More mama_bear** discussion...

[tommyfro21]

http://www.blowoutcards.com/forums/base ... s-how.html

Looks like this is a hot topic in a lot of places. Thought I would pass this info along to all of you.
I have no idea who "ddearing" is but he appears to be in the loop on this info.

 

[blazers091]

not surprising. ddearing was one of the largest sellers on COMC

 

[tommyfro21]

not surprising. ddearing was one of the largest sellers on COMC

That's where I recognized that name. I couldn't place where I had seen it before.

 

[gvsu96]

Until people get burned by not getting the product that they paid for who cares other than other wax sellers.
This is a hobby where everyone wants to pay as little as possible for what they want.

 

[Joshua.Roundtree]

I was interested that mama_bear 's shipping location is St. Pete, FL. Anyone get an actual confirmation on where items have been shipped from (ones that were already sent from BCDP). I know that no shops in Pinellas would be able to handle these types of pre-sale orders and actually deliver on them.

 

[gvsu96]

I was interested that mama_bear 's shipping location is St. Pete, FL. Anyone get an actual confirmation on where items have been shipped from (ones that were already sent from BCDP). I know that no shops in Pinellas would be able to handle these types of pre-sale orders and actually deliver on them.

My Topps Update case came from Ohio if I remember correctly.

 

[SeattleSports]

d

 

[SeattleSports]

I was interested that mama_bear 's shipping location is St. Pete, FL. Anyone get an actual confirmation on where items have been shipped from (ones that were already sent from BCDP). I know that no shops in Pinellas would be able to handle these types of pre-sale orders and actually deliver on them.

It's 100% dropships, mama_bear does not ship a single thing, ever.

 

[hail2thevictors]

Until people get burned by not getting the product that they paid for who cares other than other wax sellers.
This is a hobby where everyone wants to pay as little as possible for what they want.

It's a complete scam and its shocking that people are still buying from them. I'm 100% confident it is a ponzi scheme. Mama_bear isnt shipping a single thing aside from the few $2 game used and autos to build feedback. Everything else is dropshipped from other dealers.

Mama_Bear is selling a case of bowman draft for $549 and buying it to drop ship for $700 (not factual #'s, an example).

All they are doing is using the previous presell $ to pay for the current product that they dropship and then they run. The sky will fall soon and everyone here that is buying will be out of money and product.

I don't buy it.

That would be like committing suicide, really. If they try and go through with this ponzi scheme, how on earth are they going to "run". The chances of them getting away with something like this are minuscule, in my opinion.

 

[Bob Loblaw]

I was interested that mama_bear 's shipping location is St. Pete, FL. Anyone get an actual confirmation on where items have been shipped from (ones that were already sent from BCDP). I know that no shops in Pinellas would be able to handle these types of pre-sale orders and actually deliver on them.

Certainly not the lousy place in the dead strip mall.

 

[Guest]

Let me play Devil's Advocate here.

This is a very profit-driven community here, and many of you would rather hold than sell at a loss ... consider this.

You want to buy a case direct. Topps requires you to buy 500 cases at $500/case. (I'm making these numbers up. It's an example.) Your goal is to sell them at $700, which is below "retail" price.

You start selling these cases at $700. Some sell, many do not. You're left with a lot of inventory in a volatile market. New products are coming, and then it'll be even less likely.

You drop the prices to $600. Some sell, but you've still got a lot of merchandise and your money is tied up.

There is where most people stop. They leave the inventory up, hoping it sells no matter how long it takes, because they'd rather have product on the shelf than a loss in the books.

What if these people just turn around and sell at $500 or even $400 (again, fictional numbers from the above example) so that they can have capital back for future purchases and then write off the loss with their accountant to get a better tax summary?

I'm just saying it's possible. There are some people here who'd rather sell at a loss then hold inventory indefinitely. Not saying this case, just that it's a possibility.

 

[bmc398]

Let me play Devil's Advocate here.

This is a very profit-driven community here, and many of you would rather hold than sell at a loss ... consider this.

You want to buy a case direct. Topps requires you to buy 500 cases at $500/case. (I'm making these numbers up. It's an example.) Your goal is to sell them at $700, which is below "retail" price.

You start selling these cases at $700. Some sell, many do not. You're left with a lot of inventory in a volatile market. New products are coming, and then it'll be even less likely.

You drop the prices to $600. Some sell, but you've still got a lot of merchandise and your money is tied up.

There is where most people stop. They leave the inventory up, hoping it sells no matter how long it takes, because they'd rather have product on the shelf than a loss in the books.

What if these people just turn around and sell at $500 or even $400 (again, fictional numbers from the above example) so that they can have capital back for future purchases and then write off the loss with their accountant to get a better tax summary?

I'm just saying it's possible. There are some people here who'd rather sell at a loss then hold inventory indefinitely. Not saying this case, just that it's a possibility.

I get what you are saying....but take Bowman Sterling for example. They are taking a $558 loss (cost is $1608 on an 8 box case) on each case they sell. They would have to sell over 4 at regular price (say a $200 mark up) to break even from selling one at a $558 loss on fleabay ($1050 worth of fees too).

