Thanks again Danny for being authentic, transparent, and just totally you. You will not find this content elsewhere and I love seeing what is essentially the whole story instead of just bits and pieces. Keep being you, we really are too lucky to have you.
Just like everyone else is saying, this kind of real clear information sharing just goes to show how much you actually care about the community and why you're subscribers will stick around. Thanks for the video and keep it up!
Ppl also dont understand, even with 8k in profit on a run, you have your employees, utilities, and space rent to pay AFTER that. We commend you Danny! Thank you for putting the behind the desk aspect of it out there! Will continue to support lgs like your own! Keep being awesome for us in the hobby! We love and appreciate you!
That’s 8k on a single run they have multiple card games that sell out too such as yuguoh Pokémon Digimon MTG dragon ball force of will an a lot more the employees don’t make more then 15 an hour with no over time an rent is around 1-1500 a month depending on location
@@manny5848 Just checked out their website and they don't carry any of that except Pokémon. For stores that do like myself, I usually don't sell out and much of it sells at a market price that is losing money for us. All of those other games that you just mentioned, most of the time are losses just to get allocations up for the good sets, unless you hold it long enough. But there's only so long you can hold while sets are pouring in and the well dries up. Like Danny said, and I can confirm, it is a very tough balancing act.
One thing of many things I appreciate from you danny is your full transparency & detail video either being selling or prices and set values 🤙 thank you
Loved today's video Danny, I've been on the fence about opening a brick + mortar store in my home town and I'm so glad that there is amazing people like yourself out there creating this content and showing us the ins & outs of tcg gaming/collecting. Keep doing what you do Danny. 👌🏻
These are the types of videos that really set your channel apart. The honesty and transparency you offer is incredible and very much appreciated! Thanks for all you do
Danny, Thanks to you I was able to start a small Pokémon card shop on Ebay & its helped me since I've been laid off. Its good side money & its helping me get by. I couldn't have done this without you. I appreciate the content and transparency, you're the absolute BEST!
Thanks for being so informative, this video taught me so much. I really enjoy hearing the business aspect of Pokemon! You can count on me for continuing to support you!
Danny amazing insight again, it’s a tough world out there and decisions are crucial as you say to make it or break it. I just wish there was more genuine sellers out there like yourself!
You don't see transparency like this ANYWHERE. Pokemon is such an open, honest space. Danny specifically. Thanks for the content I'm really interested in selling cards & starting an online store and I'm already in the green this month and it's thanks to some of your great content.
Great video as always!!!!! This one is especially important for people who are consumers who never owned a business to understand. I have this conversation with my customers at my cigar shop all the time. Prices for small companies have and will always be more expensive then the big guys. And when the market is hot the small guys have to make something to make all the shipping work worthwhile
Good video. I had a lgs open right in the middle of the lockdowns. Wanted to support them since my town never had a shop before. Literal $100 celebtations etb. Showed them even scalpers on ebay are selling for less. They told be to pretty much F off and buy from someone else. I was ready to drop over $500 on my local business. Got snubbed. So I bought all my celebrations from another lgs and various big box retailers online. I ended up spending closer to $1000. They will go out of business. I get the issue with not having the capital. But it is very short sighted. Because look at now as you said. We got a wave of battle styles, chilling reign, evolving skies, celebrations and fusion strike all at one time and prices tanked over night. Now, when every store is stuck with product and no money, and I am looking to buy, will I order 5 booster boxes for $95 at my LGS, or the lgs that tried their best to stay at msrp when they could have taken the easy money? People remember when they get screwed, and take their business elsewhere. I am dedicated to sellers who are hundreds of miles away. If it is hard, so be it. The fact that pokemon sells this well when the economy is this bad, seems like a weak excuse to me. When everything sells super fast, even if the distributors are raising prices, it should be easy to tighten the belt and keep pressing forward, because many of us have been fired, or had businesses fold because there were no more customers or regulations ruined everything. Card stores have been a rare winner in this economy, and throwing away good will when times are better for card stores, means that when times are not good, there will be a reckoning to pay. Things will stabilize when many stores just lose too much good will. I'm now going to target for cards just because I know I won't be messed with.
Been restarting playing and selling cards (to fuel the hobby) and this channel without a doubt has some of the best honest and precise information I seen. No bullshit, no fake over the top hyping, just the plain truth. I would subscribe for a monthly fee if there was one available !
