The ongoing COVID-19 pandemic has changed the lives of millions of people around the world in various ways. Some of us have endured the relatively minor inconvenience of closing stores and closing schools, while others have seen loved ones succumb to the virus, or even tragically lose their lives.
While the global shutdown has generated extraordinary sales for many video game companies, including Nintendo ت – It also gives others the opportunity to earn quick money. Take, for example, 16-year-old Max Hayden; By swapping out game consoles, Pokémon trading cards, and other “luxury” items, it made $ 1.7 million in revenue and $ 110,000 in profit.
Hayden turned his attention to merchandise that was in high demand during the pandemic, such as patio heaters and gaming systems, including the PS5 and Xbox Series X. He has sold “dozens” of recent items for up to $ 1,100 each, double the amount. price. Typical ticket price. Expect to have a good year in 2021, once again targeting items in short supply and high demand.
One of the biggest problems in the gaming world right now is vendors, as “speculators” collect rare items for the sole purpose of selling them for a healthy profit. However, The Wall Street Journal Produce sparkly Hayden Report (Thanks to Kotaku to get our attention), praising his intelligent nature when it comes to making profits.
Although praised, this passage from the Wall Street Journal report summarizes exactly What happens to distributors in general?
Reselling nonessential merchandise is legal in most cases, although retailers generally frown on the fact that it can create friction with consumers. Postal hatred and angry shoppers trolling over high prices come with the area. [The teen’s father] He said he was initially uncomfortable with the success of his son’s business because he had benefited from the situation caused by the health crisis. But she concluded that it is allowed because her son only sells luxury items, not necessities.
“It’s a real distinction,” he said. [the dad], 61. “This is capitalism.”
You know what? Sometimes capitalism is bad enough.
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