Discussion Forum: Thread 273244

 Author: BrickBros20 View Messages Posted By BrickBros20
 Posted: Aug 14, 2020 18:41
 Subject: Stores with Large Inventories, but Few Orders
 Viewed: 310 times
 Topic: Selling
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BrickBros20 (93)

Location:  USA, Minnesota
Member Since Contact Type Status
Jul 15, 2020 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Brick Brothers Brick Shop
Hello!
Im a new seller on bricklink, and ill mainly be selling new parts. Looking at
others stores, i sometimes see stores with 30k+ inventories, but very few orders
considering how many parts they have. As a new seller, this concerns me as i
dont want to same to happen to me. Is there something that im missing about what
can cause that?
I really appreciate any help!
Thanks!
 Author: SezaR View Messages Posted By SezaR
 Posted: Aug 14, 2020 19:00
 Subject: Re: Stores with Large Inventories, but Few Orders
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 Topic: Selling
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SezaR (561)

Location:  Canada, British Columbia
Member Since Contact Type Status
Jan 15, 2015 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Sezar's trains
In Selling, BrickBros20 writes:
  Hello!
Im a new seller on bricklink, and ill mainly be selling new parts. Looking at
others stores, i sometimes see stores with 30k+ inventories, but very few orders

how do you know that? Do you check the number of total orders they received on
day X and compare it with few days later (day Y)?

The large stores I know in Canada get many orders.
 Author: BrickBros20 View Messages Posted By BrickBros20
 Posted: Aug 14, 2020 19:02
 Subject: Re: Stores with Large Inventories, but Few Orders
 Viewed: 71 times
 Topic: Selling
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BrickBros20 (93)

Location:  USA, Minnesota
Member Since Contact Type Status
Jul 15, 2020 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Brick Brothers Brick Shop
In Selling, SezaR writes:
  In Selling, BrickBros20 writes:
  Hello!
Im a new seller on bricklink, and ill mainly be selling new parts. Looking at
others stores, i sometimes see stores with 30k+ inventories, but very few orders

how do you know that? Do you check the number of total orders they received on
day X and compare it with few days later (day Y)?

The large stores I know in Canada get many orders.

Hey! When i was looking, i would just see that a certain store would have a large
number of parts, but only 40 orders. Im just wondering how that could be.
Thanks!
 Author: Crafteewon View Messages Posted By Crafteewon
 Posted: Aug 14, 2020 19:31
 Subject: Re: Stores with Large Inventories, but Few Orders
 Viewed: 60 times
 Topic: Selling
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Crafteewon (929)

Location:  Canada, British Columbia
Member Since Contact Type Status
Nov 11, 2015 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Crafteewon
In Selling, BrickBros20 writes:
  In Selling, SezaR writes:
  In Selling, BrickBros20 writes:
  Hello!
Im a new seller on bricklink, and ill mainly be selling new parts. Looking at
others stores, i sometimes see stores with 30k+ inventories, but very few orders

how do you know that? Do you check the number of total orders they received on
day X and compare it with few days later (day Y)?

The large stores I know in Canada get many orders.

Hey! When i was looking, i would just see that a certain store would have a large
number of parts, but only 40 orders. Im just wondering how that could be.
Thanks!

It could depend on how long they are operating.
30K of parts would be considered a small store though for bricklink IMHO.
My store normally sits around 80K in parts and I still think of it as a small
store.
 Author: EnchantedBricks View Messages Posted By EnchantedBricks
 Posted: Aug 14, 2020 19:36
 Subject: Re: Stores with Large Inventories, but Few Orders
 Viewed: 47 times
 Topic: Selling
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EnchantedBricks (358)

Location:  USA, Pennsylvania
Member Since Contact Type Status Collage
May 10, 2019 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
View Collage Pic
Store: Enchanted Bricks
In Selling, Crafteewon writes:
  In Selling, BrickBros20 writes:
  In Selling, SezaR writes:
  In Selling, BrickBros20 writes:
  Hello!
Im a new seller on bricklink, and ill mainly be selling new parts. Looking at
others stores, i sometimes see stores with 30k+ inventories, but very few orders

how do you know that? Do you check the number of total orders they received on
day X and compare it with few days later (day Y)?

The large stores I know in Canada get many orders.

Hey! When i was looking, i would just see that a certain store would have a large
number of parts, but only 40 orders. Im just wondering how that could be.
Thanks!

