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AuthorSearch Results
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03/09/2017 at 11:10 am #14166
In reply to: It pays to do research in higher end retail stores
I find the trends in the clothing market on Ebay over the last 15 years or so to be fascinating. There was a time in the early 2000s where you could pick up pretty much any Ralph Lauren Polo shirt at goodwill and flip it quickly on Ebay for $30.
The same went for vintage or vintage style t-shirts around the time “That 70’s Show” was popular. You could clear out the T-shirt racks at a thrift store for a dollar or less each and sell them for $15-20+ a pop for stuff you couldn’t give away today.
I was a small time hobby seller back then and I can attest to the fact that pretty much anything you placed at auction would sell and for prices that would be considered insane today, even if you didn’t have photos. It seems so archaic now, receiving all those money orders in the mail!
The market has only gotten more and more competitive as time goes on. I think part of it was the number of people that were looking for ways to make money after the recession, and the growth of Youtubers posting “BOLO” videos on clothing brands, jacking up the supply.
Like mentioned above, to survive as a seller today, its not enough to mindlessly pick up “BOLO” brands. You have to understand what people want in a particular brand. Take Coogi sweaters for example, they were a high end brand in the 90s and were popularized in the mainstream when rappers like Notorious B.I.G. wore them in videos. Coogi sweaters easily sell all day long for $100+, but you can’t give away the t-shirts / pants / etc. from the same brand.
03/08/2017 at 11:25 am #14087In reply to: Selling mugs; any tips?
Agree on the Starbucks to a point. If a newbie mugger is going to the thrift, a Starbucks is easy to identify and it beats a generic most times at the $10-$15 price point. Just like a Beanie is a Beanie among so much pure junk dollar store plush. Someone starting out in plush should not discount beanies, with the understanding there will be low $ sales at first. Once you cut your teeth you can up the game and get into the $20-$25 mugs which are slow baked bread and butter. Beanies as well. If I flagged Starbucks in a bolo style, my apologies, not intended.
02/26/2017 at 10:09 am #13337In reply to: BOLO thread (Be On the Look Out)
Another BOLO is studio/handmade pottery. I do well with interesting pieces which don’t even necessarily have a recognizable signature. Good forms, interesting glazes (browns don’t generally do super-well, but YMMV) — I’ve sold many pieces to decorators and designers for reasonable money and often, studio pottery is overlooked at thrifts and auctions.
02/20/2017 at 4:10 pm #12942In reply to: BOLO thread (Be On the Look Out)
same here–in my case about 80% of my merchandise comes from auctions–I love it, the local auction house went all online, and it is great for me, I can shop in my PJs and then the pick-up is only 15 mins away.
As for BOLOs–definitely bongo drums, I have sold every set I have found, I sell them for around $35, people love them for Tiki decor, etc.
02/19/2017 at 6:09 pm #12887In reply to: BOLO thread (Be On the Look Out)
Always A Trade Off U.K.
Participant- Location: The U.K. the land of the car boot sale.
@always-a-trade-off-u-kHi from the U.K. I have a BOLO for you, womens stilleto shoes in VERY LARGE sizes, I wont be indelicate and hope not to offend anyone but they are normally purchased by people who wouldn’t try them on in a shop ;-).
02/12/2017 at 9:13 pm #12375In reply to: BOLO thread (Be On the Look Out)
I heard the same BOLO on Wednesday or Thursday last week and checked one of mine, but nothing there.
02/09/2017 at 3:07 pm #12165In reply to: BOLO thread (Be On the Look Out)
This is so funny.. but I never knew what BOLO stood for… I thought is meant “Buy One – List One!” haha… now I know (Be On the Look Out For!!!)
02/09/2017 at 11:44 am #12144In reply to: Block Chromatics Plates and Mugs
Good Morning CT Lady. Did a search on one of the databases we subscribe to and found some information for you, see below.
Yes, find out how many pieces are in the set and what the distribution of pieces are, salad plates, bowls, dinner plates. You can see partials and larger set prices below.
