How I Lose Money to Make Money Selling Bulk Singles on TCGplayer

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Other than the question of "Where do you get your bulk, and can I have some?" the question I'm most often asked is something along the lines of "How can you possibly be making money at this?" It's a question I'm very empathetic to because it was exactly the question I was asking a couple years ago, when I first started transitioning away from buylist picking and into scaling up listing bulk to TCGplayer. In this video, I explain why even if I do lose a little on some small fraction of orders, and then spend the time to ship those lossy orders, I still come out positive in a holistic sense. There's an argument to be made (and it often is) that if you make every aspect of your business not lose money, then the business as a whole won't lose money. It's hard to disagree with that, but there is an alternative argument that sometimes you can be okay with losing a little money here and there in order to take advantage of the opportunity to make more money later.
My website www.tcgbulkkings.com is the central hub to all my various social media enterprises. It's also got the bulk market information that I use to watch how the bulk market shifts over time. With the addition of the Shop, people can buy cards and things directly from me, and now bringing the membership service in-house rather than depending on a separate platform like Patreon I feel will really go a long way to making the site a destination for lots of people going forward. I hope you like the new additions! If you want to buy from the Shop or sell bulk to me, make sure you at least have a Free account, and if you want to support what I'm doing, or just get a decent discount in the Shop and a bit of free merch, go ahead and sign up for one of the Memberships! Cheers!
"If you make sales to get customers, rather than get customers to make sales...
You make the customer the goal." ~Alex Hormozi
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Use the shelves from two of these to make the shelves as I have them in the video. This is an affiliate link, so I'll get a little kickback if you get them through this link. But you don't have to obviously, these were just the most affordable ones I could find that fit my specs
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Опубликовано:

10 июл 2024

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Комментарии : 185

@mikeblaze365 Год назад

I would love a video just explaining how you package everything when people by singles to when people buy about 100 cards shipping has always been a issue for me to try to fully understand

@TCGBulkKings Год назад

I've done shipping videos before, but I'm happy to do more periodically

@christhemagnif 6 месяцев назад

One thing I do for larger orders is I break them into smaller batches. Like someone buys 30 cards, I ship two PWEs with 15 cards each. That way I’m not spending $4+ to ship a package

@OldManDan2024 5 месяцев назад

@@christhemagnif Wow. I never thought of that as a solution. That makes so much sense. I really appreciate that advice.

@ChickenMcThiccken 4 месяца назад

if you are strictly dealing with BULK and expect to sell every single card; no matter the price? you treat that penny card as if its a 100 dollar card. with respect. it will sell

@VitoD226 2 месяца назад

@@christhemagnif that is a waste of money and resources. You can fit more in an envelope, just get a larger size envelope. Toploaders also protect the cards well enough so don't worry about that.

@MELOVISIONHD 11 месяцев назад

Listening to all your stuff at my warehouse gig, just subbed , s.o from Chicago

@TCGBulkKings 11 месяцев назад

Hey, I'm glad I can at least break up the monotony 😂

@troycrowell3544 Год назад

Awesome content as always, good sir. Ben sorting through some of my own bulk MTG to clear some space :)

@TCGBulkKings Год назад

Thanks, glad you enjoyed it

@xRagnarokHQx Год назад

haha I love the little blooper at the end that was a nice touch XD

@TCGBulkKings Год назад

I thought the timing of the camera turning off right when I figured out how to talk again was too funny not to include 😂

@mikeblaze365 Год назад

Your videos are always so informative and amazing

@TCGBulkKings Год назад

Thanks, glad they are helpful

@benjaminsantiagosstuff Год назад

I've been watching some passive income/finance bro youtube stuff and they always talk about how much money you have to spend on advertising or that being a hurdle. I don't think people really think about how much TCGPlayer sets up for you to ease the process that you don't have to do any advertising/marketing for and that you get this "captive moment" from someone who is already interested in your products that goes directly to their house. Most marketing people would kill for that. You just kinda gotta have cards. Even the supplies; I have a ton of extra top loaders I felt wasteful throwing away from ordering cards before I started selling. I think people often say it is more work to sell your cards than to just get $10/1000 cards or whatever LGS's typically do, but if you have the obsessiveness to play MTG you have the power to organize and sell your cards.

@TCGBulkKings Год назад

Spot on. If you're going to organize the cards enough to pick for a buylist, you won't spend much more time getting the value the buylist people would be getting, and selling a bunch of stuff but on the buylist besides

@BuckGT Год назад

I'm definitely starting to getting on board with your longtail philosophy

@TCGBulkKings Год назад

Glad I'm starting to move the needle, one convert at a time =]

@driptcg 2 месяца назад

Very cool. Im just a buyer/player, but i had always wondered about this

@TCGBulkKings 2 месяца назад

Always glad to shed light

@Nightflux_Hobbies Год назад

Really Great Information. Thank you!

@TCGBulkKings Год назад

I'm really glad it's helpful to you!

