Collecting & The Sad Decline of Physical Media: First They Came for Retail, Now for Physical Media!
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- เผยแพร่เมื่อ 11 พ.ย. 2023
- ** Filmed at 1 AM EST **
A war is being fought right in front of our very eyes. It started many years ago with the prolonged agonizing death of our favorite retail stores at the hands of bad management and greedy capitalists. Electronics Boutique, Babbage's, Software Etc, Lionel Kiddie City, Kay Bee Toys, and Toys R Us...are all no longer with us. Now they want to take away video games, movies, music, and books in physical form too. Don't let them win. Much like the dominance of e-commerce giant Amazon.com running our very lives, once physical media is gone so too will be the memories we have with these products. We here at Reserved Investments want you to know that even though this is a hardcore collectibles finance channel, we stand with solidarity behind the plethora of content creators, TH-camrs, and collectors who value physical media and what it represents. Don't let billion dollar corporations and greedy hedge fund managers take away all we have left. Make your voice heard and don't let them win!
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When I lost my job during Covid, having a family to run, I cancelled most of my streaming services. The brutal reality hit me... I own nothing, and I was not happy. Streaming relies solely on your ability to pay. If you can no longer afford to pay... you are screwed! Since getting back on my feet, I have spent a small fortune building my library; music, literature and movies. I will never be left in that situation again.
yup, im doing it already, get players for optical media, vcr....ive been even collecting older cheap NON-SMART tvs if i can find them.
Yeah, pretty much now is the time to purchase the dvd/bluray and old media cheap because it's still everywhere. I've personally been buying dvds for $1-2$ of many of my favorite titles. Now sure.. many of them showup on the free streaming services(with ads), but eventually as companies battle over who can show what titles during periods of months or years, they will be put behind a paywall and the physical version won't be readily avaialble at the same low cost I think.
physical is shrinking, itll still be around just your local stores wont have them anymore or a descent selection
amazon will probably be the "king" of physical in the future
yard sales this year didnt have many good lots of movies or stuff im into..people slowly getting rid of their movies then its all streaming/they never buy movies again.@@HermannTheGreat
Good point. Reminds me of when I first moved out and had no cable or internet for the first week or so and all I had was disc 1 of Family Guy vol 1. lol I watched that thing over & over. The DVD Menu is burned into my brain.
dang jon young? whats the likelihood of seeing you post in this thread? I use to bump your tunes in my car 16-17 years ago? when doin my thang came out..damn bro@@jonyoungmusic
Brother, you hit my heart strings tonight. I remember going into Toys R Us as a kid and thought " Could this be a real place, is this allowed or am I in Heaven". Thank You
Welcome! I don’t normally use nostalgia in my videos, as this is primarily a collectibles finance channel, but this video was an exception!
The next generations are Ipad kids. They don't play with toys. They watch toys. I don't know what kind of nostalgia that generates....
Next generation? Try last generation. They've been here for a long time already.
Any kid born in 2006 or later was an ipad kid.
I call them the TikTok generation
They are truly trying to remove all aspects of childhood that we held dear. No physical media, Social interactions are horrible, all they do is talk to screens. No Christmas/Holiday/Halloween parties at school because some other group might get offended. We live in bizzaro world my friend.
I'm 49 years old & my guilty pleasure's when I was younger is to go to Block Buster to rent newest movie & pick up some new game to play. Still to this day I get the urge to drive where my Block Buster use to be at. 😔 I got use to seeing some of my favorite stores go away. I now understand the cruel side of business like you said enjoy it while it still stands. RIP 💿📀
Damn, i miss that too
I know what you mean. I'm m 40 now, but whenever I go My local supermarket, I park just to the right of the parking lot at the old Sears building where I got most of my PS1 games.
