Starting my sports card online business with a goal $150-$200 Day ...

It's good to see you starting on this path! Do you plan on going to garage sales or estate cleanouts to look for sports cards? When you begin depleting your original supply.

Is this type of venture are newbie friendly?

So you have a. Ebay store and you plan on launching your personal online business as,well ? Is that correct?

You have an outlined plan and ambitious targets you can and want to meet .

My only advice to you is that you focus on 1 goal at a,time and when demand builds up shoot for the next 1 ..

Thanks Jamell, good advice

Iam finding the sales to be fading a little bit since last week. But that is understandable since I put my most coveted sports cards as Listings when I first started

I sincerely appreciate that the administrator of this website shared this wonderful discussion here. https://blacklimo.ae/

Sold my Ty Cobb autograph for $1,000.00 today !! Let me clarify ; those Offers I got above were individuals who thought I had it authenticated. It is not so they were not even going to offer me a couple of hundred.

This individual thought it was authentic by an appraiser as well. I told him it wasn't and he went ahead and took it.

I will ship it off to Ebay's authenticator down in Florida tomorrow and if it passes I get paid. If it doesn't the money goes back to the buyer.

Hey Discrat...

I don't know how I've overlooked this whole thread up until now.

Anyway, congratulations on your new business venture. You seem to love sports and know a lot about them so I think you'll do fine.

Coincidentally, I was in Goodwill a couple of months ago and saw some sports cards. I don't know anything about them so I really didn't pay much attention.

Maybe the whole Christmas shopping season coming up will also give you a big boost? Then again, I have no idea about how the sports card market operates.

Good luck with your venture. I'm sure you'll do good.

Been averaging around 2 sales per day. So its going pretty strong.

I just need to brainstorm how to make my sales have larger profit Margins. Right now with ebay fees and promotional costs it's about $7 net earnings per order.

P.S. My "kids stash" of baseball cards has nearly depleted. In the next few days ,though, I will get delivered over 6,000 new vintage cards. Really excited about this inventory. Managing and making sales from it will determine how far I can take this business.

P.P.S. Sales in three weeks have been $2033.05

NET Sales ( And this is Net Earnings as well... as my Cost of Goods Sold is essentially zero since all my cards sold are from my "kids stash" where I paid pennies for them 40 and 50 years ago) $1,238.37

Sorry, it's been awhile since I posted. My bad.

Here is the status of my sports card business : Sales have trickled down to almost nothing. Last sale was Monday. And the profits per card are razor thin. I mean razor thin. Cards that I thought could be sold for premium ( think Hank Aaron, Willie Mays, etc..) are lowballed by huge wholesale sports cards establishments for as little as $.99 per card with FREE shipping to customers. Making about .20 profit per card !!

This realization is really a big blow to me.So my market plan has changed somewhat.

I just bought and received inventories of over 7,000 cards. Mostly mid 80s to early 90s players. Many of them are Hall of Famers and All Stars but here is the thing ; this period of time(mid eighties to mid nineties) is known as the junk wax era. There was simply a way over- production of sports cards diluting the value of them. Hence giving them the value of junk !!!

So my approach is to sell 'lots' of two to three at $3.99 a pop with FREE shipping. The FREE shipping entices people to buy. But I have to pay the .69 shipping cost plus ebay fees bringing the profit per card to about $1-$1.5. Yep, you heard that right ...$1-$1.50. And that's a lot of work for peanuts !!

But there are guys making a killing who do this on a large scale but they have 50,000 cards listed on Ebay. I have been working my butt off to hit 100 listings tomorrow

There is software to get to reach the 50,000 listings. And it is not cheap.

Anyway, thats about it for now. I will keep you better up to date on this process

Have you incorporated any of 'savidge4" methods into your attempts to sell on E-bay?

$300 to $500 a month would be a nice supplement for any warrior wanting to earn money online. Even though you are aiming for a goal of $150.00. I would consider this thread a complete success at this point. Especially since you enjoy what you are doing. Nice job discrat!

It's impressive how you are able and willing to pivot and try new sources and new methods of getting and selling the cards. That you enjoy doing it makes it feel more like hobby and less 'work' which means it's easier to stick to it.