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The Community Perspective on Reselling

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Comments

  • y2joshy2josh Member Posts: 1,996
    LegoFanTexas said:

    You're implying that I'm somehow to "blame" for knowing something that someone else does not.

    I feel 100% certain that people existed who realized this set could be easily flipped for a huge profit right away, yet chose not to buy any anyway. So it's not that you knew something someone else didn't... it's that money was the most important thing to you. Which is perfectly fine, but let's call it what it is.
  • LegoFanTexasLegoFanTexas Member Posts: 8,404
    ^ We are actually pretty close in thinking here... so rather than type a long reply, I'll say that we're much closer together than either of us are with where TLG actually stands. :)

    As for the ethics, your feelings and opinions are not wrong, they are right for you, just like mine are right for me. I can respect that you feel differently, makes the world an interesting place to live... :)
  • wrangler6915wrangler6915 Member Posts: 528
    edited August 2013
    Pitfall69 said:

    Crowkillers said:

    wrangler6915 said:


    If so, than I'll eat crow...

    Hey now... XD

    That's funny.

    As to being fair. @wrangler6915 It doesn't matter what you paid for a Lego set or ANY item. If I got an extra Lego set on my birthday or whenever, I got it free, correct? Does this mean I should trade you my set and get nothing in return because I paid nothing for it? Have you ever seen "Barter Kings"? If you haven't, then maybe you need to take a look because they never pay cash for anything. They take an item and advertise it and see if the person has something in value they can trade for. Example: They have a $500 fishing reel and eventually keep trading up until they get a $15,000 Horse Trailer or something like that. So, what you paid for an item has nothing to do with anything.

    With the current economic situation here, a lot of people are bartering for items they want. If you have a you couch that you don't need and paid $500 for and you need a tent for a trip that is only worth $200. You would trade the couch for the tent.

    The same can be said for garage sales. I had a guy that said he paid $100 for the box of Lego that he had for sale. I offered him $20. He got loud and I walked away.
    Cronie, it does matter what you paid for a set...and if you get a set for your birthday, that means SOMEONE spent money for it, and I would assume that'd be your wife..and not to drag wives into this, but unless you got a trust fund wife, I would assume that her money=your money? So, unless the item is stolen, well, someone paid for it so I'd say that price paid is a factor (unless, as noted above, the wife is a trust fund baby)

    All the examples you use are clear examples of trades not being "fair" from a monetary perspective. You say that if you don't need a $500 couch but a $200 tent, then you'd trade...ok, that makes sense only if a) you don't care about a "fair" trade, b) you don't have the time or patience to wait until you can sell the couch for $500, and c) you have no other alternative to acquire a tent.

    I'd say a vast majority of traders here a) do care about making a "fair" trade (this isn't eBay), b) most people don't "need" to trade as a matter of urgency, and c) there are a ton of alternatives: wait for a better deal, buy at retail, ebay, etc..

    As far as "Barter Kings", I'm much more fond of "Shipping Wars"...but just I'm guessing those guys wouldn't make a "fair" deal if they thought they couldn't continue to trade up based on the monetary value that the market places on a particular item.

    Also, just a parting thought: Why don't you ask some Native Americans about the barter deal they made to trade the island of Manhatten for some wampum? A "fair" deal?

  • LegoFanTexasLegoFanTexas Member Posts: 8,404
    BTW, it was said about a year ago that resellers were not a major factor in the LEGO business.

    The recent events over the past 6 months, banning of [email protected] customers, limits on orders, Minecraft, etc... would indicate to me that resellers have become large enough as a group to show up on TLG's radar screen.

    Maybe not enough to actually do something effective about it, but that day may be coming.
  • pvancil27pvancil27 Member Posts: 588
    cheshirecat said:

    ^^ and how have i ended up trying to persuade a reseller of the communal benefit of reselling? how did that happen!?!?

