The demand on these is unreal, how could nintendo underestimate the popularity of this? Didn't they learn from the Wii?
Seriously, people need to understand that Nintendo does this on purpose. They did the same thing with amiibos. If you create a relatively low quantity item with lots of demand, they fly off the shelves. They will then release a few more waves, also flying off of the shelves due to the continued demand. Eventually they will make a bunch and they will sit. I'm guessing this nets them more money overall then just throwing a crap-ton out at once by creating hype and demand.
I'll add that they don't gain any financial benefit from having a butt ton of them sitting on store shelves. If they sell out instantly, thats a lot of profit. They'd rather do that than over produce and have money sitting there waiting to be bought
For 400$ you could buy an Everdrive type cart and put EVERY Rom on it and an NES to play it on. No need for these half-baked nostalgia-type console clones to get that job done.
I think you might be "slightly" overpaying for your flash carts and/or your used NES systems.
For 400$ you could buy an Everdrive type cart and put EVERY Rom on it and an NES to play it on. No need for these half-baked nostalgia-type console clones to get that job done.
I think you might be "slightly" overpaying for your flash carts and/or your used NES systems.
yeah. no kidding. hell get an avs, still cheaper and you get your hdmi
Do these really have a lot of appeal to collectors here, especially on this form? Most of us that want to play these games either use an emulator or have an NES with the carts. This is a glorified emulator, correct? They can't even read a real NES cart, right?
I didn't have Pac-Man until yesterday. I'm willing to bet most of us don't have Ice Climber (I lucked into it a few months ago; only had the eReader cards and GBA releases before that). There are enough valuable games that not many of us would happen to have all 30 legitimately.
It really annoys me to see people brag about getting "it all" for free, like anyone else couldn't. They think it makes them special. I'm like "Yeah? Well I can dump all the ROMs from the original cartridge AND play them on the original cartridge." That really is more than most people could do/say.
I get just as annoyed when I buy a movie and someone pipes up to tell me that they don't buy movies or that they just downloaded it. Well, I could have too. The difference is that I am not under the delusion that it's something to be proud of or an ability worth distinguishing. Literally ANYONE could, so you aren't special and aren't earning any points with me. If I bought it it's probably because I love/support it and, if anything, your refusal to do so is an affront to what I care about. Go ahead an pat yourself on the back, but don't expect me to.
The demand on these is unreal, how could nintendo underestimate the popularity of this? Didn't they learn from the Wii?
Seriously, people need to understand that Nintendo does this on purpose. They did the same thing with amiibos. If you create a relatively low quantity item with lots of demand, they fly off the shelves. They will then release a few more waves, also flying off of the shelves due to the continued demand. Eventually they will make a bunch and they will sit. I'm guessing this nets them more money overall then just throwing a crap-ton out at once by creating hype and demand.
American companies oversupply everything. That's why Atari turned out like it did. Outlet stores bursting with brand-new Atari games for $1 in 1991. Landfills full of games in 1983. American pickup trucks selling for $10,000 under sticker. Nintendo has always known that can get you in deep trouble and cheapens the brand.
Do these really have a lot of appeal to collectors here, especially on this form? Most of us that want to play these games either use an emulator or have an NES with the carts. This is a glorified emulator, correct? They can't even read a real NES cart, right?
Not really. Most collectors here don't give a shit about it, and the ones that do are buying it for the office or a friend. It has little appeal other than it's cute and has a nice box (sorta like my ex girlfriend)
Do these really have a lot of appeal to collectors here, especially on this form? Most of us that want to play these games either use an emulator or have an NES with the carts. This is a glorified emulator, correct? They can't even read a real NES cart, right?
I didn't have Pac-Man until yesterday. I'm willing to bet most of us don't have Ice Climber (I lucked into it a few months ago; only had the eReader cards and GBA releases before that). There are enough valuable games that not many of us would happen to have all 30 legitimately.
It really annoys me to see people brag about getting "it all" for free, like anyone else couldn't. They think it makes them special. I'm like "Yeah? Well I can dump all the ROMs from the original cartridge AND play them on the original cartridge." That really is more than most people could do/say.
