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Price Changes - 4th June 2018

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PodexEqui

PodexEqui

Posts: 35 Bronze Posts by user Forum Profile RuneMetrics Profile
Not pleased. I have not been on board the anti-MTX bandwagon since it an understandably good source of income for Jagex, and y'all don't work for free. I get that. However, with the constant draw toward MTX and now this change in membership cost, it is becoming evident that:

1) you don't have the amount of players to sustain your company

2) you have overstretched your budget due to poor management

or

3) greed is becoming to dominating factor in your business model

None of this is good and any of these options are sure signs of imminent failure. You will lose more players and the cycle will continue until there is nothing left. I love RS, and I've loved it for over 10 years now. For me it's nostalgic, and happy memories can have financial worth, However, there comes a point where reevaluation of priorities must happen. Is this game worth $100/yr? No. Sorry, but that is the truth. You're bleeding us dry and it's not going to end well for Jagex. Again, I've played on and off for over 10 years, and will soon be reaching the 11 year mark. If these prices existed back then,the combined yearly cost would be a little short of $1100, not including the purchase of bonds, keys, and Runecoin. Thanks, but no thanks.

I know the response, that I'll be grandfathered in. Yay. What happens if I run into a financial bump down the road? Boom, I'm permanently screwed and I refuse to pay that price. Another response will be that payroll, building overhead, and server costs are expensive. See #2 above.

Start working on that resume.


Addendum: Brexit? Really? Collectively, you voted to leave the EU. Man up and deal with your dumb decision. Don't make us pay for your mistakes. Doin' stuff.

11-Apr-2018 14:50:40 - Last edited on 11-Apr-2018 15:06:29 by PodexEqui

D Mograine
Dec Member 2017

D Mograine

Posts: 404 Silver Posts by user Forum Profile RuneMetrics Profile
MechaFury said :
Angel2D4 said :
MechaFury said :



And increases of prices Every year - you do realize were talking about Software... right?



Also About them leaving - I

Thats why after 15 years world of warcraft still only costs 15 dollars a month, right?

and there were people saying don't compare the 2, well sorry, when your priced to the point being nearly the same as wow that runescape will be....your going to start being compared - its an argument of where is your 15 dollars worth more

11-Apr-2018 14:53:07

Zlysess

Zlysess

Posts: 60 Iron Posts by user Forum Profile RuneMetrics Profile
No not cool at all if this isn't cancelled im for sure just going to play old school instead of this i was already thinking of quitting RS3 and this basically confirms it just another company looking to get every dollar outta the player base... The Land Before Time

11-Apr-2018 14:55:10

Arcana Ahri

Arcana Ahri

Posts: 9,951 Rune Posts by user Forum Profile RuneMetrics Profile
Zlysess said :
No not cool at all if this isn't cancelled im for sure just going to play old school instead of this i was already thinking of quitting RS3 and this basically confirms it just another company looking to get every dollar outta the player base...

Yea, I was thinking about going to OSRS

Its gone up a whole £1, that's a lot for a price raise. Its getting beyond a joke on how they're treating players.

The MTX is seriously becoming a joke for this game. The cosmetics are fine, but its the lamps, boosts, and the in-game tasks that are really damaging the game. Owner of Mischievous Misfits you can
check out our thread HERE

11-Apr-2018 15:23:35 - Last edited on 11-Apr-2018 15:25:14 by Arcana Ahri

Trevopada
Jan Member 2005

Trevopada

Posts: 17,686 Opal Posts by user Forum Profile RuneMetrics Profile
While I agree that Jagex has some things they need to improve on, including their view in the eyes of the community in regards to the quality of updates of lately; I can't agree with the anger about the price increase.

Just because Jagex has an identity crisis to sort out doesn't mean the cost of business isn't rising every year. Costs such as rent, employee salaries and hydro costs go up every year. The only way Jagex can keep their profits the same or higher - in addition to diversifying their games/products - is to pass along the costs to their users. This is the only way the company stays profitable, its investors still invest in the venture and this game maintains its development.

Ultimately, this comes down to more about whether or not you want Runescape. Jagex could not increase the price until the community finds it 'acceptable', but I don't ever see that happening. Who is actually going to say 'yes' to a price increase? Even if Jagex was in everyone's good books.

