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  #1  
Old 03-16-2016, 02:52 PM
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Peter_Spaeth Peter_Spaeth is offline
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Quote:
Originally Posted by vintagetoppsguy View Post
707 Sports Cards is one of the worst. He puts a date stamp watermark on all his images. Here is one from 2008...

http://www.ebay.com/itm/1910-T206-ML...l3nyvclslHWafQ

If he would just price his cards reasonably, he would make less profit margin, but his overall profit would be much greater because he would turn over his inventory quicker. How do some people stay in business? I really don't get it. I wonder how much he's paid in re-list fees over the 8 years this card has been on eBay?
With due respect, I have heard Levi and Jimmy are doing just fine in this world, and probably don't need advice. I am SURE they understand the relationship between price and sales, for example.

Last edited by Peter_Spaeth; 03-16-2016 at 02:52 PM.
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  #2  
Old 03-16-2016, 02:54 PM
Rich Klein Rich Klein is offline
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Levi and Jimmy are doing just fine. They have no financial need to rush through their inventory

Rich
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  #3  
Old 03-16-2016, 02:58 PM
Zach Wheat Zach Wheat is offline
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Originally Posted by Rich Klein View Post
Levi and Jimmy are doing just fine. They have no financial need to rush through their inventory

Rich
....and they often have hard to find cards. No issues with Levi other than having to haggle over prices.

Z
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  #4  
Old 03-16-2016, 03:03 PM
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Joshchisox08 Joshchisox08 is offline
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Yeah the PSA 2 commons for T206s. Listed $50 and above. Sometimes over $100. I often wonder what in the world the seller is thinking on some of those prices.

Regardless if 707 and Dean's are doing well for themselves, I can't imagine they make much off of eBay. Their strategy must be to taunt buyers until they have to pay their price.
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Last edited by Joshchisox08; 03-16-2016 at 03:03 PM.
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  #5  
Old 03-16-2016, 04:10 PM
Beastmode Beastmode is offline
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Quote:
Originally Posted by Rich Klein View Post
Levi and Jimmy are doing just fine. They have no financial need to rush through their inventory

Rich
Clearly
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  #6  
Old 03-16-2016, 03:13 PM
vintagetoppsguy vintagetoppsguy is offline
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Quote:
Originally Posted by Peter_Spaeth View Post
With due respect, I have heard Levi and Jimmy are doing just fine in this world, and probably don't need advice. I am SURE they understand the relationship between price and sales, for example.
Do you seriously think it's good marketing to have anything in your inventory for 8 years? 8 years!!! This was one example of many. Look through their inventory, many cards they've had for several years

In any other business, these guys are idiots. Ever see a house (average house because we'we talking average cards) set on the market 8 years? Ever see a car sit at a dealership for 8 years? Where, please tell me where else in the world, people hold onto inventory for 8 years (I'm not talking something obscure, I'm talking something that can be found readily available).
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  #7  
Old 03-16-2016, 03:15 PM
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Quote:
Originally Posted by vintagetoppsguy View Post
Do you seriously think it's good marketing to have anything in your inventory for 8 years? 8 years!!! This was one example of many. Look through their inventory, many cards they've had for several years

In any other business, these guys are idiots. Ever see a house (average house because we'we talking average cards) set on the market 8 years? Ever see a car sit at a dealership for 8 years? Where, please tell me where else in the world, people hold onto inventory for 8 years (I'm not talking something obscure, I'm talking something that can be found readily available).
It doesn't matter. I am telling you, they have done fabulously well in cards. They know exactly what they are doing. If they needed or wanted to generate more cash flow, they would.

Last edited by Peter_Spaeth; 03-16-2016 at 03:16 PM.
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  #8  
Old 03-16-2016, 03:18 PM
1952boyntoncollector 1952boyntoncollector is offline
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Quote:
Originally Posted by vintagetoppsguy View Post
Do you seriously think it's good marketing to have anything in your inventory for 8 years? 8 years!!! This was one example of many. Look through their inventory, many cards they've had for several years

In any other business, these guys are idiots. Ever see a house (average house because we'we talking average cards) set on the market 8 years? Ever see a car sit at a dealership for 8 years? Where, please tell me where else in the world, people hold onto inventory for 8 years (I'm not talking something obscure, I'm talking something that can be found readily available).
really not much of a cost holding a card for years......storage is real easy too...not like cars...but i dig your house comparison...
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  #9  
Old 03-16-2016, 03:19 PM
vintagetoppsguy vintagetoppsguy is offline
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Originally Posted by 1952boyntoncollector View Post
really not much of a cost holding a card for years......storage is real easy too...not like cars...but i dig your house comparison...
Cost or relisting it over 8 years?