And yep.. they are certainly a BOLO at the right price. Colors do matter.Also as I have mentioned before paid databases are a better source for historical prices, in our opinion. While we still look at Ebay – Etsy solds, they are usually the last place we look. Too many Ebay sellers don’t do their research and many times underprice their items and of course they sell them. I see some of those Etsy prices you list at $14 to $28$ dollars. We would quadruple those prices and go from there working backwards through make an offer [like Ryanne does] and using various, short weekly sales. But again just an opinion on here.
* Block Chromatics Red Lavender Lot Of 43 Germany Dinnerware Set Bowl Plat… Block Chromatics Red Lavender Lot Of 43 Germany Dinnerware Set Bowl Plat Sold for: $408.00 Source: eBay Sold Date: Apr 01, 2016
* Large Lot Pink-Lavendar Block Chromatics Dinnerware, Germany Large Lot Pink-Lavendar Block Chromatics Dinnerware, Germany Sold for: $389.00 Source: eBay Sold Date: Jun 07, 2015
* Block Chromatics 43 piece Modern Dish Set – Gold/Brown Block Chromatics 43 Piece Modern Dish Set – Gold/Brown Sold for: $360.00 Source: eBay Sold Date: Nov 08, 2010
* Block China Chromatics Red-Lavender Set-4+settings Rare Block China Chromatics Red-Lavender Set-4+Settings Rare Sold for: $300.56 Source: eBay Sold Date: Nov 20, 2007
* Block Chromatics Coffee Mugs Red Lavender Block Chromatics Coffee Mugs Red Lavender Sold for: $235.49 Source: eBay Sold Date: Oct 15, 2013
* Block Chromatics Bowls Red Lavender Block Chromatics Bowls Red Lavender Sold for: $213.99 Source: eBay Sold Date: Oct 13, 2013
* 6 Block Chromatics Germany Vintage 70s Red / Lavender Dinner Plates 6 Block Chromatics Germany Vintage 70S Red / Lavender Dinner Plates Sold for: $203.94 Source: eBay Sold Date: Oct 13, 2013
* Block Chromatics Salad Plates Red Lavender Block Chromatics Salad Plates Red Lavender Sold for: $200.00 Source: eBay Sold Date: Oct 13, 2013
* Vintage Block Chromatics Germany Dish Set Plate Cup Vintage Block Chromatics Germany Dish Set Plate Cup Sold for: $154.00 Source: eBay Sold Date: Aug 07, 2008Hope this helps,
mike at MDC Galleries in Atlanta-
This reply was modified 9 years, 6 months ago by
MDC Galleries & Fine Art.
02/09/2017 at 11:05 am #12138Topic: Block Chromatics Plates and Mugs
in forum Scavenging for InventoryI have an eye for midcentury vintage and found a cool set of dishes and mugs at my local thrift store. The brand is Block Chromatics, made in Germany (BOLO!) https://www.etsy.com/market/block_chromatics
This thrift store has the … annoying! … habit of identifying and marking up prices of most anything vintage and ebay-able. So the dish set if $40. eeek! I hate that. But I have to go back and count how many pieces are included, because I think I can still turn a good profit based on how many pieces are actually there.
There’s not a lot of info online about Block Chromatics but I can see that this brand is pretty sought after by certain collectors. So I will probably go back and buy them. They’re kind of adorable!
02/08/2017 at 12:15 pm #12057In reply to: Hello From New York
Yep.. Example at an auction Friday night. We did a preview earlier in the afternoon and while digging around saw an original case with Eldan marked on it. Open the case up and it was a double layered box of which only the top layer had content in it. Guess what, because of SL and creating our BOLO list and remembering, it contained 44 pcs [partial set] of Eldan Stainless “Canoe Muffin” pattern of spoons, forks and specialty pcs. Won the auction as a second bidder at $7.50 and estimate the chest will go for around $5 a pc. x 42 ++ = $200 plus dollars. We also did the same for some Disney character drawer pulls. Box of 20 pulls of Winnie the Pooh that will list at $10 each=$200 and got the whole box for $5.00.
