First Buzz: 2019-20 NBA Hoops Premium Stock Hobby Hybrid

[prodigylush]

Originally Posted by Cardcollectorr

Thanks Vinny. Your right

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You’re**

[auctionjmm]

Originally Posted by Cardcollectorr

Prices for the base singles are dropping, that's all I'm saying. It would take a long time and alot of work to make 4k unless you sold some big hits. I wouldn't want to package that much stuff or take that many trips to the post office. Just the cost of top loaders and packing materials will be expensive. And don't forget credit card interest hits every month. I'm good paying 10-30% interest.

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I am projecting $550 per set right now not counting colored pulsars. I bought 21 sets for $3,362.38 total. That's $11,550 net sales not counting colors. I've already sold over 1K in color and project to be close to 2K so let's even round down and say $13,000 gross sales. That's $9,637.62 in gross profit. ALL of my supplies are calculated into my shipping cost PLUS I still make money on top of that. I make roughly $1 profit on PWE shipments and maybe $.25 cents on 1st class package shipments so not only are my shipping costs covered, but I have leftover profit to eat into my fees. That should bring my fees down to 10% or less. We'll say $1,300 in fees.

That still leaves $8,337.62 in NET PROFIT. A 247% return (MINIMUM)

I am only selling the top 100 or so cards. I do plan to list some player lots but let's assume (for argument's sake) that I wanted to sell all 2,205 cards as singles (including color). The first auction maybe takes an hour to scan and list the base. An hour for color. Every auction after that would be just me hitting the relist button. Opening the sets and sorting out the cards we'll add 5 hours.

I can do 30 packages (minimum) per hour, on average, whether they are PWE or package shipments. Of course, many buyers order more than one card but for your sake let's pretend that 2,100 unique buyers bought cards from me, plus we'll add 105 packages for colored pulsars.

2,205 packages / 30 per hour = 73.5 hours. We'll add 3 hours for listing since after the first it's just relisting with a few clicks of a button, and 5 hours for opening/sorting.

So, worst case scenario (which again won't happen anyway due to selling lots and combined orders) I would spend 81.5 hours on 21 sets.

$8,337.62 profit / 81.5 man hours = $102.30 per hour. That equates to an annual salary of $204,600 (for comparison purposes). More than the average doctor, lawyer, anesthesiologist, dentist, surgeon, etc.

SO, unless you are making more than 204k per year at your job, you can't possibly say that your time isn't worth the work on these sets, because your hourly wage would put you in the top 10% of hourly wages in America if you took some extra time over the next few weeks to do this work.

Sorry for the drawn out explanation but it seems that too many people around here stick their noses up at "all the work" of making money on a product like this when the truth is most of them don't have a full time job that pays them anywhere close. I've heard people compare card profits to minimum wage after factoring in time. It's nowhere close. Think of it as extensive, well-paid, overtime.

[mossoholic]

Originally Posted by auctionjmm

I am projecting $550 per set right now not counting colored pulsars. I bought 21 sets for $3,362.38 total. That's $11,550 net sales not counting colors. I've already sold over 1K in color and project to be close to 2K so let's even round down and say $13,000 gross sales. That's $9,637.62 in gross profit. ALL of my supplies are calculated into my shipping cost PLUS I still make money on top of that. I make roughly $1 profit on PWE shipments and maybe $.25 cents on 1st class package shipments so not only are my shipping costs covered, but I have leftover profit to eat into my fees. That should bring my fees down to 10% or less. We'll say $1,300 in fees.

That still leaves $8,337.62 in NET PROFIT. A 247% return (MINIMUM)

I am only selling the top 100 or so cards. I do plan to list some player lots but let's assume (for argument's sake) that I wanted to sell all 2,205 cards as singles (including color). The first auction maybe takes an hour to scan and list the base. An hour for color. Every auction after that would be just me hitting the relist button. Opening the sets and sorting out the cards we'll add 5 hours.

I can do 30 packages (minimum) per hour, on average, whether they are PWE or package shipments. Of course, many buyers order more than one card but for your sake let's pretend that 2,100 unique buyers bought cards from me, plus we'll add 105 packages for colored pulsars.

2,205 packages / 30 per hour = 73.5 hours. We'll add 3 hours for listing since after the first it's just relisting with a few clicks of a button, and 5 hours for opening/sorting.

So, worst case scenario (which again won't happen anyway due to selling lots and combined orders) I would spend 81.5 hours on 21 sets.

$8,337.62 profit / 81.5 man hours = $102.30 per hour. That equates to an annual salary of $204,600 (for comparison purposes). More than the average doctor, lawyer, anesthesiologist, dentist, surgeon, etc.

SO, unless you are making more than 204k per year at your job, you can't possibly say that your time isn't worth the work on these sets, because your hourly wage would put you in the top 10% of hourly wages in America if you took some extra time over the next few weeks to do this work.

