Post a Free Blog

Submit A Press Release

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Dark Comedy
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Music
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Thriller
Truck Series (TRUCK)
True Crime
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Western
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeBusinessMore PS5 stock to arrive at Walmart: Retailer vows to identify &...

More PS5 stock to arrive at Walmart: Retailer vows to identify & fight scalpers

Add to Favorite
Added to Favorite

 

 

Getting a PS5 or Xbox Series X has been more challenging during the pandemic, with lesser stock arrivals as well as scalpers and bots buying up stock as soon as it is released online.

 

Walmart has promised to use better technology and strategies to identify scalpers using bots, to stop them from buying consoles for the sole purpose of reselling them at much higher rates.

 

Jerry Geisler, chief information security officer at Walmart, outlines how the retail giant has been working to make sure that people and not bots buy “the hottest gifts they want this season.” Some of these gifts include the PS5 and the Xbox Series X which are “coming online soon,” according to his post.

 

Christmas eve is too late to expect a delivery on Christmas day but ordering online, if Walmart gets stocks, could lead to pickup at a local store, on Christmas.

 

Pickup in person is also a way to fight scalpers. When it restocked in November 25, Walmart managed to prevent 20 million bots from ordering online during the first half hour of its sales. However, as retailers develop technologies, scalpers find ways around it and manage to stock up.

 

If Walmart stores become strict and enact the “one per customer policy” hoarding can decrease. However, the best way is to avoid buying consoles from scalpers. If there is no economic benefit,   scalpers will automatically stop hoarding goods.

 

The following retailers said that they have restocked PS5 consoles

 

  • Walmart
  • Best Buy
  • GameStop
  • Amazon
  • Target
  • Sony
  • Newegg
  • Adorama

 

Source  

Subscribe to get Latest News Updates

Latest News

You may like more
more

Israel Stocks Rise as TA-35 Index Closes Higher

TA-35 Index Shows Strong Performance Israel's stock market showed positive...

XRP Falls 10 percent in Bearish Trade

Overview of Recent Decline XRP, one of the leading cryptocurrencies,...

Dollar Dips with Treasury Yields After Bessent Pick

The Dollar and Treasury Yields Response The U.S. dollar recently...

Oil Prices Hold at Two-Week High Amid Russia-Iran Tensions

Geopolitical Factors Boost Oil Prices Oil prices have recently hit...