Price adjustments in certain currencies

[Repanse De Leon]

I just found out that resident evil 4 remake adjust their price because certain players are taking advantages of regional pricing.

I myself living in the 3rd world, certain games are way above our pay rates.

What steam should do instead is resetting the store of certain players who are exploiting the system so that the real people who are in need of the regional prices won't be affected.

What do you guys think about this matter?

[Lithurge]

Steam sets a suggested conversion, developers are free to set the price higher or lower than the suggested amount.

The suggested figures are quite high in some countries due to their rampant inflation.

Steam does ban accounts deliberately using methods to bypass regional pricing.

[Repanse De Leon]

Originally posted by Lithurge:

Steam sets a suggested conversion, developers are free to set the price higher or lower than the suggested amount.

The suggested figures are quite high in some countries due to their rampant inflation.

Steam does ban accounts deliberately using methods to bypass regional pricing.

I'm glad steam doing its own ways to prevent this. But some developers are setting the game price way higer than what steam is suggesting. Like Resident Evil 4 remake, it was cheaper and affordable for us yesterday but they adjust the price midway and now I can buy it anymore :(

[Pierce Dalton]

Just wait, RE4R and any other games will get cheaper, someday.

[ReBoot]

Originally posted by Captain Jack Sparrow:

Originally posted by Lithurge:

Steam sets a suggested conversion, developers are free to set the price higher or lower than the suggested amount.

The suggested figures are quite high in some countries due to their rampant inflation.

Steam does ban accounts deliberately using methods to bypass regional pricing.

I'm glad steam doing its own ways to prevent this. But some developers are setting the game price way higer than what steam is suggesting. Like Resident Evil 4 remake, it was cheaper and affordable for us yesterday but they adjust the price midway and now I can buy it anymore :(

Welcome to (game) companies ♥♥♥♥♥♥♥' on customers just because they can. I'm not even being cynical, the last ~10 years are full with examples.

A way to deal with the situation is simply not buying games for full price. Where I live, videogames don't cost a month's salary, yet I consider paying the full price kinda stupid.

Another way is boycotting. See it this way: they clearly don't want your money if their price policy is beyond unreasonable. If they don't want your money, give it to game companies more deserving. RE4 can't be the only game you've ever cared about, there's thousands of fantastic games on Steam.

[rawWwRrr]

Originally posted by Captain Jack Sparrow:

I just found out that resident evil 4 remake adjust their price because certain players are taking advantages of regional pricing.

I myself living in the 3rd world, certain games are way above our pay rates.

What steam should do instead is resetting the store of certain players who are exploiting the system so that the real people who are in need of the regional prices won't be affected.

What do you guys think about this matter?

The Valve Suggested Pricing rose in nearly all non-US regions. The reasons for doing so have very little to do with players taking advantage of regional pricing, considering all of the changes Valve has made to prevent that from happening. Instead they were increased due to many world economic factors such as inflation and stronger US Dollar currency exchange rates.

And the key word to focus on is " suggested" Valve does not set prices on anyone's games on the store except their own. If a game's price has increased substantially in your region, it's because that game's publisher chose to raise that much. Take up your argument with the publisher.

[Crawl]

Originally posted by Captain Jack Sparrow:

I just found out that resident evil 4 remake adjust their price because certain players are taking advantages of regional pricing.

I myself living in the 3rd world, certain games are way above our pay rates.

What steam should do instead is resetting the store of certain players who are exploiting the system so that the real people who are in need of the regional prices won't be affected.

What do you guys think about this matter?

I never understood the argument of "My money is worthless so I should get things cheaper." I'm sure it sucks for you but the companies set a price they expect to get for their product and you pay it or you don't.

[Repanse De Leon]

Originally posted by rawWwRrr:

Originally posted by Captain Jack Sparrow:

I just found out that resident evil 4 remake adjust their price because certain players are taking advantages of regional pricing.

I myself living in the 3rd world, certain games are way above our pay rates.

What steam should do instead is resetting the store of certain players who are exploiting the system so that the real people who are in need of the regional prices won't be affected.

What do you guys think about this matter?

The Valve Suggested Pricing rose in nearly all non-US regions. The reasons for doing so have very little to do with players taking advantage of regional pricing, considering all of the changes Valve has made to prevent that from happening. Instead they were increased due to many world economic factors such as inflation and stronger US Dollar currency exchange rates.

And the key word to focus on is " suggested" Valve does not set prices on anyone's games on the store except their own. If a game's price has increased substantially in your region, it's because that game's publisher chose to raise that much. Take up your argument with the publisher.

I'm not blaming valve in this issue and I know valve does not set prices for each games, its the devs. I'm saying the devs are setting video game prices too high for some countries that has poor currency. Check the link. You can see that the prices of the video games are way higher than Valve as is suggesting.

https://steamdb.info/sub/732620/

[cSg|mc-Hotsauce]

Originally posted by Captain Jack Sparrow:

Originally posted by rawWwRrr:

The Valve Suggested Pricing rose in nearly all non-US regions. The reasons for doing so have very little to do with players taking advantage of regional pricing, considering all of the changes Valve has made to prevent that from happening. Instead they were increased due to many world economic factors such as inflation and stronger US Dollar currency exchange rates.

And the key word to focus on is " suggested" Valve does not set prices on anyone's games on the store except their own. If a game's price has increased substantially in your region, it's because that game's publisher chose to raise that much. Take up your argument with the publisher.

