Discussion Forum: Thread 360254

 Author: ExplodingFruit View Messages Posted By ExplodingFruit
 Posted: Jul 20, 2024 16:09
 Subject: Everything 5 cents or less?
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 Topic: Selling
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ExplodingFruit (3395)

Location:  USA, Wisconsin
Member Since Contact Type Status
Apr 22, 2022 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: The Exploding Brick Store
It seems every piece I put in my store depreciates over time. Does everything
go to 5 cents or less? This doesn't happen on PAB, that's rather inflationary.
Is BL a sustainable business model?
 Author: Saitobricks.ca View Messages Posted By Saitobricks.ca
 Posted: Jul 20, 2024 16:17
 Subject: Re: Everything 5 cents or less?
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Saitobricks.ca (64)

Location:  Canada, Ontario
Member Since Contact Type Status
Aug 28, 2021 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: Unlicensed Brick
In Selling, ExplodingFruit writes:
  It seems every piece I put in my store depreciates over time. Does everything
go to 5 cents or less? This doesn't happen on PAB, that's rather inflationary.
Is BL a sustainable business model?

Well, people tend to want to pay less for exploded parts, over the non-exploded.
 Author: ExplodingFruit View Messages Posted By ExplodingFruit
 Posted: Jul 20, 2024 16:21
 Subject: Re: Everything 5 cents or less?
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ExplodingFruit (3395)

Location:  USA, Wisconsin
Member Since Contact Type Status
Apr 22, 2022 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: The Exploding Brick Store
In Selling, Saitobricks.ca writes:
  In Selling, ExplodingFruit writes:
  It seems every piece I put in my store depreciates over time. Does everything
go to 5 cents or less? This doesn't happen on PAB, that's rather inflationary.
Is BL a sustainable business model?

Well, people tend to want to pay less for exploded parts, over the non-exploded.

Exploding Bricks are so much more exciting!
 Author: Saitobricks.ca View Messages Posted By Saitobricks.ca
 Posted: Jul 20, 2024 16:23
 Subject: Re: Everything 5 cents or less?
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Saitobricks.ca (64)

Location:  Canada, Ontario
Member Since Contact Type Status
Aug 28, 2021 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: Unlicensed Brick
In Selling, ExplodingFruit writes:
  In Selling, Saitobricks.ca writes:
  In Selling, ExplodingFruit writes:
  It seems every piece I put in my store depreciates over time. Does everything
go to 5 cents or less? This doesn't happen on PAB, that's rather inflationary.
Is BL a sustainable business model?

Well, people tend to want to pay less for exploded parts, over the non-exploded.

Exploding Bricks are so much more exciting!

But, they do tend to be much harder to build with
 Author: jennnifer View Messages Posted By jennnifer
 Posted: Jul 20, 2024 16:25
 Subject: Re: Everything 5 cents or less?
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jennnifer (3697)

Location:  USA, Illinois
Member Since Contact Type Status
Sep 8, 2009 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Old Grey Bricks
In Selling, ExplodingFruit writes:
  It seems every piece I put in my store depreciates over time. Does everything
go to 5 cents or less? This doesn't happen on PAB, that's rather inflationary.
Is BL a sustainable business model?

I no longer think a small store parting out sets is a sustainable business model.

Too many 'new' stores parting out sets below cost.

Too many stores that can acquire crazy quantities through unknown means.

Too many people selling 'Just below 6 months average!!' over and over
again.

Not as many large anchor stores holding prices steady.

And...

Prices of unsorted LEGO too high as too many people think they can make a quick
buck sorting Used.

~Jen
 Author: jennnifer View Messages Posted By jennnifer
 Posted: Jul 20, 2024 16:26
 Subject: Re: Everything 5 cents or less?
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jennnifer (3697)

Location:  USA, Illinois
Member Since Contact Type Status
Sep 8, 2009 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Old Grey Bricks
In Selling, jennnifer writes:
  In Selling, ExplodingFruit writes:
  It seems every piece I put in my store depreciates over time. Does everything
go to 5 cents or less? This doesn't happen on PAB, that's rather inflationary.
Is BL a sustainable business model?

I no longer think a small store parting out sets is a sustainable business model.

Too many 'new' stores parting out sets below cost.

Too many stores that can acquire crazy quantities through unknown means.

Too many people selling 'Just below 6 months average!!' over and over
again.

Not as many large anchor stores holding prices steady.

And...

Prices of unsorted LEGO too high as too many people think they can make a quick
buck sorting Used.

~Jen

Oh, and I forgot the real kicker: postage costs soaring with no end in sight.
 Author: Saitobricks.ca View Messages Posted By Saitobricks.ca
 Posted: Jul 20, 2024 16:36
 Subject: Re: Everything 5 cents or less?
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Saitobricks.ca (64)

Location:  Canada, Ontario
Member Since Contact Type Status
Aug 28, 2021 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: Unlicensed Brick
In Selling, jennnifer writes:
  In Selling, jennnifer writes:
  In Selling, ExplodingFruit writes:
  It seems every piece I put in my store depreciates over time. Does everything
go to 5 cents or less? This doesn't happen on PAB, that's rather inflationary.
Is BL a sustainable business model?

I no longer think a small store parting out sets is a sustainable business model.

Too many 'new' stores parting out sets below cost.

Too many stores that can acquire crazy quantities through unknown means.

Too many people selling 'Just below 6 months average!!' over and over
again.

Not as many large anchor stores holding prices steady.

And...

Prices of unsorted LEGO too high as too many people think they can make a quick
buck sorting Used.

~Jen

Oh, and I forgot the real kicker: postage costs soaring with no end in sight.

Stop please stop your breaking my heart
Why, do things have to be so difficult these days.

The general store started selling $14 sets for $20 bucks
It happens to be the only source of LEGO for 3 hours in all directions, making
money ever tougher to make.
 Author: Nubs_Select View Messages Posted By Nubs_Select
 Posted: Jul 20, 2024 17:07
 Subject: Re: Everything 5 cents or less?
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Nubs_Select (4836)

Location:  Canada, Ontario
Member Since Contact Type Status
Mar 15, 2016 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Nub's Select
BrickLink Inventories Administrator (?)
In Selling, Saitobricks.ca writes:
  In Selling, jennnifer writes:
  In Selling, jennnifer writes:
  In Selling, ExplodingFruit writes:
  It seems every piece I put in my store depreciates over time. Does everything
go to 5 cents or less? This doesn't happen on PAB, that's rather inflationary.
Is BL a sustainable business model?

I no longer think a small store parting out sets is a sustainable business model.

Too many 'new' stores parting out sets below cost.

Too many stores that can acquire crazy quantities through unknown means.

Too many people selling 'Just below 6 months average!!' over and over
again.

Not as many large anchor stores holding prices steady.

And...

