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Deleted_171835
Guest
There's no "probably". Give me some reasoning behind your claim.Hence the word probably
There's no "probably". Give me some reasoning behind your claim.Hence the word probably
There's no "probably". Give me some reasoning behind your claim.Hence the word probably
Do you really remember what it was like? Toys 'R Us in Times Square sold 7800 Wii consoles on launch night. There were many other groups of people getting off the train at my station in Brooklyn at 4:30 AM, all with Wii shopping bags in tow as if it were a commute. You could not find component cables anywhere; even the Nintendo World Store hadn't gotten them in yet. I guess 'assholes' snatched those up too? I had to make my own component cable if I didn't want to play Twilight Princess in composite! Where was anyone who wasn't a dealer going to get 5 consoles at a time? How could Nintendo have predicted the Wii phenomenon, after the less than stellar sales of the GameCube? Had Nintendo pushed enough consoles to retail during the first year, us eBayers would have needed to set our sights elsewhere, end of story.The reason it was hard to find was because assholes snatching up 5 consoles at a time hoping to profit.. Personally i loathe the people that do this. Get a goddamn job.
Three days? My hat's off to you.Do I really remember? I camped out for 3 days so I could play Zelda...yeah i think i do.
The saving grace was I camped in front of a small chain who only had 15 consoles reserved. So it was a very small group of people and we all got along great. I'm not sure how relevant the lack of component cables at launch is relevant. Meanwhile there were fights breaking out and news coverage at the best buy down the street. I think the main problem was once Joe Shmo caught wind that guys are selling these on ebay for a thousand dollars. Then every Tom Dick and Nancy wanted to snatch up however many they could afford in order to sell. The Hivemind at its best.
Either way, you would still be able to find one. You'd just have to pay top dollar for it.The reason it was hard to find was because groups of assholes (stores) snatching up 500 consoles at a time (straight from Nintendo) hoping to profit. Personally I loathe the people that do this. Get a goddamn different job.
Here's the problem: the demand is artificial.It's supply and demand, basic economics. If the DEMAND is high enough that people will pay triple price for it, that's really what it's worth.
At least the textbook answer to that is that if those 100 people were willing to pay the higher price that the retailers were putting it at, then the original retail sellers were selling it too cheap. If the prices was already right, raising the price would reduce the demand. (fewer people would be willing to pay the higher price and the resellers would be stuck with their extra consoles)Here's the problem: the demand is artificial.It's supply and demand, basic economics. If the DEMAND is high enough that people will pay triple price for it, that's really what it's worth.
Say 100 Wii U are available, and 100 people want one. Then 50 resellers buy them up. This creates an artificial demand. There was plenty of supply for the people who actually wanted it, but resellers push the price up. Awesome for resellers, terrible for the 100 people who wanted to play video games.
I think I just gained a level in microeconomics.At least the textbook answer to that is that if those 100 people were willing to pay the higher price that the retailers were putting it at, then the original retail sellers were selling it too cheap. If the prices was already right, raising the price would reduce the demand. (fewer people would be willing to pay the higher price and the resellers would be stuck with their extra consoles)Here's the problem: the demand is artificial.It's supply and demand, basic economics. If the DEMAND is high enough that people will pay triple price for it, that's really what it's worth.
Say 100 Wii U are available, and 100 people want one. Then 50 resellers buy them up. This creates an artificial demand. There was plenty of supply for the people who actually wanted it, but resellers push the price up. Awesome for resellers, terrible for the 100 people who wanted to play video games.
If the resellers DO sell all their "overpriced" consoles, that means there was still (already) enough demand for people to be willing to pay the higher price.
In that case, had the original RETAILERS sold at that high price, they would have still possibly sold out and no one would feel cheated. The only reason why people feel cheated with resellers is that they saw the cheaper retail price. If they're still willing to pay the higher reseller's price and were not willing to do what was necessary to get the lower price (stand in line, reserve, etc.) then no matter how much they complain, basically they're just paying extra for the convenience of not having to do that which they were not willing to do.
People with ethics.But anytime I see an opportunity to make money, I take it. Who wouldn't?