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Featured Replies

9 minutes ago, donbee said:


Less than $0.03 a brick. That's a BL starter kit. Partout 6 mon avg on that is over $90

1. its not easy as it sounds.

2. its more than 200+ lots 

probably people with million parts can elaborate and explain why its a tough work & sell especially bricklink partout. [ while $ could be made but its a known fact that one can't sell everything in any set. even when i have parts listed for 0.0001 :) its a hard sell sometimes. ]

its not as easy as buying set @ 50% off and dumping it off at 20% less than retail when everyone pounces on them.

Edited by newbie77

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2 minutes ago, newbie77 said:

1. its not easy as it sounds.

2. its more than 200+ lots 

probably people with million parts can elaborate and explain why its a tough sell. 

its not as easy as buying set @ 50% off and dumping it off at 20% less than retail when everyone pounces on them.

once again, buying is easy, selling is the most difficult part

Edited by superlegolover

1. its not easy as it sounds.
2. its more than 200+ lots 
probably people with million parts can elaborate and explain why its a tough work & sell especially bricklink partout. [ while $ could be made but its a known fact that one can't sell everything in any set. even when i have parts listed for 0.0001 [emoji4] its a hard sell sometimes. ]
its not as easy as buying set @ 50% off and dumping it off at 20% less than retail when everyone pounces on them.

I'm mostly out of the part out business.
I've had enough. By my second 100+ piece order for under $10 profit, I decided it wasn't worth my time.

But there's always someone out their ready to make their first mistake. And I like to provide people with the opportunity, and point them in the right direction.
16 minutes ago, donbee said:


I'm mostly out of the part out business.
I've had enough. By my second 100+ piece order for under $10 profit, I decided it wasn't worth my time.

But there's always someone out their ready to make their first mistake. And I like to provide people with the opportunity, and point them in the right direction.

having looked at the number of sales and prices on parts. my opinion 

sellers that have thrived at the part out business is because

a. their cost basis of inventory is close to $0. [ otherwise based on time put in sorting; its highly unlikely that anyone can make even minimum wage ] and yes i am one of those stupid ones who got into this and learned it the hard way. while i never reached the honorable stores in bricklink but my guesstimate is if one can sell about $4k of part/month they can crack the top 10 sellers in US. 

i have sold 160 lots order for $35 :) while it may sound like $35 profit but its an actual wash order :D lol.. 

i am not trying to discourage people to get into new venture but want to caution them that its not for everyone . while 0.03c/part might give oneself bright idea of getting into part-out business thinking that it can be turned into 0,10/part easily and that's whooping 300%+ return. time value is really lopsided in this. if same amount of time is invested in learning another trade one might have better ROI. 

 

2 minutes ago, exciter1 said:

The hesitation is real.

Me too.  My gut says this is going to be a dog.  

2 minutes ago, exciter1 said:

The hesitation is real.

I had to look up how many I have left from buying them 10 months ago from the exact same store at the exact same price.

33 minutes ago, newbie77 said:

having looked at the number of sales and prices on parts. my opinion 

sellers that have thrived at the part out business is because

a. their cost basis of inventory is close to $0. [ otherwise based on time put in sorting; its highly unlikely that anyone can make even minimum wage ] and yes i am one of those stupid ones who got into this and learned it the hard way. while i never reached the honorable stores in bricklink but my guesstimate is if one can sell about $4k of part/month they can crack the top 10 sellers in US. 

i have sold 160 lots order for $35 :) while it may sound like $35 profit but its an actual wash order :D lol.. 

i am not trying to discourage people to get into new venture but want to caution them that its not for everyone . while 0.03c/part might give oneself bright idea of getting into part-out business thinking that it can be turned into 0,10/part easily and that's whooping 300%+ return. time value is really lopsided in this. if same amount of time is invested in learning another trade one might have better ROI. 

 

This is very true. I saw that deal earlier today and 1st thought was DAMNNN, that's only 3 cents a brick, but there is such variety there that you are lucky to sell 1/25th of it if that if you are not a very large store.  Buyers want Quantity and Price, not just price or Quantity.  So if you got this for BL and are a new smaller store, best of luck parting it out because you'll be sitting on it for awhile, unless you bought 50 of them, then Booyah, you have some quantity that buyers are looking for, sort of :) 

I love parting out (new to it so it's still like dating a new girl) but it is very time consuming. I've easily spent 100's of hours so far.  I take every measure to be truthful and accurate with my counts as well shipping and invoicing quickly and doing it the right way by not cutting corners in shipping.  I can't believe how some BL's ship or pack their materials from loose pieces, to tossing in a box.  You find out fast who truly loves and appreciates Lego as a seller vs not.  I have stores on my list that I will never buy from again no matter how good of a deal they are having.  