@@MrFIRESEAL117 Those were the good old days 👍
What a great video. i really felt and connected to your emotions here. I turned 38 this year, a bit younger than you but my formative years were not much different than yours, i mourn the loss of most of the stores you mentioned... KB Toys and Electronics Boutique hit particularly close cause i loved shopping there personally, but fond memories of most others you mentioned. As for the question you pose, it is a great one and one i've given much thought. Ultimately I go back to the idea that we as humans have a natural tendency to gravitate towards connecting to things physically... it just adds another layer of appreciation to our favorite "things" (music, movie, story, game, experience etc). I think this because i see people of all backgrounds having little collections of items they were never around for... records/comics/books that released decades before they were even born. People collecting vinyl records today are frequently too young to have even bought a music CD. I collect silver age spiderman having never been around for that era or even ever purchased comics as a kid... there is something about holding that original piece of pop culture history of the experiences we cherish that will never fade away.
The market has changed too quickly and too drastically for many of those stores to have survived, but i still see plenty of mom & pop shops that carry on their mantle that now have a new generation of children being taken to them by parents who have fond memories of going to the big corporate versions of these stores... i know i am one such parent that loves taking my 4yo to video game shops, comic shops, record stores etc. I do see a version of reality that these stores may rise up once again as larger chains if interest in these objects increases... perhaps even collecting several of these types of items under one roof separated into departments... lol.
but yes, ultimately i feel there will always be enough people in any generation that gravitate towards owning a physical representation of a piece of media that they love, even if they had no experience shopping for them when younger. now if there will be enough of those people to expand the market remains to be seen, but i think there will be enough in each generation and with growing population and popularity of pop culture characters it is a safe bet. (not that i'm betting anything, i collect purely for the love of the things i collect, which while have all appreciated handsomely, it is not something i look at as investments, just a hobby).
We've been fighting this battle for years, and it's a vicious cycle. Physical media sales dip, companies that put out titles on physical media reduce the variety of titles they release, making sales dip further, etc. Eventually stores close, thus reducing overall orders further, increasing the rate everyone ends up circling the proverbial drain. On a collector side of things, I collect vintage Role-Playing Games and the like. Several companies put stuff out only in .pdf format these days, dooming the viability of physical books, game stores, distributors, eventually the companies themselves, and finally the hobby. It's ugly.
I started collecting bottles at 10yo, digging local long forgotten dumpsites. Im 60s now, and avidly collect higher end antique bottles and stoneware. This is where the nostalgia and later collecting merge , with historical items that have become a lifelong fun pursuit
This is a very serious issue. I try to make sure I own a physical copy of the things that are precious to me.
Every time we have moved forward with another medium in film or music, we have lost a huge percentage of movies and songs. How many movies didn’t make it from VHS to DVDs, from DVDs to Blu-ray, from Blu-ray to streaming. Our culture is evaporating before our very eyes, as is the concept of ownership. Companies want us to lease and subscribe, not to own, because they will have predicable, steady revenue forever. Not only that, it becomes possible for companies to edit and censor and control what we consume. It’s already happened with the Star Wars ‘special edition’ which has completely replaced the original versions for the last 20 years.
I think with books in particular they do have one advantage over other media formats: they don’t require electricity to use. So a book can be used literally any time at any place, providing there is sufficient light to read the print. I think that is part of the reason that there has been a reversal of sorts for them in physical form to become more popular again. I think younger generations may eventually come around but they are all about convenience and digital is the most convenient way to consume any way you slice it.
If you own nothing physical they can sell it back to you over and over. They can take it away at will. People rebuy Super Mario Bros every time they get a new system.
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I've watched every video you've done and this arguably may be your best. Thank you for what you do.
Thank you for the comment. I don’t think it was my best. I think the video is doing well simply because it captures the nostalgia factor that I don’t normally include in a lot of my videos. This is a new twist for this kind of commentary.
Fact check…TRUE.
@@phillipbyrnes2885 What is true?
One of your best videos so far, not a lot of negativity towards collectibles, this is what’s about just collecting and having fun🔥
But this is a collectibles finance channel at its heart. Appreciate the feedback nonetheless.