I get just as annoyed when I buy a movie and someone pipes up to tell me that they don't buy movies or that they just downloaded it. Well, I could have too. The difference is that I am not under the delusion that it's something to be proud of or an ability worth distinguishing. Literally ANYONE could, so you aren't special and aren't earning any points with me. If I bought it it's probably because I love/support it and, if anything, your refusal to do so is an affront to what I care about. Go ahead an pat yourself on the back, but don't expect me to.
For the record, I don't emulate myself. I own an NES and all of these games. I wasn't trying to spark a debate between emulation/piracy and owning the real deal.
I got one, was going to get 2, but after waiting in line at Walmart for 6 hours they dropped it to 1 per customer so the people that showed up in the last 5 minutes could get one... kinda upset me.
How many here think this will cause a new surge in interest in classic games? I know people were talking in line about how they wanted more games than are on the machine and will have to look on ebay for a console and games.
I got one, was going to get 2, but after waiting in line at Walmart for 6 hours they dropped it to 1 per customer so the people that showed up in the last 5 minutes could get one... kinda upset me.
How many here think this will cause a new surge in interest in classic games? I know people were talking in line about how they wanted more games than are on the machine and will have to look on ebay for a console and games.
It might surge, but like Pokemon GO and every other fad, the numbers will go back to normal after people get bored of it. It is all about the hype.
I got to Target a few minutes before it opened and was about 30th in line. I thought, no big deal, they probably have a full pallet of them.
When everyone gets to the electronics section, a lady announces they only received 12 of them from Nintendo, plus only 2 extra controllers, and they apparently gave out tickets already for them, which no one knew about.
Then when I was leaving, I heard two employees talking about the NES and one said he bought 3 of them!
But I'm pissed at Nintendo, not Target, for creating this artificial scarcity before Christmas.
Do these really have a lot of appeal to collectors here, especially on this form? Most of us that want to play these games either use an emulator or have an NES with the carts. This is a glorified emulator, correct? They can't even read a real NES cart, right?
Not really. Most collectors here don't give a shit about it, and the ones that do are buying it for the office or a friend. It has little appeal other than it's cute and has a nice box (sorta like my ex girlfriend)
Couldn't justify bothering to get one, I've got all the games on the thing and an AVS, it would just sit in my collection anyway.
You can't even tell the difference between a mint box and this new NES's box (not that I've compared the two, but the box is beautiful mint) so it would will look nice even with you guys on the site that have insane collections; that's my opinion at least haha
Let's not forget that the whole reason we want these is because it's simply fun. Yes, I could emulate games and there are probably more ways than I could count to do it. For me, though, somehow the experience significantly diminishes when I emulate. I just enjoy the whole setup.
Refresh like this is just as fun to me. Personally, I think the $60 price tag is to high, but I'm still willing to pay it. Why? Because it's fun! Plus, I really want to get another controller and play with my kids. The reason why I can't do that is because my gaming lair is outside of my home (I have an personal office area in a relatives home.) But, this is a simple system that I can play with my 3 and 5 year old on our home TV.
I don't mind waiting for this, though. Follow up question-- anyone know if there's a list of sellers/distributors floating around from Nintendo? It might be worth heading into the less-likely locations. For instance, I could see something like this setting aside in CVS or Walgreens. When it gets close to Christmas, some times these chain pharmacies will sell some of these "hot item" toys.
But I'm pissed at Nintendo, not Target, for creating this artificial scarcity before Christmas.
Screw Nintendo.
We're two weeks from Black Friday.
This is hardly a time to be concerned about artificial scarcity before Christmas.
If anything, they trickle it out now, build a shitload more hype, and then they dump a ton of them between Black Friday and Christmas Eve.
Nintendo doesn't want people paying scalpers $200+/unit on eBay more than anybody else does.
They want people buying the systems from them -- but they are building hype via preliminary scarcity to guarantee they sell a zillion of them.
