Kinect Already Going Big in Resale Market

Kinect Already Going Big in Resale Market

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Consumers are already willing to pay well over the retail price of Kinect just to get their hands on one right now.

Microsoft's current Kinect sales figures haven't been released yet, but the resale market is showing that there's a strong demand for the device. Analysts looking at the resale market for Kinect have found that people are already paying a premium if they can't find it in stores.

Kinect's $150 retail price was a bit higher than expected, but apparently this doesn't matter to many consumers. Lazard Capital Markets analyst Colin Sebastian says: "Our survey of completed transactions on eBay indicates that Microsoft Kinect, the motion sensing controller for the Xbox 360, is selling for an average price of roughly $190, or nearly a 30 percent premium over the retail price of $150."

I had no problem finding the device at a few local stores, but it is currently sold out on various online retailers. This was reflected by the research done by Sebastian, who found that brick-and-mortar retail outlets had the device in stock, while online retailers did not.

Sebastian thinks that that consumers paying extra for Kinect is a good sign for the industry this holiday season. "We believe that early signs of demand for Kinect bode well for the device as a holiday gift item, and if the momentum continues, could provide the industry with a near-term shot in the arm," he said.

The closer we get to the holidays, the bigger Kinect resale prices could go if enough gift-givers decide they need one. The Nintendo Wii was going for a premium in the resale market for years after its release, because it was sold out nearly everywhere for the same amount of time. If Kinect's success replicates the Wii's, Microsoft may have truly connected with the audience it intended to develop the motion gaming extension for. Microsoft predicts that Kinect will sell 5 million this quarter, so I'll be interested to see what the official sales figures are, if they're released.

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So does this mean people are just lazy or are they that stupid that they wouldn't bother checking physical retail stores?

Also what was the Wii going for online after a few days after its release? Like twice the price almost? Little less?

Patience is a virtue. Whats the difference between having a Kinect today and having one tomorrow, when you aren't paying $40 more?

Really? Cool. I'll charge anyone 200 quakloos for mine.

Anyone wanna bet that 80% of those sales are soccermoms? (you know what I mean ...)

Are people really that desperate to play samey minigame compilations and dance games? Wow. Just... wow.

Once again Christmas makes consumer sheep of us all if enough adverts are on TV

Andronicus:
Are people really that desperate to play samey minigame compilations and dance games? Wow. Just... wow.

but.....butbutbut.....YOU ARE THE CONTROLLER!

OMG SO ORIGINAL!

OT:

BrunDeign:

Also what was the Wii going for online after a few days after its release? Like twice the price almost? Little less?

this^

I already have a Wii I neglect, why would I want something that forces me to stand up to play games?

It's a good sign for Microsoft, but the whole resale market has always had a coating of sleaziness to me.

Why are people paying extra, I thought physical stores would be the first place the target audience of kinect would check for them. If there is still stock of them, some people could be making some nice profits.

So what you're saying is... People in the market for a motion controller that you actually have to GET UP OF THE COUCH FOR, are ordering through the internet and not going to the store for it? Wow...just...wow.

Puddle Jumper:
Anyone wanna bet that 80% of those sales are soccermoms? (you know what I mean ...)

And what, pray tell, is the problem with that? Motion controls are a way to make video games a universal form of media. I mean, there seems to be an article on the Wii in every other Southern Living issue. This could be a real breakthrough when it comes to the acceptance of the other sort of titles available on the 360.

Puddle Jumper:
Anyone wanna bet that 80% of those sales are soccermoms? (you know what I mean ...)

I don't.

People are selling the Kinect on Amazon for $200-$250. That's just for the device itself. If people are willing to pay such prices for just that device, not sure why they're not just getting a bundle with the new Xbox Slim. Sure, it's just the new 4 GB 'Arcade' edition, but if you're already willing to throw money on to the fire, you're at least getting a second console in the mix.

I'm glad to see MS do well, glad to see the video game industry do well, but movement-oriented games, like 3D games, are not where I want to see things headed. I haven't been to a brick and mortar lately, guess I'll see if I can scoop up a few for resale.

Did anyone else read the title and think it was about people selling on their Kinect second-hand already?

Yeah, but is this actual demand or manufactured demand?

Let me clarify, is this high demand due to consumers actually wanting Kinect, or did Microsoft not make enough systems out of caution or greed, creating a higher demand?

damn, I thought you meant people were returning them and they were being sold used. I really want the Kinect to fail.

Saltyk:
Yeah, but is this actual demand or manufactured demand?

