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Author Topic: Feature: The Decline of the PS3 Grey Market  (Read 153 times)

BoNg420

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Feature: The Decline of the PS3 Grey Market
« on: December 29, 2006, 06:52:00 PM »

at $724 they prob not making $100, here it is $650 with tax, so thats $74 more, average about 30-40 for ebay fees and another $20 for paypal then shipping, you just wasted time
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xboxbox451

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Feature: The Decline of the PS3 Grey Market
« Reply #1 on: December 29, 2006, 08:21:00 PM »

QUOTE(article quote)
I talked to many people planning on financing college, cars, vacations, and countless other dream items with the fruits of their labor.


Fruits of their labor? More like scamming the public.

It disgusts me to see people buying these units and then trying to force others into paying nearly double the retail cost, cause scalpers nearly cornered the market of a very limited production launch. However, the last laugh was on the scalpers. I've seen tons of ads where scalpers reduced their price cause bidders simply were not paying. That's wasted fees, time , energy, and certainly no profit of which they dreamed.  laugh.gif
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Martinchris23

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Feature: The Decline of the PS3 Grey Market
« Reply #2 on: December 29, 2006, 11:28:00 PM »

QUOTE(epsilon72 @ Dec 30 2006, 06:15 AM) View Post

Once again - even though what the ebay sellers did made some people unhappy, they weren't scamming anybody.  When shortages occur, prices inevitably rise.  The ebayers just helped put the law of supply/demand into action in the PS3's case.  The buyers of the expensive PS3 auctions weren't forced into buying anything - to them, a PS3 was worth $xxxx, or else they wouldn't have bought it...the only people that were unhappy were those who were not able to get a console at launch (which doesn't really matter now because they are much easier to find).


Yes, but you fail to recognise that the reason shortages occured was mainly due to the people buying in quantity SOLELY to sell on Ebay at greatly inflated cost. This does untold damage to an economy and it wouldn't be unreasonable to assume this is what killed the grey market.

The demand was falsely created by the greed of others wanting to make a quick buck out of someone else's wish to purchase. Remove the greed and you no longer have such a problem with demand.
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Exist2Resist

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Feature: The Decline of the PS3 Grey Market
« Reply #3 on: December 30, 2006, 12:55:00 AM »

Because the only people that are willing to pay $2500 for a PS3 are the hardcore PS fanboys. Because everyone else knows how much of a flop that system is. Can you say dreamcast.
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Kamasutra318

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Feature: The Decline of the PS3 Grey Market
« Reply #4 on: December 30, 2006, 03:17:00 AM »

Serves 'em right. And well said Martinchris23.
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epsilon72

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Feature: The Decline of the PS3 Grey Market
« Reply #5 on: December 30, 2006, 03:01:00 PM »

QUOTE(Exist2Resist @ Dec 30 2006, 01:02 AM) View Post
Because the only people that are willing to pay $2500 for a PS3 are the hardcore PS fanboys. Because everyone else knows how much of a flop that system is. Can you say dreamcast.


erm...it's only been out a month...give it more time.
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Exist2Resist

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Feature: The Decline of the PS3 Grey Market
« Reply #6 on: December 30, 2006, 03:51:00 PM »

QUOTE(epsilon72 @ Dec 30 2006, 05:08 PM) View Post

erm...it's only been out a month...give it more time.


More time for what, the PS3's are already collection dust on the shelves of disrtibutors.
People walk in see the price tag, look at the 360/Wii price tag, and their mind is made up, they purchase a 360 which has a bigger library and all the game visuals look the same, or a Wii which has a craptastic Remote.
I think more and more people everyday realise that buying a PS3 is a lost investment.
Sorry to say it but its beginning to look like the PS3 is loosing out to the other two consoles. Big Time.

I can buy a Premium 360 for $450 CAD ($513 /w tax) with a Game some Arcade titles, 3 month xbox live, and some M$ points. OR a PS3 for $660 CAD ($752 /w tax) or $550 (630/ w tax).
Either way i come out on top with the 360 because it comes bundled with items, and as a consumer i will buy the system that comes with the better package.
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dmitri

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Feature: The Decline of the PS3 Grey Market
« Reply #7 on: December 31, 2006, 01:27:00 AM »

QUOTE(Exist2Resist @ Dec 30 2006, 10:58 PM) View Post

More time for what, the PS3's are already collection dust on the shelves of disrtibutors.
People walk in see the price tag, look at the 360/Wii price tag, and their mind is made up, they purchase a 360 which has a bigger library and all the game visuals look the same, or a Wii which has a craptastic Remote.
I think more and more people everyday realise that buying a PS3 is a lost investment.
Sorry to say it but its beginning to look like the PS3 is loosing out to the other two consoles. Big Time.

I can buy a Premium 360 for $450 CAD ($513 /w tax) with a Game some Arcade titles, 3 month xbox live, and some M$ points. OR a PS3 for $660 CAD ($752 /w tax) or $550 (630/ w tax).
Either way i come out on top with the 360 because it comes bundled with items, and as a consumer i will buy the system that comes with the better package.


