Thank you for saying this. It's especially true for singles, if you factor in shipping costs here in Europe, people are willing to pay more just because you're in the same country. Also the larger inventory you have, the more people accept to pay a premium to get all cards at the same place
That only applies to cheap cards. Once you start hitting the 10-20 euros mark then it's more convenient to split the orders. As for the same country logic I would say it's dependant on your country. I'd rather get cards from another country than Italy lol. The unregistered shipping from Germany is cheaper and faster than from my country and cards are usually in better condition too. My experience as a seller is limited but as a buyer I am extremely confident I know what I'm talking about (unfortunately, I wish I could go back and not buy 90% of what I bought of this god forsaken game).
This is exactly how the market sets prices though, you can't infinitely undercut because then demand will increase, thus pushing the price back up. If there's money on the table because the price is too cheap (say 20% under current tcg low) and there is sufficient demand (e.g. the buyer's hihest acceptable price given quantity is some higher number closer to current low) then the price will self-correct just based on that. If I need to sell 100 boxes today, I need to set lower prices to stimulate demand. If I need the money today and need to a box, I might undercut buy $10 instead of $0.01 or matching low. in economics, you could say that the discount rate (value on the future vs. today) might be different between different buyers and sellers so getting the maximum price a week from now might be the same value to me as getting 10% less today. So, I would say this phenomenon is just markets working, and not some mistake by sellers.
Yup, this is just one of the mechanisms of price discovery that isn't going away Also seems to be ignoring the cost benefit of time, if your money will do better mobilized elsewhere then you're hamstringing yourself waiting on a couple bucks Ultimately this seems like a fine strategy for some people, especially smaller scale, but I feel like more sellers live and die on cost basis and volume
This is why I like eBay as a platform, much better, because instead of having a SKU or whatever term that would be, and only seeing the cards really under one listing basically on eBay, you can really get creative with your listings and I feel like that leads to the potential for selling things at much higher prices than the alternative like TCG player
I think your $5 gap example is just a result of the Mass Price rules being set to match "Lowest price without shipping considered" that is the typical auto rule that a store will use.
Exactly, I always use the "Do not include shipping" on my auto-pricer because of this exact reason, the price difference is exactly the difference in shipping price so I'm pretty sure you are correct on this one
In my humble experience of selling some expensive and/or desirable singles on Cardmarket in Europe I will say I had the opposite experience, cards are a lot less liquid than people realize. I had desirable cards for sale in mint condition at the lowest price and I struggled to sell them, it took a long time and some didn't sell at all. Now, I have to say that being Italian people don't trust my shipping options (and for a good reason) so that might discourage the buyers and I don't have thousands of feedbacks but still.
In a previous video he explains other ways... Like making all your commons 5 cents with 1.99 shipping and the algorithm will choose your cards to fill orders lots of times... There are more ways than undercutting. Now his shipping is like 4.99 because he has the customers.
@@anthonycatania5613 Not everyone has store-like volume of cards. Most people are just players that want to get rid of the cards they have, they're not going to have millions of single in stock.
For a product with so many recent sales going below market is poor strategy. On the other hand there are some mtg accessories with no recent sales in the past year because the sellers refuse to lower to post pandemic pricing.
Thank you for saying this. It's especially true for singles, if you factor in shipping costs here in Europe, people are willing to pay more just because you're in the same country. Also the larger inventory you have, the more people accept to pay a premium to get all cards at the same place
That only applies to cheap cards. Once you start hitting the 10-20 euros mark then it's more convenient to split the orders. As for the same country logic I would say it's dependant on your country. I'd rather get cards from another country than Italy lol. The unregistered shipping from Germany is cheaper and faster than from my country and cards are usually in better condition too.
My experience as a seller is limited but as a buyer I am extremely confident I know what I'm talking about (unfortunately, I wish I could go back and not buy 90% of what I bought of this god forsaken game).
Volume is also a factor... if a product moves in high volume the price gap would be tight.
This is exactly how the market sets prices though, you can't infinitely undercut because then demand will increase, thus pushing the price back up. If there's money on the table because the price is too cheap (say 20% under current tcg low) and there is sufficient demand (e.g. the buyer's hihest acceptable price given quantity is some higher number closer to current low) then the price will self-correct just based on that.
If I need to sell 100 boxes today, I need to set lower prices to stimulate demand. If I need the money today and need to a box, I might undercut buy $10 instead of $0.01 or matching low. in economics, you could say that the discount rate (value on the future vs. today) might be different between different buyers and sellers so getting the maximum price a week from now might be the same value to me as getting 10% less today. So, I would say this phenomenon is just markets working, and not some mistake by sellers.
Yup, this is just one of the mechanisms of price discovery that isn't going away
Also seems to be ignoring the cost benefit of time, if your money will do better mobilized elsewhere then you're hamstringing yourself waiting on a couple bucks
Ultimately this seems like a fine strategy for some people, especially smaller scale, but I feel like more sellers live and die on cost basis and volume
This is why I like eBay as a platform, much better, because instead of having a SKU or whatever term that would be, and only seeing the cards really under one listing basically on eBay, you can really get creative with your listings and I feel like that leads to the potential for selling things at much higher prices than the alternative like TCG player
He's assuming perfect conditions, which is almost never the case, most sellers need the money or are really desperate to pay bills.
I think your $5 gap example is just a result of the Mass Price rules being set to match "Lowest price without shipping considered" that is the typical auto rule that a store will use.
Exactly, I always use the "Do not include shipping" on my auto-pricer because of this exact reason, the price difference is exactly the difference in shipping price so I'm pretty sure you are correct on this one
In my humble experience of selling some expensive and/or desirable singles on Cardmarket in Europe I will say I had the opposite experience, cards are a lot less liquid than people realize. I had desirable cards for sale in mint condition at the lowest price and I struggled to sell them, it took a long time and some didn't sell at all. Now, I have to say that being Italian people don't trust my shipping options (and for a good reason) so that might discourage the buyers and I don't have thousands of feedbacks but still.
You should listen to may the zoo be with you podcast episode where they interviewed the banana stand
That’s how to get reviews as a new seller - undercut. That’s the formula. You did it too right?
In a previous video he explains other ways... Like making all your commons 5 cents with 1.99 shipping and the algorithm will choose your cards to fill orders lots of times... There are more ways than undercutting. Now his shipping is like 4.99 because he has the customers.
We all made beginner mistakes, yeah.
@@anthonycatania5613 Not everyone has store-like volume of cards. Most people are just players that want to get rid of the cards they have, they're not going to have millions of single in stock.
DO NOT REDEEM SIRS
Price gaps get all cray cray after a buyout.
It’s probably mass priced
For a product with so many recent sales going below market is poor strategy. On the other hand there are some mtg accessories with no recent sales in the past year because the sellers refuse to lower to post pandemic pricing.
Or hear me out please continue to race to the bottom. The people looking to purchase cards will be happy lol.