It could depend on how long they are operating.
30K of parts would be considered a small store though for bricklink IMHO.
My store normally sits around 80K in parts and I still think of it as a small
store.

There are a Lot of factors that go into getting consistent orders. I myself didn't
start getting regular orders until I hit around 65k and still its sporadic. The
next big thing is Part Diversity, it helps to have a lot more variety and having
parts that are desirable, so it could just be that those stores either don't
have more then just common parts or their prices are not competitive to what
their stock level is.

Just my Opinion

Always Let Your Imagination Run wild !!
 Author: BrickBros20 View Messages Posted By BrickBros20
 Posted: Aug 14, 2020 19:36
 Subject: Re: Stores with Large Inventories, but Few Orders
 Viewed: 38 times
 Topic: Selling
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BrickBros20 (93)

Location:  USA, Minnesota
Member Since Contact Type Status
Jul 15, 2020 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Brick Brothers Brick Shop
In Selling, Crafteewon writes:
  In Selling, BrickBros20 writes:
  In Selling, SezaR writes:
  In Selling, BrickBros20 writes:
  Hello!
Im a new seller on bricklink, and ill mainly be selling new parts. Looking at
others stores, i sometimes see stores with 30k+ inventories, but very few orders

how do you know that? Do you check the number of total orders they received on
day X and compare it with few days later (day Y)?

The large stores I know in Canada get many orders.

Hey! When i was looking, i would just see that a certain store would have a large
number of parts, but only 40 orders. Im just wondering how that could be.
Thanks!

It could depend on how long they are operating.
30K of parts would be considered a small store though for bricklink IMHO.
My store normally sits around 80K in parts and I still think of it as a small
store.

Gotcha. If you dont mind me asking, around how many orders do you get per week?
Just asking as im trying to figure out a lot of stuff as i get started.
 Author: Crafteewon View Messages Posted By Crafteewon
 Posted: Aug 14, 2020 19:44
 Subject: Re: Stores with Large Inventories, but Few Orders
 Viewed: 45 times
 Topic: Selling
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Crafteewon (929)

Location:  Canada, British Columbia
Member Since Contact Type Status
Nov 11, 2015 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Crafteewon
In Selling, BrickBros20 writes:
  In Selling, Crafteewon writes:
  In Selling, BrickBros20 writes:
  In Selling, SezaR writes:
  In Selling, BrickBros20 writes:
  Hello!
Im a new seller on bricklink, and ill mainly be selling new parts. Looking at
others stores, i sometimes see stores with 30k+ inventories, but very few orders

how do you know that? Do you check the number of total orders they received on
day X and compare it with few days later (day Y)?

The large stores I know in Canada get many orders.

Hey! When i was looking, i would just see that a certain store would have a large
number of parts, but only 40 orders. Im just wondering how that could be.
Thanks!

It could depend on how long they are operating.
30K of parts would be considered a small store though for bricklink IMHO.
My store normally sits around 80K in parts and I still think of it as a small
store.

Gotcha. If you dont mind me asking, around how many orders do you get per week?
Just asking as im trying to figure out a lot of stuff as i get started.

It really depends on how much new inventory I am adding.
This spring was the busiest I have had but when summer rolled in it really quieted
down.
I’ve also experimented with min lot requirements and changed my min order total
at times.
About 250 orders in the past 6 months.
 Author: BrickBros20 View Messages Posted By BrickBros20
 Posted: Aug 14, 2020 19:46
 Subject: Re: Stores with Large Inventories, but Few Orders
 Viewed: 47 times
 Topic: Selling
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BrickBros20 (93)

Location:  USA, Minnesota
Member Since Contact Type Status
Jul 15, 2020 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Brick Brothers Brick Shop
In Selling, Crafteewon writes:
  In Selling, BrickBros20 writes:
  In Selling, Crafteewon writes:
  In Selling, BrickBros20 writes:
  In Selling, SezaR writes:
  In Selling, BrickBros20 writes:
  Hello!
Im a new seller on bricklink, and ill mainly be selling new parts. Looking at
others stores, i sometimes see stores with 30k+ inventories, but very few orders

how do you know that? Do you check the number of total orders they received on
day X and compare it with few days later (day Y)?

The large stores I know in Canada get many orders.

Hey! When i was looking, i would just see that a certain store would have a large
number of parts, but only 40 orders. Im just wondering how that could be.
Thanks!