Wait a year.  BluRay and HD-DVD kinda flopped this Xmas, but they'll be in full force this coming year.  The Ps3 is the cheaper, better(HDMI) HD player.  Rechargable controller, wifi out of the box, the Ps3 is the better deal.  pop.gif

-dp
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throwingks

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Feature: The Decline of the PS3 Grey Market
« Reply #8 on: December 31, 2006, 08:15:00 AM »

QUOTE(dmitri @ Dec 31 2006, 03:34 AM) View Post

Wait a year.  BluRay and HD-DVD kinda flopped this Xmas, but they'll be in full force this coming year.  The Ps3 is the cheaper, better(HDMI) HD player.  Rechargable controller, wifi out of the box, the Ps3 is the better deal.  pop.gif

-dp

As a High Definition Media Player, yes. How many people are gonna be in the market for that, compared to the amount of people in the market for a High Definition gaming machine? In which case the Xbox360 is the better deal.

P.S. And, in the year you are talking about. There will be hybrid High Definition players which would be better buy than the PS3, for anyone looking for an HD player.
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Exist2Resist

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Feature: The Decline of the PS3 Grey Market
« Reply #9 on: December 31, 2006, 10:14:00 AM »

QUOTE(darklord999 @ Dec 31 2006, 10:55 AM) View Post

The premium 360 is comparable to the 20GB PS3.  The price difference is about $100, sure you get some filler games with the 360 but I would rather take the Blu Ray instead.

Add $50 to the 360 premium for the wifi adapter, or lack of thereof, and it's comparable to the 60GB PS3.  But the 360 still has a smaller hard drive with no HD/Blu Ray player.

Anyway you slice it, the PS3 is not overpriced as a machine.  Maybe as a gaming machine, it's slightly overpriced but you don't pay for PS3 online, while 360 charges you, what, $10 per month.  Over the life of the console, the online charge will easily be $400-$500.

The reaction to PS3's price is due to "STICKER SHOCK" more than anything.  People will rather spend $450 on a console initially, then later on pick up the wi fi adapter, pay for Xbox Live etc., without realising that at the end, they are actually spending more.

In a country where you need a calculator to do the math on how much change to give back to the customer for a $5.63 McDonald meal, this is what happens.
How much do you think the 60GB PS3 would be without the Blu Ray player?  The price might drop $100-$150 by my guesstimation.  So you have problem paying $100-$150 for a $700 Blu Ray player?

OK, not everyone wants it but I would rather pay $100 for it now than $700 for it later.  People didn't complain about the $300 PS2 inital price tag but did they realize you need a $100 addon for DVD playback and another $100 for HD drive for PS2?

And that was 6 years ago.


WiFi ? What are you new. Yes because i want to run wifi to any of my ethernet capable devices. I will never use wifi, it is a slow and sometimes can be an unstable connection. Wifi is for mommy that uses her laptop to surf the internet. Wired is for me, who uses their connection at its max bandwidth, sometimes bringing the modem to its knees. I'd rather have the option, thank you. And my option is to never use it.

Let's see. If you had anything that came close to the xbox live network on the PS3 you wouldnt be saying that. Ask anyone with XBL and they'll tell you it is a suprior online gaming experience. Games, Trailes, things you can customize your dashboard with... etc. PS3 has adopted the PC online model, and like i said before, if the PS3 will have a successful game like GOW more than likely the network will be brought down to its knees.
Either way Unless you have fully experienced XBL i wouldnt comment on it. And everything that the PS3 has tried to do on their online service was copied from the XBL model, then claiming that they thought of it first. Laughable, and arrogant just liek you.

Oh please Blu Ray i still encoding their video in Mpeg 2, the HD DVD quality of picture is superior and the interactive PIP menus are more enticing. They have the capabilities to do VC-1 but i think because it is a M$ codec they will not be using it. Or the royalties on it are huge, thats why it is being avoided. So take your BD Player and i hope you enjoy it while it lasts. I know you can't tell who the clear winner is yet, but BD discs will more that likely be used as coasters in the near future.
And hardcore movie fan that does his reasearch will be buying an HD DVD player, for two reasons; Cost and Quality.




Precious Blu Ray gets an ass whoopin'.

http://www.gamescent...dvd-vs-dvd.aspx
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throwingks

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Feature: The Decline of the PS3 Grey Market
« Reply #10 on: December 31, 2006, 12:36:00 PM »

QUOTE(darklord999 @ Dec 31 2006, 10:55 AM) View Post
How much do you think the 60GB PS3 would be without the Blu Ray player?  The price might drop $100-$150 by my guesstimation.  So you have problem paying $100-$150 for a $700 Blu Ray player?

OK, not everyone wants it but I would rather pay $100 for it now than $700 for it later.  People didn't complain about the $300 PS2 inital price tag but did they realize you need a $100 addon for DVD playback and another $100 for HD drive for PS2?

And that was 6 years ago.

