Wii U eBay resale / sellout / availability discussion
- Thread starter SquiddyCracker
- Start date
Jokes and Riddles
Neo Member
People tried to sell for that high, but I don't think many people bought it for that price and then I think scalpers were SOL if I remember correctly.
DeaconKnowledge
Member
You're explaining it poorly.
Nintendo doesn't want a repeat of the Wii situation because monster demand with low supply equals a lost sale. For a console launch, it's better to have too many units than too few, as demand will increase with the item anyway.
The Wii was at a fever pitch and could probably have doubled its numbers the first year, but Nintendo just could not fill demand.
TheChewyWaffles
Member
Stock everywhere I turn. There will be no eBay market this time around.
airmangataosenai
Member
Yeah it's been interesting to see prices normalize so quickly. I'm seeing a lot of them go for $400 already. Stock probably won't be an issue again after Black Friday when they free up the rest of their supply.
akachan ningen
Member
I'm going to buy a Vita and list it on ebay for $15,000, thus proving that the Vita is in huge demand.
Tevious
Member
I won a basic Wii U from the Burger King contest. If it arrives before Christmas and the basic models are going on ebay for for $400 or more, I will probably sell mine. Then down the road get a Deluxe model when there are more games that I'd actually want (such as Zelda, DKC, or a good RPG) and there is plenty of stock on consoles.
I don't think this will be the case, however. Seems the demand isn't that high and there is plenty of supply for the Basic models anyway.
I don't think this will be the case, however. Seems the demand isn't that high and there is plenty of supply for the Basic models anyway.
I'm going to get one eventually- this is good tho so I can just wait for games I want rather than feel like I have to pounce whenever it's available
Jokes and Riddles
Neo Member
Earlier I stated too much demand and not enough supply was bad. As was vice versa. It's logic fell on deaf ears.
But thank you for helping me clarify!
fluffydelusions
Member
Wow, all the ones I called said none till next year...wonder if that is online only
Thanks may go with this debating paying shipping charges or looking for it this weekend.
There were none anywhere I went today. I guess it depends on the area currently.
Too much demand and not enough supply is only bad for the consumer. The company is selling everything they make at a feverish pace with constant orders for more product -- that is every company's dream. That is why Apple is the most profitable company on the planet. Perhaps they can't always meet demand, but their stock prices will skyrocket and their bank accounts will bulge and that's all that really matters. Nintendo's stock price today is a far cry from what it was 4-6 years ago during the Wii craze: 68,000+ yen in December 2007 compared to 10,380 yen today:
http://investing.businessweek.com/research/stocks/charts/charts.asp?ticker=7974:JP
That's why the idea that Nintendo doesn't want another Wii situation now is completely ridiculous. They would love a repeat of the Wii with sellouts everywhere.
CartridgeBlower
Member
Is there a chance this has changed though because unlike the original Wii Nintendo is selling the Wii U at a lose?
Don't know, but would this change the way they want this launch to work because of that factor?
The point he is trying to make is that Nintendo is trying to meet demand this time. They want as many people as possible to be able to buy a WiiU. Rather than have to watch as people attempt to unsuccessfully hunt one down. Sure they want the situation of the Wii, but are attempting to resolve the supply constraints this time around.
shinobi602
Member
My brother sold his PS3 for $1200 and 360 for $900, so I definitely believe it.
RockmanWhore
Member
I'll never understand this trend of selling new stuff at crazy price on eBay. I mean, from the buyer perspective, is it so hard to wait a few days/weeks and buy the console at a normal price? Jesus, we're talking about video games here, it's not like anyone's life is in danger or anything.
BocoDragon
or, How I Learned to Stop Worrying and Realize This Assgrab is Delicious
I assume that for a lot of them, money isn't really an issue. Lots of rich people out there.
DarkoMaledictus
Tier Whore
Lol really... one would have to be a complete fool to buy a wii u at those prices... even if it had a must own game... which it doesn't right now.
Randy Monk
Member
fixed
ShineALight
Member
I don't fully understand it either. I guess if you have that much disposable income, you'll pay whatever it takes to satisfy your child Christmas morning.
gamergirly
Member
Deluxe model sold out
Mizzou Gaming
Member
I got one I intend to selll but Im waiting until its closer to Christmas. If demand doesn't increase I will simply return it for a full refund.
