshut down.

 

[GrinGo]

Lawsuits are crazy man, people sue over anything that they can make money off of. It's not the amount of money they lost, it's the amount they can gain. What about the guy that settled for $13 million with Red Bull because it didn't give him wings? A local JCPenny (clothing department) store near me was sued for $4 million after a black friday sale had said 20% off a certain shirt and the lady only got 15% off when she got home she realized it.

Also, that's just a huge hassle. Making all the cards currently in circulation obsolete? And there's no way they'll be able to reimburse everyone that bought the cards previously. The easiest way to get around that is to say "I clearly bought a card that was advertised for a 1 month membership for X amount of money. I don't want the money back, I paid for it and I want what was advertised for."

I'd really like to see where Jagex plans on going with this...

Right. We understand this. However, like it's been discussed it seems Jagex is getting away from the month value in support of a monetary value on the card. If you can find the month value then yes your investment will yield small profits, however those are hard to find. In fact, the only month based time cards I can currently find are instant access time cards on Amazon.

The fact is, the cards your thinking of are no longer a tangible item. You can't go out to Wal*Mart and get your 30 day card because it no longer exists. So these situations in which your envisioning here can not exist. It's obvious that Jagex has pulled these cards from larger retailers and has opted for this method because it yields them a greater profit. Any retailer, online or brick and mortar probably has an extremely limited supply and like its been stated will never get the day value cards restocked.

Now as for unredeemed month value cards, I'm pretty sure they're able to retain their value. I can't fathom a situation in which you would get less than the advertised time on the card. That's just too much paranoia for me there. Regardless of Jagex's track record. As for vendors who still have these rarities of a card, I'm pretty sure they'll adjust their prices accordingly.

 

[Hamouze]

Right. We understand this. However, like it's been discussed it seems Jagex is getting away from the month value in support of a monetary value on the card. If you can find the month value then yes your investment will yield small profits, however those are hard to find. In fact, the only month based time cards I can currently find are instant access time cards on Amazon.

The fact is, the cards your thinking of are no longer a tangible item. You can't go out to Wal*Mart and get your 30 day card because it no longer exists. So these situations in which your envisioning here can not exist. It's obvious that Jagex has pulled these cards from larger retailers and has opted for this method because it yields them a greater profit. Any retailer, online or brick and mortar probably has an extremely limited supply and like its been stated will never get the day value cards restocked.

Now as for unredeemed month value cards, I'm pretty sure they're able to retain their value. I can't fathom a situation in which you would get less than the advertised time on the card. That's just too much paranoia for me there. Regardless of Jagex's track record. As for vendors who still have these rarities of a card, I'm pretty sure they'll adjust their prices accordingly.

I have no idea what you're talking about, I was at my local Walmart today and there were untouched stacks of old month card for sale.

 

[SelfMade]

Is there a date for the membership increase?

 

[Hamouze]

Is there a date for the membership increase?

No details have been released other than that it's during 2015 I believe.

 

[SelfMade]

No details have been released other than that it's during 2015 I believe.

Damn, Im going to stock up on bonds at this point.