It could depend on how long they are operating.
30K of parts would be considered a small store though for bricklink IMHO.
My store normally sits around 80K in parts and I still think of it as a small
store.

Gotcha. If you dont mind me asking, around how many orders do you get per week?
Just asking as im trying to figure out a lot of stuff as i get started.

It really depends on how much new inventory I am adding.
This spring was the busiest I have had but when summer rolled in it really quieted
down.
I’ve also experimented with min lot requirements and changed my min order total
at times.
About 250 orders in the past 6 months.

Ok, good to know. Thank you for the help!
 Author: Crafteewon View Messages Posted By Crafteewon
 Posted: Aug 14, 2020 19:39
 Subject: Re: Stores with Large Inventories, but Few Orders
 Viewed: 40 times
 Topic: Selling
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Crafteewon (929)

Location:  Canada, British Columbia
Member Since Contact Type Status
Nov 11, 2015 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Crafteewon
In Selling, Crafteewon writes:
  In Selling, BrickBros20 writes:
  In Selling, SezaR writes:
  In Selling, BrickBros20 writes:
  Hello!
Im a new seller on bricklink, and ill mainly be selling new parts. Looking at
others stores, i sometimes see stores with 30k+ inventories, but very few orders

how do you know that? Do you check the number of total orders they received on
day X and compare it with few days later (day Y)?

The large stores I know in Canada get many orders.

Hey! When i was looking, i would just see that a certain store would have a large
number of parts, but only 40 orders. Im just wondering how that could be.
Thanks!

It could depend on how long they are operating.
30K of parts would be considered a small store though for bricklink IMHO.
My store normally sits around 80K in parts and I still think of it as a small
store.

In USA alone top 50 stores have over 500K parts.

https://www.bricklink.com/storeResults.asp?sMM=8&sDD=14&sYY=2020&itemNo=&itemSeq=1&breakType=M&sortBy=2&q=&itemType=&catID=&colorID=&itemYear=&invNew=&sellerLoc=C&countryID=US®ionID=3&shipCountryID=CA&moneyTypeID=32&pmtMethodID=
 
 Author: mach1baby View Messages Posted By mach1baby
 Posted: Aug 14, 2020 22:14
 Subject: Re: Stores with Large Inventories, but Few Orders
 Viewed: 50 times
 Topic: Selling
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mach1baby (6745)

Location:  USA, Washington
Member Since Contact Type Status
Mar 26, 2011 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Everything StarWars & More
In Selling, Crafteewon writes:
  In Selling, Crafteewon writes:
  In Selling, BrickBros20 writes:
  In Selling, SezaR writes:
  In Selling, BrickBros20 writes:
  Hello!
Im a new seller on bricklink, and ill mainly be selling new parts. Looking at
others stores, i sometimes see stores with 30k+ inventories, but very few orders

how do you know that? Do you check the number of total orders they received on
day X and compare it with few days later (day Y)?

The large stores I know in Canada get many orders.

Hey! When i was looking, i would just see that a certain store would have a large
number of parts, but only 40 orders. Im just wondering how that could be.
Thanks!

It could depend on how long they are operating.
30K of parts would be considered a small store though for bricklink IMHO.
My store normally sits around 80K in parts and I still think of it as a small
store.

In USA alone top 50 stores have over 500K parts.

https://www.bricklink.com/storeResults.asp?sMM=8&sDD=14&sYY=2020&itemNo=&itemSeq=1&breakType=M&sortBy=2&q=&itemType=&catID=&colorID=&itemYear=&invNew=&sellerLoc=C&countryID=US®ionID=3&shipCountryID=CA&moneyTypeID=32&pmtMethodID=

We have our parts dept stockroomed for the most part for now but we are right
at a million items.

Scott
 Author: SezaR View Messages Posted By SezaR
 Posted: Aug 14, 2020 20:13
 Subject: Re: Stores with Large Inventories, but Few Orders
 Viewed: 57 times
 Topic: Selling
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SezaR (561)

Location:  Canada, British Columbia
Member Since Contact Type Status
Jan 15, 2015 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Sezar's trains
In Selling, BrickBros20 writes:
  In Selling, SezaR writes:
  In Selling, BrickBros20 writes:
  Hello!
Im a new seller on bricklink, and ill mainly be selling new parts. Looking at
others stores, i sometimes see stores with 30k+ inventories, but very few orders

how do you know that? Do you check the number of total orders they received on
day X and compare it with few days later (day Y)?

