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Here's a novel idea to help with price gouging

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pilgreenal
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Re: Here's a novel idea to help with price gouging 2018/01/28 02:13:23 (permalink)
Nereus
 
It's not just GPU's - the GPU prices now are a result of an inability to meet unexpected demand, but look at RAM prices, what's their excuse? I purchased 4 x 8GB 3000MHz Corsair Dominator Platinums [] for $250 in March 2017. They are now $450, less than a year later (and have been priced like that for months).
 
I wish my salary would increase like that!
 
 
 


Whoa, I figured the 8GB sticks would be less. I just got pretty much the same kit but 2x16GB for $425.
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kylerxiii
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Re: Here's a novel idea to help with price gouging 2018/01/28 07:32:53 (permalink)
The elite membership idea is a good one. Has anybody had any success purchasing?
#32
Polycount
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Re: Here's a novel idea to help with price gouging 2018/01/28 08:19:02 (permalink)
I get the feeling we're going to see a lot of spam and unrelated messages to get this Elite thing.
 
OT, as far as RAM goes, I've heard it's an issue of price fixing - certain manufacturers have banded together to vow not to undercut each other. That's what I've heard, anyway, I'm not sure if it's accurate or not.
#33
SierraWolf117
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Re: Here's a novel idea to help with price gouging 2018/01/28 08:24:25 (permalink)
Nereus
 
It's not just GPU's - the GPU prices now are a result of an inability to meet unexpected demand, but look at RAM prices, what's their excuse? I purchased 4 x 8GB 3000MHz Corsair Dominator Platinums [] for $250 in March 2017. They are now $450, less than a year later (and have been priced like that for months).
 
I wish my salary would increase like that!
 
 
 


I know, I hate this. RAM is ridiculous, their excuse is the need for more memory in new laptops and phones causing an increase in demand.
#34
bill1024
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Re: Here's a novel idea to help with price gouging 2018/01/28 09:23:50 (permalink)
Elite most likely will not help, they are all sold out too.
Newegg sells Elite GPUs, well when they are in stock.
But welcome to the forums to all the new comers.

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#35
SuperSchnitzel
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Re: Here's a novel idea to help with price gouging 2018/01/28 11:11:25 (permalink)
doesnt the evga member thing already limit 1 per customer?
#36
Nereus
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Re: Here's a novel idea to help with price gouging 2018/01/28 11:13:15 (permalink)
SuperSchnitzel
doesnt the evga member thing already limit 1 per customer?


Yes, and I believe they also track it by address, which stops people making multiple accounts.
 


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#37
bill1024
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Re: Here's a novel idea to help with price gouging 2018/01/28 18:28:16 (permalink)
It is a limit of one for each model, I can buy 3 1080Tis but it has to be 3 different ones.

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#38
thatonedude14
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Re: Here's a novel idea to help with price gouging 2018/01/28 19:22:40 (permalink)
Globespy
I read recently that GPU manufacturers are asking retailers to limit sales to 2 per customer in an attempt to somehow show that they care for their main customer base who are feeling the pain of insane prices that IMO are being artificially hyped with this crypto currency thing.
Yeah, pass the buck to the guys who have the least incentive to reduce prices! Brilliant idea!
No, the solution comes from the source.

If EVGA wants to truly make a difference and keep customers, how about they sell directly to customers, limiting to one unit per customer.
BUT AT THE ORIGINAL MSRP.

Then we will see where the focus is, and if there's really good intent. Of course miners will buy too but since miners are a tiny percent of total customers, this should quickly see change behind to happen again.
Sure, there's always the people who will try to resell for massive profit, but if EVGA keeps production to supply one unit per customer then the majority of customers (regular PC gamers etc) will get a new card and the price gouging stops.
It's also likely to make EVGA much more popular as a brand and will cause other manufacturers to follow suit.