I was going to gift my nephew a gift card to my ebay store... But okay Shawn, just for you, I will get him a physical video game
Hahahaha... Uncle of the Year! 🤣👍
You killed me man!!!! I know I'm a nostalgic crazy collector, but today you just make me realize, I'm trying to recreate my favorites stores at home. You open my eyes in 18 minutes.
I still love going to Toys R Us even if I don't have anything to buy. I don't know how kids are supposed to dream about Santa if they never get a chance to walk in a toy store and see a mountain of toys in front of them.
For me, Nostalgia is the biggest hurdle between a collector and an investor. I have a hard time making any money with collectible investments/finance. I treat everything as an item of nostalgia, and not as a tangible item of profit.
I just find having my old NES and cartridges the closest to a time machine.
Plugging the game inside and pressing the power button bring me back to those times (and blowing the cartridge for the old times).
Love your channel!
Sharing the financial aspect helps to keep me grounded, since it is so easy to fall into nostalgia,
thank you for all the books and information you share!
The problem with modern games is now we have day 1 download patches on some games. (We also have to digitally agree to terms before we start the game in some cases). I usually check to see if all contents are on the physical game before I buy it
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How do you check if the game has all the content on the disc?
@@fathersunglasses6085 I search a game that I am interested in to check what kind of updates are needed. There may be articles, forums, or videos that will let me know
I bought MW3 at Target physically. If you don't have it physically. You don't own it. Plus, I can sell it or trade it. They have a good deal. 10% off and buy two get one free.
Toys R Us going under just burns me to my soul. Every time I think about the fact that none of my 3 kids ever got that experience hurts.. I will take the cold-blooded consumerism of a Toys R Us over my kids being bombarded with the latest Fortnight gimmick any day of the way.
Please someone elaborate on this.
I heard the new flash style media they use for our games are only made to last about 20 - 40 years but the old cartridges last forever like you can dig up the old ET carts dust em off and play em but you won't be able to play your switch collection with your grandkids
Don't worry, all of these games will be re-released at least twice before your grandkids come around.
Unless if it is F-Zero GX. Nintendo won't release that one... ;)
I'm very glad I had the opportunity to take all of my kids to Toys'R Us before they closed. Going to a toy store was a magical experience for me and I really enjoyed seeing them experience what I got to experience. Full circle. :)
Also, Digital media purchased, usually have a disclaimers that they can (and do sometimes) pull it from their platform. You don't actually own it, you are essentially borrowing it. There are instances where the movie company have pulled movies from the iTunes store, and those movies have disappeared from 'Purchased library'. Here is a quote from a news article from. 2018: "Apple has the right to remove movies from your iTunes library after you've bought them. If Disney decides it no longer wants to offer a particular movie in your country, your 'purchase' is no better than an extended rental."
His video is focused more on the joy and lasting memories of going to a store in buying a video game. Even physical video games are not safe as many think they are. As time goes on, the discs are holding less of the actual game and serve more as proof of purchase and permission to download from the online store. Emulation is the only true solution to video game preservation. Physical media will die but emulation is everlasting.
Love how old media displays on a shelf.
That old school eye appeal is undeniable.
Packaging is often neglected and is usually the first to fall to entropy.
To be honest, a bit of a surprising video. I did not see this coming. I found this video to be moving and touching. I know you care deeply about the collectibles space, but it was very evident in this piece. A really great video that I fully stand behind. Bravo
I play league of legends and I constantly live in fear that the day the server shuts down, I will owm nothing.
I was born in 1976. Central PA. I remember KOP mall in the 80’s and 90’s. Great times. I remember shopping in the eb games across from the food court too.
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I remember going to Circuit City every Sunday to get the newest dvds. Nostalgia is right.
When you are about to reference Sonic 2sday, even though I was only 2 when that came out, something inside me knew. Sonic 2 was the first video game I ever played, probably in 1993. Love your insight through loved nostalgia!
Beautiful video man. I have always made a very intentional point of taking my son to physical stores and buying him toys and media he can hold in his hands. However, I have slipped into the habit of buying gift cards for my brothers and you really convinced me to avoid doing that this year so thank you. Appreciate everything you do and the rare trip down memory lane.