(and frankly anybody paying that kind of price on eBay right now is a dope that should know better)
Yup, when people resort to scalpers, that is just one less system that would have been purchased from Nintendo. They make no money from scalpers.
IMO, They want to create to just enough hype to get people waiting in line, and amped to get one, with a good amount disappointed they couldn't get one adding to the hype train.
But be able to release a second wave fairly close enough to the initial release (black friday/early dec). That way the people who missed out on one and others who weren't even that interested, but becauce of the hype, now NEED one because they might "miss out again", buy them up like hotcakes. With a small enough window so not to many of those potential customers resort to scalpers and Nintendo loses out on their purchases.
Happens to work well for Nintendo, because most scalpers are so greedy they list them for absurd prices and end up sitting there. Although some people do buy into it and pay the crazy prices
Nintendo doesn't want people paying scalpers $200+/unit on eBay more than anybody else does.
They want people buying the systems from them -- but they are building hype via preliminary scarcity to guarantee they sell a zillion of them.
(
The same systems are being sold to the same people, just with an extra middleman. Sure, it may suck for people paying $200, but i know people that would rather spend extra than wait in line. Nintendo gets their profit, and the guy that wants the system ends up with it. Its not ideal, but its the way the free market works.
Nintendo doesn't want people paying scalpers $200+/unit on eBay more than anybody else does.
They want people buying the systems from them -- but they are building hype via preliminary scarcity to guarantee they sell a zillion of them.
(and frankly anybody paying that kind of price on eBay right now is a dope that should know better)
I honestly wonder how many fake bids are being placed right now, just to increase scarcity and price. With eBay, there is practically no punishment for an unpaid bid, and absolutely no punishment if you have a 2nd account. So, bid up every auction, looking like increased demand, and then just... don't pay.
Anyone who isn't patient enough to wait for a rerelease of a 30+ year old system is a dammed fool.
Nintendo doesn't want people paying scalpers $200+/unit on eBay more than anybody else does.
They want people buying the systems from them -- but they are building hype via preliminary scarcity to guarantee they sell a zillion of them.
(and frankly anybody paying that kind of price on eBay right now is a dope that should know better)
I honestly wonder how many fake bids are being placed right now, just to increase scarcity and price. With eBay, there is practically no punishment for an unpaid bid, and absolutely no punishment if you have a 2nd account. So, bid up every auction, looking like increased demand, and then just... don't pay.
Anyone who isn't patient enough to wait for a rerelease of a 30+ year old system is a dammed fool.
Nintendo doesn't want people paying scalpers $200+/unit on eBay more than anybody else does.
They want people buying the systems from them -- but they are building hype via preliminary scarcity to guarantee they sell a zillion of them.
(
The same systems are being sold to the same people, just with an extra middleman. Sure, it may suck for people paying $200, but i know people that would rather spend extra than wait in line. Nintendo gets their profit, and the guy that wants the system ends up with it. Its not ideal, but its the way the free market works.
You have me quoted, but those words are Arch's not mine.
I do agree with him though. Your middleman theory has a flaw and isn't accounting for what we are talking about, which is increasing hype by using artificial scarcity thus increasing sales. It happens with diamonds every day. Diamonds are far from rare, but they only release small amounts of them at a time to keep the value and demand sky high.
People will impulse buy these systems because of human nature. People will want what they can't have, want what everyone else around them is getting, and not want to feel like they will miss another chance to get one(those who didn't get one first wave), thus driving up their sales when a second wave rolls in. It works very well. Look at Amiibos as well for an example. So many people sold their collections when they realized they were just in it for the hype.
If there is an infinite supply, you would have much less people impulse buying these and the hype would be nil. That is the point we are trying to make.
Yes scalpers are just a middle man if you look at it one dimensionally, but if you look at the bigger picture and the psychology behind it, it makes a lot of sense to release it this way from a business perspective to drive sales up.
For 400$ you could buy an Everdrive type cart and put EVERY Rom on it and an NES to play it on. No need for these half-baked nostalgia-type console clones to get that job done.