But we won't see that happen will we?
Exactly, because this frenzy is good for business.
Or maybe EVGA actually cares and will do something about it before they kill off the PC gaming community.
I won't buy another card at these prices out of pure principal. And many just can't afford to spend that money.
Great news for the console industry, the Xbox One X sitting in my media room just got a whole bunch more interesting from a value for money perspective, and with 4K gaming and coming keyboard and mouse support, what's the point of having a $3K PC moving forwards?

GPU manufacturers need to drive the change they want to see. It's really a question of whether they really want to or not.
Anyone else thinking the same thing?

They have done a few things.  They have placed a 1 per household limit as well as making some new cards and restocked cards only avail for Elite members so bots and miners can't buy up all the stock
#39
vkon15
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Re: Here's a novel idea to help with price gouging 2018/01/28 23:23:06 (permalink)
Everybody hates miners, but everybody loves their money. I doubt anyone in the business of making/selling video cards is not happy of being able to sell cards to miners.
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Nereus
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Re: Here's a novel idea to help with price gouging 2018/01/28 23:41:12 (permalink)
 
Well, if nothing else, I don't feel quite so bad about forking over $1,200 for my Titan X pascal now..
 
 
 


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#41
BH207
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Re: Here's a novel idea to help with price gouging 2018/01/29 00:33:16 (permalink)
Polycount
I get the feeling we're going to see a lot of spam and unrelated messages to get this Elite thing.
 
OT, as far as RAM goes, I've heard it's an issue of price fixing - certain manufacturers have banded together to vow not to undercut each other. That's what I've heard, anyway, I'm not sure if it's accurate or not.


EVGA states that the qualification for Elite Membership requires, among other options, 100 quality posts. It stands to reason that low quality posts and spam will not be accepted.
#42
bill1024
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Re: Here's a novel idea to help with price gouging 2018/01/29 01:37:06 (permalink)
Where is the source that elite member are getting cards first?
 

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#43
Noxnoctis1976
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Re: Here's a novel idea to help with price gouging 2018/01/29 04:37:16 (permalink)
Yeah bots are buying things out. Feels like I'm trying buy Pax tickets every damn day.
#44
Noxnoctis1976
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Re: Here's a novel idea to help with price gouging 2018/01/29 06:23:34 (permalink)
I support the original post. Hard locking to an address would work.
#45
s10blazed
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Re: Here's a novel idea to help with price gouging 2018/01/29 08:01:20 (permalink)
You're right, OP.  That would be a good idea for all of the consumers who want a card to play games.  But realistically, EVGA is a business.  Businesses are out to make money.  So they will ride this wave as best they can that lines their pockets with money without making TOO MANY people angry that they can't get a card.  
#46
BH207
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Re: Here's a novel idea to help with price gouging 2018/01/29 08:59:34 (permalink)
bill1024
Where is the source that elite member are getting cards first?
 


There have been days with availability limited to Elite Membership only cards. There have also been days when regular cards were available and Elite Membership cards were not. I’m subscribed to both notification lists.
#47
EchofoxtrotFTW
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Re: Here's a novel idea to help with price gouging 2018/01/29 09:13:02 (permalink)
Don't get me started on this, I have been trying to buy a GPU to finish my build for a month and nothing out there worth buying or they want you to pay double for it.
#48
bcavnaugh
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Re: Here's a novel idea to help with price gouging 2018/01/29 09:14:52 (permalink)
BH207
There have been days with availability limited to Elite Membership only cards. There have also been days when regular cards were available and Elite Membership cards were not. I’m subscribed to both notification lists.

You may need to take a closer look at what it is you are really talking about when you say In Stock for an Elite Membership Only Card
 The image on the Left Shows Otherwise.

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#49
bcavnaugh
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Re: Here's a novel idea to help with price gouging 2018/01/29 10:05:30 (permalink)
EchofoxtrotFTW
What the hell is an elite membership sounds more like preferential treatment. I would hate for EVGA to get caught up in the #ME too pandemic over GPU's

https://www.evga.com/member/elite/
You seem to know as you are on your way to 100 Posts.