Love your videos!! I enjoy watching all of them. Thank you. I always wonder why people pay the same to get the electronic copy instead of a physical one, maybe they want to save space but they are missing out all the art work on the box. Agree everything you said in this video, I always take my son to shop and buy toys, cd, games, etc at physical stores!
Preach! I remember being over the moon when I got Phantasy Star for Sega Master System from my parents. Games had booklets then! There was even space left in to make notes, this being the pre-internet era when you actually had to remember dungeons and tips from NPC's. Those were indeed better times. I will always remember fondly...
To be honest, resistance is futile, that said we can all make a last stand and try to prolong the inevitable. The reality is that it is more profitable and convenient for customers to buy these types of products in digital form, thus, the share of sales for these products that are sold in digital form will continue to rise until many companies can no longer justify selling the products in physical form (diseconomies of scale). That said, I'm with you in trying to prolong the inevitable :).
Give us convenience or give us death. Humans are stupid.
I’ll never forget my dad taking me and my brother to McDonald’s and then toys r us to get F zero X. Thanks for the video
Great game!
If you ever get over to Japan there is is a Tower Records in Shibuya, multiple floors of Cds, Vinyl even some cassettes. Japan isn't immune to the growth of digital but Physical media still has quite a large presence over there and when I went earlier in the year I was in awe that a place like that could still exist.
Check out Super Potato if you’re into vintage video games. I love Japan!
It's a good thing that big box stores will stop carrying physical media. Gives a chance for neighborhood mom and pop shops to open up again, if they want.
You do realize that if big box stores stop carrying, the manufacturers will most likely discontinue it?
We collectors are born, not made. How true. I do try to kid myself that my very niche, blu ray 4k collection of movies is.."collectable." But no, they are as collectable as my two found stra cats who I must outlive. My cats like my movie collection, would end up in the street or in the trash when i go. "why would he collect all these movies?" will be the question after I kick off this mortal coil. But still I wanna live surrounded by what I love and cherish, and ever time I look at my bookshelf of movies, the man is right. I remember the first time I saw that movie and never imagined I could own it back in 1967.
Great video and I enjoyed thinking about what it was like being a kid again. Being a rural farm kid, I don’t have similar memories but I will see about creating some. We order online far too often. I do keep DVDs and CDs of my own because only our main home has internet. We don’t have television or streaming services as we just didn’t use them enough to justify the cost. It’s been eight years without television and I found I prefer to just go to the theater once in a while.
Holy poop. I didn't realize how close we were in those days. I grew up in West Chester PA. I probably was even at King of Prussia around that time. Nice to hear from a local. :) Keep the videos coming.
Thank you!
As a "younger" person who is into numismatics, I'll be interested to see how collectible coins and currency end up 20 30 40 50 years from now, which are all probably in my lifespan. Most people rarely use coins in commerce. I do however worry that one day people will lose concept of hard cash / coins in commerce completely and use alternative fully digital currency, thus taking out the proverbial "nostalgia" from them from those who once saw them frequently enough to understand the concept. Also as time goes on, counterfeiters get better and better especially for essentially a stamped piece of metal which really in my mind would steer people away from the collectibles as there's such a large barrier to entry. How do you think the shift towards a fully digital commerce will effect even historical currencies? Do you see counterfeiting as a potential negative catalyst with all the low quality fakes from china, but also the better fakes such as the omegas or similar?
I covered this concept in other videos. Coins and currency are not going anywhere any time soon. Hint: research how many Americans don’t have a checking or savings account.
It's common for people online to ridicule Gamestop, or prices at local retro game stores. The criticisms are not unfounded, but when these kinds of stores go away (and in time they will), I expect they'll be deeply missed. It's easy to take for granted the ability to see and handle what we may be contemplating, even if we decide we don't want it.
There's already a reverence for video rental and music stores. No doubt when the only videogame media to be seen is a rack of download code cards, people will miss even the sorry-looking big box store aisle of physical games. Maybe then the download cards will be collectible?