I think you might be "slightly" overpaying for your flash carts and/or your used NES systems.
I honestly wonder how many fake bids are being placed right now, just to increase scarcity and price. With eBay, there is practically no punishment for an unpaid bid, and absolutely no punishment if you have a 2nd account. So, bid up every auction, looking like increased demand, and then just... don't pay.
Anyone who isn't patient enough to wait for a rerelease of a 30+ year old system is a dammed fool.
On the flip side, I know a local guy who is creating fake Craigslist ads for the NES Mini for $60. He doesn't have any to sell, but he's hoping that he can scare some scapers into lowering their prices buy getting a bunch of low priced ads out there.
The funny/sad part is that people are offering less than his $60 asking price and some are asking questions like "what else are you throwing in?"
The demand on these is unreal, how could nintendo underestimate the popularity of this? Didn't they learn from the Wii?
Seriously, people need to understand that Nintendo does this on purpose. They did the same thing with amiibos. If you create a relatively low quantity item with lots of demand, they fly off the shelves. They will then release a few more waves, also flying off of the shelves due to the continued demand. Eventually they will make a bunch and they will sit. I'm guessing this nets them more money overall then just throwing a crap-ton out at once by creating hype and demand.
They've been doing it since the '80s. Console Wars had a pretty good write-up about it.
For 400$ you could buy an Everdrive type cart and put EVERY Rom on it and an NES to play it on. No need for these half-baked nostalgia-type console clones to get that job done.
I think you might be "slightly" overpaying for your flash carts and/or your used NES systems.
Was an example, not an exact science.
Yeah, but you were like more than double.
But I didn't mean anything buy it. Just giving you a hard time.
Comments
The price-points are resellers and speculators being douchebags trying to make a quick $ on nostalgia. And I'm not surprised in the least.
The demand on these is unreal, how could nintendo underestimate the popularity of this? Didn't they learn from the Wii?
Seriously, people need to understand that Nintendo does this on purpose. They did the same thing with amiibos. If you create a relatively low quantity item with lots of demand, they fly off the shelves. They will then release a few more waves, also flying off of the shelves due to the continued demand. Eventually they will make a bunch and they will sit. I'm guessing this nets them more money overall then just throwing a crap-ton out at once by creating hype and demand.
I'll add that they don't gain any financial benefit from having a butt ton of them sitting on store shelves. If they sell out instantly, thats a lot of profit. They'd rather do that than over produce and have money sitting there waiting to be bought
Precisely.
For 400$ you could buy an Everdrive type cart and put EVERY Rom on it and an NES to play it on. No need for these half-baked nostalgia-type console clones to get that job done.
I think you might be "slightly" overpaying for your flash carts and/or your used NES systems.
Precisely.
For 400$ you could buy an Everdrive type cart and put EVERY Rom on it and an NES to play it on. No need for these half-baked nostalgia-type console clones to get that job done.
I think you might be "slightly" overpaying for your flash carts and/or your used NES systems.
yeah. no kidding. hell get an avs, still cheaper and you get your hdmi
Do these really have a lot of appeal to collectors here, especially on this form? Most of us that want to play these games either use an emulator or have an NES with the carts. This is a glorified emulator, correct? They can't even read a real NES cart, right?
I didn't have Pac-Man until yesterday. I'm willing to bet most of us don't have Ice Climber (I lucked into it a few months ago; only had the eReader cards and GBA releases before that). There are enough valuable games that not many of us would happen to have all 30 legitimately.
It really annoys me to see people brag about getting "it all" for free, like anyone else couldn't. They think it makes them special. I'm like "Yeah? Well I can dump all the ROMs from the original cartridge AND play them on the original cartridge." That really is more than most people could do/say.
I get just as annoyed when I buy a movie and someone pipes up to tell me that they don't buy movies or that they just downloaded it. Well, I could have too. The difference is that I am not under the delusion that it's something to be proud of or an ability worth distinguishing. Literally ANYONE could, so you aren't special and aren't earning any points with me. If I bought it it's probably because I love/support it and, if anything, your refusal to do so is an affront to what I care about. Go ahead an pat yourself on the back, but don't expect me to.