With that said demand is going to increase as Christmas gets closer the question is how much. I don't see anything with the Wii U that will intensely grab the eye of the mass market like the original Wii did so I don't expect crazy high prices but I can see them going for about $100-$250 over retail. The good thing is, as I mentioned above, I can always just return it if my projections are wrong
With that said demand is going to increase as Christmas gets closer the question is how much. I don't see anything with the Wii U that will intensely grab the eye of the mass market like the original Wii did so I don't expect crazy high prices but I can see them going for about $100-$250 over retail. The good thing is, as I mentioned above, I can always just return it if my projections are wrong
Ka-ching. Pretty much a no lose proposition. Makes me wonder what %tage of wii us have been bought by flippers. I wish I had gotten in on that action.
I flipped two of them for slightly less than that amount - still well over $1000. The trick was that your auction had to be ending as close to the launch date & time as possible. The longer your auction was up after launch the more time people have to realize that it won't be that difficult to actually get one, the more time people have to not make an impulse purchase, the more time people have to see impressions from others that got one and talk themselves out of it, hype dies down, etc. You want to have it end that night to catch those people who sat in a line and still didn't get one and are desperate to get their hands on one. Hell, I saw some guy sell his spot in line to purchase one for $1000 the night before.
In less than a day after I sold mine the bottom totally fell out on the online prices. Disregarding that I'm out of college now and don't need to rely on such things for making some extra cash anymore, I don't feel like it's worth it these days. As more and more people get online and become accustomed to online shopping and have greater access to information, social networks, etc, I think you'll see less and less clusterfuck launches where you can scalp them for big profits. There's too much risk in betting on flipping the wrong product launch now.
You'll be returning that console. The longer you wait the less it'll go for online, with perhaps a very marginal increase around Christmas. It's the same mistake I saw people make when the PS3 and Wii launched thinking demand would drive prices up and up. That only happens right at launch and 10 years down the line when something becomes rare.
Shadow2222
Member
Welp, prices haven't gone up any after Black Friday.
Scofield94941
Member
I laugh at loud at the auctions with pictures of 12 deluxe models. Have fun returning those!
Smiles and Cries
Member
how much trouble could they have returning those? You can return within say 15 days in some stores or even longer in others?
Scofield94941
Member
they have to do the return of shame. That is why it is trouble. Scalpers getting owned makes me happy
m.i.s.
Banned
Nightstick11
Banned
Scalpers should be skinned alive.
Unless we're talking Mom and Pop, I'm not sure there's a big box retailer in the US with less than 30 days. They may get some evil glares, but they can return these if they want.
speculawyer
Member
Edit: Thanks for consolidating the threads. I didn't mean to clutter.
I gotta say I'm a little worried about the videogame biz in general but maybe I should just be worried about Nintendo in particular. I dropped by Fry's the other day to pick up some cheap Blu-Rays on black Friday. I walked by the videogame isle and there sat 5 WiiU bundles on the shelf.
Correct me if I'm wrong, but weren't all the xbox 360, the PS3, and Wii sold out for months after their respective releases? Here is the first new console out of the gate for this generation . . . and it doesn't sell out? Why not?
Are tablets and smartphones the big thing? Is the WiiU idea of a big screen on the controller just not appealing to people? Are people waiting for Sony & MS?
Am I wrong? . . . maybe it was just a freak occurrence that the Fry's I went to had WiiU's available?
I gotta say I'm a little worried about the videogame biz in general but maybe I should just be worried about Nintendo in particular. I dropped by Fry's the other day to pick up some cheap Blu-Rays on black Friday. I walked by the videogame isle and there sat 5 WiiU bundles on the shelf.
Correct me if I'm wrong, but weren't all the xbox 360, the PS3, and Wii sold out for months after their respective releases? Here is the first new console out of the gate for this generation . . . and it doesn't sell out? Why not?
Are tablets and smartphones the big thing? Is the WiiU idea of a big screen on the controller just not appealing to people? Are people waiting for Sony & MS?
Am I wrong? . . . maybe it was just a freak occurrence that the Fry's I went to had WiiU's available?
Iacobellis
Junior Member
Nintendo is keeping up with demand.
H_Prestige
Banned
It's the combination of the market expanding beyond video game consoles and nintendo releasing a ho-hum system.