PWCC Videos and Future Auction

[Yoda]

I wonder how their new platform, independent of Ebay, will affect revenue streams or more specifically whether they will charge a buyer's premium to winning bidders. I believe their income should now come from the following sources:-
1. Consignment fees.
2. Advertising revenue.
3. What's left of the Vault.
And the possibility of:-
4. Selling the company.
5. Going public
Is this enough, or do they need to wack winning bidders 20% like the other auction houses?

[mrreality68]

Originally Posted by Yoda

I wonder how their new platform, independent of Ebay, will affect revenue streams or more specifically whether they will charge a buyer's premium to winning bidders. I believe their income should now come from the following sources:-
1. Consignment fees.
2. Advertising revenue.
3. What's left of the Vault.
And the possibility of:-
4. Selling the company.
5. Going public
Is this enough, or do they need to wack winning bidders 20% like the other auction houses?

I would tend to agree.
We will have to wait and see.
They have a dedicated group that used them on eBay but will they all go to the new PWCC platform and how successful will they be with the loss of the casual bidders that were not regulars and will not look for them

[Lorewalker]

Originally Posted by mrreality68

I would tend to agree.
We will have to wait and see.
They have a dedicated group that used them on eBay but will they all go to the new PWCC platform and how successful will they be with the loss of the casual bidders that were not regulars and will not look for them

If they offer cards that collectors want they will be successful. Few seem to care of the reputation of the dealer they are buying from and many still actually defend this guy. Does not seem like it is too hard to be successful when you are dealing with collectors.

[MattyC]

Agreed: because we collectors can't abstain, we just serve as fuel for the forces of price manipulation. And that extends well beyond PWCC— to PSA, Heritage, and other entities.

[Republicaninmass]

Originally Posted by Lorewalker

If they offer cards that collectors want they will be successful. Few seem to care of the reputation of the dealer they are buying from and many still actually defend this guy. Does not seem like it is too hard to be successful when you are dealing with collectors.

Who was the resident boob, I believe he was here and on blowout, UFFDAH? Got. Turned on a trimmed pwcc and bought more!


If there is a prospect of money to be made, dont underestimate the idiocy of the common man, regardless if wealth or social class

[mrreality68]

Originally Posted by Lorewalker

If they offer cards that collectors want they will be successful. Few seem to care of the reputation of the dealer they are buying from and many still actually defend this guy. Does not seem like it is too hard to be successful when you are dealing with collectors.

I agree with the cards collectors are looking for they will find PWCC

However, I just do not know if they will do the some volume of cards and the same sales potential now that they are off the eBay platform.

[Snowman]

Originally Posted by mrreality68

I agree with the cards collectors are looking for they will find PWCC

However, I just do not know if they will do the some volume of cards and the same sales potential now that they are off the eBay platform.

Of course it will be significantly less volume at first. The more interesting questions to me are how fast can they grow and how big can they get?