The demand on these is unreal, how could nintendo underestimate the popularity of this? Didn't they learn from the Wii?
Seriously, people need to understand that Nintendo does this on purpose. They did the same thing with amiibos. If you create a relatively low quantity item with lots of demand, they fly off the shelves. They will then release a few more waves, also flying off of the shelves due to the continued demand. Eventually they will make a bunch and they will sit. I'm guessing this nets them more money overall then just throwing a crap-ton out at once by creating hype and demand.
American companies oversupply everything. That's why Atari turned out like it did. Outlet stores bursting with brand-new Atari games for $1 in 1991. Landfills full of games in 1983. American pickup trucks selling for $10,000 under sticker. Nintendo has always known that can get you in deep trouble and cheapens the brand.
Do these really have a lot of appeal to collectors here, especially on this form? Most of us that want to play these games either use an emulator or have an NES with the carts. This is a glorified emulator, correct? They can't even read a real NES cart, right?
Not really. Most collectors here don't give a shit about it, and the ones that do are buying it for the office or a friend. It has little appeal other than it's cute and has a nice box (sorta like my ex girlfriend)
Its being eBayed for up to $300 in some areas
The ebay I use covers all areas...
Originally posted by: CZroe
Originally posted by: Lonsta
Do these really have a lot of appeal to collectors here, especially on this form? Most of us that want to play these games either use an emulator or have an NES with the carts. This is a glorified emulator, correct? They can't even read a real NES cart, right?
I didn't have Pac-Man until yesterday. I'm willing to bet most of us don't have Ice Climber (I lucked into it a few months ago; only had the eReader cards and GBA releases before that). There are enough valuable games that not many of us would happen to have all 30 legitimately.
It really annoys me to see people brag about getting "it all" for free, like anyone else couldn't. They think it makes them special. I'm like "Yeah? Well I can dump all the ROMs from the original cartridge AND play them on the original cartridge." That really is more than most people could do/say.
I get just as annoyed when I buy a movie and someone pipes up to tell me that they don't buy movies or that they just downloaded it. Well, I could have too. The difference is that I am not under the delusion that it's something to be proud of or an ability worth distinguishing. Literally ANYONE could, so you aren't special and aren't earning any points with me. If I bought it it's probably because I love/support it and, if anything, your refusal to do so is an affront to what I care about. Go ahead an pat yourself on the back, but don't expect me to.
For the record, I don't emulate myself. I own an NES and all of these games. I wasn't trying to spark a debate between emulation/piracy and owning the real deal.
How many here think this will cause a new surge in interest in classic games? I know people were talking in line about how they wanted more games than are on the machine and will have to look on ebay for a console and games.
I got one, was going to get 2, but after waiting in line at Walmart for 6 hours they dropped it to 1 per customer so the people that showed up in the last 5 minutes could get one... kinda upset me.
How many here think this will cause a new surge in interest in classic games? I know people were talking in line about how they wanted more games than are on the machine and will have to look on ebay for a console and games.
It might surge, but like Pokemon GO and every other fad, the numbers will go back to normal after people get bored of it. It is all about the hype.
When everyone gets to the electronics section, a lady announces they only received 12 of them from Nintendo, plus only 2 extra controllers, and they apparently gave out tickets already for them, which no one knew about.
Then when I was leaving, I heard two employees talking about the NES and one said he bought 3 of them!
But I'm pissed at Nintendo, not Target, for creating this artificial scarcity before Christmas.
Screw Nintendo.
Do these really have a lot of appeal to collectors here, especially on this form? Most of us that want to play these games either use an emulator or have an NES with the carts. This is a glorified emulator, correct? They can't even read a real NES cart, right?
Not really. Most collectors here don't give a shit about it, and the ones that do are buying it for the office or a friend. It has little appeal other than it's cute and has a nice box (sorta like my ex girlfriend)
Lmao! I spit my drink out laughing at this
But I'm pissed at Nintendo, not Target, for creating this artificial scarcity before Christmas.