I respect this transparency greatly, people this candid are far and few. The children of this day and age deserve to experience what we did when we were 12,13,14 etc. With so many businesses searching consumers pockets for every single dime I applaud your consideration towards the consumer. Things are not always as it seems that's why we have always been tought there are to sides to every story.
It worries me to see shelves full of product collecting dust on lgs shelves because they won't adjust their prices. A shop near me still prices 50-packs of cardsavers at $34.99, even though the shortage is long-past and 200-packs are back to $25. A lot of people would say they "deserve" to fail, but it just makes me sad to see this happen.
I mean the ball is in their court. They are making to conscious decision to price their products at peak scalper prices when the market has shifted. They do deserve to fail if they can't read the market.
Put alot in perspective dude, definitely will take a step back and give a better thought to our LGS around here. Especially since there are so few in my area that I myself claimed to be to expensive.
I hope you make back all that lost potential revenue with the growth of this channel. You deserve to be far higher in subs with how genuine and informative your content is. I applaud all you do. 👏
Congrats on 50k Danny! Just want to repeat what everyone is saying. This info gives great perspective to the customers. The transparency helps us see what y’all go through. Love your videos man. Keep it up!
Danny, I just wanted to say that your transparency about the market and the business is such a breath of fresh air. If and when I need any product that you have, I am doing business with you, thank you!
Idk if you see new comments on your older videos, but I can’t tell you how much I appreciate this info, all the info I’ve been consuming of yours lately (old and new). My fiancé and I (13 year together lol) have gotten back into… well opening packs for now, but after watching many of your videos the last few months, today, I’m going to start opening some accounts to start selling. I’ve been able obtained a few “older” items, not old old, at a pretty good discount. After doing some more research, I’ve found some deals on other items being able to make 25% profit if sold right now at the prices listed on TCG. So I’m pulling the trigger today. Looking forward to learning from you on shipping, best places to sell, etc. I’m sure your too busy to give personal advice, but I know I’m going to have questions, I’m a go all in and go hard kinda girl, luckily my fiancé is very supportive of this venture! Anyways, hope to connect with you sometime on a personal level! Thanks again!
My lgs was able to weather through the waves while maintaining near fair prices. I respected them before and now I have so much more respect for them now with your perspective. Thanks for shedding the light on the darker parts of our hobby
Owner of and LGS here and had always sell at MSRP prices, excellent excellent video, the only things I will add are 3; 1) a lot of us work with more than 1 distributor so its everything you explained multiplied so you keep them happy. 2) everyone love MSRP as soon is for something they really WANT, if its anything else they want to pay "Market prices" it doesn't matter your LGS is losing money, current example ALL THE FUSION LINE. 3) No all LGS can buy the quantities Danny can, his orders are on the thousands items that's why he can access those prices. You basically buy by items, cases or pallets, each bracket gives you a better price. Think in your LGS even a lot of local Game Stop buy by cases, no pallets. Thank you Danny you are sincerely the best, we sell at MSRP mostly for karma, we love this business and that's the only reason we stay in the game. ( -;
Completely understand the struggles you mention in this video. I think we as consumers have collective bargaining power but fail to use it (it's hard on such a large scale). I refused to buy "market" prices for Evolving Skies or Celebrations and I'm glad I had the patience to just wait (got everything I wanted for near MSRP). One of my local LGSs was trying to sell Celebrations ETBs at $90, and I calmly said "not the price I want to buy at" and left. Another LGS had them the same day for $55 (like you) and I was happy to pay at that price. The first store said they had the price the way it was (and limits on buying) as anti-scalping methods. While I understand the concern, $90 for an ETB just felt like squeezing as much money as possible from customers and it soured me from buying from that store again. As you mentioned, this may hurt those stores in the long run.
Great video! I really think that those lgs that tried to hold the line for collectors (lottery, codes, limits) will be still here when all the dust settles and those who tried to get into the hype will be stuck with a lot of product and no loyal customers.
With this video u made a new customer out of me not because im cheap but because i thought of starting up something to do this same thing...and i honestly would look at it the ae as u to try and help ppl get the best prices available...seriously...cant wait to shop
Thank You immensely Danny. I always look forward to your content sir. I also wanted to add that I greatly value your videos on how best to deal with bulk i.e. which cards to pull out.
