Redisplay Messages: Compact | Brief | All | Full Show Messages: All | Without Replies| Author: | yorbrick  | | Posted: | Mar 22, 2017 18:59 | | Subject: | Re: A Couple New Inventory Management Tools | | Viewed: | 32 times | | Topic: | Suggestions | |
|
| In Suggestions, Cob writes:
| | In Suggestions, yorbrick writes:
| | In Suggestions, axaday writes:
| | I'd like to be able to do one or both of the following:
1) Have a function to split a lot. Say I have 5 of a minifig and I decide I
want to separate two of them to possibly part out later. I'd like to have
a simple tool to make that into a lot of 3 and a lot of 2 where I can quickly
change the remarks or stockroom options, but leave everything else the same.
2) Be able to have part of a lot in the stockroom and part of it for sale. Say
I have a lot of 50 of a part, but on an inventory I only find 45 of them. 5
of them probably got stuck in the wrong place and will be found. I'd like
to be able to make that lot say I have 50, but only 45 for sale.
|
For 2, just change qty to 45 and leave a remark to add five when found.
|
I use my remarks for location and pricing. I would not want to clutter up the
remarks with more information.
|
In that case change the number, click the item number and add more inventory
as a separate lot. I know it's an extra few clucks but it does the job.
|
 |
| Author: | Cob | | Posted: | Mar 22, 2017 18:12 | | Subject: | Re: A Couple New Inventory Management Tools | | Viewed: | 39 times | | Topic: | Suggestions | |
|
| In Suggestions, yorbrick writes:
| | In Suggestions, axaday writes:
| | I'd like to be able to do one or both of the following:
1) Have a function to split a lot. Say I have 5 of a minifig and I decide I
want to separate two of them to possibly part out later. I'd like to have
a simple tool to make that into a lot of 3 and a lot of 2 where I can quickly
change the remarks or stockroom options, but leave everything else the same.
2) Be able to have part of a lot in the stockroom and part of it for sale. Say
I have a lot of 50 of a part, but on an inventory I only find 45 of them. 5
of them probably got stuck in the wrong place and will be found. I'd like
to be able to make that lot say I have 50, but only 45 for sale.
|
For 2, just change qty to 45 and leave a remark to add five when found.
|
I use my remarks for location and pricing. I would not want to clutter up the
remarks with more information.
|
|
| Author: | SylvainLS | | Posted: | Mar 22, 2017 18:11 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 34 times | | Topic: | Suggestions | |
|
| In Suggestions, Rob_and_Shelagh writes:
| | [… alcohol …]
This thread is getting interesting again.
Now what is all this stuff about you French buying up our cider orchards in the
south of England and turning them into vineyards for your Champagne houses? How
does that work, I thought you protected Champagne and it can only be made in..
well Champagne? Champagne region is forecast to get too warm over the next 50
years to grow the grapes we are told...
|
The region “expands”: in 2008, 40 communes where added to the “AOC” (controlled
designation of origin) (thanks Wikipedia).
So they still have 50 years to “move” the region! 
(And reverse the Brexit or invade England, whatever is easier…)
| | and someone else mentioned our cider
makers are going to Cambodia. Hmmm if the 6 month global average Lego price goes
in the opposite direction to global warming I'll be able to make a living
growing cider apples up here in the wild north (well I won't if it takes
50 years!). Now what was all this originally about, have we established you can
still buy Lego on BL yet without red and green indicators? If not can someone
please decide one way or the other, I'm more interested in the discussions
about fruit now.
I'll be back tomorrow for an update
|
Tomorrow’s update: you can now sell fruits and wines on BrickLink thanks to the
new application Wine.o!
|
|
| Author: | electricbaer | | Posted: | Mar 22, 2017 18:10 | | Subject: | Inventory Change Request for Set 7962-1 | | Viewed: | 19 times | | Topic: | Inventories Requests (Entry) | | Status: | Open | |
|
| Please make changes to the following inventory:
* Add 1 Part 85984pb156L Dark Bluish Gray Slope 30 1 x 2 x 2/3 with Orange Markings and Blue Rectangle Pattern Model Left Side (Sticker) - Set 7962 (Counterpart)
* Add 1 Part 3069bpb570L Light Bluish Gray Tile 1 x 2 with Yellow Markings and Blue Curved and Straight Lines on Dark Bluish Gray Background Pattern Model Left Side (Sticker) - Set 7962 (Counterpart)
|
|
| Author: | axaday | | Posted: | Mar 22, 2017 18:05 | | Subject: | Re: A Couple New Inventory Management Tools | | Viewed: | 27 times | | Topic: | Suggestions | |
|
| In Suggestions, yorbrick writes:
| | In Suggestions, axaday writes:
| | I'd like to be able to do one or both of the following:
1) Have a function to split a lot. Say I have 5 of a minifig and I decide I
want to separate two of them to possibly part out later. I'd like to have
a simple tool to make that into a lot of 3 and a lot of 2 where I can quickly
change the remarks or stockroom options, but leave everything else the same.
2) Be able to have part of a lot in the stockroom and part of it for sale. Say
I have a lot of 50 of a part, but on an inventory I only find 45 of them. 5
of them probably got stuck in the wrong place and will be found. I'd like
to be able to make that lot say I have 50, but only 45 for sale.
|
For 2, just change qty to 45 and leave a remark to add five when found.
|
Yes, that's what I do, but it clutters up my remarks. It would be useful
for other things, too.
|
|
| Author: | yorbrick | | Posted: | Mar 22, 2017 17:59 | | Subject: | Re: A Couple New Inventory Management Tools | | Viewed: | 36 times | | Topic: | Suggestions | |
|
| In Suggestions, axaday writes:
| | I'd like to be able to do one or both of the following:
1) Have a function to split a lot. Say I have 5 of a minifig and I decide I
want to separate two of them to possibly part out later. I'd like to have
a simple tool to make that into a lot of 3 and a lot of 2 where I can quickly
change the remarks or stockroom options, but leave everything else the same.
2) Be able to have part of a lot in the stockroom and part of it for sale. Say
I have a lot of 50 of a part, but on an inventory I only find 45 of them. 5
of them probably got stuck in the wrong place and will be found. I'd like
to be able to make that lot say I have 50, but only 45 for sale.
|
For 2, just change qty to 45 and leave a remark to add five when found.
|
|
| Author: | Rob_and_Shelagh | | Posted: | Mar 22, 2017 17:45 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 44 times | | Topic: | Suggestions | |
|
| In Suggestions, SylvainLS writes:
| | In Suggestions, Pher writes:
| | How could I forget the famous Grand Marnier?
|
Or Cointreau. Let’s not be partial… but still French 
Okay, okay, there’s also Curaçao…
Funnily, Cointreau, Curaçao, or triple sec make me think of cocktails whereas
Grand Marnier makes me think of desserts (though I don’t especially like strong
alcohol, in desserts or not).
|
This thread is getting interesting again.
Now what is all this stuff about you French buying up our cider orchards in the
south of England and turning them into vineyards for your Champagne houses? How
does that work, I thought you protected Champagne and it can only be made in..
well Champagne? Champagne region is forecast to get too warm over the next 50
years to grow the grapes we are told... and someone else mentioned our cider
makers are going to Cambodia. Hmmm if the 6 month global average Lego price goes
in the opposite direction to global warming I'll be able to make a living
growing cider apples up here in the wild north (well I won't if it takes
50 years!). Now what was all this originally about, have we established you can
still buy Lego on BL yet without red and green indicators? If not can someone
please decide one way or the other, I'm more interested in the discussions
about fruit now.
I'll be back tomorrow for an update
Robert
|
|
| Author: | axaday | | Posted: | Mar 22, 2017 17:40 | | Subject: | Re: Another Inventory Management Suggestion | | Viewed: | 38 times | | Topic: | Suggestions | |
|
| In Suggestions, jbricks writes:
| | In Suggestions, axaday writes:
| | I forgot one of the things I wanted to suggest in the other post until just now:
Currently in my inventory screen I can grab all of the blue pieces or all
of the minifigs or all of the brackets or all of the used pieces and I can see
a total piece and lot count of the group or the total value of the group and
I can put all of the group on sale or delete all of the group. My I and I think
most sellers use the remarks or comments section to organize inventory. I'd
like to be able to search for everything with a certain keyword in remarks or
comments and be able to manipulate that like I can blue pieces or brackets.
|
You can already in the box in the right when in inventory,
just click remarks/ or comments and use the searchbox
|
I can do a search, but I can't see a total of pieces with the keyword or
a total price for the keyword and I can't grab them all with one checkbox
and put them on sale or delete them.
|
|
| Author: | Foroglio | | Posted: | Mar 22, 2017 17:40 | | Subject: | Inventory Change Request for Set 8472-1 | | Viewed: | 17 times | | Topic: | Inventories Requests (Entry) | | Status: | Open | |
|
| Please make changes to the following inventory:
* Add 2 Part 32235 Flat Silver Hose, Soft Axle 19
|
|
| Author: | jbricks | | Posted: | Mar 22, 2017 17:29 | | Subject: | Re: Another Inventory Management Suggestion | | Viewed: | 28 times | | Topic: | Suggestions | |
|
| In Suggestions, axaday writes:
| | I forgot one of the things I wanted to suggest in the other post until just now:
Currently in my inventory screen I can grab all of the blue pieces or all
of the minifigs or all of the brackets or all of the used pieces and I can see
a total piece and lot count of the group or the total value of the group and
I can put all of the group on sale or delete all of the group. My I and I think
most sellers use the remarks or comments section to organize inventory. I'd
like to be able to search for everything with a certain keyword in remarks or
comments and be able to manipulate that like I can blue pieces or brackets.
|
You can already in the box in the right when in inventory,
just click remarks/ or comments and use the searchbox
|
|
| Author: | axaday | | Posted: | Mar 22, 2017 16:58 | | Subject: | Another Inventory Management Suggestion | | Viewed: | 115 times | | Topic: | Suggestions | | Status: | Open | | Vote: | [Yes|No] | |
|
| I forgot one of the things I wanted to suggest in the other post until just now:
Currently in my inventory screen I can grab all of the blue pieces or all
of the minifigs or all of the brackets or all of the used pieces and I can see
a total piece and lot count of the group or the total value of the group and
I can put all of the group on sale or delete all of the group. My I and I think
most sellers use the remarks or comments section to organize inventory. I'd
like to be able to search for everything with a certain keyword in remarks or
comments and be able to manipulate that like I can blue pieces or brackets.
|
|
| Author: | SylvainLS | | Posted: | Mar 22, 2017 16:56 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 43 times | | Topic: | Suggestions | |
|
| In Suggestions, Pher writes:
| | How could I forget the famous Grand Marnier?
|
Or Cointreau. Let’s not be partial… but still French
Okay, okay, there’s also Curaçao…
Funnily, Cointreau, Curaçao, or triple sec make me think of cocktails whereas
Grand Marnier makes me think of desserts (though I don’t especially like strong
alcohol, in desserts or not).
|
|
| Author: | axaday | | Posted: | Mar 22, 2017 16:52 | | Subject: | A Couple New Inventory Management Tools | | Viewed: | 169 times | | Topic: | Suggestions | | Status: | Discarded | |
|
| I'd like to be able to do one or both of the following:
1) Have a function to split a lot. Say I have 5 of a minifig and I decide I
want to separate two of them to possibly part out later. I'd like to have
a simple tool to make that into a lot of 3 and a lot of 2 where I can quickly
change the remarks or stockroom options, but leave everything else the same.
2) Be able to have part of a lot in the stockroom and part of it for sale. Say
I have a lot of 50 of a part, but on an inventory I only find 45 of them. 5
of them probably got stuck in the wrong place and will be found. I'd like
to be able to make that lot say I have 50, but only 45 for sale.
|
|
| Author: | Daragh | | Posted: | Mar 22, 2017 16:51 | | Subject: | Re: BrickLink you are losing business | | Viewed: | 71 times | | Topic: | Suggestions | |
|
| I did mention "weight or size restrictions etc etc " I didn't want to get
too much into it, but of course you are right, it is not just the weight, there
are other parameters to be set and that's how others deal with it, you can
set the dimensions available for the various postal options you want to offer.
