Should you sell LEGO on Amazon or eBay?
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- Опубліковано 15 вер 2024
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Excellent breakdown of the two platforms! Would love to see a video in the future on how to get ungated to sell on Amazon.
Another very informative video Shane. Keep up the great work. This is definitely the best lego selling channel out there 😃💪🏻
Will you be doing an update video on this topic? Will you ever make a video on how to start selling on Amazon?
Excellent video Shane, so thorough, I am quite an experienced seller but found this very interesting and informative. One thing I want to point out is that if new sellers find they are gated on Amazon for Lego if you establish a good record and reputation selling items that you are ungated on i.e. books you might well have success applying to sell Lego a few months down the line
agreed! Thanks Paul, good point
I got scammed on eBay stuck me for $600 sent product guy said he never received it ebay asked for money back
No help from eBay and the guy gave me good feed back scamed
Hey Shane, Loved the video, extremely informative, I don't think I have seen such a individual - piece by piece breakdown of the two platforms. Great content dude
Hey Shane thanks for your great videos I do think there is a small difference from US EBay to the European EBay but regardless of that you are spot on as always really a pleasure seeing your videos. 😊✌🏻
Another excellent and informative video, certainly answered a lot of questions i had. thanks shane
thanks Nigel, glad you found it helpful!
Audio level is really low, that being said I really appreciate your analysis and should be very helpful to new sellers. I appreciate what you are doing and have a humble request, can you make a video about Q4 prep? Thanks again Shane!
thanks for the feedback! I'll check out the mic settings for the next video. And yes, great suggestion - I'll do one on Q4 prep for sure. Thanks!
Absolutely brilliant video shane as I’m starting out so I will be signing up to brick scoop as I need all the advice to stop me from messing it up
welcome to the game!
Thank you very much ! I missed those details.
Great video! Thanks for the perspective!
Thank you Shane, this answered a lot of questions I had as a new seller
What is your company name on Amazon? If I buy a Lego set, I would like to purchase from you.
Very helpful. Thank you.
Do you ever talk about the Lego sets you have Shane? Or some of the best or worst sets you bought in bulk? That would be a great video. I have sets I bought 100+ of that have done almost nothing and I also bought 100+ of the Simpsons and Scooby-doo sets so it all works out in the end. I mean even a bad set 5 years from now is an ok investment. I only wish I started when I turned 18.
Yeah I have some video ideas in the pipeline to touch on a few sets I've got in inventory - why I am selling them this year or holding until next year, that kind of thing. Watch this space :)
Good job explaining difference eBay & Amazon. Investing in Lego speculative. Remember Mattel and Barbies 1990s and Ty and Beanie Babies.! 🤔🙄🤗
Great video. Where does Walmart fit in for LEGO resellers due to Amazon barriers.
Walmart is a great alternative to Amazon right now. New sellers are eligible to sell Lego from day 1. Good volume of traffic, trust from buyers and fast price appreciation on Lego. It's still relatively new so there aren't many tools yet and the processes for listing are a bit clunky. But over time it will improve and become an even bigger player for resellers
@@BrickBucks thank you Shane. Appreciate your response.
An excellent video!
Wow man, you really know your stuff. Of the 100+ things you talked about I only heard one I maybe would not agree with. You were on point the whole video. Amazon returns to me are such a big deal that you must factor that in when you price your items. The most oblivious fraud customers get away with.
Anyway this video should be watched by anyone who has a ton of Lego sets to sell and isn't sure where they will sell them. A+ my man
thanks a lot Brian, much appreciated! glad you found some value in it
Selling on Amazon supports Jeff bezos
Selling on eBay supports Elon musk
Either way we're losing
I don't get it. FBA referral fee is like 15% on toys. Once you FBA something you lose all profits on a $50 purchase with a $75 resale, am I wrong? I mean I"m sure we'd all like to go double that money, but hey, $50 to $75 is a 50% growth in value. Then if you FBA it, Poof? Might be missing something though. I'm a newbie.
As a newbie as well I'm with you on this. The fees on Amazon are detrimental compared to Ebay or bricklink. With Amazon, I think you are supposed to take the high fee in anticipation that you are selling your items in bigger quantities and at a higher pace but that doesnt even include the inventory fees. For now Ebay is working for me.
How difficult is it to get the restricted brand approval on amazon if I am not interested in selling anything else but LEGO?
Very Nice Comparison
Hi Shane! Thanks for the great video. I have read that a lot of Lego resellers are asked for an invoice (not a retail receipt) from a distributor when they apply to sell Lego on Amazon. I think this is designed to show Amazon that you have authentic products. Did you encounter this when you signed up to sell on Amazon? I assume from the videos that your products are purchased at retail and not wholesale. Thanks in advance for any advice you have on this. Have a great day!
yeah this is true, but there are ways around it. It's stuff I share in my private group and not here on UA-cam, but if you do enough digging, you can find out how to do it :)
Just curious, what percent of your legos do you sell on Amazon compared to eBay?
Around 90% Amazon right now
Literally said nothing positive about eBay…
I said a lot of positive things about ebay. But ultimately, those who can sell on both platforms tend to choose Amazon... for the reasons in this video
To any amazon sellers here,how many sales do you get from retired lego?
If you don't mind me asking, what is your ebay store?
I dont trust ebay, there are a lot of scammers there. How do you sell there without being scammed?
In what ways can you be scammed?
@@samurwin9250 It's easy, the buyer just needs to request a return and send you back just about anything. I've had a buyer send me a bag of rocks back. eBay does not care that you did not get back the proper item, they will refund the buyer anyway. The video says you can say "No Returns", but technically it's not true, a buyer can still force a return regardless of what you state in your listing by saying the item is "not as described". In these cases, not only are you out the money for the actual item, but you as the seller will also eat the cost of both the original shipment AND the return shipping cost. Again, eBay does not care about sellers, they will almost always side with the buyer in every situation and tell you, the seller, that it is just a cost of doing business. I would say 1 in 25 transactions end up going south and I lose money. Unless you are doing a lot of volume to absorb these bad transactions it is not worth selling on eBay as you'll end up losing most of your profits when a transactions goes south (and it most certainly will). Although, this is probably the case on the majority of these marketplaces, not just exclusive to eBay.
@@Ryan-ei7co That sounds awful to deal with. Surely this would make selling expensive items particularly risky ? Do you recommend anywhere else to offload some Lego ?
@@samurwin9250 Yes, expensive items are risky, but also you have the size and weight of expensive items which makes shipping difficult. Honestly, when selling online and shipping it's difficult to avoid the risk as you'll never find a way around it. The best way honestly is face to face cash transaction through FB marketplace, craigslist, or another similar site. I've never had a deal like this go bad other than the occasional no show of a person. If you're not close to a major population city though, this would be difficult as you need a pool of buyers for your product. This population of people also expect a "deal" so you have to be prepared to ignore all the people who are going to offer you $20 for a $200 item or nag you for your "best price or last price".
@@Ryan-ei7co Thanks for the tips bro!