The Challenges in Listing and Selling Cards Online (Traps and Tricks)
Selling cards and collectibles online can be fun and profitable. However, there are challenges that those who are new to the industry can experience, due to both buyers and sellers looking to get the most value out of the transaction. Navigating this space can be difficult for new card sellers, that’s why we’ve outlined tips and tricks that can help you avoid common traps when listing and selling your cards online.
Tips For Listing And Selling Your Cards Online
Set The Right Price
One of the biggest things new sellers struggle to do is set the right price for their items. Overpricing an item can lead to the item not being sold, while underpricing an item can leave you taken advantage of. Don’t only research online what similar cards are being sold for. You also have to consider what the potential market demand is as well as the overall condition of your card. Be honest in your listing for any potential flaws the card may have, and consider what the card would be graded at – all that determines what the card’s true value is. Once you have researched the general card value for its grade, don’t forget to consider seller fees. Turnagain Collectibles offers extremely low total fees for selling, consigning, and listing cards, but some of the other guys may take all your potential profit as the retail and wholesale markets merge.
Navigating Card Condition
The general condition and specific grade of the card is crucial to determining the card’s value. Card grading and condition depends on numerous factors, but it is the easiest thing new sellers misjudge (often overvaluing their card grade). Misrepresenting or misjudging a card’s condition is a common pitfall, leading to disappointed buyers, negative reviews, and potentially lost sales. Be sure to familiarize yourself with grading standards and the difference between a “Mint” card and a “Near Mint” card. If you have higher value cards consider grading your cards with professionally grading companies (such as PSA or Beckett). We can assist with this process if you forward your card photos to consider if there is value in this process in addition to mentioning any potential card issues. High-quality photos of the card that showcase any issue will not leave buyers confused.
Dealing With Buyers
Unfortunately, not all buyers are trustworthy. Document everything through listing photos to verify your card, and for value cards consider tracking and insurance on shipping as an additional safeguard on your item. Buyers who lack scruples may claim that the card you sold arrived damaged, or try to return a card that is different from the one they purchased from you. Turnagain Collectibles has policies in place to protect sellers, but some other online platforms’ policies favor the buyers to a fault. Before you sign up as a seller on a site, ensure you review the seller policies to ensure your interest is prioritized.
Turnagain Collectibles wants to help you sell your cards online by providing you with a variety of options that make selling or consigning your cards stress-free and as easy as possible.
Determine What Option Works Best For You
Turnagain Collectibles wants to help you not only list your cards, but maximize your potential profit. We offer four different options to list your cards
- Register as a Seller – You handle everything from listing to shipping, this option offers lower fees but can lead to issues for inexperienced sellers
- Consign Your Cards To Turnagain Collectibles to Handle Everything – For those new to selling cards, we can handle the listing, pricing, and selling that only leaves you with your profit
- Pre-Clear With Photos – We can help you decide which cards to consign after reviewing your collection
- Get a Professional Assessment – Not sure what to do? Ship your cards to Turnagain Collectibles and we can guide you through what would the best process for you
Selling cards and collectibles online can be financially rewarding and fun hobby when approached correctly. Before you decide to list your cards, consider what potential issues you may face and be sure to address them as early as possible. Pricing and grading your items is difficult without proper research, while untrustworthy buyers may take advantage of you. With the right knowledge, you’ll avoid common traps and make the process smoother for yourself and your buyers alike.