Comc and EBay

[Cavaliercards]

Originally Posted by chezball

Wonder how long it'll be before the cupcakes start dropping negs for slow shipping.

First week.

[dustin42]

Originally Posted by Cavaliercards

First week.

already have

[glen87]

Originally Posted by jmscoggin

Again, not trolling. I sincerely meant everything I said. Trolling is trying to bait people into a reaction. My posts there were how I feel and it was just me talking out loud. I understand that some people don't like my humor, that doesn't make it trolling.

[hofs4u]

I don't think this has been addressed in this thread (scanned through all 6 pages and might have missed it.)

Looks like this is the beginning of a major fee structure change on COMC. Right now there are no store credit fees on COMC sales, so the only way they can have eBay sales earn the same amount of Store Credit is to not charge a fee for eBay sales, or create one for COMC sales on "high end cards." COMC is not know for lowering fees so I'm thinking it's the latter. This would also explain their ability to lower, or eliminate the Cash Out fee.

From COMC release:

"While you’re enjoying an increase in sales on eBay, we’re going to monitor the sales to help us finalize a brand new commission structure which introduces a Final Value Fee on every sale to better support high end cards. That means you’ll earn the same amount of Store Credit from an eBay sale as you do from a COMC sale. Additionally, our current 20% Cash Out fee will be significantly reduced and even eliminated, in some cases. We’ll announce more details as we get closer to the end of the beta period."

Reserving judgment on this until more information surfaces, but we may look back on the current COMC days, nearly as fondly as we currently look back on the Check Out My Cards days.

[Davesportscards]

They already have feedback and it's amazing.
eBay Feedback Profile for comc_consignment

[dustin42]

Originally Posted by Davesportscards

They already have feedback and it's amazing.
eBay Feedback Profile for comc_consignment

Got to love dog lovers

[Onions]

Originally Posted by hofs4u

I don't think this has been addressed in this thread (scanned through all 6 pages and might have missed it.)

Looks like this is the beginning of a major fee structure change on COMC. Right now there are no store credit fees on COMC sales, so the only way they can have eBay sales earn the same amount of Store Credit is to not charge a fee for eBay sales, or create one for COMC sales on "high end cards." COMC is not know for lowering fees so I'm thinking it's the latter. This would also explain their ability to lower, or eliminate the Cash Out fee.

From COMC release:

"While you’re enjoying an increase in sales on eBay, we’re going to monitor the sales to help us finalize a brand new commission structure which introduces a Final Value Fee on every sale to better support high end cards. That means you’ll earn the same amount of Store Credit from an eBay sale as you do from a COMC sale. Additionally, our current 20% Cash Out fee will be significantly reduced and even eliminated, in some cases. We’ll announce more details as we get closer to the end of the beta period."

Reserving judgment on this until more information surfaces, but we may look back on the current COMC days, nearly as fondly as we currently look back on the Check Out My Cards days.

Looks like they will be restructuring fees to be able to generate income on the sales of each card as it sells, rather than waiting for cash outs to collect. It makes sense to me, hopefully it isnt as punitive as the 20% cash outs.

[glen87]

Originally Posted by hofs4u

I don't think this has been addressed in this thread (scanned through all 6 pages and might have missed it.)

Looks like this is the beginning of a major fee structure change on COMC. Right now there are no store credit fees on COMC sales, so the only way they can have eBay sales earn the same amount of Store Credit is to not charge a fee for eBay sales, or create one for COMC sales on "high end cards." COMC is not know for lowering fees so I'm thinking it's the latter. This would also explain their ability to lower, or eliminate the Cash Out fee.

From COMC release:

"While you’re enjoying an increase in sales on eBay, we’re going to monitor the sales to help us finalize a brand new commission structure which introduces a Final Value Fee on every sale to better support high end cards. That means you’ll earn the same amount of Store Credit from an eBay sale as you do from a COMC sale. Additionally, our current 20% Cash Out fee will be significantly reduced and even eliminated, in some cases. We’ll announce more details as we get closer to the end of the beta period."

Reserving judgment on this until more information surfaces, but we may look back on the current COMC days, nearly as fondly as we currently look back on the Check Out My Cards days.

Originally Posted by GoBeavs

Please re-read what I wrote; and the blog post as well. Your calculations may be correct for the beta run, but are way off from where the program ends up if it ends up working out. They are going to have the same size as the other big consignors; which comes with much reduced fees. That reduction is going to passed on to the seller. It's TBD whether that reduction, plus the cash out reduction will match (or beat) Ebay's FVF+PP fees, but that is the end-goal.