 

11 minutes ago, LegoMan1212 said:

This is very true. I saw that deal earlier today and 1st thought was DAMNNN, that's only 3 cents a brick, but there is such variety there that you are lucky to sell 1/25th of it if that if you are not a very large store.  Buyers want Quantity and Price, not just price or Quantity.  So if you got this for BL and are a new smaller store, best of luck parting it out because you'll be sitting on it for awhile, unless you bought 50 of them, then Booyah, you have some quantity that buyers are looking for, sort of :) 

I love parting out (new to it so it's still like dating a new girl) but it is very time consuming. I've easily spent 100's of hours so far.  I take every measure to be truthful and accurate with my counts as well shipping and invoicing quickly and doing it the right way by not cutting corners in shipping.  I can't believe how some BL's ship or pack their materials from loose pieces, to tossing in a box.  You find out fast who truly loves and appreciates Lego as a seller vs not.  I have stores on my list that I will never buy from again no matter how good of a deal they are having.  

 

lastly, i would like to mention that if anyone is looking at the "average part out value" of bricklink to decide and part out set. [ please be advised that you are in for a rude awakening ]

pick up any part and look at its prices. 

let me give an example for a part that's in demand. black 1X1  https://www.bricklink.com/catalogPG.asp?P=3005&colorID=11

lets look at the sales in month of april [because that's the data we have for the nearest whole month] 

Times Sold:  681
Total Qty:  56688
Min Price:  US $0.01
Avg Price:  US $0.09
Qty Avg Price:  US $0.08
Max Price:  US $0.24

 

lets look at what how many were sold in 

0,01 -> 0,05 => 2,839 [5%]

0,06 -> 0,08 => 29,637 [52%]

0,09 -> 0,09 => 18,441[32%]

0,10 -> 0,12 => 4,593 [8%]

0,13 -> 0,15 => 861 [2%]

0,15 -> 0,24 => 376 [1%]

for a high demand part only 32% of sale is at the average price.

only 11% is above average. 

and more than 5% at the range below 50% of average price.

and about 52% sales are around 11%->33% below average price.

take a look at part with high supply and relatively low demand. for example: https://www.bricklink.com/catalogPG.asp?P=4592c02&colorID=86

Times Sold:  286
Total Qty:  8253
Min Price:  US $0.00
Avg Price:  US $0.02
Qty Avg Price:  US $0.01
Max Price:  US $0.07

 

0,00 -> 0,00 => 16 [0.1%]

0,01 -> 0,01 => 5,440 [66%]

0,02 -> 0,02 => 1,750[21%]

0,03 -> 0,04 => 1,006 [12%]

0,05 -> 0,07 => 23 [0.2%]

only 21% of the sales actually happened at the average price. while 66% of sales happened at a 0,01 

only 12% above the average price.

its fairly consistent that only 12% of sales happen above average price and at higher multiple of average price quantity falls exponentially.

 

make what you want of this data and its presentation. so "average part out value" is not really something that one can make an intelligent choice. yes, it may be a data-point to go by but as i said before [ one is in for a big surprise if that is what you are relying on ] 

 

1 hour ago, FM said:

I had to look up how many I have left from buying them 10 months ago from the exact same store at the exact same price.

How many?

6 hours ago, newbie77 said:

lastly, i would like to mention that if anyone is looking at the "average part out value" of bricklink to decide and part out set. [ please be advised that you are in for a rude awakening ]

pick up any part and look at its prices. 

let me give an example for a part that's in demand. black 1X1  https://www.bricklink.com/catalogPG.asp?P=3005&colorID=11

lets look at the sales in month of april [because that's the data we have for the nearest whole month] 

Times Sold:  681
Total Qty:  56688
Min Price:  US $0.01
Avg Price:  US $0.09
Qty Avg Price:  US $0.08
Max Price:  US $0.24

 

lets look at what how many were sold in 

0,01 -> 0,05 => 2,839 [5%]

0,06 -> 0,08 => 29,637 [52%]

0,09 -> 0,09 => 18,441[32%]

0,10 -> 0,12 => 4,593 [8%]

0,13 -> 0,15 => 861 [2%]

0,15 -> 0,24 => 376 [1%]

for a high demand part only 32% of sale is at the average price.

only 11% is above average. 

and more than 5% at the range below 50% of average price.

and about 52% sales are around 11%->33% below average price.

take a look at part with high supply and relatively low demand. for example: https://www.bricklink.com/catalogPG.asp?P=4592c02&colorID=86

Times Sold:  286
Total Qty:  8253
Min Price:  US $0.00
Avg Price:  US $0.02
Qty Avg Price:  US $0.01
Max Price:  US $0.07

 

0,00 -> 0,00 => 16 [0.1%]

0,01 -> 0,01 => 5,440 [66%]

0,02 -> 0,02 => 1,750[21%]

0,03 -> 0,04 => 1,006 [12%]

0,05 -> 0,07 => 23 [0.2%]

only 21% of the sales actually happened at the average price. while 66% of sales happened at a 0,01 

only 12% above the average price.

its fairly consistent that only 12% of sales happen above average price and at higher multiple of average price quantity falls exponentially.

