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Stories about Storage Auctions / Re: I may have made a BIG boo-boo.....
« on: December 23, 2011, 09:58:29 AM »
RE: if they can make money too...fine with me.
Yes, that theory works fine and I do that ONCE IN A WHILE, but at the flea I am in the business of selling to the end user for the most part.
In other words I pretty much know the value of what I have for sale and want to make the most I can. If I have an item I know would go for $30 on eBay I will try to sell it for $20 to $30 at the flea also. The biggest eBay seller I know (15,000 plus feedback) doesn't even shop my booth as he knows I too buy cheap from unknowing sellers looking for a 2 to 10 times return on my investment.
I have a set (7 DVDS) boxed of Japanese animation and when I told a fellow $30 the other day his comment was "You know what you've got...a lot of people don't". Ordinary DVDs go for $3. When one fellow said "Is that the price for all of them?" He had a thick box of 6 dvds (a series set) in his hand. CLOWN. Give me a break...even the dumbest minority group seller at my flea is smarter than that.
On DVDs: several years ago I bought 600 or so DVDs from a mom and pop store that went out of biz. I think I paid $1k for them. At that time I was getting $6 a DVD...of course the best ones went first. By the time I was down to about 200 discs I was selling them at $4 and still getting it. Now when I get 50 or so good ones in a lkr I go through and get the ones I want first and then everything goes at $3 for singles and $10 to $12 for sets of 4 or more. Some people when they hear $3 just walk off...I know times are tough, but if you want a virtually new DVD in the box for less than $3, you have some looking to do. You can't even RENT a dvd for $3 (in a brick and mortar store) let alone OWN it, and if you go to Blockbuster or Red Box Kiosk you have made two trips to the store.
Also, when someone tries to get me down on $3 for a kids DVD I have to educate them (not that they don't already know) that a child will play a DVD so many times that the cost per viewing would be about 25 cents per viewing...that's cheap babysitting.
Yes, that theory works fine and I do that ONCE IN A WHILE, but at the flea I am in the business of selling to the end user for the most part.
In other words I pretty much know the value of what I have for sale and want to make the most I can. If I have an item I know would go for $30 on eBay I will try to sell it for $20 to $30 at the flea also. The biggest eBay seller I know (15,000 plus feedback) doesn't even shop my booth as he knows I too buy cheap from unknowing sellers looking for a 2 to 10 times return on my investment.
I have a set (7 DVDS) boxed of Japanese animation and when I told a fellow $30 the other day his comment was "You know what you've got...a lot of people don't". Ordinary DVDs go for $3. When one fellow said "Is that the price for all of them?" He had a thick box of 6 dvds (a series set) in his hand. CLOWN. Give me a break...even the dumbest minority group seller at my flea is smarter than that.
On DVDs: several years ago I bought 600 or so DVDs from a mom and pop store that went out of biz. I think I paid $1k for them. At that time I was getting $6 a DVD...of course the best ones went first. By the time I was down to about 200 discs I was selling them at $4 and still getting it. Now when I get 50 or so good ones in a lkr I go through and get the ones I want first and then everything goes at $3 for singles and $10 to $12 for sets of 4 or more. Some people when they hear $3 just walk off...I know times are tough, but if you want a virtually new DVD in the box for less than $3, you have some looking to do. You can't even RENT a dvd for $3 (in a brick and mortar store) let alone OWN it, and if you go to Blockbuster or Red Box Kiosk you have made two trips to the store.
Also, when someone tries to get me down on $3 for a kids DVD I have to educate them (not that they don't already know) that a child will play a DVD so many times that the cost per viewing would be about 25 cents per viewing...that's cheap babysitting.