Good stuff Mike. I have noticed in a few card sellers' videos that their sell through rate (STR) is around 4%. I can only assume that is about standard for sports cards. That is extremely low when compared to other categories on eBay. Being that it is so low, this would require extensive inventory to combat the low STR, or razor thin margins chasing the quickest selling items. The time to list and space required for storage are huge pluses in this business model of course. Thanks for the insights.
That’s a good point. I don’t usually pay much attention to the STR but something to consider. I think a lot of sellers (myself included) have in the back of their minds that, the more inventory I have listed, the more I will sell. If true, how much “more” remains to be seen for me. If I list 500 cards a day and consistently sell around 30 cards a day, is it worth it? Is that what it takes? Points to consider. Thanks for the comment. Just posted a new video recapping June and July.
@@TheFioreCollection SQL lends itself well to tables which is a good format for the types of data you typically need for a sports card business (I.e., shipping tables, eBay sales, purchases, etc.) so that would be better in my opinion. But way overkill until your google sheet is mostly non-functioning because it’s too large…like 100,000+ rows large, and even then you can probably archive past years datasets to make room for more.
greatvideo
Thanks!
Good luck!
Thanks!
Good stuff Mike. I have noticed in a few card sellers' videos that their sell through rate (STR) is around 4%. I can only assume that is about standard for sports cards. That is extremely low when compared to other categories on eBay. Being that it is so low, this would require extensive inventory to combat the low STR, or razor thin margins chasing the quickest selling items. The time to list and space required for storage are huge pluses in this business model of course. Thanks for the insights.
That’s a good point. I don’t usually pay much attention to the STR but something to consider. I think a lot of sellers (myself included) have in the back of their minds that, the more inventory I have listed, the more I will sell. If true, how much “more” remains to be seen for me. If I list 500 cards a day and consistently sell around 30 cards a day, is it worth it? Is that what it takes? Points to consider. Thanks for the comment. Just posted a new video recapping June and July.
Great tips man! Go Oilers!
Thanks! You guys might get the cup!
What is that dashboard?
I made it in Google Data Studio..one of the benefits of my day job being in Analytics :-).
@@CardZooSportsCards ahh just sheets under the hood?
@@TheFioreCollection Yepperz! Eventually will use a database because sheets is klunky once you get too much data, but works great for now and is FREE.
@CardZooSportsCards whatcha think would be better in the long haul. sql or nonsql?
@@TheFioreCollection SQL lends itself well to tables which is a good format for the types of data you typically need for a sports card business (I.e., shipping tables, eBay sales, purchases, etc.) so that would be better in my opinion. But way overkill until your google sheet is mostly non-functioning because it’s too large…like 100,000+ rows large, and even then you can probably archive past years datasets to make room for more.