I know that some countries offer a myriad of postal methods and to set them all
up to cover every eventuality maybe a drag for users but you just need to do
it once and then keep up to date, in return you have no more invoicing and chasing
or checking payments.
Additionally you can just set up the most common methods and weights you use
in your store and have anything outside those parameters revert to a "Request
a quote" scenario, much like the current system.
In Suggestions, Bricklord writes:
| | You are 1c short of grasping the problem. Postal rate are not just determined
by weight, but by volume as well. Or are you suggesting that sellers should only
ship as parcels, regardless of how much more that will cost buyers, and thereby
discourage buyers from shopping?
|
|
|
| Author: | Pher | | Posted: | Mar 22, 2017 16:34 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 48 times | | Topic: | Suggestions | |
|
| How could I forget the famous Grand Marnier?
In Suggestions, SylvainLS writes:
| | In Suggestions, Pher writes:
| | […]
But oranges have a limited area where you can sell them. There are not many countries
beside the United Kingdom with a demand for oranges to make marmelade.
|
Nonsense, all the fruits are useful: You can make alcoholic drinks with all of
them! 
| | Here in the province Hessen, wine from apples is the national drink.
[…]
|
|
|
|
| Author: | Grego | | Posted: | Mar 22, 2017 16:31 | | Subject: | Re: BrickLink you are losing business | | Viewed: | 83 times | | Topic: | Suggestions | |
|
| In Suggestions, FigBits writes:
| | In Suggestions, wahiggin writes:
| | In Suggestions, QA_Sheryl writes:
| | In Suggestions, BricksDirect writes:
| | Dear BrickLink admins and members,
We see it every day. BrickLink is losing business because it's still not
possible to pay immediately after checkout. We have to cancel our orders because
new members can't find shipping fees. They expect that the shipping fee will
be automically displayed when they put items in their shopping cart. The also
expect that they can pay immediately for their orders. The way it is going now
is way too complicated for new members.
Why is it so hard to create software to let members pay immediately and tell
them the shipping fee. BrickOwl and BrickScout are doing it. They are taking
BrickLink's business over.
What I hear from other sellers is that it's impossible to create it because
not al items have their weight in the BrickLink catalog. Why not solve this with
a standard weight for items that don't have their weight in the BrickLink
catalog? (0.5KG for a set, 0.2KG for a part etc.)
Please, BrickLink do something at this.
Thank you.
Best regards,
Niels Roest
Owner of BricksDirect
|
Hi Niels,
As has been stated in numerous other forum posts, we are in the process of creating
Instant Checkout. Since BrickLink has been around much longer than the other
sites you mentioned, our sellers have numerous configurations and setting up
the process is much more complex. We do not want to take away anything from how
our sellers are currently using the checkout process. With this in mind, we have
made great progress in instant checkout so far and will continue to do so without
sacrificing quality. We want to make sure this feature is accurate as well as
efficient.
We appreciate your patience and understanding, but want to let you know that
we have definitely heard the cry from our users for this feature and are working
hard to get it done as soon as possible!
Thanks!
|
Instead of a big bang approach, maybe doing an agile effort would be more impactful.
Start by creating a feature that would work for US shippers. Give sellers an
option to remain on the legacy shipping module or turn on the new Instant Checkout
feature until it is fully implemented. Then add other countries as you go along.
Prioritize it based on sales or complexity. Ebay does it, Brickowl does it,
Amazon does it, I can go out and create a website and add it in with a simple
plug in. This should be possible on a much shorter timeframe than what we have
seen so far.
|
All that needs to happen is to make the Shipping Cost Estimator face the customer.
That would already work for a majority of sellers, no matter the country.
--
Marc.
|
Even if the customer facing cost estimator only provided "an estimate" nonbinding,
that the buyer could decide to continue, bail or message the seller to ask why
the apparent high cost ...that shouldn't be too hard to do
|
|
| Author: | SylvainLS | | Posted: | Mar 22, 2017 16:29 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 38 times | | Topic: | Suggestions | |
|
| In Suggestions, Pher writes:
| | […]
But oranges have a limited area where you can sell them. There are not many countries
beside the United Kingdom with a demand for oranges to make marmelade.
|
Nonsense, all the fruits are useful: You can make alcoholic drinks with all of
them!
| | Here in the province Hessen, wine from apples is the national drink.
[…]
|
|
|
| Author: | FigBits | | Posted: | Mar 22, 2017 16:25 | | Subject: | Re: BrickLink you are losing business | | Viewed: | 69 times | | Topic: | Suggestions | |
|
| In Suggestions, wahiggin writes:
| | In Suggestions, QA_Sheryl writes:
| | In Suggestions, BricksDirect writes:
| | Dear BrickLink admins and members,
We see it every day. BrickLink is losing business because it's still not
possible to pay immediately after checkout. We have to cancel our orders because
new members can't find shipping fees. They expect that the shipping fee will
be automically displayed when they put items in their shopping cart. The also
expect that they can pay immediately for their orders. The way it is going now
is way too complicated for new members.
Why is it so hard to create software to let members pay immediately and tell
them the shipping fee. BrickOwl and BrickScout are doing it. They are taking
BrickLink's business over.
What I hear from other sellers is that it's impossible to create it because
not al items have their weight in the BrickLink catalog. Why not solve this with
a standard weight for items that don't have their weight in the BrickLink
catalog? (0.5KG for a set, 0.2KG for a part etc.)
Please, BrickLink do something at this.
Thank you.
Best regards,
Niels Roest
Owner of BricksDirect
|
Hi Niels,
As has been stated in numerous other forum posts, we are in the process of creating
Instant Checkout. Since BrickLink has been around much longer than the other
sites you mentioned, our sellers have numerous configurations and setting up
the process is much more complex. We do not want to take away anything from how
our sellers are currently using the checkout process. With this in mind, we have
made great progress in instant checkout so far and will continue to do so without
sacrificing quality. We want to make sure this feature is accurate as well as
efficient.
We appreciate your patience and understanding, but want to let you know that
we have definitely heard the cry from our users for this feature and are working
hard to get it done as soon as possible!
Thanks!
|
Instead of a big bang approach, maybe doing an agile effort would be more impactful.
Start by creating a feature that would work for US shippers. Give sellers an
option to remain on the legacy shipping module or turn on the new Instant Checkout
feature until it is fully implemented. Then add other countries as you go along.
Prioritize it based on sales or complexity. Ebay does it, Brickowl does it,
Amazon does it, I can go out and create a website and add it in with a simple
plug in. This should be possible on a much shorter timeframe than what we have
seen so far.
|
All that needs to happen is to make the Shipping Cost Estimator face the customer.
That would already work for a majority of sellers, no matter the country.
--
Marc.
|
|
| Author: | dashpilot | | Posted: | Mar 22, 2017 16:20 | | Subject: | Re: Counterfiet Set Reporting | | Viewed: | 57 times | | Topic: | Suggestions | |
|
| In Suggestions, MarshMan80 writes:
| | Why then did you leave the sell positive feedback "good seller; item as advertised
and in good condition"
If it was a defective/ fake item. Your feedback does not look like your un happy
with the item you bought. Have you contacted the seller? What does he have to
say about this? His other feed back reviews look good.
Marshal
|
Why do people counterfeit goods? Because they want to make money fast and easily.
They also need to make sure their product is cheap enough to entice people to
purchase it instead of the genuine product. With that said, if someone put all
that effort into producing such a high quality set it would have likely ended
up costing them more than Lego to produce it simply because Lego is set up to
produce the equipment and tooling required to produce the parts. Plus they produce
tons and tons and tons more than any counterfeiter ever would thus, to turn a
profit the counterfeiter would have charge more than a genuine product. Which
would then defeat the purpose of counterfeiting.
Secondly, contact the seller, I'm fairly new here, I've had some minor
issues on orders here and there, and I have had all good experiences, they more
than took care of me, even though a few times it actually erased all their profit
to set things right.
But hey those are my two cents.
|
|
| Author: | Pher | | Posted: | Mar 22, 2017 16:16 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 45 times | | Topic: | Suggestions | |
|
| In Suggestions, yorbrick writes:
| | There's no way anyone makes a living selling apples these days. Oranges,
that's where you should be investing.
|
But oranges have a limited area where you can sell them. There are not many countries
beside the United Kingdom with a demand for oranges to make marmelade.
Here in the province Hessen, wine from apples is the national drink.
I would give you some oranges for your apples, keeping money aside. There are
even two nice German sausages in my store (below 6 months average price).
|
|
| Author: | wahiggin | | Posted: | Mar 22, 2017 16:07 | | Subject: | Re: BrickLink you are losing business | | Viewed: | 66 times | | Topic: | Suggestions | |
|
| In Suggestions, QA_Sheryl writes:
| | In Suggestions, BricksDirect writes:
| | Dear BrickLink admins and members,
We see it every day. BrickLink is losing business because it's still not
possible to pay immediately after checkout. We have to cancel our orders because
new members can't find shipping fees. They expect that the shipping fee will
be automically displayed when they put items in their shopping cart. The also
expect that they can pay immediately for their orders. The way it is going now
is way too complicated for new members.
Why is it so hard to create software to let members pay immediately and tell
them the shipping fee. BrickOwl and BrickScout are doing it. They are taking
BrickLink's business over.
What I hear from other sellers is that it's impossible to create it because
not al items have their weight in the BrickLink catalog. Why not solve this with
a standard weight for items that don't have their weight in the BrickLink
catalog? (0.5KG for a set, 0.2KG for a part etc.)
Please, BrickLink do something at this.
Thank you.
Best regards,
Niels Roest
Owner of BricksDirect
|
Hi Niels,
As has been stated in numerous other forum posts, we are in the process of creating
Instant Checkout. Since BrickLink has been around much longer than the other
sites you mentioned, our sellers have numerous configurations and setting up
the process is much more complex. We do not want to take away anything from how
our sellers are currently using the checkout process. With this in mind, we have
made great progress in instant checkout so far and will continue to do so without
sacrificing quality. We want to make sure this feature is accurate as well as
efficient.
We appreciate your patience and understanding, but want to let you know that
we have definitely heard the cry from our users for this feature and are working
hard to get it done as soon as possible!
Thanks!
|
Instead of a big bang approach, maybe doing an agile effort would be more impactful.
Start by creating a feature that would work for US shippers. Give sellers an
option to remain on the legacy shipping module or turn on the new Instant Checkout
feature until it is fully implemented. Then add other countries as you go along.
Prioritize it based on sales or complexity. Ebay does it, Brickowl does it,
Amazon does it, I can go out and create a website and add it in with a simple
plug in. This should be possible on a much shorter timeframe than what we have
seen so far.
|
|
| Author: | WoutR | | Posted: | Mar 22, 2017 14:53 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 56 times | | Topic: | Suggestions | |
|
| In Suggestions, ona7 writes:
| | In Suggestions, TokerSays writes:
| | In Suggestions, Pher writes:
| |
(snapped)
It is a partly random number that influences the feeling of a buyer whether a
deal is good or not. I usually don't use this feature because I have other
priorities when buying.
Imagine you buy a pack of apples. Every month. They cost always 2$. One day they
offer leftovers or promotion-bags or whatever you can imagine better. The bag
costs now 0.10$. From now on you will always see a 2$ (1.68$ average price, +18.8%)
tag beside the apples.
What does this help you? What does it do to the market?
Please think about it. You might find some answers in yourself.
|
I don’t buy one apple. I buy lots of apples. I buy lots of different kinds
of apples. Lately I’ve been buying pearl gold apples because I’m working on
a pearl gold apple pie. Every day I would come over to the Orchard and buy these
apples and they’re always $2.00. Every day when I go to purchase these apples
I would see their price at $2.00 and next to it I would see average price, which
was also $2.00. One day someone shows up at the Orchard with left over pearl
gold apples from the pearl gold apple pie that they baked and they’re listing
their pearl gold apples for $0.10. That’s a great deal! It’s so great that
someone buys them right away and it drags the average price of pearl gold apples
to $1.05 ($2.00 plus $0.10 divided by 2. I’m not sure where $1.68 came from
but the premise is the same). So today I show up at the Orchard to buy my pearl
gold apples and I see a price of $2.00 and an average price of $1.05. $1.05?!
