"we do not hit the consignor with all of the fees!" I like that. The buyer pays some of the fees and the seller pays some, so everybody pays less. Did you ever consider a career in politics? It sounds a lot like Obama's plan to "spread the wealth", except in this case you are "spreading the fees".
Bruce On Sat, May 30, 2009 at 12:22 PM, Smith, Grey - 1367 <[email protected]> wrote: > I feel compelled to chime in here as I too saw similar at Cinevent. > On Heritage's site we charge a Buyer's Premium, which my competitors so > kindly point out. But this is no secret and is not hidden in the slightest. > What does make us different is that we split our fees between buyer and > seller and consequently our consignors DO NOT take the brunt of the fees! > And that being said, we will be beginning a sliding Seller's Fee in the > next month which will allow the seller to pay a smaller fee on the higher > priced items making it even a greater incentive to consign with us. The > Seller's Fee will begin at 15% for the items that exceed the $1000 hammer > price and will go up to only a mere 35% on the items that go below $10. That > is a significant savings as to what you may be paying other internet dealers > on their site, anyway you figure it! Why, because we do not hit the > consignor with all of the fees! > > On May 30, 2009, at 9:39 AM, "Sean Linkenback" <[email protected] > <mailto:[email protected]>> wrote: > > I am probably only half qualified to answer this, as I am a dealer who does > not consign to Bruce, but I am not what you would call a dealer with a large > inventory. > > Even still, I am going to go with the first option: > Commission rate is too high. > > I remember awhile back, I ran some quick numbers stating that something > like 50% of Bruce’s auctions end for less than $40 an item, and maybe > something like 30% ended at less than $10 (and Bruce then followed up with > an MCW ad trumpeting those percentages and all the low prices his items got > to prove there were a great many deals). > This means that consignors are losing 40-60% of sales price on average. > That’s a pretty big chunk of money, especially as how you’ve bragged about > all the eBay fees you are saving now, but you didn’t lower your commission > rates at all. > > The only other thing that comes to mind is that after seeing prices on a > lot of dealers (stale) inventory at Cinevent, they are convinced that the > prices you receive are much to low for them to consider selling something. > They would rather not sell items at 2-3x your prices realized (even after > having the items for years) then sell it and move some inventory. Maybe I > was one of the few dealers who left that show happy, and if so I chalk it up > to having a consistently fresh inventory with competitive prices so sales > for me were quite brisk, and spending lots of money at the show to replenish > inventory and have new things to offer clients. > > Sean > > ________________________________ > From: MoPo List [mailto:[email protected]] On Behalf Of Bruce > Hershenson > Sent: Saturday, May 30, 2009 9:04 AM > To: <mailto:[email protected]> [email protected] > <mailto:[email protected]> > Subject: [MOPO] Attention dealers with large inventories: Why don't YOU > consign to eMoviePoster.com? > > Most of the dealers on MoPo consign to eMoviePoster.com already, and this > is NOT addressed to those dealers. > > I am talking to those few of you who have large inventories and are > watching eBay circle the drain, but you have not yet consigned to us, and I > am wondering why that is. > > Is it because you think our commission rates are too high, our selling > prices are too low, you can't handle the no reserves, it takes us too long > to auction your items, you want to consign where your items will be > over-graded and mysterious maxed bids will be placed, or what? > > I was talking to one leading dealer and he said "It is really just a matter > of pride" and another said "I just lack the inertia to get that first > package off to you". > > I can't tell you how many dealers have started off with a single package to > us (with a mixture of good, bad, and in-between items) and now they send us > lots and lots of items regularly, and in return get monthly checks from us > in the thousands of dollars (there are also a few dealers who sent us one > package of really undesirable difficult to sell junk, and they have never > consigned again). > > I am NOT pleading for consignments! We auction 2,000 items a week, and we > take in over 2,000 items per week in new consignments (which is why we will > shortly be adding Sunday afternoon auctions), but I just thought hearing the > reasons for why those few of you who don't consign have never done so might > help me improve any shortcomings in my operation. > > You can post on MoPo or you can reply to me privately. > > Thanks for any input. > > Bruce > Visit the MoPo Mailing List Web Site at <http://www.filmfan.com> > www.filmfan.com<http://www.filmfan.com> > ___________________________________________________________________ > How to UNSUBSCRIBE from the MoPo Mailing List > Send a message addressed to: <mailto:[email protected]> > [email protected]<mailto:[email protected]> > In the BODY of your message type: SIGNOFF MOPO-L > The author of this message is solely responsible for its content. > Visit the MoPo Mailing List Web Site at <http://www.filmfan.com> > www.filmfan.com<http://www.filmfan.com> > ___________________________________________________________________ > How to UNSUBSCRIBE from the MoPo Mailing List > Send a message addressed to: <mailto:[email protected]> > [email protected]<mailto:[email protected]> > In the BODY of your message type: SIGNOFF MOPO-L > The author of this message is solely responsible for its content. > > Visit the MoPo Mailing List Web Site at www.filmfan.com > ___________________________________________________________________ > How to UNSUBSCRIBE from the MoPo Mailing List > > Send a message addressed to: [email protected] > In the BODY of your message type: SIGNOFF MOPO-L > > The author of this message is solely responsible for its content. > Visit the MoPo Mailing List Web Site at www.filmfan.com ___________________________________________________________________ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [email protected] In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content.
