which ebay dealers

[bobbyw8469]

I would think his profit margin is alot higher than 20%. I know he bought a card from me for $20 and sold it for $125. I would think that is more the norm than 20%.

[vintagechris]

Originally Posted by bobbyw8469

I would think his profit margin is alot higher than 20%. I know he bought a card from me for $20 and sold it for $125. I would think that is more the norm than 20%.

It could be more than 20%. I would think it is at least 20%. I mean even if he has 3000 items listed a month, he is only spending $150 in listing fees.

Looks like he is doing something right. Even at 20% margin he made over $1000 last week and only had to package 20 items.

By the way, I am taking all of his other expenses into account with the 20% margin.Card supplies, office supplies, fees, shipping and shipping supplies, computer costs, all that good stuff. At any rate, I don't think these guys are just wasting their time. Seems to be working rather well for them.

[Majestic]

His profit margin has to be closer to 100% to make it worth his while...

Remember to count the ebay/paypal fees...at approx 10%-14% on buy it nows..sales of $5700 have ebay/paypal fees of $600-$800. A seller has to make a 30-40% return just to pocket a 20% profit. If you buy something for $75 and sell it for $100, it's not 33% profit... ebay/ paypal gets $11.75 out of your $100 sale..so it's buy for $75 sell for $100...profit = $13.25.

[grundle20]

This is my personal experience, I'm sure everyone varies:

I'm all too happy to speak about this, because yepbg and 707 are definitely the highest. However, in my experience when you contact yepbg directly (Brian Goldberg,) he's been more than willing to talk much more rationally about his card prices. He places them on EBay at those prices not so people actually BIN, but so they KNOW he has the card, and then you can contact him "off the grid" (EBay is cracking down on that now), and then he can get away with dealing the card without having to pay the 15% EBay fees and PayPal fees if u pay by check.

On the other hand, Levi at 707 has been nothing but a brick wall for me when it comes to dealing. I've never purchased a single card off him, not because I didn't offer decent prices, but because he tried to squeeze every last penny out of me. For example, I made an email offer on 3k+ worth of cards (already a premium offer, BTW), and he countered with $3100. That's less than 3.5% of the entire deal and he let it fall through. I've never had that experience with anyone else.

[calvindog]

Originally Posted by grundle20

This is my personal experience, I'm sure everyone varies:

I'm all too happy to speak about this, because yepbg and 707 are definitely the highest. However, in my experience when you contact yepbg directly (Brian Goldberg) he's been more than willing to talk much more rationally about his card prices. He places them on EBay at those prices not so people actually BIN, but so they KNOW he has the card, and then you can contact him "off the grid" (EBay is cracking down on that now), and then he can get away with dealing the card without having to pay the 15% EBay fees and PayPal fees if u pay by check.

Um, sure. LOLOLOLOLOLOLOLOLOLOLOLOL

[Kenny Cole]

Jeff,

To read your last post, one might almost believe that there was at least a modicum of disbelief. Say it ain't so.

[Leon]

Originally Posted by Kenny Cole

Jeff,

To read your last post, one might almost believe that there was at least a modicum of disbelief.

maybe on a few different levels.

[calvindog]

Originally Posted by Kenny Cole

Jeff,

To read your last post, one might almost believe that there was at least a modicum of disbelief. Say it ain't so.

Never.

[alanu]

Originally Posted by Majestic

His profit margin has to be closer to 100% to make it worth his while...

Remember to count the ebay/paypal fees...at approx 10%-14% on buy it nows..sales of $5700 have ebay/paypal fees of $600-$800. A seller has to make a 30-40% return just to pocket a 20% profit. If you buy something for $75 and sell it for $100, it's not 33% profit... ebay/ paypal gets $11.75 out of your $100 sale..so it's buy for $75 sell for $100...profit = $13.25.

I don't think the fees are quite that much on higher dollar items. They go down considerably after the first $1000, as low at 2% I believe.

[Majestic]

Originally Posted by alanu

I don't think the fees are quite that much on higher dollar items. They go down considerably after the first $1000, as low at 2% I believe.

I never looked to see the average price per sale for this seller but yes it's true the higher the value of the item the lower the fees, but a $2000 card still costs you $142.50 in ebay /paypal fees.
If you sell 10 $200 cards your fees would be about $205.00 for that same $2000 sale.