Marketing and promoting the business, creating new designs, sourcing products, and administration are the other aspects of running a business that will eat into the time available. You will need to allow for over half your time to be spent on the business side of things. You will also need to think about how you will handle the business if you decide to take a vacation, if you get ill, or managing extremely busy periods. This is why good planning is essential. It will help you avoid any nasty surprises later on.
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Many of the hobby's biggest collectors and dealers utilize our web site to stay informed on the value of a sports card before they purchase or sell it. They understand that having a tool that can give them a historic breakdown on how much a graded sports card sold for in the past, and that is updated every 15 minutes, is essential when making an educated purchase or sale. Before making your next purchase or sale, use the price guide that the pro's use to maximize on your sports card investments.
We track auction prices from all major auction houses and eBay. You can find the most current value of your baseball, basketball, football, hockey, boxing and non-sports cards by seeing what your card sold for in auction. Successful eBay auction prices are available within minutes after auction close. You can also receive email alerts on pending auctions for cards that you are looking for, FREE! Because our proprietary server-side application that accurately pulls in eBay auctions is Certified by eBay, we receive thousands of auctions, successfully closed ONLY, that post daily! Many of our members have already saved hundreds of dollars in a matter of minutes by simply searching our database to find the true value of their card based on actual auction prices realized.
On March 3, 2015, Etsy announced that it had filed for a $100 million USD IPO. As of 2015, Etsy generated transactions worth US$1.93 billion on its platform, which has 54 million members. Etsy went public on April 16, 2015. The company's valuation was $1.8 billion and raised $237 million in IPO proceeds. Less than a month later, Etsy stock dropped more than 8%. The stock closed at $30 on its first day of trading on April 16 and dropped down to $20.32 as of May 11.
The presentation of the cards—the packaging—helps make a successful handmade card business. A card that is neatly presented in a cellophane envelope looks more professional and can command a higher price than one that is unpackaged. Presenting cards in some form of packaging stops cards from becoming dirty or dog-eared and it also gives the ideal opportunity for further marketing. A label on the back with your phone number or website address could help you solicit further orders. Remember to consider shipping and packaging when factoring the costs per unit in your pricing formula.