Burbank at it again?

[nosterbor]

Free Enterprise, gotta love it! Lets take a look.

Total Listings: 237635
Successful Listings: 5901
Success Rate: 2.48%
Total Sales: $83,362.2

and that is IN THIS IMMEDIATE ECONOMY, very interesting dynamic.

is there anyone on this board, if the roles were reversed and you were driving the Burbank Business model, would say to themselves, we gotta do...................................................................................anything?

.......get the bankroll, source the goods and give em a run for the money.........

just my $0.000000000001 cents.

glad you showed the success rate. it really shows how piss poor that business is.you might want to factor in how much tax they have to pay on that inventory. we are doing inventory next week.why? to reduce, sooooo less tax!

Apparently over $83,000 a month isnt a success

::facepalm::

brutal, so for every 100 auctions they run 2.48 sell, figure in non payers closer 2 out 100 auctions move. Figure in overhead, employees. All time spent listing sorting ect. Paypal fees, packing costs.... I wonder what cost is listing 240,000 items going on ebay. Even is it's only a few cents each. Plus factor in fees built up into each item that has been sitting forever.
Just a genius business model, sign me up where 98% of my inventory never sells. So what, average sale is still less than $15 on a card. Doesn't look like anyone is breaking down door buying high dollar stuff either.

There is a reason Kohl's and JCPenny blow out leftover apparel for 80% off. There were no takers at 30, 50, or 70% off. Holding is dead money. Better to get something out of the product before styles change. Burbank runs the risk of player collecting becoming less popular with time. Existing collectors may get board or broke and sell out. New collectors are probably less likely to latch onto heroes of the 80's and 80's. Another significant risk is one should expect more 90's inserts to gradually work their way out of 50 cents boxes at local card shops and shows. A small increase of supply could very well crush the price on some cards.

JC Penny or Kohls does not sell rarities...they sell every day clothes. 2 very different markets

Also, there will always be the player collectors of the 80's and 90's who want these cards...places like this board and others tell us that.

I have no interest in Burbank and dont believe ive ever purchased from them, but its funny to me how people say it's a "piss poor model"

Its not a "piss poor model", more like "pissed off people" who cant have the cards they do.

When was the last time you made $83,000 in a month by selling an average of 2.43 cards of every 100?

...exactly

thats NET sales!

one boat saleman to another.
salesman #1 "i sold a yacht today only sale this year,1.5 mil,you sell little boats, to the lower buyers dont you?"

salesman#2 "yes they only cost 23k i did well sold 1000 this year 23 mil"

salesman #1

 

[gvsu96]

Free Enterprise, gotta love it! Lets take a look.

Total Listings: 237635
Successful Listings: 5901
Success Rate: 2.48%
Total Sales: $83,362.2

and that is IN THIS IMMEDIATE ECONOMY, very interesting dynamic.

is there anyone on this board, if the roles were reversed and you were driving the Burbank Business model, would say to themselves, we gotta do...................................................................................anything?

.......get the bankroll, source the goods and give em a run for the money.........

just my $0.000000000001 cents.

glad you showed the success rate. it really shows how piss poor that business is.you might want to factor in how much tax they have to pay on that inventory. we are doing inventory next week.why? to reduce, sooooo less tax!

Apparently over $83,000 a month isnt a success

::facepalm::

brutal, so for every 100 auctions they run 2.48 sell, figure in non payers closer 2 out 100 auctions move. Figure in overhead, employees. All time spent listing sorting ect. Paypal fees, packing costs.... I wonder what cost is listing 240,000 items going on ebay. Even is it's only a few cents each. Plus factor in fees built up into each item that has been sitting forever.
Just a genius business model, sign me up where 98% of my inventory never sells. So what, average sale is still less than $15 on a card. Doesn't look like anyone is breaking down door buying high dollar stuff either.

There is a reason Kohl's and JCPenny blow out leftover apparel for 80% off. There were no takers at 30, 50, or 70% off. Holding is dead money. Better to get something out of the product before styles change. Burbank runs the risk of player collecting becoming less popular with time. Existing collectors may get board or broke and sell out. New collectors are probably less likely to latch onto heroes of the 80's and 80's. Another significant risk is one should expect more 90's inserts to gradually work their way out of 50 cents boxes at local card shops and shows. A small increase of supply could very well crush the price on some cards.

JC Penny or Kohls does not sell rarities...they sell every day clothes. 2 very different markets

Also, there will always be the player collectors of the 80's and 90's who want these cards...places like this board and others tell us that.

I have no interest in Burbank and dont believe ive ever purchased from them, but its funny to me how people say it's a "piss poor model"

Its not a "piss poor model", more like "pissed off people" who cant have the cards they do.

When was the last time you made $83,000 in a month by selling an average of 2.43 cards of every 100?

...exactly

thats NET sales!

one boat saleman to another.
salesman #1 "i sold a yacht today only sale this year,1.5 mil,you sell little boats, to the lower buyers dont you?"

salesman#2 "yes they only cost 23k i did well sold 1000 this year 23 mil"

salesman #1

They don't just sell on ebay. I know several people that deal with them on a regular basis over the phone or in person. No idea what % of their sales are just ebay.

 

[George_Calfas]

I wish this many people were upset with ebay/sellers/buyer and the card companies for devaluing cards. Many people are use to getting HTF cards on ebay for chump change, cards use to be worth something. Sad, people talk the talk but fail to pony up when their card hits the net.

I have gotten MANY cards on ebay for low prices and I have bought many cards from Burbank. It is all ebb and flow.

 

[nosterbor]

phone sales,beckett,sportsbuy.so lets add another 1% maybe.

wonder why they dont sell on comc?