This is quite obivously a ponzi scheme of some sort.

 

[Guest]

Let me play Devil's Advocate here.

This is a very profit-driven community here, and many of you would rather hold than sell at a loss ... consider this.

You want to buy a case direct. Topps requires you to buy 500 cases at $500/case. (I'm making these numbers up. It's an example.) Your goal is to sell them at $700, which is below "retail" price.

You start selling these cases at $700. Some sell, many do not. You're left with a lot of inventory in a volatile market. New products are coming, and then it'll be even less likely.

You drop the prices to $600. Some sell, but you've still got a lot of merchandise and your money is tied up.

There is where most people stop. They leave the inventory up, hoping it sells no matter how long it takes, because they'd rather have product on the shelf than a loss in the books.

What if these people just turn around and sell at $500 or even $400 (again, fictional numbers from the above example) so that they can have capital back for future purchases and then write off the loss with their accountant to get a better tax summary?

I'm just saying it's possible. There are some people here who'd rather sell at a loss then hold inventory indefinitely. Not saying this case, just that it's a possibility.

I get what you are saying....but take Bowman Sterling for example. They are taking a $558 loss (cost is $1608 on an 8 box case) on each case they sell. They would have to sell over 4 at regular price (say a $200 mark up) to break even from selling one at a $558 loss on fleabay ($1050 worth of fees too).

This is quite obivously a ponzi scheme of some sort.

But again, you're assuming they're even trying to break even.

What happens to the unbought wax of the world? It's not like Topps buys it back.

Someone gets stuck with it. Maybe they just don't want to get stuck with it and would rather lose money (so they get some back) then have inventory that may never sell.

Think of it like this.

You buy a hobby box for $100.

On paper the contents of the box have a bv of $200. Problem is, you need some of your cash back, not a number on paper.

So you sell everything you got in the box for $75 on eBay. $125 below bv, and you lost $25. But, you've got $75 cash again, which might be worth more to you than $200 in cards.

Just saying there are other ways to look at it.

 

[All In Cards]

why sell below factory when you know you can get factory or even more.



Mama is just leaving way too much money on the table for something to not be up.

 

[Wes]

Until people get burned by not getting the product that they paid for who cares other than other wax sellers.
This is a hobby where everyone wants to pay as little as possible for what they want.

It's a complete scam and its shocking that people are still buying from them. I'm 100% confident it is a ponzi scheme. Mama_bear isnt shipping a single thing aside from the few $2 game used and autos to build feedback. Everything else is dropshipped from other dealers.

Mama_Bear is selling a case of bowman draft for $549 and buying it to drop ship for $700 (not factual #'s, an example).

All they are doing is using the previous presell $ to pay for the current product that they dropship and then they run. The sky will fall soon and everyone here that is buying will be out of money and product.

That's why things like PayPal and VISA cards exist.

 

[Bob Loblaw]

why sell below factory when you know you can get factory or even more.



Mama is just leaving way too much money on the table for something to not be up.

I agree with you Andrew, but what if her goal is to put online competitors out of business?

Invest $200-300k . . . put your competitors out of business and lose $100k...then after most of them are gone, raise prices, competitions gone, and you can charge whatever you want?

Problem with that theory is that it's going to take more than an ebay account to put the blowouts and D&A out of business.

 

[jbhofmann]

>

 

[hail2thevictors]

So here is a question for everyone.

When paying with paypal, how does it work when the seller's expected delivery date is a 30+ days away? How long do you have to file a claim or what not?

 

[A_Pharis]

[quote="All In Cards":6xk11wvp]why sell below factory when you know you can get factory or even more.



Mama is just leaving way too much money on the table for something to not be up.

I agree with you Andrew, but what if her goal is to put online competitors out of business?

Invest $200-300k . . . put your competitors out of business and lose $100k...then after most of them are gone, raise prices, competitions gone, and you can charge whatever you want?

Problem with that theory is that it's going to take more than an ebay account to put the blowouts and D&A out of business.[/quote:6xk11wvp]


This can happen. My father was in the bark/groundcover hauling business to a rather large nursery business region. Tons of customers, but he also had 4 or 5 big competitors. One day, this new start-up company came out of nowhere selling well below what most of his competitors were paying for their product that they were shipping out. Luckily, my dad actually made his own mix and did his own pH balancing (from buying scrap wood and owning a grater, screener and mixer) so his costs were a lot lower. He was able to afford to drop down to match this new guy's prices untilt he storm was over.
Turns out this new company was some guy out of Baton Rouge trying to set up a temporary (remote) spot in our area until we were out of business so that they could swoop in with prices higher than what everyone originally had.

Not saying that's what is happening here, but it's possible.

(P.S. The guy from Baton Rouge had his funding for the operation fall through and ended up with a few hundred K in losses and closed up shop himself)

 

[crowTrobot]

So here is a question for everyone.

When paying with paypal, how does it work when the seller's expected delivery date is a 30+ days away? How long do you have to file a claim or what not?

i have 120 days to file a visa claim

anyone who buys from her and doesn't pay with visa is out of their minds