It is things that you learn like this from just going back and reading through what everybody has sold over the past several years and you will build your mental BOLO list.
On Sat. we sat through another auction, higher end stuff, we had 17 items on our Want to Buy List and got out bid on all but one. But these were items that all would sell for hundreds of dollars but it had my cut off point because of what I knew I wanted to be my profit spread. We did get an Antique Victorian, Silver and glass pickle jar. Never been mentioned on SL but our databases all showed them have sold for $300-$350 dollars at about a 67% sell through ratio. We got it for $80. Smaller Margin Percentage wise than we usually get but higher dollar item so $80 will get us about $220 gross +/-. That’s all we got out of the 17 item list and it took 5 hours of sitting there. I swear, they had those special chairs that after 9:00 they automatically double in hardness. LOL..:-)So see, as Jay says, you just have to start, use your head and work at it. This is a job, just like anything else and it’s your business. I easily work at this 50 to 60 hours a week. But I do when I want, where I want, do it in my pajamas if I want, but you still have to put in your “quality time”.
You will find and hear on SL, over and over, what should I buy, where do I buy it, what should I pay for it, what should I charge for it, how do I clean it, how should I store it, even what is it. And the answers are at your finger tips, most of the time, but you have to create lists, bookmark places and answers, archive articles, research other places other than Ebay Solds. I use Ebay almost as my last pricing source, but we do pay for outside databases that give me tons more data, so that is a cost of running a business. One especially for real antiques for the higher dollar items.
Good luck and hope to see your numbers posted someday and maybe I will include your “highest item Sold and selling price in my spread sheet database.
mike at MDC Galleries in Atlanta
02/08/2017 at 10:47 am #12052In reply to: Hello From New York
Well Steve the answer to this question is right at your finger tips. I did this about 4 or years ago and got a great list of things to look for [BOLO]. It also will give you what the approx. selling price is and also you can work backwards from that and decide about what you should pay for it, depending on what type of gross profit margins you are looking for.
This is what I did and what I encourage you to do.
First either take a piece of paper or create a simple spread sheet.
Next start with the recent what sold videos here on SL or look at each weeks posting of the members store data.
Next write down each item that each member reports that they sold and what they sold it for. In the posts you will see the highest priced item sold for that week and what it sold for.
Now write those down on your list or in your spread sheet.
Repeat this for one year, just like I did. After doing that I had a list of over 1,000 items that sold and what they sold for.Now J&R have made this task very simple because they have everything organized so well, you can start with this weeks podcast and work backwards. I bet in about a few days you will have a huge list also along with what they sell for. Now just divide that what sold for number by whatever profit margin you would like and that will give you an approx. price of what you should be paying.
Example if you see a stack of a certain type of flatware or knives listed and they sold for $80 and you would like to make at least 5 times your investment, then $80 / 5 = 16. So if you see anything that is the same item then you should pay $16 or less. And of course “less” is better.
So I have just given you a method for creating a 1,000 item list of what you should be on the lookout for. All you have to do is put in the hours to do the research to build your list.
After we built a list of over 1,000 we used to carry a print out of the SS with us, but we have it memorized now and don’t need it. And of course you will get many new items in each weeks podcast.
Bonus Tip: When you create your list and you start to find duplicates of the same item sold, which we did find, then just add that sold price to the first one you had and average the two SOLD PRICES to get and avg.
So put in the hours and due diligence and you have the worlds best BOLO list right here at SL at your finger tips. 🙂
Mike at MDC Galleries in Atlanta
02/07/2017 at 3:38 pm #11982Well, this just kind of amuses me.
I wonder how legit this will be or if they will have to open an unpaid item case.
So then I decided to do a search for Harambe Cheeto and wow, people are fast….even one person listed a screen shot of the ad for the cheeto. And there is a second auction of a similar cheeto up to $90k
Never lose your sense of humor eBay.
