Graphics card scalpers love Best Buy's $200 GPU paywall

EchoWhiskey

Posts: 21   +14
Scalpers or AMD/NVIDIA is just the same, profiting from people`s misfortune.

Being the advocate of the devil.....
Why are they profiting from the misfortune of other people?

It basically is a matter of demand and supply... High demand, high prices.
I think Covid also has to do something with it...

For the record: Since more than a year now I'm trying to buy to buy a graphics card (at 'normal' prices), but no luck so far.
However I could buy one, if I'm willing to pay a lot of money. (demand and supply)

 

ZackL04

Posts: 793   +600
This whole thing is a great demonstration of how hard issues are to solve if you don't want to solve them. NV and AMD will obviously say they're sooooo sorry, there's not much else they could say. But the reality of it is that they COULDN'T CARE LESS who buys their products and for what price. The business is rolling, anything else is negligible.

What to do if you ACTUALLY wanna solve this? Well, how about create a central B2C programme where every customer can purchase ONE card per YEAR. From ALL vendors in the programme IN TOTAL. One. Per year. Not month, year. Sane people don't replace their GPUs every month, so that monthly restriction at certain places is a laugh in itself. In fact, sane people only replace their GPUs like every 3 years TOPS, if they get the hot new thing with every generation.

Now, it wouldn't be mandatory for OEMs to join the programme, but obviously they'd risk being labelled as scalper vendors or something, And the programme would have KYC video calls to ensure the customer is legit. Like money institutions, for example.

Aaand that's about it. It worked for Sony w/ PlayStation Direct, I don't see why it wouldn't work for NV/AMD. And their Direct is even more lenient than what I've described here.

That’ll never happen, the whole world revolves around $$$. No company would ever make a decision to not make more of it.
 

emmzo

Posts: 609   +766
Being the advocate of the devil.....
Why are they profiting from the misfortune of other people?

It basically is a matter of demand and supply... High demand, high prices.
I think Covid also has to do something with it...

For the record: Since more than a year now I'm trying to buy to buy a graphics card (at 'normal' prices), but no luck so far.
However I could buy one, if I'm willing to pay a lot of money. (demand and supply)
Sorry, dude, I can't believe you defend scalping. Scalping should be a fellony, it's not "supply and demand", it's an intermediary who swindles people out of their money and that's what I said, profiting from a crisis, profiting of people's misfortune and in fact, destabilizing a market by amplifying supply issues.
 
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Adhmuz

Posts: 2,239   +1,054
All these terrible "fixes" to get past scalpers, when there's an easy fix staring at them.

just sell them from the store, make people come to the store, buy ONE, you dont a dozen cards, their name and card info are logged in the system(and name still works if paying with cash), boom done.

I know I know, it wont work because companies love making money no matter what, people are lazy, and this would be unfair to those who cant leave their home for some reason(hope they have friends) or they live way out in the boonies.

but what is the point of all these brick stores if they dont keep any ACTUAL inventory, may as well tear em down.
They tried it this way, people lined up and created self managed mobs, scalpers would just pay/use homeless people to wait in line for them, people were getting into fights, I think people got stabbed even. Honestly it was probably worse publicity than this new scandal, the sad reality is there is no easy solution other than what has already been mentioned by bviktor, it's extreme but would actually work, so long as it applies in your country. The PlayStation Direct program doesn't seem to apply to Canada...
 

Thretosix

Posts: 155   +139
Everyone I knew that wanted a PS5 or an Xbox Series X has one by now and bought one at MSRP. Still can't find a GPU at MSRP. This paywall just made it even harder. I'm no longer going to shop at Best Buy because of this move here in particular. The place looked like it was about to fold the last time I was there, the only register open was the customer service counter.
 

wiyosaya

Posts: 7,697   +6,635
IMO, with this policy, BBY has become the latest scalper.

True, its only a $200 markup, but it is, nonetheless, a markup over MSRP. It might be different if it were a deposit on a card that was then reserved for the customer when it came in, and it was allocated only to that customer, and then credited toward the purchase of the card; however, I see this as yet another "extended warranty" scam.

I certainly will no longer go to to BBY if I am looking for a GPU or other PC build components, for that matter.
 

terzaerian

Posts: 1,262   +1,756
Sorry, dude, I can't believe you defend scalping. Scalping should be a fellony, it's not "supply and demand", it's an intermediary who swindles people out of their money and that's what I said, profiting from a crisis, profiting of people's misfortune and in fact, destabilizing a market by amplifying supply issues.
He explicitly stated he was "playing devil's advocate," it was a thought exercise people used to engage in before the internet made the planet insane.
 

gamerk2

Posts: 697   +668
Don't worry everyone! Those scalpers are merely ensuring that there will be sufficient supply by purchasing all the GPUs and re-selling them at market justified prices, preventing shortages.

Sarcasm implied, but the fact people here have argued exactly this shows how Capitalism has gone off the rails these days.
 

