The little machine is nice, but I wish they simply had some kind of an app store for old game ROMs. I would pay the price of a mobile game for old Mario Bros etc. Instead I have to download them from shady sources.
Amazon sells out of the NES Classic Edition in less than a minute
151–160 of 254 posts
Re: Amazon sells out of the NES Classic Edition in less than a minute
#152Earlier quoted context omitted.
I'm not getting how a shortage helps the companies? (Do I have to buy your book to find out?..)
It's not my book. I'm just citing sources because I was very incredulous when I heard this is common practice. It only works if you have THE hottest toy of the season - something like a product from Star Wars for instance - you create intense demand for the product but limit availability. Simultaneously you provide alternative, inferior substitute product(s) in the same franchise that's less desirable. The parent HAS…
> It reads like a conspiracy theory.
I'm not sure what makes this a conspiracy. It's a producer deciding managing supply of their product to maximize total revenue—not colluding and not doing anything sinister. It's capitalism 101.
Re: Amazon sells out of the NES Classic Edition in less than a minute
#153I grok capitalism and even like it. But there are times where it is difficult to like it. In this case, people rushed to buy this product for the sole purpose of reselling it for 8x. What's wrong with our society that some people can be so morally bankrupt and bereft of good sense. In the end, I think these scalpers won't sell for 8x because anintendo will just pump out more product. Still, it is sad to see this happ…
What exactly is "morally bankrupt" about buying a mispriced good and reselling it at a proper price?
People get very morally righteous about scalping, but I don't understand why at all. Resellers are correcting a distortion in the market and providing a value-added service.
Re: Amazon sells out of the NES Classic Edition in less than a minute
#154I grok capitalism and even like it. But there are times where it is difficult to like it. In this case, people rushed to buy this product for the sole purpose of reselling it for 8x. What's wrong with our society that some people can be so morally bankrupt and bereft of good sense. In the end, I think these scalpers won't sell for 8x because anintendo will just pump out more product. Still, it is sad to see this happ…
With high margins more entreprenors will enter the market. But in this case nintendo have a monopoly.
Re: Amazon sells out of the NES Classic Edition in less than a minute
#155Earlier quoted context omitted.
I do understand capitalism, the point I made was that sometimes I don't have to like it. Scalping included. I don't need to prove my knowledge to you by pointing out lots of capitalism's flaws. Instead of reading my comment carefully, you decided to teach me about how basic supply and demand operate. Jesus, you are a self-absorbed piece of work.
I'm truly sorry if my comment affected you negatively, it wasn't my intention. I used to be an econ tutor and sometimes my urge to just type my thoughts that way comes out and I regret that it sounds like lecturing. Anyways, why do you think that, given all that, scalping is a bad thing then? Isn't getting the goods to where they're valued most a good thing? Who's getting heartbroken here? The people who can't afford…
It's a rare thing to have someone actually apologise online - have an upvote.
Re: Amazon sells out of the NES Classic Edition in less than a minute
#156Earlier quoted context omitted.
How is this "morally bankrupt"? It's just smart. Every business on earth would do this in there sector if they had the chance. What's wrong with a smart and clever individual buying this to resell at 8x? It's not hurting anyone, it's just a stupid retro console. What's wrong with society? People are struggling and getting screwed over by governments and big business, they badly need income and here is a small opportu…
We're not talking about "smart and clever individuals" here. We're talking about scalper bots gaming the system by buying all of the product literally seconds after the seller flipped the switch. This isn't fair for the consumer at all as the product has literally been taken hostage by some third-party with unfair advantage. It's the 21st century equivalent to plundering trade routes. Also, I don't think the nature o…
Plundering? You think Nintendo doesn't get their cut. Back in the age of discovery these types of products would sell for their actual, top end value period. The distributors never got a say.
Re: Amazon sells out of the NES Classic Edition in less than a minute
#157Earlier quoted context omitted.
> It's hurting the people who are forced to pay $600 for a $60 item because they need one (e.g. a must-have gift for someone). LOL at the privilege of this being a real problem for someone. If we were talking about price gouging on food, medicine, or housing then I might agree with you. But luxury gifts? Come on, man. > It's hurting the people who wanted to buy one for $60 but cannot afford to buy one for $600. LOL a…
> LOL at the idea that they can't just wait for them to manufacture more of them. I mean, the games have been out for nearly 30 years now, right? Assuming more are eventually manufactured, which many hope to be the case...in this instance. On a related personal note roughly 5 years ago, HP released a limited edition of their 15c RPN scientific calculator[1], which promptly sold out and found their way on eBay listing…
Wow, this brings back memories.
I remember stumbling on this HP calculator many years ago and struggling to use it for simple infix arithmetic not knowing it was an RPN calculator.
Re: Amazon sells out of the NES Classic Edition in less than a minute
#158Earlier quoted context omitted.
I can confirm that this is a thing... a bigger thing than one might think. I run an IaaS cloud provider and I know off the top of my head several customers of ours who each maintain a fleet of VMs to do this for a variety of products. Eg: Limited edition shoes, show tickets, etc. Some of our customers who do this keep the VMs running and some fire them up only when needed. Some use custom software and scripts and som…
How do you know that people are doing this with your VMs?
My question exactly. Will need to ensure I don't ever use OPs service
Re: Amazon sells out of the NES Classic Edition in less than a minute
#159Earlier quoted context omitted.
Parts of it don't run on AWS.
I wouldn't have expected that. Any idea which parts and why?
"At the time I was at Amazon, working on the retail site, none of Amazon.com was running on AWS. I know, when AWS was announced, with great fanfare, they said "the services that power Amazon.com can now power your business!" or words to that effect. This was a flat out lie."
Re: Amazon sells out of the NES Classic Edition in less than a minute
#160Earlier quoted context omitted.
In Australia, the NES Classic Edition came out on Thursday - the physical copies at Target etc. too were sold out in minutes, too. Some of the Facebook comments said that their local shop only got a few boxes which were gone mmediately: https://www.facebook.com/NintendoAUNZ/videos/714922218664914... As usual, Nintendo doesn't get their customers and is completely unprepared.
I think they know exactly what they're doing. Selling out in minutes causes news stories, and here we are.
Suppose they contract with the manufacturer to set up 10 production lines to meet initial demand, what happens when demand drops in the New a Year and 'everyon' forgets these exist? They'll have to decommission most of the lines, which also has a cost. Also if they over-supply the initial surge of demand even a little, they could be stuck with months worth of tail end sales. Then what do they do? Decommission all the lines for that time? They'll have to pay for warehousing the product as well. There are a lot of factors to consider, it's not just a matter of magicing up however many units are needed at any given time.