62 years of age. been doing this since 1999
And I worked at Toys R Us. :) (Not the full time, but a few years near its end)
I still remember the day back in 2023 when I was 4 years old and I downloaded my first videogame from Steam...
I hear your points loud and clear. Big box stores are moving away from items that consumers are obtaining digitally. Younger generations will increasingly lack a sense of nostalgia for physical items. Companies will reduce or eliminate physical versions of media they create.
Could you clarify if you feel that there will be a complete shut down of the manufacturing of physical Video games? Clearly a reduction is inevitable but an absolute cessation?
I also wonder if, paradoxically, the lack of big box stores carrying physical media actually presents an opportunity for someone to open up a cool little store that sells physical media. Maybe the concept of a single product store doesn't make sense but a store that sells the things that big box doesn't. Like a 1500 sqft store that sells retro/new games, board games, custom t-shirts, sci-fi/fantasy, music and the like. An updated version of a hobby store. No one of those things makes a viable business but a little of all of them might?
Anyway, curious on your thoughts.
Completely agree with this. I am an avid lover of physical media. It is interesting that some forms of media, like video games are getting near impossible to get physically. Even if you do, most have some always online requirement or just have the gamecode in the box. On the other hand it is interesting to see a resurgence in vinyl and even CDs to a lesser extent making a creative comeback. An interesting case is Taylor Swift and the many versions she releases of every vinyl and how in some cases all the variants combine to make an image to display together. I would like to see more brands across the other mediums get creative with it to revive physical media, even perhaps with some new spins on it.
Well said, unfortunate, but true. I miss many retail experiences, hoping my video was at Blockbuster but then happily voted on an alternative while my family presented their choices. Toys R Us felt like a cavern of fun. Will miss all of it.
My little cousin has become obsessed with Pokémon since I got him some Pokémon card’s yesterday for Christmas. I’m putting together a nice Pokémon bundle for him this Christmas with a new S&V booster box, some figures, etc. because I want him to have those same feelings of nostalgia I have towards video games and Yugioh cards that I do now. It starts young and stays with you. No one else will get him that kinda stuff so I figured I might as well since I understand what it feels like to get those presents as a kid
I remember trudging through feet of snow to go to a gamestop for a preorder copy of Pokemon Sapphire. Something I remember quite vividly. And for every downloadable game ive bought and spent money on- im forgetting because everything i bought became worthless within months.
Had my Nintendo DS, pokemon and final fantasy games not been stolen- i would be playing with them to this day. But the thousands of hours i put into sapphire i choose to keep in my heart and thoughts.
For now I collect, quite minimally a decent chunk of paper mtg. But even that is starting to feel like downloadable content.
I was looking at my roughly 15 decks and all i could think is if everything to hell- im only keeping 2 maybe 4 or so decks. And when i looked at the rest of my collection all i could think is maybe I should give this crap away, trade it, sell it, toss it in storage to be forgotten or just throw it in the trash.
The effort put into collecting it has been completely undermined by the corporate capacity to reprint, remake, reissue or outright replace its nostalgic worth is sickening.
The other thing in regard to mtg is the stamped prerelease cards used to have the day, month and year. Now it only has the year. Which is a horrible signpost of how even they have lost their taste for the importance of memory correlation and detail. That their switch from actual memorium to numerical "serialized" production is not really nostalgic. And each time they murder an lgs is a step towards digital damnation.
I have DVD's that no one will buy because the resounding response is "oh, I can just download that or watch it on netflix." But I have to point out that I spent hundreds on Google Play music and could listen to music anytime uninterrupted but then they sold out to youtube music and now I can't listen to a simple playlist without a commercial or ad for subscription. All that money wasted by the little greed engine that could. Had they not done that- I would still be spending hundreds if not thousands on music and movies on digital platforms. They lost an extremely valuable piece of my heart and interest with such stupid decisions
The most terrible thing is the mantra of "for the shareholders" instead of "for the consumers" and it's bound to catch up to them. In fact- I'm pretty sure it's why the economic downturn is going the way it is. But we also have to remember the additional mantra of "there's a sucker born every minute." And I'm curious how long that will hold true. It's fair to assume that the general dumbing down of populations will keep such an ideal relevant but somewhere in the machine that monetary lubricant is burning, gears are being worn away and the people who can repair it are withering away because it has been deemed unprofitable to maintain such important mental infrastructures.
