I'm glad you have overcome your stubbornness with trying to keep prices high. It really shows that you are still learning and getting a better understanding on how the market works. And it never hurts to throw boxes in the basement for a couple years 😂
@pokene I have been binge watching your content. I just placed an order with you for the first time, literally just now 12:22am cst. My 7 year old has sparked my passion for the pokemon tcg. So I'm fresh back into it. I loved the Japanese cards growing up. And our walmart doesn't sell them. So, I ordered some of those and Korean cards. Because I know he will love the artworks. I placed just an order for some loose packs since I've never purchased from you before. ( low risk, low reward). And if I'm satisfied, you will definitely have a repeat customer. Thanks for your content. It's very informative and inspiring.
Same, my daughter got me into pokemon cards so im here catching up what i've missed back in the days 😂 I luv the japanese cards and i will collect them for myself so i dont care much about the market.
Love your business! Starting to watch more and more cause you show the real behind the scenes view. Thank you for keep your videos real! One of a kind channel!
Been binge watching your videos and they are fantastic. Not sure if you'll see this comment/question on a month old video but I'll ask anyways. One of your first videos of how to start a Pokemon card business you suggested to build sales by grinding selling Japanese packs. Since that video Japanese products have crashed like you have said in this video. Is that a strategy you would still recommend?
There are 2 recurring themes in your videos on these topics. 1. Focus on churn to keep the business going. It's too easy for newcomers to try to maximise profits on per sale. 2. Buy what you can sell. A lot of starter small businesses make the mistake of over-stocking. Many thanks as always.
Where are you going to check the market price of a box? I'm based in the UK so might be slightly different but was wondering if you check certain websites or are just browsing around to see what others are pricing theirs at?
Hi man, great content! 11:32 How do you determine the volatile market price of modern products? Do you just experiment on you own site, reaching a pace of sales you like, or do you look at other sources?
Good video to help people understand things. Some people will go one way and others another. But this illustrates some good business practices, if you can afford it. JP folks on FB are still doing their best to maintain and try for long term solutions. Not many do singles just sealed. But things will get better after time.
As an anecdote, your strategy of keeping up with market price brought me in as a new customer. Personally I've been resistant to the high JP box prices no matter what the market says, but still have been interested in the product. So If you had kept your prices higher you would have missed out on getting customers with this mentality of waiting it out for lower prices.
I appreciate the content as well, especially breaking down with the excel sheet and going through the different options. Pricing product is difficult when starting small and struggling to compete with larger sellers, nature of capitalism but we’re up for it.
I beg to differ. We have alot of customers that their kids are getting them back into pokemon now that they make decent money. Have a good time with the kids and enjoy the hobby. Sounds like a win to me.
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I'm glad you have overcome your stubbornness with trying to keep prices high. It really shows that you are still learning and getting a better understanding on how the market works. And it never hurts to throw boxes in the basement for a couple years 😂
@pokene I have been binge watching your content. I just placed an order with you for the first time, literally just now 12:22am cst.
My 7 year old has sparked my passion for the pokemon tcg. So I'm fresh back into it.
I loved the Japanese cards growing up. And our walmart doesn't sell them. So, I ordered some of those and Korean cards. Because I know he will love the artworks.
I placed just an order for some loose packs since I've never purchased from you before. ( low risk, low reward). And if I'm satisfied, you will definitely have a repeat customer.
Thanks for your content. It's very informative and inspiring.
Same, my daughter got me into pokemon cards so im here catching up what i've missed back in the days 😂 I luv the japanese cards and i will collect them for myself so i dont care much about the market.
Love your business! Starting to watch more and more cause you show the real behind the scenes view. Thank you for keep your videos real! One of a kind channel!
Thanks for explaining these strategies! I'm just getting started with my business and this is definitely something I was trying to figure out
Thanks for the insight. Would love a video about the Spreadsheet.
Been binge watching your videos and they are fantastic. Not sure if you'll see this comment/question on a month old video but I'll ask anyways. One of your first videos of how to start a Pokemon card business you suggested to build sales by grinding selling Japanese packs. Since that video Japanese products have crashed like you have said in this video. Is that a strategy you would still recommend?
There are 2 recurring themes in your videos on these topics. 1. Focus on churn to keep the business going. It's too easy for newcomers to try to maximise profits on per sale. 2. Buy what you can sell. A lot of starter small businesses make the mistake of over-stocking. Many thanks as always.
as a collector, i'm happy with the price drop :)
These 3 options can be utilized in any business, or even buying stock (option 3). I love this content.
Where are you going to check the market price of a box? I'm based in the UK so might be slightly different but was wondering if you check certain websites or are just browsing around to see what others are pricing theirs at?
Hi man, great content! 11:32 How do you determine the volatile market price of modern products? Do you just experiment on you own site, reaching a pace of sales you like, or do you look at other sources?
honesly ebay lol - nothing fancy
@@pokene_pokemon appreciate that
Yes Please make a video on how you made your excel spreadsheet
The thumbnail is a work of art
Good video to help people understand things. Some people will go one way and others another. But this illustrates some good business practices, if you can afford it. JP folks on FB are still doing their best to maintain and try for long term solutions. Not many do singles just sealed. But things will get better after time.
In your calculation shouldn't you take into account for the cost of shipping?
As an anecdote, your strategy of keeping up with market price brought me in as a new customer. Personally I've been resistant to the high JP box prices no matter what the market says, but still have been interested in the product. So If you had kept your prices higher you would have missed out on getting customers with this mentality of waiting it out for lower prices.
All i can think of is the customer asking the manager to look in the back…
All my inventory is from Sun and Moon so no need to firesale anything!
Will you be restocking Temporal Forces Products?
I appreciate the content as well, especially breaking down with the excel sheet and going through the different options. Pricing product is difficult when starting small and struggling to compete with larger sellers, nature of capitalism but we’re up for it.
Jp in Canada is still at a high price even wholesale I own a pokemon business and the price is still basically the same as it was almost a year ago
I donno I'm in Canada, 151 jpn was 300 one week and now under 200 the next week
Depends on the type of sauce.
it would be awesome if you made a lost in the sauce video series
lol I should 😂
seriously please keep making these videos, they are incredibly valuable and I really appreciate them@@pokene_pokemon
Yes please make a video
Buy as many as you can now if you can afford it. It’s going to pay off.
How is it going buddy
Bro - better than ever, u?
wait... You're still doing $300k in sales a month? I don't believe that.
lol yep, usually around 10K sales per day. Yesterday was 16k because of a big restock. Its crazy
You’re always sold out of Dragon Ball!!
First.
🫡
@@pokene_pokemon been waiting with baited breath
Last wave of hopeless dopamine addicts desperately clinging to a child’s card game that dead af on the collecting side. 😂
Factzz
I beg to differ. We have alot of customers that their kids are getting them back into pokemon now that they make decent money. Have a good time with the kids and enjoy the hobby. Sounds like a win to me.
one piece sucks