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Scalpers Sell $1200+ Preorders of GeForce RTX 3080

Shizzmoney

Summary

Well...it's happening:

 

 

 

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The GeForce RTX 3080 officially goes on sale on September 17, a mere three days from today. The Founders Edition sell for $699, while custom models are expected to retail for up to $900. However, opportunists on eBay are putting up GeForce RTX 3080 Founders Edition preorders for as high as $1,250, which is blatant price gouging.  

The modus operandi is simple. The eBay seller basically purchases the GeForce RTX 3080 either directly from Nvidia or from a retailer, just like any regular customer. If successful, the seller will ship the graphics card to the buyer within an agreed period and if not, the seller offers a refund. It really is no different than paying a line stander, but it's a really expensive one at that.

Shocking as it may sound, eBay allows sellers to put up listings of products that he or she doesn't physically have under the presale policy. The platform's rules state that "Presale listings must clearly state that they are 'presale' in the title and description, and guarantee delivery within 30 days of purchase." As long as the postings abide by the indications, eBay will allow them to stay online.

 

My thoughts

Scalping has gotten out of control.  I understand why it happens (insert <FREE MARKET DIRKA DIRR!> here), especially now with a certain public health crisis affecting supply chains, manufacturing, and demand for at home entertainment technology (see: Nintendo Switch) creating a window for opportunists to do this stuff... but to start gouging stuff that isn't even ON THE SHELVES yet shouldn't be allowed, and the fact that eBay allows it is even worse.  

 

Honestly, if I am AMD... I think it would behoove them to do the best they can to "outstock" NVIDIA's launch for the upcoming holiday season.  Even if they may not have the best card for your buck, if NVIDIA lets this get out of hand and can't replenish soon they may end up walling off the window down the road for sales.

 

Sources

https://www.tomshardware.com/news/geforce-rtx-3080-scalpers

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If you don't want people to scalp GPUs, convince people that they don't need a new GPU. Consumerism is what causes this. 

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This sort of side business model has been going on for years. Remember when people were buying up iPhones at launch and reselling them at huge markups? If people are that desperate to buy something at launch, they will pay the price no matter how ludicrous it is. 

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If someone really wants to pay $1200 for a 3080, let them. Let it be their problem. 

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...of course people are buying them.

Make sure to quote me or use @PorkishPig to notify me that you replied!

 

 

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how did they get them?

edit: wtf why would anyone spend 900+ for just a chance at getting a gpu

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4 minutes ago, Hymenopus_Coronatus said:

The problem with that is that pre-orders all should have been canceled and I would assume that the pre-order screenshot probably isn't worth anything as proof goes.  But there are folks that aren't keeping up with the latest info about this release so they may think that screenshot means something.  

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3 minutes ago, spartaman64 said:

how did they get them?

edit: wtf why would anyone spend 900+ for just a chance at getting a gpu

This is my head scratch 

 

FOMO is real but this could really get abused by bad actors if allowed to an extreme

 

 

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just get them from nvidia

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25 minutes ago, Shizzmoney said:

Shocking as it may sound, eBay allows sellers to put up listings of products that he or she doesn't physically have under the presale policy. The platform's rules state that "Presale listings must clearly state that they are 'presale' in the title and description, and guarantee delivery within 30 days of purchase."

For an item that a seller makes or officially distributes, this is pretty reasonable.

 

For this type of item, clearly not.

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4 minutes ago, spartaman64 said:

how did they get them?

They don't have them.

Quote

The modus operandi is simple. The eBay seller basically purchases the GeForce RTX 3080 either directly from Nvidia or from a retailer, just like any regular customer. If successful, the seller will ship the graphics card to the buyer within an agreed period and if not, the seller offers a refund.

So basically they are selling a promise that they will buy it for you or your money back.

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Ah, the old Nintendo Wii gambit -- artificially limit supply to give the impression that your item is amazing and whenever you see it on sale for any price, you must get it because that might be the last one you see for months.  

I don't like the scalpers, but they're reacting to market conditions created by Nvidia.  They could have put up legitimate preorders months ago and they'd know exactly how many they need to make and they'd have a good idea of how many more they could probably sell on top of that.  

But instead they do what they do and we consumers buy it hook, line, and sinker every time.  

