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Showing content with the highest reputation on 01/18/2023 in all areas
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Lego has become a meme stock after the squeeze. The amount of people in those facebook groups saying they are going to hold sets for 10 years, or as their retirement plan, is insane. Every once in awhile I find myself starting to type up a message correcting their poor choices, or giving them actual advice.... then I remind myself that it's in my best interest that they stay dumb so I delete it.7 points
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no clue on production runs of non GWP sets, I leave the speculating up to you... lot of stores will be out today or tomorrow at latest unless smaller markets. At 100 average per store that is only 25k , weekends alone wipe that out even for small stores. Disney Springs averaging about 100k a day right now and they were at top end with the 400+ of these. Small stores only get 50-80. So its spread out accordingly where the sales go. Lego stores have nothing to do with those peoples quantities either. Regardless 10k is a very small number to be released on the US store side of things and depending on when they come back should be good for a bit. Just between the 3 promos it is like $95 in sales so like $65 clear. Least a 25% discount.3 points
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3 points
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Not true at all my friend....I had 4 separate orders get cancelled but for the simple fact i added on a few small items i ended up with the following for around $100 bucks 10-15 small items 4 blacktrons 4 polybags VIP Points Rakuten Cash Back Cash Back on my credit card3 points
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only 10k initial quantity on houses of world for US stores, that is super low depending on how many are in later releases.3 points
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2 points
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I put in some phantom stock orders yesterday with 50% already canceled, but I added some new small items to guarantee shipment.2 points
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Sorry, but that is not always true (although it is a large portion of the time.) I snagged two Stranger Things on one of the "phantom restocks."2 points
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https://www.amazon.com/75296-Darth-Vader-Meditation-Chamber/dp/B09787D1MW/ref=sr_1_1?keywords=75296+lego+star+wars&qid=1663040496&sprefix=75296%2Caps%2C103&sr=8-12 points
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2 points
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Oh the 3 I want. I have been to 3 Walmarts, Target, Kohl’s, Walgreens, Jo-Anne, Best But and Big Lots and still nothing. I’m on the verge of just buying a case.1 point
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I've placed a number of orders over the last couple weeks. Had some strange occurrences happen as well. Had 2 separate orders where I orders the max Qty (3 or 5) and they fulfilled a single set (and GWPs) and then cancelled the remainder. Had a couple showing waiting for new stock that I fully expected to be cancelled that were fulfilled. Needless to say Lego's inventory systems are really poor. But I got a bunch of cheap GWPs so I'm happy as a clam.1 point
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Definitely! We are excited and prepared for this epic release!!1 point
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I think this has less to do with the mechanics of the Amazon platform and everything to do with the increase in the “investor” class of resellers. It’s no coincidence that this comes on the heels of Amazon loosening the brand gate on LEGO and the proliferation of people putting out step by step guides on getting ungated. I suspect it won’t be too long before we start seeing more “Is LEGO investing dead?” videos on YouTube. Sent from my iPhone using Tapatalk1 point
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Just my quick research on Amzn: 76384 - It was selling for around $68 around August then a whole slew of FBA-ers fought each other for bottom price. Heck, somebody sold some for $45 in November Of course the price ceiling bots got activated 42121 - Same thing. Too many trying to sell at around $55 10271 - Same thing. Started strong at $160 and everyone wanted to bring it down to $140 and now at $125 10263 - Similar but not as extreme. FBAers trying to bring the price to below $200 My point is similar things happened to a lot of ASINs on Amazon. It was just for a few sets, the prices on eBay managed to surpass Amazon. How about 40274. This thing was selling at $59 until a bunch of FBAers forced the price down to $48. C'mon now, $48 for Santa set around Christmas when it could have been a $55 set. Talk about race to the bottom Maybe it is time to merge this to bubble thread ????1 point
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Let me clarify. I am not referring to hold time, which is years. I was simply trying to say that if I were to sell 1,000 items on my own it would take me many hours( if not days) to list, pack and ship those 1,000 items. I have a full time job and re-selling is a part time effort. I simply don't have the time do that much selling. That is where West End comes. For a fee they will sell the items. Could I get more if I sold on my own? Possibly, but I value my time more than a few extra dollars. I hope I cleared that up.1 point
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30% LEGO® ART Disney's Mickey Mouse 31202 https://www.barnesandnoble.com/w/lego-art-disneys-mickey-mouse-31202-lego-systems-inc/1138008993?ean=06734193411891 point