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#50
Cool GTX
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Re: Here's a novel idea to help with price gouging 2018/01/29 10:17:32 (permalink)
Lets Keep on Topic .... start a New thread if you want to discuss other things

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#51
ElginAgain
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Re: Here's a novel idea to help with price gouging 2018/01/29 14:55:02 (permalink)
Wish I was an elite member!
#52
candle_86
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Re: Here's a novel idea to help with price gouging 2018/01/29 22:34:09 (permalink)
vkon15
Everybody hates miners, but everybody loves their money. I doubt anyone in the business of making/selling video cards is not happy of being able to sell cards to miners.




 
You'd be wrong, does a miner buy the EVGA keyboard, mouse, motherboard and PSU? Do they return in 2-3 years to update their system?
 
I am using the first non EVGA GPU in awhile for my gaming system, because I couldn't find an EVGA 1060 in stock so I went with Zotac. Miners do not care about the ecosystem, add to that sure they are selling like crazy now, but I remember 2011 quite well when the first bitcoin crash happened, I bought a brand new HD5850 for $119 because suddenly to much stock and used prices where insane, remember an HD 5870 on ebay for $140 or a used HD6970 on ebay for $200 post crash. The difference is this time it affects EVGA and I'm sure they noticed what happened to the AMD guys back then and don't want a repeat. 
 
So no they likely would prefer if miners didn't use their video cards, no repeat customers and no building the EVGA ecosystem
#53
QuintLeo
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Re: Here's a novel idea to help with price gouging 2018/01/30 03:19:54 (permalink)
Polycount
I'm getting extremely frustrated with the pricing situation, but at the same time, I understand why manufacturers haven't increased production yet.
 
Couple reasons.
  • First, it's not as easy as "just ramping up production." They need to build new facilities, hire new staff, and deal with all the logistics that go with that. That is not a 1 or 2 month process.
  • Nobody knows how long this crypto BS will last. Because it's unpredictable, manufacturers could be left eating a huge loss if they produce too many cards only for the market to crash for an extended period of time.

 
 AMD has specifically cited 2014 as one reason they are not going to ramp up production a ton - that was be the end of the "great Litecoin mining craze" and had no effect on Nvidia, but had a major effect on AMD's bottom line for over a year when the eventual crash happened.
 What they didn't bother to think about is that they had ALREADY earned a bunch of money, just sooner than anticipated, and should have INVESTED it.
 
 I don't believe that the current shortage is crypto-caused, the small "total network hashrate" increases over the past month to NOT support the theory that miners caused the current shortage.
 
 After looking at ALL the factors I can find information about, it appears on the Nvidia side to be a combination of a VERY VERY BIG Christmas sales season to gamers (high-end Intel and AMD cpus ALSO sold a ton, those are NOT used in mining rigs as a general rule due to excessive COST and no need for the high performance) AND the switchover at TSMC (which makes the GPUs the 1060 and up, but NOT the 1050 ti or 1050 (Samsung made) and I'm not sure on the 1030) from Pascal GPU production to Volta "consumer" GPU production that TSMC announced in October that would be happening "around the end of the year".
 
 The SPRING shortage, especially on the AMD side, probably was largely cryptocoin mining caused - network hashrates were climbing FAST in March-June timeframe - and it indirectly hit Nvidia as gamers couldn't find AMD Polaris "gaming" cards at reasonable pricing.
 It even affected the 1070 and 1060 directly, when AMD "mining friendly" cards got into the same price range as the Nvidia cards with similar hashrates, thus the short-term 1070 and VERY short term 1060 shortages in late Spring.
 The same hashrate growth though just IS NOT THERE to support the current FAR WORSE shortage being crypto mining caused.
 
 You gamers need to start blaming YOURSELF for the shortage you have caused - or blame Nvidia for not meeting YOUR demand.
 