02/02/2017 at 1:03 pm #11635In reply to: What Is Your Listing Process On Etsy?
Your welcome Lindsey.
Don’t want to start a war here but as “scavengers”, I just don’t see why anybody in this day and time want to spend 4 times the costs for a rig, parts or assecories for a Mac anyway? A $3 mouse or a $24 mouse??
Been around computers for decades, way back to the first Apple days. Owned them but gravitated to PC’s long ago because I could get into the guts if I wanted to. Also in the printing business we had to use Macs because every high end client used Adobe Photoshop and it was designed for the Mac environment. The Motorola chip sets they used, bench marked out at a little faster, so would process and RIP large graphic files much faster as we did color separations for 4 color process printing or outputting film. But for Business use, Spread sheeting and word processing once MicroSoft introduced MSOffice, Excel, Access for SQL database creation and Intel introducing it’s Quad Core processors, I don’t think an average Mac user can support why they spend so much more for a Mac.
Years ago, Apple did a smart thing by furnishing schools with free computers and maybe that is where many grew up with Macs. But bench test them side by side today and I think only a technician can see any difference. On top of that Macs have to use a work around or third party app to handle Office type programs. No big deal but why pay more to a rig to have to do that.
Used to hear that Macs were targeted less by hackers, well in todays world hackers go after anything, anytime, anywhere. And they go after your offline accounts and passwords besides.
To build a maxed-out Mac Pro, you start with the $3999 standard-configuration model. Then you customize it and select all the high-end upgrades. So, how much does a maxed-out Mac Pro cost?
Standard-configuration 3.5GHz 6-core Mac Pro $3999
2.7GHz 12-core processor upgrade $3000
64GB DDR3 ECC memory upgrade $1200
Dual AMD FirePro D700 (6GB of GDDR5 VRAM) video upgrade $600
1TB PCIe-based flash-storage upgrade $800
Total $9599I know this is a far out upgrade but you get my point. Seems like as “scavengers” looking for the best bang for the buck, that Apple products and Macs should not be on the BOLO list.
Now this all just came across my mind, let’s not get a feud going here. Just me thinking about why I would not invest into a Mac, not why you or anyone else should not.
Mike at MDC Galleries in Atlanta
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This reply was modified 9 years, 7 months ago by
MDC Galleries & Fine Art.
01/20/2017 at 8:48 am #10763In reply to: BOLO thread (Be On the Look Out)
Thanks for the pottery BOLOs! Here’s another one that I found by accident and seem to run into often afterwards. Fischer Budapest pottery, or Fischer J. Budapest pottery. I love it because it’s very distinctive and it’s kind of ugly to most people so nobody will pick it up. But it’ll sell for hundreds on eBay.
01/20/2017 at 8:22 am #10761In reply to: editing program recommendations please
Lightroom from Adobe is the bomb. It will do everything through a fairly intuitive interface. BOLO for an older version – sold on disc through at least version 4. Otherwise you can rent from Adobe for $10/month. I am an enthusiast and use Lightroom for all my photography. For any photographer, it is probably the single best piece of equipment you can purchase.
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I have an eye for midcentury vintage and found a cool set of dishes and mugs at my local thrift store. The brand is Block Chromatics, made in Germany (BOLO!) https://www.etsy.com/market/block_chromatics
This thrift store has the … annoying! … habit of identifying and marking up prices of most anything vintage and ebay-able. So the dish set if $40. eeek! I hate that. But I have to go back and count how many pieces are included, because I think I can still turn a good profit based on how many pieces are actually there.
There’s not a lot of info online about Block Chromatics but I can see that this brand is pretty sought after by certain collectors. So I will probably go back and buy them. They’re kind of adorable!
Well, this just kind of amuses me.
I wonder how legit this will be or if they will have to open an unpaid item case.
So then I decided to do a search for Harambe Cheeto and wow, people are fast….even one person listed a screen shot of the ad for the cheeto. And there is a second auction of a similar cheeto up to $90k
Never lose your sense of humor eBay.