toro Posted May 20, 2023 Share Posted May 20, 2023 Has anyone dealt with Collectibles Comics? Whether it is an auction or a marketplace sale they don't charge any fees, how do they make money? https://collectorscomics.com SpineTic 1 Link to comment Share on other sites More sharing options...
Lightning55 Posted May 20, 2023 Share Posted May 20, 2023 I guess they don't make ANY money, or they would have Sort and Filter functions that actually work. toro, batman_fan and SpineTic 2 1 Link to comment Share on other sites More sharing options...
jjfversion1 Posted May 20, 2023 Share Posted May 20, 2023 I know they don't charge seller fees, but I imagine the buyer must pay a fee similar to Heritage, so that is probably where the money is coming from. It makes sense for a new auction house to employ this tactic as they need sellers to consign their books and the lack of fees is where they can stand out from the rest of the pack. WolverineX, SpineTic and NewWorldOrder 3 Link to comment Share on other sites More sharing options...
Lightning55 Posted May 20, 2023 Share Posted May 20, 2023 On 5/20/2023 at 1:18 AM, jjfversion1 said: I know they don't charge seller fees, but I imagine the buyer must pay a fee similar to Heritage, so that is probably where the money is coming from. If you follow the link to the main page and move through the banner ad at the top by clicking the arrows, you will see the header that says 100% free to buyer and seller. You are likely correct that they are not charging sellers in order to populate their site, but it appears they are doubling down by also not charging buyers. toro 1 Link to comment Share on other sites More sharing options...
jjfversion1 Posted May 20, 2023 Share Posted May 20, 2023 On 5/19/2023 at 11:13 PM, Lightning55 said: If you follow the link to the main page and move through the banner ad at the top by clicking the arrows, you will see the header that says 100% free to buyer and seller. You are likely correct that they are not charging sellers in order to populate their site, but it appears they are doubling down by also not charging buyers. I stand corrected! Interesting business model, but I guess you have to spend money to make money. SpineTic 1 Link to comment Share on other sites More sharing options...
Popular Post Ryan. Posted May 20, 2023 Popular Post Share Posted May 20, 2023 They are going with a completely free model to establish their brand. They will start charging fees likely next year. It's a smart strategy that drives traffic to their site where they also sell books directly. I just wish they wouldn't put those stupid stickers on the back of the case. SpineTic, WolverineX, Northwest and 3 others 6 Link to comment Share on other sites More sharing options...
shadroch Posted May 20, 2023 Share Posted May 20, 2023 When Mycomicshop began taking consignments, it was free for sellers. It helped them attract new consigners. toro and Point Five 2 Link to comment Share on other sites More sharing options...
toro Posted May 20, 2023 Author Share Posted May 20, 2023 I assume they must have a ton of their own slabs that are in the marketplace and the auctions. It is just clunky website. SpineTic and batmiesta 2 Link to comment Share on other sites More sharing options...
Courageous Cat Posted May 20, 2023 Share Posted May 20, 2023 On 5/20/2023 at 1:16 PM, toro said: I assume they must have a ton of their own slabs that are in the marketplace and the auctions. It is just clunky website. Agree 100%. Pretty bad website although I've seen worse. Somewhat overpriced books, but all in all I enjoy his YouTube rants and hope the best for him SpineTic and batmiesta 2 Link to comment Share on other sites More sharing options...
NewWorldOrder Posted May 20, 2023 Share Posted May 20, 2023 On 5/19/2023 at 11:13 PM, Lightning55 said: If you follow the link to the main page and move through the banner ad at the top by clicking the arrows, you will see the header that says 100% free to buyer and seller. You are likely correct that they are not charging sellers in order to populate their site, but it appears they are doubling down by also not charging buyers. He said eventually he will just charging. It's smart and basic tactic to get a customer and consignor base then to start charging commissions. WolverineX, SpineTic and jsilverjanet 3 Link to comment Share on other sites More sharing options...