    I agree with his point, and it's really what I was screaming I figured out. It wasn;t that they don't provide a service, I was just annoyed it was justified as providing a service. So I for one appreciate that @dad doesnt try and justify whe he is doing to himself or others as some great service for the betterment of the community.
    Pitfall69 said:

    Posting exerpts from private messages is completely wrong. I just saw the post. It got lost in all the other nonsense.

    I agree 99.9% of the time, but there is the rare exceptions. For example if I sent LFT a PM calling him a no good Texan cow humper (only in more adult terms) I can;t say I'd be angry if he made that public so it could get dealt with.

    Pitfall69
  • LegoFanTexasLegoFanTexas Member Posts: 8,404
    y2josh said:

    I feel 100% certain that people existed who realized this set could be easily flipped for a huge profit right away, yet chose not to buy any anyway. So it's not that you knew something someone else didn't... it's that money was the most important thing to you. Which is perfectly fine, but let's call it what it is.

    Fair enough, all of that is probably correct.

    My plan was to watch the price and see what happened. If it took awhile to rise, I'd open one and build it. In the event, it doubled in 10 days, so I won't.

    But I'd pay $75 for an upgrade kit for #9398 in a heart beat and build one of those. (which would be 2 sales of #9398 since I've already built the primary design).
  • LegoFanTexasLegoFanTexas Member Posts: 8,404
    wrangler6915 said:

    Also, just a parting thought: Why don't you ask some Native Americans about the barter deal they made to trade the island of Manhatten for some wampum? A "fair" deal?

    A lot of America was obtained the same way.

    We paid next to nothing for the Louisiana Purchase and Alaska, both were downright steals.

    How about Florida? Spain more or less just gave that to us.
  • pvancil27pvancil27 Member Posts: 588
    LegoFanTexas said:

    ^ We are actually pretty close in thinking here... so rather than type a long reply, I'll say that we're much closer together than either of us are with where TLG actually stands. :)

    As for the ethics, your feelings and opinions are not wrong, they are right for you, just like mine are right for me. I can respect that you feel differently, makes the world an interesting place to live... :)

    Yep, And thats why I always tried to avoid pointing a finger at you personally.

    But my last point on the last tl;dr post is most telling to me about how Lego really thinks about re-sellers on a corp. level.

  • wrangler6915wrangler6915 Member Posts: 528
    LegoFanTexas said:

    wrangler6915 said:

    Also, just a parting thought: Why don't you ask some Native Americans about the barter deal they made to trade the island of Manhatten for some wampum? A "fair" deal?

    A lot of America was obtained the same way.

    We paid next to nothing for the Louisiana Purchase and Alaska, both were downright steals.

    How about Florida? Spain more or less just gave that to us.
    That's my whole point! None of those were "fair" deals, but except for the U.S. history books used in schools (remember, history is written by the victor), I doubt anyone is claiming that those were fair trades. In fact, Alaska was called Sewards Folly until it bacame apparent that Alaska would provide the U.S. with valuable resources like petroleum products, precious metals, and Sarah Palin reality shows...
  • Pitfall69Pitfall69 Member Posts: 11,454
    LegoFanTexas said:

    wrangler6915 said:

    Also, just a parting thought: Why don't you ask some Native Americans about the barter deal they made to trade the island of Manhatten for some wampum? A "fair" deal?

    A lot of America was obtained the same way.

    We paid next to nothing for the Louisiana Purchase and Alaska, both were downright steals.

    How about Florida? Spain more or less just gave that to us.
    Let's not get into this stuff.

    BTW, I am part Native American. I was born in NY, and maybe because you spelled Manhattan wrong, maybe the Native Americans were trading for Manhatten not Manhattan ;)

  • margotmargot Member Posts: 2,308
    Pitfall69 said:

    Posting exerpts from private messages is completely wrong. I just saw the post. It got lost in all the other nonsense.