Man I love this video!!! Let me say this, as an avid collector, you’ve just earned another customer. Thank you for confirming what I have thought all along about a lgs that I stopped supporting about 6 months ago
This is a great video! Thanks for the cold hard truth. We appreciated you and your business. I totally understand since I have ran a small business before… it is tough.
Really appreciate the info and putting thing into perspective especially with lgs and pricing things that might be out of print! I did get frustrated though with my local lgs charging $50 for a $20 charizard box on release day of celebrations and knowing there would be more
You are the reason I love thinking about my dream of opening my own card shop. You give me information that nobody else, including LGS owners I am friendly with, will give. This information keeps my dream alive while I try to build up the capital to open one.
You know, showing this to your viewers and being this transperant is pretty darn respectable. Even if you are not the biggest poketuber, i think you will have the most loyal and respected community, including me :)
I love your videos. You do a great job of breaking down the backside of the hobby. I run a business and have a good understanding of overhead, margins, etc… I would love to open a store, but the capitol it would take is scary. Thanks for the content and keep it up!
Talking to the owner of my LGS. He said he’s really had to spread his resources through many different distributors so he doesn’t get screwed. Also, the price he pays changes depending on the market too. So they’re not making a extra money because of market mark up. The profit margins on Pokemon are already abysmal compared to most other companies.
Not only Pokémon trading cards. I run a collectibles store and it's the same thing. We came close to bankruptcy 4 times in 1 year because trying to keep the price competitive we had to cut down employment, cut down spending on new products, etc because we only made enough to pay pre orders, rent, and other things we couldn't get out of.
I absolutely love these videos. I've been thinking of trying an online tcg store and videos like these really help me get a better understanding of what's needed
Now pay your employees, rent, utilities, supplies, yourself, etc with that “profit”. Lol. That’s where people slip up. Great video as always. Thanks Danny.
Ur videos are great!. I just started selling because in my country Pokemon is super expensive and salaries are low. I saw how children were getting ripped off. So I ordered 2 Silver Tempest boxes and started selling singles for much cheaper. Have sold 16 out of 72 so far :) Also bought online codes and been selling these also. Small start but is fun and I am happy I can help people. Today a lady ordered for her son and said that she couldn't afford them before and wants to buy from me in the future also :)
You didn't have to do this, and that's why we're all so glad you did. Great stuff as always Danny. Thanks for helping everyone understand what's really going on. Had no idea bout the V battle decks and striker tins, but now it all makes sense. Long live the Colosseum!
This was a really informative video. I haven't really thought of pokemon cards as something vary seriously. Props for doing the research and helping us consumers with what's going on.
I still have those team up blisters I bought for Christmas last year. Planned to open them, but you gave me one of each artwork and they look great sealed 😅
Looking back at this after opening up a tcgplayer store, i would've done between this. I would've done 70$ just to increase capitol. You and The Lab helped me open my store!!!!😁
THIS IS WHY I SUBBED!!! Please continue to posz content like that instead some click bait giveaway shite man. This is great and unique, the same as the videos you started with. Please keep doing this content.
This video is super informative and I really appreciate it. I have been going back and forth on trying to get product from a wholesale distributor, but I haven't been sure on how to go about it, or if I even should.
Using market price is why I’ve stopped shopping at my two local lgs’s. Both now refuse to sell for msrp. One blindly follows the price on Amazon the older shop sold at msrp for years prior to Champion’s path. The older store I had been a loyal customer since base set, that’s around 20 years. It just baffles me because I can order the same product online from another store and even with shipping calculations in- it’s still cheaper then the store charging double, sometimes triple msrp at my lgs. Recently I saw a friend post on Twitter that the lgs had the Reshi-Charizard Box gx premium box, a Walmart exclusive product, selling in the store for $150 because of how in demand the product is.
As everyone else has said, Danny -- you truly are one of a kind! But I worry about you ;) I want you to take a breath... take a slight, pause... to keep yourself (and your family) well!!!
Wow what a great video. I am considering to open for kids pokemon afterschool club here. Seems like our local club is geared towards adults only and kids have no place where they could gather and play cards or trade etc. With time maybe see if I can open a little store to sell as well. This was a great insight. Thank you for sharing this.
I know my LGS also sells other TCGS and sports memorabilia as well Pokémon. I wonder how they prioritize which TCG to invest in during the holidays. Great video as always it really makes me think about the behind the scenes more.