Originally Posted by glen87

true

While you’re enjoying an increase in sales on eBay, we’re going to monitor the sales to help us finalize a brand new commission structure which introduces a Final Value Fee on every sale to better support high end cards. That means you’ll earn the same amount of Store Credit from an eBay sale as you do from a COMC sale. Additionally, our current 20% Cash Out fee will be significantly reduced and even eliminated, in some cases. We’ll announce more details as we get closer to the end of the beta period.

Originally Posted by smalltown

I think that's where this bit of info comes into play:

Additionally, our current 20% Cash Out fee will be significantly reduced and even eliminated, in some cases.

Originally Posted by jmscoggin

Look at my port, I'm a captured audience so I hope you're right. However, given COMC's recent track record, I'm sure you can understand my lack of optimism. Also, thanks to Glen being a know it all, my calculations were in fact, not "correct".

Originally Posted by zebrastar

My slight suspicion is that they will not change the fee system. My HEAVY suspicion is that they will not change the way they label cards in order to fall in line with ebay's character limitation (This would mean a TON of labor hours, there's no automated way to do this effectively).

Originally Posted by Jonathon M

Agreed... I believe COMC when I see it...

been discussed a bit

[hofs4u]

Originally Posted by glen87

been discussed a bit

Not in the context that this will result in new fees on non-eBay sales.

[thebrett]

Here is a serious question

I have 36,000 cards in Washington that were added to my account under the assumption I only pay 20% when I cash out.

I have used this fee structure to guide my decision making, and I have purchased tens of thousands of cards to "flip" to help negate those fees.

IF, and I do mean IF! COMC were to change the fee structure to impact each transaction and each card sold, my entire system would have the rug pulled out from under it.

The 20% only matters when you cash out in the current system. I have a hard time believing COMC intends to do ANYTHING to lower overall fee income.

This is actually a potential problem, and a major change

[hofs4u]

Originally Posted by thebrett

Here is a serious question

I have 36,000 cards in Washington that were added to my account under the assumption I only pay 20% when I cash out.

I have used this fee structure to guide my decision making, and I have purchased tens of thousands of cards to "flip" to help negate those fees.

IF, and I do mean IF! COMC were to change the fee structure to impact each transaction and each card sold, my entire system would have the rug pulled out from under it.

The 20% only matters when you cash out in the current system. I have a hard time believing COMC intends to do ANYTHING to lower overall fee income.

This is actually a potential problem, and a major change

AGREED!

[xbignick]

Question for those who sell on Amazon, what do they do when there is a double sale due to crosslist?

And I'm assuming those in ebay don't have to buy their toploaders.

[JustMoe]

Originally Posted by xbignick

Question for those who sell on Amazon, what do they do when there is a double sale due to crosslist?

And I'm assuming those in ebay don't have to buy their toploaders.

I think I can help here; during my time in the "Big C", there were occasions when a card sold on Amazon and COMC practically simultaneously - what they do is check the time stamps of the sales transactions. Whichever sale has the earlier transaction time is processed and the latter transaction is cancelled/reversed/whatever.

I guess they'll continue to do the same as they may see more instances of this, especially if cards are being cross listed on 3 platforms.

[brewcrew82]

Originally Posted by hofs4u

I don't think this has been addressed in this thread (scanned through all 6 pages and might have missed it.)

Looks like this is the beginning of a major fee structure change on COMC. Right now there are no store credit fees on COMC sales, so the only way they can have eBay sales earn the same amount of Store Credit is to not charge a fee for eBay sales, or create one for COMC sales on "high end cards." COMC is not know for lowering fees so I'm thinking it's the latter. This would also explain their ability to lower, or eliminate the Cash Out fee.

From COMC release:

"While you’re enjoying an increase in sales on eBay, we’re going to monitor the sales to help us finalize a brand new commission structure which introduces a Final Value Fee on every sale to better support high end cards. That means you’ll earn the same amount of Store Credit from an eBay sale as you do from a COMC sale. Additionally, our current 20% Cash Out fee will be significantly reduced and even eliminated, in some cases. We’ll announce more details as we get closer to the end of the beta period."

Reserving judgment on this until more information surfaces, but we may look back on the current COMC days, nearly as fondly as we currently look back on the Check Out My Cards days.

I would think it means there going to list all cards on E-Bay.

So lets say you have a card listed at a dime + 25cent Comc = 35 cent.