Prices of unsorted LEGO too high as too many people think they can make a quick
buck sorting Used.

~Jen

Oh, and I forgot the real kicker: postage costs soaring with no end in sight.

Stop please stop your breaking my heart
Why, do things have to be so difficult these days.

The general store started selling $14 sets for $20 bucks
It happens to be the only source of LEGO for 3 hours in all directions, making
money ever tougher to make.

have you tried amazon? they often sell sets super cheap just a couple months
after release
 Author: Saitobricks.ca View Messages Posted By Saitobricks.ca
 Posted: Jul 20, 2024 17:13
 Subject: Re: Everything 5 cents or less?
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Saitobricks.ca (64)

Location:  Canada, Ontario
Member Since Contact Type Status
Aug 28, 2021 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: Unlicensed Brick
In Selling, Nubs_Select writes:
  In Selling, Saitobricks.ca writes:
  In Selling, jennnifer writes:
  In Selling, jennnifer writes:
  In Selling, ExplodingFruit writes:
  It seems every piece I put in my store depreciates over time. Does everything
go to 5 cents or less? This doesn't happen on PAB, that's rather inflationary.
Is BL a sustainable business model?

I no longer think a small store parting out sets is a sustainable business model.

Too many 'new' stores parting out sets below cost.

Too many stores that can acquire crazy quantities through unknown means.

Too many people selling 'Just below 6 months average!!' over and over
again.

Not as many large anchor stores holding prices steady.

And...

Prices of unsorted LEGO too high as too many people think they can make a quick
buck sorting Used.

~Jen

Oh, and I forgot the real kicker: postage costs soaring with no end in sight.

Stop please stop your breaking my heart
Why, do things have to be so difficult these days.

The general store started selling $14 sets for $20 bucks
It happens to be the only source of LEGO for 3 hours in all directions, making
money ever tougher to make.

have you tried amazon? they often sell sets super cheap just a couple months
after release

No, never thought of it.
But I will try it.
 Author: ImperialFleet View Messages Posted By ImperialFleet
 Posted: Jul 20, 2024 20:50
 Subject: Re: Everything 5 cents or less?
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ImperialFleet (1810)

Location:  USA, Indiana
Member Since Contact Type Status
Oct 23, 2013 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Aaron`s Bricks
I just scored today at the grocery store (I definitely was not going for groceries,
I mean who needs them ) A ton of sets were discounted 30% off PLUS an additional
25% off of those. So I got $10 sets for roughly $5.50. And I got $50 for $28
and so on. I think I picked up $200 worth of sets for $110. (that includes tax)

And to add to this discussion, (forgive me I didn't read every single reply,
I don't mean to say things that were already stated), retired parts are a
great way to keep up prices. I have plenty of new, modern parts, but I also have
tons of new-old stock, used parts in colors that are no longer produced, PARTS
no longer produced, etc etc. The list goes on, but the bottom line is to expand
your inventory to cover all areas. That way you can draw in every kind of buyer
out there. That's how my store works anyways
 Author: Saitobricks.ca View Messages Posted By Saitobricks.ca
 Posted: Jul 20, 2024 20:55
 Subject: Re: Everything 5 cents or less?
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Saitobricks.ca (64)

Location:  Canada, Ontario
Member Since Contact Type Status
Aug 28, 2021 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: Unlicensed Brick
In Selling, ImperialFleet writes:
  I just scored today at the grocery store (I definitely was not going for groceries,
I mean who needs them ) A ton of sets were discounted 30% off PLUS an additional
25% off of those. So I got $10 sets for roughly $5.50. And I got $50 for $28
and so on. I think I picked up $200 worth of sets for $110. (that includes tax)


Good for you always nice to find a great deal(especially these days)

  And to add to this discussion, (forgive me I didn't read every single reply,
I don't mean to say things that were already stated), retired parts are a
great way to keep up prices. I have plenty of new, modern parts, but I also have
tons of new-old stock, used parts in colors that are no longer produced, PARTS
no longer produced, etc etc. The list goes on, but the bottom line is to expand
your inventory to cover all areas. That way you can draw in every kind of buyer
out there. That's how my store works anyways
 Author: Saitobricks.ca View Messages Posted By Saitobricks.ca
 Posted: Jul 20, 2024 16:38
 Subject: (Cancelled)
 Viewed: 65 times
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Saitobricks.ca (64)

Location:  Canada, Ontario
Member Since Contact Type Status
Aug 28, 2021 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: Unlicensed Brick
(Cancelled)
 Author: SylvainLS View Messages Posted By SylvainLS
 Posted: Jul 20, 2024 16:41
 Subject: Re: Everything 5 cents or less?
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SylvainLS (52)

Location:  France, Nouvelle-Aquitaine
Member Since Contact Type Status
Apr 25, 2014 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: BuyerOnly
BrickLink Discussions Moderator (?)
In Selling, jennnifer writes:
  In Selling, jennnifer writes:
  In Selling, ExplodingFruit writes:
  It seems every piece I put in my store depreciates over time. Does everything
go to 5 cents or less? This doesn't happen on PAB, that's rather inflationary.
Is BL a sustainable business model?

I no longer think a small store parting out sets is a sustainable business model.

Too many 'new' stores parting out sets below cost.

Too many stores that can acquire crazy quantities through unknown means.

Too many people selling 'Just below 6 months average!!' over and over
again.

Not as many large anchor stores holding prices steady.

And...

Prices of unsorted LEGO too high as too many people think they can make a quick
buck sorting Used.

~Jen

Oh, and I forgot the real kicker: postage costs soaring with no end in sight.

And PAB seems to be more known.

But still, number of orders on BL is still in steady progression: https://stats.inspacesync.com/

(And I just noticed the summer deep is getting more pronounced than it was.)
 Author: ExplodingFruit View Messages Posted By ExplodingFruit
 Posted: Jul 20, 2024 16:47
 Subject: Re: Everything 5 cents or less?
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ExplodingFruit (3395)

Location:  USA, Wisconsin
Member Since Contact Type Status
Apr 22, 2022 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: The Exploding Brick Store
In Selling, SylvainLS writes:
  In Selling, jennnifer writes:
  In Selling, jennnifer writes:
  In Selling, ExplodingFruit writes:
  It seems every piece I put in my store depreciates over time. Does everything
go to 5 cents or less? This doesn't happen on PAB, that's rather inflationary.
Is BL a sustainable business model?

I no longer think a small store parting out sets is a sustainable business model.

Too many 'new' stores parting out sets below cost.

Too many stores that can acquire crazy quantities through unknown means.

Too many people selling 'Just below 6 months average!!' over and over
again.

Not as many large anchor stores holding prices steady.

And...

Prices of unsorted LEGO too high as too many people think they can make a quick
buck sorting Used.