Frankly I'm honored to have been born and raised in an era of great creative energies and now all i see is a squandering of them.
I still collect CD's, have all my old albums (and occasionally buy more).......I"ve been preaching this to my son for years that it's worth it to OWN the physical media. If you belong to these streaming services.....you never OWN ANYTHING......EVER...and you NEVER have "control" of your music collection.
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There was a magazine store in New York's Chinatown where I got my first comic. It's no longer there but as you say, visiting comic shops today, for me is like an attempt to re-capture that childhood awe! Well said
Great video Shawn!!! You named all those retailers... Some I thought would've stood the test of time but sadly didn't... Definitely feels like getting hit with a stale 🍩 sometimes when you think to yourself TRU isn't around anymore.... Looking forward to more videos this year and into next year!!
interesting video, I resonate a lot with the rationale you posit of "collectors being born, not necessarily made." Looking forward to watching your other videos (and new) while I continue my own collectors journey.
Love and respect the passion, physical media matters!
This is a really well thought out video. Even though I don’t share a lot of the feelings you’re describing, I do get what you’re getting at. Well done.
I collect books on antiques and collecting
Learned so much from these
Best vid yet
Loved it, gave something personal as your exp as well as everyone and y these markets can beimpdep on which one
Outta the park... And your ask... Done S... But, u gotta do one... Share more... All love big guy!!!!! Best way to educate
So you like when share personal stories of nostalgia?
Another great, very relevant video. You talk about liking physical books about antique/collectibles. Please write one!
Less than a month ago I went to the mall in another town for the first time. There was a small event where people set up tables and kiosks to sell gaming-related collectibles in the areas between stores . I decided to go because I just started to feel better after an anxiety issue flared up a few weeks beforehand. I had fun browsing the stores and popup kiosks there and walked away from the event with some classic SNES and PS1 games, and a cool Inspector Gadget figure. I even ran into some cute girls cosplaying Touhou characters. Did I overpay for these items and could I have gotten them cheaper on eBay? Most likely so. But the fun of the "treasure hunt" was what I remember, not the "click" of a mouse on an online store.
I remember as a kid in the 80's and 90's riding my bike to the local IGA or gas station to rent some entertainment (everyone rented out movies and games then), even in inches of snow. While today there is the convenience of queuing up something on a streaming service, there's something very... magical(?) about physical items. Were you going to rent the game you wanted? Would it be rented out to someone else and you begrudgingly picked up another game with bad cover art, only to discover an awesome game you didn't know about (looking at you, ugly Mega Man 1 cover art)? I think the thrill of the hunt/find is something slowly fading away in this age of instant gratification....
I remember the arcade at King of Prussia. My normal arcade was Aladdin's Castle at Granite Run Mall. Great video.
Thank you!
very much so enjoy this video.. i know every pyhsical box store u mentioned…. great video on the physical part of this world as it goes digital… physcial stuff to me to so great to have in my hand...
Thank you very much
There are certain media formats that I couldn't care less about their demise in their current format - for me it's VHS, cassette tapes, CDs, DVDs, Blue-Ray, and even 'physical' video games - so, just like my fellow consumers, I'll pick and choose what's nostalgic and/or practical to me. I'll agree, that it's sad for those who have nostalgia for those seemingly declining formats.
There's cause for optimism. Books are on the rise, and whilst e-books are practical (solves the space issue, and handy if travelling and reading several books), they aren't tactile, and haven't been able to establish complete market dominance in that space (at least not to the levels some expected). Similarly, vinyl records have lasted the test of time and, for the first time since the 1980s, have outperformed the compact disk in sales. Again, downloaded songs solve the space issue, but they don't provide the 'authentic' experience of a vinyl record.