Well I want the $1.05 apples so I look around and I can’t find them. Someone
purchased them yesterday. They didn’t actually purchase $1.05 pearl gold apples
they purchased $0.10 pearl gold apples but I don’t know that. It’s a $0.95 difference
and I’m committed to my pearl gold apple pie so I purchase the $2.00 pearl gold
apples. The average price just went up to $1.36. Another apple seller shows
up at the Orchard and they have pearl gold apples they want to sell. They go
to list them and they see that the average price is $1.36 and they laugh and
laugh. They say to themselves ‘There is no way I can list my pearl gold apples
for $1.36, what exactly are pearl gold apples going for?’ So they look and they
see that only one seller has pearl gold apples and they’re selling them for $2.00.
The seller says to themselves ‘I can’t list my apples for $1.36, I’ll never
make a profit. But I can list them for $1.75. It’s a little lower then I’d
want and it’s higher than the average price, but it’s lower than listed price
so I know I’ll move them faster and still make a profit.’ I come back to the
Orchard because I am obsessed with my pearl gold apple pie, it’s gonna be the
best pearl gold apple pie ever! I see pearl gold apples for $2.00 and an average
price of $1.36. That’s different than yesterday, the average price changed.
There is movement in the pearl gold apple market. I’m going to move with it.
I look around and lo and behold I find $1.75 pearl gold apples. I buy them.
The average price just went up to $1.46. Another seller shows up with pearl
gold apple pies and this seller has got promos. They go to list their pearl
gold apple pies and see the average price of $1.46 and they laugh and laugh and
they say to themselves ‘There are 2 sellers out here with pearl gold apples and
pearl gold apples are not special, I got promos I can list these for a $1.00
and make a profit.’ The average price drops again to $1.37. The market is saturated
with pearl gold apples and the average price keeps dropping. I show up and I
see pearl gold apples for $2.00, $1.75 and $1.00 with an average price of $1.37.
Everyone has been buying the $1.00 and dude only has one left. Today I need
2 pearl gold apples. So I buy 2 pearl gold apples from the $1.75 seller. Don’t
you know the average price went up again to $1.48. At this point the $2.00 pearl
gold apple seller is like ‘This is ridiculous. Pearl gold apples are not a $1.48,
I have been selling pearl gold apples for $2.00 since Britany shaved her head.
It’s not fair that the market has become saturated with pearl gold apples.
It’s not fair that other sellers are able to sell pearl gold apples for less
than $2.00 and still make a profit. I should make the profit. I was here first
and I know the true value of pearl gold apples.’ So he just leans back and watches.
Everyone is buying and selling pearl gold apples left and right. It’s a booming,
bustling market and it’s moving on without him. He keeps watching and he notices
the market isn’t as saturated with pearl gold apples anymore. Everyone has been
buying them cheap and inventory is running thin. And the $2.00 apple seller
says to himself ‘I know the true value of pearl gold apples. The true value
is $5.00.’ I show up at the Orchard and I see pearl gold apples for $0.10 (dude
is back with more leftovers), $1.00, $1.75, $5.00. This market is crazy, this
market is out the box. I need some type of guide to tell me what’s what because
dude with the $0.10 only has 1 left, dude with $1.00 has 2 and $1.75 dude has
1. The $5.00 pearl gold apple seller has 50 pearl gold apples. So I look at
the average price of $1.48 and that $1.48 tells me that in the last 6 months
the market was saturated with pearl gold apples. Pearl gold apples will probably
never sell for $1.48, it’s an average price not an actual price. I know this,
I’m using the average price to gauge prices. And that average price tells me
that pearl gold apples are nowhere near $5.00. So I walk away. I come back
the next day and the average price is gone. I see 1 or 2 apples selling for
dirt cheap and I see 50 selling for a $5.00. If I was new I was assume that
the average price of pearl gold apples was $5.00 because that’s what the market
is saturated with – expensive pearl gold apples. But I’m not new. I’ve been
to this Orchard before and I remember that the average price is about $1.48.
So I look over at the $5.00 pearl gold apple seller and I’m like “What’s up
with the price? Isn’t the average price about $1.48?” The $5.00 pearl gold
apple seller looks me right in the eye and stone cold says “The average price
is an arbitrary number and is not the true value of pearl gold apples. I know
the true value. The true value is $5.00. If you don’t want to pay $5.00 then
you don’t know the true value and you don’t want these pearl gold apples bad
enough.”
I just look back at him and blink.
|
Enjoyed this post, and the conversation in general. I buy apples, selling only
what I can't eat and only to buy my other ingredients.
The quick average comparison helped buying the most apples and other ingredients
for my money. Now I have to check averages manually, I might pass on one vendor
just because their butter is higher and since I just use that as my test, I shop
elsewhere where the apples and butter are always cheaper (big box); but at the
first vendor the flour and nutmeg are in fact cheaper.
In the end, can't see how this helps the buyer, only those looking to profit
and do not enjoy LEGO as a hobby.
|
I really do not understand what the problem is.
All the information is still available, just on a different screen which actually
has a lot more information so you can actually know which prices you are comparing.
In the old system you could be comparing ripe pearl gold apples at $2.00 with
rotten red apples for $0.10 without knowing it.
|
|
| Author: | theona7 | | Posted: | Mar 22, 2017 14:39 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 56 times | | Topic: | Suggestions | |
|
| In Suggestions, TokerSays writes:
| | In Suggestions, Pher writes:
| |
(snapped)
It is a partly random number that influences the feeling of a buyer whether a
deal is good or not. I usually don't use this feature because I have other
priorities when buying.
Imagine you buy a pack of apples. Every month. They cost always 2$. One day they
offer leftovers or promotion-bags or whatever you can imagine better. The bag
costs now 0.10$. From now on you will always see a 2$ (1.68$ average price, +18.8%)
tag beside the apples.
What does this help you? What does it do to the market?
Please think about it. You might find some answers in yourself.
|
I don’t buy one apple. I buy lots of apples. I buy lots of different kinds
of apples. Lately I’ve been buying pearl gold apples because I’m working on
a pearl gold apple pie. Every day I would come over to the Orchard and buy these
apples and they’re always $2.00. Every day when I go to purchase these apples
I would see their price at $2.00 and next to it I would see average price, which
was also $2.00. One day someone shows up at the Orchard with left over pearl
gold apples from the pearl gold apple pie that they baked and they’re listing
their pearl gold apples for $0.10. That’s a great deal! It’s so great that
someone buys them right away and it drags the average price of pearl gold apples
to $1.05 ($2.00 plus $0.10 divided by 2. I’m not sure where $1.68 came from
but the premise is the same). So today I show up at the Orchard to buy my pearl
gold apples and I see a price of $2.00 and an average price of $1.05. $1.05?!
Well I want the $1.05 apples so I look around and I can’t find them. Someone
purchased them yesterday. They didn’t actually purchase $1.05 pearl gold apples
they purchased $0.10 pearl gold apples but I don’t know that. It’s a $0.95 difference
and I’m committed to my pearl gold apple pie so I purchase the $2.00 pearl gold
apples. The average price just went up to $1.36. Another apple seller shows
up at the Orchard and they have pearl gold apples they want to sell. They go
to list them and they see that the average price is $1.36 and they laugh and
laugh. They say to themselves ‘There is no way I can list my pearl gold apples
for $1.36, what exactly are pearl gold apples going for?’ So they look and they
see that only one seller has pearl gold apples and they’re selling them for $2.00.
The seller says to themselves ‘I can’t list my apples for $1.36, I’ll never
make a profit. But I can list them for $1.75. It’s a little lower then I’d
want and it’s higher than the average price, but it’s lower than listed price
so I know I’ll move them faster and still make a profit.’ I come back to the
Orchard because I am obsessed with my pearl gold apple pie, it’s gonna be the
best pearl gold apple pie ever! I see pearl gold apples for $2.00 and an average
price of $1.36. That’s different than yesterday, the average price changed.
There is movement in the pearl gold apple market. I’m going to move with it.
I look around and lo and behold I find $1.75 pearl gold apples. I buy them.
The average price just went up to $1.46. Another seller shows up with pearl
gold apple pies and this seller has got promos. They go to list their pearl
gold apple pies and see the average price of $1.46 and they laugh and laugh and
they say to themselves ‘There are 2 sellers out here with pearl gold apples and
pearl gold apples are not special, I got promos I can list these for a $1.00
and make a profit.’ The average price drops again to $1.37. The market is saturated
with pearl gold apples and the average price keeps dropping. I show up and I
see pearl gold apples for $2.00, $1.75 and $1.00 with an average price of $1.37.
Everyone has been buying the $1.00 and dude only has one left. Today I need
2 pearl gold apples. So I buy 2 pearl gold apples from the $1.75 seller. Don’t
you know the average price went up again to $1.48. At this point the $2.00 pearl
gold apple seller is like ‘This is ridiculous. Pearl gold apples are not a $1.48,
I have been selling pearl gold apples for $2.00 since Britany shaved her head.
It’s not fair that the market has become saturated with pearl gold apples.
It’s not fair that other sellers are able to sell pearl gold apples for less
than $2.00 and still make a profit. I should make the profit. I was here first
and I know the true value of pearl gold apples.’ So he just leans back and watches.
Everyone is buying and selling pearl gold apples left and right. It’s a booming,
bustling market and it’s moving on without him. He keeps watching and he notices
the market isn’t as saturated with pearl gold apples anymore. Everyone has been
buying them cheap and inventory is running thin. And the $2.00 apple seller
says to himself ‘I know the true value of pearl gold apples. The true value
is $5.00.’ I show up at the Orchard and I see pearl gold apples for $0.10 (dude
is back with more leftovers), $1.00, $1.75, $5.00. This market is crazy, this
market is out the box. I need some type of guide to tell me what’s what because
dude with the $0.10 only has 1 left, dude with $1.00 has 2 and $1.75 dude has
1. The $5.00 pearl gold apple seller has 50 pearl gold apples. So I look at
the average price of $1.48 and that $1.48 tells me that in the last 6 months
the market was saturated with pearl gold apples. Pearl gold apples will probably
never sell for $1.48, it’s an average price not an actual price. I know this,
I’m using the average price to gauge prices. And that average price tells me
that pearl gold apples are nowhere near $5.00. So I walk away. I come back
the next day and the average price is gone. I see 1 or 2 apples selling for
dirt cheap and I see 50 selling for a $5.00. If I was new I was assume that
the average price of pearl gold apples was $5.00 because that’s what the market
is saturated with – expensive pearl gold apples. But I’m not new. I’ve been
to this Orchard before and I remember that the average price is about $1.48.
So I look over at the $5.00 pearl gold apple seller and I’m like “What’s up
with the price? Isn’t the average price about $1.48?” The $5.00 pearl gold
apple seller looks me right in the eye and stone cold says “The average price
is an arbitrary number and is not the true value of pearl gold apples. I know
the true value. The true value is $5.00. If you don’t want to pay $5.00 then
you don’t know the true value and you don’t want these pearl gold apples bad
enough.”
I just look back at him and blink.
|
Enjoyed this post, and the conversation in general. I buy apples, selling only
what I can't eat and only to buy my other ingredients.
The quick average comparison helped buying the most apples and other ingredients
for my money. Now I have to check averages manually, I might pass on one vendor
just because their butter is higher and since I just use that as my test, I shop
elsewhere where the apples and butter are always cheaper (big box); but at the
first vendor the flour and nutmeg are in fact cheaper.