@WhenPokemon Год назад

Commenting to support :) thank you

@TCGBulkKings Год назад

Much appreciated

@KilatSilat Год назад

Your videos are amazing thank you so much

@TCGBulkKings Год назад

Thanks for watching and your kind words 🙏

@mountainlifemagic3207 Год назад

Informative as usual. When you expand to Texas, I'm your guy. I have a massive bulk supply.

@TCGBulkKings Год назад

I'll have to keep you in mind next time I'm over that way

@Voidqll 11 дней назад

@@TCGBulkKings know u posted this a long time ago but thanks man at 12 i started a bulk business with my dad and we are actually making good money.

@lucky13cards25 Год назад

I needed this video today. I was on your channel trying to decide if direct is for me and this popped up. Thank you for the content! Do you sleeve

@TCGBulkKings Год назад

Glad it was timely for you! I don't go beyond 8 cards per shield, that's in one penny sleeve. If individually sleeved I think it's about 5, maybe 6 fit

@Mutoforma Год назад

@@TCGBulkKings my max is currently 5 in a single sleeve. Have you had any issues with 6-8? I would've assumed that'd be too many to successfully go through their sorters.

@TCGBulkKings Год назад

@@Mutoforma Very rarely have an issue, and it's mostly when some human gets involved, not the machines ever having issues. I've had I think 2 orders chewed up in the last 2 years.

@pokene_pokemon 2 месяца назад

Solid advice

@TCGBulkKings 2 месяца назад

Means a lot coming from you 👍

@MTGUnpacked Год назад

How much time do you estimate you spend daily picking, packing, and shipping cards? Seems like it'd be very time consuming!

@TCGBulkKings Год назад

When I keep up with it on the daily, it's just an hour or two, not counting days I have a reimbursement invoice to send off. Those take a few hours usually

@JuanPerez-rc8oe Год назад

Question- How do you handle Code Cards for Pokemon? Do you physically send the card to the Customer, or do you message them with the code? I've looked everywhere I could think of and found no info on the subject.

@TCGBulkKings Год назад

I physically send them, I don't want to mess around the possible repercussions of not sending something someone bought. But I know many people do send codes in messages. I would think that would have to be advertised though, the default ought to be physically receiving them. Likewise, I only sell ones I know haven't been used, i.e. I saw them opened or opened them myself

@ecuatoriano48 Год назад

Thanks for the amazing video! Curious about how you got your website name and QR code on the shipping shield?

@TCGBulkKings Год назад

It's a relatively new service they offer, if you check out their page at shippingshieldus.com/?ref=753 you'll see a notice at the top of the page about it

@southendal3740 Год назад

Do you think putting a note to encourage people to use your pro website would be helpful? I think being able to set the dynamic shipping fees for orders over say 5 or 10 dollars wold work very well.

@TCGBulkKings Год назад

Historically I've had very little traffic to my pro website from flyers. I get more traffic to my own website :shrug:

@EBroxas72 Год назад

Can I ask you a random question a problem I am dealing with atm with my tcg player store which is how I found your channel? I had a buyer buy 400 bulk cards from my store at once and Idk how to ship that out without it being a massive loss due to shipping costs to ship out so many cards *buyer only paid 1.30 for shipping cuz it was only "singles"*. How do you handle orders like that in your store? Would this be one of those cases of it being jus an advertisement? or am I missing something with how to ship this or how tcg player works when it comes to its Small/medium/large/extra large orders?

@TCGBulkKings Год назад

You should be able to put 60-80 cards in a team bag, and then put those team bags in a bubble mailer or a flat rate small box or even a BCW 1 row. Make sure they aren't going to move around or anything. Shipping for that should be $7-10, and if your order for that many cards is over $20, you should be making a few cents per card, which is better than some 2-card orders

@pepandaworldrecords6296 9 месяцев назад

Hello, thanks for this amazing information! I am a small online store in the Netherlands. In Europe we have Cardmarket instead of tcgplayer. On cardmarket you can change the shipping price but the shipping is €1,01 in the netherlands and €1,65 in Europe from my country. Cardmarket automaticly adds €0,30 on shipping for material costs and time. So how should I price my bulk Pokemon cards? And should I leave shipping the way it is or change it?

@TCGBulkKings 9 месяцев назад

I really wish I could advise you, but honestly I really don't know enough about shipping in the European market to be any kind of authority. Personally, I think the psychological friction caused in the buyer by there being a charge for shipping outweighs the time saved by charging more. So my personal philosophy (which I admit may be different for others) is to charge as little for shipping as possible, any time I sell something online. Work the cost into your asking price for the items. I can't access CardMarket here so I don't really know how best to do that in detail for that platform, but generally I would advise setting your shipping charges as low as you can tolerate.

@mtgmocksman1407 Год назад

How often would you say you replenish your supply of inventory? Are you always buying or do you look for a large score every couple months or so?

@TCGBulkKings Год назад

I prefer the always buying model, picking up smaller more easily processed chunks at a time. I've gone too long with a huge 'death pile' as they call it in the eBay seller world that has buried money in it but I can't get to it because it's too big, and I'm too neurodivergent to just go ham on it when it gets too big. Hopefully my newer model and processes make things easier for me

@jacoblabatore6183 Год назад

On the topic of Direct. What do you do with cards that are consistently "out of stock" for direct? These cards seem to never sell and I am struggling to find a way to move those cards.