 

make what you want of this data and its presentation. so "average part out value" is not really something that one can make an intelligent choice. yes, it may be a data-point to go by but as i said before [ one is in for a big surprise if that is what you are relying on ] 

 

Awesome info.  Question, other than knowing pieces that are in high demand, is there a page that tells you the pieces that have sold the most? Or top ten from the last month?  Would be nice to be able to see this and do analytics too if time ever exists to do so. 

21 minutes ago, LegoMan1212 said:

Awesome info.  Question, other than knowing pieces that are in high demand, is there a page that tells you the pieces that have sold the most? Or top ten from the last month?  Would be nice to be able to see this and do analytics too if time ever exists to do so. 

From drooling all over @TheOrcKing's photos of MOCs, one would guess somewhere near the top of that list would be smooth tiles, grilles, windows/doors/frames, transparent plates, bars should all be high up there along with minifigs/parts.  

 

Now I'm interested in seeing this most sold parts list!

 

10 hours ago, newbie77 said:

lastly, i would like to mention that if anyone is looking at the "average part out value" of bricklink to decide and part out set. [ please be advised that you are in for a rude awakening ]

pick up any part and look at its prices. 

let me give an example for a part that's in demand. black 1X1  https://www.bricklink.com/catalogPG.asp?P=3005&colorID=11

lets look at the sales in month of april [because that's the data we have for the nearest whole month] 

Times Sold:  681
Total Qty:  56688
Min Price:  US $0.01
Avg Price:  US $0.09
Qty Avg Price:  US $0.08
Max Price:  US $0.24

 

lets look at what how many were sold in 

0,01 -> 0,05 => 2,839 [5%]

0,06 -> 0,08 => 29,637 [52%]

0,09 -> 0,09 => 18,441[32%]

0,10 -> 0,12 => 4,593 [8%]

0,13 -> 0,15 => 861 [2%]

0,15 -> 0,24 => 376 [1%]

for a high demand part only 32% of sale is at the average price.

only 11% is above average. 

and more than 5% at the range below 50% of average price.

and about 52% sales are around 11%->33% below average price.

take a look at part with high supply and relatively low demand. for example: https://www.bricklink.com/catalogPG.asp?P=4592c02&colorID=86

Times Sold:  286
Total Qty:  8253
Min Price:  US $0.00
Avg Price:  US $0.02
Qty Avg Price:  US $0.01
Max Price:  US $0.07

 

0,00 -> 0,00 => 16 [0.1%]

0,01 -> 0,01 => 5,440 [66%]

0,02 -> 0,02 => 1,750[21%]

0,03 -> 0,04 => 1,006 [12%]

0,05 -> 0,07 => 23 [0.2%]

only 21% of the sales actually happened at the average price. while 66% of sales happened at a 0,01 

only 12% above the average price.

its fairly consistent that only 12% of sales happen above average price and at higher multiple of average price quantity falls exponentially.

 

make what you want of this data and its presentation. so "average part out value" is not really something that one can make an intelligent choice. yes, it may be a data-point to go by but as i said before [ one is in for a big surprise if that is what you are relying on ] 

 

Awesome info. Did you just do that off top of head or is there a % calculator I'm missing?

LEGO Batman Movie: Batcave Break‑in 70909 is 25% off, um, everywhere (Amazon, Target, Walmart, Jet, etc)

4 hours ago, IronManDan said:

B&N clearance is $2 today for those who care

Thanks picked up remainder minecraft and even found a fire station... buddy is checking out other store in area which shows some in stock still.

1 hour ago, Mr_Coat said:

LEGO Batman Movie: Batcave Break‑in 70909 is 25% off, um, everywhere (Amazon, Target, Walmart, Jet, etc)

wake me up when it's $50 or lower

6 hours ago, LegoMan1212 said:

Awesome info.  Question, other than knowing pieces that are in high demand, is there a page that tells you the pieces that have sold the most? Or top ten from the last month?  Would be nice to be able to see this and do analytics too if time ever exists to do so. 

On the catalog page, under Other Catalog Features, click on Catalog Statistics.  Here you can find a treasure trove of information.592484cad6ebc_ScreenShot2017-05-23at11_49_34AM.thumb.png.9ac313f8f591657c4fc6bd2dfd282a87.png

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