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by fomine3 2015 days ago
In Japan, a notorious and No1 import agency called "ASK" does this operation for video cards. They sets higher prices at launch (3060Ti/3070 is 30%-40% expensive than US' MSRP) and finally decreases the prices. As a result, now we can easily buy any 3060Ti/3070, and 3080 if you don't choose brand, but expensive. What's interesting here is that sold price in Japan is sometimes far cheaper than scalper's price in US.
1 comments

What you're describing is called a Dutch auction.

Microsoft and Sony should have offered their new consoles using this method. Start at a very high price like $10,000, decrease the price until people start buying, resume decreasing the price when demand is satisfied, and repeat as needed.