@TCGBulkKings Год назад

This may be a disappointing answer, but I wait. My business model doesn't need every card to move, it's based on the idea that the fast movers will cover the slow movers, so the slow movers are basically a free roll. If you need to hurry them along, you could simply take them down and accumulate them till you can send bulk to a bulk buyer. You could lower prices, but you risk selling them all at a loss. Or you can wait till the market helps you out - which may be years

@dallasfalmier7010 Год назад

Hey man, what's the most cards you can send in a shipping shield PWE without the post offices sorting machine shredding it?

@TCGBulkKings Год назад

In my experience, 8 is about the max you can get into a Shipping Shield comfortably. Never had a problem with one getting shredded. Only Shredder action I've seen was on a toploader, I still have it taped to my wall along with the "We Care" tag they sent with it when it was returned to me

@JarredJuett Год назад

11:01 Best lesson in this video.

@TCGBulkKings Год назад

Yeah, this is a mindset difference that's difficult to get through to people, because it goes against many other common mindsets

@Mutoforma Год назад

Hey! I've a couple of questions: 1) So TCGplayer has some soft baseline requirements before they accept you into the Direct program. What did you do to ramp up to those requirements? I've a store of my own, but I don't quite have the weekly throughput yet. 2) Do you personally collect cards as well as selling them? If so, how do you manage which cards go to your personal collection vs your store? I'm asking more from an accounting perspective, as a good portion of the collections I buy for my store go directly to my collection. TIA!

@TCGBulkKings Год назад

I applied waaaaaaay before knowing about or being close to the requirements. I was denied like the noob I was, and I simply carried on jamming inventory in as fast as I could to grow. I was up to about 100k listed when they reached out to me saying I'd been approved. For personal collection, I don't personal collect much. But when I do, I treat it like an owner's dispersement, or self employment wages.

@Mutoforma Год назад

@@TCGBulkKings I presume you were still selling bulk even back then? How'd you make that profitable?

@TCGBulkKings Год назад

@@Mutoforma By listing a very large inventory so that most of my orders failed to fall below the breakeven point, and by impressing the buyers of those orders that did enough that they would become repeat customers on larger orders

@fontifinds3711 11 месяцев назад

I am in full swing.. notice a lot of the orders i am getting are 1.07-1.20 single card orders (thats total with shipping .99).. These essentially become .20 cent losses. Do I just need to be more patient? Or am I going about it wrong listing .05 cards not being tcgdirect eligible?

@TCGBulkKings 11 месяцев назад

My floor when not in Direct is $.10 right now. But if you have a large inventory, you will get fewer of those type of order as a percentage of your total orders, due to the synergy that counts grin being able to fill more needs and the wonders of Cart Optimization

@joshbuck1128 Год назад

13:05? He wasn’t kidding about the long tale.

@TCGBulkKings Год назад

Funny 🤣🤣

@TNCards Год назад

I've seen in some of your previous videos that you also sell Pokemon cards... which do you have an easier time selling online? MTG or Pokemon?

@TCGBulkKings Год назад

MTG seems to sell a bit faster in the bulk realm, but it really depends a lot on what I've focused on listing lately

@OmarElMossalamy 5 месяцев назад

When you factor time to ship out the orders that fall out of direct, do you still find it worthwhile. Here in California where minimum wage is quite high and I figure someone packing could get through 20 orders an hour that are non direct I find it as a large loss to sell things that are sub .50cents additionally there will be times when buyers will abuse cards that are sub .05 and place a large non direct order which pushes the weight of the order beyond the non-tracked thresh-hold resulting in a 3.6-$5 label which costs more than the entire orders return

@TCGBulkKings 5 месяцев назад

Yes. Minimum wage is too low, but it's still worth it for me. There are some orders that lose a little bit of money, but it's still worth it for me. There seems to be this illusion that almost all the orders that fall out of Direct are these tiny lossy orders. In reality it's 15-30% of those orders, and they lose on average $.05 each. It's really soon after that threshold that the payout overwhelms the $.30 portion of the fees

@kekun1984 Год назад

Thanks for the great content, as always. Do you have recommandations on an other platform so sell bulk for us, poor Canadian, who are not allowed to sell on TCGPlayer? I have a relatively well established eBay store, but eBay is really better for cards worth a dollar or more, and I'm starting to get drowned in bulk that I would much rather sell then just throw away.

@TCGBulkKings Год назад

I don't have any for sure recommendations for Canadian sellers, but you could do worse than CardTrader, even with their recent spat with TCGplayer, I think they're probably the best in town side from eBay for outside the US sellers at the low end of the market

@kekun1984 Год назад

@@TCGBulkKings I've been looking at them since the announcement of the CardTrader Zero. I think it's time to give it a shot. Thanks!

@luke5740 Год назад

Do you have to like get a business license and how does the taxes work out with all of the loss sales. Do you have to pay an inventory tax at the end of the year for bulk that doesnt sell?

