Many people just gave up on the idea after discovering that the stocks were usually gone within minutes of the official launch.
And while some may simply attribute this to the popularity of these products, the problem actually lies deeper than that.
Some businessmen have built an entire industry around the idea of finding these deals, buying them before others do, and reselling the products at a profit.
Fraudsters, as they are commonly known, go far beyond manually refreshing the page in hopes of finding an available product.
Let’s take a closer look at what’s going on behind the scenes.
This is a highly technical profession
Scalping may seem like something that requires little effort and knowledge, but that couldn’t be further from the truth these days.
The modern scalper usually masters at least one programming language and knows how to use internet protocols, how websites work, etc.
They usually use cheap proxies from well-known providers like Smartproxy to ensure that they can reach their target pages with as many simultaneous requests as possible.
And they participate in hidden communities where they share ideas and knowledge with other like-minded people.
is becoming increasingly popular
The pandemic has changed dramatically around the world, and one of the results we’ve seen over the past year is the sudden growth of the scalping market.
This can be explained by several factors. Many people found themselves out of work and with little time left.
Those who were fortunate enough to be able to keep their jobs saw what was happening around them and realized that they did not have to depend on their main job as their only source of income.
And then we have millions of people sitting at home with nothing of consequence. Many of them were willing to pay more for something new and exciting, such as B. the PlayStation 5, which finally improved the performance of vendors working with these products.
Information may be difficult to find
As mentioned earlier, fraudsters do everything they can to hide their actions and go unnoticed.
It involves sharing knowledge with a limited number of people, usually in hidden communities on Discord and similar applications.
It is not impossible to join the scalper community, but you need to do some research and you usually need an invitation from a trusted member.
After all, if you are determined enough, you can easily enter this world and see for yourself what the scarpers have done. But don’t expect it to be an easy trip.
And once you’re in, you’re usually expected to actively participate in the discussion. Passive observers are accepted in some communities, but are generally treated differently than those who are more open to sharing their own tips.
The PlayStation 5 is perhaps the most prominent example that has caught the public’s attention recently.
Sony released a limited number of consoles at its last major launch, which immediately drew many retailers to the market.
The consoles were constantly sold out in all the stores that sold them, but could be found on marketplaces like eBay for multiples of the normal price. Some were annoyed by this, but others saw it as a normal part of the job.
Some have also accused Sony of not taking more steps to limit resellers’ options.
The company suffered significant reputational damage as a result of these incidents, leading many to believe it will take a more proactive approach to resellers in the future.
Governments begin receiving notifications
It’s not just companies that have started paying more attention to resellers. Government agencies are now closely monitoring the market and negotiations are underway to introduce legislation that would restrict or even make illegal the activities of scalpers.
However, it will be some time before this becomes a reality, and scalpers understand this very well.
Moreover, it is hard to say whether legislation will stop them. Such a law would undoubtedly contain a number of loopholes which could be actively exploited.
That’s what many street vendors are counting on now, so don’t really expect them to lose popularity just because these laws are now on the horizon.
It is also important to understand that opinions on scalpers vary significantly from country to country. Some consider them a necessary evil. Others are the opposite of what they do.
And some just use their offers to get the products they want before others.
Scalping will not go away because of public perception, and that is an important fact to remember regardless of your opinion.
One thing is certain: No one is forcing you to buy from them. If you think the scalpers’ business model doesn’t have a reason to exist, you should just not buy from them and wait patiently for the next official product delivery.
But some people see it differently, and you shouldn’t expect to convince them that patience is a virtue.
Whatever your opinion of resellers, it’s important to understand that they are a keeper.
Their business will not disappear as long as there are people who want to buy their products. And there’s a lot of that on the internet right now.
This is an interesting field to follow if you are passionate about modern technology, that’s for sure.
The methods scalpers use to do their work deserve much admiration from a purely technical standpoint, and there is much to learn about how modern digital systems work by tracking their progress.
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