Released on November 19, the PlayStation 5 quickly sold out and many were disappointed that they didn’t get the next-gen console. However, it appears that resellers who have successfully purchased multiple consoles with the intention of reselling them have made significant profits. And for good reason, the launch of the PlayStation 5 was the largest ever for a console, and many consumers have struggled to get their hands on the console. For some of them, the solution was to buy it from people who wanted to resell it but in these cases the price often increases.
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The latter, who calls himself Mark F, explained to Business Insider that he used bots (in IT, a bot is a type of program that performs automated tasks) that allowed him to obtain 221 PlayStation 5 consoles through several sites. Internet. With the loot in his hands, he began advertising the very latest console for sale on sites like eBay. And given the crazy wait around the PS5, many people were willing to pay up to over 800 euros for a console that was worth half when it was released in stores. However, if Mark F has not yet sold all of his stock, the 22-year-old American has claimed to have already won more than 30,000 euros in a single week thanks to his master stroke.
Huge potential profit
As of yesterday, 30,000 euros had been sent to the seller via Paypal, but he still has to make a large number of sales to cover an initial expense of around 83,000 euros (given that he bought 110 consoles exclusively digital and 111 versions with record player). This technique may involve some risk, there is still little chance that Mark F will sell his PS5 cheaper than on the market since they are out of stock everywhere. He can therefore reasonably expect a very interesting profit. This purchase is therefore a calculated risk for this reseller who has experience in the field and knows how to carry out this type of operation. It is also thanks to this kind of fruitful investment that he had in his possession the necessary capital to pay for the 221 Playstation 5.
Impressive, isn’t it?
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