How Much it Costs to Run a 7-Figure Pokemon Card Business - You Won't Believe it 🤯

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  • Опубликовано: 18 ноя 2024

Комментарии • 164

  • @pokene_pokemon
    @pokene_pokemon  Год назад +6

    ➡ Shop Pokemon & One Piece: www.pokene.com
    ➡ Become a Channel Member for Exclusive Discounts on PokeNE and More
    ruclips.net/channel/UCmsaaIoiGBvvt22HELiqlfAjoin
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    • @StormxTCG
      @StormxTCG Год назад

      I was trying to calculate how u got 1.66 per month ... i was like wait....how does 12x20..+.99 / 24= 1.66 lol broke my brain, anyway thank you for all the knowledge, I recently decided to go through with doing this same thing you are doing as ive been wanting to do this for years. Your videos are super helpful!

  • @n82swift
    @n82swift Год назад +18

    You’re an absolute legend for sharing all this extremely helpful info for free! Seriously! Just goes to show the kind of integrity you have. I will definitely be making purchases to support you and your business. Thank you for the quality content at no extra cost! You guys are awesome!🎉🎉🎉

    • @pokene_pokemon
      @pokene_pokemon  Год назад +2

      Happy to help! And thanks so much for your business 🔥

  • @_D3adB0y_
    @_D3adB0y_ Год назад +11

    Starting my own online shop! Just doin Ebay singles at the moment and managed to preorder a couple EN 151 boxes that I am reselling. And last night I finished designing my first boosterpacks to sell. Thanks for all the great content! It's definitely inspiring 🔥

    • @pokene_pokemon
      @pokene_pokemon  Год назад +2

      That is awesome! You’ll kill it 🔥

    • @viceminerrr4802
      @viceminerrr4802 Год назад +1

      any tips i’m a everything reseller at the minute but want to get into comics and pokémon start of next year, ie we’re to learn about pokémon etc as i was never a collector but just love pokemon i have a few graded and have just bought a massive lot off ebay, how do you make your bundles etc sorry for all the questions

  • @CantHurtMe361
    @CantHurtMe361 Год назад +13

    Thanks for the video! Could you maybe consider making a video about the different shipping incidents / stories you have had so far? I know I would find that very interesting. What scares me the most about holding on to booster boxes is if I manage to get a buyer and ship the boxes, then they get opened in customs, get stolen etc. I work in customer service and I've had my fair share of scares from there as well!

  • @lmlMETALlml
    @lmlMETALlml Год назад +2

    Always one-of-a-kind helpful, informative, and entertaining videos. Thanks again PokeNE!

    • @pokene_pokemon
      @pokene_pokemon  Год назад +1

      Hey appreciate the love ! Thx for watching 🙏🏻

  • @olevia4942
    @olevia4942 Год назад +1

    You're solid man! Thank you for doing your thing and helping others learn the biz!

  • @ricardoblikman2676
    @ricardoblikman2676 Год назад +8

    Here is a warning about claiming low import fees! if you send out something that is worth 5k and you claim it to be 2k if it gets lost or damage by the shipper you can not claim more than the amount you put on the value bill. In addition it remains fraud and if you ever get an inspection or use a legal accountant and you claim you bought some stuff for 2k and sold it for 10k you hang. As a business it is up to you to prove you buy stuff very cheap and sell it with a massive profit. If you truly buy 10 parcels at 2k each you must prove it with an invoice of 20k If you bought those 10 parcels for 26k because 2 of them where 5k your bookkeeping and payment statements will prove your own fraud!

    • @Pokebino_tcg
      @Pokebino_tcg Год назад +2

      I'm not all knowing. When it comes to business tactics or anything in the category most people won't teach people and beat them at the same time. It's not how they made it up the ladder. But I'm curious about this just in case I do get into things further I'd like to be legit and aware as possible of what I'm doing

    • @ryanchatwin8535
      @ryanchatwin8535 Год назад

      I think it falls under plausible deniability. It’s the sellers that declare the valuation, not the buyer. PokeNe hasn’t done anything wrong, the sellers did. He just paid them the agreed upon amount and paid whatever import fees came in. If he never asks about it then there’s no issue.

    • @ricardoblikman2676
      @ricardoblikman2676 Год назад

      @@ryanchatwin8535nope, if you insure something for 2k that you will net get more than 2k. If you paid too little tax on low import fees you committed fraud. You should correct it yourself you are always responsible for tax and it is obvious when you pay too little so you are respansible.

    • @ThisisMindoMint
      @ThisisMindoMint Год назад

      WHO cares about fraud. everyone I know will defraud Uncle Sam where they can left and right. Why wouldn’t you. 😊

  • @dominicvg051
    @dominicvg051 Год назад +1

    Great info, no one else is sharing this kind of information but its very eye opening and interesting to see the backend of a successful business. Thank you!

    • @pokene_pokemon
      @pokene_pokemon  Год назад

      Glad you enjoyed it! Thx for the support 🙏🏻

  • @dancox4495
    @dancox4495 Год назад

    really the best stuff ive seen for learning to run a home business. thanks and keep it coming

  • @UnwantedCommentary
    @UnwantedCommentary Год назад +1

    Thanks for sharing your knowledge and experience!

  • @Andrew-lg2wq
    @Andrew-lg2wq Год назад

    just came across this channel, love the video. You have yourself a new subscriber!