The large stores I know in Canada get many orders.

Hey! When i was looking, i would just see that a certain store would have a large
number of parts, but only 40 orders. Im just wondering how that could be.
Thanks!

There are many factors:
- Prices
- Rare items
- Shipping costs
- Feedback record, good and professional terms
....

I have 3k or parts. While I do not really provide the best service, I get enough
number of orders, many of them are large orders because I sell many rare vintage
sets.
I started selling recently, but before I was buying and got to learn well about
the market and prices of vintage stuff. I knew what is rare on North of America
(Canada),... and I was sure if somebody needed certain sets or parts, they better
buy them from me as I was the only (or one among few) provider(s) on North of
America!
So I started adding few sets and got my first orders easily. More I added to
my store, more consistent the orders I received.

As far as I know, if your prices are about the average and you have good terms
and service, you will get orders. Grow your store slowly.

Good luck
 Author: rick_holl View Messages Posted By rick_holl
 Posted: Aug 14, 2020 20:51
 Subject: Re: Stores with Large Inventories, but Few Orders
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rick_holl (418)

Location:  Canada, Quebec
Member Since Contact Type Status
Jan 6, 2019 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Rick’s brick shop
In Selling, BrickBros20 writes:
  Hello!
Im a new seller on bricklink, and ill mainly be selling new parts. Looking at
others stores, i sometimes see stores with 30k+ inventories, but very few orders
considering how many parts they have. As a new seller, this concerns me as i
dont want to same to happen to me. Is there something that im missing about what
can cause that?
I really appreciate any help!
Thanks!

Prices is important too. Also over 75% of my sales are mint used parts (i rate
the used part)
 Author: jeslego View Messages Posted By jeslego
 Posted: Aug 14, 2020 22:26
 Subject: Re: Stores with Large Inventories, but Few Orders
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 Topic: Selling
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jeslego (1047)

Location:  USA, California
Member Since Contact Type Status
Jun 5, 2009 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: Make Up Sets
In Selling, BrickBros20 writes:
  Hello!
Im a new seller on bricklink, and ill mainly be selling new parts. Looking at
others stores, i sometimes see stores with 30k+ inventories, but very few orders
considering how many parts they have. As a new seller, this concerns me as i
dont want to same to happen to me. Is there something that im missing about what
can cause that?
I really appreciate any help!
Thanks!


When a seller parts out a new set, all of the parts have value, but some of the
parts are more in demand than others. If they wanted to sell out quickly, they
might set the price of less popular parts to below the bricklink average. But
learning that average for each individual part and deciding which part are unpopular
takes time. Many sellers do not go to the trouble. Consequently, their initial
sales after parting out a bunch of sets are decent, but they are left with the
less popular pieces. Unless they lower the prices of that inventory, they will
end up with few orders during the times when they are not adding inventory.
 Author: Heartbricker View Messages Posted By Heartbricker
 Posted: Aug 14, 2020 22:43
 Subject: Re: Stores with Large Inventories, but Few Orders
 Viewed: 47 times
 Topic: Selling
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Heartbricker (9962)

Location:  USA, New Jersey
Member Since Contact Type Status
Dec 29, 2008 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Heart Bricker
In Selling, jeslego writes:
  In Selling, BrickBros20 writes:
  Hello!
Im a new seller on bricklink, and ill mainly be selling new parts. Looking at
others stores, i sometimes see stores with 30k+ inventories, but very few orders
considering how many parts they have. As a new seller, this concerns me as i
dont want to same to happen to me. Is there something that im missing about what
can cause that?
I really appreciate any help!
Thanks!


When a seller parts out a new set, all of the parts have value, but some of the
parts are more in demand than others. If they wanted to sell out quickly, they
might set the price of less popular parts to below the bricklink average. But
learning that average for each individual part and deciding which part are unpopular
takes time. Many sellers do not go to the trouble. Consequently, their initial
sales after parting out a bunch of sets are decent, but they are left with the
less popular pieces. Unless they lower the prices of that inventory, they will
end up with few orders during the times when they are not adding inventory.