    Oh, but its ok to try to rip someone off. Whatever @pitfall69 .
  • Pitfall69Pitfall69 Member Posts: 11,454
    ^What and who are you referring to @margot?
  • Pitfall69Pitfall69 Member Posts: 11,454
    @wrangler never got ripped off because I believe the transaction didn't happen. If you are referring to something that happened almost 400 years ago, I really think you need to get a grip.
  • cheshirecatcheshirecat Member Posts: 5,331
    LegoFanTexas said:

    BTW, it was said about a year ago that resellers were not a major factor in the LEGO business.

    The recent events over the past 6 months, banning of [email protected] customers, limits on orders, Minecraft, etc... would indicate to me that resellers have become large enough as a group to show up on TLG's radar screen.

    Maybe not enough to actually do something effective about it, but that day may be coming.

    minecraft certainly did put resellers on the tlg radar. 41999? i suspect not so much, they had 20,000 they sold 20,000 quickly. today was a headache for stores in the UK but over in a matter of hours. I was a little surprised how little store staff knew (an assistant manage thougt uk [email protected] had 100,000 for sale and that they were still on backorder) but thats a side issue, other than if this was a big issue directives would have been sent out. With minecraft there was a massive demand and the lack of availability at rrp made tlg look bad, im just not sure the same can be said for 41999, so long as they never mention it. maybe get the monthly callendars with a big picture of it out of the stores!

    something might well happen, but i suspect you wont like it. these issues are mainly related to special models, cuusoo, limited editions etc. i suspect a more joined up approach for [email protected] and retail stores, and a much better understanding of demand which should reduce the money to be made and in turn reduce the desire of resellers to buy up stock in the bulk quantities that have caused lego the problems recently.

  • EKSamEKSam Member Posts: 349
    Years from now when our kids are old enough to be on the Brickset Forum we will be telling them about the Great Technic battle that was fought in that awful month of August. The year was 2013, it was hot outside and blazing inside, people were persecuted, labelled, almost tarred and feathered, it just stopped short of drawn and quartered. It raged on for days on end with nary the end in sight...

    I'll stop now. :-)
    jasorFollowsClosely
  • wagnerml2wagnerml2 Member Posts: 1,376
    LegoFanTexas said:

    wagnerml2 said:

    I've gotta get out of here and get some work done. This dumpster fire of a thread has consumed the majority of my day. WHYYYYY???? I will NOT hit the refresh button for at LEAST an hour.

    I have to call you out here for something that I feel crosses the line.

    Posting something that was in a private message onto the public forum is, at the very least, very tasteless...

    I have flagged that for the admins, we'll see what they say. I almost never do that, but really, stuff that I sent you privately is not subject for public consumption. There is an expectation of privacy in something called a "private message" sent between two people.

    Even if it isn't harmful in this case, it is not a habit that should be started and needs to be stopped.
    Hey @Legofantexas! How did I get quoted here??? I take an hour away from this thread and end up as collateral damage!? I've been taken out by friendly fire >o
  • cheshirecatcheshirecat Member Posts: 5,331
    minion down.....
    wagnerml2FollowsClosely
  • wrangler6915wrangler6915 Member Posts: 528
    Pitfall69 said:

    @wrangler never got ripped off because I believe the transaction didn't happen. If you are referring to something that happened almost 400 years ago, I really think you need to get a grip.

    Cronie, I got a grip! Not the strongest, since I've got carpel tunnel from typing so much...but a grip none-the-less. Also, I never said I got ripped off...I said that calling a potential trade "fair" was not accurate. Again, let's call a spade a spade here.

