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Subject: 
Re: Streamlining the parts selling process
Newsgroups: 
lugnet.market.theory
Date: 
Thu, 30 Nov 2000 01:57:21 GMT
Viewed: 
711 times
  
In lugnet.market.theory, Lindsay Frederick Braun writes:
In lugnet.market.theory, Frank Filz writes:
Larry Pieniazek wrote:
What you see when you go to Mike Stanley's store is what's left after all
the big buyers in GoB have picked it over. A lot of the good stuff doesn't
make it out to the public because we snap it up.

This discussion is getting me thinking about how to clear out some of
the parts overstock I'm experiencing. I have not typically been buying
sets to break down for parts,

There are many sets that I bought only for certain parts...there are very
few available sets that I buy for the model nowadays...In the past I was
able to auction the rest of the parts, so as to make the parts I kept
*free*...  the market is more competitve now, so it is increasigly harder to
keep the Lego hobby self-sustaining, let alone profitable.

but there are some types of parts which
are probably desireable that I have tons of. Large orders would
certainly make it easier for me to get going on selling stuff.

  You know what I'm going to say...sell what you can, and then
  when you get a significant backlog of certain sorts of parts,
  it's eBay time...

I *used* to put up half or 3 quarters of the total amount of a certain
element for auction...saving the rest for trade or future use/sale.  I have
a better grasp of my consumption/utility priorities now, so I have
discontinued ths practice...

I'm also imaginging that I'll be selling some lots on eBay for
approximately shipping cost just to avoid having to decide to throw away
parts in low demand.

  ...I've almost never had to do this.  Case in point:  An insane
  number of grey and tan 1x2 plates with 90-degree 1x4 half-thickness
  plate w/studs.  (Don't know what else to call it.)  I had about 100
  of them on offer--and pulled in about $20.  I was really quite
  shocked, and it's less than ten cents per piece, but I was prepared
  to get $5.  When you get to a certain level of bulk, I'm now almost
  convinced you'll always get enough to make it worthwhile...and
  there's almost always someone out there who *needs* that many for
  some unknown reason.

Quantity is often key...remember Lindsay when 10 Biker Scouts fetched
$25-$30 but 30 or 40 of the same figure fetched much more... I imagine
sellig stormtroopers by the dozens could be lucrative in the short term = )

One question is how to easily connect with what people are looking for.

  I don't know, it seems that Brickbay should be the perfect method.
  Only the tools might be refined, over time.

Another issue is that much of my overstock is sorted into my parts bins.
That means I can no longer guarantee it is new (but I could fulfill
parts orders as "like new" since 95% of the parts are new [and I've
started putting bricks and basic plates from used sets into a "used"
bucket instead of my parts bins]).

  Ack, you've started a *second* bin system?  I'm still without
  a clue as to how you store the new stuff in the first place!

There are definitely parts which if I got clued into a bulk need for,
would be worth my while to dig up...[snip]

  All of my intel comes from reading LUGnet and clues gleaned
  from other trades and sales...and browsing eBay.  There's also
  a lot to be said for correspondence with other sellers--I've
  gotten a lot of good hints from John Kanehl, for one, in themes
  that I don't usually follow.

HIGH PRAISE, indeed!  (Lindsay taught me more about the selling cycles and
the eccentricities of the Pirate theme than months of eBay searching.)  Safe
to say, I learned as much or more = )

On the flip side, I haven't bought many individual parts recently. Even
AucZilla which has been my largest source of individual part buys (as
opposed to mixed parts lots bought on eBay which are most of what I buy
these days on eBay) is getting pretty small purchases from me. One
factor is that I am still in sorting mode, so don't have specific needs,
but another factor is ease of use. It just isn't easy to "browse" for
parts.

I guess my attention span has dwindled...I need pics and lots of them to
make purchasing decisions.

  For me, it's the realization that only special niche parts are
  in my needs--for example, in the last aucZILLA, most of my purchases
  were 2x2 dark-grey med-slopes with copper Stingrays computer pattern--
  I use those everywhere, and if anyone has them lying around or doesn't
  like them, I'm happy to take them.  Reading AucZILLA lists is usually
  an evening or two by itself, but my purchases there have become very
  small dollarwise.

I have never used Auczilla due to the inherent time lag and the prohibitive
cost of the items I generally look for...  I also tend to enjoy auctioning
off items more than purchasing.  I have also been able to establish good
trades...

Perhaps an interesting search option on Brickbay would be to be able to
enter a list of parts you know you don't want, and then pick a category
of parts, and see all the parts in that category which aren't on your
don't want list.

I think Dan should just have a "Bargain Basement" ... One Brickbay Kiosk
where all the sellers can dump there wares...a garage sale, flea market
page.  Maybe a once a month or standing featured sale space.  Maybe as a
last resort for other shop owners who don't have the traffic or the large
client base.  Essentially a "flier" or "lost leader board" that lists these
slow moving elements and then directs buyers to individual stores or allows
them to purchase right then.

  Maybe an arbitrary 'banality level' assigned to pieces?  ;)
  "I'd like to see all pieces below banality 3..."

Short of minifigures, I don't think I ever buy 3 of something...I like a
small pile (chances are if I need 3 of something, I could use 10)

Of course it also probably isn't a bad thing that I'm not buying many
parts. I had even practically sworn off eBay, but happend to look there
at a moment when someone was clearing out a huge collection of older
parts. Then another seller jumped in also (interestingly, both of these
folks are in Canada). I've been buying large quantities of older parts
which I've known I've wanted, but wasn't willing to pay outrageous sums
for old space sets to get. Now I've been buying lots with a significant
number of angled windows and other such nifty parts, to the point now
where I'm really slowing down on buying those.

  When I'm back in New Jersey, I may have to engage in some joint
  used-collection buys--I'm also in the game for older parts, esp.
  6x5x2 inverse-slope Classic Space 'bucket' cockpit pieces.

Hmmm, what color? what sets?

BEWARE the big lots on eBay ... I have been less than satisfied on the last
3 despite exhaustive emails and investigation ... Maybe after I unload
50-100 pounds, I may try again. (My living space is quite full, not as full
as Frank's, but quite full, nonetheless)

  Incidentally, Frank, your departure from eBay buying hasn't made
  Pirate bits any cheaper.  ;)

I have seen plenty of Imperial Guards + some BSBs / SESs go comparatively
cheaper than same time last year when the Pirate People were in acqisition...

Well, enough rambling on about that. I'll be watching these discussions
with interest.

  Likewise.

  best

  Lindsay

Hey Lindsay ... the "bunny" box is FULL = )

I am gonna be unlaoding TONS of stuff soon ... Let me know (gotta move and
put soe stuff in storage...gee, that sounds familiar)

                   John



Message has 1 Reply:
  Re: Streamlining the parts selling process
 
(...) Really? I wonder if any of the other big sellers would chime in and say whether or not profit has remained stable--I did really well last summer, and a part of me wants to engage in it again this summer (God knows I've got enough pieces). (...) (24 years ago, 30-Nov-00, to lugnet.market.theory)

Message is in Reply To:
  Re: Streamlining the parts selling process
 
(...) You know what I'm going to say...sell what you can, and then when you get a significant backlog of certain sorts of parts, it's eBay time... (...) ...I've almost never had to do this. Case in point: An insane number of grey and tan 1x2 plates (...) (24 years ago, 29-Nov-00, to lugnet.market.theory)

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