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What surprises you about that? I'm not asking that in a dickish way...just curious. Once you get the hang of things, it's pretty easy to move really large volumes if you can source the inventory effectively. I'm still a solo operation and moved close to 40k sets last year.1 point
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40530 Jane Goodall - Ebay shows roughly $30 in the recently sold 40531 Lars Homestead - Ebay shows roughly $50 in the recently sold 40532 Vintage Taxi - Ebay shows roughly $38 in the recently sold 40533 Cosmic Cardboard - Ebay shows roughly $28 in the recently sold 40562 Mystic Witch - Ebay shows roughly $25 in the recently sold 40563 Tribute to Lego House - Ebay shows roughly $25 in the recently sold 40564 Winter Elves Scene - Ebay shows roughly $27 in the recently sold 40566 Ray Castaway - Ebay shows roughly $33 in the recently sold 40567 Forestmen's Hideout - Ebay shows roughly $55 in the recently sold 40577 Harry Potter Grand Staircase - Ebay shows roughly $75in the recently sold 40579 Eiffel's Apartment - Ebay shows roughly $75 in the recently sold1 point
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Another huge factor is time. West End can move 1000 sets that would take me days to move. I get that everybody values their time differently but it’s worth a lot to me.1 point
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I hope they read this thread. I have been using them for a few years now but am honestly really debating on providing more items to them. It's not because of sales, or returns or the % they take is bad, I don't mind any of those as that is part of doing business and sales through them have been FANTASTIC. Sure some things sell at a lower price sometimes, but many of the items they sell are much higher and sold faster than any other outlet out there. The 30% total fee before shipping is nothing when the amount you are getting back is right around or better than what you could do yourself selling on Ebay or Bricklink or locally. Especially when you take the time factor into consideration. It is also enjoyable to watch their inventory on Amazon drop day by day as it isn't difficult to track yourself on how a set is selling across all vendors. But it is the communication. They don't call me back when I have a question on something which makes me feel like my inventory with them doesn't matter. Their voicemails don't even mention their names, which makes it seem like they are trying to hide. There is a schedule where every two weeks we are sent an email of our sales from the last 2 week period. It has been 3 weeks since that communication has occurred (so 1 week late at this time). This isn't the 1st time and usually it is because of a system error they are working through, or because of some other reason, but if there is a delay, it should be communicated to all their vendors. Also. the last time we did receive out spreadsheets of what we were going to get paid, that money has not been deposited into my account, which is now 3 weeks late. It is hard to give things to someone else, if schedules are not kept up on and communication doesn't occur. And, I realized this year that my inventory numbers suddenly dropped by too much. I'm told it is wrapped up and not checked in yet to their new warehouse, but we were also told back in August that they were nearly complete checking it all in. I really hope they realize they sold that inventory already or it appears back in my inventory and is sold, cause it is a substantial amount of inventory to suddenly not have any record of anymore (regardless if it is not checked back in or not, shouldn't there be an inventory list of what is left to be checked in too?) Anyway... i'm hoping communication picks back up. It used to be wonderful, but really soured over the last few months/year. I understand to a degree if it was due to their new website they were building and the new location move, but that still doesn't mean that they can't keep up on communications to us. I have no doubt that many vendors that use them would be feeling the same thing too.1 point
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Actually, they normally send in boxes. I really only worry about Walmart or Kohl's.1 point
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I can vouch for West End Toys and Evans. They sold and shipped thousands of sets for me and enabled me to clean out my house and storage unit in less than a year. Was it always a perfect experience? No, but I was one of the early consignment customers and they have improved greatly since then. Evans has also always been generous when it came to the Brickpicker LEGO raffle/sweepstakes for my son's school. If you have any questions, please feel free to PM me.1 point
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Then you are paying a $1.08/set storage fee for the year until Easter comes back around again for maybe a chance to sell that year. It's not a lot, but most Easter sets sell for what $20-$30? So it ends up being a larger % out of your profits. $30 sale... $21 after 15% platform fees and 15% West End fees... -$4 First Class shipping (guesstimate) = $17 Say you bought the set for 20% off of $10 with no sales tax.. $17-$8=$9... $.70 handling fee and $.62 shipping supplies $9-$1.32 = $7.68 profit... storage fees for an extra year would come out to 14% less potential profits you would make in this situation. That doesn't include the cost of getting the set to them in the first place. Or potential % fee for them to send your profits to you. I always asked them to mail me a check which was free, but to have them wire your payment directly to your bank they do charge a fee. Sent from my SM-G996U using Tapatalk1 point
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