Quote:
Originally Posted by travrosty
This will be a continuing blog with points 1-10, etc.
1. First, know the market. Let's say you have a nice Babe Ruth cut, you believe it to be real, but not quite sure, you don't want to be had for the 170 dollars or so the authentication companies will charge, pass or fail, and how do you know they know their stuff and it won't get failed even though it is good? Or vice versa? You are 170 in the hole either way for an autograph with a poor track record of authentication from these companies.
Well, first know your market. Ask around and read online and elsewhere first and foremost just how much a nice cut of Babe Ruth costs a collector. If it's 3 thousand dollars, then that's it. If it is 3500, then you are an informed seller. But figure it out, a range that decent Ruth cuts go for, so you know your target price you would be willing to accept.
more to come.......
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Let me guess...#2). ???
To belittle the abc and xyz companies(BIGGEST, MOST SUCCESSFUL AND MOST RESPECTED) in effort to gain trust and respect from the buyer. If this is one of the 10, I would remove it from your business model as talking bad about the competion is a NO NO in business ethics 101.
"Talking bad about your competition will actually make you look bad. “Bad mouthing the competition puts your business ethics into question, and in the end taints your appeal to a prospective customer. In most cases, the potential customer already has some knowledge of businesses in the industry that provide both good and bad service, and if you are in the room discussing a possible deal, concentrate on outlining what your business can deliver and refrain from focusing on what the competition can not.”
-BlackBerry CEO Thorsten Heins-