Checkoutmycards.com

[mwheeler27]

Why not require people to mark cards they have bought for "delivery" or "re-listing" within a week from purchase? If they are not labeled for either after one week, then by default, they get moved to the "marked for delivery" spot. Once there, they cannot be taken out without a fee. This will allow for cards to be gathered when it's convenient for COMC.

Then...

Require every card that is marked for delivery to be shipped out "no later than" a set date the following month, and that date would be the same for every month. For example...once cards are marked for delivery, they can be requested for delivery anytime, but will automatically be shipped to you on the 15th of the following month if not requested earlier.

This will allow time to gather all cards that need to be shipped, and insure people don't store cards forever with your company and one day request shipment of hundreds to thousands of them all at once. Perhaps then you could put a cap on the shipping at $25 to $35 again? Everyone, (or at least the majority of everyone), will be happy again, and shipping times might be reduced.

[ohiomike]

Originally Posted by mwheeler27

Why not require people to mark cards they have bought for "delivery" or "re-listing" within a week from purchase? If they are not labeled for either after one week, then by default, they get moved to the "marked for delivery" spot. Once there, they cannot be taken out without a fee. This will allow for cards to be gathered when it's convenient for COMC.

Then...

Require every card that is marked for delivery to be shipped out "no later than" a set date the following month, and that date would be the same for every month. For example...once cards are marked for delivery, they can be requested for delivery anytime, but will automatically be shipped to you on the 15th of the following month if not requested earlier.

This will allow time to gather all cards that need to be shipped, and insure people don't store cards forever with your company and one day request shipment of hundreds to thousands of them all at once. Perhaps then you could put a cap on the shipping at $25 to $35 again? Everyone, (or at least the majority of everyone), will be happy again, and shipping times might be reduced.

That seems like an excellent idea in terms of locking buyers into a status for cards. I know almost any time I mark something to be shipped, the status never changes so that would definitely allow for orders to be put together through time when there is downtime for employees (downtime may be non-existent at the moment though) and lessen the burden when large orders are finally placed, just like you said.

I also would have no problem with a Ship-By cutoff deadline each month. Maybe the user can even pick the date they would prefer so that these dates are staggered throughout the month and they aren't overburdened with shipping at any particular time for these large orders. Or maybe having them all at the same time would benefit them by having cards pulled for multiple orders all at once. Either way, I think this would be fair to the buyer as most sellers on ebay only let you accumulate cards for a small window of time to save on shipping... as opposed to indefinitely.

For example, I've utilized the $25 cap myself multiple times since I signed up back in November. However, each of my shipments (ranging from 200-600 cards typically) have been less than a month apart from one another. So I would be completely comfortable if my cards were automatically set to ship by a certain date. I can certainly understand the concern over letting someone accumulate thousands of cards over a 6 or 12 month period before shipping... but I think if you are buying enough cards on a monthly basis to utilize the shipping cap, that they should be thanking you for all the business... not slapping you with $30 or more in overhead costs above the $10-$12 they actually pay for postage. Again, I think this comes back to the fact that they don't benefit from the majority of transactions on the site so they have no other way to pay these overhead expenses than to stick the customer with them.

[ohiomike]

mwheeler27, I think I remember you stating that you would be against any percentage based transaction fee... so I thought I'd ask you directly since you would seem to be someone that would be against my suggestion (and because you seem to be the only other person on here at the moment )

What are your thoughts on my suggestion to create, say a 5 cent or 5% transaction fee (whichever is higher) but to also lower the cashout fee by at least the same percentage if not more?

My view is this... I don't like fees anymore than the next seller... its hard enough to make money at this! So I don't see myself ever preferring to cash out for 20% instead of either spending it back on the site or letting it accumulate for the time being for future purchases (I assume you're the same way). If I was comfortable wit paying a fee to get the card listing and paying 20% at the end, I may as well just sell everything through ebay and sportlots. However, I do feel a little guilty that I'm not contributing more to COMC's bottom line as JUST the initial fee is probably too little for the service they provide. Thats why I'm in favor of the percentage based transaction fee is its a small percentage and it lowers the cash out fee. Basically anyone who was willing to pay the 20% could still do so without paying more and perhaps even paying less... but more importantly people like me (and perhaps us) would be paying more of a fair share toward the site. The submission fee + an automatic 5% sales fee would be less fees than selling though any other online site that gets good traffic and it would (hopefully) allow COMC as a business to grow and keep up with the ever growing demand from buyers and sellers on their site.