Sorry for the drawn out explanation but it seems that too many people around here stick their noses up at "all the work" of making money on a product like this when the truth is most of them don't have a full time job that pays them anywhere close. I've heard people compare card profits to minimum wage after factoring in time. It's nowhere close. Think of it as extensive, well-paid, overtime.

Awesome analysis! You're doing the right thing and doing an excellent job!

[mossoholic]

Originally Posted by airharrison21

Keeping my 14 sealed sets for now. Told myself I’d sell when they hit $300 which should happen by the start of the season. Even with megas and blasters hitting the shelves soon, I still believe sealed sets will stay hot during the season.

Huh? Gee I'll hope to sell sealed for $300 when right now I can open and probably average $400 minimum. That's if you don't hit any monsters that would get it over $500 a box. That makes sense!

[mc1]

Originally Posted by ninjacookies

Luke Kennard hot packs temper those sexpectations.

I seen some Eric Gordon hot packs.

[ninjacookies]

Originally Posted by mc1

I seen some Eric Gordon hot packs.

I'm 70 percent to an anfernee simons rainbow.

If this were 2018 I'd be a billionaire.

[mc1]

Originally Posted by ninjacookies

I'm 70 percent to an anfernee simons rainbow.

If this were 2018 I'd be a billionaire.

Woudnt mind a Bald Mamba Rainbow.

[Bob Ross]

The amount of boxes I had/have coming in is overwhelming me.

[go_steelers07]

Originally Posted by ninjacookies

I'm 70 percent to an anfernee simons rainbow.

If this were 2018 I'd be a billionaire.

6 cards for the rainbow? 5 color plus base?

Which color did you only hit 20% of?...

[calculusdork]

Originally Posted by auctionjmm

I am projecting $550 per set right now not counting colored pulsars. I bought 21 sets for $3,362.38 total. That's $11,550 net sales not counting colors. I've already sold over 1K in color and project to be close to 2K so let's even round down and say $13,000 gross sales. That's $9,637.62 in gross profit. ALL of my supplies are calculated into my shipping cost PLUS I still make money on top of that. I make roughly $1 profit on PWE shipments and maybe $.25 cents on 1st class package shipments so not only are my shipping costs covered, but I have leftover profit to eat into my fees. That should bring my fees down to 10% or less. We'll say $1,300 in fees.

That still leaves $8,337.62 in NET PROFIT. A 247% return (MINIMUM)

I am only selling the top 100 or so cards. I do plan to list some player lots but let's assume (for argument's sake) that I wanted to sell all 2,205 cards as singles (including color). The first auction maybe takes an hour to scan and list the base. An hour for color. Every auction after that would be just me hitting the relist button. Opening the sets and sorting out the cards we'll add 5 hours.

I can do 30 packages (minimum) per hour, on average, whether they are PWE or package shipments. Of course, many buyers order more than one card but for your sake let's pretend that 2,100 unique buyers bought cards from me, plus we'll add 105 packages for colored pulsars.

2,205 packages / 30 per hour = 73.5 hours. We'll add 3 hours for listing since after the first it's just relisting with a few clicks of a button, and 5 hours for opening/sorting.

So, worst case scenario (which again won't happen anyway due to selling lots and combined orders) I would spend 81.5 hours on 21 sets.

$8,337.62 profit / 81.5 man hours = $102.30 per hour. That equates to an annual salary of $204,600 (for comparison purposes). More than the average doctor, lawyer, anesthesiologist, dentist, surgeon, etc.

SO, unless you are making more than 204k per year at your job, you can't possibly say that your time isn't worth the work on these sets, because your hourly wage would put you in the top 10% of hourly wages in America if you took some extra time over the next few weeks to do this work.

Sorry for the drawn out explanation but it seems that too many people around here stick their noses up at "all the work" of making money on a product like this when the truth is most of them don't have a full time job that pays them anywhere close. I've heard people compare card profits to minimum wage after factoring in time. It's nowhere close. Think of it as extensive, well-paid, overtime.

Slow freaking clap dude.

[Cardcollectorr]

Originally Posted by auctionjmm

I am projecting $550 per set right now not counting colored pulsars. I bought 21 sets for $3,362.38 total. That's $11,550 net sales not counting colors. I've already sold over 1K in color and project to be close to 2K so let's even round down and say $13,000 gross sales. That's $9,637.62 in gross profit. ALL of my supplies are calculated into my shipping cost PLUS I still make money on top of that. I make roughly $1 profit on PWE shipments and maybe $.25 cents on 1st class package shipments so not only are my shipping costs covered, but I have leftover profit to eat into my fees. That should bring my fees down to 10% or less. We'll say $1,300 in fees.



That still leaves $8,337.62 in NET PROFIT. A 247% return (MINIMUM)



I am only selling the top 100 or so cards. I do plan to list some player lots but let's assume (for argument's sake) that I wanted to sell all 2,205 cards as singles (including color). The first auction maybe takes an hour to scan and list the base. An hour for color. Every auction after that would be just me hitting the relist button. Opening the sets and sorting out the cards we'll add 5 hours.



