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Retailers Price Gouging :(

Was momentarily excited today when i spotted some 6700XT for sale at my local PC retailer, that quickly turned to sadness when I spotted they were charging similar prices to the eBay scalpers. Clearly going to be well toward Christmas before I can get my hands on a card. Retail price on AMD website is £411.60, Can't believe retailers are charging insane prices, AMD/Nvidia should refused to supply cards to them if this is the case

 

1622498926_Screenshot2021-04-21185231.thumb.png.65d8683700af8c3f3d49abbf680e01ad.png

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3 minutes ago, Nick980 said:

believe retailers are charging insane prices,

Meh, common practice in many country retailers since ages ago

 

3 minutes ago, Nick980 said:

AMD/Nvidia should refused to supply cards to them if this is the case

Why, though?

Just don't buy it if you don't like the pricing

If it's MSRP, you wouldn't see it in stock

My PCs: Desky | Beddie | Miney | Benchie

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I hate Intel's pricing, Ryzen's weird quirks, Nvidia's pricing, and Radeon GPUs in general

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Xperia Z3, XiaoMi 5c, Radeon GPUs, Razer Audio Products, any bloatwares

Companies I absolutely adore: (and hope it stays that way)

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be quiet! - sent me AM4 mounting for my DRP3 even though it's way past the timeframe stated, no questions asked

Corsair - very good RMA experience, absolutely recommend

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Nvidia, Intel, Apple, TMT (Thundermatch, a retailer)

Personal Blacklisted Companies:

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Acer: shit tier quality products, shit tier customer service thus far, they "tried" to solve my issue but they arent really doing anything but delaying and delaying. (on-going case since July)

Gigabyte: horrible customer service (gigabyte had literally 0 customer service, asked me to go to retailer with NO WAY to email them about a question) but at least they fixed my shit in ONE MONTH (would probably take me 1 hour to fix if they let me email them)

XiaoMi Phones: built like a tank but the software is buggy as all hell

Seagate HDD: had too many dead seagate drives

Kingston SSD: 300V controller swap thingy

Razer (except their mouse)

Remember, just because I had good/bad experiences with these companies/product, doesn't mean you will have similar experiences too. I would still recommend these products if they made sense for your needs, but I'll add a disclaimer of my experience if it's relevant. Feel free to DM me asking why they are where they are.

 

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3 minutes ago, Nick980 said:

AMD/Nvidia should refused to supply cards to them if this is the case

they have no reason to. sucks but thats how it is

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Here in the states Newegg is doing the same thing. Honestly, while it’s kinda shitty of retailers to up charge their customer’s. I really can’t entirely fault them because this kind of behavior isn’t new by any means.

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Demand increases, stock decreases, price increases. Not that I think this is fair, but I can see why and how it's happened.

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3 minutes ago, Moonzy said:

If it's MSRP, you wouldn't see it in stock

First time they've had them in stock since launch, I check a lot

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7 minutes ago, Nick980 said:

AMD/Nvidia should refused to supply cards to them if this is the case

Those aren't OEM/founder's edition cards, so I don't think that the stores are getting them directly from AMD or Nvidia.

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1 minute ago, Nick980 said:

First time they've had them in stock since launch, I check a lot

Honestly, the price will drop if no one buys it, if it's that price for a long time and they're moving products, clearly someone thinks it's worth it and are buying it

 

So

1) figure out why people are buying it and see if you can do the same

2) wait for the price to drop to your desirable level

3) just buy it at that price

My PCs: Desky | Beddie | Miney | Benchie

Things I need help with: (nothing at the moment)

Spoiler

none atm

I hate Intel's pricing, Ryzen's weird quirks, Nvidia's pricing, and Radeon GPUs in general

Spoiler

Products I like:

Spoiler

Sony Xperia Z1 / Z2 / 10 ii, Asus Strix 970 / 1070, Samsung SSD, WD HDD, Corsair PSUs (AX, RM, CX(grey)), GeForce GPU, NZXT N450/S340, be quiet! Coolers, G.Skill Trident RAM, Logitech M525, Logitech G440, Razer Deathadder Elite

Products I hate:

Spoiler

Xperia Z3, XiaoMi 5c, Radeon GPUs, Razer Audio Products, any bloatwares

Companies I absolutely adore: (and hope it stays that way)

Spoiler

be quiet! - sent me AM4 mounting for my DRP3 even though it's way past the timeframe stated, no questions asked