Retail outlets are there to make a profit, and must either adapt to changing consumer trends, or die. They must offer an 'immersive' and practical experience for the consumer; or run the risk of becoming irrelevant, and fading into obscurity. Resistance is, indeed, futile.
Let's not forget that the shopping mall itself was a disruptor - pushing out the 'high street' stalls, and (as you Americans refer to them) 'Mom and Pop' family-owned stores. I'd prefer we went back to the days of the high-street small stores, but in many suburbs, the 'mall' has won.
Anyway, just my thoughts, for what they're worth.
Keep up the great work, Shawn. 👍
I never was on the digital train. I never trusted it and the proof time and time again going all digital is never going to be fair to the consumer keeps me where I am. Seriously streeming is showing that it is not a major money maker for these companies and their answer is jacking up their prices so the question is why do they keep trying. With physical media you put the money down once and you are done it is yours! You own it forever! I am very proud that I still buy my media in physcal. Also, malls will never die where mall culture is prominent. I also believe Best Buy will be out of business by 2030.
Such a shame. I loved as a child going to the toy store and getting a new Alien Vs Predator action figure or game and just reading the box and manuals all the way home and feeling a swnce of joy.
One of your best videos. You could feel how passionate you are about this subject.
What a beautiful video. Unfortunately time passes by and things change. Enjoy the present, it's going to pass too.
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I agree. My daughter we eight when toys r us closed and she wept. We would go there for something to do as it was a mile away.
I'm 50 I have 1000 records and CDs and I'm a Nintendo fan who buys physical. The only thing is, it's impossible to fight back. It just won't happen. Plus, being born in 73 I'm sure something was on its way out in 71 72 time and people of a certain age would think this kid born in 73 is going to miss out. Maybe I did. But it had no impact on me. If it's not there for kids they won't feel like they've missed out.
Do you feel like you missed out on stamp collecting? When was stamp collecting a thing?
@@ikhbjhbkm5 No why
All games I bought are physical. I can take them with me to friends, plug them in their console and play with them. If the console breaks down, I can buy a new one and still play my games. If the game sucks, I can sell it to other people who maybe enjoy them more than I do. No way I spent my hard earned money in downloads which may not be possible any more some years later, if the company shuts down their servers.
Companys always try to sell you the latest and greatest. But if you step back 2 feet, analyze what you get for your money, often the old stuff is better and much cheaper than the new stuff.
How many people are using a cartridge razor? Ever thaugt a safety razor might be an alternative? In Europe most people would say, that is what my grandpa was using, it is outdated,... Some weeks ago I learned that there are razors out there, which use standard double edge blades for less then .10$ and are as easy to use as a cartridge razor and produce a better shave quality. This is another thing I wish I would have learned years before. Money you don't spend is available for investments ;)
Lets get physical!!!
Thanks Shawn ❤
I still remember when I first got my Street Fighter II cartridge for my snes and monopoly game board. I slept every night beside those games when i was a kid. 😢
Do you think the conversion to digital only media applies to comics and trading cards? I collect a bit of both. Batman comics and Pokemon cards being my favorites. There's already digital TCG equivalents to the tangible experience. I'm a big fan of holding these items in my hand as I enjoy the art work and hope they don't take that away.
They will eventually master the concept of the digital collectable. Then yeah, cards as a physical thing will stop. Even coins and currency too.
I’ve tried to read a book on a device like kindle and nook and I couldn’t get a few pages in and grabbed a real book. I love reading and I love to read books not screens.
Not sure how this video ended up in my recommendations, but it was very informative.
Thank you!
Great points! Always appreciate your insight
I own a lot of games I’ve never played. In the digital future I’ll only ever buy a game if I want to play it that day. I imagine I’ll only own 10-20 games per console generation going forward and while I’ll save thousands of dollars a year, it’s a horrendous loss of my favorite hobby and that was the collecting itself.