 

[ThoseBackPages]

I wish this many people were upset with ebay/sellers/buyer and the card companies for devaluing cards. Many people are use to getting HTF cards on ebay for chump change, cards use to be worth something. Sad, people talk the talk but fail to pony up when their card hits the net.

I have gotten MANY cards on ebay for low prices and I have bought many cards from Burbank. It is all ebb and flow.

Thanked.

WELL SAID!

 

[henderson939]

As far as Henderson goes, you do not get his HTF cards for chump change, especially on Ebay. I very rarely get a Henderson deal unless it is mislabled. I also agree with f2tornado on everything that he stated. I know a few big time Henderson collectors that are bailing due to loss of interest, the economy, ect. It sucks to see them get out or have to sell due to $$.

 

[gvsu96]

phone sales,beckett,sportsbuy.so lets add another 1% maybe.

wonder why they dont sell on comc?

Because they would have to ship their cards to them to sell them. They sell more off eBay then you think.

 

[uniquebaseballcards]

Are they selling to Burbank

As far as Henderson goes, you do not get his HTF cards for chump change, especially on Ebay. I very rarely get a Henderson deal unless it is mislabled. I also agree with f2tornado on everything that he stated. I know a few big time Henderson collectors that are bailing due to loss of interest, the economy, ect. It sucks to see them get out or have to sell due to $$.

 

[henderson939]

No, I have tried to sell to Burbank and they wont buy.

 

[EricInCT]

phone sales,beckett,sportsbuy.so lets add another 1% maybe.

wonder why they dont sell on comc?[/quote]


Because people would put in a best offer at 50% off and wait and wait and wait for a response......it is the only place where you are foreced to take best offers, not accept them but receive them.....at sportsbuy there is the auto decline and on ebay they don't take best offers.

 

[uniquebaseballcards]

Not only does the model seem to work, others are following suit. Just check out BIN listings from dozens of vendors.

Its the wave of the future - just like the expensive mall shop!

 

[nosterbor]

I wish this many people were upset with ebay/sellers/buyer and the card companies for devaluing cards. Many people are use to getting HTF cards on ebay for chump change, cards use to be worth something. Sad, people talk the talk but fail to pony up when their card hits the net.

I have gotten MANY cards on ebay for low prices and I have bought many cards from Burbank. It is all ebb and flow.

the card below books at $10 i bought it right away bin. i am always paying way over book for cards i need.
http://cgi.ebay.com/ws/eBayISAPI.dll?Vi ... K:MEWNX:IT

this card also books at $10
http://cgi.ebay.com/2001-Don-Classics-L ... 483c0ac199

there is a HUGE difference from ponying up and just plain asinine ludicrous.this example is what everyone is talking about,if some people just dont get it well

P.S. Conrad Dobler would love this post.

 

[miguelcabrera]

i know someone who bought a koufax auto in store not ebay

 

[uniquebaseballcards]

Yes cards used to be worth something when there were fewer of them around - there are probably more different 2010 Stras cards than Mickey Mantle and Willie Mays *each* had during their entire playing careers.

I think some people (subconsciously?) worry about hard-core hobbyists setting the market for a pretty esoteric card, either by buying or selling - they worry about what happens when/if the hard-core guys leave and the price tanks. Many collectors worry less about the cards that are appreciated by average joes - aka 'non hard-core', because demand, and values of these cards are more likely to stay consistent.

I wish this many people were upset with ebay/sellers/buyer and the card companies for devaluing cards. Many people are use to getting HTF cards on ebay for chump change, cards use to be worth something. Sad, people talk the talk but fail to pony up when their card hits the net.

I have gotten MANY cards on ebay for low prices and I have bought many cards from Burbank. It is all ebb and flow.

 

[cjb9421]

I have an order that I bought on beckett from Burbank, how long do they usually take to ship? Its been since monday and they havent shipped yet.

 

[henderson939]

The armored truck that you used to send payment might not have made there yet . They usually ship pretty quick. I have bought 2 cards from them over the years. Under $10 of course. But I have been eyeing a $25 one for the last 1 year. Maybe one day I will breakdown and get it.

 

[cjb9421]

The armored truck that you used to send payment might not have made there yet . They usually ship pretty quick. I have bought 2 cards from them over the years. Under $10 of course. But I have been eyeing a $25 one for the last 1 year. Maybe one day I will breakdown and get it.

LOL i paid with Credit Card, they should have gotten it. I'm getting worried i'm gonna get screwed on this deal.

 

[henderson939]

I think you will be fine. They may be overpriced, but I dont think they screw anyone out of cards, just money. :lol:

 

[gvsu96]

henderson939 wrote:
The armored truck that you used to send payment might not have made there yet . They usually ship pretty quick. I have bought 2 cards from them over the years. Under $10 of course. But I have been eyeing a $25 one for the last 1 year. Maybe one day I will breakdown and get it.

I think you will be fine. They may be overpriced, but I dont think they screw anyone out of cards, just money. :lol:

They screwed you out of at least $10. SO it looks like their business model works some of the time.

 

[Brewer Andy]

The armored truck that you used to send payment might not have made there yet . They usually ship pretty quick. I have bought 2 cards from them over the years. Under $10 of course. But I have been eyeing a $25 one for the last 1 year. Maybe one day I will breakdown and get it.

LOL i paid with Credit Card, they should have gotten it. I'm getting worried i'm gonna get screwed on this deal.

Depends on how much you ordered kinda. It may take them 2 days or so to dig out the cards you purchased if they have to do a lot of digging. Also, I've noticed over the years that they don't always mark items as shipped until a day or 2 after they actually did ship. Fear not, you've got your email receipts, you won't lose out anything