    Re: Manhatten, what's the dif? Everyone know'd (yeah, know'd) it's really just referred to as "NYC". I think you're just mad b/c pointing out a Baltimore fan can't spell is just in defense (or defence for those across the pond) of the fact that the Jets suck and the Giants have the lesser half of the Manning bros. (although he DOES have more SB rings)
  • TheLoneTensorTheLoneTensor Member Posts: 3,937
    edited August 2013
    jon_k said:

    The hate, for the want of a better word towards re sellers will never go away, as the fact is they are there to make a fast £/$, and that`s it, its plain and simple economics, they see an opportunity and the result is something that had a RRP is suddenly inflated to a price they see fit, they remind me a lot like touts..

    To try have a reasonable conversation with a re seller in my opinion is a waste of time, as they may have what your looking for and you are going to have to dam well pay it if you want it, or weigh up is it really worth what they say, who knows..

    I dont think TLG should tell us when sets are going to be retired, just let the series run its course .

    Still this debate will run and run,


    Greed is the inordinate desire to possess wealth, goods, or objects of abstract value with the intention to keep it for one's self, far beyond the dictates of basic survival and comfort. It is applied to a markedly high desire for and pursuit of wealth, status, and power

    Sorry, but you can't simply generalize the situation so simply, nor can you pigeonhole every member of a group into such a compartmentalized and ignorant stereotype.

    Short answer: No

  • augenaugen Member Posts: 317
    Yellowcastle said:

    I think the consensus just for the forum is for reseller fans to simply try and adhere to the following 'guidelines'...cough @augen :o)

    Heh, don't bring me into this thread. I've already deleted several responses that I started. I believe that the majority of resellers offer a valuable service to the community, while there's a minority that will spend all day justifying their questionable practices with tangental and spurious arguments. There will always be people that cheat the system or however you want to describe it, but Lego is amazing and this forum is full of great people, so why let a few ruin your enjoyment of it - peace out!
    wrangler6915Yellowcastle
  • samiam391samiam391 Member Posts: 4,492
    I've skimmed through the incredible 180 comments posted since I last read this thread early this morning...

    I realize this may come a bit late in the discussion, but if you all will bear with me, I'd like to take one more look at Hungrystan.

    Lets say that Hungrystan isn't necessarily on the verge of starvation. Instead, it's a semi thriving populous. There is CapnRex101, margot, Pitfall69, Yellowcastle, rancorbait, crowkiller, pvancil, legofantexas, and JamesJT. They can all buy bread, potato soup, and other standard food items, but nothing special. One day, rancorbait is in his kitchen and magically whips up a fantastic dish of never-before-made Hungarian Goulash. He's ecstatic, and wants to share it with everyone. Resources are not very plentiful, he has limited ingredients, so he lets everyone in his country take a tiny sample of it. Everyone loves it, but no one has the resources to mass produce it for everyone.

    Along comes Rocoa Food INC., who decides that the people of Hungrystan should be allowed to enjoy their new favorite dish. It was popular sampled and voted on by everyone in Hungrystan. Rocoa Food INC. decides to make a simple run of 20,000 dishes of Hungarian Goulash, as a special treat for everyone. Everyone is quite fond of Rocoa Food INC., and for months in advance this special treat is highly anticipated. The run of 20,000, which will garner RFINC a small profit, is mostly made for the fans of the Hungarian Goulash and RFINC. It shows that the people of Hungrystan do matter to the corporation, and that their unique cooking ideas can become reality.

    To make sure everyone gets their fair share, the Hungarian Goulash is limited to a quantity of two.

    It's the big day. Rocoa Food INC. starts to take orders of the limited edition Hungarian Goulash. A few people buy only one Hungarian Goulish, seeking to keep this special treat special. Others buy two, one to enjoy in the moment, and the other to stash away to either eat later, or sell off to someone else to enjoy the limited edition Goulash. Others though see this as a golden opportunity to make a large profit, and buy up more than the allotted limit.

    The limited edition run of 20,000 Hungarian Goulash quickly runs out. Some people end up with 1, others 2, others 10, and most unfortunately, some with none.

