View Single Post
  #10  
Old 11-03-2024, 08:17 AM
carlsonjok carlsonjok is offline
Jeff Carlson
Member
 
Join Date: Apr 2011
Location: Norman, OK
Posts: 629
Default

Quote:
Originally Posted by Exhibitman View Post
You are also missing the context. Costs of sale on eBay are dramatically different than cost of sales at card shows.

Table fees at the Anaheim show last summer were $600 for an eight-foot table. The host convention hotel room rate for three nights is a total of $597, plus $90 to park, $45 for internet access, and 20% tourist taxes. My $597 stay becomes an $880 stay (rounded). Add to that at least another $50 a day to eat, and my travel cost amounts to $1,030. That's $1,630 just to be there and set up. Say I did a really good job of buying and I make 50% for each card I sell. The first $3,260 in gross sales is my break-even point. But wait, I also have to pay sales taxes, pushing my break-even point to about $3500. That’s the risk I take when I set up. Every sale goes towards covering that nut.
I understand what you are saying, and I'm not suggesting you sell at a loss, but this seems to me to be a corollary to much-derided seller argument that "I have this much into the card." The main difference is that the latter is COGS while the former is SGA.
Reply With Quote