turning steam points into money in your steam wallet

[emo dog day]

okay so hear me out, if you could convert steam points into money for your wallet, like every 1000 points can equal $1 it would give them another use and people would buy more games, i know some people dont use steam points so this could be a way to get more people to use them, and it could get alot more people to be on steam because of they way it'd work an example could be you have $49 and you wanna get a game for $55 you could and you have 11,000 steam points, you could convert 6,000 of them into $6 and get the $55 game, it seems like a good idea right?

[Start_Running]

Oh looke we have today's thread.

[SVaughan]

It's weird. But I'm sure someone will come along and think of a way to say this wouldn't work. One of four people on here I know would want to shred this idea.
But it would make money for Steam and game devs, so it's a good idea.

[Boblin the Goblin]

Originally posted by SVaughan:

It's weird. But I'm sure someone will come along and think of a way to say this wouldn't work. One of four people on here I know would want to shred this idea.
But it would make money for Steam and game devs, so it's a good idea.

They tried coupons with Steam points and it was abused.

They aren't going to allow points to be converted into real money.

[SVaughan]

Originally posted by KittenGrindr:

Originally posted by SVaughan:

It's weird. But I'm sure someone will come along and think of a way to say this wouldn't work. One of four people on here I know would want to shred this idea.
But it would make money for Steam and game devs, so it's a good idea.

They tried coupons with Steam points and it was abused.

They aren't going to allow points to be converted into real money.

Speak of one of the devils.
Coupons are completely useless, but if it takes money to buy games, and you get points back from buying those games, the only one losing money in it is those who spend it.

[Boblin the Goblin]

Originally posted by SVaughan:

Originally posted by KittenGrindr:

They tried coupons with Steam points and it was abused.

They aren't going to allow points to be converted into real money.

Speak of one of the devils.
Coupons are completely useless, but if it takes money to buy games, and you get points back from buying those games, the only one losing money in it is those who spend it.

That's false.

Converting points into money means the company is giving you money. The only thing they gain is a potential sale at a discount using the money they gave you.

Point systems like that are used to retain customers. Valve doesn't have that problem.

You're also forgetting who would eat the cost? The dev? Steam? Steam doesn't force devs to do discounts. They aren't going to eat the cost of users who have hoarded points redeeming it for millions.

[Supafly]

Point were used to get a $5 voucher during sales. If Valve wanted to continue that they would have included it instead of going with decorative stuff.

Not to mention we get enough begging for awards to get free points already along with stupid guides and what not.

Just accept points are for decorative stuff and the SALES are for money off

Originally posted by SVaughan:

It's weird. But I'm sure someone will come along and think of a way to say this wouldn't work. One of four people on here I know would want to shred this idea.
But it would make money for Steam and game devs, so it's a good idea.

How? Giving money off reduces money they'd get

[Gwarsbane]

Seeing as how the points are free, and Valve already tried coupons and they failed badly which is why you don't see them for points anymore I very much highly doubt Valve will ever do this.

If they did do it, because points are easily obtainable and free, it would have to be more like 10,000 to 100,000 points per dollar or more.

Because guess where that money comes from? Valves pocket and they only make 30% per game and that 30% already goes to paying for quite a lot of other things like their people, buildings, servers, support, bandwidth and lots of other things.

If you want something cheaper, go ask the game developer to put it on sale, or just wait for a sale, its not like Steam doesn't have a whole bunch of sales every year, in fact another one coming up soon, the Lunar New Year sale.

Originally posted by SVaughan:

It's weird. But I'm sure someone will come along and think of a way to say this wouldn't work. One of four people on here I know would want to shred this idea.
But it would make money for Steam and game devs, so it's a good idea.

Or they could just not do it and make just as much money during sales. As mentioned Valve already tried points for coupons and it failed, which is why we don't see them now and very doubtful we'll be seeing them any time soon if ever.

Remember the money for those coupons comes out of Valves pocket, the developers don't take less.

The coupons that you get when you craft a badge are near worthless because you can't use them when there is a sale on, so more then likely any coupon Valve comes up with, you won't be able to use them during a sale.

[Psymon²]

would be nice
nothing in the points shop is worth it so converting them to something i will spend is a fine idea

[SVaughan]

Originally posted by KittenGrindr:

Originally posted by SVaughan:

Speak of one of the devils.
Coupons are completely useless, but if it takes money to buy games, and you get points back from buying those games, the only one losing money in it is those who spend it.

That's false.

Converting points into money means the company is giving you money. The only thing they gain is a potential sale at a discount using the money they gave you.

Point systems like that are used to retain customers. Valve doesn't have that problem.

I probably shouldn't be conversing pros and cons while running on fumes after being up for 24 hours, but meh.

Valve may not have that problem, but Valve doesn't retain the profit from games. At least not the full amount. Say I buy a game for $20, I get 2,000 points from that. OP is suggesting that one can convert the points to buy another game. In turn the Devs make more money. And Valve still gets its share. Then someone buys another game, and the process of buying and getting more money repeats. It's all-around a win. And everyone should know, Valve and game Devs love nothing more than a way to make more money.

[SVaughan]

Two of the devils have arrived. Fun times.

[Supafly]

Originally posted by SVaughan:

Originally posted by KittenGrindr:

That's false.

Converting points into money means the company is giving you money. The only thing they gain is a potential sale at a discount using the money they gave you.

Point systems like that are used to retain customers. Valve doesn't have that problem.

I probably shouldn't be conversing pros and cons while running on fumes after being up for 24 hours, but meh.

Valve may not have that problem, but Valve doesn't retain the profit from games. At least not the full amount. Say I buy a game for $20, I get 2,000 points from that. OP is suggesting that one can convert the points to buy another game. In turn the Devs make more money. And Valve still gets its share. Then someone buys another game, and the process of buying and getting more money repeats. It's all-around a win. And everyone should know, Valve and game Devs love nothing more than a way to make more money.

But without the money off people would either buy it now anyway or wait until it's on sale and then buy it. Either way devs and Steam make money. The only difference is when

[loppantorkel]

I doubt Valve would try it again, but I wouldn't regard it an impossibility to see a 10000 points exchanged for a $1 or so, for a max of $5, during a limited time, but I'm not sure, maybe it would be tough to do in different regions.

[SVaughan]

Originally posted by Supafly:

Originally posted by SVaughan:

I probably shouldn't be conversing pros and cons while running on fumes after being up for 24 hours, but meh.

Valve may not have that problem, but Valve doesn't retain the profit from games. At least not the full amount. Say I buy a game for $20, I get 2,000 points from that. OP is suggesting that one can convert the points to buy another game. In turn the Devs make more money. And Valve still gets its share. Then someone buys another game, and the process of buying and getting more money repeats. It's all-around a win. And everyone should know, Valve and game Devs love nothing more than a way to make more money.

But without the money off people would either buy it now anyway or wait until it's on sale and then buy it. Either way devs and Steam make money. The only difference is when

As opposed to people now, who most wait for a sale to buy anyways. I sure as hell wait for a sale before spending money.

[SVaughan]

Originally posted by loppantorkel:

I doubt Valve would try it again, but I wouldn't regard it an impossibility to see a 10000 points exchanged for a $1 or so, for a max of $5, during a limited time, but I'm not sure, maybe it would be tough to do in different regions.

The exchange rate for some of the other nations is ballistic when compared to the US.

[Pierce Dalton]

I support your suggestion, but knowing how greedy Valve is, I doubt it will ever happen.