    I think it's important to remember that this was a fan creation, that TLG was kind enough to even make into a set in the first place. How many of us build a silly project on LDD, yet still dream the "what if this was in a LEGO store"? I know I do. It'd be one of the greatest moments of my life. This is a special set, made by one of our own, and I think LEGO tried to keep this sense of special in the number they created. Just like RFINC tried to keep its run of Hungarian Goulash limited.

    Yes, one can argue LEGO simply did all of this to reap profit fast. But then why didn't they do a run of 30 or 40 or even 50 thousand? I bet the set would have sold out almost just as fast. Perhaps it's my biased love of the company, but I tend to think TLG created the set with the mindset of the former paragraph over the latter to sentences.

    For those that purchased 2+ of the Hungarian Goulash, they made a really smart business decision. They'll reap big profits. I disagree completely with going over the allotted limit, I don't like it one bit. They might lose some respect from it, and may not be looked on as kindly as those who did order their allotted Hungarian Goulash. However, I don't hate re-sellers for it.
    khmellymel
  • pvancil27pvancil27 Member Posts: 588
    tensor said:

    jon_k said:

    The hate, for the want of a better word towards re sellers will never go away, as the fact is they are there to make a fast £/$, and that`s it, its plain and simple economics, they see an opportunity and the result is something that had a RRP is suddenly inflated to a price they see fit, they remind me a lot like touts..

    To try have a reasonable conversation with a re seller in my opinion is a waste of time, as they may have what your looking for and you are going to have to dam well pay it if you want it, or weigh up is it really worth what they say, who knows..

    I dont think TLG should tell us when sets are going to be retired, just let the series run its course .

    Still this debate will run and run,


    Greed is the inordinate desire to possess wealth, goods, or objects of abstract value with the intention to keep it for one's self, far beyond the dictates of basic survival and comfort. It is applied to a markedly high desire for and pursuit of wealth, status, and power

    Sorry, but you can't simply generalize the situation so simply, nor can you pigeonhole every member of a group into such a compartmentalized and ignorant stereotype.

    Short answer: No

    Exactly. Me and LFT obviously have differing POV's and we just had what I think is what a very interesting and productive discussion

    Yellowcastle
  • EKSamEKSam Member Posts: 349
    @samiam391
    I have just one question...did the people who stashed away one Goulash to be either eaten or sold at a later time bother to refrigerate it? :-)
  • wrangler6915wrangler6915 Member Posts: 528
    samiam391 said:

    I've skimmed through the incredible 180 comments posted since I last read this thread early this morning...

    I realize this may come a bit late in the discussion, but if you all will bear with me, I'd like to take one more look at Hungrystan.

    Lets say that Hungrystan isn't necessarily on the verge of starvation. Instead, it's a semi thriving populous. There is CapnRex101, margot, Pitfall69, Yellowcastle, rancorbait, crowkiller, pvancil, legofantexas, and JamesJT. They can all buy bread, potato soup, and other standard food items, but nothing special. One day, rancorbait is in his kitchen and magically whips up a fantastic dish of never-before-made Hungarian Goulash. He's ecstatic, and wants to share it with everyone. Resources are not very plentiful, he has limited ingredients, so he lets everyone in his country take a tiny sample of it. Everyone loves it, but no one has the resources to mass produce it for everyone.

    Along comes Rocoa Food INC., who decides that the people of Hungrystan should be allowed to enjoy their new favorite dish. It was popular sampled and voted on by everyone in Hungrystan. Rocoa Food INC. decides to make a simple run of 20,000 dishes of Hungarian Goulash, as a special treat for everyone. Everyone is quite fond of Rocoa Food INC., and for months in advance this special treat is highly anticipated. The run of 20,000, which will garner RFINC a small profit, is mostly made for the fans of the Hungarian Goulash and RFINC. It shows that the people of Hungrystan do matter to the corporation, and that their unique cooking ideas can become reality.

    To make sure everyone gets their fair share, the Hungarian Goulash is limited to a quantity of two.