I'm sure they would worry that this "new fee" would scare people away from the site. But I think the changes they are making now are more likely to scare people away. I also wouldn't view my suggestion as being an "added" fee as much as just breaking the current 20% cashout fee into 2 separate pieces: A transaction fee and a lower cashout fee.

[mwheeler27]

I'm definitely for a "fixed" 5 cent per transaction fee. I would agree to a 5 "percent" per transaction fee if the 20% cash out fee was reduced. That's really a no-brainer. To be clear though, I'd be all for keeping the 20% cash out fee AND paying a 5 cents per transaction fee, (not to be confused with 5%).

The reason I like the 5 cents as apposed to 5% is it will help reduce the cheap cards that take up a lot of time, but yield very little sales dollar volume. If you can reduce these types of cards, then you have more time to scan, list and package up your "dollar makers". However, if people continued to sell the cheaper cards, it would be more worth it to COMC if they charged 5 additional cents when those cards sold.

I still think it's a great idea, and no one has swayed my thinking yet. Until they do, I'll be confused why COMC doesn't implement this 5 cent per transaction fee.

[ohiomike]

Originally Posted by mwheeler27

I'm definitely for a "fixed" 5 cent per transaction fee. I would agree to a 5 "percent" per transaction fee if the 20% cash out fee was reduced. That's really a no-brainer. To be clear though, I'd be all for keeping the 20% cash out fee AND paying a 5 cents per transaction fee, (not to be confused with 5%).

The reason I like the 5 cents as apposed to 5% is it will help reduce the cheap cards that take up a lot of time, but yield very little sales dollar volume. If you can reduce these types of cards, then you have more time to scan, list and package up your "dollar makers". However, if people continued to sell the cheaper cards, it would be more worth it to COMC if they charged 5 additional cents when those cards sold.

I still think it's a great idea, and no one has swayed my thinking yet. Until they do, I'll be confused why COMC doesn't implement this 5 cent per transaction fee.

I would be completely fine with a 5 cent fixed transaction fee and leaving the cash out fee at 20% too. My only concern is that, me and others like me will still not typically cash-out and pay the 20% fee, and I'm not sure that only 5 cents per transaction makes the company enough additional money to be able to not only do without a couple of the changes on the table but also grow as a company (add staff / add overtime when needed / add additional computers if needed, etc). If a 5 cent transaction fee could do all of that, then I would be more in favor of that than even my own suggestion.

Basically I want to see:
- The $25 S/H cap (or some similar amount) returned to their polices
- Having to pay processing fees with "new money" as opposed to store credit removed from the changes
- have the company grow in terms of hiring/adding hours or whatever needs to be done to get the turnaround times back down to manageable time frames that they can realistically meet and eliminate all of the backlog.

Obviously, SOMETHING needs to change in order to achieve all of those goals. I think we both can see that what makes most sense is for the company to somehow benefit from all of the transactions taking place on the site that aren't currently benefiting the company at all. So a transaction fee of some sort just seems to make the most sense. If they can do all that with a 5 cent flat transaction fee, then great! But if not, some kind of automatic percentage transaction fee is the next reasonable thing. And I think if it was a percentage transaction fee they would make so much extra that they could reduce other fees as well, like the cash out fee. Heck, with a lower cash out fee they may get even more people to cashout their money which would lead to even more money for them.

[anusinha]

The one thing I would add to the above is a return of the storage fee. 1 cent/card per month over 90 days, it would encourage people to lower prices to gain more sales, which would increase the number of transactions as well.

[anusinha]

Heh, Im now tied for 2nd in the "sellers with the biggest discount". I got the highest avg. BV of all the guys Im tied with though by a lot!

[DadofTwins]

Guys and Gals, Heads up...


I have lowered just about every card in my inventory... some 95% off, some are less than listing fee to make room for new batches by the end of the month totaling 2800 cards

Almost all offers welcome especially bulk player...


Lots of Bowman Chrome Baseball , Donruss Elite Extra Baseball, Contenders Baseball and Prime Cuts Autographs, Rookies just in time for the season to flip or restock stores

[fungi2510]

Going through and discounting as many cards as I can. Trying to get rid of all my inventory before a new batch goes up. 600 cards to go in about 6 weeks. Lets see if we can do it together!!!!

[jacobbigshow]

Same thing here, I have 2 huge shipments processing and I have another 2 boxes packaging them up to get them out before March 31st to save a bunch of money on fees.