Due to the semiconductor chip shortage and increased demand, these game consoles have been extremely difficult for shoppers to find in stock — at least at the suggested retail price. Why is there a shortage of PS5?
One of the reasons the Play. Station 5 is so expensive is that the cost of materials has gone up dramatically. More and more of today’s devices are dependent on the same raw materials that used to be reserved for computing technology.
Oftentimes, they inflate the PS5’s price to an almost laughable amount. Over at Walmart, third party reseller Nationwide Distributor — which has an 81% positive rating — has a PS5 console on sale for $1,077 . That beats the absurd $1,059 PS5 console we saw at Newegg not too long ago.
When we were reading we ran into the query “Why are ps5s so expensive?”.
Supply of Play. Station 5s is still very low while demand is still incredibly high. This is going to keep the cost of these gaming consoles higher than normal until things start to balance out. With this question in mind, we should consider a few of the reasons supply has been so low, and demand has been so high .
Is Walmart having a PS5 restock?
Buying a PS5 is incredibly hard, and it’s exciting to see when a retailer actually has some console in stock. But in the case of Walmart, this is one PS5 restock you will want to avoid .
You could be wondering “Does Walmart have PS5 restocks?”
Walmart has also restricted Play . Station5 restocks to Walmart+ members. The service, which costs $98 per year or $12.94 per month, also offers free, same-day delivery from your local Walmart store (in some areas), member prices on gas (at participating stations) and money off on certain prescriptions.
These consoles are also out of stock almost everywhere online. If you do manage to find a PS5 for sale , it’s going to be marked up by resellers. There have been Play. Station 5s that have sold for well over $1,000. In fact, this rush for PS5s has even driven the PS4 back up to prices it hasn’t seen since its release.
How can walmart sell so cheap?
Walmart maintains low operation and production costs by using standard and less number of component parts. It tries to keep overhead expenses to a minimum by offering low wages to workers and leasing sites in low-rent areas. Goods are manufactured in countries where labor is very cheap.
This enables Walmart to buy bulk quantities of the product at the lowest price possible. When it comes to transportation of goods, Walmart owns an extensive fleet of trucks which ensures that all products are delivered to its stores through the network of distribution channels in the least amount of time possible.
One way to consider this is Walmart sells more of just about everything than pretty much any other seller, and it sells many products for less than anyone else. Taking that into account, Walmart could make more money even if the margins are smaller. If the corner store sells three razors for $2.99 that it bought at wholesale for $1.99, that shop just made $3, for example.
Walmart hardly ever deals with brokers when making deals with its suppliers. It works directly with the manufacturers that make the products it sells and the farms that produce food for its grocery sections, and it increasingly sends its own trucks and drivers out to pick up and deliver the things it will sell.
Can Walmart keep its prices low enough to compete with Amazon?
If Walmart didn’t keep its prices low enough to compete with e-commerce giants like Amazon, then it could soon enough go the way of Borders bookshops, Sam Goody’s record stores, and other once-ubiquitous retailers that saw their market share fade and then collapse as online sales grew ever larger.