In the end, can't see how this helps the buyer, only those looking to profit
and do not enjoy LEGO as a hobby.
|
|
| Author: | Pher | | Posted: | Mar 22, 2017 14:27 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 64 times | | Topic: | Suggestions | |
|
| I can highly recommend the book (or talks on youtube) "Predictabily Irrational"
from the Harvard professor Dan Ariely
In Suggestions, Rob_and_Shelagh writes:
| | In Suggestions, TokerSays writes:
| | | | I just look back at him and blink.
|
|
I do the same
Here the price is quite seasonal and varies dependent on the weather
I've learn't to live with it but it would be really great if there were
no seasons...hang on, I quite like the seasons really
sometimes I have to settle for green ones
the green ones aren't so shiny though
perhaps I should use one of those price comparison sites... hmm maybe not, nearly
got ripped off on my car insurance using one of those last year, cheapest result
was actually significantly more expensive than what I eventually paid and was
a crap policy (another story but people probably don't want me to write an
essay on it)
what the??? is this place going insane? No, it might look that way but there
are 10's of thousands of people going about their business as usual in the
transacting sections, probably that fake news phenomena thingy on the internet.
never mind worse things in the news to be concerned about today, "I'm out"
as they say, got to post all those packages.
Robert
|
|
|
| Author: | TokerSays | | Posted: | Mar 22, 2017 13:26 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 78 times | | Topic: | Suggestions | |
|
| In Suggestions, Heartbricker writes:
| |
There you go again ignoring the sensible arguments and ranting about... whatever...
you're only damaging your own interest...
|
Bless your heart
|
|
| Author: | yorbrick | | Posted: | Mar 22, 2017 12:46 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 49 times | | Topic: | Suggestions | |
|
| In Suggestions, Rob_and_Shelagh writes:
| | In Suggestions, yorbrick writes:
| | | | Because it's easy.
There are a lot of manual things to do with having a store, people probably just
want one mindless thing to do.
But pricing is probably the most important, right?
|
I often use the six month average to part out, but as a baseline for cheap parts
I cannot be bothered to price manually.
If I have 10 of something that have sold for the 6 month average of 3p each,
then I'm not going to bother looking into pricing. I'll list at that
price. I might be able to do two minutes worth of work and decide I might be
able to get 4p instead, but it is not worth it. Same idea if I have one thing
with an average of 50p - if I could have got 60p with a bit more effort, so what.
Whereas if I have have 100 of something with an average of 50p, then I'll
spend a bit more time on the price of those. And for minifigures I always do
a bit more manual analysis, looking at what is available, what the sales rates
are, thinking about what other stock might be listed soon (is it a current or
old set), etc. I find it probably saves 90% of the time compared to if I manually
priced each part individually.
It is also a good tool for deciding what not to sell when parting out. If I see
something is worth only a small amount on average and there is a possibility
I might use it, I'll just delete it from the part out and keep it. I find
I often build up personal bins full of small parts this way, that I then go on
to use for greebling or other details on models.
|
OK thanks, that makes a lot of sense. With cheap common parts we usually list
them at our existing price and review those prices as a separate process so I
guess similar. What I hear though is people using it as a total solution, maybe
they don't tell the whole story and actually use it as a "guide" too.
Robert
|
I don't think I ever use it completely like that, but for probably 90% of
the items in a set.
It is mindless, but not _totally_ mindless. I'd prefer to spend the time
on the parts I'm more likely to be able to make more money on, and less time
on the fodder where the same time might yield only pennies.
|
|
| Author: | yorbrick | | Posted: | Mar 22, 2017 12:42 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 54 times | | Topic: | Suggestions | |
|
| | | this guy is catching a lot of flack for his attitude here, but he's right.
the value of the item is not based on how much it's worth in my heart of
hearts. the value is based on past sales, and how badly i want that part right
now. if i have to have it now and it's listed high, i'll probably buy
it. if i can wait, i'll wait for the day that a cheaper one comes along.
here's the important part: the average price comparison lets me gauge the
likelyhood that day will ever come.
|
Past performance is great, so long as current and future performance doesn't
change much. In that case, value is pretty much what others have paid.
But it is not a good indicator for non-standard items. Parts that are just released
that very few sellers have will often have a high 6mo price, but chances are
it won't sell at that much longer once more sellers get the part. The price
will drop. Parts that were relatively available but are no longer current and
likely to get snapped up (like when the Arvo brothers use the part in quantity
in a design) will have the opposite behaviour. They'll be cheap to start
with, and all the cheap ones start then disappearing - even though you might
feel you would pay 50c for them now, the 6mo ave is 25c so you don't buy,
and then in a month the lowest price is $1. For some parts, there is more to
the value than the past performance. Past performance only works for parts that
change price very slowly.
|
|
| Author: | SylvainLS | | Posted: | Mar 22, 2017 12:41 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 41 times | | Topic: | Suggestions | |
|
| In Suggestions, Pher writes:
| | Not sure about other countries, but in Germany we have frequently newspaper articles
about how easy it is to earn money with Lego. "Helpfull" advice like buy an UCS
Imperial Star Destroyer for 2000€ and keep it for a few years to sell with profit.
More "helpfull" advices like buy 10 of the recent released Death Stars and sell
them later with profit. And of course how super expensive parts are and how worthwhile
it is to sell Lego parts.. As long as new sellers come and try their luck with
all these advices in mind, the moment of bouncing back of the price spiral looks
far far away.
|
You know a wonderful opportunity isn’t one anymore when papers/TV start talking
about it.
|
|
| Author: | Rob_and_Shelagh | | Posted: | Mar 22, 2017 12:33 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 51 times | | Topic: | Suggestions | |
|
| In Suggestions, yorbrick writes:
| | | | Because it's easy.
There are a lot of manual things to do with having a store, people probably just
want one mindless thing to do.
But pricing is probably the most important, right?
|
I often use the six month average to part out, but as a baseline for cheap parts
I cannot be bothered to price manually.
If I have 10 of something that have sold for the 6 month average of 3p each,
then I'm not going to bother looking into pricing. I'll list at that
price. I might be able to do two minutes worth of work and decide I might be
able to get 4p instead, but it is not worth it. Same idea if I have one thing
with an average of 50p - if I could have got 60p with a bit more effort, so what.
Whereas if I have have 100 of something with an average of 50p, then I'll
spend a bit more time on the price of those. And for minifigures I always do
a bit more manual analysis, looking at what is available, what the sales rates
are, thinking about what other stock might be listed soon (is it a current or
old set), etc. I find it probably saves 90% of the time compared to if I manually
priced each part individually.
It is also a good tool for deciding what not to sell when parting out. If I see
something is worth only a small amount on average and there is a possibility
I might use it, I'll just delete it from the part out and keep it. I find
I often build up personal bins full of small parts this way, that I then go on
to use for greebling or other details on models.
|
OK thanks, that makes a lot of sense. With cheap common parts we usually list
them at our existing price and review those prices as a separate process so I
guess similar. What I hear though is people using it as a total solution, maybe
they don't tell the whole story and actually use it as a "guide" too.
Robert
|
|
| Author: | yorbrick | | Posted: | Mar 22, 2017 12:29 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 43 times | | Topic: | Suggestions | |
|
| | | Because it's easy.
There are a lot of manual things to do with having a store, people probably just
want one mindless thing to do.
But pricing is probably the most important, right?
|
I often use the six month average to part out, but as a baseline for cheap parts
I cannot be bothered to price manually.
If I have 10 of something that have sold for the 6 month average of 3p each,
then I'm not going to bother looking into pricing. I'll list at that
price. I might be able to do two minutes worth of work and decide I might be
able to get 4p instead, but it is not worth it. Same idea if I have one thing
with an average of 50p - if I could have got 60p with a bit more effort, so what.
Whereas if I have have 100 of something with an average of 50p, then I'll
spend a bit more time on the price of those. And for minifigures I always do
a bit more manual analysis, looking at what is available, what the sales rates
are, thinking about what other stock might be listed soon (is it a current or
old set), etc. I find it probably saves 90% of the time compared to if I manually
priced each part individually.
It is also a good tool for deciding what not to sell when parting out. If I see
something is worth only a small amount on average and there is a possibility
I might use it, I'll just delete it from the part out and keep it. I find
I often build up personal bins full of small parts this way, that I then go on
to use for greebling or other details on models.
|
|
| Author: | Rob_and_Shelagh | | Posted: | Mar 22, 2017 12:23 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 50 times | | Topic: | Suggestions | |
|
| In Suggestions, mgiglio writes:
| | this guy is catching a lot of flack for his attitude here, but he's right.
the value of the item is not based on how much it's worth in my heart of
hearts. the value is based on past sales
|
In every other market place it is based on current availability and how badly
you (and everyone else) wants it. Past sales are a guide based on supply and
demand...in the past and those past sales prices for all sorts of reasons do
not always reflect what was actually paid.... that said it is a guide but not
one you can use to definitely price an item with, it never has been, too many
other variables and unknowns in the data.
As you re based in the USA the global average price will be showing at least
20% higher than the average sales price locally in your market from my experience
(excluding shipping an other add-ons)
apart from that, he's nuts (well he might not be, just it looks like it
from that post!)
Robert
|
|
| Author: | mgiglio | | Posted: | Mar 22, 2017 12:13 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 51 times | | Topic: | Suggestions | |
|
| In Suggestions, TokerSays writes:
| | In Suggestions, Pher writes:
| |
(snapped)
It is a partly random number that influences the feeling of a buyer whether a
deal is good or not. I usually don't use this feature because I have other
priorities when buying.
Imagine you buy a pack of apples. Every month. They cost always 2$. One day they
offer leftovers or promotion-bags or whatever you can imagine better. The bag
costs now 0.10$. From now on you will always see a 2$ (1.68$ average price, +18.8%)
tag beside the apples.
What does this help you? What does it do to the market?
Please think about it. You might find some answers in yourself.
|
I don’t buy one apple. I buy lots of apples. I buy lots of different kinds
of apples. Lately I’ve been buying pearl gold apples because I’m working on
a pearl gold apple pie. Every day I would come over to the Orchard and buy these
apples and they’re always $2.00. Every day when I go to purchase these apples
I would see their price at $2.00 and next to it I would see average price, which
was also $2.00. One day someone shows up at the Orchard with left over pearl
gold apples from the pearl gold apple pie that they baked and they’re listing
their pearl gold apples for $0.10. That’s a great deal! It’s so great that
someone buys them right away and it drags the average price of pearl gold apples
to $1.05 ($2.00 plus $0.10 divided by 2. I’m not sure where $1.68 came from
but the premise is the same). So today I show up at the Orchard to buy my pearl
gold apples and I see a price of $2.00 and an average price of $1.05. $1.05?!
Well I want the $1.05 apples so I look around and I can’t find them. Someone
purchased them yesterday. They didn’t actually purchase $1.05 pearl gold apples
they purchased $0.10 pearl gold apples but I don’t know that. It’s a $0.95 difference
and I’m committed to my pearl gold apple pie so I purchase the $2.00 pearl gold
apples. The average price just went up to $1.36. Another apple seller shows
up at the Orchard and they have pearl gold apples they want to sell. They go
to list them and they see that the average price is $1.36 and they laugh and
laugh. They say to themselves ‘There is no way I can list my pearl gold apples
for $1.36, what exactly are pearl gold apples going for?’ So they look and they
see that only one seller has pearl gold apples and they’re selling them for $2.00.
The seller says to themselves ‘I can’t list my apples for $1.36, I’ll never
make a profit. But I can list them for $1.75. It’s a little lower then I’d
want and it’s higher than the average price, but it’s lower than listed price
so I know I’ll move them faster and still make a profit.’ I come back to the
Orchard because I am obsessed with my pearl gold apple pie, it’s gonna be the
best pearl gold apple pie ever! I see pearl gold apples for $2.00 and an average
price of $1.36. That’s different than yesterday, the average price changed.
There is movement in the pearl gold apple market. I’m going to move with it.
I look around and lo and behold I find $1.75 pearl gold apples. I buy them.
The average price just went up to $1.46. Another seller shows up with pearl
gold apple pies and this seller has got promos. They go to list their pearl
gold apple pies and see the average price of $1.46 and they laugh and laugh and
they say to themselves ‘There are 2 sellers out here with pearl gold apples and
pearl gold apples are not special, I got promos I can list these for a $1.00
and make a profit.’ The average price drops again to $1.37. The market is saturated
with pearl gold apples and the average price keeps dropping. I show up and I
see pearl gold apples for $2.00, $1.75 and $1.00 with an average price of $1.37.