@TCGBulkKings Год назад

I recommend you get a business license for anything that may generate a significant income. As for tax purposes, I'm not a tax advisor, but I just record my inventory costs and my expenses as well as my revenues and compare them later. I'm not too concerned over any single transaction. I've never had to pay tax on my unsold inventory (that I know of)

@ChickenMcThiccken 4 месяца назад

you are correct. every card has a value and every card has a buyer. for example...... if someone is selling you 1000 or 5000 cards for 100 or less as bulk? they are pretty much throwing away hundreds of dollars away. the problem with this is....... it takes TIME AND EFFORT TO LIST 5000 1cent cards. get it? how much will it take you to list 1000 cards? how about 5000 cards? what about 10,000 cards? you know how long it took me to catalogue all 10,100 cards that i currently have? FOUR YEARS!!!!!! yeah 4 years..... its just a time consuming event; and even after typing in all 10,000 cards. i have to sleeve those cards. which is also another reason; why my whole collection is valued at $6300' but i only spent about $2000 in buying packs and what not. in the end. is it worth the time and effort to catalogue and list 1000 cards , even though many are a penny ? YES.

@Crocodonk Год назад

Do you have any videos explaining how you go about doing your taxes for the bulk singles you sell. How do you keep track of what card came from what collection and how much it cost you for the card, and what about all the cards that don't sell? It just seems like this would be a total nightmare to keep track of everything.

@TCGBulkKings Год назад

No I don't, because I don't at all track it that way, any more than I would try to track which booster box a certain copy of a card came from. I'm not at all a tax advisor, but I just track my inventory expenses as a cost of goods sold, rather than trying to peg a cost to each individual card among hundreds of thousands

@zacharypew8391 Год назад

I can say if you get your stamps for 63 cents and cell 8 cents worth of cards you profit 1 penny after fees and shipping cost at least for ,e at the price I get my supplies. If you get stamps like me at 59ish cents a stamp you only need to sell 4 cents of singles to profit a penny. My average order is about 25 cents worth of cards and you can have upwards of 50 sales a day.(granted I've only been at it for about 3 months) So there is much, ore room for growth in daily sales. I haven't even started to do tcg direct as my store doesn't qualify yet but there is alot of room to make a profit if you are willing to put in the time to buy and sort bulk.

@TCGBulkKings Год назад

Do you get your supplies for (checks notes) $0.00? I agree though there's a huge amount of room in the bulk seller market

@zacharypew8391 Год назад

@@TCGBulkKings I've gotten my per order costs to 3.6 cents or something around there per order of 10 cards or less

@topnotchtsi Год назад

Are you getting envelopes for free or something? lol My .10 orders net me .65 on TCG. I am still paying .63 cents a stamp and like .06 per envelope. I don't just throw a bare card in the envelope and hope for the best either. At least 1 penny sleeve. I mean the cost of the paper and ink for the invoice are there as well. Thankfully my per order cost has been way higher, but I don't deal in bulk (currently) I've still managed 1000 orders since I started on 1/6/23. I'm still on the fence about doing direct. Thats crazy you've gotten your per order cost that low. I rather take the few cent loss and make people appreciative of my packing than go absolute bare bones to widdle down pennies. That strategy seems to have worked, because out of those 1000 orders, I've received 780 5 star feedbacks.

@zacharypew8391 Год назад

@@topnotchtsi envelopes roughly 1.2 cents per, got 10000 penny sleaves for 50 bucks .5 a sleeve i use heavy card stock i get and cut into my own paper sleeves roughly 1.6 cents per then my stamps are 59 cents a piece. I'm just using what I have available with the capital I have available to me. at roughly 600 orders in the last 2 months with a 99.6% positive rating.

@TraphouseTCG 5 месяцев назад

100% feedback is baller

@FolkwoodsWest Месяц назад

Hello, I have just under 7,000 cards listed on TCG (Magic Cards Gather). I was just accepted under Direct. I'm nervous to pull the trigger because right now I sell about 8 envelopes worth a day (that I mail out) and that is kind of the max time commitment I have. The incentive of selling a bunch more cards is exciting, but I am currently kind of "at my max time commitment" I can make. Should I pull the trigger?

@TCGBulkKings Месяц назад

If your Direct experiences reflects most that I've heard, what will happen is that you will get lots and lots of orders when you switch it on, but you won't need to ship them all the next day. You will in all likelihood drop to having to ship yourself 1-3 orders per day, but then have a big shipment to send out once every week or two, depending on the demand on your cards and their value. If you can commit to shipping a large package (that is, several hundred cards) every few days, then it will save you time and money both. If that's not something you can work out, then it may not be best for you. Also, you can just try it out, and always switch it off if it doesn't work for you, if you get overwhelmed, or you just don't like the vibe. I honestly suggest you just experiment with it and see if you like it or not. There's almost no chance of it messing you up, because you can just stop if it seems like it's going that way Best of luck!

@t-hack618 Год назад

What are the bags you are putting the magic cards in called? I’ve been looking for something bigger than team bags to fit 100 cards into but don’t know what to look up

@TCGBulkKings Год назад

You want to look for a product called "graded cards sleeves" they are designed for holding graded slabs, so bigger. Hold about 100 cards

@t-hack618 Год назад

@@TCGBulkKings thanks!

