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by Tondoteottotote on November 30th, 2005

Tondoteottotote

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Why are people willing to pay much more than list price for the just-released Xbox 360?

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  • by A A on November 30th, 2005

    A A

    That's a tough question as it depends on the person doing the buying as to why. I would suppose that it is the same reason why people will wait in line for hours to be the 'first to own one'. This is not the all encompassing answer of course because the person could be buying it as a gift for their child and that someone may think they need to get their child one for Christmas this year. To NOT get them what they want right away would somehow make them be an unfit parent in their own eyes. I think showing a child delayed gratification and patience would be the best in this situation. If someone wants something bad enough for themselves or for someone else it usually doesn't matter what the price is. Have you ever gone on e-bay? You'll find people will spend more online just to win the auction when in many cases the item could have been purchased locally for less. As I've said there are many motivating factors for what you've asked but these are a few.

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    • Yes, I've gone on Ebay. See today, thousands of Xboxes getting many bids, many of them over $600, some even over $1000!!

      Tondoteottotote

      by Tondoteottotote on November 30th, 2005

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