Do people flock to products that are marketed as 'limited edition'?
I think there should be a law that states, anything that it marketed as 'Limited Edition' should in fact be a limited edition. The packaging should have a mandatory number of how many there are in the limited edition e.g. there are X of X of this edition of the game.
Is it just marketing trickery that adds more value to something that has no extra value. Sure you might get some extra in game content, maybe a figurine or t-shirt, but I see that as just some extras you get with that bundle, which isn't really limited edition per say.
Just surfing the 'Net' we find that a lot of games are now 'Collectors Edition' or 'Signature Edition' etc and the use of the term 'limited edition' is not as common. So maybe this has been addressed and game companies have in the past been taken to task about using the term 'Limited Edition'?
You can still find listed 'Limited Edition' games online and they seem to be affordable if they are truly limited editions. For example if the 1TB GT Sport Limited Edition Playstation 4 Console, which goes on sale in Oct 2017 in NZ, is this truly a limited edition, if so how many of them are there? Surely even if it said there are 100,000 versions workwide wide that would give the product a 'Limited Edition' tag.
Have I got the 'Limited Edition' meaning totally wrong? Is it not even a number of what is limited? If it is I'm not sure I understand what 'Limited Edition really means in the gaming world.
Last question, do we care? Are there people out there who buy these limited edition games for the possible future investment stand point or are there those people who just buy the products for the content and additional inclusive 'hard-copy' products that come with the title?
It would be great for someone out there to clarify this, and help me with my understanding.
It is false advertising to say something is 'limited' and not back that up with how many it's limited too?
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