They must list the card for .99 cents (Buy it Now) on E-Bay .

The Card sales for .99 cent they take out there fees and the extra money will be used in the future to bring the cost down.

Thats how I understand this whole thing.

[pfb11]

Originally Posted by jefflasvegas

I'm curious the logic of not selling for under 25 cents. 20% of zero is zero. So the cheaper the sale, the less amount being taken away from you. I would rather lose two cents on a ten cent sale instead of losing $200 on a $1,000 sale.

because most of my cards that are priced that low are flips where 20% would be more than my markup.

[brewcrew82]

Originally Posted by pfb11

because most of my cards that are priced that low are flips where 20% would be more than my markup.

Raise your prices .

[dustin42]

Originally Posted by thebrett

Here is a serious question

I have 36,000 cards in Washington that were added to my account under the assumption I only pay 20% when I cash out.

I have used this fee structure to guide my decision making, and I have purchased tens of thousands of cards to "flip" to help negate those fees.

IF, and I do mean IF! COMC were to change the fee structure to impact each transaction and each card sold, my entire system would have the rug pulled out from under it.

The 20% only matters when you cash out in the current system. I have a hard time believing COMC intends to do ANYTHING to lower overall fee income.

This is actually a potential problem, and a major change

Just because the fee structure changes and fees are lowered doesn't mean they will lower their fee income. Don't confuse margin with income.

If they sell 1 card at $10 and charge 20% they make $2. If they sell 2 cards at $10 and charge 10% they still make $2. They are going to see how much sales increase and then adjust accordingly.

Also with your system you would eventually have to cash-out at 20%. You are just kicking the can down the road.

[wethenorth]

they need to come up with an algorithm of what should / should not be listed

[brewcrew82]

Heres the ruturn policy for cards on E-Bay.

If you are ever unsatisfied with a card you receive from COMC, let us know and return your purchase, postmarked within 30 days of receipt, and we will issue a full refund. We do not charge restocking fees.

Because we provide actual images of the front and back of each consigned item listed for sale, we encourage you to view the 4x zoomed image of the item to verify its condition prior to purchase, avoiding you the hassle of requesting a return.

All returns will be inspected before we issue your refund. Returns must be accompanied by the original packaging and the Return Packing Slip. Refunds will be issued for the purchase price of the item(s) returned. We recommend you insure the item when shipping. All return packages must be shipped using a service that tracks packages, such as FedEx, UPS or USPS (ask for services that have tracking options). Shipping Costs are nonrefundable unless the error lies with how the item was listed. We cannot assume responsibility for lost shipments.

[sthoemke]

Yikes... $3.99 shipping on COMC ebay.

[dustin42]

Originally Posted by sthoemke

Yikes... $3.99 shipping on COMC ebay.

That is the same price as you would pay for shipping if you bought it on COMC. Each additional item ships for $.25 also just like the site.

[Cavaliercards]

Originally Posted by brewcrew82

Heres the ruturn policy for cards on E-Bay.

If you are ever unsatisfied with a card you receive from COMC, let us know and return your purchase, postmarked within 30 days of receipt, and we will issue a full refund. We do not charge restocking fees.

Because we provide actual images of the front and back of each consigned item listed for sale, we encourage you to view the 4x zoomed image of the item to verify its condition prior to purchase, avoiding you the hassle of requesting a return.

All returns will be inspected before we issue your refund. Returns must be accompanied by the original packaging and the Return Packing Slip. Refunds will be issued for the purchase price of the item(s) returned. We recommend you insure the item when shipping. All return packages must be shipped using a service that tracks packages, such as FedEx, UPS or USPS (ask for services that have tracking options). Shipping Costs are nonrefundable unless the error lies with how the item was listed. We cannot assume responsibility for lost shipments.

Yea and 50 percent of that eBay won't care about and will issue refund even if no slip etc

[dustin42]

Originally Posted by Cavaliercards

Yea and 50 percent of that eBay won't care about and will issue refund even if no slip etc

Do you sell on comc?

[sthoemke]

Originally Posted by dustin42

That is the same price as you would pay for shipping if you bought it on COMC. Each additional item ships for $.25 also just like the site.

COMC is $3, not $3.99. So not same price.

[Nuurgle]

Originally Posted by sthoemke

COMC is $3, not $3.99. So not same price.

I think he meant Amazon. They're using the exact same shipping prices as when someone buys a card from COMC on Amazon, and that doesn't seem to deter very many people.