Transparency!! Thank you Danny! Really appreciate what you do and I think I speak for most collectors when I say that we don’t think you’re stupid for wanting a strong and loyal customer base and still being able to hit your margins. It’s fair and we don’t feel like we’re being taken advantage of. The market prices for celebrations were so high bc supply at retail price was non existent. Scalpers got there first and big box stores had nothing left. LGS went with market price , if they didn’t then a scalper would’ve bought from them at retail and sold it on a secondary market anyway. It’s a strange cycle, but understandable. Not ideal, but understandable.
Your a freakin legit hobbyist! I love it I would do as close to MSRP as well and I say that wholeheartedly. I love the transparency and all your content. I sold some Pokémon celebrations and only made a couple bucks but this person said they would come to me for product everytime in the future. Which from a company aspect, you want the loyal customer. Keep up what your doing! Your awesome!
Amazing video as always! Keep up the great, honest work! You inspired me to start selling and now i have thousands of sales on TCG Player! I've now shown a few of my buddies how they can make some extra cash to enjoy the games they love! Thanks Danny. -Kevin from MANDO YGO
Enjoying your channel alot! I've had to sub a few times I keep forgetting my passwords 🤣 Question though regarding the allocations being forced on you, for lack of better words. If your distributor is aware that certain items don't sell is it possible for them to not get that item or as much?
Love your videos. Real quick question: why are distributors raising prices? They seem to be taking advantage of the situation but worst since they seem to have a monopoly for lgs
Heh, you should see what they do with older product they sell to stores. They were selling items at listed eBay market prices for hidden fates etbs. Not even sold, the LISTED amounts.
I'm a collector and not a seller but I'm a business manager... Am I hearing it right that your saying not only your distribution sold you $14ks of dead stock and you only made $8k of profit from one celebration product... Let's make that 4 times and turn it into 32k. Then let's include rent and two wages into the mix. How does a physical store live as a business? Are you paying yourself Danny? Like at all?
Hey, thanks for this video. I found myself on a CnAG video talking on similar points around Celebrations release and it felt disgusting seeing all this LGS hate. I work very close to top of my department in retail, and while it's slightly different because our prices CAN'T really change that easily... I get all of this business talk directly handed to me as well. And it sucked seeing people not understanding any of it, and blindly putting hate on the LGS. Yeah, it sucked to not be able to pay msrp... But it's pretty much the only logical choice to go by market price. And nobody understood the intricacies of just having a storefront that _sells_ product. When you're out, nobody wants to come to you. Nobody wants to drop in, nobody comes to maybe buy a couple singles and then a box. You CAN'T let that to happen. And if you sell at a price everyone eats it up at... It'll happen.
Thanks again Danny for being authentic, transparent, and just totally you. You will not find this content elsewhere and I love seeing what is essentially the whole story instead of just bits and pieces. Keep being you, we really are too lucky to have you.
Agree 100%
This is the best content i have seen on youtube in a long time! We really appreciate the transparency. We support what your doing!
Just like everyone else is saying, this kind of real clear information sharing just goes to show how much you actually care about the community and why you're subscribers will stick around. Thanks for the video and keep it up!
Ppl also dont understand, even with 8k in profit on a run, you have your employees, utilities, and space rent to pay AFTER that. We commend you Danny! Thank you for putting the behind the desk aspect of it out there! Will continue to support lgs like your own! Keep being awesome for us in the hobby! We love and appreciate you!
Well ussually profit is ually the money made after all expenses
That’s 8k on a single run they have multiple card games that sell out too such as yuguoh Pokémon Digimon MTG dragon ball force of will an a lot more the employees don’t make more then 15 an hour with no over time an rent is around 1-1500 a month depending on location
@@manny5848 Just checked out their website and they don't carry any of that except Pokémon. For stores that do like myself, I usually don't sell out and much of it sells at a market price that is losing money for us. All of those other games that you just mentioned, most of the time are losses just to get allocations up for the good sets, unless you hold it long enough. But there's only so long you can hold while sets are pouring in and the well dries up. Like Danny said, and I can confirm, it is a very tough balancing act.
Ok what if you own the shop so you don’t have to pay rent
@@MetalRuless instead you pay mortgage, and then if no mortgage then you pay taxes.