~Jen

Oh, and I forgot the real kicker: postage costs soaring with no end in sight.

And PAB seems to be more known.

But still, number of orders on BL is still in steady progression: https://stats.inspacesync.com/

(And I just noticed the summer deep is getting more pronounced than it was.)

I agree, my orders are fine. However, I have to devalue my store to be competitive
on price constantly.
 Author: ExplodingFruit View Messages Posted By ExplodingFruit
 Posted: Jul 20, 2024 16:50
 Subject: Re: Everything 5 cents or less?
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ExplodingFruit (3395)

Location:  USA, Wisconsin
Member Since Contact Type Status
Apr 22, 2022 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: The Exploding Brick Store
In Selling, ExplodingFruit writes:
  In Selling, SylvainLS writes:
  In Selling, jennnifer writes:
  In Selling, jennnifer writes:
  In Selling, ExplodingFruit writes:
  It seems every piece I put in my store depreciates over time. Does everything
go to 5 cents or less? This doesn't happen on PAB, that's rather inflationary.
Is BL a sustainable business model?

I no longer think a small store parting out sets is a sustainable business model.

Too many 'new' stores parting out sets below cost.

Too many stores that can acquire crazy quantities through unknown means.

Too many people selling 'Just below 6 months average!!' over and over
again.

Not as many large anchor stores holding prices steady.

And...

Prices of unsorted LEGO too high as too many people think they can make a quick
buck sorting Used.

~Jen

Oh, and I forgot the real kicker: postage costs soaring with no end in sight.

And PAB seems to be more known.

But still, number of orders on BL is still in steady progression: https://stats.inspacesync.com/

(And I just noticed the summer deep is getting more pronounced than it was.)

I agree, my orders are fine. However, I have to devalue my store to be competitive
on price constantly.

Speaking of PAB...The few times I have ordered, their count accuracy is horrid.
Do not count on getting what you ordered.
 Author: Saitobricks.ca View Messages Posted By Saitobricks.ca
 Posted: Jul 20, 2024 16:53
 Subject: Re: Everything 5 cents or less?
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Saitobricks.ca (64)

Location:  Canada, Ontario
Member Since Contact Type Status
Aug 28, 2021 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: Unlicensed Brick
In Selling, ExplodingFruit writes:
  In Selling, ExplodingFruit writes:
  In Selling, SylvainLS writes:
  In Selling, jennnifer writes:
  In Selling, jennnifer writes:
  In Selling, ExplodingFruit writes:
  It seems every piece I put in my store depreciates over time. Does everything
go to 5 cents or less? This doesn't happen on PAB, that's rather inflationary.
Is BL a sustainable business model?

I no longer think a small store parting out sets is a sustainable business model.

Too many 'new' stores parting out sets below cost.

Too many stores that can acquire crazy quantities through unknown means.

Too many people selling 'Just below 6 months average!!' over and over
again.

Not as many large anchor stores holding prices steady.

And...

Prices of unsorted LEGO too high as too many people think they can make a quick
buck sorting Used.

~Jen

Oh, and I forgot the real kicker: postage costs soaring with no end in sight.

And PAB seems to be more known.

But still, number of orders on BL is still in steady progression: https://stats.inspacesync.com/

(And I just noticed the summer deep is getting more pronounced than it was.)

I agree, my orders are fine. However, I have to devalue my store to be competitive
on price constantly.

Speaking of PAB...The few times I have ordered, their count accuracy is horrid.
Do not count on getting what you ordered.

Not to mention it takes quite a while for them to ship out orders
 Author: Nubs_Select View Messages Posted By Nubs_Select
 Posted: Jul 20, 2024 17:09
 Subject: Re: Everything 5 cents or less?
 Viewed: 73 times
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Nubs_Select (4836)

Location:  Canada, Ontario
Member Since Contact Type Status
Mar 15, 2016 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Nub's Select
BrickLink Inventories Administrator (?)
In Selling, ExplodingFruit writes:
  In Selling, ExplodingFruit writes:
  In Selling, SylvainLS writes:
  In Selling, jennnifer writes:
  In Selling, jennnifer writes:
  In Selling, ExplodingFruit writes:
  It seems every piece I put in my store depreciates over time. Does everything
go to 5 cents or less? This doesn't happen on PAB, that's rather inflationary.
Is BL a sustainable business model?

I no longer think a small store parting out sets is a sustainable business model.

Too many 'new' stores parting out sets below cost.

Too many stores that can acquire crazy quantities through unknown means.

Too many people selling 'Just below 6 months average!!' over and over
again.

Not as many large anchor stores holding prices steady.

And...

Prices of unsorted LEGO too high as too many people think they can make a quick
buck sorting Used.

~Jen

Oh, and I forgot the real kicker: postage costs soaring with no end in sight.

And PAB seems to be more known.

But still, number of orders on BL is still in steady progression: https://stats.inspacesync.com/

(And I just noticed the summer deep is getting more pronounced than it was.)

I agree, my orders are fine. However, I have to devalue my store to be competitive
on price constantly.

Speaking of PAB...The few times I have ordered, their count accuracy is horrid.
Do not count on getting what you ordered.

+1 the best seller parts your lucky if you get within 10% of what you ordered
(but on the flip side it works both ways so sometimes you get extras)
 Author: Saitobricks.ca View Messages Posted By Saitobricks.ca
 Posted: Jul 20, 2024 16:52
 Subject: Re: Everything 5 cents or less?
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Saitobricks.ca (64)

Location:  Canada, Ontario
Member Since Contact Type Status
Aug 28, 2021 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: Unlicensed Brick
In Selling, ExplodingFruit writes:
  In Selling, SylvainLS writes:
  In Selling, jennnifer writes:
  In Selling, jennnifer writes:
  In Selling, ExplodingFruit writes:
  It seems every piece I put in my store depreciates over time. Does everything
go to 5 cents or less? This doesn't happen on PAB, that's rather inflationary.
Is BL a sustainable business model?

I no longer think a small store parting out sets is a sustainable business model.

Too many 'new' stores parting out sets below cost.

Too many stores that can acquire crazy quantities through unknown means.

Too many people selling 'Just below 6 months average!!' over and over
again.

Not as many large anchor stores holding prices steady.

And...

Prices of unsorted LEGO too high as too many people think they can make a quick
buck sorting Used.

~Jen

Oh, and I forgot the real kicker: postage costs soaring with no end in sight.

And PAB seems to be more known.

But still, number of orders on BL is still in steady progression: https://stats.inspacesync.com/

(And I just noticed the summer deep is getting more pronounced than it was.)

I agree, my orders are fine. However, I have to devalue my store to be competitive
on price constantly.