    It's the big day. Rocoa Food INC. starts to take orders of the limited edition Hungarian Goulash. A few people buy only one Hungarian Goulish, seeking to keep this special treat special. Others buy two, one to enjoy in the moment, and the other to stash away to either eat later, or sell off to someone else to enjoy the limited edition Goulash. Others though see this as a golden opportunity to make a large profit, and buy up more than the allotted limit.

    The limited edition run of 20,000 Hungarian Goulash quickly runs out. Some people end up with 1, others 2, others 10, and most unfortunately, some with none.

    I think it's important to remember that this was a fan creation, that TLG was kind enough to even make into a set in the first place. How many of us build a silly project on LDD, yet still dream the "what if this was in a LEGO store"? I know I do. It'd be one of the greatest moments of my life. This is a special set, made by one of our own, and I think LEGO tried to keep this sense of special in the number they created. Just like RFINC tried to keep its run of Hungarian Goulash limited.

    Yes, one can argue LEGO simply did all of this to reap profit fast. But then why didn't they do a run of 30 or 40 or even 50 thousand? I bet the set would have sold out almost just as fast. Perhaps it's my biased love of the company, but I tend to think TLG created the set with the mindset of the former paragraph over the latter to sentences.

    For those that purchased 2+ of the Hungarian Goulash, they made a really smart business decision. They'll reap big profits. I disagree completely with going over the allotted limit, I don't like it one bit. They might lose some respect from it, and may not be looked on as kindly as those who did order their allotted Hungarian Goulash. However, I don't hate re-sellers for it.

    And the Pulitzer prize goes to...

    Very well and "fair"ly put
  • margotmargot Member Posts: 2,308
    Apologies to @Pitfall69 . I got my signals crossed and thought he was referring to something I wrote, but he wasn't.



  • wagnerml2wagnerml2 Member Posts: 1,376
    cheshirecat said:

    minion down.....

    Bee Do Bee Do Bee Do Bee Do
    cheshirecatSirKevbagsmargotjasorFollowsClosely
  • jon_kjon_k Member Posts: 237
    tensor said:

    jon_k said:

    The hate, for the want of a better word towards re sellers will never go away, as the fact is they are there to make a fast £/$, and that`s it, its plain and simple economics, they see an opportunity and the result is something that had a RRP is suddenly inflated to a price they see fit, they remind me a lot like touts..

    To try have a reasonable conversation with a re seller in my opinion is a waste of time, as they may have what your looking for and you are going to have to dam well pay it if you want it, or weigh up is it really worth what they say, who knows..

    I dont think TLG should tell us when sets are going to be retired, just let the series run its course .

    Still this debate will run and run,


    Greed is the inordinate desire to possess wealth, goods, or objects of abstract value with the intention to keep it for one's self, far beyond the dictates of basic survival and comfort. It is applied to a markedly high desire for and pursuit of wealth, status, and power

    Sorry, but you can't simply generalize the situation so simply, nor can you pigeonhole every member of a group into such a compartmentalized and ignorant stereotype.

    Short answer: No

    Yes I can and I did , it's an opinion and I voiced it , re sellers are doing it for their own gain , or did I miss the " oh I got a load of stuff cheap and I will pass on the savings "

    Shorter answer. Yep
  • prof1515prof1515 Member Posts: 1,550
    samiam391 said:

    Lets say that Hungrystan isn't necessarily on the verge of starvation....One day, rancorbait is in his kitchen and magically whips up a fantastic dish of never-before-made Hungarian Goulash.

    Shouldn't that be Hungrian? :-P

    augen
  • Pitfall69Pitfall69 Member Posts: 11,454
    edited August 2013
    margot said:

    Apologies to @Pitfall69 . I got my signals crossed and thought he was referring to something I wrote, but he wasn't.



    Quote, and my apologizes as well. I told you to get a grip and @wrangler thought it was for him, so he had to respond even though my response was for you.

