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BBCNEWS Click June 4, 2024 11:33:00

Outside of concerts reselling tickets or putting up a nice pair of shoes up on ebay for double the price but the modern scalper is a little bit different. they use internet bots, online software as programmed to do a certain task. so, that could be buying the first tickets available for a trip to majorca, telling me when the ferrari testarossa is under £100,000 or telling me when the stock of ps5 appears on the website. and when you have got a box, there is almost no limit to how many you could buy to allow you to resale. and the fact is, whether you like it or not, scalping and the use of stock check bots are legal. douglas, can you give a clap for me please? this is douglas chapman, an mp leading the charge in proposing to ban the resale of gaming consoles purchased with automated bots. ....

Internet Bots , Ferrari Testarossa , Douglas Chapman , Stock Check Bots ,

BBCNEWS Click June 4, 2024 11:34:00

I think it is skewing the market beyond what is reasonable and i think we need to look as well at what are the protections for the consumer returns policy for example, if something is not working properly, and how does it affect guarantees? are they paying tax, vat? are they registered for vat? they are purely trying to make a quick buck on the back of somebody who is desperate and it s just on the edge ethically and on the edge commercially, i think. so, when most physical shops were closed, it meant that scalpers could clean up, giving them an unfair advantage over everyone else, including me. most websites sold out within minutes and i don t want to pay up to £1000, buying from a scalper. instead, i used the free stock checker, which relies on word of mouth from shop employees to predict stock releases but it was often futile ....

Stock Checker , Stock Releases , Word Of Mouth ,

BBCNEWS Click June 4, 2024 11:35:00

Against the scalper s bots. he shouts. i m sorry. who do you think you re talking to? is that how you talk to your mother? no, no! so, i would often find myself waiting up to 2am or 3am on argos website, refreshing like mad. before finally getting lucky. and after seven months. door bell rings. so, i wanted to know who was stopping me from buying one of these for so long. this is jack, a scalper. he got into reselling years ago and made big money. for example, by flipping £150 yeezys for up to £1000. ....

Scalper S Bots , Door Bell Rings , Big Money ,

BBCNEWS Sportsday June 4, 2024 18:33:00

Of concerts, reselling tickets, or putting up a nice pair of shoes on ebay for double the price. but the modern scalper is a little bit different. they use internet bots online software that s programmed to do a certain task. so, that could be buying the first tickets available for a trip to majorca. telling me when the ferrari testarossa is under 100k. or telling me when new stock of ps5 appears on a website. and when you ve got a bot, there s almost no limit to how many you could buy to allow you to resale. and the fact is, whether you like it or not, scalping and the use of stock check bots are legal. douglas, could you give a clap for me, please? this is douglas chapman, an mp leading the charge in proposing to ban the resale of gaming consoles purchased ....

Internet Bots , Ferrari Testarossa , Stock Check Bots , Douglas Chapman ,

BBCNEWS The Film Review June 4, 2024 22:48:00

For example, if something s not working properly, you know, how does it affect guarantees? are they paying tax? are they paying vat? are they registered for vat? they re there purely trying to make a quick buck on the back of somebody who s desperate. it s just on the edge ethically, but it s also on the edge commercially, i think. this is jack, a scalper. he got into reselling years ago and made big money. for example, by flipping £150 yeezys for up to £1,000?! he s a former investment banker who used to make around 1,500 quid a month. and he s given up that dayjob. why? because since setting up aftermarket arbitrage, his reselling company, about 18 months ago, he claims that he s made £456,000 in revenue in subscriptions alone. he helps others resell ....

Investment Banker , Big Money , Up Aftermarket Arbitrage ,