Corsair - very good RMA experience, absolutely recommend

Companies I hate:

Spoiler

Nvidia, Intel, Apple, TMT (Thundermatch, a retailer)

Personal Blacklisted Companies:

Spoiler

Acer: shit tier quality products, shit tier customer service thus far, they "tried" to solve my issue but they arent really doing anything but delaying and delaying. (on-going case since July)

Gigabyte: horrible customer service (gigabyte had literally 0 customer service, asked me to go to retailer with NO WAY to email them about a question) but at least they fixed my shit in ONE MONTH (would probably take me 1 hour to fix if they let me email them)

XiaoMi Phones: built like a tank but the software is buggy as all hell

Seagate HDD: had too many dead seagate drives

Kingston SSD: 300V controller swap thingy

Razer (except their mouse)

Remember, just because I had good/bad experiences with these companies/product, doesn't mean you will have similar experiences too. I would still recommend these products if they made sense for your needs, but I'll add a disclaimer of my experience if it's relevant. Feel free to DM me asking why they are where they are.

 

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That's not that bad, only around $200 above MSRP.

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That's Scan by the look of it, yeah? The sad thing is, they've been a really dependable source of competitively priced hardware for a long time, so I have to think that part of that price hike is also an indicator of the increased cost they're currently seeing just to get them in stock in the first place. I had what I thought was the good fortune to be able to get on their waiting list for a PNY 2060 back in early Feb, and that cost me nearly £370 for the pleasure. Still no sign of it of course, just a regular update of estimated dispatch date being pushed back to the end of month, and then the end of next month, etc. So it goes.

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18 minutes ago, Abyssal Radon said:

Here in the states Newegg is doing the same thing. Honestly, while it’s kinda shitty of retailers to up charge their customer’s. I really can’t entirely fault them because this kind of behavior isn’t new by any means.

Newegg has quickly turned into a pile of hot garbage.  Too many 3rd party scammers. 

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15 minutes ago, LeadMagnet said:

That's Scan by the look of it, yeah? The sad thing is, they've been a really dependable source of competitively priced hardware for a long time, so I have to think that part of that price hike is also an indicator of the increased cost they're currently seeing just to get them in stock in the first place. I had what I thought was the good fortune to be able to get on their waiting list for a PNY 2060 back in early Feb, and that cost me nearly £370 for the pleasure. Still no sign of it of course, just a regular update of estimated dispatch date being pushed back to the end of month, and then the end of next month, etc. So it goes.

Been shopping with Scan since I was a child (my dad used to take me, we had several of the mugs they used to have) Its not the first time they've done this

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AMD dropped some of all of their cards today. On their site. At MSRP. The places here that I've seen Nvidia FE have all been right at MSRP. Don't like the AIB mark up? Move on.

I'm not actually trying to be as grumpy as it seems.

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53 minutes ago, Nick980 said:

Can't believe retailers are charging insane prices,

So what retailers are not allowed to make money? I thought that was the whole point of opening a business, to make money. 

 

Here is what you gotta understand. Costs have gone up in all industries due to a pandemic. It costs more to ship and if you are in the US, the cost of labor is going up because there are not enough people to cover the jobs. The fact is retailers have to raise prices to cover these costs. Its exactly what the cable company does when broadcasters demand more money. 

 

Also this exact same thing happened in the last crypto currency boom. Retailers started raising prices, because Supply and Demand and all. Thats the other thing, you're not going to see too many MSRP cards until Crypto busts again. Bitcoin is like $60K a COIN, holy shit. That drives up the value of Crypto currencies like Ethernum which is currently GPU mineable.  Hell my boss bought in to Doge coin at like 5 cents and its gained in value quite a bit. What can I say, we live in a greedy society, every one wants to make their million or more, every one wants to live like those fat cats on Wall Street. Crypto seems to be the way they figure they can do it. 

I just want to sit back and watch the world burn. 

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1 hour ago, Nick980 said:

Can't believe retailers are charging insane prices, AMD/Nvidia should refused to supply cards to them if this is the case

AMD or Nvidia have no reason not to, not when GPU's are money printers, and I think it sucks that retailers are price gouging, but at least you can buy a card in stock.

Newegg is doing a shuffle that you have to wait for, sign up and maybe if you're lucky you're picked to buy a card. Bestbuy sometimes gets cards in online only but you'll have to spam F5 and know when they'll drop, AMD's store also sells GPU's but you'll have to beat bots to get one.

