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Bsg Online Game Essay

1320 words - 6 pages

Introduction:
What if You Had a Leg-Up in the Business Strategy Game Online?
If you’ve played Business Strategy Game Online, you know that sometimes it can be a challenge. Maybe
you’re a new user who feels overwhelmed. Or maybe you’re someone who’s been playing the game but
can’t seem to find an edge.
Wherever you are with the Business Strategy Game Online, don’t worry: you can always dominate your
opponent.
First, you’ll have to be armed. You need to be armed with the right strategies to win. You need to be
armed with the wisdom of experience. And, most of all, you have to be armed with the technical
knowledge and skill of someone who’s been there before—and has won, over and over ...view middle of the document...

After creating an accurate sales forecast, check to see if moving
your Internet and wholesale shoe prices up affects consumer demand. The BSG Online determines
demand based on price RANGES—not individual values.
This means you can raise your shoe prices 1-2 dollars and not see a negative effect in demand.
#2: Buy back as much stock as possible early on. The early stages of the game are critical, which is why
it’s critical that you use them to the fullest. Buying back stock is the only move that will guarantee an
increase in your financial benchmarks. It is important to do this in the beginning stages of the game
while the stock prices are still cheap—take out loans if necessary.
#3: Bid random amounts on celebrities and private label bids. The game awards bids for celebrities and
private labels down to the penny, so bid random amounts to ensure you win a bid. For example, bidding
$20.95 instead of $21.00 in a private label to ensure you win the bid.
#4: Be conservative with your 3-year financial projections. The BSG penalizes you a lot for missing the
3-year financial projections. On the other hand, if you try to be as spot on as you can with your credit
rating, in the long-term you’ll be rewarded for it.

#5: Buy celebrities with long-term contracts in the early stages of the game. Celebrity competition gets
most intense in the middle stages of the game, and decreases at the end stages. That’s why it’s
important to lock in a long-term celebrity contract early on–you also lock in their prices. This helps you
“weather the financial storm” in later stages of the game.
#6: Don’t try to dominate a niche. Be in all regions, Internet and private label. If you don’t have the
production capacity to do so, then expand. Dominating a niche won’t win you the game.
#7: Predict superior materials. At the top left-hand side of the manufacturing decision entry screen
there is a little button that looks like a green graph. Click that button and estimate the upcoming year’s
material prices. Mess around with these predictions and see how drastically they might affect the
profitability of your shoes. The guide and forecasting sheet will cover predictions in further detail, but as
a general rule of thumb, the more people perusing a high SQ strategy (and thus using more superior
materials), the higher the superior material cost will rise.
#8: Refinance loans. As your credit rating improves or interest rates fall, it’s time to refinance your
loans. To refinance a loan, pay off the loan and then take a new one out at the exact same amount.
#9: Don’t focus too much on CSR. The Corporate Social Responsibility Screen is the newest addition to
...

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