One thing of many things I appreciate from you danny is your full transparency & detail video either being selling or prices and set values 🤙 thank you
Loved today's video Danny, I've been on the fence about opening a brick + mortar store in my home town and I'm so glad that there is amazing people like yourself out there creating this content and showing us the ins & outs of tcg gaming/collecting. Keep doing what you do Danny. 👌🏻
You're always looking out for everyone. You're a very special person. Thank you
These are the types of videos that really set your channel apart. The honesty and transparency you offer is incredible and very much appreciated! Thanks for all you do
Danny, Thanks to you I was able to start a small Pokémon card shop on Ebay & its helped me since I've been laid off. Its good side money & its helping me get by. I couldn't have done this without you. I appreciate the content and transparency, you're the absolute BEST!
Getting product wholesale?
Thanks for being so informative, this video taught me so much. I really enjoy hearing the business aspect of Pokemon! You can count on me for continuing to support you!
Thank you for being so transparent with something like this. We appreciate you.
This video is so refreshing, so many local lgs are so reluctant to talk about this stuff.
This honest and upfront content is why I think you have the best pokemon vids on youtube. Thx for this insight!
Danny amazing insight again, it’s a tough world out there and decisions are crucial as you say to make it or break it. I just wish there was more genuine sellers out there like yourself!
You don't see transparency like this ANYWHERE. Pokemon is such an open, honest space. Danny specifically. Thanks for the content I'm really interested in selling cards & starting an online store and I'm already in the green this month and it's thanks to some of your great content.
Great video as always!!!!! This one is especially important for people who are consumers who never owned a business to understand. I have this conversation with my customers at my cigar shop all the time. Prices for small companies have and will always be more expensive then the big guys. And when the market is hot the small guys have to make something to make all the shipping work worthwhile
Danny Santa coming through with the UPC! Thank you for all you thing and do for the community.
Really appreciate this channel and community, thanks for the constant transparency and support for the fans!
Good video. I had a lgs open right in the middle of the lockdowns. Wanted to support them since my town never had a shop before. Literal $100 celebtations etb. Showed them even scalpers on ebay are selling for less. They told be to pretty much F off and buy from someone else. I was ready to drop over $500 on my local business. Got snubbed. So I bought all my celebrations from another lgs and various big box retailers online. I ended up spending closer to $1000. They will go out of business. I get the issue with not having the capital. But it is very short sighted. Because look at now as you said. We got a wave of battle styles, chilling reign, evolving skies, celebrations and fusion strike all at one time and prices tanked over night. Now, when every store is stuck with product and no money, and I am looking to buy, will I order 5 booster boxes for $95 at my LGS, or the lgs that tried their best to stay at msrp when they could have taken the easy money? People remember when they get screwed, and take their business elsewhere. I am dedicated to sellers who are hundreds of miles away. If it is hard, so be it. The fact that pokemon sells this well when the economy is this bad, seems like a weak excuse to me. When everything sells super fast, even if the distributors are raising prices, it should be easy to tighten the belt and keep pressing forward, because many of us have been fired, or had businesses fold because there were no more customers or regulations ruined everything. Card stores have been a rare winner in this economy, and throwing away good will when times are better for card stores, means that when times are not good, there will be a reckoning to pay. Things will stabilize when many stores just lose too much good will. I'm now going to target for cards just because I know I won't be messed with.
Been restarting playing and selling cards (to fuel the hobby) and this channel without a doubt has some of the best honest and precise information I seen. No bullshit, no fake over the top hyping, just the plain truth. I would subscribe for a monthly fee if there was one available !
Very much appreciate you, papa b and your biz. You guys do great work.
Great to hear input from the other side, which most of us are not privy to. Thanks for sharing your story and what you are experiencing!
I respect this transparency greatly, people this candid are far and few. The children of this day and age deserve to experience what we did when we were 12,13,14 etc. With so many businesses searching consumers pockets for every single dime I applaud your consideration towards the consumer. Things are not always as it seems that's why we have always been tought there are to sides to every story.
It worries me to see shelves full of product collecting dust on lgs shelves because they won't adjust their prices. A shop near me still prices 50-packs of cardsavers at $34.99, even though the shortage is long-past and 200-packs are back to $25. A lot of people would say they "deserve" to fail, but it just makes me sad to see this happen.
I mean the ball is in their court. They are making to conscious decision to price their products at peak scalper prices when the market has shifted. They do deserve to fail if they can't read the market.
I’ve only been watching you for a few days, but I already subbed and I can tell you keep it real
Put alot in perspective dude, definitely will take a step back and give a better thought to our LGS around here. Especially since there are so few in my area that I myself claimed to be to expensive.