Then others do the same to be competitive with you creating a domino effect.
 Author: Adjour View Messages Posted By Adjour
 Posted: Jul 21, 2024 12:54
 Subject: Re: Everything 5 cents or less?
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Adjour (2741)

Location:  USA, Tennessee
Member Since Contact Type Status
Aug 1, 2016 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: The Chili is a Bit Spicy
Stop lowering your prices and keep listing to add to what you have. Variety wins
over prices.

Like Nub's said, you have to put a ton of capital in before the machine takes
care of itself.


I'm getting so tired of everyone discounting everything constantly. Buyers
will pay "normal" prices if you have good service, quantity and variety.







Crystal
 Author: peregrinator View Messages Posted By peregrinator
 Posted: Jul 22, 2024 11:51
 Subject: Re: Everything 5 cents or less?
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peregrinator (1101)

Location:  USA, New Jersey
Member Since Contact Type Status
Jan 21, 2003 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Faber Family Bricks
In Selling, ExplodingFruit writes:
  I agree, my orders are fine. However, I have to devalue my store to be competitive
on price constantly.

It stands to reason that as time goes on, parts that were once expensive will
come down in price. So the trick is to keep adding new parts to your inventory
- not just parts that you don't have, but parts from new sets that might
be scarce on BL.
 Author: Ziegelmeister View Messages Posted By Ziegelmeister
 Posted: Jul 22, 2024 07:05
 Subject: Re: Everything 5 cents or less?
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Ziegelmeister (612)

Location:  USA, Ohio
Member Since Contact Type Status
Aug 27, 2021 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Ziegelmarkt
In Selling, SylvainLS writes:
  But still, number of orders on BL is still in steady progression: https://stats.inspacesync.com/

That graph needs some lovin'.
 Author: Saitobricks.ca View Messages Posted By Saitobricks.ca
 Posted: Jul 22, 2024 11:41
 Subject: Re: Everything 5 cents or less?
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Saitobricks.ca (64)

Location:  Canada, Ontario
Member Since Contact Type Status
Aug 28, 2021 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: Unlicensed Brick
In Selling, Ziegelmeister writes:
  In Selling, SylvainLS writes:
  But still, number of orders on BL is still in steady progression: https://stats.inspacesync.com/

That graph needs some lovin'.

Especially when it says sales are on the rise
 Author: Nubs_Select View Messages Posted By Nubs_Select
 Posted: Jul 20, 2024 17:13
 Subject: Re: Everything 5 cents or less?
 Viewed: 123 times
 Topic: Selling
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Nubs_Select (4836)

Location:  Canada, Ontario
Member Since Contact Type Status
Mar 15, 2016 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Nub's Select
BrickLink Inventories Administrator (?)
In Selling, ExplodingFruit writes:
  It seems every piece I put in my store depreciates over time. Does everything
go to 5 cents or less? This doesn't happen on PAB, that's rather inflationary.
Is BL a sustainable business model?

its 100% possible to make a living from this but its by no means "easy"
it takes LOTS of capital and LOTS of time if you want to make a living from this.
if your trying to make a living from this you will need to spend years and countless
tens/hundreds of thousands on inventory. cutting prices to be competitive is
like digging your own grave. never cut prices unless you have a really good reason
as in general everything will sell given enough time and since bricklink is a
slow long term game its general not advised to sell parts for super cheap. as
a matter of fact as your store grows you can sell items for higher. in general
most of my specialty used parts sell for many % higher then the 6-month sales
average and I can barely keep some of them in stock
 Author: SirIceCream1001 View Messages Posted By SirIceCream1001
 Posted: Jul 20, 2024 18:32
 Subject: Re: Everything 5 cents or less?
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SirIceCream1001 (821)

Location:  USA, Montana
Member Since Contact Type Status
Oct 24, 2023 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: SirIceCreamMansBrixNFigs
In Selling, Nubs_Select writes:
  In Selling, ExplodingFruit writes:
  It seems every piece I put in my store depreciates over time. Does everything
go to 5 cents or less? This doesn't happen on PAB, that's rather inflationary.
Is BL a sustainable business model?

its 100% possible to make a living from this but its by no means "easy"
it takes LOTS of capital and LOTS of time if you want to make a living from this.

This I get the real 1 reason I would lower my prices is to expand my capital

  if your trying to make a living from this you will need to spend years and countless
tens/hundreds of thousands on inventory. cutting prices to be competitive is
like digging your own grave. never cut prices unless you have a really good reason
as in general everything will sell given enough time and since bricklink is a
slow long term game its general not advised to sell parts for super cheap. as
a matter of fact as your store grows you can sell items for higher. in general
most of my specialty used parts sell for many % higher then the 6-month sales
average and I can barely keep some of them in stock

I’ve “made” $270 this month but I reinvested $271
 Author: Nubs_Select View Messages Posted By Nubs_Select
 Posted: Jul 20, 2024 19:04
 Subject: Re: Everything 5 cents or less?
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Nubs_Select (4836)

Location:  Canada, Ontario
Member Since Contact Type Status
Mar 15, 2016 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Nub's Select
BrickLink Inventories Administrator (?)
In Selling, SirIceCream1001 writes:
  In Selling, Nubs_Select writes:
  In Selling, ExplodingFruit writes:
  It seems every piece I put in my store depreciates over time. Does everything
go to 5 cents or less? This doesn't happen on PAB, that's rather inflationary.
Is BL a sustainable business model?

its 100% possible to make a living from this but its by no means "easy"
it takes LOTS of capital and LOTS of time if you want to make a living from this.

This I get the real 1 reason I would lower my prices is to expand my capital


which can work to a point but if you cutting prices to try to complete on a piece
to piece basis it will only hurt you overall. if your selling it so low that
your making less then 2x (at the very least) on new set part outs then that is
a problem but yes cash flow is a very important thing

  
  if your trying to make a living from this you will need to spend years and countless
tens/hundreds of thousands on inventory. cutting prices to be competitive is
like digging your own grave. never cut prices unless you have a really good reason
as in general everything will sell given enough time and since bricklink is a
slow long term game its general not advised to sell parts for super cheap. as
a matter of fact as your store grows you can sell items for higher. in general
most of my specialty used parts sell for many % higher then the 6-month sales
average and I can barely keep some of them in stock

I’ve “made” $270 this month but I reinvested $271

 Author: SirIceCream1001 View Messages Posted By SirIceCream1001
 Posted: Jul 20, 2024 21:33
 Subject: Re: Everything 5 cents or less?
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SirIceCream1001 (821)

Location:  USA, Montana
Member Since Contact Type Status
Oct 24, 2023 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: SirIceCreamMansBrixNFigs
In Selling, Nubs_Select writes:
  In Selling, SirIceCream1001 writes:
  In Selling, Nubs_Select writes:
  In Selling, ExplodingFruit writes:
  It seems every piece I put in my store depreciates over time. Does everything
go to 5 cents or less? This doesn't happen on PAB, that's rather inflationary.
Is BL a sustainable business model?

its 100% possible to make a living from this but its by no means "easy"
it takes LOTS of capital and LOTS of time if you want to make a living from this.