    BTW the only NY team I like are the Yankees.

  • margotmargot Member Posts: 2,308
    This thread is making my head spin.
  • EKSamEKSam Member Posts: 349
    edited August 2013
    ^^@Pitfall69 Does that remind you of Cosmo Cramer trying to return the very pants he was wearing? :-))
  • Pitfall69Pitfall69 Member Posts: 11,454
    edited August 2013
    Why yes...yes it does.

    Was he returning the pants to a store in upper Manhattan or lower Manhatten? I wonder if "John" Voight would agree?
  • Pitfall69Pitfall69 Member Posts: 11,454
    This thread is one "magic loogie".
  • HardradaHardrada Member Posts: 439
    Thanks to this thread I got my first abuse flag. From no less than LFT. And for an absolutely non-abusive comment. Oh well, having a different opinion is abusive apparently. (I never understood the frequent abuse of the abuse flag btw. I see it so often under non-abusive comments. Not from LFT - I must add - before this remark gets interpreted as abuse, too.)
    Yellowcastle
  • y2joshy2josh Member Posts: 1,996
    LegoFanTexas said:

    Normal retail markups are 100%.

    From one business owner to another... you HAVE to know that a 50% margin isn't normal save for in a select few industries. You may choose to only pursue products with room for a 50% margin, but looking specifically at 'toys' as a general industry, the standard gross profit margin is roughly 37%, with the net being closer to 13%.
  • samiam391samiam391 Member Posts: 4,492
    Hardrada said:

    Thanks to this thread I got my first abuse flag. From no less than LFT. And for an absolutely non-abusive comment. Oh well, having a different opinion is abusive apparently. (I never understood the frequent abuse of the abuse flag btw. I see it so often under non-abusive comments. Not from LFT - I must add - before this remark gets interpreted as abuse, too.)

    Don't sweat it. I have an abuse for attempting to help someone by directing them to the "predictions on discontinuing sets and their secondary market" thread. Although in hindsight, that really may have been a crime..
    Pitfall69pharmjodjasorFollowsClosely
  • Pitfall69Pitfall69 Member Posts: 11,454
    ^Don't get me started on your abuse tag @samiam391 ;)
  • samiam391samiam391 Member Posts: 4,492
    Pitfall69 said:

    ^Don't get me started on your abuse tag @samiam391 ;)

    In the situation, I felt it was well warranted ;o)
  • pvancil27pvancil27 Member Posts: 588
    Shockingly I only have one abuse tag, from a post in the Chase McCain thread.
  • BoiseStateBoiseState Member Posts: 804
    I bought 1 41999, and I will sell it later down the road. I could have bought 2, and in hindsight I should have bought 2 but no biggie. I have a total of 2 sets to sell later, the aforementioned and Joker's Funhouse. I'm trying to possibly pick up a Death Star and Arkhum Asylum when I sell the two this Xmas.


    If that makes me a monster so be it.
    Pitfall69
  • LegoFanTexasLegoFanTexas Member Posts: 8,404
    Hardrada said:

    Thanks to this thread I got my first abuse flag. From no less than LFT. And for an absolutely non-abusive comment. Oh well, having a different opinion is abusive apparently. (I never understood the frequent abuse of the abuse flag btw. I see it so often under non-abusive comments. Not from LFT - I must add - before this remark gets interpreted as abuse, too.)

    I use that very sparingly, maybe 2 or 3 times a year.

    I felt that you were arguing for the sake of arguing, you were being difficult and directing the attack at me personally for no reason other than to create problems.
  • LegoFanTexasLegoFanTexas Member Posts: 8,404
    y2josh said:

    LegoFanTexas said:

    Normal retail markups are 100%.

