Wednesday, February 14th 2018
Newegg Repents for Overpricing AMD APUs by Partially Refunding Customers
California-based Chinese PC hardware retailer Newegg late Tuesday, issued partial refunds to customers who bought highly marked-up AMD Ryzen 2000-series APUs with Radeon Vega graphics. At launch, Newegg marked up the Ryzen 3 2200G and the Ryzen 5 2400G by as much as US $20 above their MSRPs of $99.99 and $169.99, respectively. The 2400G was listed at $189.99, a price that greatly erodes the chip's competitiveness in the market against similarly-priced Intel chips. Newegg has since "lowered" prices of the two chips back to their MSRPs, and is writing to those who bought the chips at marked-up prices, intimating them of refunds of the mark-up back to their original mode of payment.
Source:
GamersNexus
48 Comments on Newegg Repents for Overpricing AMD APUs by Partially Refunding Customers
Dear newegg. I would like to inform you that
$189.99 - $169.00 = $20.99, not $20
:p
We here at Newegg are writing to inform you that we Overpaid you by $0.99
Please Send us Payment ASAP as we have frozen your account untill this overpayment is corrected
Failure to pay will result in this Case being froward to Our Payment Collection Service and may effect your Credit Rating
:roll:o_O
The 2200G - 109USD and 2400G - 169USD prices are RRP or SRP, wich is Recommended or Suggested Retail Price respectively. As the retailer they have the complete and utter freedom to charge anything they deem fit as long as stuff is clearing inventory even with the markup.
The only reason they are doing these customers a favour because probably AMD told them so. The marketing department probably thought to themselfes they had taken enough flak for the Vega launch price shenanigans...
Same for GPU's
Nobody has to buy from newegg. Anyone with an tiny bit of common sense would simply look up the item on amazon, see that it was cheaper, and buy it there. Only fools are buying exclusively from newegg without cross shopping prices these days. Ever since they got bought out by the chinese, pricing shenanigans and third party offering have dramatically increased in size.
Anyone complaining they got ripped off couldnt be bothered to google their part and look for a better deal.
By your logic buying some apples from Merchant A for $1.89 and your way home seeing that Merchant B, C and D are selling the same amount for $1.69, gives motive to go back to Merchant A to haggle the price after the transaction? So when Merchant A whom wasn't even obligated to give you back said 20 cents in the first place, but decides to do it anyway, it is not a favour?
But I get it, the customer is always right... or something along those lines ay?
Hmph. I do recall him saying he had to buy the APUs because AMD wouldn't supply them..
You're now the third person who's got their nose out of joint over a perfectly reasonable comment I made, lol. I mean, seriously...It's quite possible. AMD has become competitive again with Intel and I'm sure they don't want greedy retailers to screw that up.