I can do 30 packages (minimum) per hour, on average, whether they are PWE or package shipments. Of course, many buyers order more than one card but for your sake let's pretend that 2,100 unique buyers bought cards from me, plus we'll add 105 packages for colored pulsars.



2,205 packages / 30 per hour = 73.5 hours. We'll add 3 hours for listing since after the first it's just relisting with a few clicks of a button, and 5 hours for opening/sorting.



So, worst case scenario (which again won't happen anyway due to selling lots and combined orders) I would spend 81.5 hours on 21 sets.



$8,337.62 profit / 81.5 man hours = $102.30 per hour. That equates to an annual salary of $204,600 (for comparison purposes). More than the average doctor, lawyer, anesthesiologist, dentist, surgeon, etc.



SO, unless you are making more than 204k per year at your job, you can't possibly say that your time isn't worth the work on these sets, because your hourly wage would put you in the top 10% of hourly wages in America if you took some extra time over the next few weeks to do this work.



Sorry for the drawn out explanation but it seems that too many people around here stick their noses up at "all the work" of making money on a product like this when the truth is most of them don't have a full time job that pays them anywhere close. I've heard people compare card profits to minimum wage after factoring in time. It's nowhere close. Think of it as extensive, well-paid, overtime.

I hope it works out for you. You still have to do all those things. But you got it figured out now make it all true

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[swerve]

Originally Posted by Cardcollectorr

I hope it works out for you. You still have to do all those things. But you got it figured out now make it all true

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He has been around the block a few times, I am sure he will be just fine.

[go_steelers07]

Originally Posted by Cardcollectorr

I hope it works out for you. You still have to do all those things. But you got it figured out now make it all true

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What do you mean figured out now and do all those things?

What is it that you’re not understanding. Many people (especially auctionjmm) figured it more than a decade ago. They do this with many different releases. Find the value and exploit it.

[Cardcollectorr]

He'll definitely know the way to the post office.. 2200 packages.

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[Vinny1984]

Originally Posted by Cardcollectorr

He'll definitely know the way to the post office.. 2200 packages.

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How lazy are you?

[mc1]

Originally Posted by Cardcollectorr

He'll definitely know the way to the post office.. 2200 packages.

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[swerve]

Originally Posted by Cardcollectorr

He'll definitely know the way to the post office.. 2200 packages.

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Did you even read, he said 2200 packages for arguments sake. There is no way he is doing anywhere near 2200 packages IRL.

[LTLurker]

Originally Posted by Cardcollectorr

He'll definitely know the way to the post office.. 2200 packages.

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It’s a troll, got to be a 2nd account from someone on the board. No one can be this dull


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[auctionjmm]

Originally Posted by swerve

Did you even read, he said 2200 packages for arguments sake. There is no way he is doing anywhere near 2200 packages IRL.

Right. In reality it is well under 1K due to all the combined orders and lots but for the same amount of profit. Hourly wage closer to $200 but still wanted to prove a point

[Hail2TheVictors]

Originally Posted by ninjacookies

Anyone know the exact odds of pulling a Ja or Fatboi out of an arbitrary bonus pack?

I'm a terrible mathboi, but 300 card set with 5 cards per pack...means 60 boxes to pull every card assuming perfect/no dupe collation.

4 total jas/fatbois = 1 in 15 boxes?


Doinitrite?

But who can afford 15 boxes?

I’d love to meet that person.

[Mahomie]

Back when I was selling a lot more volume on Ebay, I would just print the shipping labels from home using a thermal printer, and then I would bike regularly to my local post office with a backpack full of packages.

I would just walk in, drop them off on the desk, and wave goodbye at the workers since they recognized me after awhile.

Exercise done, no gas wasted, fastest shipper in the west.

[mc1]

Originally Posted by Hail2TheVictors

But who can afford 15 boxes?

I’d love to meet that person.

[ninjacookies]

Originally Posted by Hail2TheVictors

But who can afford 15 boxes?

I’d love to meet that person.

He goan be pissed when he doesn't pull any Wilt/Jackie Robinson color.



Also;


Moon lands on man.

https://lmgtfy.app/?q=usps+schedule+pickup

[calculusdork]

Originally Posted by ninjacookies

Anyone know the exact odds of pulling a Ja or Fatboi out of an arbitrary bonus pack?

I'm a terrible mathboi, but 300 card set with 5 cards per pack...means 60 boxes to pull every card assuming perfect/no dupe collation.

4 total jas/fatbois = 1 in 15 boxes?


Doinitrite?

6.5% to pull any of those 4 cards out of a pack.

[ninjacookies]

Originally Posted by calculusdork

6.5% to pull any of those 4 cards out of a pack.

The pythagorean messiah this half-aznboi can always count on.