The Scalpers are out!

Discussion in 'Apple Watch' started by camtechman56, Apr 5, 2015.

  1. camtechman56 macrumors regular

    Joined:
    Feb 18, 2015
    Location:
    Warren, pa.
    #1
    I was just on Ebay and see a number of ads for the Apple watch " pre-orders", got to love it! Now why would someone pay a higher price just because it is on ebay? I know you could dehydrated water on ebay if you market it good enough: "dehydrated water, just add water and sooth your thirst":eek:

    What do you think about scalping?:(
     
  2. mattopotamus macrumors G5

    mattopotamus

    Joined:
    Jun 12, 2012
    #2
    As someone who "scalped" a PS3 years ago, it was the easiest money I have ever made. I wasn't planning on selling it, but made $1500 b.c the stock was so limited.

    To each their own. If you really want the product, you won't need to worry about scalpers.
     
  3. ardchoille50 macrumors 68020

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    Feb 6, 2014
    #3
    "A fool and his money are soon parted"
     
  4. Newtons Apple macrumors P6

    Newtons Apple

    Joined:
    Mar 12, 2014
    Location:
    Jacksonville, Florida
    #4
    Guess these auction would not be there if no one was buying into it.

    Just like a complete stranger from Nigeria wanting to give you 5 million dollars!
     
  5. GrumpyMom, Apr 5, 2015
    Last edited: Apr 5, 2015

    GrumpyMom macrumors 601

    GrumpyMom

    Joined:
    Sep 11, 2014
    Location:
    Rinoriducruin
    #5
    Interesting, as I just came from a thread where people were angsting a bit over the fact nobody they know and love is even aware of the Apple Watch or cares to hear about it.

    It's like feast or famine as far speculation on the future prospects of this product are concerned. Either nobody will give a hoot on launch day and it will die an embarrassing but quiet death while people stick to their Fitbits or look down their noses at wearable tech altogether while lovingly polishing their Rolexes...or it will be so desirable demand will crash the servers and scalpers will become rich and bring in enough dough to buy the Gold Edition watch if they wanted to.

    Lol at EBay. I see weird stuff on there all the time that gets people on various forums up in arms. It's an interesting marketplace to say the least.
     
  6. refslady macrumors regular

    Joined:
    Sep 10, 2014
    Location:
    Thawing North
    #6
    There is a Sport Watch selling for $540 on eBay. I would guess, and HOPE, that the 14 bidders are people in non-1st wave countries who are willing to pay the premium just to have the watch before their release date.
     
  7. Chupa Chupa macrumors G5

    Chupa Chupa

    Joined:
    Jul 16, 2002
    #7
    It's a free market. If a "scalper" can make decent bucks after eBay fees good for them. It only means the product was underpriced or the buyer is a fool. I suspect the resale market for AW will be quite shallow b/c it's not underpriced.
     
  8. Multiverse223 macrumors regular

    Joined:
    Mar 16, 2015
    #8
    Supply and demand.
     
  9. Presonance macrumors regular

    Presonance

    Joined:
    Aug 31, 2010
    #9
    I'll admit it, when I was in college I bought an iPad and sold it on eBay to a guy in Dubai for $2000. I needed the money and didn't have time for a second job. Eventually saved up enough to buy myself a used iPad. Scalping works (sometimes).
     
  10. Voragon macrumors member

    Voragon

    Joined:
    Mar 16, 2012
    #10
    Want it but if out of stock...

    Well I want one and will pre order online if I can .... But if scalpels suck up the inventory then I will wait until Apple has inventory .... I want this one directly from Apple.
     
  11. mjs402 macrumors 6502

    Joined:
    Oct 24, 2013
    #11
    What!? He told me it was all mine!
     
  12. Wallabe macrumors 6502a

    Joined:
    Mar 15, 2015
    #12
    I wouldn't think it's anyone selling to China. Apple is launching it over there at the same time.

    It's just your typical initial supply and demand profit. It goes out of stock and they sell it for twice the price or more.

    Ethical? It's not nice to sell it more than it's price tag, but then the buyer who pays for it is willing to pay the price. To each their own.
     
  13. Foggydog macrumors 6502

    Foggydog

    Joined:
    Nov 8, 2014
    Location:
    Left Coast
    #13
    The 6 plus was selling for 2,000 dollars when it first came out in the Philippines. To bad I couldn't get in line and buy 10 of them and then fly to Manilla.
     
  14. Aces2412 macrumors regular

    Joined:
    Mar 21, 2012
    Location:
    Near DC
    #14
    All is fair

    If I take the time to, wake up, call in at 3:01am on the 10th and go pick it up on the 24th, i will first check eBay prior to opening the box to see if its worth selling it on eBay. The value of $$ is different for everyone and some wealthy person wants the new AW now and is upset they are sold out may look on ebay and buy it for well over the value.