Everyone has been buying the $1.00 and dude only has one left. Today I need
2 pearl gold apples. So I buy 2 pearl gold apples from the $1.75 seller. Don’t
you know the average price went up again to $1.48. At this point the $2.00 pearl
gold apple seller is like ‘This is ridiculous. Pearl gold apples are not a $1.48,
I have been selling pearl gold apples for $2.00 since Britany shaved her head.
It’s not fair that the market has become saturated with pearl gold apples.
It’s not fair that other sellers are able to sell pearl gold apples for less
than $2.00 and still make a profit. I should make the profit. I was here first
and I know the true value of pearl gold apples.’ So he just leans back and watches.
Everyone is buying and selling pearl gold apples left and right. It’s a booming,
bustling market and it’s moving on without him. He keeps watching and he notices
the market isn’t as saturated with pearl gold apples anymore. Everyone has been
buying them cheap and inventory is running thin. And the $2.00 apple seller
says to himself ‘I know the true value of pearl gold apples. The true value
is $5.00.’ I show up at the Orchard and I see pearl gold apples for $0.10 (dude
is back with more leftovers), $1.00, $1.75, $5.00. This market is crazy, this
market is out the box. I need some type of guide to tell me what’s what because
dude with the $0.10 only has 1 left, dude with $1.00 has 2 and $1.75 dude has
1. The $5.00 pearl gold apple seller has 50 pearl gold apples. So I look at
the average price of $1.48 and that $1.48 tells me that in the last 6 months
the market was saturated with pearl gold apples. Pearl gold apples will probably
never sell for $1.48, it’s an average price not an actual price. I know this,
I’m using the average price to gauge prices. And that average price tells me
that pearl gold apples are nowhere near $5.00. So I walk away. I come back
the next day and the average price is gone. I see 1 or 2 apples selling for
dirt cheap and I see 50 selling for a $5.00. If I was new I was assume that
the average price of pearl gold apples was $5.00 because that’s what the market
is saturated with – expensive pearl gold apples. But I’m not new. I’ve been
to this Orchard before and I remember that the average price is about $1.48.
So I look over at the $5.00 pearl gold apple seller and I’m like “What’s up
with the price? Isn’t the average price about $1.48?” The $5.00 pearl gold
apple seller looks me right in the eye and stone cold says “The average price
is an arbitrary number and is not the true value of pearl gold apples. I know
the true value. The true value is $5.00. If you don’t want to pay $5.00 then
you don’t know the true value and you don’t want these pearl gold apples bad
enough.”
I just look back at him and blink.
|
this guy is catching a lot of flack for his attitude here, but he's right.
the value of the item is not based on how much it's worth in my heart of
hearts. the value is based on past sales, and how badly i want that part right
now. if i have to have it now and it's listed high, i'll probably buy
it. if i can wait, i'll wait for the day that a cheaper one comes along.
here's the important part: the average price comparison lets me gauge the
likelyhood that day will ever come.
|
|
| Author: | Rob_and_Shelagh | | Posted: | Mar 22, 2017 12:09 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 49 times | | Topic: | Suggestions | |
|
| In Suggestions, TokerSays writes:
| | | | I just look back at him and blink.
|
|
I do the same
Here the price is quite seasonal and varies dependent on the weather
I've learn't to live with it but it would be really great if there were
no seasons...hang on, I quite like the seasons really
sometimes I have to settle for green ones
the green ones aren't so shiny though
perhaps I should use one of those price comparison sites... hmm maybe not, nearly
got ripped off on my car insurance using one of those last year, cheapest result
was actually significantly more expensive than what I eventually paid and was
a crap policy (another story but people probably don't want me to write an
essay on it)
what the??? is this place going insane? No, it might look that way but there
are 10's of thousands of people going about their business as usual in the
transacting sections, probably that fake news phenomena thingy on the internet.
never mind worse things in the news to be concerned about today, "I'm out"
as they say, got to post all those packages.
Robert
|
|
| Author: | mgiglio | | Posted: | Mar 22, 2017 12:07 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 39 times | | Topic: | Suggestions | |
|
| In Suggestions, Brettj666 writes:
| | You may have spent more time crafting that analogy that you would simply getting
around the function by looking things up.
I want to make a pearl gold apple pie, I see them listed for $2
I evaluate if I want the $2 or the apple.
If I want the $2, I decide I don't need the pie after all.
If I would rather have the pie, I buy the apples for $2
If I come back and see that someone bought some apples for $.10, but it was an
abberation, the apples are still worth $2 to me. If they ever show up cheaper,
that's great, but if they don't, I'm still happy to buy them because
they are worth that to me.
I go to a farmers market and one stand has a bunch of stuff I want, but I noticed
that he sells his apples for $4.
I take a look at a few more examples and determine that he prices everything
at 2x what it normally costs. I don't care to check everything, so I no
longer look at his store.
You see, he 'may' have some fair deals on asparagus, but since it failed
my initial test, my time is too valuable to nit pick sales.
In Suggestions, TokerSays writes:
| | In Suggestions, Pher writes:
| |
(snapped)
It is a partly random number that influences the feeling of a buyer whether a
deal is good or not. I usually don't use this feature because I have other
priorities when buying.
Imagine you buy a pack of apples. Every month. They cost always 2$. One day they
offer leftovers or promotion-bags or whatever you can imagine better. The bag
costs now 0.10$. From now on you will always see a 2$ (1.68$ average price, +18.8%)
tag beside the apples.
What does this help you? What does it do to the market?
Please think about it. You might find some answers in yourself.
|
I don’t buy one apple. I buy lots of apples. I buy lots of different kinds
of apples. Lately I’ve been buying pearl gold apples because I’m working on
a pearl gold apple pie. Every day I would come over to the Orchard and buy these
apples and they’re always $2.00. Every day when I go to purchase these apples
I would see their price at $2.00 and next to it I would see average price, which
was also $2.00. One day someone shows up at the Orchard with left over pearl
gold apples from the pearl gold apple pie that they baked and they’re listing
their pearl gold apples for $0.10. That’s a great deal! It’s so great that
someone buys them right away and it drags the average price of pearl gold apples
to $1.05 ($2.00 plus $0.10 divided by 2. I’m not sure where $1.68 came from
but the premise is the same). So today I show up at the Orchard to buy my pearl
gold apples and I see a price of $2.00 and an average price of $1.05. $1.05?!
Well I want the $1.05 apples so I look around and I can’t find them. Someone
purchased them yesterday. They didn’t actually purchase $1.05 pearl gold apples
they purchased $0.10 pearl gold apples but I don’t know that. It’s a $0.95 difference
and I’m committed to my pearl gold apple pie so I purchase the $2.00 pearl gold
apples. The average price just went up to $1.36. Another apple seller shows
up at the Orchard and they have pearl gold apples they want to sell. They go
to list them and they see that the average price is $1.36 and they laugh and
laugh. They say to themselves ‘There is no way I can list my pearl gold apples
for $1.36, what exactly are pearl gold apples going for?’ So they look and they
see that only one seller has pearl gold apples and they’re selling them for $2.00.
The seller says to themselves ‘I can’t list my apples for $1.36, I’ll never
make a profit. But I can list them for $1.75. It’s a little lower then I’d
want and it’s higher than the average price, but it’s lower than listed price
so I know I’ll move them faster and still make a profit.’ I come back to the
Orchard because I am obsessed with my pearl gold apple pie, it’s gonna be the
best pearl gold apple pie ever! I see pearl gold apples for $2.00 and an average
price of $1.36. That’s different than yesterday, the average price changed.
There is movement in the pearl gold apple market. I’m going to move with it.
I look around and lo and behold I find $1.75 pearl gold apples. I buy them.
The average price just went up to $1.46. Another seller shows up with pearl
gold apple pies and this seller has got promos. They go to list their pearl
gold apple pies and see the average price of $1.46 and they laugh and laugh and
they say to themselves ‘There are 2 sellers out here with pearl gold apples and
pearl gold apples are not special, I got promos I can list these for a $1.00
and make a profit.’ The average price drops again to $1.37. The market is saturated
with pearl gold apples and the average price keeps dropping. I show up and I
see pearl gold apples for $2.00, $1.75 and $1.00 with an average price of $1.37.
Everyone has been buying the $1.00 and dude only has one left. Today I need
2 pearl gold apples. So I buy 2 pearl gold apples from the $1.75 seller. Don’t
you know the average price went up again to $1.48. At this point the $2.00 pearl
gold apple seller is like ‘This is ridiculous. Pearl gold apples are not a $1.48,
I have been selling pearl gold apples for $2.00 since Britany shaved her head.
It’s not fair that the market has become saturated with pearl gold apples.
It’s not fair that other sellers are able to sell pearl gold apples for less
than $2.00 and still make a profit. I should make the profit. I was here first
and I know the true value of pearl gold apples.’ So he just leans back and watches.
Everyone is buying and selling pearl gold apples left and right. It’s a booming,
bustling market and it’s moving on without him. He keeps watching and he notices
the market isn’t as saturated with pearl gold apples anymore. Everyone has been
buying them cheap and inventory is running thin. And the $2.00 apple seller
says to himself ‘I know the true value of pearl gold apples. The true value
is $5.00.’ I show up at the Orchard and I see pearl gold apples for $0.10 (dude
is back with more leftovers), $1.00, $1.75, $5.00. This market is crazy, this
market is out the box. I need some type of guide to tell me what’s what because
dude with the $0.10 only has 1 left, dude with $1.00 has 2 and $1.75 dude has
1. The $5.00 pearl gold apple seller has 50 pearl gold apples. So I look at
the average price of $1.48 and that $1.48 tells me that in the last 6 months
the market was saturated with pearl gold apples. Pearl gold apples will probably
never sell for $1.48, it’s an average price not an actual price. I know this,
I’m using the average price to gauge prices. And that average price tells me
that pearl gold apples are nowhere near $5.00. So I walk away. I come back
the next day and the average price is gone. I see 1 or 2 apples selling for
dirt cheap and I see 50 selling for a $5.00. If I was new I was assume that
the average price of pearl gold apples was $5.00 because that’s what the market
is saturated with – expensive pearl gold apples. But I’m not new. I’ve been
to this Orchard before and I remember that the average price is about $1.48.
So I look over at the $5.00 pearl gold apple seller and I’m like “What’s up
with the price? Isn’t the average price about $1.48?” The $5.00 pearl gold
apple seller looks me right in the eye and stone cold says “The average price
is an arbitrary number and is not the true value of pearl gold apples. I know
the true value. The true value is $5.00. If you don’t want to pay $5.00 then
you don’t know the true value and you don’t want these pearl gold apples bad
enough.”
I just look back at him and blink.
|
|
Part of the way I decide if I want the apple or the $2 is by knowing whether
$2 is a fair price for that apple. The way I know the fair price is knowing how
much other people have paid for it in the past. If the apple generally costs
$2, then i'll buy it, because i want it and I can spare the two bucks. If
i know others have gotten them for $1 many times in the past, well then I'll
probably wait until a $1 apple is available again. I don't need it that bad.
|
|
| Author: | Brettj666 | | Posted: | Mar 22, 2017 11:57 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 43 times | | Topic: | Suggestions | |
|
| I think those types of articles are now global, the method and work involved
isn't included so the conclusions can be cherry picked over.
Sites like brickpicker reinforce that. People asking "advice" on what set they
should blindly sink their money into to sit on.
People posting on facebook trying to gauge "is this a good deal" where you can
tell they put 0 effort into answering it themselves and of course, the people
that don't even like Lego.
I think I would have only thought of brickpicker after I decided that I didn't
want to make money off of lego anymore, after that, you don't care what happens
to the process.
In Suggestions, Pher writes:
| | Not sure about other countries, but in Germany we have frequently newspaper articles
about how easy it is to earn money with Lego. "Helpfull" advice like buy an UCS
Imperial Star Destroyer for 2000€ and keep it for a few years to sell with profit.
More "helpfull" advices like buy 10 of the recent released Death Stars and sell
them later with profit. And of course how super expensive parts are and how worthwhile
it is to sell Lego parts.. As long as new sellers come and try their luck with
all these advices in mind, the moment of bouncing back of the price spiral looks
far far away.
In Suggestions, Brettj666 writes:
| | Because it's easy.
