The shortage of new generation consoles PlayStation 5 and Xbox Series X is fueling a wave of new entrepreneurs who make money by reselling coveted gaming devices. About this in an interview with the publication Sky News told Jack Baileys, one of the site owners Aftermarket Arbitrage, created specifically for resellers.
As Baileys explained, limited shipments of new consoles Sony and Microsoft gave a huge impetus to various business areas. This includes services that track the availability of the PlayStation 5 and Xbox Series X in stores around the world. And they help create new entrepreneurs.
“I see a different side of the situation that the public and the media cannot see. For me, buying a PS5 or Xbox is not a necessity, but a luxury. If you are willing to spend £450 on a console, then paying an extra £100 should not scare you Yes, someone will have to pay a little more money for equipment, but from our position everything looks different – a person can have thirty consoles in his hands, from each of which he will earn 100 pounds, providing himself with a stable monthly income, “explained Jack Baileys.
Baylis created a service that notifies subscribers of early arrivals of scarce products, including the PlayStation 5 and Xbox Series X|S, in stores around the world. The subscribers are the same resellers who pay him £30 a month for his service.
As a result, Baileys earns more than 45 thousand pounds sterling (over 60 thousand dollars) on this service every month – the number of subscribers exceeds 1,500 people.
“I help other people buy desirable items in bulk and then resell them at higher prices – often before the general public has a chance to buy them at the standard price,” he admitted.
Baileys is not ashamed – he is proud that he helps people get out of difficult life situations and “get a ticket to a new life.”
“New entrepreneurs spend more time with their families, children. There are people who were able to do major repairs at home, get rid of debt, buy cars. They got up and got down to business while the other 90% continue to sit,” he said.
The reseller also noted that 95% of his service subscribers buy consoles without using bots, which means that at the state level, it will be difficult to deal with the problemBaileys says. In his opinion, scalping as a phenomenon will never disappear.
Analysts previously predicted a severe shortage of new gaming devices in 2022 will remain.
Read also: Dragon Age next generation: The artist showed what might be a BioWare role-playing game on Unreal Engine 5.
.