About: Grey market   Sponge Permalink

An Entity of Type : owl:Thing, within Data Space : 134.155.108.49:8890 associated with source dataset(s)

The most recent grey market incident was the launch of the Playstation 3 and Wii systems in November 2006. During this time, both systems were severely understocked and many buyers who purchased a system looked to gain a profit by selling the system on Ebay for a higher price. PS3 prices reached an average high of $2,367, a retail mark-up of nearly $1,800.

AttributesValues
rdfs:label
  • Grey market
rdfs:comment
  • The most recent grey market incident was the launch of the Playstation 3 and Wii systems in November 2006. During this time, both systems were severely understocked and many buyers who purchased a system looked to gain a profit by selling the system on Ebay for a higher price. PS3 prices reached an average high of $2,367, a retail mark-up of nearly $1,800.
sameAs
dcterms:subject
dbkwik:vgsales/pro...iPageUsesTemplate
abstract
  • The most recent grey market incident was the launch of the Playstation 3 and Wii systems in November 2006. During this time, both systems were severely understocked and many buyers who purchased a system looked to gain a profit by selling the system on Ebay for a higher price. PS3 prices reached an average high of $2,367, a retail mark-up of nearly $1,800. The grey market can be used to gauge supply issues. For certain cases, there is a strong correlation in monthly unit sales and grey market prices from auction sites like EBay. For example, the Wii suffered from shortages in January 2008 and this resulted in a lower monthly unit sales and mark-up prices of 40%. When supply increased in April 2008, monthly unit sales also increased and correspondingly the mark-up price went down to only 10%.
Alternative Linked Data Views: ODE     Raw Data in: CXML | CSV | RDF ( N-Triples N3/Turtle JSON XML ) | OData ( Atom JSON ) | Microdata ( JSON HTML) | JSON-LD    About   
This material is Open Knowledge   W3C Semantic Web Technology [RDF Data] Valid XHTML + RDFa
OpenLink Virtuoso version 07.20.3217, on Linux (x86_64-pc-linux-gnu), Standard Edition
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2012 OpenLink Software