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/biz/ - Business & Finance


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22647087 No.22647087 [Reply] [Original]

Gentlemen, Ladies, Jannies. I have an easy way for all broke /biz/ bros to make some easy cash over the next few months and after all you have done for me I'll let you in on a secret.
On Sept 22nd PS5 and Xbox Series X preorders go live. Every new console generation day 1 preordered consoles sell for 2-4x their msrp on ebay, but this year is different. Covid fucked production schedules for Sony and Microsoft, meaning the number of available consoles is almost definitely less than usual. Add that to the fact that stay at home/quarantine has increased game and console purchases by 30% and you have an easy 3-4x.
Each console preorder is generally $50-100 down, we'll assume $100. MSRP on these consoles is $400-500, so you can make a minimum of $1k on each, more likely it will be $1500-2k. You're allowed to make preorder listings on ebay and sell the consoles you don't even have yet as long as you will have the consoles on hand to ship within 30 days and you set the handling time on your listings to 30 days.
So go to google maps and set a route for every gamestop, best buy, fry's, microcenter, and conn's you can find locally. On Sept 22nd get out there and preorder as many consoles as possible. List them on ebay on October 15th, 30 days before launch. You can make back your initial investment and all your profit before you even pick them up and ship them on launch day.