Last edited by vintagetoppsguy; 03-16-2016 at 03:22 PM.
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  #10  
Old 03-16-2016, 04:10 PM
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Quote:
Originally Posted by vintagetoppsguy View Post
Cost or relisting it over 8 years?
Ebay offers plenty of free listings. I think that is part of the problem, no cost to keep listing over priced items for many sellers.
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  #11  
Old 03-16-2016, 04:17 PM
vintagetoppsguy vintagetoppsguy is offline
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Ebay offers plenty of free listings.
That's good for them because they relist about 97% of their listings.

I clicked on their completed listings and looked at the last 100. Only 3 sold. THREE!!!

Yeah, they're 'doing just fine' with their 3% success rate. Great business model for other eBay sellers.
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  #12  
Old 03-16-2016, 04:21 PM
Republicaninmass Republicaninmass is offline
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Case in point

Years ago Everyone laughed at Levi's show case full of 52 mantles and their prices.

...Now they wish they bought them!
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  #13  
Old 03-16-2016, 04:23 PM
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I'm trying to sell a house and I had to buy a lake so that I could list it as a waterfront property. You can't get one of those at Home Depot and they are not cheap.
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  #14  
Old 03-16-2016, 04:27 PM
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Joshchisox08 Joshchisox08 is offline
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Quote:
Originally Posted by vintagetoppsguy View Post
That's good for them because they relist about 97% of their listings.

I clicked on their completed listings and looked at the last 100. Only 3 sold. THREE!!!

Yeah, they're 'doing just fine' with their 3% success rate. Great business model for other eBay sellers.
Dave I agree with you for the simple fact that I'm sick and tired of looking at their cards day after day. Way overpriced common cards that just sit and sit and sit. It drains you after you have to sift through their crap all the time.
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429/524 Off of the monster 81%
49/76 HOF's 64%
18/20 Overlooked by Cooperstown 90%
22/39 Unique Backs 56%
80/86 Minors 93%
25/48 Southern Leaguers 52%
6/10 Billy Sullivan back run 60%

237PSA / 94 SGC / 98 RAW

Excel spreadsheets only $5
T3, T201, T202, T204, T205, T206, T207, 1914 CJ, 1915 CJ, Topps 1952-1979, and more!!!!

Checklists sold (20)

T205 8/208 3.8%
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  #15  
Old 03-16-2016, 04:27 PM
ALR-bishop ALR-bishop is offline
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I have done a lot of business with Levi and Jim. I have always found them reasonable in direct dealings. I would not buy from them off eBay.

I have seen dozens upon dozen of threads and posts over many years about their ridiculous pricing and business model. I have even seen it said that 707 is code for LOL. I wonder if they read and get a kick out of all of it

I do think Levi needs a new hat

Last edited by ALR-bishop; 03-16-2016 at 04:32 PM.
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  #16  
Old 03-17-2016, 03:36 AM
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Quote:
Originally Posted by vintagetoppsguy View Post
That's good for them because they relist about 97% of their listings.

I clicked on their completed listings and looked at the last 100. Only 3 sold. THREE!!!

Yeah, they're 'doing just fine' with their 3% success rate. Great business model for other eBay sellers.
Have tried many times to deal with 707.... At this point I just ignore their auctions....
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  #17  
Old 03-16-2016, 03:42 PM
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Quote:
Originally Posted by Peter_Spaeth View Post
With due respect, I have heard Levi and Jimmy are doing just fine in this world, and probably don't need advice. I am SURE they understand the relationship between price and sales, for example.
If I remember correctly I clicked on Levi's 52 topps registry set and saw a PSA 10 52 Mantle. I have to agree with Peter here if those guys nended to sell quickly they could. They seem like they're doing fine to me.
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