    From one business owner to another... you HAVE to know that a 50% margin isn't normal save for in a select few industries. You may choose to only pursue products with room for a 50% margin, but looking specifically at 'toys' as a general industry, the standard gross profit margin is roughly 37%, with the net being closer to 13%.
    I suppose I wasn't providing specific enough information, you can read it many ways and different products of course have very different markups.

    Try cosmetics and perfume sometime if you want to see some crazy markups. The only business in the world that has better margins are drug dealers. :)

    Electronics are the other way, those often have no margin at all, game consoles, TVs, etc. are mostly sold at cost.
  • Pitfall69Pitfall69 Member Posts: 11,454
    edited August 2013
    ^^...but isn't that most people in this thread? ;)
  • LegoFanTexasLegoFanTexas Member Posts: 8,404
    pvancil27 said:

    Shockingly I only have one abuse tag, from a post in the Chase McCain thread.

    For all of our disagreements, I never felt abused by you. Perhaps you felt it from me from the red/blue doodads and dead horse thread and perhaps I deserved one for that, but you've been a good sport about it. :)
  • LegoFanTexasLegoFanTexas Member Posts: 8,404
    Pitfall69 said:

    ^^...but isn't that most people in this thread? ;)

    :) Most of it doesn't come across as a personal attack, this one did. What can I say, I felt it was warranted that time.

    My understanding is that it takes 3 clicks of "abuse" or "spam" to get a post hidden and reviewed by the admins, so he shouldn't sweat it.
  • Pitfall69Pitfall69 Member Posts: 11,454
    LegoFanTexas said:

    y2josh said:

    LegoFanTexas said:

    Normal retail markups are 100%.

    From one business owner to another... you HAVE to know that a 50% margin isn't normal save for in a select few industries. You may choose to only pursue products with room for a 50% margin, but looking specifically at 'toys' as a general industry, the standard gross profit margin is roughly 37%, with the net being closer to 13%.
    I suppose I wasn't providing specific enough information, you can read it many ways and different products of course have very different markups.

    Try cosmetics and perfume sometime if you want to see some crazy markups. The only business in the world that has better margins are drug dealers. :)

    Electronics are the other way, those often have no margin at all, game consoles, TVs, etc. are mostly sold at cost.
    Jewelry is crazy. We sell hair products, that's a 100% markup. Game Consoles get you with all the games and add-ons.

  • BrickDancerBrickDancer Member Posts: 3,639
    chuxtoybox said:

    prof1515, (if you read this, but anyone can respond)

    From what I'm understanding you like to collect sealed sets that are in as NM condition as possible. What is your view on graded Lego sets? It seems to me that a collector such as yourself would benefit from sets sealed and graded like comic books are. I am not arguing or attacking you. You have shown me yet another aspect of Lego enthusiasm that I never knew of and I have learned MANY different aspects of Lego from Brickset, which is why I love it!

    There actually already is a thread on that topic regarding "AFA Graded Lego Sets". It was an interesting 6-page affair about a year ago:

    http://www.bricksetforum.com/discussion/6414/wait-they-grade-lego/p1
    Pitfall69
  • LegoFanTexasLegoFanTexas Member Posts: 8,404
    I just looked at my own "abuse" flags, I have 12 of them.

    http://www.bricksetforum.com/profile/reactions/1560/LegoFanTexas?reaction=abuse

    The last 3 are from the same person who was mad that I called him out for being a tax cheat. :) He was opening talking about avoiding having PayPal report him to the IRS for his income, what did he expect? :)
  • LegoFanTexasLegoFanTexas Member Posts: 8,404
    Pitfall69 said:

    Jewelry is crazy. We sell hair products, that's a 100% markup. Game Consoles get you with all the games and add-ons.

    Yep, lots of stuff... Try clothing, that has huge margins... or household goods, try a coffee maker or toaster sometime, or cookware... :)

  • CrowkillersCrowkillers Member Posts: 757
    The Lego stores are supposedly getting another batch of 41999 sets around the 28th of this month....
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