I hope you make back all that lost potential revenue with the growth of this channel. You deserve to be far higher in subs with how genuine and informative your content is. I applaud all you do. 👏
Congrats on 50k Danny! Just want to repeat what everyone is saying. This info gives great perspective to the customers. The transparency helps us see what y’all go through. Love your videos man. Keep it up!
Danny, I just wanted to say that your transparency about the market and the business is such a breath of fresh air. If and when I need any product that you have, I am doing business with you, thank you!
Idk if you see new comments on your older videos, but I can’t tell you how much I appreciate this info, all the info I’ve been consuming of yours lately (old and new).
My fiancé and I (13 year together lol) have gotten back into… well opening packs for now, but after watching many of your videos the last few months, today, I’m going to start opening some accounts to start selling. I’ve been able obtained a few “older” items, not old old, at a pretty good discount. After doing some more research, I’ve found some deals on other items being able to make 25% profit if sold right now at the prices listed on TCG. So I’m pulling the trigger today.
Looking forward to learning from you on shipping, best places to sell, etc. I’m sure your too busy to give personal advice, but I know I’m going to have questions, I’m a go all in and go hard kinda girl, luckily my fiancé is very supportive of this venture! Anyways, hope to connect with you sometime on a personal level!
Thanks again!
My lgs was able to weather through the waves while maintaining near fair prices. I respected them before and now I have so much more respect for them now with your perspective. Thanks for shedding the light on the darker parts of our hobby
I love Danny. Your honesty keeps me loyal to you.
Always enjoy your content. Great watch and would love to see something like this annually
Owner of and LGS here and had always sell at MSRP prices, excellent excellent video, the only things I will add are 3;
1) a lot of us work with more than 1 distributor so its everything you explained multiplied so you keep them happy.
2) everyone love MSRP as soon is for something they really WANT, if its anything else they want to pay "Market prices" it doesn't matter your LGS is losing money, current example ALL THE FUSION LINE.
3) No all LGS can buy the quantities Danny can, his orders are on the thousands items that's why he can access those prices. You basically buy by items, cases or pallets, each bracket gives you a better price. Think in your LGS even a lot of local Game Stop buy by cases, no pallets.
Thank you Danny you are sincerely the best, we sell at MSRP mostly for karma, we love this business and that's the only reason we stay in the game. ( -;
Appreciate your transparency in the hobby
Thanks Danny! It's really cool to know how the system works behind the scene :D
Thank you for always having relevant content on your channel. Very informative
THANK YOU SOOO MUCH for breaking this all down and keeping it real Danny!!!😎👍✌
Completely understand the struggles you mention in this video. I think we as consumers have collective bargaining power but fail to use it (it's hard on such a large scale). I refused to buy "market" prices for Evolving Skies or Celebrations and I'm glad I had the patience to just wait (got everything I wanted for near MSRP). One of my local LGSs was trying to sell Celebrations ETBs at $90, and I calmly said "not the price I want to buy at" and left. Another LGS had them the same day for $55 (like you) and I was happy to pay at that price.
The first store said they had the price the way it was (and limits on buying) as anti-scalping methods. While I understand the concern, $90 for an ETB just felt like squeezing as much money as possible from customers and it soured me from buying from that store again. As you mentioned, this may hurt those stores in the long run.
Great video! I really think that those lgs that tried to hold the line for collectors (lottery, codes, limits) will be still here when all the dust settles and those who tried to get into the hype will be stuck with a lot of product and no loyal customers.
With this video u made a new customer out of me not because im cheap but because i thought of starting up something to do this same thing...and i honestly would look at it the ae as u to try and help ppl get the best prices available...seriously...cant wait to shop
Thanks for showing us both sides of the story Danny. It definitely gives us perspective.
Really enlightening to see the perspective of a LCS owner! Thanks Danny.
I love the transparency, awesome video, great knowledge.
Thank You immensely Danny. I always look forward to your content sir. I also wanted to add that I greatly value your videos on how best to deal with bulk i.e. which cards to pull out.
Thanks Danny for the great sharing once again! Salute you for selling products close to MSRP!
Always great content. Thank you for taking the time to explain all sides of the issues and not just promoting one opinion or another.
Man I love this video!!! Let me say this, as an avid collector, you’ve just earned another customer. Thank you for confirming what I have thought all along about a lgs that I stopped supporting about 6 months ago
Danny... keep up the great content bro. Appreciate your hard work 💪. Thanks and stay positive.