    ;)
     
  15. Flow39 macrumors 68000

    Flow39

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    Sep 7, 2014
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    At the Apple Store
  16. megatron2000 macrumors newbie

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    Sep 14, 2012
    #16
    I doubt you would return in one piece. #
     
  17. Network33, Apr 5, 2015
    Last edited: Apr 5, 2015

    Network33 macrumors member

    Network33

    Joined:
    Jul 9, 2013
    #17
    I wouldn't worry to much about the ebay AW preorder sellers, out of the 100 SOLD items I looked at searching for apple watch, most are generic smart watches about 12 are AW pre-orders. 3-4 items were sold and re-listed for some reason (buyer not paying).

    The highest I saw was $549+ lowest $430 for the 42mm, after ebay fees that's a whooping $45 bucks profit! not enough to buy a sport band.. at $430 your losing up to $60. This is before shipping with Signature conformation ($2.35) and proper shipping insurance ($8 for $431) USPS medium Flat box $11.30+$2.35+$8=$21.65 shipping

    Yes, we don't know if or how long any wait could be if the supplies are limited so that price could go up.

    my math AW Sport 42mm 399.00 x .08 ($31.92 California Sales Tax) = $430.92

    I don't see it being worth the time, it's going to be hard enough to buy one at 12:01, let alone buy multiple AW for resale.

    Has anyone read that Apple is going to limit the number of watches you can order on 4/10? I've read some people are buy 2 one for them and another for (BF/GF/Wife)

    I may buy two because like many I'm still undecided on 38mm/42mm, Space grey or Silver Aluminum.
     
  18. Presonance macrumors regular

    Presonance

    Joined:
    Aug 31, 2010
    #18
    The limit is usually 2 per CC.
     
  19. MH01 macrumors G4

    MH01

    Joined:
    Feb 11, 2008
    #19
    Just another apple launch. The scalpers better hope supplies are limited
     
  20. Piggie macrumors 604

    Piggie

    Joined:
    Feb 23, 2010
    #20
    I agree, but in reality they are no worse than most business people we buy from every day.

    Get something made in the USA for $10, sell it to you for $50.

    Kick the USA worker out on their ass, get it made in china for 50 cents, and still sell it to you for $50.



    Sell a bunch of flowers every day for $20
    It's mothers day tomorrow, I know everyone is desperate for flowers, so let's raise the price of the same bunch to $40



    Sugar is in short supply the news says, I sell sugar. I know people are going to be coming in and buying up sugar so they don't run out, so let's raise the price of my bags of sugar from $1 to $3


    Humans screw other humans over to make money for themselves.
    It's the way of the world (esp our capitalist world we live in here)


    So yes, I hate those who buy up stuff and put on Ebay for twice the amount, but I also accept that's what everyday business people do all day long.
    We just don't really see them doing it so obviously.
     
  21. maflynn Moderator

    maflynn

    Staff Member

    Joined:
    May 3, 2009
    Location:
    Boston
    #21
    Its one of the attributes we have to live with a free market. As long as Apple has in place controls so scalpers don't buy up all the inventory, I don't really care what they do (not that I'm going to buy an apple watch)
     
  22. Piggie macrumors 604

    Piggie

    Joined:
    Feb 23, 2010
    #22
    I'll tell you now the biggest and I mean the BIGGEST thing that grates on me re this.....

    It's when there is a super sale on at a store, and the store employees buy up all the best bargains before the public has even got a chance, or they give money to a friend and get the friend to buy them all up, perhaps holding things back for their friend.

    THAT I think should be stopped, and I'm sure it's not allowed in some stores.
     
  23. bbeagle macrumors 68040

    bbeagle

    Joined:
    Oct 19, 2010
    Location:
    Buffalo, NY
    #23
    Same with the PS4 launch. Some of my friends REALLY needed it, some didn't care a hoot. But you could see that supply of the PS4 was still well under demand.

    Same thing with the Apple Watch. It truly feels that are more people who feel the need to get one than there is supply. If only 5% of Apple users want it, the demand will outstrip supply.

    So, 19 out of 20 Apple users you talk to will NOT want the watch, but the watch will STILL be hard to get. And Apple will STILL sell more smart watches than every other competitor.

    So that's why the scalpers are out - to make money from this demand.
     
  24. Piggie macrumors 604

    Piggie

    Joined:
    Feb 23, 2010
    #24
    I know I should not be cynical ;)

    But I still think, for worldwide Public PR Reasons, Apple will, if needed, balance supply with demand.

    Even if they have 50 million made, they won't release them all, so that all sores has a mass of stock any no one every runs out.
    This will look, to the media/press as though demand was lower than expected, loads sitting on the shelves unsold.

    Likewise, they don't want thousands of customers walking away unable to buy them, when the actually do have more, being deliberately held back in warehouses somewhere.

    Ideally you would want to balance it just about right, so it looks like they are in short supply, due to "amazing sales, better than expected" and yet, no so short you upset customers too much.

    If this really is controlled in this way I don't know.
    But seeing how much time, effort and money Apple have put into this new category launch, and how much they REALLY don't want it to look like a flop, whatever the demand, having such a strategy in place would not surprise me at all.

    After all, this is what supermarket food stores do all the time, they keep stock fresh in storage, and only release it to stores as and when needed.

    Hence, the cynic in me, suspects that supplies will be tight, and sales will be better than expected (the public shall be told later) irrespective of how many are actually made/sold.
     

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