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Notes -
I’ve become a (possibly very bad) scalper.
Console prices are shooting up. Microsoft just increased the Series X/S’s price by like $150 across the board. Sony increased the PlayStation’s price by a similar amount recently.
There’s chatter that retailers are struggling to get stock for the anticipated Grand Theft Auto VI boom, which is going to sell a ton of consoles to people who never upgraded from last gen because they had no need to (I looked this up, and the *first current-gen-only Call of Duty is this year; the first current gen only EAFC game is also this year).
I had an Xbox for a while, but it broke, and I had a PS5 but it was lost / possibly stolen in an apartment move. GTA6 isn’t on PC, so I need one of them. So I went to a physical store about an hour ago with a minor (like 10%) discount on the window price for PS5s and I thought, on a whim, that I’d buy out the 4 other units and keep them all in a box until November, then sell them.
I will report back with my win or loss.
Do you really want to deal with second hand buyers just to make a small amount of money?
I sold a bunch of clothing on Vinted and eBay last year because I didn’t like the idea of some awful thrift store employee reselling it, and it went pretty well. One person was unhappy with their item, but to be fair to them I had probably not described its condition as well as I could have. Put it in a box (which I don’t need to even do this time, since I can reuse the boxes they’re shipping them to me in from the store), take it to the post office a three minute walk from my house, send it.
I think it’ll be fun is my thinking, I guess. Plus, if I’m right and scalpers go crazy with limited demand (and the crazy woke but also well informed users of Resetera seem to think there’s a big supply crunch) and these shoot up like GPUs and memory (which is really all they are) then I think the margin on each one could be big, and I might make $1000 for an hour’s work, and also feel good about my foresight, which is a far bigger prize.
If not, I can probably still sell them at close to cost.
What? Are they awful because they're scalpers (which you are too now) or are they awful because you wouldn't want someone else making money off of something you donated when you could make the money off it yourself, or are they awful because you see yourself superior in class to thrift store workers?
More the second, which is reasonable. When you donated to a thrift store traditionally, the expectation was that the profit from the sale at a modest price would go to some kind of charitable organization. Today, if you donate anything good, a thrift store employee will sell it to themselves for almost nothing, then sell it at a profit online. I have no problem doing a nice thing for charity, but that is no longer what that business is.
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