@MikaelKonradsson 24 дня назад

Maybe dumb question but what are those bags you put the stacks of bulk in? Where do you buy them?

@TCGBulkKings 24 дня назад

Do you mean the little plastic bags that can fit 50-100 cards, depending on which ones you get? Those are typically called /team bags/, so called because you would put all cards from the same sports team in them to get a bunch of cards of, say, the NY Mets or the Dallas Cowboys or whatever. You can get them from BCW Supplies (and lots of other places too), and if you use my discount code 'tcgbulkkings', you will not only support my channel but also save 10% on your order!

@CaptMorgz Год назад

Ia there still value in listing cards at $0.01? My understanding is that I am making half a cent but on average it would cost me a cent to ship the replacement to TCG. Can this be worked around by charging shipping to the customer on order unless they spend a certain amount?

@TCGBulkKings Год назад

I don't list below $.05, if that helps. There may be some loss leader value on the $.01 listings, but I have a harder time seeing it

@CaptMorgz Год назад

@@TCGBulkKings Thanks for the clarification. That said, I notice most buy lists have bulk reverse holos and holos hovering in that .05-.08 mark, but I notice a lot selling right at that on Tcgplayer low. Are you pricing at a more mid range in order to turn that profit even with others selling under you?

@andrewkrause2179 Год назад

Hello, any chance you can go into what your minimums are for Magic. What is the minimum for common, uncommon, etc. Thank you

@TCGBulkKings Год назад

Sure, for Direct eligible games I don't go below $.05 for anything, and it's $.10 for non-Direct games. Higher rarity cards are priced relative to their costs and associated fees for selling them, so it floats a bit as bulk prices fluctuate

@better2bsaif Месяц назад

Is this your full time gig? Starting to get into your videos and selling cards and wondering how far someone could take it

@TCGBulkKings Месяц назад

It is, somewhat by necessity as I have realized I have a very hard time working for others, but I'm planning to take it as far as one possibly can and show you all what I'm doing on the way

@Brah7 Год назад

I know this isn’t the topic of this video, but how do you keep track of all the cards value? Like if a $2 card suddenly goes up to $10 or a $5 suddenly gets reprinted and the price drops.

@TCGBulkKings Год назад

I usually find out if there's a spike by suddenly selling out of something. If it's a slower price increase, TCGplayer's autopricing tool called MassPrice works that out for me. Same with price drops, MassPrice keeps me pretty close to the correct price most of the time.

@Brah7 Год назад

@@TCGBulkKingsis that a level 4 seller tool?

@Crocodonk 6 месяцев назад

You probably found the answer by now, but you get mass pricer with a TCGp Pro Seller Account. They charge your orders like an extra %2 as a pro seller. @@Brah7

@TNCards Год назад

I never consider using low sale orders as an opportunity to do some marketing. I'll have to keep that in mind when I actually begin to make some profit selling or even revenue from the YT channel. Do you have an LLC established? If so, do you have your RU-vid channel associated with the LLC or your personal tax ID?

@TCGBulkKings Год назад

Just a sole proprietorship, just route everything through my business bank account and/or PayPal

@TNCards Год назад

@@TCGBulkKings That makes sense, thanks for the reply!

@giverofmagic8150 Год назад

As a direct seller myself, I am always watching your videos and thinking that maybe I should start selling my bulk on direct, but the hurdle isn't as much the shipping side of it, but the sorting and listing. Buying bulk at $6/1000, then even if all 1000 cards sell at 10 cents each, that's only 44 dollars profit after fees. When you take that 44 dollars, vs the time it takes to sort, grade, list, and pack, how much are you making per hour of time spent? I know your making money, but is it enough to be worth the time spent? Love the content!

@TCGBulkKings Год назад

I appreciate the thought that's gone into this comment. My response may not hit right, because I feel like it's coming from a different mindset. But here goes: When you get decent at sorting, listing, shipping, the amount of labor involved in eventually flipping those 1000 cards isn't much more than a couple hours, so even in a by-the-hour estimate it's not too bad, and sure beats flipping burgers. But also, the 1000 card test scenario isn't really as helpful as you'd think. Partly because you aren't going to get that $44 or whatever tomorrow for listing it today, and also you aren't going to have to put out that time all at once either. You are going to be listing another 1000 cards or more every day, and that larger and larger inventory synergizes with itself, it compounds with itself. Not just in the dollars per day stacked up that gets made from each thousand listed, but also in the fact that having the bigger inventory will lead to a faster inventory turn and larger transactions because you have more products the customers want. I hope that helps clarify my thought process, and why I don't think my whole project is a waste of time. Cheers!

@giverofmagic8150 Год назад

@TCG Bulk Kings thanks for the reply! I hope I didn't come off as insinuating that I think your wasting your time, wasn't my intent at all. What you say makes sense, I guess maybe I will have to try it out...the time sorting might not be as arduous a task as what I envision. Cheers!

