Nintendo Urges Public: Don’t Pay More Than $80 for SNES Classic

Discussion in 'Nintendo Gaming News' started by GaryOPA, Sep 11, 2017.

By GaryOPA on Sep 11, 2017 at 6:12 PM
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    GaryOPA

    GaryOPA Master Phoenix Admin Staff Member Top-Dog Brass

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    Public Urges Nintendo: Don't Make Less Than 80 SNES Classics!
    [​IMG]

    Everyone here, remembers the horrors and nightmares of trying to purchase an NES Classic Mini Edition last year, it was just super-hard to find, and Nintendo even tho they produced a few million it was not enough to met demand, but this time around with the SNES Classic Mini Edition, big 'N' is promising they will be producing more than enough so don't be sucked into using an eBay'er!
    So there you have it, you might be in luck to playing an SNES Classic this Holiday season, but good luck in finding a Switch under your tree, as there is rumors that big 'N' is having more supply issues with the newly launched Switch hybrid than with the SNES Mini! :)

    NEWS SOURCE: Nintendo Urges Public: Don’t Pay More Than $80 for SNES Classic (via) GizModo
     

Comments

Discussion in 'Nintendo Gaming News' started by GaryOPA, Sep 11, 2017.

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      AlbedoAtoned

      AlbedoAtoned Loyal Member

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      In other words, don't buy one. And if they find out you did so anyway, Reggie will be catch you and kneecap you. Your body better be ready.
       
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      tech3475

      tech3475 Loyal Member

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      No, hell just replace it with an atgames version.....that would be a far worse.
       
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      DW360

      DW360 Loyal Member

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      makes me laugh, how can nintendo sit there and tell greedy collectors what to charge.

      heres an thought for you nintendo, dont create a hype and deliberately make supply short then end it.

      i really hate this company with such a passion now, all they care about is releasing cheap crap, creating a hype, keeping supply short to keep demand high thus raking in the profits.

      but to sit there and tell those who are wise to nintendo and know it wont be long before nintendo end production and they can make money from those who was not able to get one.

      i dont see the point in these locked down circuit boards when nearly any device can run its games and is open to any game you want to play.... these should come with a cart slot for those who still own legit games and run them, or even a sd card with the option to purchase games.

      ohh knowing nintendo it will likely follow.

      i would be interested if they did an n64 one (if it had a cart slot)
       
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      AlbedoAtoned

      AlbedoAtoned Loyal Member

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      Scalping is indicative of at least one of two problems (usually both).

      1. The supply is too low to meet demand. Obviously if a lot more people want something than is available it opens up scalpers to profiting off this demand

      2. The price is actually too low. The logic follows that if the price matched the value, only those who actually wanted it and could afford it would buy it and most scalpers would see little to no profit since the initial investment would be much higher. Basically, if people are truly willing to pay $300 or more for this from some greedy ass scalper, Nintendo should have potentially chaged this much or close to it since most would prefer not to buy from scalpers. If a scalper could only make a small profit then they wouldn't buy them really, and only those who really wanted it would get it.

      Of course, higher prices help lower demand for a product which means that if the supply is low the price would need to be higher so the demand would not be much higher than the supply. Of course Nintendo could also just produce more, just like they promised they would do, and this would mean there was far more supply to meet the demand. Prices wouldn't need to really rise in this scenario.

      But of course a lot of this demand is artificially created. 1. by having such a low price it makes it seem affordable for pretty much everybody. 2. By having a low supply, it makes it rare and people want rare things even if they have no intention of using them. I was on a forum and some guy was wanting one for his sister. He openly admitted she just wanted it to show off since she doesn't really game.3. If you can make it look like it's selling out quick, even more people will want one. Especially if you make it look like the supply is a lot higher than it really is. 2 and 3 go hand in hand because when the supply is willingly made to be low, the intent is usually intended to make it look like such a hot item. The illusion falls a part though when even people who sell the item admit how little they actually get which happened with the nes classic.

      In other words, scalping is not going away because it is a natural albeit scummy reaction to policies Nintendo has no intention of changing. They've promised more snes classics will be out for the holidays but that's what it always is with them, promises, promises promises. When scalpers get all of those units as well, Nintendo will make another promise or may just outright stop selling them like they did with the nes classic. When Nintendo says something is limited, they really mean it. Limited to scalpers that is.
       

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