Redisplay Messages: Compact | Brief | All | Full Show Messages: All | Without Replies Re: Typical profit margins - Stuart9 (1060)  | Sourcing suitable Lego at a good price here is not easy either, nearly everyone expects a high price, can’t blame them but it makes it difficult if you want to resell. In [...]
(28 months ago, Jan 19, 2022, to Announce) |
Re: Typical profit margins - Teup (6604) | [...] Ah, that makes sense, I was talking strictly about parting out new sets. Those will usually be 2x or 3x almost by definition, as I think that roughly gets you an hourly [...]
(28 months ago, Jan 19, 2022, to Announce) |
Re: Typical profit margins - StickyBrickit (385) | [...] Some good points about time management. I think this is key with reselling Lego...max. gains could be seen by parting out every piece and listing individually but to [...]
(28 months ago, Jan 19, 2022, to Announce) |
| 10k bricks milestone - Oliverbricks (222) | Hello everyone my store just hit 10,000 bricks please stop by my store and check it out
(28 months ago, Jan 18, 2022, to Announce) |
| Re: Typical profit margins - yorbrick (1184) | [...] It depends if the used set is already checked for completeness and everything is genuine. If that is already done, then part out times are similar. Unless there are stickered [...]
(28 months ago, Jan 18, 2022, to Announce) |
| Re: Typical profit margins - Brickitty (6460) | [...] Thank you so much, Crystal! I like your store too, and since I see you have a handful of things on my wanted list, expect an order from me later today! (Not because [...]
(28 months ago, Jan 18, 2022, to Announce) |
| Re: Typical profit margins - Adjour (2464) | as a side note, I've always liked your store. It's the size I hope to reach. I think we have similar strategies on many things based on other posts. It is so interesting [...]
(28 months ago, Jan 18, 2022, to Announce) |
| Re: Typical profit margins - Brickitty (6460) | [...] +1 to just about everything. If I had gone into the field I majored in over a decade ago, I still wouldn't be making as much as I do with Lego, even after the high [...]
(28 months ago, Jan 18, 2022, to Announce) |
| Re: Typical profit margins - Adjour (2464) | [...] Agreed. After I posted I realized I should specify. Used is def a different ballgame. That said, I still do better than 2x on new stuff. I don't find new sets [...]
(28 months ago, Jan 18, 2022, to Announce) |
| Re: Typical profit margins - yorbrick (1184) | [...] A big difference here is new vs used. New sets, whether sold as part outs or sets, don't have the profit margins that used ones do but then they do not require the [...]
(28 months ago, Jan 18, 2022, to Announce) |
| Re: Typical profit margins - Adjour (2464) | [...] if you are topping out making 2x markup doing this IMO you are doing something wrong. .02 I frequently make 10-20x my investment sometimes more. I'd say 4-5x is [...]
(28 months ago, Jan 18, 2022, to Announce) |
Re: Typical profit margins - runner.caller (2651) | [...] You bring up a good point about time. I'd say the best % return on paper would be from cheap used bulk with figs and listing every possible piece. I recently acquired [...]
(28 months ago, Jan 18, 2022, to Announce) |
| Re: Typical profit margins - Teup (6604) | [...] I think the unwritten rule many sellers have in their heads is that x2 = OK. x3 is great, x4 is exceptional and x5 is fishermen's talk. Well, I heard that in America [...]
(28 months ago, Jan 18, 2022, to Announce) |
| Re: Typical profit margins - yorbrick (1184) | [...] That depends on when / how you sell. If you are a private rather than a registered business seller, they regularly do 70% off the percentage fees. If you list then, you [...]
(28 months ago, Jan 18, 2022, to Announce) |
| Typical profit margins - StickyBrickit (385) | Just wondering what sort of % profit margins people generally make, if they know? I don't know the exact number but I usually try to buy parts at a price that allows me to [...]
(28 months ago, Jan 18, 2022, to Announce) |
Reached 20 000 items. - Paul_Dreuning (57) | Hello every one, This week i hit 20k parts. Everything in my store is 10% off. If you have tips for my store, please let me know. Sincerely, Paul Dreuning.
(28 months ago, Jan 15, 2022, to Announce) |
| New store - Oliverbricks (222) | Hello everyone please come check out my store I am a new seller. If you have any tips for me please let me know and If you are interested in supporting me that would be great. [...]
(28 months ago, Jan 14, 2022, to Announce) |
Re: What Would You Do Different? - zorbanj (817) | [...] There is also the opportunity cost of putting all the pieces away, picking them for orders and shipping out the orders themselves. Once the set is together it takes 5 [...]
