Hi everyone,

 

First off, I want to say that i just registered on this site today.  This site is just amazing and I absolutely love it!  Kudos to the owner or owners of this amazing website.

 

I just started investing a couple years ago.  I live here in Dallas, TX.  I have gotten pretty close to the Lego store and the manager here in our city. We have a very nice working relationship.  They do not hesitate to give me any kind of info I need.  

Anyway, just a couple of days ago, one of the secondary managers told me that Lego will be cracking down on bulk buyers both online and in their stores.  They showed me the email they are sending out to people like this.  I was not very happy to hear about that.  I will be talking to THE head manager in a couple days to see if all of this is true and how it will effect me.  I know we can purchase these in other retail outlets but I buy a lot of my stuff from Lego as well.  

 

Has anyone else heard this?  How will this effect the way we purchase items, especially the exclusive stuff Lego gets mostly.  Also, this pretty much means that my VIP card is going to become worthless.  

 

Any kind of feedback you might have will be welcome.

 

Thanks

I wouldn't say they consistently underprice their sets. In the particular case of the Crawler it might have been that way, but the main reason a secondary market exists is because once LEGO stops producing these sets supply drops substantially and those who want them really have no choice other than buying from us. I don't think anyone would have been willing to pay $500 for a Market Street while it was still being sold at LEGO stores

 

That's exactly why they want to put a kabash on people owning 50 sets of something.  TLG wants more Market Streets and Cafe Corners to keep the interest going.  Most members here think there won't be a set with the stellar return like it used to.  That will take ever more people out of the game.

First, someone mentioned tracking credit cards. Most companies nowadays don't keep that info on file. The card may be saved to your profile, but the company typically does not have access to this. There has been a change in the fundamental way credit card information is stored and saved. Lego does NOT want to end up with a 20/20 Reporter with a camera knocking on their door asking how all their customer's credit card information was stolen. Not saying that all companies do this, but the risk outweighs the benefit WAY too much. Secondly, many companies and stores put limits on items. I went to CVS to load up on Diet Coke cause it was 5 12/packs for $10. Limit 10. Do you guys think they did this because they are afraid people will "horde" Diet Coke and resell it later and cut into their sales? They want it to be available for the majority of their customers. I think some people put WAY too much emphasis on their role in TLG's Corporate strategy.

Why is there a "secondary" market?  There isn't one for megablocks.  Lego consistantly under prices their products, and doesn't make enough.  This is all very simple to me.  If the crawlers are selling for $400--then Lego should have done market research and priced them at $400.  If they sold out of 20K at $200 and wanted to leave the price point alone, they should have printed 50k.  The secondary market is only picking up the scraps that Lego, Amazn et all are leaving on the retail table.

Because Mega Bloks is crap?