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?
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.
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.
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.
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.
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.
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.
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
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
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
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
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.
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.
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.
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.
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.
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.
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.
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
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
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
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
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
Best of luck!
average and I can barely keep some of them in stock
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
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".
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".
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".
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
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
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
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
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
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!
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 ?
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 ?
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.
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.
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.
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
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..