Author:  Nubs_Select  Posted:  Nov 30, 2023 01:34  Subject:  Re: perhaps a taboo inquiry about making money  Viewed:  67 times  Topic:  Selling Cancel Reply

BrickLink ID Card Nubs_Select (3821) Location:  Canada, Ontario Member Since Contact Type Status Mar 15, 2016 Seller Store: Nub's Select

In Selling, BrickDeals writes:    In Selling, madeleine_ writes:    i'm sure for many people bricklink is simply a hobby, as for me, but the shops at the top can't be sinking thousands of hours and dollars into something because it's fun right? i want to know where these colossal stores find their profit. as a super tiny store, my investment in little ebay listing or lots is minimal, and any profit tends to come from shipping costs. i'd love to expand, but with no guarantee of orders, it's a little daunting to invest money into items that might only be worth $10 more than i get it for. also i only care about bionicle. lol. In any market, you need to have an edge. There are around 6 business models on Bricklink. (I will not count hobby store models) 1.) Source out massive inventories due to geographical advantage (proximity to LEGO factories). Spend a million $$$+. 2.) Source from PAB, European sellers and focus on high velocity inventory. Spend 100K+ 3.) Source used LEGO lots. Purchase LEGO for $2 a pound in bulk, clean it, sort it, list it. So a tonne of LEGO is $2,000-$3,000 but you spent a lot of time (although AI makes it easier) This is somewhat geographic because you need to be somewhere where there is a lot of used LEGO for sale and cheap labor. 4.) Purchase new sets at discount, wait 18+ months for them to appreciate. At least 20K+ to get started and you won't really make that much unless you can scale. 5.) Source used LEGO lots. Pick out all the good stuff (rare pieces, minifigure parts), sell the rest in bulk lots. I calculated it is possible to make $35-$40 an hour, but again supplies of quality lots can be limited. 6.) Buy sets and part them out. This model is sort of obsolete, because LEGO started limiting quantity purchases around 2012. It is hard to get 100 of the same sets to part out. Only 1, 2, and 3 are serious business models. 4, 5, and 6 can earn you side money every month. A combination of all 6 is quite possible and even 4, 5, and 6 if done right can still be enough to live off of.

Message is in Reply To:

Re: perhaps a taboo inquiry about making money - BrickDeals (2813)

[...] In any market, you need to have an edge. There are around 6 business models on Bricklink. (I will not count hobby store models) 1.) Source out massive inventories [...] (6 months ago, Nov 30, 2023, to Selling)

Message Has 1 Reply:

Re: perhaps a taboo inquiry about making money - Nubs_Select (3821)

But yes I agree those are the 6 main serious options (if you arnt just selling what you have around/selling under $100 a month or something) (6 months ago, Nov 30, 2023, to Selling)

48 Messages in this Thread:

 Msg 1 - madeleine_ (31) 6 months ago Nov 28, 2023 to Selling
 Msg 2 - wildchicken13 (876) 6 months ago Nov 29, 2023 to Selling
 Msg 3 - Nubs_Select (3821) 6 months ago Nov 29, 2023 to Selling
 Msg 4 - peregrinator (783) 6 months ago Nov 29, 2023 to Selling
 Msg 5 - wildchicken13 (876) 6 months ago Nov 29, 2023 to Selling
 Msg 6 - peregrinator (783) 6 months ago Nov 29, 2023 to Selling
 Msg 7 - wildchicken13 (876) 6 months ago Nov 29, 2023 to Selling
 Msg 8 - 1001bricks (52467) 6 months ago Nov 29, 2023 to Selling
 Msg 9 - Nubs_Select (3821) 6 months ago Nov 29, 2023 to Selling
 Msg 10 - wildchicken13 (876) 6 months ago Nov 29, 2023 to Selling
 Msg 11 - 1001bricks (52467) 6 months ago Nov 29, 2023 to Selling
 Msg 12 - wildchicken13 (876) 6 months ago Nov 29, 2023 to Selling
 Msg 13 - eileenkeeney (1610) 6 months ago Nov 29, 2023 to Selling
 Msg 14 - Procook131 (556) 6 months ago Dec 1, 2023 to Selling
 Msg 15 - cosmicray (3498) 6 months ago Nov 29, 2023 to Selling
 Msg 16 - yorbrick (1185) 6 months ago Nov 29, 2023 to Selling
 Msg 17 - cosmicray (3498) 6 months ago Nov 29, 2023 to Selling
 Msg 18 - madeleine_ (31) 6 months ago Nov 29, 2023 to Selling
 Msg 19 - Macaronis (725) 6 months ago Nov 29, 2023 to Selling
 Msg 20 - wildchicken13 (876) 6 months ago Nov 29, 2023 to Selling
 Msg 21 - zorbanj (827) 6 months ago Nov 29, 2023 to Selling
 Msg 22 - Macaronis (725) 6 months ago Nov 29, 2023 to Selling
 Msg 23 - wildchicken13 (876) 6 months ago Nov 29, 2023 to Selling
 Msg 24 - 1001bricks (52467) 6 months ago Nov 29, 2023 to Selling
 Msg 25 - kzinti (4925) 6 months ago Nov 29, 2023 to Selling
 Msg 26 - wahiggin (2867) 6 months ago Nov 29, 2023 to Selling
 Msg 27 - rtzx9r (1037) 6 months ago Nov 30, 2023 to Selling
 Msg 28 - BrickDeals (2813) 6 months ago Nov 30, 2023 to Selling
 Msg 29 « - Nubs_Select (3821) 6 months ago Nov 30, 2023 to Selling
 Msg 30 - Nubs_Select (3821) 6 months ago Nov 30, 2023 to Selling
 Msg 31 - helge (24141) 6 months ago Nov 30, 2023 to Selling
 Msg 32 - Nubs_Select (3821) 6 months ago Nov 30, 2023 to Selling
 Msg 33 - Admin_Russell 6 months ago Nov 30, 2023 to Selling
 Msg 34 - Nubs_Select (3821) 6 months ago Nov 30, 2023 to Selling
 Msg 35 - 1001bricks (52467) 6 months ago Nov 30, 2023 to Selling
 Msg 36 - Stellar (3536) 6 months ago Nov 30, 2023 to Selling
 Msg 37 - helge (24141) 6 months ago Dec 1, 2023 to Selling
 Msg 38 - 0to60 (5819) 6 months ago Nov 30, 2023 to Selling
 Msg 39 - yorbrick (1185) 6 months ago Nov 30, 2023 to Selling
 Msg 40 - 1001bricks (52467) 6 months ago Nov 30, 2023 to Selling
 Msg 41 - 1001bricks (52467) 6 months ago Nov 30, 2023 to Selling
 Msg 42 - yorbrick (1185) 6 months ago Nov 30, 2023 to Selling
 Msg 43 - 1001bricks (52467) 6 months ago Nov 30, 2023 to Selling
 Msg 44 - SylvainLS (46) 6 months ago Nov 30, 2023 to Selling
 Msg 45 - 1001bricks (52467) 6 months ago Nov 30, 2023 to Selling
 Msg 46 - helge (24141) 6 months ago Dec 1, 2023 to Selling
 Msg 47 - runner.caller (2656) 6 months ago Dec 1, 2023 to Selling
 Msg 48 - EclecticHoarder (4) 6 months ago Dec 3, 2023 to Selling