This I get the real 1 reason I would lower my prices is to expand my capital


which can work to a point but if you cutting prices to try to complete on a piece
to piece basis it will only hurt you overall. if your selling it so low that
your making less then 2x (at the very least) on new set part outs then that is
a problem

For sure I wouldn’t to it just because of the tremendous amount of work that
that would take. Definitely not worth it

  but yes cash flow is a very important thing

I try to limit myself to investing $10 out of pocket every month
We shall see how long that lasts

  
  
  if your trying to make a living from this you will need to spend years and countless
tens/hundreds of thousands on inventory. cutting prices to be competitive is
like digging your own grave. never cut prices unless you have a really good reason
as in general everything will sell given enough time and since bricklink is a
slow long term game its general not advised to sell parts for super cheap. as
a matter of fact as your store grows you can sell items for higher.
most of my specialty used parts sell for many % higher then the 6-month sales

That’s where I want to get soon size wise

  
  
  average and I can barely keep some of them in stock

Wouldn’t that be nice

  
  
I’ve “made” $270 this month but I reinvested $271

 Author: Nubs_Select View Messages Posted By Nubs_Select
 Posted: Jul 20, 2024 21:36
 Subject: Re: Everything 5 cents or less?
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Nubs_Select (4836)

Location:  Canada, Ontario
Member Since Contact Type Status
Mar 15, 2016 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Nub's Select
BrickLink Inventories Administrator (?)
In Selling, SirIceCream1001 writes:
  In Selling, Nubs_Select writes:
  In Selling, SirIceCream1001 writes:
  In Selling, Nubs_Select writes:
  In Selling, ExplodingFruit writes:
  It seems every piece I put in my store depreciates over time. Does everything
go to 5 cents or less? This doesn't happen on PAB, that's rather inflationary.
Is BL a sustainable business model?

its 100% possible to make a living from this but its by no means "easy"
it takes LOTS of capital and LOTS of time if you want to make a living from this.

This I get the real 1 reason I would lower my prices is to expand my capital


which can work to a point but if you cutting prices to try to complete on a piece
to piece basis it will only hurt you overall. if your selling it so low that
your making less then 2x (at the very least) on new set part outs then that is
a problem

For sure I wouldn’t to it just because of the tremendous amount of work that
that would take. Definitely not worth it

  but yes cash flow is a very important thing

I try to limit myself to investing $10 out of pocket every month
We shall see how long that lasts


I've heard 11 is the special number
https://www.bricklink.com/message.asp?ID=1478702


  
  
  
  if your trying to make a living from this you will need to spend years and countless
tens/hundreds of thousands on inventory. cutting prices to be competitive is
like digging your own grave. never cut prices unless you have a really good reason
as in general everything will sell given enough time and since bricklink is a
slow long term game its general not advised to sell parts for super cheap. as
a matter of fact as your store grows you can sell items for higher.
most of my specialty used parts sell for many % higher then the 6-month sales

That’s where I want to get soon size wise


Best of luck!

  
  
  
  average and I can barely keep some of them in stock

Wouldn’t that be nice


  
  
  
I’ve “made” $270 this month but I reinvested $271

 Author: ImperialFleet View Messages Posted By ImperialFleet
 Posted: Jul 20, 2024 22:43
 Subject: Re: Everything 5 cents or less?
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ImperialFleet (1810)

Location:  USA, Indiana
Member Since Contact Type Status
Oct 23, 2013 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Aaron`s Bricks
Hey Nubs, this is kinda outta the blue, but remember when I purchased 50 indiana
jones heads from you? Just wanted to say thanks lol.
 Author: Nubs_Select View Messages Posted By Nubs_Select
 Posted: Jul 20, 2024 22:49
 Subject: Re: Everything 5 cents or less?
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Nubs_Select (4836)

Location:  Canada, Ontario
Member Since Contact Type Status
Mar 15, 2016 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Nub's Select
BrickLink Inventories Administrator (?)
In Selling, ImperialFleet writes:
  Hey Nubs, this is kinda outta the blue, but remember when I purchased 50 indiana
jones heads from you? Just wanted to say thanks lol.

🍕🍕🍕🍕🍕 good times!
 Author: ImperialFleet View Messages Posted By ImperialFleet
 Posted: Jul 21, 2024 01:17
 Subject: Re: Everything 5 cents or less?
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ImperialFleet (1810)

Location:  USA, Indiana
Member Since Contact Type Status
Oct 23, 2013 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Aaron`s Bricks
The good ol days of the pizza gang Say, haven't seen Giraffe around lately
 Author: Nubs_Select View Messages Posted By Nubs_Select
 Posted: Jul 22, 2024 00:12
 Subject: Re: Everything 5 cents or less?
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Nubs_Select (4836)

Location:  Canada, Ontario
Member Since Contact Type Status
Mar 15, 2016 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Nub's Select
BrickLink Inventories Administrator (?)
In Selling, ImperialFleet writes:
  The good ol days of the pizza gang Say, haven't seen Giraffe around lately

Indeed. Hopefully he will return soon!
 Author: Saitobricks.ca View Messages Posted By Saitobricks.ca
 Posted: Jul 22, 2024 11:31
 Subject: Re: Everything 5 cents or less?
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Saitobricks.ca (64)

Location:  Canada, Ontario
Member Since Contact Type Status
Aug 28, 2021 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: Unlicensed Brick
In Selling, ImperialFleet writes:
  The good ol days of the pizza gang Say, haven't seen Giraffe around lately

I don’t think I’ve seen one post from ‘em this year.
 Author: Nubs_Select View Messages Posted By Nubs_Select
 Posted: Jul 22, 2024 11:39
 Subject: Re: Everything 5 cents or less?
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Nubs_Select (4836)

Location:  Canada, Ontario
Member Since Contact Type Status
Mar 15, 2016 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Nub's Select
BrickLink Inventories Administrator (?)
In Selling, Saitobricks.ca writes:
  In Selling, ImperialFleet writes:
  The good ol days of the pizza gang Say, haven't seen Giraffe around lately

I don’t think I’ve seen one post from ‘em this year.

They got busy with some things so they might a while
 Author: Saitobricks.ca View Messages Posted By Saitobricks.ca
 Posted: Jul 22, 2024 11:48
 Subject: Re: Everything 5 cents or less?
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Saitobricks.ca (64)

Location:  Canada, Ontario
Member Since Contact Type Status
Aug 28, 2021 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: Unlicensed Brick
In Selling, Nubs_Select writes:
  In Selling, Saitobricks.ca writes:
  In Selling, ImperialFleet writes:
  The good ol days of the pizza gang Say, haven't seen Giraffe around lately

I don’t think I’ve seen one post from ‘em this year.