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Wholesalers have jacked their pricing too,  so the retail stores are just adding their margin and putting on a shelf.

Slayerking92

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<Link to some pcpartpicker fantasy build and claim as my own>

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Atleast you can buy the cards by themselves. Most places here now forces you to buy a full build to get any card.

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In Sweden they have set a cap on 2 card per household on it and the retailers are not allowed to force out higher prices then MSRP. Now I am in the US and I was buying parts in December to build my new computer, I bought motherboard, M.2, and ram. Problem was I did not expect to have to wait 3,5 months to get my hands on MSRP R5 5600X, tried to build it together last night, turns out that the mobo is not functioning and needs to get replaced. This will be a very interesting outcome, since it has never been used but I owned it for 4 months, let´s see what Gigabyte does.

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@Nick980, please fix your title. The current one is misleading and factually wrong. This is not me asking as moderator, but as fellow member.

 

Price gouging is when someone is raising prices of essential goods such as food, medicine or hygiene products. Latest example being toilet paper, but more common being price of prescription medicine in US. GPUs are for most people luxury item. Only those who use them for work actually need them, and they have also more money to put into something they are making money with.

^^^^ That's my post ^^^^
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14 hours ago, Nick980 said:

Was momentarily excited today when i spotted some 6700XT for sale at my local PC retailer, that quickly turned to sadness when I spotted they were charging similar prices to the eBay scalpers. Clearly going to be well toward Christmas before I can get my hands on a card. Retail price on AMD website is £411.60, Can't believe retailers are charging insane prices, AMD/Nvidia should refused to supply cards to them if this is the case

 

1622498926_Screenshot2021-04-21185231.thumb.png.65d8683700af8c3f3d49abbf680e01ad.png

If those prices hurt you try shopping in canada.

 

Newegg

image.thumb.png.f57c3c3e3d71a9b5aa8b1920ac1cfe4c.png

 

Canada Computers

image.thumb.png.4261d109f5e507f1a7b81738f01b218b.png

 

Memory Express

image.thumb.png.bae6f3b7c21021600a5900c7df1719ac.png

 

Best Buy

image.png.d9ca2fba579b04b172b85c303380044d.png

image.png.d12bba1bc571fd8d34f4c76222706497.png

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So the retailers should sell for less than market value and allow the scalpers everybody hates to resell for a profit instead? 

 

MSRP is a suggested price. The manufacturer can't dictate what price retailers sell their goods at, this is actually illegal in many places. 

Friends don't let friends use Userbenchmark. Ban the term "bottleneck." Corps aren't your friends. If the PC does what you need it to do well enough, it's good enough. Don't build the "best" system, build the system that makes you happy. 

 

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On 4/22/2021 at 7:21 PM, WillOfTheLand said:

If those prices hurt you try shopping in canada.

 

Newegg

image.thumb.png.f57c3c3e3d71a9b5aa8b1920ac1cfe4c.png

 

Canada Computers

image.thumb.png.4261d109f5e507f1a7b81738f01b218b.png

 

Memory Express

image.thumb.png.bae6f3b7c21021600a5900c7df1719ac.png

 

Best Buy

image.png.d9ca2fba579b04b172b85c303380044d.png

image.png.d12bba1bc571fd8d34f4c76222706497.png

i feel you, Australia has it just as bad right now

mmm yes prices.png

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Best place to buy cards in the states is best buy which sells Nvidia founder cards at exact MSRP, that is if you can get one....

Sudo make me a sandwich 

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On 4/23/2021 at 12:08 PM, Middcore said:

So the retailers should sell for less than market value and allow the scalpers everybody hates to resell for a profit instead? 

 

MSRP is a suggested price. The manufacturer can't dictate what price retailers sell their goods at, this is actually illegal in many places. 

If the agreement with the Manufacturer is MAP Pricing, yes they can suspend your account.

MAP= Minimum Advertised Price

Been There, Done That

If you sell it over the counter for less, Theres not a thing they can do, because it was not advertised below MAP.

Many companies do this, We had to deal with it in more than one industry.

 

 

MAOTF is always Up or Down, just like the Elevator Business or a Cat in a Tree with a key.

I do have a question:

When will the name of the thread actually reflect what we are talking about?

 

 

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