You mentioned crazy pricing. I recently was going to make an order to GBL and the most expensive 10% of the order the parts were 1500% above 6 month average
As a follow up to the last comment this is what I do as a BL buyer when designing a MOC or completing a used set haul. From my wish list I do a "buy all", then do "auto-select" USA stores only... (Always select stores that prices lower than minimum buy. Figure I can always find something in a store to add up the order). After carts are generated I click through each "edit" one and filter sort by: price. Then you scroll to the bottom and you find the most expensive parts within the cart and most times this is excessively store inflated parts that the algorithm has decided to choose. I then take these five to 10% of the highest priced items out of my wish list regenerate to get almost half the cost on the total shopping carts. Then I go back and pick those ones out individually and it always pays for extra shipping costs. Somebody's going to have a part for 50 cents when the auto generate algorithm picked it for $8 and somebody else's store. So my point is savvy shoppers skip right past sellers with crazy prices
There’s definitely no need to “continue to prove yourself right” but going to your store and seeing 10 listings for light bluish gray headlight bricks at various prices is sloppy looking and annoying as a buyer. I think the customer’s experience needs to be a bigger part of that discussion. I’ve seen GBL put out videos on the process to consolidate his massive amount of unconsolidated similar items for this very reason. Seems counterintuitive and shortsighted.
Same, I take the time to keep my store looking good, having used pieces at a consistent and rational discounts compared to new prices. I try to audit my inventory regularly to keep this in order for the benefit of the customer, but as well as me as a seller.
@Aaron's Bricks I didn’t mean to come across as harsh, but I absolutely think that the customer’s experience takes a backseat to convenience for the seller in this situation. Seems to be the hot topic these days and wanted to share the opinion of an individual buyer. Take it for what it is….or isn’t.
Another thing to take into consideration is the value of your store if you need to move to liquidation. If you are unconsolidated then you are selling a bunch of buckets of Lego poundage. If you are consolidated you're selling a store that can be onboarded rapidly. If I needed to buy David's store because life happened and he's ready to throw in the towel the value would be half of that compared to the bricks in a bucket store. I know I could take their inventory and on board that versus trusting that the inventory matches what is unconsolidated.
I'm really struggling to understand the sell through rate I think the maths got messed up somewhere, I'd love an example where the equation and working is displayed
@@DavidWestDNABrix that would be great, not sure if you have talked about if its worth it to try and complete sets from bulk lots vs parting them out before, but that is something that would interest me
Hey guys, new to this channel, LOVE the weekly winners! Helps educate the uneducated (myself haha). Great video thank you
Agree 100% on the stores "Reach" concept. Great content fellas, keep it up!
Thanks a lot! I’m digging the reach number as well.
"this is in my store for sale and the first person who buys it, gets it" lmao
I’m a simple man!
You mentioned crazy pricing. I recently was going to make an order to GBL and the most expensive 10% of the order the parts were 1500% above 6 month average
As a follow up to the last comment this is what I do as a BL buyer when designing a MOC or completing a used set haul. From my wish list I do a "buy all", then do "auto-select" USA stores only... (Always select stores that prices lower than minimum buy. Figure I can always find something in a store to add up the order). After carts are generated I click through each "edit" one and filter sort by: price. Then you scroll to the bottom and you find the most expensive parts within the cart and most times this is excessively store inflated parts that the algorithm has decided to choose. I then take these five to 10% of the highest priced items out of my wish list regenerate to get almost half the cost on the total shopping carts. Then I go back and pick those ones out individually and it always pays for extra shipping costs. Somebody's going to have a part for 50 cents when the auto generate algorithm picked it for $8 and somebody else's store. So my point is savvy shoppers skip right past sellers with crazy prices
Are there no more pops? :(
Working on the next one! Schedules have been a bit hectic
There’s definitely no need to “continue to prove yourself right” but going to your store and seeing 10 listings for light bluish gray headlight bricks at various prices is sloppy looking and annoying as a buyer. I think the customer’s experience needs to be a bigger part of that discussion. I’ve seen GBL put out videos on the process to consolidate his massive amount of unconsolidated similar items for this very reason. Seems counterintuitive and shortsighted.
Same, I take the time to keep my store looking good, having used pieces at a consistent and rational discounts compared to new prices. I try to audit my inventory regularly to keep this in order for the benefit of the customer, but as well as me as a seller.
@Aaron's Bricks I didn’t mean to come across as harsh, but I absolutely think that the customer’s experience takes a backseat to convenience for the seller in this situation. Seems to be the hot topic these days and wanted to share the opinion of an individual buyer. Take it for what it is….or isn’t.
Another thing to take into consideration is the value of your store if you need to move to liquidation. If you are unconsolidated then you are selling a bunch of buckets of Lego poundage. If you are consolidated you're selling a store that can be onboarded rapidly. If I needed to buy David's store because life happened and he's ready to throw in the towel the value would be half of that compared to the bricks in a bucket store. I know I could take their inventory and on board that versus trusting that the inventory matches what is unconsolidated.
I'm really struggling to understand the sell through rate I think the maths got messed up somewhere, I'd love an example where the equation and working is displayed
We can definitely do that in a future segment.
@@DavidWestDNABrix that would be great, not sure if you have talked about if its worth it to try and complete sets from bulk lots vs parting them out before, but that is something that would interest me
😻 Promo`SM.