(28 months ago, Jan 12, 2022, to Announce) |
| Re: What Would You Do Different? - Adjour (2464) | Selling sets is how I got rolling. I love buying bulk and putting sets back together. Opportunity cost IS a thing. So even though you make more on selling the parted out set, [...]
(29 months ago, Jan 12, 2022, to Announce) |
| Re: Minifig Heads Blocked Open Vs Hollow - peregrinator (776) | [...] Not to be a pedant but I think it's a Y - there are three arms instead of four. There are also a few "vented" studs around - that's just a single bar across. [...]
(29 months ago, Jan 12, 2022, to Announce) |
| Minifig Heads Blocked Open Vs Hollow - ChickswithBrix (3586) | I've been listing used minifig heads and there seems to be inconsistency on these 2 varieties. Is there a consensus on which is which? I assume the hollow studs are the [...]
(29 months ago, Jan 12, 2022, to Announce) |
| Re: What Would You Do Different? - kzinti (4925) | [...] I'd have invested $50k in bulk brick purchases (instead of only $3k) from the guy I met who had the scrap contract with the Mexican Lego manufacturing facility. [...]
(29 months ago, Jan 12, 2022, to Announce) |
| Re: What Would You Do Different? - Brick_Qc (3745) | [...] Funny personnal story on BL. 12-14 years ago, I got lucky, I got a surprise in a collection I bought. A boxed 106-1 Unicef set in great condition. I was ecstatic, I knew [...]
(29 months ago, Jan 12, 2022, to Announce) |
| Re: What Would You Do Different? - Brickitty (6460) | [...] I mean, don't you know that the United States Postal Service should be profitable? Unlike... let's see... virtually every other federal institution? *heavy sarcasm* [...]
(29 months ago, Jan 12, 2022, to Announce) |
| Re: What Would You Do Different? - Brickitty (6460) | [...] Storage bags like this: (URL) They're usually available at box stores and grocery stores, but they're usually more expensive than regular storage bags. (Sorry, [...]
(29 months ago, Jan 12, 2022, to Announce) |
Re: What Would You Do Different? - SylvainLS (46) | [...] Ziploc (which, apparently, is a brand) does them: just search for “ziploc slider.” And if you want another brand, search for “ziplock slider.”
(29 months ago, Jan 12, 2022, to Announce) |
| Re: What Would You Do Different? - jennnifer (3533) | [...] Funny...I like buying mixed-up bulk sets and selling them by the part no matter what fancy set was in there. I do feel a bit guilty sometimes breaking up the remnants [...]
(29 months ago, Jan 12, 2022, to Announce) |
| Re: What Would You Do Different? - Brickitty (6460) | [...] That's funny, because that process of buying bulk, buying missing parts, and selling complete sets was the only way I was able to build up my backstock of parts, [...]
(29 months ago, Jan 12, 2022, to Announce) |
| Re: What Would You Do Different? - Ziegelmeister (223) | [...] Probably the single dumbest thing I did comes with a caveat. Once things started taking off with my own personal leftover new pieces, I spent a couple grand buying new [...]
(29 months ago, Jan 12, 2022, to Announce) |
| What Would You Do Different? - StickyBrickit (385) | Just a thought experiment for those of you who run a store. If you could go back in time to when you started selling Lego, what's the one thing you'd do differently? [...]
(29 months ago, Jan 12, 2022, to Announce) |
| Re: How do I remove yellowing - Brickitty (6460) | [...] Unfortunately, it only works temporarily (the bricks will usually return to an even more yellowed state in 6-18 months) AND it makes the bricks much more brittle. [...]
(29 months ago, Jan 11, 2022, to Announce) |
| Re: How do I remove yellowing - iprice (1252) | [...] Despite repeated posts on siocial media about using hydrogen peroxide WhiteBright etc. from what I've seen and read the whitening effect may be limited long-term [...]
(29 months ago, Jan 11, 2022, to Announce) |
| Re: How do I remove yellowing - Adjour (2464) | [...] As far as I know the peroxide trick only works on white and old grey. I think it changes the color too much on the other colors. If you find a solution let me know, [...]
(29 months ago, Jan 11, 2022, to Announce) |
| How do I remove yellowing - Oliverbricks (222) | Hello everyone I was wondering how do I remove yellowing on my sand green part. I have 32 sand green 1x8 bricks and if you know there quite expensive but they have yellowing [...]
(29 months ago, Jan 11, 2022, to Announce) |
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