At the end of the day, I still feel that the membership prices are very reasonable for game of this size now a days. A lot of companies aren't even honouring grandfathered rates anymore and increasing everyone's plans (i.e. Netflix, internet companies). While I can understand that no one would like to pay more, this is just a fact of life when it comes to inflation.
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11-Apr-2018 15:34:18

Ladyolake
Jan Member 2008

Ladyolake

Posts: 7,094 Rune Posts by user Forum Profile RuneMetrics Profile
Im here till there is no more me or no more RS. But this will stop me from having membership on some of my accounts.


I love Runescape. This is more important to me than 99 percent of my life.


But price increase would be at least understandable if no mtx or better updates. The richest person is not who has the most. It is who Needs the least.

11-Apr-2018 15:57:06

Kregort

Kregort

Posts: 92 Iron Posts by user Forum Profile RuneMetrics Profile
Trevopada said :

Just because Jagex has an identity crisis to sort out doesn't mean the cost of business isn't rising every year. Costs such as rent, employee salaries and hydro costs go up every year. The only way Jagex can keep their profits the same or higher - in addition to diversifying their games/products - is to pass along the costs to their users. This is the only way the company stays profitable, its investors still invest in the venture and this game maintains its development.



If you check the publicly available financial statements given by Jagex for last year, they posted a record profit of 26m. Profit is whats left over after costs such as rent, employee salaries and hydro costs have been factored out.

Instead of reinvesting this 26m profit to improve the game or fund other ventures Jagex payed it out in dividends to share holders, essential flushing it down the drain from a consumers perspective.

Id have no problem with a price hike if I knew it was contributing to better content. It just rubs me the wrong way that they are hiking the price at the same time they are posting record profits. Profits that are being payed out to share holders instead of being reinvested into the game.

11-Apr-2018 15:58:08

D Mograine
Dec Member 2017

D Mograine

Posts: 404 Silver Posts by user Forum Profile RuneMetrics Profile
Trevopada said :
While I agree that Jagex has some things they need to improve on, including their view in the eyes of the community in regards to the quality of updates of lately; I can't agree with the anger about the price increase.

Just because Jagex has an identity crisis to sort out doesn't mean the cost of business isn't rising every year. Costs such as rent, employee salaries and hydro costs go up every year. The only way Jagex can keep their profits the same or higher - in addition to diversifying their games/products - is to pass along the costs to their users. This is the only way the company stays profitable, its investors still invest in the venture and this game maintains its development.

Ultimately, this comes down to more about whether or not you want Runescape. Jagex could not increase the price until the community finds it 'acceptable', but I don't ever see that happening. Who is actually going to say 'yes' to a price increase? Even if Jagex was in everyone's good books.

At the end of the day, I still feel that the membership prices are very reasonable for game of this size now a days. A lot of companies aren't even honouring grandfathered rates anymore and increasing everyone's plans (i.e. Netflix, internet companies). While I can understand that no one would like to pay more, this is just a fact of life when it comes to inflation.

If the Devs were able to stay up to date/caught up/ahead of release schedules, and remove the MTX trash that plagues the game....? i wouldnt have an issue paying 11, or even 15 USD a month to play it. but they have the MTX exp and other rather greedy side incentives along with raising membership cost, and they cant even release products on time! we are still getting updates from last year and recycled silliness in the crater

11-Apr-2018 15:58:43

Rissabug

Rissabug

Posts: 20 Bronze Posts by user Forum Profile RuneMetrics Profile
Mini JIT said :
Darkmaster_b said :
The fact of the matter is that Jagex made a fatal mistake years ago in selling out to a Chinese *IRON MINING COMPANY*. Everyone warned them, we KNEW it would lead to a massive push of more MTX and more price increases to feed their dying mining company.

I hate to say it, but, we told you so Jagex.

We told you.

Jagex did not sell the shares it was the American investors who sold their shares and we had MXT for years even when the yanks ran it. MXT was added to the game when 75% of the accounts left after EOC came out.

And what caused them to leave I wonder?!?

11-Apr-2018 16:04:41

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