Funny you mention Toys R' Us, I still shop at Toys R' Us because I collect diecast cars and because I live in Canada where Toys R' Us never went out of business, but the games and movie section is a shadow of what it once was even just five years ago with a lot of Funko Pops and I think some overflow from other sections of the store. To tell you the truth, I'm not sure if there are any video games left in the video game section. The last time that I bought a new game, it was from Amazon Canada (although I still buy old games from thrift stores).
Great video. Damn near brought a tear to my eye. Keep up the good work.
Things are going digital NFTs and cryptocurrencies are what the younger generation know
Maybe the "nostalgia" being tied to physical things and the collectible "gene" are just side effects of the 20 century mass production and consumerism that we were all born into. Did it exist in the 1700's? Will it exist in the all digital future?
So hyped for this video! Watching it right now…
my wife loves reading Kindle books but I showed her my first edition dh Lawrence book and she thought it was amazing. I think there will be a market for physical collectibles for a long long time.
Who remembers Caldor?
I do! 😉
Yup I was going to say… friggin caldor
Same here, and woolworths
I worked third shift at Caldor one summer as a 18 year old. Lol.
Lol
Since you're talking about cycles and I know you have mentioned a lot about Pokemon and how it has not(yet) stood the test of time (100 years). But those kids that grew up during the pandemic opened a lot of packs and new collectors were born. This and being such a huge IP around the world, it will have at least another cycle. Can't discount the people hoarding those boxes (yet) and we'll see if it will get that continuous wave.
Good Video, completely agree. Don’t you believe you can recreate that same feeling with digital ownership? Remember when Pokémon spawned a Mewtwo in Pokémon Go at a specific spot ?
No. It cannot be recreated. The evidence is already clear.
@@ReservedInvestmentsPokémon go 2016 would disagree. But agree with everything else.
Kb toys, circuit city 👌🏾🧸
Vinyl records has comeback from zero to 1.7 billion bucks
There’s a reason why books were able to push back but movies/music/video games cannot: once you put on a piece of media, the end user can’t tell the difference. With books, though, you’re literally holding it in your hands the entire time it’s in use.
I miss Tower Records.
Sad state of affairs...
In years to come, people will have to feel nostalgic about their Netflix bill, dated at a time when they watched a memorable movie, or their Steam invoice for a particular game etc.
Hey Shawn, I'm exploring strategies to rebalance my portfolio as my collectibles have grown disproportionately, constituting strongly over 20% of my net worth, even during this market decline. I admit I missed the opportunity to capitalize on the 2021 hype, and now I'm keen on rectifying this situation. While I want to diversify, I still enjoy the collectibles market. Currently, I'm adopting a 50:50 approach - half of the proceeds from selling collectibles goes straight into ETFs, while the remaining 50% is reinvested back in collectibles - to gradually lower my exposure of collectibles back under 20% as a goal. What are your thoughts on this approach, considering my desire to remain active in the collectibles market?
I think that is a wise idea if you are comfortable with the allocations.
I have a feeling the survival of retail stores and physical media has less to do with whether us "boomers" hang onto them, and more to do with how successfully we pass on those values to newer generations. I hear about a lot of older fans passing the love of their brands onto their children who otherwise never would have been exposed to it. Even then, that's only a portion of existing customers/fans/whatever.
This might require a more advanced marketing technique than just passing your own brand indoctrination onto your children.
I wonder how markets like toys will survive in the future. Cartoons pushed advertising of physical goods onto impressionable minds. These days it's more profitable to gets kids hooked on gambling in videogames.
We should have listened to Lars
Love the channel !!!!
If I wanted to speculate about video games collecting demand from Gen Z / Gen A, those folks will probably gravitate to consoles more than previous generations did. Since consoles still will theoretically exist as a physical media, even if the games are all digital.
Great take on this...really made me think
Amen brother! Well said🎉
Been buying Blu-ray collections and picking up all I can at garage sales and so on