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PS5 Resellers
Posted on 11/14/20 at 8:06 pm
Posted on 11/14/20 at 8:06 pm
Are these people scum of the earth, or do you respect their hustle? Guys in my area have them listed on marketplace for $1500, and has been listed since release.
Come off the price dawggg--we just wanna get our game on!
Come off the price dawggg--we just wanna get our game on!
12
Posted on 11/14/20 at 8:12 pm to Dicky
If people will buy it for that price, why not sell it for that price?
Shouldn't the goal always be to maximize profits?
Shouldn't the goal always be to maximize profits?
Posted on 11/14/20 at 8:25 pm to Broski
quote:
If people will buy it for that price, why not sell it for that price?
This one in particular is not selling. He is just basically holding it ransom hoping that someone gets desperate enough. He is also essentially taking a risk, being that he could easily sell it for a quick $200-$300 profit right now--for all we know Sony could dump thousands of these things back into the market tomorrow. Unlikely, yes,
This post was edited on 11/14/20 at 8:26 pm
Posted on 11/14/20 at 8:49 pm to Dicky
Free markets
Posted on 11/14/20 at 8:52 pm to Dicky
Capitalism
Posted on 11/14/20 at 9:02 pm to Broski
quote:
If people will buy it for that price, why not sell it for that price?
Shouldn't the goal always be to maximize profits?
If someone bought their PS5 legitimately I have no problem
90% of these dudes run bots and purchase a frick to and sell em, fricking over everyone else trying to buy one.
Posted on 11/14/20 at 10:17 pm to Dicky
Should’ve preordered, bro
Posted on 11/14/20 at 10:32 pm to Dicky
capitalism rules
Posted on 11/14/20 at 10:41 pm to Dicky
I got my pre order through Sony. I posted it on Craigslist for $1,200 two weeks ago. I game a good bit, but if someone is either stupid enough to pay that or got a lot of money, I would’ve sold it.
I was offered the next day $650. That is less than $100 profit after tax. Not worth it.
I have been playing it and never thought about not opening to maximize profit.
I’m keeping it.
I was offered the next day $650. That is less than $100 profit after tax. Not worth it.
I have been playing it and never thought about not opening to maximize profit.
I’m keeping it.
Posted on 11/14/20 at 10:43 pm to StraightCashHomey21
I mean running bots isn't against the law
Posted on 11/14/20 at 11:00 pm to Dicky
It sucks but I respect it. As a shoe collector I’m not surprised this has shifted over to consoles.
Posted on 11/15/20 at 12:53 am to McCaigBro69
quote:
As a shoe collector
The bots for that is f***ing ridiculous. I have gotten one dub on Snkrs and it pisses me the hell off.
Shoe companies have to have a deal with Stockx/GOAT, otherwise why not just mass produce the highly in-demand shoes and make more money off of it?
This post was edited on 11/15/20 at 12:56 am
Posted on 11/15/20 at 4:08 am to Dicky
Stockx.com
Posted on 11/15/20 at 6:53 am to Dicky
It does raise the question: why don't Sony/Microsoft and also GPU vendors so anything about the bots?
Because when stocks are out demand will go up even more. It's now even more rare and hard to obtain.
It's fricked, but just be patient and wait til Feb/March and I think there will be availability.
Because when stocks are out demand will go up even more. It's now even more rare and hard to obtain.
It's fricked, but just be patient and wait til Feb/March and I think there will be availability.
Posted on 11/15/20 at 7:29 am to Hulkklogan
Not even sure what the companies could do outside of in-store only purchasing.
Botting would disappear if scalpers would start losing money. Not going anywhere as long as there are enough clowns paying ridiculous resale prices.
Botting would disappear if scalpers would start losing money. Not going anywhere as long as there are enough clowns paying ridiculous resale prices.
This post was edited on 11/15/20 at 7:29 am
Posted on 11/15/20 at 8:13 am to Dicky
happens every single console release
Posted on 11/15/20 at 8:26 am to DownSouthCrawfish
Step 1) Captchas when buying
Posted on 11/15/20 at 8:30 am to Dicky
You gotta admire their hustle.
They likely spent many hours and a lot of energy securing the PS5's in the first place.
They also had to tie up their capital to do so.
It's nothing personal, this sort of flipping goes on for any item that's in limited quantities. It's just a by product of scarce resource allocation.
You could argue they actually provide a service for the people willing to pay the premium prices. If there were no resellers and you desperately wanted a PS5 the odds of you securing one from a store are slim. You may have to wait several months.
With resellers you're guaranteed to get one immediately. That's a service people are willing to pay for.
They likely spent many hours and a lot of energy securing the PS5's in the first place.
They also had to tie up their capital to do so.
It's nothing personal, this sort of flipping goes on for any item that's in limited quantities. It's just a by product of scarce resource allocation.
You could argue they actually provide a service for the people willing to pay the premium prices. If there were no resellers and you desperately wanted a PS5 the odds of you securing one from a store are slim. You may have to wait several months.
With resellers you're guaranteed to get one immediately. That's a service people are willing to pay for.
Posted on 11/15/20 at 8:46 am to PEEPO
Ah yes the good ol American "I got mine so frick everyone else" mentality.
Posted on 11/15/20 at 8:52 am to Hulkklogan
There's way more people who want a PS5 than there are PS5's.
There has to be some sort of method of allocating them.
The secondary market provides an allocation method beyond random chance.
There has to be some sort of method of allocating them.
The secondary market provides an allocation method beyond random chance.
This post was edited on 11/15/20 at 8:57 am
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