Just three weeks into the holiday shopping season, and you're probably already feeling frazzled. Especially if you have kids or grandkids that are asking for the latest toys. If you've tried to find them online, you're likely striking out. These popular products are being bought by robots.
It's almost impossible to compete with these bots, which are essentially product scalpers. They're programmed to swipe up new toys and products right as they're released. Then, the owners of these products turn around and list them on eBay, where you'll be charged more for them.
Easy way to make a profit? Absolutely. But, it's also becoming a huge problem that retailers and manufacturers have to deal with.
Adidas, for instance, has been dealing with "shoe bots" for years. These bots are designed specifically to swipe up their new sneakers as they're released, and are used mostly when a new limited-release shoe becomes available.