I have a problem paying $100-$150 for a $0 Blu Ray player. I do not want 1. I am willing to wait for a decided winner (or hybrid), and a HDTV 1st.
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bigjimmy

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Feature: The Decline of the PS3 Grey Market
« Reply #11 on: December 31, 2006, 01:52:00 PM »

QUOTE
I am willing to wait for a decided winner (or hybrid), and a HDTV 1st.


Yeah me too
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dvsone

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Feature: The Decline of the PS3 Grey Market
« Reply #12 on: December 31, 2006, 11:06:00 PM »

QUOTE(darklord999 @ Dec 31 2006, 04:55 PM) View Post

The premium 360 is comparable to the 20GB PS3.  The price difference is about $100, sure you get some filler games with the 360 but I would rather take the Blu Ray instead.


I know this is getting off topic but...

I'm in Australia and at one of Australia's major electrical retailers (JB HiFi) they are selling the core bundle for AUD$375 (US$295), and the pro 360 bundle for AUD$567 (US$448). They also had the Massive Entertainment Pack bundle which includes 2 games and an extra wireless controler for AUD$649 (US$511).

The PS3 20GB bundle was going to be AUD$878 (US$709), and 60GB AUD$999 (US$789). That was before sony pulled the plug on the worldwide launch.

There's a huge price difference in my neck of the woods. Sony will need to cut their RRP on both models before launching here, else they might as well just put the launch off until the 2007 holiday season.

EDIT: Oh yeah and the Wii is AUD$400 (US$315), going to get myself one soon when they are back in stock.
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EnergySurge

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Feature: The Decline of the PS3 Grey Market
« Reply #13 on: January 01, 2007, 12:40:00 PM »

Who cares if the PS3 price tag is that high, get the 20GB model, thats why I did, I only paid $20 more than retail to get it because there was none in the stores (found some guy on a message board (redflagdeals.com/forums) and i got it from him.  I'm happy with it, I only have Resistance and Need for Speed:Carbon, I want to get COD3 and that R6 Vegas game once they come out but im saving money up for other things, maybe the paycheck after my next one ill get them.

But all-in-all, You have to look at the statistics of the sales, they were ALL sold out and it wasn't ALL scalpers, I am guessing maybe 15-20% of the sales were people just reselling them.  I know a few people at my work who waited in line in order to get them for themselves, they still have the console, I know, because I play resistance with them once in awhile.  I don't use the PS3 that much but its s till a decent console.  Yes I will agree at the moment the 360 is MUCH better in terms of the online service, the ps3 online service is not that good but hey.. its free right smile.gif
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Martinchris23

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Feature: The Decline of the PS3 Grey Market
« Reply #14 on: January 01, 2007, 04:39:00 PM »

QUOTE(chrnochime @ Jan 1 2007, 12:06 AM) View Post

Bring your (adsl) modem to its knees? A typical adsl service is 2-3Mbps. Even a wireless(802.11g, let alone a 11b connection) connection(LAN) will "bring the modem to its knees". It doesn't matter whether you're using fastethernet or gigabit, since that fat bandwidth on your LAN side is useless because your WAN side is so slow anyway. You're pushing more stuff to the modem every second only to have it transfer at a much slower pace. It ain't going to get faster just because you have faster LAN. Yeah that wired connection sure makes going online faster LOL

Wireless is unstable because of the equipments used and various other factors. If you don't know how to make it stable, try harder.



Your post almost looks as if you don't know what you're talking about - I'm sure it's not the case.

You're from the UK too - I can tell by your first comment. The typical ADSL connection may well be 2-3Mbps where you are, but most ISPs are offering ADSL2 at up to 16Mbps and ADSL2+ at up to 24Mbps. Yes, some people will get those speeds. This is only the story for ADSL. Don't assume that modem means ADSL for starters. Cable modems are able to reach much higher speeds (up to 36Mbps). I know that NTL are offering 24Mbps already.

Next we have wireless bandwidth. Wifi devices share connections with others on the same WAP, so having more than 1 device is already dropping your possible connection by 50%.

Don't forget distance - not everyone has a good signal which will avoid packet loss without spending more money.

So in a moderate house, you could have 3 devices on wifi (a main PC, a laptop and a console).

Without spending more money, you'll be lucky to get 4-7Mbps to each device as you'll never see your full bandwidth. don't believe me?

http://www.microsoft...relesstips.mspx

QUOTE
"Wireless networks never reach the theoretical bandwidth limits. 802.11b networks typically get 2-5Mbps. 802.11g is usually in the 13-23Mbps range."


So, either:

a.
Put more money into your wireless network.
Add amplifiers/repeaters
Replace WAP to incorporate 802.11a, etc.
Reposition your WAP to get the most coverage and 100% connection rate required for constant packets. Move 2.4Ghz devices away from the WAP / Wi-Fi adaptor.
Lock down your newly created Wireless network so neighbours/passers by cannot hack in (forget about MAC filtering and WEP/WPA, they're all hackable). You're broadcasting to half the street now, so it had better be a good solution.

or..

b. Lay a cable.

You've gotta admit - this is a lot of work to justify paying for a built in wifi (and using it!).

I know this post is seriously OT (to the thread itself), so apologies.
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