There are a lot of manual things to do with having a store, people probably just
want one mindless thing to do.
But pricing is probably the most important, right?
Someone else in this thread said something akin to "if one seller is willing
to sell a part for this low, maybe all sellers should be able to", to that I
would say "If one buyer is willing to buy a part for 3x the average price, maybe
all buyers would be able to"
While a price spiral down may look attractive to buyers, in the end when sellers
see the effort vs reward, they slow down on selling and then those buyers now
have less options.
In Suggestions, Rob_and_Shelagh writes:
| | In Suggestions, mgiglio writes:
| | In Suggestions, yorbrick writes:
| | | | You are mistaken. Sellers do not have the ability to part out a set and automatically
list the pieces at the 6 month average, using any BrickLink tools. It's possible
to do so with 3rd-party tools (off BrickLink), but those tools are available
to buyers as well. The access to pricing information is identical for buyers
and sellers.
|
What am I missing here? Is it interpretation of words?
Sellers can use the part out a set tool and set their part prices at the (worldwide)
six month average price, using Bricklink.
|
this is correct. i did it last night. it's a very useful feature for a seller.
don't know why someone is saying this can't be done right in bricklink.
|
I concur it can indeed be done but in over 10 years of selling here I've
never understood why people want to set their prices at 6th months average worldwide
prices. Many do so but no one has ever explained why they do... is it just because
they can? I know this feature originates from the early Dan years and maybe back
then the dynamics were different - mainly USA only data, less stores, less items,
etc. Not singling you out but I'm just interested in hearing why sellers
do this and value this feature.
Robert
|
|
|
|
|
| Author: | Brettj666 | | Posted: | Mar 22, 2017 11:47 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 49 times | | Topic: | Suggestions | |
|
| You may have spent more time crafting that analogy that you would simply getting
around the function by looking things up.
I want to make a pearl gold apple pie, I see them listed for $2
I evaluate if I want the $2 or the apple.
If I want the $2, I decide I don't need the pie after all.
If I would rather have the pie, I buy the apples for $2
If I come back and see that someone bought some apples for $.10, but it was an
abberation, the apples are still worth $2 to me. If they ever show up cheaper,
that's great, but if they don't, I'm still happy to buy them because
they are worth that to me.
I go to a farmers market and one stand has a bunch of stuff I want, but I noticed
that he sells his apples for $4.
I take a look at a few more examples and determine that he prices everything
at 2x what it normally costs. I don't care to check everything, so I no
longer look at his store.
You see, he 'may' have some fair deals on asparagus, but since it failed
my initial test, my time is too valuable to nit pick sales.
In Suggestions, TokerSays writes:
| | In Suggestions, Pher writes:
| |
(snapped)
It is a partly random number that influences the feeling of a buyer whether a
deal is good or not. I usually don't use this feature because I have other
priorities when buying.
Imagine you buy a pack of apples. Every month. They cost always 2$. One day they
offer leftovers or promotion-bags or whatever you can imagine better. The bag
costs now 0.10$. From now on you will always see a 2$ (1.68$ average price, +18.8%)
tag beside the apples.
What does this help you? What does it do to the market?
Please think about it. You might find some answers in yourself.
|
I don’t buy one apple. I buy lots of apples. I buy lots of different kinds
of apples. Lately I’ve been buying pearl gold apples because I’m working on
a pearl gold apple pie. Every day I would come over to the Orchard and buy these
apples and they’re always $2.00. Every day when I go to purchase these apples
I would see their price at $2.00 and next to it I would see average price, which
was also $2.00. One day someone shows up at the Orchard with left over pearl
gold apples from the pearl gold apple pie that they baked and they’re listing
their pearl gold apples for $0.10. That’s a great deal! It’s so great that
someone buys them right away and it drags the average price of pearl gold apples
to $1.05 ($2.00 plus $0.10 divided by 2. I’m not sure where $1.68 came from
but the premise is the same). So today I show up at the Orchard to buy my pearl
gold apples and I see a price of $2.00 and an average price of $1.05. $1.05?!
Well I want the $1.05 apples so I look around and I can’t find them. Someone
purchased them yesterday. They didn’t actually purchase $1.05 pearl gold apples
they purchased $0.10 pearl gold apples but I don’t know that. It’s a $0.95 difference
and I’m committed to my pearl gold apple pie so I purchase the $2.00 pearl gold
apples. The average price just went up to $1.36. Another apple seller shows
up at the Orchard and they have pearl gold apples they want to sell. They go
to list them and they see that the average price is $1.36 and they laugh and
laugh. They say to themselves ‘There is no way I can list my pearl gold apples
for $1.36, what exactly are pearl gold apples going for?’ So they look and they
see that only one seller has pearl gold apples and they’re selling them for $2.00.
The seller says to themselves ‘I can’t list my apples for $1.36, I’ll never
make a profit. But I can list them for $1.75. It’s a little lower then I’d
want and it’s higher than the average price, but it’s lower than listed price
so I know I’ll move them faster and still make a profit.’ I come back to the
Orchard because I am obsessed with my pearl gold apple pie, it’s gonna be the
best pearl gold apple pie ever! I see pearl gold apples for $2.00 and an average
price of $1.36. That’s different than yesterday, the average price changed.
There is movement in the pearl gold apple market. I’m going to move with it.
I look around and lo and behold I find $1.75 pearl gold apples. I buy them.
The average price just went up to $1.46. Another seller shows up with pearl
gold apple pies and this seller has got promos. They go to list their pearl
gold apple pies and see the average price of $1.46 and they laugh and laugh and
they say to themselves ‘There are 2 sellers out here with pearl gold apples and
pearl gold apples are not special, I got promos I can list these for a $1.00
and make a profit.’ The average price drops again to $1.37. The market is saturated
with pearl gold apples and the average price keeps dropping. I show up and I
see pearl gold apples for $2.00, $1.75 and $1.00 with an average price of $1.37.
Everyone has been buying the $1.00 and dude only has one left. Today I need
2 pearl gold apples. So I buy 2 pearl gold apples from the $1.75 seller. Don’t
you know the average price went up again to $1.48. At this point the $2.00 pearl
gold apple seller is like ‘This is ridiculous. Pearl gold apples are not a $1.48,
I have been selling pearl gold apples for $2.00 since Britany shaved her head.
It’s not fair that the market has become saturated with pearl gold apples.
It’s not fair that other sellers are able to sell pearl gold apples for less
than $2.00 and still make a profit. I should make the profit. I was here first
and I know the true value of pearl gold apples.’ So he just leans back and watches.
Everyone is buying and selling pearl gold apples left and right. It’s a booming,
bustling market and it’s moving on without him. He keeps watching and he notices
the market isn’t as saturated with pearl gold apples anymore. Everyone has been
buying them cheap and inventory is running thin. And the $2.00 apple seller
says to himself ‘I know the true value of pearl gold apples. The true value
is $5.00.’ I show up at the Orchard and I see pearl gold apples for $0.10 (dude
is back with more leftovers), $1.00, $1.75, $5.00. This market is crazy, this
market is out the box. I need some type of guide to tell me what’s what because
dude with the $0.10 only has 1 left, dude with $1.00 has 2 and $1.75 dude has
1. The $5.00 pearl gold apple seller has 50 pearl gold apples. So I look at
the average price of $1.48 and that $1.48 tells me that in the last 6 months
the market was saturated with pearl gold apples. Pearl gold apples will probably
never sell for $1.48, it’s an average price not an actual price. I know this,
I’m using the average price to gauge prices. And that average price tells me
that pearl gold apples are nowhere near $5.00. So I walk away. I come back
the next day and the average price is gone. I see 1 or 2 apples selling for
dirt cheap and I see 50 selling for a $5.00. If I was new I was assume that
the average price of pearl gold apples was $5.00 because that’s what the market
is saturated with – expensive pearl gold apples. But I’m not new. I’ve been
to this Orchard before and I remember that the average price is about $1.48.
So I look over at the $5.00 pearl gold apple seller and I’m like “What’s up
with the price? Isn’t the average price about $1.48?” The $5.00 pearl gold
apple seller looks me right in the eye and stone cold says “The average price
is an arbitrary number and is not the true value of pearl gold apples. I know
the true value. The true value is $5.00. If you don’t want to pay $5.00 then
you don’t know the true value and you don’t want these pearl gold apples bad
enough.”
I just look back at him and blink.
|
|
|
| Author: | Heartbricker | | Posted: | Mar 22, 2017 11:28 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 67 times | | Topic: | Suggestions | |
|
| In Suggestions, TokerSays writes:
| | In Suggestions, Pher writes:
| |
(snapped)
It is a partly random number that influences the feeling of a buyer whether a
deal is good or not. I usually don't use this feature because I have other
priorities when buying.
Imagine you buy a pack of apples. Every month. They cost always 2$. One day they
offer leftovers or promotion-bags or whatever you can imagine better. The bag
costs now 0.10$. From now on you will always see a 2$ (1.68$ average price, +18.8%)
tag beside the apples.
What does this help you? What does it do to the market?
Please think about it. You might find some answers in yourself.
|
Blah, blah, blah...
I just look back at him and blink.
|
There you go again ignoring the sensible arguments and ranting about... whatever...
you're only damaging your own interest...
|
|
| Author: | TokerSays | | Posted: | Mar 22, 2017 11:19 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 68 times | | Topic: | Suggestions | |
|
| In Suggestions, Pher writes:
| |
(snapped)
It is a partly random number that influences the feeling of a buyer whether a
deal is good or not. I usually don't use this feature because I have other
priorities when buying.
Imagine you buy a pack of apples. Every month. They cost always 2$. One day they
offer leftovers or promotion-bags or whatever you can imagine better. The bag
costs now 0.10$. From now on you will always see a 2$ (1.68$ average price, +18.8%)
tag beside the apples.
What does this help you? What does it do to the market?
Please think about it. You might find some answers in yourself.
|
I don’t buy one apple. I buy lots of apples. I buy lots of different kinds
of apples. Lately I’ve been buying pearl gold apples because I’m working on
a pearl gold apple pie. Every day I would come over to the Orchard and buy these
apples and they’re always $2.00. Every day when I go to purchase these apples
I would see their price at $2.00 and next to it I would see average price, which
was also $2.00. One day someone shows up at the Orchard with left over pearl
gold apples from the pearl gold apple pie that they baked and they’re listing
their pearl gold apples for $0.10. That’s a great deal! It’s so great that
someone buys them right away and it drags the average price of pearl gold apples
to $1.05 ($2.00 plus $0.10 divided by 2. I’m not sure where $1.68 came from
but the premise is the same). So today I show up at the Orchard to buy my pearl
gold apples and I see a price of $2.00 and an average price of $1.05. $1.05?!
Well I want the $1.05 apples so I look around and I can’t find them. Someone
purchased them yesterday. They didn’t actually purchase $1.05 pearl gold apples
they purchased $0.10 pearl gold apples but I don’t know that. It’s a $0.95 difference
and I’m committed to my pearl gold apple pie so I purchase the $2.00 pearl gold
apples. The average price just went up to $1.36. Another apple seller shows
up at the Orchard and they have pearl gold apples they want to sell. They go
to list them and they see that the average price is $1.36 and they laugh and
laugh. They say to themselves ‘There is no way I can list my pearl gold apples
for $1.36, what exactly are pearl gold apples going for?’ So they look and they
see that only one seller has pearl gold apples and they’re selling them for $2.00.
The seller says to themselves ‘I can’t list my apples for $1.36, I’ll never
make a profit. But I can list them for $1.75. It’s a little lower then I’d
want and it’s higher than the average price, but it’s lower than listed price
so I know I’ll move them faster and still make a profit.’ I come back to the
Orchard because I am obsessed with my pearl gold apple pie, it’s gonna be the
best pearl gold apple pie ever! I see pearl gold apples for $2.00 and an average
price of $1.36. That’s different than yesterday, the average price changed.
There is movement in the pearl gold apple market. I’m going to move with it.
I look around and lo and behold I find $1.75 pearl gold apples. I buy them.