I'm not blaming valve in this issue and I know valve does not set prices for each games, its the devs. I'm saying the devs are setting video game prices too high for some countries that has poor currency. Check the link. You can see that the prices of the video games are way higher than Valve as is suggesting.

https://steamdb.info/sub/732620/

Yes. Contact the game devs/pubs.

[Ogami]

Just took a look, just lol.
The original Resident Evil 4 sells for 65 Peso on Steam.
The remake is priced at 15.118 Peso.

Thats ludicrous. Especially since users from Argentina have a 100% sales tax on digital goods.
Meaning they have to pay 30.236 Peso for Resident Evil 4 Remake on Steam.
Which is about 140 bucks at the moment.

I really want some of the glue that some companies are huffing when setting those prices.

[Komarimaru]

Originally posted by The Admiral:

Just took a look, just lol.
The original Resident Evil 4 sells for 65 Peso on Steam.
The remake is priced at 15.118 Peso.

Thats ludicrous. Especially since users from Argentina have a 100% sales tax on digital goods.
Meaning they have to pay 30.236 Peso for Resident Evil 4 Remake on Steam.
Which is about 140 bucks at the moment.

I really want some of the glue that some companies are huffing when setting those prices.

Not sure how you can blame publishers or developers for a games price, due to a countries destroyed economy.

The peso has dropped constantly and steadily, being worth 25 cents in 2010, to not worth anything in 2023. Literally, not even worth half a penny.

[Ogami]

Originally posted by Komarimaru:

The peso has dropped constantly and steadily, being worth 25 cents in 2010, to not worth anything in 2023. Literally, not even worth half a penny.

Yes, its still 140 bucks AFTER conversion. They pay 2 1/2 times as much for the game as other regions.
That makes no sense and is not tied to the weak currency but just pure publisher greed.

Steam itself recommends a price for Argentina with the current currency value and economic situation of around 4200 peso.
Which btw was the price for Resident Evil 4 Remake for the last few weeks on the store.
Just today CAPCOM decided to triple the price out of nowhere, and not just for Argentina but for nearly all poorer 3rd world regions on Steam.
There is NO reason for that except greed, its as simple as that.

They are of course free to set the prices of their games to whatever they want but people are also free to call them out for shady practices.

[cSg|mc-Hotsauce]

Originally posted by The Admiral:

Originally posted by Komarimaru:

The peso has dropped constantly and steadily, being worth 25 cents in 2010, to not worth anything in 2023. Literally, not even worth half a penny.

Yes, its still 140 bucks AFTER conversion. They pay 2 1/2 times as much for the game as other regions.
That makes no sense and is not tied to the weak currency but just pure publisher greed.

Steam itself recommends a price for Argentina with the current currency value and economic situation of around 4200 peso.
Which btw was the price for Resident Evil 4 Remake for the last few weeks on the store.
Just today CAPCOM decided to triple the price out of nowhere, and not just for Argentina but for nearly all poorer 3rd world regions on Steam.
There is NO reason for that except greed, its as simple as that.

They are of course free to set the prices of their games to whatever they want but people are also free to call them out for shady practices.

Publishers were being screwed by region hoppers for years. What did you expect?

[Ogami]

Originally posted by cSg|mc-Hotsauce:

Publishers were being screwed by region hoppers for years. What did you expect?

:qr:

It makes no sense to overreact NOW after Steam has made it nearly impossible to region hop 2 years ago.
So why do all those big publishers now go ♥♥♥♥♥♥♥ on the prices for those poorer regions?
And its not only the region hopper countries from before, they raised prices across the board, even for countries that never were attractive to region hoppers.

They are just working on eliminating regional pricing across the board right now and use the " well those region hoppers bought games cheaper" as a convenient excuse.

[Komarimaru]

Originally posted by The Admiral:

Originally posted by Komarimaru:

The peso has dropped constantly and steadily, being worth 25 cents in 2010, to not worth anything in 2023. Literally, not even worth half a penny.

Yes, its still 140 bucks AFTER conversion. They pay 2 1/2 times as much for the game as other regions.
That makes no sense and is not tied to the weak currency but just pure publisher greed.

Steam itself recommends a price for Argentina with the current currency value and economic situation of around 4200 peso.
Which btw was the price for Resident Evil 4 Remake for the last few weeks on the store.
Just today CAPCOM decided to triple the price out of nowhere, and not just for Argentina but for nearly all poorer 3rd world regions on Steam.
There is NO reason for that except greed, its as simple as that.

They are of course free to set the prices of their games to whatever they want but people are also free to call them out for shady practices.

What game is selling for 30,000 pesos?

Ah, ok, re-read it. Curiously, I looked it up, and shows only a 21% tax for digital goods. Where is this 100% tax for digital goods shown at?

[Yzal]

Originally posted by The Admiral:

Just took a look, just lol. :lunar2019crylaughingpig:
The original Resident Evil 4 sells for 65 Peso on Steam.
The remake is priced at 15.118 Peso.

Thats ludicrous. Especially since users from Argentina have a 100% sales tax on digital goods.
Meaning they have to pay 30.236 Peso for Resident Evil 4 Remake on Steam.
Which is about 140 bucks at the moment.

I really want some of the glue that some companies are huffing when setting those prices.

Argentina's peso it's not worth it's weight in toilet paper, that's why.