They got busy with some things so they might a while

BTW someone uploaded 5 monkie kid figs without dimensions again.
 Author: Nubs_Select View Messages Posted By Nubs_Select
 Posted: Jul 22, 2024 11:50
 Subject: Re: Everything 5 cents or less?
 Viewed: 46 times
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Nubs_Select (4836)

Location:  Canada, Ontario
Member Since Contact Type Status
Mar 15, 2016 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Nub's Select
BrickLink Inventories Administrator (?)
In Selling, Saitobricks.ca writes:
  In Selling, Nubs_Select writes:
  In Selling, Saitobricks.ca writes:
  In Selling, ImperialFleet writes:
  The good ol days of the pizza gang Say, haven't seen Giraffe around lately

I don’t think I’ve seen one post from ‘em this year.

They got busy with some things so they might a while

BTW someone uploaded 5 monkie kid figs without dimensions again.

The dimensions are pending approval Jennifer often does the dimensions a little
after the listing but if you see “Jennifer” added it then you can be confident
it will have them soon enough
 Author: qwertyboy View Messages Posted By qwertyboy
 Posted: Jul 22, 2024 12:17
 Subject: Re: Everything 5 cents or less?
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qwertyboy (8629)

Location:  Canada, Alberta
Member Since Contact Type Status
Apr 9, 2013 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Maple Bricks
In Selling, Nubs_Select writes:
  In Selling, Saitobricks.ca writes:
  In Selling, Nubs_Select writes:
  In Selling, Saitobricks.ca writes:
  In Selling, ImperialFleet writes:
  The good ol days of the pizza gang Say, haven't seen Giraffe around lately

I don’t think I’ve seen one post from ‘em this year.

They got busy with some things so they might a while

BTW someone uploaded 5 monkie kid figs without dimensions again.

The dimensions are pending approval Jennifer often does the dimensions a little
after the listing but if you see “Jennifer” added it then you can be confident
it will have them soon enough

... and if it actually says "Jennifer" you know you are being duped.
The person doing all those awesome catalog contributions (and a former inventory
admin) is actually "jennnifer" with 3x "n".

Niek.
 Author: Nubs_Select View Messages Posted By Nubs_Select
 Posted: Jul 22, 2024 12:27
 Subject: Re: Everything 5 cents or less?
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Nubs_Select (4836)

Location:  Canada, Ontario
Member Since Contact Type Status
Mar 15, 2016 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Nub's Select
BrickLink Inventories Administrator (?)
In Selling, qwertyboy writes:
  In Selling, Nubs_Select writes:
  In Selling, Saitobricks.ca writes:
  In Selling, Nubs_Select writes:
  In Selling, Saitobricks.ca writes:
  In Selling, ImperialFleet writes:
  The good ol days of the pizza gang Say, haven't seen Giraffe around lately

I don’t think I’ve seen one post from ‘em this year.

They got busy with some things so they might a while

BTW someone uploaded 5 monkie kid figs without dimensions again.

The dimensions are pending approval Jennifer often does the dimensions a little
after the listing but if you see “Jennifer” added it then you can be confident
it will have them soon enough

... and if it actually says "Jennifer" you know you are being duped.
The person doing all those awesome catalog contributions (and a former inventory
admin) is actually "jennnifer" with 3x "n".

Niek.

Oops! Good catch!
 Author: Saitobricks.ca View Messages Posted By Saitobricks.ca
 Posted: Jul 22, 2024 12:29
 Subject: Re: Everything 5 cents or less?
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Saitobricks.ca (64)

Location:  Canada, Ontario
Member Since Contact Type Status
Aug 28, 2021 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: Unlicensed Brick
In Selling, qwertyboy writes:
  In Selling, Nubs_Select writes:
  In Selling, Saitobricks.ca writes:
  In Selling, Nubs_Select writes:
  In Selling, Saitobricks.ca writes:
  In Selling, ImperialFleet writes:
  The good ol days of the pizza gang Say, haven't seen Giraffe around lately

I don’t think I’ve seen one post from ‘em this year.

They got busy with some things so they might a while

BTW someone uploaded 5 monkie kid figs without dimensions again.

The dimensions are pending approval Jennifer often does the dimensions a little
after the listing but if you see “Jennifer” added it then you can be confident
it will have them soon enough

... and if it actually says "Jennifer" you know you are being duped.
The person doing all those awesome catalog contributions (and a former inventory
admin) is actually "jennnifer" with 3x "n".

Niek.

Good to know
 Author: Saitobricks.ca View Messages Posted By Saitobricks.ca
 Posted: Jul 22, 2024 12:27
 Subject: Re: Everything 5 cents or less?
 Viewed: 52 times
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Saitobricks.ca (64)

Location:  Canada, Ontario
Member Since Contact Type Status
Aug 28, 2021 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: Unlicensed Brick
In Selling, Nubs_Select writes:
  In Selling, Saitobricks.ca writes:
  In Selling, Nubs_Select writes:
  In Selling, Saitobricks.ca writes:
  In Selling, ImperialFleet writes:
  The good ol days of the pizza gang Say, haven't seen Giraffe around lately

I don’t think I’ve seen one post from ‘em this year.

They got busy with some things so they might a while

BTW someone uploaded 5 monkie kid figs without dimensions again.

The dimensions are pending approval Jennifer often does the dimensions a little
after the listing but if you see “Jennifer” added it then you can be confident
it will have them soon enough

Good to hear.
 Author: SylvainLS View Messages Posted By SylvainLS
 Posted: Jul 22, 2024 11:42
 Subject: Re: Everything 5 cents or less?
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SylvainLS (52)

Location:  France, Nouvelle-Aquitaine
Member Since Contact Type Status
Apr 25, 2014 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: BuyerOnly
BrickLink Discussions Moderator (?)
In Selling, Saitobricks.ca writes:
  In Selling, ImperialFleet writes:
  The good ol days of the pizza gang Say, haven't seen Giraffe around lately

I don’t think I’ve seen one post from ‘em this year.

Their last message on the forum: https://www.bricklink.com/message.asp?ID=1422393
 Author: Amazingly View Messages Posted By Amazingly
 Posted: Jul 20, 2024 19:22
 Subject: Re: Everything 5 cents or less?
 Viewed: 81 times
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Amazingly (15951)

Location:  USA, Florida
Member Since Contact Type Status
Apr 10, 2021 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Amazingly Amazing
In Selling, SirIceCream1001 writes:
  In Selling, Nubs_Select writes:
  In Selling, ExplodingFruit writes:
  It seems every piece I put in my store depreciates over time. Does everything
go to 5 cents or less? This doesn't happen on PAB, that's rather inflationary.
Is BL a sustainable business model?

its 100% possible to make a living from this but its by no means "easy"
it takes LOTS of capital and LOTS of time if you want to make a living from this.