+1
 Author: popsicle View Messages Posted By popsicle
 Posted: Aug 14, 2020 22:33
 Subject: Re: Stores with Large Inventories, but Few Orders
 Viewed: 75 times
 Topic: Selling
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popsicle (5940)

Location:  USA, Washington
Member Since Contact Type Status
Feb 21, 2006 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: ConstrucToys
In Selling, BrickBros20 writes:
  Hello!
Im a new seller on bricklink, and ill mainly be selling new parts. Looking at
others stores, i sometimes see stores with 30k+ inventories, but very few orders
considering how many parts they have. As a new seller, this concerns me as i
dont want to same to happen to me. Is there something that im missing about what
can cause that?
I really appreciate any help!
Thanks!

I enjoy reading posts far more than replying or participating in them. That being
said, after reading through some of the replies to your post, I’ve gotta chime-in
here.

It’s NOT the quantity or number of items listed in your store you should focused
on, but rather WHAT you have listed, i.e. value or desirability (future or present)
of the items.

I’m sure Scott, with his million parts in stockroom, would agree with this.

-popsicle
 Author: mach1baby View Messages Posted By mach1baby
 Posted: Aug 14, 2020 22:54
 Subject: Re: Stores with Large Inventories, but Few Orders
 Viewed: 64 times
 Topic: Selling
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mach1baby (6745)

Location:  USA, Washington
Member Since Contact Type Status
Mar 26, 2011 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Everything StarWars & More
In Selling, popsicle writes:
  In Selling, BrickBros20 writes:
  Hello!
Im a new seller on bricklink, and ill mainly be selling new parts. Looking at
others stores, i sometimes see stores with 30k+ inventories, but very few orders
considering how many parts they have. As a new seller, this concerns me as i
dont want to same to happen to me. Is there something that im missing about what
can cause that?
I really appreciate any help!
Thanks!

I enjoy reading posts far more than replying or participating in them. That being
said, after reading through some of the replies to your post, I’ve gotta chime-in
here.

It’s NOT the quantity or number of items listed in your store you should focused
on, but rather WHAT you have listed, i.e. value or desirability (future or present)
of the items.

I’m sure Scott, with his million parts in stockroom, would agree with this.

-popsicle

Wholeheartedly, it’s about huge diversity in inventory. It was to a point where
I was getting 30+ orders a day with the COVID-19 lockdown and I had to wave the
white flag. We have kind of everything under the sun, new parts, vintage parts,
figures of all themes, sets from all vintages, instructions. So inventory diversity
is key to success. Parting out new sets are great but it’s the same thing everyone
else has in all actuality. We literally have 3-4,000lbs of used parts that aren’t
processed or being processed. We run our Bricklink store out of our retail
store and for all intense purposes are out of space. But again, as I get off
track, if you can get great used lots that’s key to having consistent repeat
customers. Be that store that is know for having a one stop shopping experience.
Once I open back up the parts dept in full, which will most likely be post holidays
this year, as I am trying to reinvent our space, it will be an onslaught I’m
sure.

Scott
 Author: popsicle View Messages Posted By popsicle
 Posted: Aug 14, 2020 23:30
 Subject: Re: Stores with Large Inventories, but Few Orders
 Viewed: 87 times
 Topic: Selling
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popsicle (5940)

Location:  USA, Washington
Member Since Contact Type Status
Feb 21, 2006 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: ConstrucToys
In Selling, mach1baby writes:
  In Selling, popsicle writes:
  In Selling, BrickBros20 writes:
  Hello!
Im a new seller on bricklink, and ill mainly be selling new parts. Looking at
others stores, i sometimes see stores with 30k+ inventories, but very few orders
considering how many parts they have. As a new seller, this concerns me as i
dont want to same to happen to me. Is there something that im missing about what
can cause that?
I really appreciate any help!
Thanks!

I enjoy reading posts far more than replying or participating in them. That being
said, after reading through some of the replies to your post, I’ve gotta chime-in
here.

It’s NOT the quantity or number of items listed in your store you should focused
on, but rather WHAT you have listed, i.e. value or desirability (future or present)
of the items.

I’m sure Scott, with his million parts in stockroom, would agree with this.

-popsicle

Wholeheartedly, it’s about huge diversity in inventory. It was to a point where
I was getting 30+ orders a day with the COVID-19 lockdown and I had to wave the
white flag. We have kind of everything under the sun, new parts, vintage parts,
figures of all themes, sets from all vintages, instructions. So inventory diversity
is key to success. Parting out new sets are great but it’s the same thing everyone
else has in all actuality. We literally have 3-4,000lbs of used parts that aren’t
processed or being processed. We run our Bricklink store out of our retail
store and for all intense purposes are out of space. But again, as I get off
track, if you can get great used lots that’s key to having consistent repeat
customers. Be that store that is know for having a one stop shopping experience.
Once I open back up the parts dept in full, which will most likely be post holidays
this year, as I am trying to reinvent our space, it will be an onslaught I’m
sure.

