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- Best Way to Find Profitable Cards
Welcome to the Tuesday Three!
Here’s your triple play for this week:
Research: Study the eBay Solds
Question: How Many Cards Should I List?
Video: When to grade your cards
Research: Mastering the Sports Card Market on eBay
If you're aiming to elevate your sales and make those cards work for you, then the key is in eBay's sold listings. Let's break down the strategy to unlock value and win big.
How to Navigate eBay's Sold Listings Like a Pro?
1. Start Simple: Initiate with a general search term like "baseball". A quick tip: use the minus (-) sign to filter out terms you don't want, such as grading companies or card lots.
2. Utilize Filters: On the left, there's a set of handy filters. Activate the 'sold' filter to make sure you're only seeing cards that have been traded. This way, you're only looking at the real deal.
3. Set a Minimum: Introduce a price threshold. Starting around $15-20 ensures you're focusing on cards with significant value.
4. Analyze the Data: Dedicate some time to explore the listings. Spot cards that are fetching good prices and note what sets them apart.
5. Memorize: Keep track of unique cards that sell for good money. Everyone knows the popular rookies, but there are always gems to be found. Notice trends of players, parallels, sets, and unique charateristics.
Making the Most of Your Insights
Rather than checking each card one-by-one when you're sourcing, this approach gives you a heads-up on the cards that are in demand. Say you come across a CJ Miles 2017-18 card that you might think is just worth a dollar. But with a surprise appearance by Drake, its value jumps to $20! As you get familiar with this method, you'll be quicker in identifying these sought-after cards.
Closing Thoughts
Succeeding in the online sports card sells isn't only about having one or two great cards. It's about being savvy and truly understanding what the market values. With the insights from eBay's sold listings, you're equipped to maximize your trades and be a leader in the game. Ready to get started? Score into eBay's listings and discover the potential in your store!
Question: What's the Ideal Card Listing Count?
Unlocking Your Profit Potential in the Sports Card Marketplace
Setting your sights on a profit milestone is essential. But the burning question remains: how many cards to list to net that sweet profit? Let's decode.
Different Game Plans to Score a $100,000 Profit:
Elite Play, Fewer Cards: Imagine profiting $100 each on 1,000 cards for the entire year. That translates to listing just 3 cards a day.
Balanced Play, Medium Volume: Aiming for $20 profit on each of 5,000 cards? You're looking at 14 card listings a day.
Quick Plays, High Turnover: Eying a modest $5 profit? That's 55 daily listings. If you're thinking even leaner, at $0.50 a card, you're diving into a whopping 550 listings every day.
For many, the prospect of listing merely 3 cards daily seems like a walk in the park. But hunting down 3 cards daily that guarantee a $100 profit? That's a taller order. Conversely, while 550 daily listings might seem achievable on paper, it demands meticulous time management and a streamlined inventory system.
Striking the Perfect Balance:
Often, the winning move lies somewhere in the middle. What if you shot for a consistent profit of $10 per card? This play calls for listing and closing deals on 28 cards every day. Break it down to an 8-hour grind, and you're dedicating roughly 2 hours for listing and shipping, with a solid 6 hours for scouting. This means you're on the hunt for less than 5 profitable cards every hour! With tools like online platforms, local card shops, card shows, and grading at your disposal, unearthing 28 cards with a $10 profit margin becomes more than feasible. By spending less time listing, you are able to find the best cards for your store and make more money with each sale.
A Pro Tip to Remember: Always ensure your scouting game is in sync with your cash flow. If your current score is a modest $5 a day, prioritize hunting the highest-profit card that fits that bill. And remember, as previously highlighted, diving deep into sold listings can be your playbook to informed choices and steadily ramping up those profit percentages.
Video: When Should I Grade Cards
Want a clear method on when you should or shouldn’t grade a raw card? Here’s a great video from Baseball Card Collector Investor Dealer breaking down how to look at grading a card:
See you in the next quarter,
Andrew
Sports Cards Ultimate
PS: If you want a good push in the right direction, I offer one on one calls and store reviews.