The average price just went up to $1.46. Another seller shows up with pearl
gold apple pies and this seller has got promos. They go to list their pearl
gold apple pies and see the average price of $1.46 and they laugh and laugh and
they say to themselves ‘There are 2 sellers out here with pearl gold apples and
pearl gold apples are not special, I got promos I can list these for a $1.00
and make a profit.’ The average price drops again to $1.37. The market is saturated
with pearl gold apples and the average price keeps dropping. I show up and I
see pearl gold apples for $2.00, $1.75 and $1.00 with an average price of $1.37.
Everyone has been buying the $1.00 and dude only has one left. Today I need
2 pearl gold apples. So I buy 2 pearl gold apples from the $1.75 seller. Don’t
you know the average price went up again to $1.48. At this point the $2.00 pearl
gold apple seller is like ‘This is ridiculous. Pearl gold apples are not a $1.48,
I have been selling pearl gold apples for $2.00 since Britany shaved her head.
It’s not fair that the market has become saturated with pearl gold apples.
It’s not fair that other sellers are able to sell pearl gold apples for less
than $2.00 and still make a profit. I should make the profit. I was here first
and I know the true value of pearl gold apples.’ So he just leans back and watches.
Everyone is buying and selling pearl gold apples left and right. It’s a booming,
bustling market and it’s moving on without him. He keeps watching and he notices
the market isn’t as saturated with pearl gold apples anymore. Everyone has been
buying them cheap and inventory is running thin. And the $2.00 apple seller
says to himself ‘I know the true value of pearl gold apples. The true value
is $5.00.’ I show up at the Orchard and I see pearl gold apples for $0.10 (dude
is back with more leftovers), $1.00, $1.75, $5.00. This market is crazy, this
market is out the box. I need some type of guide to tell me what’s what because
dude with the $0.10 only has 1 left, dude with $1.00 has 2 and $1.75 dude has
1. The $5.00 pearl gold apple seller has 50 pearl gold apples. So I look at
the average price of $1.48 and that $1.48 tells me that in the last 6 months
the market was saturated with pearl gold apples. Pearl gold apples will probably
never sell for $1.48, it’s an average price not an actual price. I know this,
I’m using the average price to gauge prices. And that average price tells me
that pearl gold apples are nowhere near $5.00. So I walk away. I come back
the next day and the average price is gone. I see 1 or 2 apples selling for
dirt cheap and I see 50 selling for a $5.00. If I was new I was assume that
the average price of pearl gold apples was $5.00 because that’s what the market
is saturated with – expensive pearl gold apples. But I’m not new. I’ve been
to this Orchard before and I remember that the average price is about $1.48.
So I look over at the $5.00 pearl gold apple seller and I’m like “What’s up
with the price? Isn’t the average price about $1.48?” The $5.00 pearl gold
apple seller looks me right in the eye and stone cold says “The average price
is an arbitrary number and is not the true value of pearl gold apples. I know
the true value. The true value is $5.00. If you don’t want to pay $5.00 then
you don’t know the true value and you don’t want these pearl gold apples bad
enough.”
I just look back at him and blink.
|
|
| Author: | dearlydeparted | | Posted: | Mar 22, 2017 10:55 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 57 times | | Topic: | Suggestions | |
|
| In Suggestions, Brettj666 writes:
| | Because it's easy.
There are a lot of manual things to do with having a store, people probably just
want one mindless thing to do.
But pricing is probably the most important, right?
Someone else in this thread said something akin to "if one seller is willing
to sell a part for this low, maybe all sellers should be able to", to that I
would say "If one buyer is willing to buy a part for 3x the average price, maybe
all buyers would be able to"
While a price spiral down may look attractive to buyers, in the end when sellers
see the effort vs reward, they slow down on selling and then those buyers now
have less options.
|
+1
|
|
| Author: | randyf | | Posted: | Mar 22, 2017 10:53 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 41 times | | Topic: | Suggestions | |
|
| In Suggestions, SylvainLS writes:
| | In Suggestions, FigBits writes:
| | […]
| | regarding sellers and buyers having equal access, that's just not true. a
seller can part out a set and list the pieces automatically at the 6 month avg,
but a buyer cannot then shop for those same parts in that same sellers store
without seeing all at once whether they are above or below average price. that's
not equal access. that makes the buyer work much harder than the seller to determine
whether each individual part is listed at fair value or not.
|
You are mistaken. Sellers do not have the ability to part out a set and automatically
list the pieces at the 6 month average, using any BrickLink tools. It's possible
to do so with 3rd-party tools (off BrickLink), but those tools are available
to buyers as well. The access to pricing information is identical for buyers
and sellers.
|
Actually, it’s the reverse: buyers have more tools than sellers in BrickLink.
Buyers can easily set Max Price in their Wanted Lists to the Price Guide values:
open your WL, select some (or all) items, click on the “Price” button just above
the list, you’re then presented with a dialog to set the prices:
1. as amount,
2. as price guide (last 6mo/currently for sale, average/qty average/min/max),
3. inc/decrease (by % or value)
You don’t need Brickstok… unless you want “sold” values and not “for sale.”
|
Wow! Thank you for this wonderful piece of information! I did not know anything
about this, but it will help me immensely when browsing stores now!
Cheers,
Randy
|
|
| Author: | Pher | | Posted: | Mar 22, 2017 10:49 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 48 times | | Topic: | Suggestions | |
|
| Not sure about other countries, but in Germany we have frequently newspaper articles
about how easy it is to earn money with Lego. "Helpfull" advice like buy an UCS
Imperial Star Destroyer for 2000€ and keep it for a few years to sell with profit.
More "helpfull" advices like buy 10 of the recent released Death Stars and sell
them later with profit. And of course how super expensive parts are and how worthwhile
it is to sell Lego parts.. As long as new sellers come and try their luck with
all these advices in mind, the moment of bouncing back of the price spiral looks
far far away.
In Suggestions, Brettj666 writes:
| | Because it's easy.
There are a lot of manual things to do with having a store, people probably just
want one mindless thing to do.
But pricing is probably the most important, right?
Someone else in this thread said something akin to "if one seller is willing
to sell a part for this low, maybe all sellers should be able to", to that I
would say "If one buyer is willing to buy a part for 3x the average price, maybe
all buyers would be able to"
While a price spiral down may look attractive to buyers, in the end when sellers
see the effort vs reward, they slow down on selling and then those buyers now
have less options.
In Suggestions, Rob_and_Shelagh writes:
| | In Suggestions, mgiglio writes:
| | In Suggestions, yorbrick writes:
| | | | You are mistaken. Sellers do not have the ability to part out a set and automatically
list the pieces at the 6 month average, using any BrickLink tools. It's possible
to do so with 3rd-party tools (off BrickLink), but those tools are available
to buyers as well. The access to pricing information is identical for buyers
and sellers.
|
What am I missing here? Is it interpretation of words?
Sellers can use the part out a set tool and set their part prices at the (worldwide)
six month average price, using Bricklink.
|
this is correct. i did it last night. it's a very useful feature for a seller.
don't know why someone is saying this can't be done right in bricklink.
|
I concur it can indeed be done but in over 10 years of selling here I've
never understood why people want to set their prices at 6th months average worldwide
prices. Many do so but no one has ever explained why they do... is it just because
they can? I know this feature originates from the early Dan years and maybe back
then the dynamics were different - mainly USA only data, less stores, less items,
etc. Not singling you out but I'm just interested in hearing why sellers
do this and value this feature.
Robert
|
|
|
|
| Author: | Rob_and_Shelagh | | Posted: | Mar 22, 2017 10:42 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 54 times | | Topic: | Suggestions | |
|
| In Suggestions, Brettj666 writes:
OK..but really?
| | There are a lot of manual things to do with having a store, people probably just
want one mindless thing to do.
But pricing is probably the most important, right?
|
Probably yes.
| | Someone else in this thread said something akin to "if one seller is willing
to sell a part for this low, maybe all sellers should be able to", to that I
would say "If one buyer is willing to buy a part for 3x the average price, maybe
all buyers would be able to"
While a price spiral down may look attractive to buyers, in the end when sellers
see the effort vs reward, they slow down on selling and then those buyers now
have less options.
|
Yes, I don't have any problem with the effect of that because I believe demand
and supply mechanics always corrects things like that in the long term and we've
been here for a relatively long time! My initial interest in this thread was
simply that buyers were being misled more than a worry about the long-term impact
on prices. The whole thing has had no impact on our prices. What worries me more
now is that this green/red thing was implemented and now, after 15 years of BL
not having it before it has been removed and buyers think they are being conned
in some way when in fact it seems to me removing it did the opposite and.....
is it just me or have sales gone off a bit since it was removed? If I was just
worried about short term sales I would have been asking for it to be reinstated.
I still love this site but it sure can behave "oddly" sometimes!
Robert
|
|
| Author: | Brettj666 | | Posted: | Mar 22, 2017 10:25 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 52 times | | Topic: | Suggestions | |
|
| Because it's easy.
There are a lot of manual things to do with having a store, people probably just
want one mindless thing to do.
But pricing is probably the most important, right?
Someone else in this thread said something akin to "if one seller is willing
to sell a part for this low, maybe all sellers should be able to", to that I
would say "If one buyer is willing to buy a part for 3x the average price, maybe
all buyers would be able to"
While a price spiral down may look attractive to buyers, in the end when sellers
see the effort vs reward, they slow down on selling and then those buyers now
have less options.
In Suggestions, Rob_and_Shelagh writes:
| | In Suggestions, mgiglio writes:
| | In Suggestions, yorbrick writes:
| | | | You are mistaken. Sellers do not have the ability to part out a set and automatically
list the pieces at the 6 month average, using any BrickLink tools. It's possible
to do so with 3rd-party tools (off BrickLink), but those tools are available
to buyers as well. The access to pricing information is identical for buyers
and sellers.
|
What am I missing here? Is it interpretation of words?
Sellers can use the part out a set tool and set their part prices at the (worldwide)
six month average price, using Bricklink.
|
this is correct. i did it last night. it's a very useful feature for a seller.
don't know why someone is saying this can't be done right in bricklink.
|
I concur it can indeed be done but in over 10 years of selling here I've
never understood why people want to set their prices at 6th months average worldwide
prices. Many do so but no one has ever explained why they do... is it just because
they can? I know this feature originates from the early Dan years and maybe back
then the dynamics were different - mainly USA only data, less stores, less items,
etc. Not singling you out but I'm just interested in hearing why sellers
do this and value this feature.
Robert
|
|
|
| Author: | FigBits | | Posted: | Mar 22, 2017 10:08 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 57 times | | Topic: | Suggestions | |
|
| In Suggestions, mgiglio writes:
| | In Suggestions, yorbrick writes:
| | | | You are mistaken. Sellers do not have the ability to part out a set and automatically
list the pieces at the 6 month average, using any BrickLink tools. It's possible
to do so with 3rd-party tools (off BrickLink), but those tools are available
to buyers as well. The access to pricing information is identical for buyers
and sellers.
|
What am I missing here? Is it interpretation of words?
Sellers can use the part out a set tool and set their part prices at the (worldwide)
six month average price, using Bricklink.
|
this is correct. i did it last night. it's a very useful feature for a seller.
don't know why someone is saying this can't be done right in bricklink.
|
You're right. I was wrong about that. I was thinking of re-pricing existing
inventory to the 6-month average.
--
Marc.
|
|
| Author: | Rob_and_Shelagh | | Posted: | Mar 22, 2017 10:06 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 63 times | | Topic: | Suggestions | |
|
| In Suggestions, mgiglio writes:
| | In Suggestions, yorbrick writes:
| | | | You are mistaken. Sellers do not have the ability to part out a set and automatically
list the pieces at the 6 month average, using any BrickLink tools. It's possible
to do so with 3rd-party tools (off BrickLink), but those tools are available
to buyers as well. The access to pricing information is identical for buyers
and sellers.
|
What am I missing here? Is it interpretation of words?
Sellers can use the part out a set tool and set their part prices at the (worldwide)
six month average price, using Bricklink.
|
this is correct. i did it last night. it's a very useful feature for a seller.
don't know why someone is saying this can't be done right in bricklink.
|
I concur it can indeed be done but in over 10 years of selling here I've
never understood why people want to set their prices at 6th months average worldwide
prices. Many do so but no one has ever explained why they do... is it just because
they can? I know this feature originates from the early Dan years and maybe back
then the dynamics were different - mainly USA only data, less stores, less items,
etc. Not singling you out but I'm just interested in hearing why sellers
do this and value this feature.
