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Dealers earned $ 82 million on new products from AMD, Microsoft, NVIDIA and Sony. And that’s only on eBay
09.12.2021 [15:09],
Nikolay Khizhnyak

Data Engineer Michael Driscoll from Dev Forum.to created a program for analyzing the market of new processors and video cards from AMD and NVIDIA companies, as well as new generation game consoles PlayStation 5 and Xbox Series. With the help of her, the specialist decided to find out how much speculators were able to earn on the resale of these goods this year.

EBay, one of the world’s largest platforms providing services in the field of online auctions and online stores, has become a medium for analysis. Despite the fact that eBay is far from the only place where speculators resell goods at inflated prices, most of them sell AMD and NVIDIA computer components here. The charts obtained by Driscoll do not reflect the actual prices, but the percentage difference between the recommended product value declared by the manufacturers themselves and the actual value of the product sold on the online platform.

Image source: NVIDIA

Data collection for market analysis of GeForce RTX 30 series video cards was carried out by Driscoll from September 15. From that moment on, the GeForce RTX 3080 model was sold on eBay almost instantly, even taking into account the exposed price of about 180% of the recommended cost of $ 699 (80% markup). As of October, the situation was even worse. On average, speculators sold video cards of this model with a margin of more than 120%. By November, the situation “stabilized” and returned back to the September state – cards were offered with an 80% mark-up. Now this model is on average sold for $ 1250.

A similar situation was observed with the flagship graphics accelerator GeForce RTX 3090. From the start of sales, speculators put up an 80% markup on a new product with a recommended cost of $ 1499. At the moment, the margin for this model is on average 40%. Average current offer price – $ 20,021.

Cost as a percentage of the recommended price. Image source: Michael Driscoll, Dev.to

The situation turned out to be even sadder with the models GeForce RTX 3070 and GeForce RTX 3060 Ti. These cards are aimed at the more thrifty gamer. With $ 499 MSRP and $ 399 MSRP they offer excellent value for money. But not in the eyes of speculators. They immediately set a markup of 80% on the first model, and 65% on the second. The cost of the first is now on average $ 809, and the second is $ 649.

According to Driscoll, speculators were able to earn $ 8,699,418 (637 million rubles at the current exchange rate) on sales of GeForce RTX 3090, $ 10,326,885 (756 million rubles) on GeForce RTX 3080 models, $ 3,321,113 (over 243 million rubles) on GeForce models RTX 3070 and $ 67 636 (5 million rubles) on reselling GeForce RTX 3060 Ti. Low sales of the RTX 3060 Ti are explained by the fact that this model of the video card has just arrived at retail.

The situation with video cards Radeon RX 6000 series currently looks even worse than with models from NVIDIA. This can be explained not only by the fact that video cards appeared on the market later than NVIDIA models, but also by a more limited supply of these accelerators. For example, in November, the Radeon RX 6800 XT was sold on eBay at a 100% markup on its $ 649 MSRP. Until the end of November, its average price was $ 1277. Current is $ 1247. With the Radeon RX 6800 model, things are a little “better”. With an initial markup of 80% of the $ 579 MSRP, it dropped to 45%. Today this model is offered at an average price of $ 850.

Cost as a percentage of the recommended price. Image source: Michael Driscoll, Dev.to

Driscoll calculated that on the resale of the Radeon RX 6800 XT, speculators were able to earn $ 244,609 (18 million rubles at the current exchange rate), and on the Radeon RX 6800 models – $ 233,321 (17 million rubles). Low numbers can also indirectly indicate the seriousness of the shortage of AMD graphics cards based on the RDNA2 architecture.

If we talk about new AMD processors on the Zen 3 architecture, the speculators put the highest mark-up on the flagship Ryzen 9 5950X chip. Since the beginning of November, it has been 140% of the stated MSRP of $ 799. The situation has improved slightly by December. Now the margin for this chip is 55%. Average bid price – $ 1275. On the Ryzen 9 5900X model, speculators set a markup of 90% of the recommended cost of $ 549. Now it has dropped to 60%. Current Average Bid Price – $ 825.

Cost as a percentage of the recommended price. Image source: Michael Driscoll, Dev.to

At the start of sales of the younger Ryzen 5 5600X model, the chip cost markup was 50% of the recommended declared $ 299. During the entire time of sales, it practically did not change. Currently, the average processor price is $ 413. Best of all with the Ryzen 7 5800X. Initially, the margin for this chip was 50% of the declared value of $ 449. The current one has decreased to 20% – the average price of a processor is now “only” $ 100 higher than the recommended one.

Speculators were able to earn $ 314 126 (23 million rubles) on the resale of Ryzen 5 5600X, $ 377 932 (almost 28 million rubles) on the resale of Ryzen 9 5800X models, $ 483 373 (35.4 million. rubles) on the Ryzen 9 5900X models and $ 453,090 (33.2 million rubles) on the flagship Ryzen 9 5950X.

Compared to computer components, at least according to Driscoll’s data, there is no improvement in the situation in favor of lower mark-ups in the console segment. On the contrary, the margin continues to rise. With an MSRP of $ 499 for the Xbox Series X model, speculators initially charged a 50% markup. Now its value is 70%. Current Average Bid Price – $ 895. The situation is similar with the Xbox Series S model, which has a suggested price of $ 299. The speculators estimate the console at $ 500.

Cost as a percentage of the recommended price. Image source: Michael Driscoll, Dev.to

To date, speculators have earned $ 3,533,691 (almost 259 million rubles) on the resale of the Xbox Series S, and $ 20,052,783 (about 1.5 billion rubles) on the Xbox Series X. rubles).

The situation with the disc and digital versions of the PlayStation 5 turned out to be even more absurd. With the declared cost of consoles at $ 399 and $ 499, respectively, speculators initially set a margin of about 30-55% on them, and later it jumped above 100-150%. Now PS5 Digital Edition is on average $ 1025, disc version – for $ 1101.

Cost as a percentage of the recommended price. PS5 Digital chart (blue) overstated by 100 units.

On the digital version of the Sony console, sellers who are not clean on hand and conscience were able to earn $ 7,215,539 (almost 528.3 million rubles), and on the disk version – $ 27,537,790 (more than 2 billion and 16 million rubles).

Again, this analysis was carried out only with the online platform eBay. According to Driscoll’s calculations, only on it speculators on all of the above new products were able to earn about $ 82 million. Total sales including other online secondary marketplaces are likely to be much higher.