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	<title>Comments on: If PS3 Broke Records in UK Why is it so Cheap on UK eBay?</title>
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	<link>http://www.michiknows.com/2007/03/28/if-ps3-broke-records-in-uk-why-is-it-so-cheap-on-uk-ebay/</link>
	<description>Insights on the IT world by Michi Kono</description>
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		<title>By: Michi</title>
		<link>http://www.michiknows.com/2007/03/28/if-ps3-broke-records-in-uk-why-is-it-so-cheap-on-uk-ebay/comment-page-1/#comment-1539</link>
		<dc:creator>Michi</dc:creator>
		<pubDate>Thu, 05 Apr 2007 21:40:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.michiknows.com/2007/03/28/if-ps3-broke-records-in-uk-why-is-it-so-cheap-on-uk-ebay/#comment-1539</guid>
		<description>I don&#039;t follow. The prices listed on ebay are far below retail. And it&#039;s not one or two auctions. We&#039;re talking &lt;a href=&quot;http://cgi.ebay.co.uk/PlayStation-3-PS3-ps3-60GB-Unopened-3Games-HDMI-Click_W0QQitemZ190098821656QQcategoryZ149492QQrdZ1QQcmdZViewItem&quot; rel=&quot;nofollow&quot;&gt;tons&lt;/a&gt; of &lt;a href=&quot;http://cgi.ebay.co.uk/Sony-Playstation-3-60GB-UK-Spec-inc-2-Top-Ps3-Games_W0QQitemZ250099769534QQcategoryZ149492QQrdZ1QQcmdZViewItem&quot; rel=&quot;nofollow&quot;&gt;auctions&lt;/a&gt; &lt;a href=&quot;http://cgi.ebay.co.uk/Sony-PlayStation-3-Console-UK-60GB-PS3-2-Games_W0QQitemZ120105794235QQcategoryZ149492QQrdZ1QQcmdZViewItem&quot; rel=&quot;nofollow&quot;&gt;below&lt;/a&gt; retail price. And by sellers with &lt;a href=&quot;http://cgi.ebay.co.uk/Sony-PlayStation-3-60-GB-PS3-PAL-UK-Ridge-Racer-Tekken_W0QQitemZ250101984829QQcategoryZ149492QQrdZ1QQcmdZViewItem&quot; rel=&quot;nofollow&quot;&gt;huge postive ratings&lt;/a&gt;.