This I get the real 1 reason I would lower my prices is to expand my capital

  if your trying to make a living from this you will need to spend years and countless
tens/hundreds of thousands on inventory. cutting prices to be competitive is
like digging your own grave. never cut prices unless you have a really good reason
as in general everything will sell given enough time and since bricklink is a
slow long term game its general not advised to sell parts for super cheap. as
a matter of fact as your store grows you can sell items for higher. in general
most of my specialty used parts sell for many % higher then the 6-month sales
average and I can barely keep some of them in stock

I’ve “made” $270 this month but I reinvested $271

I've made over 20 grand and spent over 20 grand. Don't worry be happy
 Author: Amazingly View Messages Posted By Amazingly
 Posted: Jul 20, 2024 19:29
 Subject: Re: Everything 5 cents or less?
 Viewed: 84 times
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Amazingly (15951)

Location:  USA, Florida
Member Since Contact Type Status
Apr 10, 2021 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Amazingly Amazing
In Selling, Nubs_Select writes:
  In Selling, ExplodingFruit writes:
  It seems every piece I put in my store depreciates over time. Does everything
go to 5 cents or less? This doesn't happen on PAB, that's rather inflationary.
Is BL a sustainable business model?

its 100% possible to make a living from this but its by no means "easy"
it takes LOTS of capital and LOTS of time if you want to make a living from this.
if your trying to make a living from this you will need to spend years and countless
tens/hundreds of thousands on inventory. cutting prices to be competitive is
like digging your own grave. never cut prices unless you have a really good reason
as in general everything will sell given enough time and since bricklink is a
slow long term game its general not advised to sell parts for super cheap. as
a matter of fact as your store grows you can sell items for higher. in general
most of my specialty used parts sell for many % higher then the 6-month sales
average and I can barely keep some of them in stock.

This looks like it would be my reply if I knew how to write as well as Nubs.
Well said
 Author: Nubs_Select View Messages Posted By Nubs_Select
 Posted: Jul 20, 2024 19:34
 Subject: Re: Everything 5 cents or less?
 Viewed: 72 times
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Nubs_Select (4836)

Location:  Canada, Ontario
Member Since Contact Type Status
Mar 15, 2016 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Nub's Select
BrickLink Inventories Administrator (?)
In Selling, Amazingly writes:
  In Selling, Nubs_Select writes:
  In Selling, ExplodingFruit writes:
  It seems every piece I put in my store depreciates over time. Does everything
go to 5 cents or less? This doesn't happen on PAB, that's rather inflationary.
Is BL a sustainable business model?

its 100% possible to make a living from this but its by no means "easy"
it takes LOTS of capital and LOTS of time if you want to make a living from this.
if your trying to make a living from this you will need to spend years and countless
tens/hundreds of thousands on inventory. cutting prices to be competitive is
like digging your own grave. never cut prices unless you have a really good reason
as in general everything will sell given enough time and since bricklink is a
slow long term game its general not advised to sell parts for super cheap. as
a matter of fact as your store grows you can sell items for higher. in general
most of my specialty used parts sell for many % higher then the 6-month sales
average and I can barely keep some of them in stock.

This looks like it would be my reply if I knew how to write as well as Nubs.
Well said

just waiting for the sly vans to tear apart my grammar
 Author: 1001bricks View Messages Posted By 1001bricks
 Posted: Jul 20, 2024 19:38
 Subject: Re: Everything 5 cents or less?
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 Topic: Selling
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1001bricks (55747)

Location:  France, Provence-Alpes-Côte d'Azur
Member Since Contact Type Status
Sep 6, 2005 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: 1001bricks
In Selling, Nubs_Select writes:
  In Selling, Amazingly writes:
  In Selling, Nubs_Select writes:
  In Selling, ExplodingFruit writes:
  It seems every piece I put in my store depreciates over time. Does everything
go to 5 cents or less? This doesn't happen on PAB, that's rather inflationary.
Is BL a sustainable business model?

its 100% possible to make a living from this but its by no means "easy"
it takes LOTS of capital and LOTS of time if you want to make a living from this.
if your trying to make a living from this you will need to spend years and countless
tens/hundreds of thousands on inventory. cutting prices to be competitive is
like digging your own grave. never cut prices unless you have a really good reason
as in general everything will sell given enough time and since bricklink is a
slow long term game its general not advised to sell parts for super cheap. as
a matter of fact as your store grows you can sell items for higher. in general
most of my specialty used parts sell for many % higher then the 6-month sales
average and I can barely keep some of them in stock.

This looks like it would be my reply if I knew how to write as well as Nubs.
Well said

just waiting for the sly vans to tear apart my grammar

No, just punctuations and paragraphs usage at least

But sure the post was good
 Author: Saitobricks.ca View Messages Posted By Saitobricks.ca
 Posted: Jul 20, 2024 19:46
 Subject: Re: Everything 5 cents or less?
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Saitobricks.ca (64)

Location:  Canada, Ontario
Member Since Contact Type Status
Aug 28, 2021 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: Unlicensed Brick
In Selling, Nubs_Select writes:
  In Selling, Amazingly writes:
  In Selling, Nubs_Select writes:
  In Selling, ExplodingFruit writes:
  It seems every piece I put in my store depreciates over time. Does everything
go to 5 cents or less? This doesn't happen on PAB, that's rather inflationary.
Is BL a sustainable business model?

its 100% possible to make a living from this but its by no means "easy"
it takes LOTS of capital and LOTS of time if you want to make a living from this.
if your trying to make a living from this you will need to spend years and countless
tens/hundreds of thousands on inventory. cutting prices to be competitive is
like digging your own grave. never cut prices unless you have a really good reason
as in general everything will sell given enough time and since bricklink is a
slow long term game its general not advised to sell parts for super cheap. as
a matter of fact as your store grows you can sell items for higher. in general
most of my specialty used parts sell for many % higher then the 6-month sales
average and I can barely keep some of them in stock.

This looks like it would be my reply if I knew how to write as well as Nubs.
Well said

just waiting for the sly vans to tear apart my grammar

“Coming this fall!” ATTACK OF THE HYPER CRITICAL MODS!
 Author: runner.caller View Messages Posted By runner.caller
 Posted: Jul 22, 2024 16:05
 Subject: Re: Everything 5 cents or less?
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runner.caller (2856)

Location:  USA, South Dakota
Member Since Contact Type Status
Jan 18, 2014 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: A Minifig Galore Store
  In Selling, Nubs_Select writes:
its 100% possible to make a living from this but its by no means "easy"
it takes LOTS of capital and LOTS of time if you want to make a living from this.