JollyComics Posted May 20, 2023 Share Posted May 20, 2023 Sounds like an entrapment. They intend to overgrade books. I sold my restored Marvel Spotlight #5 to them last year. SpineTic 1 Link to comment Share on other sites More sharing options...
toro Posted May 20, 2023 Author Share Posted May 20, 2023 Last week in the auction was the first time I used the site. I won a few books, but there were a few that had me scratching my head on the final price. I may try selling there in the next auction, but I will not be sending in anything super high end. SpineTic 1 Link to comment Share on other sites More sharing options...
Stefan_W Posted May 20, 2023 Share Posted May 20, 2023 On 5/20/2023 at 7:08 AM, Ryan. said: They are going with a completely free model to establish their brand. They will start charging fees likely next year. It's a smart strategy that drives traffic to their site where they also sell books directly. I just wish they wouldn't put those stupid stickers on the back of the case. They put stickers on the back of slabs? spoon, finally had CL stop doing that #$$% after years of waiting. I think it is counterproductive because some buyers simply wont use the site because they dont want the pain of removing them. SpineTic 1 Link to comment Share on other sites More sharing options...
Ryan. Posted May 20, 2023 Share Posted May 20, 2023 On 5/20/2023 at 3:49 PM, toro said: there were a few that had me scratching my head on the final price. High or low? BlowUpTheMoon and SpineTic 1 1 Link to comment Share on other sites More sharing options...
WolverineX Posted May 20, 2023 Share Posted May 20, 2023 Yeah bought a golden age book from them before. Pretty good experience. I bet this is just a promotional period to get their name out. SpineTic 1 Link to comment Share on other sites More sharing options...
Lightning55 Posted May 20, 2023 Share Posted May 20, 2023 (edited) On 5/20/2023 at 3:50 PM, Stefan_W said: They put stickers on the back of slabs? spoon, finally had CL stop doing that #$$% after years of waiting. I think it is counterproductive because some buyers simply wont use the site because they dont want the pain of removing them. I doubt you wrote "spoon" here. I wonder what word they automatically replaced with spoon. Like for m0r0n, they replace it with insufficiently_thoughtful_person, or something like that. Edited May 20, 2023 by Lightning55 Stefan_W, Namtak and SpineTic 3 Link to comment Share on other sites More sharing options...
toro Posted May 20, 2023 Author Share Posted May 20, 2023 On 5/20/2023 at 3:54 PM, Ryan. said: High or low? I thought some went pretty high. I am setting GPA lows on books on Comiclink and some books on this site was setting 12 month highs. SpineTic, jimjum12 and aardvark88 3 Link to comment Share on other sites More sharing options...
SpineTic Posted August 14, 2023 Share Posted August 14, 2023 On 8/14/2023 at 10:33 AM, Askinator said: It's curious how they manage to operate without charging fees. They could have revenue streams from premium features, partnerships, or even sponsored content. It's a reminder that there are creative ways to sustain platforms beyond traditional fees.On a personal note, I've been on a quest for ways to boost my income too. Recently, I found out about games that make money while having fun. It's like a double win – entertainment and a bit of extra cash. So, whether you're into comics or exploring money-making games, it's all about finding those unique opportunities. The humble Watcher lurking 1 Link to comment Share on other sites More sharing options...
Popular Post Ryan. Posted August 14, 2023 Popular Post Share Posted August 14, 2023 On 8/14/2023 at 10:33 AM, Askinator said: It's curious how they manage to operate without charging fees. They could have revenue streams from premium features, partnerships, or even sponsored content. It's a reminder that there are creative ways to sustain platforms beyond traditional fees.On a personal note, I've been on a quest for ways to boost my income too. Recently, I found out about games that make money while having fun. It's like a double win – entertainment and a bit of extra cash. So, whether you're into comics or exploring money-making games, it's all about finding those unique opportunities. Should I PM you my credit card info or just post it here? universal soldier, badback83, Gonzimodo and 4 others 7 Link to comment Share on other sites More sharing options...
batman_fan Posted August 15, 2023 Share Posted August 15, 2023 I would not classify this as a “smart strategy”. It is the standard strategy used for over 100 years by businesses. A smart strategy would be something new, innovative, and effective. toro 1 Link to comment Share on other sites More sharing options...