Screw Nintendo.
We're two weeks from Black Friday.
This is hardly a time to be concerned about artificial scarcity before Christmas.
If anything, they trickle it out now, build a shitload more hype, and then they dump a ton of them between Black Friday and Christmas Eve.
Nintendo doesn't want people paying scalpers $200+/unit on eBay more than anybody else does.
They want people buying the systems from them -- but they are building hype via preliminary scarcity to guarantee they sell a zillion of them.
(and frankly anybody paying that kind of price on eBay right now is a dope that should know better)
Couldn't justify bothering to get one, I've got all the games on the thing and an AVS, it would just sit in my collection anyway.
You can't even tell the difference between a mint box and this new NES's box (not that I've compared the two, but the box is beautiful mint) so it would will look nice even with you guys on the site that have insane collections; that's my opinion at least haha
Refresh like this is just as fun to me. Personally, I think the $60 price tag is to high, but I'm still willing to pay it. Why? Because it's fun! Plus, I really want to get another controller and play with my kids. The reason why I can't do that is because my gaming lair is outside of my home (I have an personal office area in a relatives home.) But, this is a simple system that I can play with my 3 and 5 year old on our home TV.
I don't mind waiting for this, though. Follow up question-- anyone know if there's a list of sellers/distributors floating around from Nintendo? It might be worth heading into the less-likely locations. For instance, I could see something like this setting aside in CVS or Walgreens. When it gets close to Christmas, some times these chain pharmacies will sell some of these "hot item" toys.
But I'm pissed at Nintendo, not Target, for creating this artificial scarcity before Christmas.
Screw Nintendo.
We're two weeks from Black Friday.
This is hardly a time to be concerned about artificial scarcity before Christmas.
If anything, they trickle it out now, build a shitload more hype, and then they dump a ton of them between Black Friday and Christmas Eve.
Nintendo doesn't want people paying scalpers $200+/unit on eBay more than anybody else does.
They want people buying the systems from them -- but they are building hype via preliminary scarcity to guarantee they sell a zillion of them.
(and frankly anybody paying that kind of price on eBay right now is a dope that should know better)
Yup, when people resort to scalpers, that is just one less system that would have been purchased from Nintendo. They make no money from scalpers.
IMO, They want to create to just enough hype to get people waiting in line, and amped to get one, with a good amount disappointed they couldn't get one adding to the hype train.
But be able to release a second wave fairly close enough to the initial release (black friday/early dec). That way the people who missed out on one and others who weren't even that interested, but becauce of the hype, now NEED one because they might "miss out again", buy them up like hotcakes. With a small enough window so not to many of those potential customers resort to scalpers and Nintendo loses out on their purchases.
Happens to work well for Nintendo, because most scalpers are so greedy they list them for absurd prices and end up sitting there. Although some people do buy into it and pay the crazy prices
Look on eBay. Scalpers are making a fortune on this thing. They're selling like crazy for $150 to $200 to impatient people.
Let them take those silly people for their money, no one is forcing anyone to buy anything.
Nintendo doesn't want people paying scalpers $200+/unit on eBay more than anybody else does.
They want people buying the systems from them -- but they are building hype via preliminary scarcity to guarantee they sell a zillion of them.
(
The same systems are being sold to the same people, just with an extra middleman. Sure, it may suck for people paying $200, but i know people that would rather spend extra than wait in line. Nintendo gets their profit, and the guy that wants the system ends up with it. Its not ideal, but its the way the free market works.
Nintendo doesn't want people paying scalpers $200+/unit on eBay more than anybody else does.
They want people buying the systems from them -- but they are building hype via preliminary scarcity to guarantee they sell a zillion of them.
(and frankly anybody paying that kind of price on eBay right now is a dope that should know better)
I honestly wonder how many fake bids are being placed right now, just to increase scarcity and price. With eBay, there is practically no punishment for an unpaid bid, and absolutely no punishment if you have a 2nd account. So, bid up every auction, looking like increased demand, and then just... don't pay.