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15 minutes ago, Rybo said:

Ah, the old Nintendo Wii gambit -- artificially limit supply to give the impression that your item is amazing and whenever you see it on sale for any price, you must get it because that might be the last one you see for months.  

I don't like the scalpers, but they're reacting to market conditions created by Nvidia.  They could have put up legitimate preorders months ago and they'd know exactly how many they need to make and they'd have a good idea of how many more they could probably sell on top of that.  

But instead they do what they do and we consumers buy it hook, line, and sinker every time.  

Nintendo is notorious for this.  I also think it has to do with them trying to keep production costs down until next year, while creating this "Cabbage Patch Kids" effect you mention above.  

 

Just create pre-orders, get an idea of demand, be transparent on how far you can meet this demand based on the queue and let people know when they can expect to receive their product.  Print money... and not piss people off.

 

But yet again, people put up with this, so that effort they probably don't wanna do.  

 

That preorder post is probably fake news... but if not, I wonder what retailer is taking these considering it was TMK that preorders don't exist?  

 

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Demand comes first before supply. The fact that someone sell 3080 for 1200 dollars tells you that there are people willing to pay for it. Let them get ripped off.

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And this is why I'm sticking to a 1660 ti for my next upgrade, despite the timing.

 

I don't feel like fighting scalpers, nor do I feel the need for the power (which probably isn't as much as NVidia says it is).

 

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let people waste their money lol. if they feel they need their gear at release that is their prerogativejust be one of the people that wait nvdia and AIB's know how in demand these cards are gonna be so stock will return fairly quickly  especially as initial hype dies down  

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If these cards are anything like the 2000 series when they came out, where a considerable amount of cards had to be sent for RMA within the month, the beta testers initial buyers won't have their old (most likely) or new cards to mess with. Boy, don't people ever learn?

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1 hour ago, DrMacintosh said:

If you don't want people to scalp GPUs, convince people that they don't need a new GPU. Consumerism is what causes this. 

I find it somewhat difficult to take this statement seriously, from someone with the name DrMacintosh.

 

Apple is potentially and arguably the most egregious example of consumerism and bad business practices, in human history.

 

That aside, your argument stems from the concept that consumerism is inherently bad, which is a dubious claim at best.

1 hour ago, FeIIex said:

If it takes until 2021 for me to get my hands onto a 3080 (or whatever AMD's highest end gaming gpu offering is) so be it.

 

Would never pay that much, damn.

THIS, is the correct answer.

 

"Oh no, scalpers!"

Response: Okay, don't buy from them? Just wait until it's available?

 

It's a relatively simple solution that costs you literally nothing except maybe time. Is it an asinine thing to do? Sure, is it something that "should not be allowed!!!"? Not at all. If someone wishes to buy something and resell it at a higher price, that's their chance to take. Although I can see an argument for live performances and the like because of there being a limited time for said transactions to take place.
 

People will either buy it, or not. You cannot legislate away what people want, the drug trade has proven that to an astonishingly absurd extent. Also there is a much, MUCH older industry that I will not mention that is still mostly illegal, but isn't going anywhere anytime soon despite it being illegal.

 

I'm still rocking a 1080ti. I'd love to upgrade, although my CPU could probably use it more than my GPU, but guess what? I'm not about to pay $1200 for a graphics card just because someone is offering it. I have the power as a consumer, to make that decision.

 

"oh, but them buying up all the stock prevents others from purchasing!"

 

Okay, but those who were willing to drop that original amount could have done so before or at the same time as the scalpers, and those saving up can just wait a bit longer and either get something nicer, or just.... wait longer? I know I've been waiting a good goddamn while for AMD to drop a card actually worth my purchasing, because I refuse to give Nvidia any more money after the 970 debacle and them nerfing the clock speed on my 1080ti through a driver update.

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If the scalpers were smart, they would shoot for high margin impulse buyers; auction those puppies off for 2+ grand or more EACH. There's enough suckers out there that would bite.

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Another nothing burger.

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2 hours ago, StDragon said:

If the scalpers were smart, they would shoot for high margin impulse buyers; auction those puppies off for 2+ grand or more EACH. There's enough suckers with no braincell left out there that would bite.

FTFY

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Dangerous business to be in.  Ebay is super easy to return a brick to the seller and as long as the tracking shows delivered they auto-refund you.  Absolutely nothing the seller can do to prevent it.

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