I love when you drop that knowledge. I like these videos from you and your honesty is just great. 🙂
This is a great video! Thanks for the cold hard truth. We appreciated you and your business. I totally understand since I have ran a small business before… it is tough.
Really appreciate the info and putting thing into perspective especially with lgs and pricing things that might be out of print! I did get frustrated though with my local lgs charging $50 for a $20 charizard box on release day of celebrations and knowing there would be more
Thank you for all this info brother. Always love watching your video. I feel you, I understand you.
You are the reason I love thinking about my dream of opening my own card shop. You give me information that nobody else, including LGS owners I am friendly with, will give. This information keeps my dream alive while I try to build up the capital to open one.
You know, showing this to your viewers and being this transperant is pretty darn respectable. Even if you are not the biggest poketuber, i think you will have the most loyal and respected community, including me :)
I love your videos. You do a great job of breaking down the backside of the hobby. I run a business and have a good understanding of overhead, margins, etc… I would love to open a store, but the capitol it would take is scary. Thanks for the content and keep it up!
Totally fascinating analysis. Thank you for this detailed look at the LGS world
Talking to the owner of my LGS. He said he’s really had to spread his resources through many different distributors so he doesn’t get screwed. Also, the price he pays changes depending on the market too. So they’re not making a extra money because of market mark up. The profit margins on Pokemon are already abysmal compared to most other companies.
Not only Pokémon trading cards. I run a collectibles store and it's the same thing. We came close to bankruptcy 4 times in 1 year because trying to keep the price competitive we had to cut down employment, cut down spending on new products, etc because we only made enough to pay pre orders, rent, and other things we couldn't get out of.
I absolutely love these videos. I've been thinking of trying an online tcg store and videos like these really help me get a better understanding of what's needed
Your hair looks so good at this length!
Great video Danny. This really puts it all into perspective... something I appreciate in today's market. It's good to be informed.
Amazing video man. Thank you so much for this. Invaluable information.
Danny this video is why your the best man!!! You and Papa are doing a great job because of you I haven’t walked away thanks.
You are definitely one of the most informative distributors in this space. Thank you so much for sharing this Danny!
He’s a reseller like Wally World, Tarjé and your LGS is. He’s not a distributor.
Now pay your employees, rent, utilities, supplies, yourself, etc with that “profit”. Lol. That’s where people slip up. Great video as always. Thanks Danny.
Thank you for transparency, it's nice to know behind-the-scenes in order to be less judgmental. LGS's are businesses after all!
Ur videos are great!. I just started selling because in my country Pokemon is super expensive and salaries are low. I saw how children were getting ripped off. So I ordered 2 Silver Tempest boxes and started selling singles for much cheaper. Have sold 16 out of 72 so far :) Also bought online codes and been selling these also. Small start but is fun and I am happy I can help people. Today a lady ordered for her son and said that she couldn't afford them before and wants to buy from me in the future also :)
You didn't have to do this, and that's why we're all so glad you did. Great stuff as always Danny. Thanks for helping everyone understand what's really going on. Had no idea bout the V battle decks and striker tins, but now it all makes sense. Long live the Colosseum!
Great Video, but this has not been the case for us here on the west coast... Just posted our reply video! Nothing but love Danny!
This was a really informative video. I haven't really thought of pokemon cards as something vary seriously. Props for doing the research and helping us consumers with what's going on.
I still have those team up blisters I bought for Christmas last year. Planned to open them, but you gave me one of each artwork and they look great sealed 😅
Looking back at this after opening up a tcgplayer store, i would've done between this. I would've done 70$ just to increase capitol. You and The Lab helped me open my store!!!!😁
THIS IS WHY I SUBBED!!! Please continue to posz content like that instead some click bait giveaway shite man. This is great and unique, the same as the videos you started with. Please keep doing this content.
Good content. Gives me a break from my daily stress.
This video is super informative and I really appreciate it. I have been going back and forth on trying to get product from a wholesale distributor, but I haven't been sure on how to go about it, or if I even should.
Using market price is why I’ve stopped shopping at my two local lgs’s. Both now refuse to sell for msrp. One blindly follows the price on Amazon the older shop sold at msrp for years prior to Champion’s path. The older store I had been a loyal customer since base set, that’s around 20 years. It just baffles me because I can order the same product online from another store and even with shipping calculations in- it’s still cheaper then the store charging double, sometimes triple msrp at my lgs. Recently I saw a friend post on Twitter that the lgs had the Reshi-Charizard Box gx premium box, a Walmart exclusive product, selling in the store for $150 because of how in demand the product is.