Robert
|
|
| Author: | mgiglio | | Posted: | Mar 22, 2017 10:04 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 46 times | | Topic: | Suggestions | |
|
| In Suggestions, SylvainLS writes:
| | In Suggestions, FigBits writes:
| | […]
| | regarding sellers and buyers having equal access, that's just not true. a
seller can part out a set and list the pieces automatically at the 6 month avg,
but a buyer cannot then shop for those same parts in that same sellers store
without seeing all at once whether they are above or below average price. that's
not equal access. that makes the buyer work much harder than the seller to determine
whether each individual part is listed at fair value or not.
|
You are mistaken. Sellers do not have the ability to part out a set and automatically
list the pieces at the 6 month average, using any BrickLink tools. It's possible
to do so with 3rd-party tools (off BrickLink), but those tools are available
to buyers as well. The access to pricing information is identical for buyers
and sellers.
|
Actually, it’s the reverse: buyers have more tools than sellers in BrickLink.
Buyers can easily set Max Price in their Wanted Lists to the Price Guide values:
open your WL, select some (or all) items, click on the “Price” button just above
the list, you’re then presented with a dialog to set the prices:
1. as amount,
2. as price guide (last 6mo/currently for sale, average/qty average/min/max),
3. inc/decrease (by % or value)
You don’t need Brickstok… unless you want “sold” values and not “for sale.”
|
thanks for this. i actually did not know i could do this. this gives me a workaround
for the process i was using to shop using the comparison. i think the comparison
was better, but this will work. I can now eliminate items that do not meet my
price when shopping my wanted list. my vote to reinstate the comparison tool
still stands, but this is really useful information and much more constructive
than some folks are being on this forum.
|
|
| Author: | mgiglio | | Posted: | Mar 22, 2017 09:51 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 54 times | | Topic: | Suggestions | |
|
| In Suggestions, yorbrick writes:
| | | | You are mistaken. Sellers do not have the ability to part out a set and automatically
list the pieces at the 6 month average, using any BrickLink tools. It's possible
to do so with 3rd-party tools (off BrickLink), but those tools are available
to buyers as well. The access to pricing information is identical for buyers
and sellers.
|
What am I missing here? Is it interpretation of words?
Sellers can use the part out a set tool and set their part prices at the (worldwide)
six month average price, using Bricklink.
|
this is correct. i did it last night. it's a very useful feature for a seller.
don't know why someone is saying this can't be done right in bricklink.
|
|
| Author: | alessandro1995 | | Posted: | Mar 22, 2017 08:22 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 52 times | | Topic: | Suggestions | |
|
| Pleasee REINTRODUCE this fantastic function,we really need it!
Alessandro
|
|
| Author: | yorbrick | | Posted: | Mar 22, 2017 07:01 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 61 times | | Topic: | Suggestions | |
|
| | | You are mistaken. Sellers do not have the ability to part out a set and automatically
list the pieces at the 6 month average, using any BrickLink tools. It's possible
to do so with 3rd-party tools (off BrickLink), but those tools are available
to buyers as well. The access to pricing information is identical for buyers
and sellers.
|
What am I missing here? Is it interpretation of words?
Sellers can use the part out a set tool and set their part prices at the (worldwide)
six month average price, using Bricklink.
|
|
| Author: | SylvainLS | | Posted: | Mar 22, 2017 06:51 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 63 times | | Topic: | Suggestions | |
|
| In Suggestions, FigBits writes:
| | […]
| | regarding sellers and buyers having equal access, that's just not true. a
seller can part out a set and list the pieces automatically at the 6 month avg,
but a buyer cannot then shop for those same parts in that same sellers store
without seeing all at once whether they are above or below average price. that's
not equal access. that makes the buyer work much harder than the seller to determine
whether each individual part is listed at fair value or not.
|
You are mistaken. Sellers do not have the ability to part out a set and automatically
list the pieces at the 6 month average, using any BrickLink tools. It's possible
to do so with 3rd-party tools (off BrickLink), but those tools are available
to buyers as well. The access to pricing information is identical for buyers
and sellers.
|
Actually, it’s the reverse: buyers have more tools than sellers in BrickLink.
Buyers can easily set Max Price in their Wanted Lists to the Price Guide values:
open your WL, select some (or all) items, click on the “Price” button just above
the list, you’re then presented with a dialog to set the prices:
1. as amount,
2. as price guide (last 6mo/currently for sale, average/qty average/min/max),
3. inc/decrease (by % or value)
You don’t need Brickstok… unless you want “sold” values and not “for sale.”
|
|
| Author: | Rob_and_Shelagh | | Posted: | Mar 22, 2017 06:13 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 66 times | | Topic: | Suggestions | |
|
| In Suggestions, yorbrick writes:
| | | | | | A few years ago, most sets parted out for 2x the retail price of the set. Today,
that number is maybe 1.3x. I certainly would not say that prices on parts are
inflated. The opposite -- they're depressed.
|
1.3x ?
If any sellers are parting out sets on that multiple they are heading for a loss.
They'd have to sell most of the set just to break even without any compensation
for their time.
|
Or not pay retail price.
|
"and" not pay the retail price
Robert
|
|
| Author: | yorbrick | | Posted: | Mar 22, 2017 05:53 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 70 times | | Topic: | Suggestions | |
|
| | | | | A few years ago, most sets parted out for 2x the retail price of the set. Today,
that number is maybe 1.3x. I certainly would not say that prices on parts are
inflated. The opposite -- they're depressed.
|
1.3x ?
If any sellers are parting out sets on that multiple they are heading for a loss.
They'd have to sell most of the set just to break even without any compensation
for their time.
|
Or not pay retail price.
|
|
| Author: | Rob_and_Shelagh | | Posted: | Mar 22, 2017 05:13 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 68 times | | Topic: | Suggestions | |
|
| In Suggestions, FigBits writes:
| | In Suggestions, mgiglio writes:
| | of course i am not suggesting that parts be given away for free. i'm saying
maybe part prices are inflated if sellers are actually willing to sell for less.
as a seller, if i think a part is too cool to sell for a nickel, i keep it, cause
i know no one's gonna pay a quarter for it. or if i have a ten dollar minifig
and i dont want to sit on it for a year, i'll list it for 9 and try to move
it out.
|
For those of us whose BrickLink stores are trying to support us as a full-time
job, that a part being too cool doesn't factor into it. It's a business.
I try to sell for more than I paid.
A few years ago, most sets parted out for 2x the retail price of the set. Today,
that number is maybe 1.3x. I certainly would not say that prices on parts are
inflated. The opposite -- they're depressed.
|
1.3x ?
If any sellers are parting out sets on that multiple they are heading for a loss.
They'd have to sell most of the set just to break even without any compensation
for their time. It is quite easy to sell half of the parts in a set but the others
take quite some time. I think some must blindly price without any business consideration
and that won't last, they'll soon realise they are working for someone
else not themselves. I agree some of the recent system tweaks have encouraged
some into this but at the end of the day I do believe demand and supply rules...
and that is the real problem - over supply. Some seem to think that if 100 of
part XXX sold for average 10c each over the last 6 months there is a market for
BL'ers to part out 10000 of them when in reality there is little price elasticity
of demand and if the price was 5c the 6 month demand might still not be more
than 100. That is why many are getting frustrated, having rash sales and trying
to get their investment back that they thought would make them a quick profit.
Robert
|
|
| Author: | yorbrick | | Posted: | Mar 22, 2017 05:11 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 61 times | | Topic: | Suggestions | |
|
| | | of course i am not suggesting that parts be given away for free. i'm saying
maybe part prices are inflated if sellers are actually willing to sell for less.
|
In some cases, I think it is not willing to sell for less, but feeling the need
to sell for less to get a sale.
Part of the problem is that the average doesn't take into account location.
A few times I have had buyers contact me asking me to give them a better price
"because they can buy cheaper from the US", although this happens on single parts
as well as larger amounts of parts when the wants list price tool was there.
I tell them to buy from the US and to pay the extra shipping, to pay the £8 RM
fee for importing the items, to pay VAT on top when they import. None of those
fees appear in the tool, yet the more expensive stores look bad compared to other
stores where these fees would be applicable.
| | or maybe let bricklink set the price. millennium
falcon radar dish: $10. seller paid more for it originally, tough crap, you can
only sell it here for $10. that's not fair to the seller though, is it?
|
It is also illegal in many countries. BL would also lose many sellers to rival
free markets such BO, ebay, etc.
|
|
| Author: | Rob_and_Shelagh | | Posted: | Mar 22, 2017 04:53 | | Subject: | Re: Counterfiet Set Reporting | | Viewed: | 76 times | | Topic: | Suggestions | |
|
| In Suggestions, WoutR writes:
| | In Suggestions, qwertyboy writes:
| | In Suggestions, rofreder writes:
| | Hello All, and to my recent seller please accept my appologies.
Got in some other sets today straight from lego.com and compared elements. Couldn't
distinguish any serious differences. I suppose there is a little variation among
genuine lego factory molds and plastic composition.
Thank you all for your help and concern. Got my first set in the 70's and
thought I was an expert. Guess not.
|
Thank you for reporting back.
Nowadays, especially in online discussions, I see far too few people willing
to admit a mistake. I really appreciate this.
Niek.
|
+1
Thanks.
|
sorry to add yet another +1 to the thread without further comment but in this
case I think it is well warranted.
Robert
|
|
| Author: | FigBits | | Posted: | Mar 22, 2017 00:31 | | Subject: | Re: price overview when buying a wanted list | | Viewed: | 75 times | | Topic: | Suggestions | |
|
| In Suggestions, mgiglio writes:
| | of course i am not suggesting that parts be given away for free. i'm saying
maybe part prices are inflated if sellers are actually willing to sell for less.
as a seller, if i think a part is too cool to sell for a nickel, i keep it, cause
i know no one's gonna pay a quarter for it. or if i have a ten dollar minifig
and i dont want to sit on it for a year, i'll list it for 9 and try to move
it out.
|
For those of us whose BrickLink stores are trying to support us as a full-time
job, that a part being too cool doesn't factor into it. It's a business.
I try to sell for more than I paid.
A few years ago, most sets parted out for 2x the retail price of the set. Today,
that number is maybe 1.3x. I certainly would not say that prices on parts are
inflated. The opposite -- they're depressed.
Those $10 minifigs are only $10 because that's what they've been selling
for. It used to be as you described -- a few sellers would list at $9 to
try to sell them faster, while most listed for $10, and many listed for $11 or
more.
But now, ten stores list them for $8. Then when they see that everyone else is
doing that, they relist them for $6. Then someone lists 300 of them for $2.50.
All of which is fine (more or less). But it becomes a bit of a problem when sellers
who want to list that "$10" minifigure for $10 show up on a BrickLink tool as
being 75% higher than average.
| | if bricklink has a problem with sellers undercutting each other, i don't
think limiting the buyers information is the smart way to fix it. why not limit
sellers ability to list a part for less than a certain price.
|
That would be a terrible idea, and possibly illegal.
| | regarding sellers and buyers having equal access, that's just not true. a
seller can part out a set and list the pieces automatically at the 6 month avg,
but a buyer cannot then shop for those same parts in that same sellers store
without seeing all at once whether they are above or below average price. that's
not equal access. that makes the buyer work much harder than the seller to determine
whether each individual part is listed at fair value or not.
|
You are mistaken. Sellers do not have the ability to part out a set and automatically
list the pieces at the 6 month average, using any BrickLink tools. It's possible
to do so with 3rd-party tools (off BrickLink), but those tools are available
to buyers as well. The access to pricing information is identical for buyers
and sellers.
--
Marc.
|
|
|
United Kingdom, England
USA, Missouri
France, Nouvelle-Aquitaine
Switzerland, Ticino
Netherlands, Gelderland
Ireland, Dublin
Germany, Hessen
Canada, British Columbia
Italy, Campania