The Playstation 3 Supply And Demand

It might seem to be that there have been some major disappointments shown to those who were able to preorder the Sony Play Station 3 game console

. The biggest problem was that with the limited quantity of consoles offered to the numerous shops that ordered them weren't nearly enough to go around. Retail stores were also asking that their employees, many of who had the preorder PS3 process together with their clients, to please wait till the next batch of consoles came. They had wished that this would be in plenty of time for Christmas.

The process required to preorder the PlayStation 3 console was meant to prevent an anticipated rush of people attempting to snatch up the newly released games console. This system was likewise set up in the hope of getting some sort of order to the sales process of this much anticipated item. Unfortunately it appears like this process failed. It didn't take long for those who attempted to preorder PS3 game console to learn that regardless of having paid in advance for their new PS3, that it would not be delivered to them as promised. Retail customers were being averted with promises of getting their consoles some time prior Christmas. As a result, many people turned to eBay as an alternative source of buying the PlayStation 3.

Which was the even bigger surprise ? The launch of the PlayStation 3, and the immediate sellout of the four hundred thousand game consoles that were available for sale, or, how fast they started to appear on Ebay. There were so many of them appearing for sale on Ebay. It was apparent that several people had lined up for hours to purchase one only to make a quick buck by reselling them. Fortunately, staff at Ebay responded to this immediately and posted many unique selling rules for those who were selling PS3 consoles via the website. They demanded proof of authenticity by showing a photo with the listing of the preorder receipt. Buy-it-now sales were likewise not allowed, nor were one day sales and the item had to be paid via PayPal.

Ebay were being extremely careful to ensure that individuals were not listing fraudulent PS3 game consoles. They were trying their hardest just to permit sellers with great positive feedback to sell the console, as these were the sellers they could trust the most.

Unfortunately, regardless of Ebay introducing these restrictions, when the PlayStation 3 console was released, there were more than 3, 000 of them listed. Individuals who had bought them for five to six hundred dollars were able to sell them for greatly inflated prices. Supply and demand was working.

by: Aikednea Johansen

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