@TCGBulkKings Год назад

@@giverofmagic8150 I didn't take it that way, sorry if I seemed to be annoyed. I also get a lot of joy out of sorting, it helps soothe me, like I'm putting order back into a disordered world, so I'd be doing it anyway for whatever else I was doing with cards 😂

@EnochTheMuffin Год назад

Love your philosophy. I started collecting Pokémon just a few months ago. Just have a few hundred cards. Would you recommend to go ahead and list everything on TCGPlayer at market price to start building a base? I'm not looking to make a living, but just to reclaim some cost to fund my collection.

@TCGBulkKings Год назад

I think at the beginning, if you aren't looking to lean into the labor involved, and you're just trying to recoup some costs, I probably wouldn't start with bulk. Sell off your hits that you don't want, see what you think about selling and all that entails. Evaluate if you think you're interested in doing the massive amount of sorting and scaling your shipping operations so that bulk becomes something that makes sense

@EnochTheMuffin Год назад

@@TCGBulkKings Thanks! The way TCGPlayer is structured with seller levels kind of guides me that direction anyway. I imagine I'll probably scale up to sell bulk singles at least for a little while to see how I like it. I enjoy this kind of work and consider it part of the hobby.

@TCGBulkKings Год назад

@@EnochTheMuffin right on, sounds like you've got the spirit

@SAULGAMEZ Год назад

Love the video. I’ve got About 3k Metazoo cards. Do you think it would be worth listing on tcg?

@TCGBulkKings Год назад

If you're already lvl4, then yeah, spend a couple hours to sort them and list them. Worst case, your collection is all sorted 😂.

@SAULGAMEZ Год назад

@@TCGBulkKings thanks 😊

@Brah7 Год назад

How long did it take for this to be a viable source of income? I don’t need to know numbers I was just curious if this is a sustainable way to make money.

@TCGBulkKings Год назад

It's always been positive, just been a grind to build it to something that I can keep taking money out of without tanking the business completely. It's different for every operator's situation, how much time you can put in directly correlates with how much it pays off. If you can put a lot of time in consistently, you can grow it pretty quickly. If you are trying to do it around 60+hrs per week of other obligations, it will still grow, just not nearly as quickly

@parkerolson4509 Год назад

Would love to know about what your packing process looks like. For a single card I place it in a perfect fit penny sleeve $0.015, then into an unbranded shipping shield (just starting out) $0.10, with the packing slip $0.02, inside an envelope $0.031, with a stamp $0.62. Overall this costs me $0.7725. If I listed this card at $0.05 as a marketplace seller (non direct) I would pay $0.30 + 2.5% ($0.01). Customer pays $1.04, I pay $1.07, resulting in a $0.03 loss. Would it not be worth it to set your minimum threshold at $0.10 vs $0.05 as this would make the bare minimum for an order $0.005 allowing you to break even.

@TCGBulkKings Год назад

Sounds similar to mine, though I've driven the costs down a bit so I can include a team bag and either a qr code and branding on my shipping shield or a flyer in the larger orders. I use #000 bubble mailers for bricks of cards up to about 80, and then the #2 mailers for multiple bricks, folded over as necessary to keep the product from moving around

@TCGBulkKings Год назад

Most of the rest of this is addressed in the video, but I'll answer here. Most of my sales are through Direct, which has a different fee structure, and I'm not able to pick between direct and non-direct pricing. My floor for games not in Direct is $.10. And anyway, as discussed in the video, the couple cents of loss is showing I view more as a cost of lifetime customer acquisition

@granos1900 Год назад

@@TCGBulkKings Just figured my threshold for a sale to be profitable is around 30 cents (using a more expensive shipping method cause Ive transferred from more of single selling to bulk which I hope to switch after I run out of supplies) would you recommend selling the bulk for games that aren't direct (flesh and blood) because of the reasons you listed in the video. Then eventually after you hit direct move back into magic pokemon etc.? Or just continue to sell taking a bit of loss to eventually wind up in the direct program. Thanks again! Awesome content 😄

@craftandcrack 6 месяцев назад

Great video! Question: is all of it tax reportable? Like, as an individual, if I sell like $1.000 monthly, do I need to report? Is it income?

@TCGBulkKings 6 месяцев назад

By law, you are required to report all income, including income that you make from not a regular job hashtag not tax advice

@craftandcrack 6 месяцев назад

@@TCGBulkKings makes sense, thanks! So there’s no exceptions depending on the amount of sales I guess

@TCGBulkKings 6 месяцев назад

@@craftandcrack IRS don't give a f@#$. I document my $.02 pay per click affiliate revenue the same as if I sold a Mana Crypt

@TylerClarkTech 10 месяцев назад

whats a good way to start buying bulk in my area, I have no idea where to start and I imagine I can't just hang out at the an LGS and solicit

@TCGBulkKings 10 месяцев назад

I recommend you find local Facebook groups, and/or just let your playgroup know you will trade cards for bulk

@TylerClarkTech 10 месяцев назад

@@TCGBulkKings thank you :) love watching your videos!