Scott

Diversity of inventory for volume orders, sure! But the correct inventory acquisitions,
for higher profit margins longterm, is the key.

Decide, do you want to work your but-off for a higher number of orders with lower
profit margins, or would you like to work far less with a greater profit margins,
and by extension have more reinvestment capital to grow your store's inventory?

-popsicle
 Author: mach1baby View Messages Posted By mach1baby
 Posted: Aug 14, 2020 23:39
 Subject: Re: Stores with Large Inventories, but Few Orders
 Viewed: 84 times
 Topic: Selling
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mach1baby (6745)

Location:  USA, Washington
Member Since Contact Type Status
Mar 26, 2011 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Everything StarWars & More
In Selling, popsicle writes:
  In Selling, mach1baby writes:
  In Selling, popsicle writes:
  In Selling, BrickBros20 writes:
  Hello!
Im a new seller on bricklink, and ill mainly be selling new parts. Looking at
others stores, i sometimes see stores with 30k+ inventories, but very few orders
considering how many parts they have. As a new seller, this concerns me as i
dont want to same to happen to me. Is there something that im missing about what
can cause that?
I really appreciate any help!
Thanks!

I enjoy reading posts far more than replying or participating in them. That being
said, after reading through some of the replies to your post, I’ve gotta chime-in
here.

It’s NOT the quantity or number of items listed in your store you should focused
on, but rather WHAT you have listed, i.e. value or desirability (future or present)
of the items.

I’m sure Scott, with his million parts in stockroom, would agree with this.

-popsicle

Wholeheartedly, it’s about huge diversity in inventory. It was to a point where
I was getting 30+ orders a day with the COVID-19 lockdown and I had to wave the
white flag. We have kind of everything under the sun, new parts, vintage parts,
figures of all themes, sets from all vintages, instructions. So inventory diversity
is key to success. Parting out new sets are great but it’s the same thing everyone
else has in all actuality. We literally have 3-4,000lbs of used parts that aren’t
processed or being processed. We run our Bricklink store out of our retail
store and for all intense purposes are out of space. But again, as I get off
track, if you can get great used lots that’s key to having consistent repeat
customers. Be that store that is know for having a one stop shopping experience.
Once I open back up the parts dept in full, which will most likely be post holidays
this year, as I am trying to reinvent our space, it will be an onslaught I’m
sure.

Scott

Diversity of inventory for volume orders, sure! But the correct inventory acquisitions,
for higher profit margins longterm, is the key.

Decide, do you want to work your but-off for a higher number of orders with lower
profit margins, or would you like to work far less with a greater profit margins,
and by extension have more reinvestment capital to grow your store's inventory?

-popsicle

Another great point, we buy lots of collections and lots, but also turn down
lots of them as well. We get picky, unless some is just donating. But I think
when we do fully reopen we will be adjusting lot minimum buys, lot sizes and
most likely do price increases. I believe we were up to 20,000 unique lots so
doing those adjustments may keep orders manageable, though we will probably get
people complaining and wanting bypass passwords. I guess that comes with magic
wanted lists defaulting to our store as the store with most of those lists. So
another great point.

Scott
 Author: Adjour View Messages Posted By Adjour
 Posted: Aug 14, 2020 23:22
 Subject: Re: Stores with Large Inventories, but Few Orders
 Viewed: 70 times
 Topic: Selling
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Adjour (1219)

Location:  USA, California
Member Since Contact Type Status
Aug 1, 2016 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: The Chili is a Bit Spicy
Not sure what you'd consider me, I think I'm a "large small" or "small
medium" sized store. I focus on variety and niche items, my prices are higher
than normal to keep the order volume manageable.

Here's where I sit

Total 37,431 items in 10,723 lots available.

Variety and price is a HUGE factor. If you are parting out the same new sets
as everyone else, you will probably have to price low to compete.


Currently this, and a little ebay (which has taken a big backseat) are my primary
income. I get about 4 orders a day or so. Sometimes 6 sometimes none. I don't
need a lot of orders. You really can't tell anything about a stores cashflow
by looking at order volume.