Anyone who isn't patient enough to wait for a rerelease of a 30+ year old system is a dammed fool.
Nintendo doesn't want people paying scalpers $200+/unit on eBay more than anybody else does.
They want people buying the systems from them -- but they are building hype via preliminary scarcity to guarantee they sell a zillion of them.
(and frankly anybody paying that kind of price on eBay right now is a dope that should know better)
I honestly wonder how many fake bids are being placed right now, just to increase scarcity and price. With eBay, there is practically no punishment for an unpaid bid, and absolutely no punishment if you have a 2nd account. So, bid up every auction, looking like increased demand, and then just... don't pay.
Anyone who isn't patient enough to wait for a rerelease of a 30+ year old system is a dammed fool.
Nintendo doesn't want people paying scalpers $200+/unit on eBay more than anybody else does.
They want people buying the systems from them -- but they are building hype via preliminary scarcity to guarantee they sell a zillion of them.
(
The same systems are being sold to the same people, just with an extra middleman. Sure, it may suck for people paying $200, but i know people that would rather spend extra than wait in line. Nintendo gets their profit, and the guy that wants the system ends up with it. Its not ideal, but its the way the free market works.
You have me quoted, but those words are Arch's not mine.
I do agree with him though. Your middleman theory has a flaw and isn't accounting for what we are talking about, which is increasing hype by using artificial scarcity thus increasing sales. It happens with diamonds every day. Diamonds are far from rare, but they only release small amounts of them at a time to keep the value and demand sky high.
People will impulse buy these systems because of human nature. People will want what they can't have, want what everyone else around them is getting, and not want to feel like they will miss another chance to get one(those who didn't get one first wave), thus driving up their sales when a second wave rolls in. It works very well. Look at Amiibos as well for an example. So many people sold their collections when they realized they were just in it for the hype.
If there is an infinite supply, you would have much less people impulse buying these and the hype would be nil. That is the point we are trying to make.
Yes scalpers are just a middle man if you look at it one dimensionally, but if you look at the bigger picture and the psychology behind it, it makes a lot of sense to release it this way from a business perspective to drive sales up.
Precisely.
For 400$ you could buy an Everdrive type cart and put EVERY Rom on it and an NES to play it on. No need for these half-baked nostalgia-type console clones to get that job done.
I think you might be "slightly" overpaying for your flash carts and/or your used NES systems.
Was an example, not an exact science.
I honestly wonder how many fake bids are being placed right now, just to increase scarcity and price. With eBay, there is practically no punishment for an unpaid bid, and absolutely no punishment if you have a 2nd account. So, bid up every auction, looking like increased demand, and then just... don't pay.
Anyone who isn't patient enough to wait for a rerelease of a 30+ year old system is a dammed fool.
On the flip side, I know a local guy who is creating fake Craigslist ads for the NES Mini for $60. He doesn't have any to sell, but he's hoping that he can scare some scapers into lowering their prices buy getting a bunch of low priced ads out there.
The funny/sad part is that people are offering less than his $60 asking price and some are asking questions like "what else are you throwing in?"
The demand on these is unreal, how could nintendo underestimate the popularity of this? Didn't they learn from the Wii?
Seriously, people need to understand that Nintendo does this on purpose. They did the same thing with amiibos. If you create a relatively low quantity item with lots of demand, they fly off the shelves. They will then release a few more waves, also flying off of the shelves due to the continued demand. Eventually they will make a bunch and they will sit. I'm guessing this nets them more money overall then just throwing a crap-ton out at once by creating hype and demand.
They've been doing it since the '80s. Console Wars had a pretty good write-up about it.
Precisely.
For 400$ you could buy an Everdrive type cart and put EVERY Rom on it and an NES to play it on. No need for these half-baked nostalgia-type console clones to get that job done.
I think you might be "slightly" overpaying for your flash carts and/or your used NES systems.
Was an example, not an exact science.
Yeah, but you were like more than double.
But I didn't mean anything buy it. Just giving you a hard time.