@marktornabene3205 Год назад

Quick Question: For a seller on TCGPlayer that is able to be profitable on orders of +/- $0.05 using there own shipping methods. Would the Direct program be a right fit for that seller? My thought is this; if a seller can have a sale of $0.05 with .99 shipping for a total of $1.04 subtract Fees ($0.44) for a total of $0.60. If this seller can still make more than $0.05 after shipping costs on their own method, What incentive would they have to take $0.025 from Direct? Thank You for any insights you might have on this question and for all the content you produce!

@TCGBulkKings Год назад

Direct draws much more eyeballs than explicitly not direct. 10x the volume at half the profit is still 5x the total profit

@CardThrone Год назад

literally impossible to profit from that order you mentioned unless the seller is using fake stamps

@TCGBulkKings Год назад

@@CardThrone I was driving and couldn't prices the math, but yeah, good call

@topnotchtsi Год назад

@@CardThrone I was about to say, it's costing me .63 per stamp and thats not factoring in the envelope either. Plus I have some penny items in there with how I package my stuff. I need like an .18-.20 order to "break even"

@808sbn 5 месяцев назад

Hey. Do you ever change your floor price for bulk cards? If so, could you explain why?

@TCGBulkKings 5 месяцев назад

I have once changed my floor price. When I initially started this whole thing, I was only doing Magic and set my floor price to $.05 (and higher for different rarities). I have since gone through lots of changes in the business. My current floor is a flat $.05 for all rarities in all games in Direct, and $.10 for all games not in Direct (since I am shipping all those orders myself).

@808sbn 5 месяцев назад

@TCGBulkKings thanks for your reply. For someone just starting out without direct, would you recommend my floor to be also at $.10

@TCGBulkKings 5 месяцев назад

@@808sbn I try not to recommend but rather to advise, because I don't know you or your business and that will affect what floor price you're willing to go with. But, once you've reached level 4, and if you're looking to list low end cards, I think $.10 is a good floor. Those times someone orders just one $.10 card, you're only losing a couple cents, and you get plenty of synergistic sales of people buying lots of cards together because your stock is wide

@808sbn 5 месяцев назад

@TCGBulkKings sounds good. Thanks for the advise. Keep up the great work and take care!

@markoezefeld199 11 месяцев назад

Whats the best way to build up stock of more expensive cards without buying them from another singles retailer?

@TCGBulkKings 11 месяцев назад

Can't advise really on this, as I'm not really doing so. But you could buy collections, or use TCGplayer buylist, or set up your own buylist. Maybe advertise on local groups on Facebook that you pay x% of TCGplayer low

@NotTellingYou- 6 месяцев назад

Is your website through TCGplayer’s pro feature or do you have a separate website that is synced to TCGplayer? I started selling a few months ago and had a lot of sales very quickly. Was making money fast. Most of which I used I put back into the business. Now that I’m a level 4 seller, I started listing bulk singles and now just about all my sales are just a couple a week for 1 or 2 5 cent cards. I’m losing money on the fees alone. Then after shipping I’m getting killed. What can I do to change this or not lose so much after shipping?

@TCGBulkKings 6 месяцев назад

1) I have my own website, tcgbulkkings.com, that I run. And I also have my Pro Seller website through TCGplayer, tcgbulkkings.tcgproseller.com. They aren't synced in any way. 2) There are 3 things I can recommend that I think will help you out. First, list more, list as much as you can, and keep listing product that is above that bulk level. If you can increase the breadth of your inventory, you will get more synergistic sales that will result in fewer of those tiny orders. And when you have higher demand cards, but a big catalog of lower demand cards, a lot of those lower demand ones will get added onto the more valuable orders. Second, drive down the costs of your shipping as much as possible without sacrificing the customer experience. My costs to ship are around $.76 or so right now, so even on a $.05 order, after shipping credits, marketplace fees, and shipping costs, I'm only losing about $.10, which is more than made up for by those bulk+ cards or the orders with multiple cards in them. Finally, I would suggest that, if you are still having a hard time making money on those lower end orders, consider raising your floor a bit. If you price everything that has a "market price" below $.10 back up to $.10, you will still sell some of them, and more as your inventory grows, but you'll have much fewer lossy orders. $.10 is my current floor for games that aren't in the Direct program. Hopefully these tips help you out, and best of luck!

@NotTellingYou- 5 месяцев назад

@@TCGBulkKings Thank you! I really appreciate the response. I have some follow up questions… Am I better off creating a pro seller account and making business cards with a link to the account? How do you track what you’ve sold between the two sites if they’re not synced in anyway? Should I list other TCGs other than Magic? By floor, does that mean I don’t list any card below a certain price, even if they’re only worth a penny?

@TCGBulkKings 5 месяцев назад

@@NotTellingYou- I haven't had a lot of luck driving people to use my pro seller website, but it happens occasionally, and it's always nice when it does. I don't cross list the inventory, so it's not difficult to track them. And yeah, that's what I mean by a price "floor" - list everything, but if the market price or whatever is below your floor, list it at the floor.

@TCGBulkKings 5 месяцев назад

@@NotTellingYou- and I recommend you get comfortable with one game at first, rather than overcomplicate by doing several games. Once you get good enough with the one game, the skills absolutely transfer over to other card games

@NotTellingYou- 5 месяцев назад

@@TCGBulkKings so you don’t think it’s worth it to create a pro seller account? Should I create a completely separate website that I should send people over to? I’m just wondering if it would be beneficial to send out a business card with my orders… I really appreciate your help.