Thretosix

Posts: 155   +139
What gets me most about BBY, is they didn't tell people early on that they wouldn't have cards in store on launch day. I got the 3080 on launch from Microcenter, but waited in line at BBY in vain. Later I got a 3070 and a 3060Ti from Microcenter - BBY finally decided to tell people "online only". Wasted a lot of people's time who didn't know their game.
It was a nightmare here locally. When they had one of those releases at a store. It would be the one store nobody ever heard of 2 hours away from anything, and you have to somehow preregister with information that was never shared. I'm sure the scalpers had all the inside info though were registered and there 4 hours early.
 
There‘s a simple solution here. Get with 3 other friends, buy the service and split the cost. Then all of you get a GPU with an extended warranty for minimal markup. There might also be a sizable chunk of change back in Best Buy Rewards depending on the GPUs that you buy.

you could literally get half that fee back in rewards, meaning somebody waits for the next drop to use those rewards on their card and everyone only ends up $25 out of pocket.

Personally, I have the total tech, because it was obvious that many things would be sold as member exclusives and the other benefits would pay for the service. I got my PS5 with it, my Switch OLED, 6 GPUs for myself and friends. Oh and Apple care for free with my 16” M1 Max MacBook Pro.
 

Bobbydpue

Posts: 327   +217
I`ve only replayed older games since the current situation and I`ll do anything before I`ll pay these m0therf...s anything. Scalpers or AMD/NVIDIA is just the same, profiting from people`s misfortune. Needless to say, these companies don`t give a fxck about gamers, the very people that built their fortunes. Nvidia`s LHR is a cruel joke and AMD didn`t even bother that much. Assuming Biden stops printing money, crypto will soon stall, mining will be dead, just as in 2018 and when a ton of used cards will flood the market, we`ll have the last laugh.
I thought mining would be dead around the same timeline as the 2018 crypto currency GPU crisis, but that's not what's happened it's still with us and who knows when it will finally end and we'll see old GPU's being sold below their original MSRP again. How is LHR a "cruel joke", ineffective sure, but it's not cruel or a joke. Why bring up Biden? He doesn't have the power to affect significant change to the GPU shortage.
 

Bobbydpue

Posts: 327   +217
Sorry, dude, I can't believe you defend scalping. Scalping should be a fellony, it's not "supply and demand", it's an intermediary who swindles people out of their money and that's what I said, profiting from a crisis, profiting of people's misfortune and in fact, destabilizing a market by amplifying supply issues.
If people didn't buy from scalpers scalping wouldn't exist. Scalpers don't swindle people out of their money they offer a product for sale at an inflated price, people don't have to buy it, people aren't tricked into paying more. Buyers can take the offer or not there is a choice.
 

Adhmuz

Posts: 2,239   +1,054
I've gotten 2 cards from the EVGA queue at MSRP 3080 and 3080ti ftw3 models
Lucky, I've been the their queue for over a year and have heard nothing, recently got notified that the card I was waiting for is no longer available and got moved to the LHR version. Then got another notification about their "Elite" club and Q3.0 which get priority access to new hardware... So in other words I'm probably never going to get a card from them now as I can't join due to not having purchased any recent hardware from them.
 

dankbot420

Posts: 9   +5
Lucky, I've been the their queue for over a year and have heard nothing, recently got notified that the card I was waiting for is no longer available and got moved to the LHR version. Then got another notification about their "Elite" club and Q3.0 which get priority access to new hardware... So in other words I'm probably never going to get a card from them now as I can't join due to not having purchased any recent hardware from them.
Yeah that happened to me too the 3080 got switched to an LHR model I originally signed up in October 2020 and got one about a year later. The 3080ti signed up on launch day and it took a couple months.
 
I`ve only replayed older games since the current situation and I`ll do anything before I`ll pay these m0therf...s anything. Scalpers or AMD/NVIDIA is just the same, profiting from people`s misfortune. Needless to say, these companies don`t give a fxck about gamers, the very people that built their fortunes. Nvidia`s LHR is a cruel joke and AMD didn`t even bother that much. Assuming Biden stops printing money, crypto will soon stall, mining will be dead, just as in 2018 and when a ton of used cards will flood the market, we`ll have the last laugh.
Although I mostly agree with your statement, games DID NOT make either Nvidias or AMDs fortunes. Games are an insignificant part of their profits.
 

emmzo

Posts: 609   +766
Although I mostly agree with your statement, games DID NOT make either Nvidias or AMDs fortunes. Games are an insignificant part of their profits.
Gaming insignificant for them? You better check their quarterly earnings from last years from gaming cards. It's in the billions of dollars. Also, if it were so insignificant, they would have ended that already. Or maybe you think Intel joined the race because they have nothing better to do with their money. Besides, I didn't say gaming exclusively built their fortunes, but it was a semnificant part of their revenue, especially Nvidia's, since AMD was a CPU company first.