Let me clarify, is this high demand due to consumers actually wanting Kinect, or did Microsoft not make enough systems out of caution or greed, creating a higher demand?

If that were the case then, there wouldn't be any in stock at retailers, which even the article said there were. So its more than likely not a manufactured demand. I mean c'mon, it even got the Oprah seal of approval, that's PR GOLD! (in the casual market, which is the intended demographic)

Erana:

Puddle Jumper:
Anyone wanna bet that 80% of those sales are soccermoms? (you know what I mean ...)

And what, pray tell, is the problem with that? Motion controls are a way to make video games a universal form of media. I mean, there seems to be an article on the Wii in every other Southern Living issue. This could be a real breakthrough when it comes to the acceptance of the other sort of titles available on the 360.

^^this (don't forget the Oprah seal of approval that the Kinect has)

and

imnotparanoid:
I don't.

Why is that? Whom do you think is currently the larger consumer of the Kinect? If it really is soccer moms, then Microsoft have succeeded in capturing the interest of a major part of the casual demographic. If it isn't, even better 'cause that would mean they've succeeded in other key demographics as well.

FBPH:

Erana:

Puddle Jumper:
Anyone wanna bet that 80% of those sales are soccermoms? (you know what I mean ...)

And what, pray tell, is the problem with that? Motion controls are a way to make video games a universal form of media. I mean, there seems to be an article on the Wii in every other Southern Living issue. This could be a real breakthrough when it comes to the acceptance of the other sort of titles available on the 360.

^^this (don't forget the Oprah seal of approval that the Kinect has)

and

imnotparanoid:
I don't.

Why is that? Whom do you think is currently the larger consumer of the Kinect? If it really is soccer moms, then Microsoft have succeeded in capturing the interest of a major part of the casual demographic. If it isn't, even better 'cause that would mean they've succeeded in other key demographics as well.

No I just dont think I've heard the term :3
I think I know what you mean though.

FBPH:

Saltyk:
Yeah, but is this actual demand or manufactured demand?

Let me clarify, is this high demand due to consumers actually wanting Kinect, or did Microsoft not make enough systems out of caution or greed, creating a higher demand?

If that were the case then, there wouldn't be any in stock at retailers, which even the article said there were. So its more than likely not a manufactured demand. I mean c'mon, it even got the Oprah seal of approval, that's PR GOLD! (in the casual market, which is the intended demographic)

It got a seal of approval from Oprah!? Then, that's it! It's the Oprah effect! Not even a team of Mad Scientists could come up with something that insane and diabolical!

Saltyk:

FBPH:

Saltyk:
Yeah, but is this actual demand or manufactured demand?

Let me clarify, is this high demand due to consumers actually wanting Kinect, or did Microsoft not make enough systems out of caution or greed, creating a higher demand?

If that were the case then, there wouldn't be any in stock at retailers, which even the article said there were. So its more than likely not a manufactured demand. I mean c'mon, it even got the Oprah seal of approval, that's PR GOLD! (in the casual market, which is the intended demographic)

It got a seal of approval from Oprah!? Then, that's it! It's the Oprah effect! Not even a team of Mad Scientists could come up with something that insane and diabolical!

Yup! At the end of that certain episode, she gave all her audience members a Kinect/360 bundle. Oh and a copy of Kinect adventures and/or Kinect sports I believe. (can't remember which one it was)

Eh, there are always enough people who act like fools when a new gadgets come out. Doesn't really mean anything for the worth of the machine. More a triumph of marketing and a a failure of character.

Am I the only one who isn't really impressed? The Wii was going for as much as $700, while the PS2 (back when it was still only available in Japan) sometimes went up to a $1000.

Also, the fact that it is just the peripheral selling well on eBay and the fact that it's still in stock at retailers is a very bad sign for Microsoft. It means that it is primarily existing Xbox 360 owners who are buying it, not the expanded audience i.e. people who did not care about the console. Since the whole point of the Kinect was to draw an entirely new audience to the console, that bodes rather ill for Microsoft's plans.

There's that much of a demand really? I was able to walk into a Toys R Us in the middle of a city of over 175 thousand people the day after launch and pick one up with no trouble at all. And that was with getting a $30 gift card. Where is this mad craze at?

High demand? Really? You wouldn't be able to tell here in Washington, at least out here around Kitsap County. I saw three of them sitting in the case at WalMart last night (yesterday being black friday - basically the biggest shopping day of the year, I would expect to see none of them left).

 

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