@ReckLesS446 10 месяцев назад

dont you have to make a certain amount per week to even be considered for tcgdirect? I feel like that is the hardest part

@TCGBulkKings 10 месяцев назад

They're looking for $600/wk revenue, but that is more like a guideline, they've been known to invite people in making less than that, or not hitting it consistently

@davidalkire1329 Год назад

@TCG Bulk Kings iv noticed that my fees in tcgplayer dont match up to what they say they should. tcgplayer claims fee of 10.25% + (2.5% + .30cent) cc fee. im seeing fees of about 15% and .30cent on each card.

@TCGBulkKings Год назад

Are you a Pro Seller? In the Direct program? Only selling really cheap items? All these can affect that percentage, either by modifying the rates or rounding to get to whole cents

@davidalkire1329 Год назад

@@TCGBulkKings I made a request to tcgplayer and it seems that it was the taxes for the states (that the order went to) that was the difference, Im a base seller lvl4. looking at there fee chart a pro seller (non-direct) would have fees of 9.25% (+ 2.5%pro fee) + (2.5% & .30cent cc fee). witch would be more then what i pay now. i will be looking into the direct program(non-pro), its fees are the best at 8.95% + (2.5% + .30 cc fee)

@davidalkire1329 Год назад

it was a shock when the taxes = 20%

@Brah7 Год назад

do you have a minimum sale price you do? do you sell cards for 1 cent or do you have a floor?

@TCGBulkKings Год назад

My floor is $.05 for Direct eligible games, and $.10 for others 👍

@Brah7 Год назад

Are you still able to make sales though for the really cheap cards that people are selling for less than 0.05?

@TCGBulkKings Год назад

@@Brah7 sometimes. Occasionally the market moves up to my price, but often I get people filling out carts or preferring my Direct listing, &c.

@Brah7 Год назад

I do have one more semi related question, I have been selling for about 2 weeks now but I have seen a drop off on sales. Even with cards where I am the lowest listing it will show that people have bought more expensive cards when I look at recent sales. Is this because I am a new seller? (Example being I have a mtg card listed for $9.50 and it shows people have bought it for $10 plus over and over the past 2 days)

@TCGBulkKings Год назад

@@Brah7 yes, that's the reason. Possibly also the shipping cost is a factor, but almost certainly that you're a new seller and/or not in Direct if that applies to this card. You may need to adjust prices a bit, or list more inventory

@iron.350 4 месяца назад

What kind of bags are you using?

@TCGBulkKings 4 месяца назад

I think you're referring to the team bags here. I try to use what are called "graded card sleeves", which are just extra big team bags that can fit slabs, because they can fit more cards in a single bag. But BCW have been backordered on them for a while, so I'm just using regular BCW team bags at the moment.

@iron.350 4 месяца назад

Thank you! Appreciate it.

@KrakenPacksOFFICIAL Год назад

-Packing Up- Krak-ing Up 😏👍

@TCGBulkKings Год назад

I knew something still felt wrong 😂

@KrakenPacksOFFICIAL Год назад

That ending though - i feel that, we have the same Starbucks coffee mug. Knew we were friends for a good reason ☕

@TCGBulkKings Год назад

@@KrakenPacksOFFICIAL 🤣🤣

@ron.quixote4640 Год назад

Hi! any tips on getting to seller level 4 faster?

@TCGBulkKings Год назад

I recommend focusing on highly sought after cards in the $2-5 range, especially if you already have them in your collection. This gets you quick transactions with room to underprice the market to ensure you get the sale. Really think about ways you can scale up your shipping practices and your listing processes, because once you hit lvl4 these can scale as much as you want them to

@ron.quixote4640 Год назад

@@TCGBulkKings thank you so much for the insight man. I enjoy your channel keep killing it! 🤝🏽

@stumpy2nd Год назад

I would say one way to make you lose less money is to raise your shipping price to 1.49

@TCGBulkKings Год назад

Sure, lose less money. But also make less money

@robbyfromthehobby Год назад

hey dude I met you in collectacon charlotte, NC. If you are interested in my pokemon bulk I'd love to supply you with it. Thanks!

@TCGBulkKings Год назад

Shoot an email to me at tcgbulkkings@gmail.com

@masonstobin 11 месяцев назад

AzrealChimera?

@TCGBulkKings 11 месяцев назад

dot dot dot question mark?

@masonstobin 11 месяцев назад

@@TCGBulkKings I know that person lol if that's who you were referring to in the video.

@TCGBulkKings 11 месяцев назад

@@masonstobin oh I'm not sure, that was their actual name, as far as I know 😂

@masonstobin 11 месяцев назад

@@TCGBulkKings I know it's not their actual name, but they do go by that handle on most platforms. This person plays and still streams a ton of vintage mtg.

@TCGBulkKings 11 месяцев назад

@@masonstobin oh no this wasn't a streamer, to my knowledge, just a local tournament grinder 😂