I don&#039;t think fear of fraud is driving these prices down.</description>
		<content:encoded><![CDATA[<p>I don&#8217;t follow. The prices listed on ebay are far below retail. And it&#8217;s not one or two auctions. We&#8217;re talking <a href="http://cgi.ebay.co.uk/PlayStation-3-PS3-ps3-60GB-Unopened-3Games-HDMI-Click_W0QQitemZ190098821656QQcategoryZ149492QQrdZ1QQcmdZViewItem" rel="nofollow">tons</a> of <a href="http://cgi.ebay.co.uk/Sony-Playstation-3-60GB-UK-Spec-inc-2-Top-Ps3-Games_W0QQitemZ250099769534QQcategoryZ149492QQrdZ1QQcmdZViewItem" rel="nofollow">auctions</a> <a href="http://cgi.ebay.co.uk/Sony-PlayStation-3-Console-UK-60GB-PS3-2-Games_W0QQitemZ120105794235QQcategoryZ149492QQrdZ1QQcmdZViewItem" rel="nofollow">below</a> retail price. And by sellers with <a href="http://cgi.ebay.co.uk/Sony-PlayStation-3-60-GB-PS3-PAL-UK-Ridge-Racer-Tekken_W0QQitemZ250101984829QQcategoryZ149492QQrdZ1QQcmdZViewItem" rel="nofollow">huge postive ratings</a>.</p>
<p>I don&#8217;t think fear of fraud is driving these prices down.</p>
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		<title>By: D.Vader</title>
		<link>http://www.michiknows.com/2007/03/28/if-ps3-broke-records-in-uk-why-is-it-so-cheap-on-uk-ebay/comment-page-1/#comment-1537</link>
		<dc:creator>D.Vader</dc:creator>
		<pubDate>Thu, 05 Apr 2007 21:16:58 +0000</pubDate>
		<guid isPermaLink="false">http://www.michiknows.com/2007/03/28/if-ps3-broke-records-in-uk-why-is-it-so-cheap-on-uk-ebay/#comment-1537</guid>
		<description>Well I would assume the european peoples learned the lessons from the American launch.  Why would you risk getting a box or a picture when you can wait for the next shipment of units to a store where the price doesn&#039;t go up?</description>
		<content:encoded><![CDATA[<p>Well I would assume the european peoples learned the lessons from the American launch.  Why would you risk getting a box or a picture when you can wait for the next shipment of units to a store where the price doesn&#8217;t go up?</p>
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		<title>By: Michi Knows - Update: Europe PS3 Sales Down 80%, eBay Prices Makes Sense</title>
		<link>http://www.michiknows.com/2007/03/28/if-ps3-broke-records-in-uk-why-is-it-so-cheap-on-uk-ebay/comment-page-1/#comment-1494</link>
		<dc:creator>Michi Knows - Update: Europe PS3 Sales Down 80%, eBay Prices Makes Sense</dc:creator>
		<pubDate>Tue, 03 Apr 2007 23:05:35 +0000</pubDate>
		<guid isPermaLink="false">http://www.michiknows.com/2007/03/28/if-ps3-broke-records-in-uk-why-is-it-so-cheap-on-uk-ebay/#comment-1494</guid>
		<description>[...] I&#160;wondered a few days ago about why the UK eBay prices for the PS3 were ridiculously low; I speculated&#160;that demand wasn&#8217;t nearly as high as the media was reporting. My conclusion was based on the eBay prices in Asia and America in the weeks following their respective launches (+100% markups), and then noticing the huge margin deflation often UK eBay prices (+20% markups). It seem reality has caught up&#160;to Europe&#8217;s PS3 market. Sales dropped over 80% this week. That has to be some kind of record. [...]</description>
		<content:encoded><![CDATA[<p>[...] I&nbsp;wondered a few days ago about why the UK eBay prices for the PS3 were ridiculously low; I speculated&nbsp;that demand wasn&#8217;t nearly as high as the media was reporting. My conclusion was based on the eBay prices in Asia and America in the weeks following their respective launches (+100% markups), and then noticing the huge margin deflation often UK eBay prices (+20% markups). It seem reality has caught up&nbsp;to Europe&#8217;s PS3 market. Sales dropped over 80% this week. That has to be some kind of record. [...]</p>
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		<title>By: Gigio</title>
		<link>http://www.michiknows.com/2007/03/28/if-ps3-broke-records-in-uk-why-is-it-so-cheap-on-uk-ebay/comment-page-1/#comment-1367</link>
		<dc:creator>Gigio</dc:creator>
		<pubDate>Thu, 29 Mar 2007 16:24:09 +0000</pubDate>
		<guid isPermaLink="false">http://www.michiknows.com/2007/03/28/if-ps3-broke-records-in-uk-why-is-it-so-cheap-on-uk-ebay/#comment-1367</guid>
		<description>I wonder what the return policy is (if any) in England. In America, it seems like a constitutional right to be able to return an item after we purchased it - but this is not the case abroad. I know for sure that in Italy you CANNOT return an item after purchase. There may be some exceptions for warranty, or maybe some specific item/store - but generally, once you buy it, it&#039;s yours.</description>
		<content:encoded><![CDATA[<p>I wonder what the return policy is (if any) in England. In America, it seems like a constitutional right to be able to return an item after we purchased it &#8211; but this is not the case abroad. I know for sure that in Italy you CANNOT return an item after purchase. There may be some exceptions for warranty, or maybe some specific item/store &#8211; but generally, once you buy it, it&#8217;s yours.</p>
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		<title>By: Michi</title>
		<link>http://www.michiknows.com/2007/03/28/if-ps3-broke-records-in-uk-why-is-it-so-cheap-on-uk-ebay/comment-page-1/#comment-1356</link>
		<dc:creator>Michi</dc:creator>
		<pubDate>Thu, 29 Mar 2007 03:45:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.michiknows.com/2007/03/28/if-ps3-broke-records-in-uk-why-is-it-so-cheap-on-uk-ebay/#comment-1356</guid>
		<description>Still... Somebody please explain the &quot;Buy It Now&quot; prices being below retail!</description>
		<content:encoded><![CDATA[<p>Still&#8230; Somebody please explain the &#8220;Buy It Now&#8221; prices being below retail!</p>
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	<item>
		<title>By: William Ryall</title>
		<link>http://www.michiknows.com/2007/03/28/if-ps3-broke-records-in-uk-why-is-it-so-cheap-on-uk-ebay/comment-page-1/#comment-1353</link>
		<dc:creator>William Ryall</dc:creator>
		<pubDate>Thu, 29 Mar 2007 01:17:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.michiknows.com/2007/03/28/if-ps3-broke-records-in-uk-why-is-it-so-cheap-on-uk-ebay/#comment-1353</guid>
		<description>Interesting to see how the UK launch went.

All I can say is that it&#039;s been a massive flop in Australia despite what any sales figures tell you.

I work in a video store and we had literally no pre-orders for the PS3 (that&#039;s not true, between fifteen stores we had one pre-order of the PS3. But that was from a staff member and the minimum order whole-sale is three units.

Since the launch, we have rented one PS3 game. Compare that to the xbox360 launch (we rented 5 games the first week) or the Wii launch (we couldn&#039;t even get Zelda or red steel in for two months, yet we still hired 10+ titles a week).

Nobody wants blu-ray on a console simply because they know it&#039;s going to suck and suck badly. Just like the DVD players on PS2&#039;s and xbox&#039;s were such a huge disappointment (you can&#039;t even unlock them to play multi region DVDs without modding them, yet you can buy a $15 DVD player and do this easily).</description>
		<content:encoded><![CDATA[<p>Interesting to see how the UK launch went.</p>
<p>All I can say is that it&#8217;s been a massive flop in Australia despite what any sales figures tell you.</p>
<p>I work in a video store and we had literally no pre-orders for the PS3 (that&#8217;s not true, between fifteen stores we had one pre-order of the PS3. But that was from a staff member and the minimum order whole-sale is three units.</p>
<p>Since the launch, we have rented one PS3 game. Compare that to the xbox360 launch (we rented 5 games the first week) or the Wii launch (we couldn&#8217;t even get Zelda or red steel in for two months, yet we still hired 10+ titles a week).</p>
<p>Nobody wants blu-ray on a console simply because they know it&#8217;s going to suck and suck badly. Just like the DVD players on PS2&#8217;s and xbox&#8217;s were such a huge disappointment (you can&#8217;t even unlock them to play multi region DVDs without modding them, yet you can buy a $15 DVD player and do this easily).</p>
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