Does it even require forcing your family members to sort for you and only feeding
them pizza as means of repayment ?
 Author: Nubs_Select View Messages Posted By Nubs_Select
 Posted: Jul 22, 2024 16:13
 Subject: Re: Everything 5 cents or less?
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Nubs_Select (4836)

Location:  Canada, Ontario
Member Since Contact Type Status
Mar 15, 2016 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Nub's Select
BrickLink Inventories Administrator (?)
In Selling, runner.caller writes:
  
  In Selling, Nubs_Select writes:
its 100% possible to make a living from this but its by no means "easy"
it takes LOTS of capital and LOTS of time if you want to make a living from this.

Does it even require forcing your family members to sort for you and only feeding
them pizza as means of repayment ?

that's an option
 Author: 1001bricks View Messages Posted By 1001bricks
 Posted: Jul 20, 2024 19:27
 Subject: Re: Everything 5 cents or less?
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1001bricks (55747)

Location:  France, Provence-Alpes-Côte d'Azur
Member Since Contact Type Status
Sep 6, 2005 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: 1001bricks
In Selling, ExplodingFruit writes:
  It seems every piece I put in my store depreciates over time. Does everything
go to 5 cents or less?

Oh you can easily find New parts below the cent (dollar or euro), by lots of
tens of thousands!

Here I decided a New Part floor price, whatever the buying cost is.

Because at this level the problem is that the time cost (salary) may be higher
than the margin - and then in short it simply costs you to pick too cheap parts.
 Author: UTLF View Messages Posted By UTLF
 Posted: Jul 20, 2024 19:55
 Subject: (Cancelled)
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UTLF (1302)

Location:  Canada, British Columbia
Member Since Contact Type Status
Oct 27, 2018 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: UTLF
(Cancelled)
 Author: ExplodingFruit View Messages Posted By ExplodingFruit
 Posted: Jul 20, 2024 19:57
 Subject: Re: Everything 5 cents or less?
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ExplodingFruit (3395)

Location:  USA, Wisconsin
Member Since Contact Type Status
Apr 22, 2022 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: The Exploding Brick Store
In Selling, UTLF writes:
  Yeah, it seems like the only good way to profit off of parts is to either have
a ton of the same pieces, or to constantly be on top of buying & parting out
new sets to maximize what you get for new molds/recolours and minifigs before
the everyone else lists them

It's just an ongoing cycle that never seems to end

I agree. New molds I parted out 2 months ago are now selling at half the price.
 Author: bb18295 View Messages Posted By bb18295
 Posted: Jul 21, 2024 13:14
 Subject: Re: Everything 5 cents or less?
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bb18295 (8887)

Location:  USA
Member Since Contact Type Status
Feb 12, 2003 Member Does Not Allow Contact Seller
No Longer RegisteredNo Longer Registered
Store Closed Store: store18295
No Longer Registered
Prices constantly spiraling downward was one of the main reasons I stopped selling
here. So many sellers (especially newer sellers) wanted to have the lowest prices
so they could appear first in the search results. As the number of new stores
increased and prices continued spiraling downward, it got to the point where
I decided it just wasn't worth it for me anymore.

But the thing is there are quite a lot of successful sellers here who do not
have the cheapest prices. They compete by having a better broader selection,
better service, and building a loyal following. For every seller who prices
below average there is one who prices above average.

If your selling strategy is to have the cheapest prices, you are going to be
disappointed and frustrated by the minimal returns you make for the effort you
put in here. There will ALWAYS be someone willing to sell cheaper than you.

Foster
 Author: SirIceCream1001 View Messages Posted By SirIceCream1001
 Posted: Jul 21, 2024 14:19
 Subject: Re: Everything 5 cents or less?
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SirIceCream1001 (821)

Location:  USA, Montana
Member Since Contact Type Status
Oct 24, 2023 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: SirIceCreamMansBrixNFigs
In Selling, ToriHada writes:
  Prices constantly spiraling downward was one of the main reasons I stopped selling
here. So many sellers (especially newer sellers) wanted to have the lowest prices
so they could appear first in the search results. As the number of new stores
increased and prices continued spiraling downward, it got to the point where
I decided it just wasn't worth it for me anymore.

But the thing is there are quite a lot of successful sellers here who do not
have the cheapest prices. They compete by having a better broader selection,
better service, and building a loyal following. For every seller who prices
below average there is one who prices above average.

If your selling strategy is to have the cheapest prices, you are going to be
disappointed and frustrated by the minimal returns you make for the effort you
put in here. There will ALWAYS be someone willing to sell cheaper than you.

Even if that means that they sell it for free apparently

  
Foster
 
 Author: ImperialFleet View Messages Posted By ImperialFleet
 Posted: Jul 21, 2024 14:31
 Subject: Re: Everything 5 cents or less?
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ImperialFleet (1810)

Location:  USA, Indiana
Member Since Contact Type Status
Oct 23, 2013 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Aaron`s Bricks
20% off of free seems like a good discount
 Author: Nubs_Select View Messages Posted By Nubs_Select
 Posted: Jul 22, 2024 00:25
 Subject: Re: Everything 5 cents or less?
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Nubs_Select (4836)

Location:  Canada, Ontario
Member Since Contact Type Status
Mar 15, 2016 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Nub's Select
BrickLink Inventories Administrator (?)
In Selling, ImperialFleet writes:
  20% off of free seems like a good discount

Now that’s a good sale if they ever get in the gift card business I might
have to take a look
 Author: Saitobricks.ca View Messages Posted By Saitobricks.ca
 Posted: Jul 22, 2024 11:40
 Subject: Re: Everything 5 cents or less?
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Saitobricks.ca (64)

Location:  Canada, Ontario
Member Since Contact Type Status
Aug 28, 2021 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: Unlicensed Brick
In Selling, Nubs_Select writes:
  In Selling, ImperialFleet writes:
  20% off of free seems like a good discount

Now that’s a good sale if they ever get in the gift card business I might
have to take a look

I might look, but I think I might need free shipping and a 50% off discount for
orders over 2 cents
 Author: Familybuild View Messages Posted By Familybuild
 Posted: Jul 23, 2024 10:33
 Subject: Re: Everything 5 cents or less?
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Familybuild (198)

Location:  Netherlands, Zuid-Holland
Member Since Contact Type Status
Nov 16, 2022 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: FamilyBuilds
In Selling, ExplodingFruit writes:
  It seems every piece I put in my store depreciates over time. Does everything
go to 5 cents or less? This doesn't happen on PAB, that's rather inflationary.
Is BL a sustainable business model?

I set my prices to current inventory average, these tend to be higher as the
6 month sale average.

I run this store next to a fulltime job; so i rather have a couple orders a week
with some actual margine, then 5 orders a day with little profit.

Personally i think people selling below average, are not really serious in the
long run.
If you keep devalue the 6 month average you might as well value your time and
give everything for free right away..

Regards