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Whopping Wii Profit.

Discussion in 'Nintendo Wii Chat' started by Trulen, Mar 17, 2007.

  1. Trulen

    Trulen Isn't here as much

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    http://cgi.ebay.com/Brand-New-Nintendo-Wii-2-Remote-2-Nunchuk-14-GAMES_W0QQitemZ130088859724QQcategoryZ62054QQrdZ1QQcmdZViewItem

    Wii: $250
    Nunchuck: $20
    Wii Play: $50.
    Sales Tax (here, anyways) : $32

    Total spent: $352

    Sold for: $710 (plus shipping)

    Profit: $358.


    Now, TRY to tell me that ain't a profit THIS LATE IN THE GAME ( What... FOUR months down the line?!)

    At this point, there are no such thing as scalpers. Just people who put money in their hands.
     
  2. Shiftfallout

    Shiftfallout shiftfallout.com

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    amen to that. Only the problem is, those who sell the consoles for much more tend to cheat the system by buying wii's in bulk. Meaning, One person can buy half a shipment of wiis from a store, leaving little for the regular consumer. This is dirty in my opinion.
     
    #2 Shiftfallout, Mar 17, 2007
    Last edited: Mar 17, 2007
  3. blogman54

    blogman54 Wiifan54

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    I agree nothing wrong with making profit off of 1 but If you buy 4 or 5 at a time it doesn't give people that really want the Wii a chance to buy it at market value
     
  4. peterose

    peterose WiiChat Member

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    half the wii's sold are sitting in peoples basements unopened trying to be sold.

    most of them sell for around 320 + like 25 dollars shipping which is like70-80 dollars profit each one.

    but you have to take into consideration these cool ebayers spend 50 hours a week camping stores to get wiis, might average 3 wiis a week. not too many jobs pay you less than that.
    except the ones that abuse their jobs(like some dilhole at my local walmart, his friends get them all everytime they come in)
     
  5. drroett

    drroett Enginerd

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    I shouldn't complain. After waiting inline to not get a Wii because it was sold out I got one off ebay a week or so later for less than the retail value, new in box and all.
     
  6. blogman54

    blogman54 Wiifan54

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    you lucked out:)
     
  7. Shiftfallout

    Shiftfallout shiftfallout.com

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    Found this awhile back...

    [​IMG]

    All from the same store. Mass selling them, the minimum bid is 250. In desperation many are bidding over 350. I think these people get more than just 3 wiis a week. Theres a reason they are so hard to get, thats not because regular customers buy them fast, rather people looking to make a profit buy them first.

    When the ps3 and wii launched, some web news group went around interviewing the people in line. They estimated over 35% of them were there to resell the systems after they got them. This is from people admitting it.

    It also reminds me of a true story about a man who bought property near a native american reservation. There was a river that went through his property, and he basically put nets to block the salmon from traveling up stream, and also redirected some of the water, lowering its level at the native american reserve. They relied on the natural order of the fish and the river itself. When they approached him with their concerns, he merely asked them for money. THe more they gave him, the more fish he would let move along.
    Kind of a similar senario. Its dirty but effective.
     
  8. drroett

    drroett Enginerd

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    Wow, I didn't realize some people were getting so many. I figured most ebay sales were resales of the system from those people who didn't enjoy it. What's truly amazing is thinking about what the software sales would be like if all the Wii's in circulation were with owners whom used them.
     
  9. XLaw

    XLaw WiiChat Member

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    Dude thats some nice profit.
    Keep it up.
     
  10. Shiftfallout

    Shiftfallout shiftfallout.com

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    You know, if any one complains about the PS3's price, you could always buy a wii, sell it, and then you would have enough for a PS3. All for the price of a wii. Wierd.
     
  11. brl131

    brl131 Large Member

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    ps3 is a good price for the hardware in it, but the wii is better experience
     
  12. Wii_Smurf

    Wii_Smurf No.1 Smurf

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    Were going off Topic here this isn't a PS3 Vs Wii Rant

    I think what they do is REALLY Smart

    It's like if someone asks you to go to the shop and buy them Cigarets because they're underage 90% of people who do it ask for a cigaret in return OR if they don't smoke ask for Money

    I think it's VERY smart [Though I already have a Wii so Im not moaning about them doing it lol]
     
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  13. Numbah51

    Numbah51 WiiChat Member

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    And you can't forget Ebay's dreaded Final Value Fees and Insertion fees (I know they're not THAT bad) but still take them into context
     
  14. Shiftfallout

    Shiftfallout shiftfallout.com

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    Forgive me but.. where is this ps3 vs wii rant, i dont seem to see one in here? Could be your mistaken.

    As for them being smart, i wouldnt say its smart. Its just taking advantage of less supply and high demand. I dont think thats smart as much as I think its just using simple rules of supply and demand. Do you also think its smart when people buy wii's in bulk to resell it for more? Even if it forces the normal consumer to pay prices more close to the ps3 than what the wii's recommended retail price was set for?
     
  15. lansaguy

    lansaguy WiiChat Member

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    Funny how they always state "plus 5 games!" for the Sports disk that comes with every Wii anyway. But this guy went a step further listing the power supply, sensor bar, and console stand! At least there are 2 wii-motes.
    Not his fault that there's someone willing to bid that much.
    As soon as Nintendo finally makes enough to keep shelves stocked all of this madness will go away.
     
  16. Shiftfallout

    Shiftfallout shiftfallout.com

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    agreed. Its a shame that wont happen untill they release it every major country first.
     
  17. Wii_Smurf

    Wii_Smurf No.1 Smurf

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    Lets break this down:

    ^^^^^^^^^^^
    I saw That as a slight PS3 Vs Wii Price Bid LMAO

    Which is a SMART option to take

    I don't do it myself but I consider it Smart yes

    Who's Forcing them to buy off Ebay etc? And the recommended price is for Shops, 'Recommended' It's still up to the shops what they charge though if everyone charges £180 and a Certain shop charges £200 they're less likely to sell... But it goes back to Supply and Demand
     
  18. blueradio

    blueradio get crunk.

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    Yeah, I don't take offense to scalping.
    But it does take away from the regular consumer who want to buy for the actual price. It's kind of a rip off from regular people.
     
  19. Wii_Smurf

    Wii_Smurf No.1 Smurf

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    Yeah I agree it's unfair but like I said No One Forces them to pay that Price and it is a Smart choice. I mean it may not be right for buyers but for Selling it's Smart
     
  20. Shiftfallout

    Shiftfallout shiftfallout.com

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    You termed it as a Ps3 vs Wii "RANT". That was not only a gross overexageration but there was nothing in what i said that gave favor to either system, merely a means to get the PS3 cheaper if price was the only thing hold them back.

    Tsk tsk for twisting words around. You should know better than that.




    Well as you can see, we are in different countries therefore things might be done differently. No one is forcing them to buy off ebay, but many, if they want a wii, are forced to resort to paying much higher than what nintendo recommends as a retail price. Look at it this way, many people have full time professional jobs, they cant "not" goto work and try and camp a store waiting for a shipment of wiis. Usually when a shipment does come it, people, much like vulcher's decend up on it. Most with the intent of reselling it for much more. Take a look at ebay, notice how many of the same people keep sellings wiis, notice how quite a few even show pictures of 10 or more boxes from one store. Supply and demand can be a nasty thing when not regulated.
    In africa, shipments of medicine come in, often gangs will take them all and then people, if they want that medicine or food, have to pay much much more to get them. Thats also considered supply and demand no? So its all really how you look at it.
     

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