When Bodega, a streetwear shop in the Back Bay neighborhood of Boston, released a hyped, limited-edition New Balance 997S sneaker in 2019, the entire stock sold out online in under 10 minutes. There was one problem, though: About 60 percent of Bodega’s sales went to shoppers gaming the system with bots, timesaving automation software used to speed through checkout. The bots had claimed hundreds of pairs of New Balances for a single customer; many other shoppers failed to secure just one. From a report: “We got destroyed by bots,” said Jay Gordon, one of Bodega’s owners. “It was making it impossible for our average customers to even have a shot at the shoes.” Shoppers armed with specialized sneaker bots can deplete a store’s inventory in the time it takes a person to select a size and fill in shipping and payment information. For limited-release shoes, the time advantage afforded by a bot could mean the difference between disappointment and hundreds of dollars in instant profit. In the case of Bodega’s New Balance drop, one person managed to buy a pair of the $160 sneakers before the product page was even live. Others seemed to navigate the site with superhuman efficiency, zooming from product page to purchase confirmation in 30 seconds.
Though Bodega had limited each shopper to a maximum of three pairs, the store found that it was about to ship 200 pairs of New Balances to several addresses in the same apartment building in New Jersey. To most customers, bots are the bane of online shopping. But for sneaker brands and retailers, the relationship is more complicated. Thanks to resale sites like StockX and GOAT, collectible sneakers have become an asset class, where pricing corresponds loosely to how quickly an item sells out. Sophisticated sneaker bots, which can cost thousands of dollars, are key to creating the artificial scarcity that makes a sneaker valuable and, in turn, makes a brand seem cool. It all raises a big, difficult question: If the bots lose, who wins?
of this story at Slashdot.
Source:: Slashdot