Danny played the long game and the loyalty will always be there because of it
Thank you for making this video! It's super helpful!
Great content as always Danny!
This was crazy informative. Thank you
As everyone else has said, Danny -- you truly are one of a kind! But I worry about you ;) I want you to take a breath... take a slight, pause... to keep yourself (and your family) well!!!
Thank you for sharing people need to see this
Wow what a great video. I am considering to open for kids pokemon afterschool club here. Seems like our local club is geared towards adults only and kids have no place where they could gather and play cards or trade etc. With time maybe see if I can open a little store to sell as well. This was a great insight. Thank you for sharing this.
Thanks for the honest information. This is helpful to understanding the market.
Love this guy this is a free class on running an lgs Pokémon. Amazing work all ways
I know my LGS also sells other TCGS and sports memorabilia as well Pokémon. I wonder how they prioritize which TCG to invest in during the holidays. Great video as always it really makes me think about the behind the scenes more.
Transparency!! Thank you Danny! Really appreciate what you do and I think I speak for most collectors when I say that we don’t think you’re stupid for wanting a strong and loyal customer base and still being able to hit your margins. It’s fair and we don’t feel like we’re being taken advantage of. The market prices for celebrations were so high bc supply at retail price was non existent. Scalpers got there first and big box stores had nothing left. LGS went with market price , if they didn’t then a scalper would’ve bought from them at retail and sold it on a secondary market anyway. It’s a strange cycle, but understandable. Not ideal, but understandable.
Could always have limited orders or addresses. Many ways to combat it if they cared.
Great video brother, love Pokémon and have also considered potentially buying product to sell, this helps
Your a freakin legit hobbyist! I love it I would do as close to MSRP as well and I say that wholeheartedly. I love the transparency and all your content. I sold some Pokémon celebrations and only made a couple bucks but this person said they would come to me for product everytime in the future. Which from a company aspect, you want the loyal customer. Keep up what your doing! Your awesome!
Amazing video as always! Keep up the great, honest work! You inspired me to start selling and now i have thousands of sales on TCG Player! I've now shown a few of my buddies how they can make some extra cash to enjoy the games they love! Thanks Danny.
-Kevin from MANDO YGO
Enjoying your channel alot! I've had to sub a few times I keep forgetting my passwords 🤣
Question though regarding the allocations being forced on you, for lack of better words. If your distributor is aware that certain items don't sell is it possible for them to not get that item or as much?
Another awesome video my man! ❤️
*I'm a simple man with simple needs. I see a new Danny Phantump video,i click.*
Maaan, I’m about 16 minutes now and this video made me super sad 😢 thank you for sharing this info, Danny.
Thank you Danny for this video!
Mad respect for you sharing this danny🤙
Love your videos. Real quick question: why are distributors raising prices? They seem to be taking advantage of the situation but worst since they seem to have a monopoly for lgs
Heh, you should see what they do with older product they sell to stores. They were selling items at listed eBay market prices for hidden fates etbs. Not even sold, the LISTED amounts.
Are prices in or excluded VAT? Great video !! Very relatable
I'm a collector and not a seller but I'm a business manager... Am I hearing it right that your saying not only your distribution sold you $14ks of dead stock and you only made $8k of profit from one celebration product... Let's make that 4 times and turn it into 32k. Then let's include rent and two wages into the mix. How does a physical store live as a business? Are you paying yourself Danny? Like at all?
Hey, thanks for this video. I found myself on a CnAG video talking on similar points around Celebrations release and it felt disgusting seeing all this LGS hate. I work very close to top of my department in retail, and while it's slightly different because our prices CAN'T really change that easily... I get all of this business talk directly handed to me as well.
And it sucked seeing people not understanding any of it, and blindly putting hate on the LGS. Yeah, it sucked to not be able to pay msrp... But it's pretty much the only logical choice to go by market price. And nobody understood the intricacies of just having a storefront that _sells_ product. When you're out, nobody wants to come to you. Nobody wants to drop in, nobody comes to maybe buy a couple singles and then a box. You CAN'T let that to happen. And if you sell at a price everyone eats it up at... It'll happen.