Jump to content

This stream auto-updates

  1. Past hour
  2. I'm coming up on 15 years. About once every 3-5 years I say that I am done and start coasting and selling down stock. I usually am over it in a few months. Second to the last time that I went dark, I missed the Cloud City set . Now, at 65 years old, I have to think about my adult daughter having to clean up my mess if I die so I really need to think seriously about my end game. But the game has been good to me.......
  3. This can not be overstated. After selling New part out sets for 10+ years, with a very organized system of drawers and comments with nearly 400k parts, burn out has set in. Been closed for ~3 weeks and have had the chance to spend a lot more time with my kids and that has been amazing.
  4. I don't have an inventory of this size, but the thing about 2x value is that it will take awhile to even break even unless it just happens to have a lot of really desirable parts. It might take months to years to sell 50-75% of the parts from a particular set. I'm not saying its a bad idea - maybe the minifigures sell for break even right off the bat, but just something to consider. A couple of other points regarding opening a store: 1) there are a LOT of BL stores. why should anyone shop at yours? Obviously you'll get hits from people auto cart generating off of wish lists, but beyond that, you need to find what works for you to get customers to your shop. In my example above, it won't do you any good if the minifigures from a set allow you to break even but for whatever reason no one is coming to your store to buy them. 2) Time!!!! Parting out and pulling orders takes a lot of time. The more organized you can be the less time it takes, but more organization generally means more investment in space and storage. My advice is to make sure that this is something you really enjoy.
  5. It just depends on the parts. I'll throw you a freebie that someone else passed to me (thanks @Pseudoty😞 Set #75685, Emerald City Wall Art. $160 at LEGO. Part out is $422, but that includes 51 items in 6 lots that they do not have price data for yet. Those usually sell way overpriced for a few months until more sellers get the parts and start a race-to-the-bottom. Also, minifigs are worth about $98-$105. The lion is another $17. These are the types of sets that I look for.
  6. Today
  7. Thank you for all the suggestions I can narrow down with the way I will source my parts and my current situation. I have opened BL store years ago but never put anything so I'm at 0 inventory and 0 feedback. When sourcing the parts I will only focus buying new discounted sets (from Target, Walmart, Amazon, etc) and part them out. The only knowledge I have now when choosing sets to part out, I need to check BL part out values and make sure the values are 3x of buy outs. The problem it's really hard to find 3x value sets. I will probably focus buying sets that have good minifigs to recoup most money from the minifigs. But, once you hit 75,000-80,000, does it really matter if I buy sets with only 2x value or sets with decent minifigs?
  8. LEGO Icons PAC-Man Arcade Building Set $189.99 (30% off) at amazon and walmart Amazon.com: LEGO Icons PAC-Man Arcade Building Sets for Adults - Collectible Office, Book Shelf, or Bedroom Decor - Gifts for Christmas, Men & Women - W/Moving Handle to Recreate Game - 10323 : Toys & Games Lego Iconspac-Man Arcade – Limited Edition Collectible Deal - Walmart.com
  9. My Macy's Technic Ferrari has a UPS shipping label generated since Wednesday with no weight and still has not been picked up. Paypal Pay in 4 Rewards worked on the Enterprise 8K points pending. I guess after they changed the terms you still got one more purchase.
  10. One thing I rarely see mentioned is accounting for dead inventory. There are simply parts where supply vastly exceeds demand. Need to keep that in mind when looking at PO value. It drives up your storage space requirements the longer you run a store. It is a notable factor in the gap between perceived value and actual value when you want to sell out the store inventory. Maybe this isn't as large of an effect when you hit that 80-100k size. I've mostly been around the 10-50k size and can definitely feel it.
  11. Starting a BrickLink store is a ton of tedious work. But its work that I enjoy. If you have ever worked in a parts house, like a NAPA store, it's really no different. You won't see many customers at all until you hit at least 50,000 parts. At 75,000-80,000, things will probably pick up even more, depending on your store. There are three ways to go. If you have access to a parts distributor, you might specialize in having a ton of well-used parts, such as having at least a few hundred of most colors of 2x4 bricks or a heavy concentration of minifigs. The second way is to try to have the widest possible selection, even if that means having only one or two of each piece. Personally, I do the third thing which lies somewhere between the other two. There are many parts in which I have 100s of and I try to have a wide selection of parts but it is all give and take. There are a ton of other things to share but I will offer this: Find the space that you think that you will need. multiply that by 10x and you MIGHT have the space that you will eventually need. There are many YT videos to watch to get you started but, honestly, those are starting to look dated. You might try this one to get started:
  12. It's not really appropriate to talk about parting out here. Let's take it to: https://www.brickpicker.com/forums/topic/13646-bricklinkbrickowl-discussion-questions-answers
  13. Ages 6+. Start them young so they can claw their own plushies when they are 8+
  14. Yesterday
  15. If it makes you feel any better, I recall someone getting an empty envelope with only the packing slip inside from TRU back in the day.
  16. Those Geoffrey Toybox claw machines have crushed many ewok forces and rebel scum so not a total loss. (In all serious, that's a bummer, sorry)
  17. Just got my order from Macy's sale on Sunday when I ordered the UCS AT-ST. Unfortunately this is what was inside my box. They issued me a refund and told me I have to return the item. Now I am out an AT-ST, time, effort and gas money driving to the store to return.
  18. Must have been a temp glitch. Just reloaded my bag and it is back now.
  19. Speaking of part out, I have been intrigued with part outs. Kind of bored just selling sets (as you know selling sets is kind of stalled lately). I would like to start doing part out for fun (not really aim for money, at least at the moment) since I have a lot of spare times. I would like to learn more on this topic. Not sure if there is already a section dedicated for this in this forum. I believe a lot of gurus here (I'm assuming you @raindog 😀). The only thing I know make sure the BL part out values of sets are at least 3x to be profitable.
  20. Need more rat(s) This was most likely part of the modular. It was kind of odd to have 2 kids in marching band outfits. This parade car kindof makes sense
  21. Here is a playlist for an unofficial English fandub of the Transformers Headmasters series presently up to episode 10 (out of 35) just uploaded a few days ago.
  22. FYI, just checked, its now Micro NINJAGO City Markets...still a 3-for-1 GWP deal.
  23. I had the ninjago gwp in my cart 10 minutes ago and just went to place my order. Now it is gone wtf
  1. Load more activity


×
×
  • Create New...