Now that vorsholk has stopped his abuse, I'm returning to folding.
 I no longer MOO due to abuses by certain "whales" in the Gridcoin community - so I now work the Distributed.net project directly again.
 
#54
QuintLeo
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Re: Here's a novel idea to help with price gouging 2018/01/30 03:31:25 (permalink)
pilgreenal
 
It's not just GPU's - the GPU prices now are a result of an inability to meet unexpected demand, but look at RAM prices, what's their excuse? 
 



RAM pricing has been climbing for a year or a little more now, with "tight capacity" and "unexpectedly large demand" being cited as why.
Keep in mind that it takes MANY MONTHS or even a YEAR sometimes to get a new semiconductor "fab line" built, up, all the gear installed, the entire production area cleaned out (we're talking HIGH END clean room levels needed here!), equipment calibrated, first test runs checked, stuff readjusted to make it work right, and such.
You can't just "click on more production" in this stuff in a month or two.
 
2 years ago most sources were predicting PC sales would be DROPPING on a year-to-year basis for the foreseeable future.
2017 saw a large SURGE in PC sales vs last year - especially the higher-end machines Gamers love to build - that I don't think ANYONE anticipated - and that seems to have affected the entire PC ecosphere.
 
Keep in mind that Consoles use a lot of the same components too - they don't affect GPU, Case, Power Supply, or Motherboard PC supplies, but they definitely affect RAM and AMD CPU and hard drive and most of the other small components that are also used in a PC.
 
 

Now that vorsholk has stopped his abuse, I'm returning to folding.
 I no longer MOO due to abuses by certain "whales" in the Gridcoin community - so I now work the Distributed.net project directly again.
 
#55
nachofoot
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Re: Here's a novel idea to help with price gouging 2018/01/30 07:29:24 (permalink)
bcavnaugh
Mirco Center did not jack up their Prices, They updated them to the new OEM MSRP is all.




Yea...I went in the store and learned that there was no discount as stated in the news...
#56
Zerospinduelist
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Re: Here's a novel idea to help with price gouging 2018/01/30 07:47:47 (permalink)
EVGA does sell direct, to elite members, why do you think everyone is on the forums...
#57
QuintLeo
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Re: Here's a novel idea to help with price gouging 2018/01/30 13:05:26 (permalink)
EVGA_Jacob has put up a FEW cards set up specifically for elite members, based on his postings the past week and some - but most of the cards put up have NOT been "elite" cards.
 
 Micro Center HAS in fact jacked their pricing way up past MSRP on video cards - even Newegg has started doing that SOME on Nvidia cards WHEN THEY HAVE THEM.
MSRP hasn't gone up a LOT - but it has been drifting up a little most of the year due to RAM price increases.
 

Now that vorsholk has stopped his abuse, I'm returning to folding.
 I no longer MOO due to abuses by certain "whales" in the Gridcoin community - so I now work the Distributed.net project directly again.
 
#58
maci4life
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Re: Here's a novel idea to help with price gouging 2018/02/02 08:11:32 (permalink)
where's the bottle neck in production?  is it the lack of GDDR chips globally?  that was the vega's problem.
#59
Rainbow20
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Re: Here's a novel idea to help with price gouging 2018/02/02 08:15:17 (permalink)
bill1024
I think the best way to solve this is for manufactures to ramp up production and meet demand.
Not sure but I'll bet they are gearing for production of the next series of GPUs and had to cut production of the last series to do so.
I put the blame for this on the manufactures who are not meeting demand.
With a high demand for the product they make now seems silly not to make more, sell more, make more $$
It is not like stores get more and sell out, no one anywhere seems to be getting stock in. I am not getting any in stock notices.
To limit people to one or two cards is not fair either, what if I want to build 3 systems with GTX10XX sli so my two kids and I can play "games" together in the house. I need six cards then.
I think it is bad business practice to not meet demand. They need to make more cards.


 
Unfortunately ramping up production isn't really possible since it relies on the fabricators.
#60
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