I agree that my commission rates are higher than if you auction the items yourself, but of course that discounts the time and labor involved in doing it yourself. I was not talking about someone like you with a fairly modest inventory (by number of items), but rather those with warehouses of items, who won't get to list all their own items themselves in several lifetimes.
One question: if the other dealers had too-high prices, but YOU spent "lots of money at the show to replenish inventory", who did you buy from? Bruce On Sat, May 30, 2009 at 11:38 AM, Sean Linkenback <[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:* [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 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.