  • @JoeyDoesTech
    @JoeyDoesTech Год назад +1

    Extremely interesting insight to the business! Thankyou for sharing in such detail 😁

  • @618Collectibles
    @618Collectibles Год назад

    This is so awesome of you to do this!

    • @pokene_pokemon
      @pokene_pokemon  Год назад

      It’s fun for me lol - thanks for watching !

  • @AK47___
    @AK47___ Год назад

    thank you so much for all the videos. I'm trying this out and all this info is very helpful. hoping one day this could grow and be sustainable, i'm sure it doesn't feel like "work"

    • @pokene_pokemon
      @pokene_pokemon  Год назад +1

      You can do it! And yea it’s more fun than “work” for sure

  • @senseijay135
    @senseijay135 Год назад

    AmaZing content!!! Thank you thank you for taking the time. I learned a lot and appreciate the insight

  • @benjaminkappler2255
    @benjaminkappler2255 Год назад

    This was an awesome and informative video! I'm one of those shmucks that has yet to transition to a full scale business but this was super helpful. Thank you!

    • @pokene_pokemon
      @pokene_pokemon  Год назад +1

      😂😭 just playin, but thx for the view and nice comment - I appreciate you 🙏🏻

    • @benjaminkappler2255
      @benjaminkappler2255 Год назад

      @@pokene_pokemon All good man haha likewise

  • @justinackerman8935
    @justinackerman8935 Год назад

    I love your content - keep it coming. So interesting to see how the sausage is made. Love buyin from ya.

  • @trailblazer8787
    @trailblazer8787 Год назад

    this is really helpful hearing the online figures thanks!

  • @mikeh270
    @mikeh270 Год назад +1

    Thanks so much for the great video, you’re absolutely amazing! I’m from the Netherlands and might start a business here😮! I’m wondering, do you primarily sell to NE and neighbouring states or all over the USA, shipping fees might be high across the country? Don’t you mind all the extra competition you might be creating with your videos?
    And lastly, since you’re already so transparent with your numbers; what are the average margins on products, I’ve done some calculations and came up with ~5%ish? Thanks in advance!!

  • @famicommike9014
    @famicommike9014 Год назад

    That's a lot of things always forget when they try to do any business and I know I did too. The operation costs and supplies for any business will wreck businesses if you don't budget that wisely. Even when I buy stuff online I reuse as much shipping supplies that is salvageable.

  • @dominicfreeman8028
    @dominicfreeman8028 Год назад

    thank you for the video. im going to start my own shop very soon. you've got my orders for paradox rift.

  • @GITMCCC
    @GITMCCC Год назад

    Amazing content I learned so much thank you

  • @daveadave12
    @daveadave12 Год назад

    Thanks for another great video! Keep them coming! Love it!❤

  • @MatthewHill-KentPTCG
    @MatthewHill-KentPTCG Год назад

    it’s so funny when u described my basement with the two 40$ shelves from walmart and how i cut labels out of my printer u had me dead but i’m hoping to grow to that level one day!

  • @Philippines1780
    @Philippines1780 Год назад

    amazing video man

  • @PMTCards
    @PMTCards Год назад +1

    Nice stuff, the extras really do add up lol.
    Can I ask how are you paying yourself? I think that would be a cool next “big” video idea. With low margin items, and all those added costs on top of the costs of the products, plus the necessity to reinvest the earnings into future product, when and where are you then paying yourself profits? And when did that actually start, because how can you reinvest all your profit into your company, while still having bills to pay.

  • @michaelhardisonofficial6945
    @michaelhardisonofficial6945 Месяц назад

    You are a legend for this

  • @ReckLesS446
    @ReckLesS446 Год назад +1

    Where do you get your pictures for the product on your website? I feel like it would take forever for someone who sells singles to edit all those images

  • @CafeKarak
    @CafeKarak Год назад

    This is super informative, thanks for the transparency. Is it not possible to use credit cards instead of wire transfers for international purchases?

  • @iron_recluse
    @iron_recluse Год назад +1

    Great video, very useful

  • @robertbenavente955
    @robertbenavente955 Год назад

    Amazing content! Garyvee of Pokémon!!

  • @Andro307
    @Andro307 Год назад

    Super excited. I bought a vstar 151 and black flame box to test out the product, I wanted to see legit box's so when I try to order from Japan I know what it looks like

  • @drunklee111
    @drunklee111 Год назад

    Definitely a ton of great info to take in

  • @frankie352
    @frankie352 6 месяцев назад

    So what happens when you want to go on vacation for like 2 weeks on a cruise or something like that? How do things keep running? Or do you shut down or have someone else run it while away? Legit curious. Now I gotta watch the business Playlist lol. Thanks for the transparency.

  • @whythreeh
    @whythreeh Год назад

    Im in Asia and it is really my dream to have my own Pokemon TCG shop one day.

  • @pokemonwonderLLC
    @pokemonwonderLLC Год назад

    Hey Brian, great video as usual. Keep up the great work and let’s stay in touch.

  • @sacharoux84
    @sacharoux84 Год назад

    Do you have a link for your shelves on casters you are using to store your collection ? Thanks a lot !

  • @lawsofhumannature2049
    @lawsofhumannature2049 Год назад

    Do you recommend using WISE in the beginning of the relationship with suppliers?

    • @pokene_pokemon
      @pokene_pokemon  Год назад +1

      After a few transactions with PayPal goods and services first

  • @ShippedByJP
    @ShippedByJP Год назад

    Amazing info! Also, for future reference it’s 1 gigabit or 1,000 megabits, but not 1,000 gigabits :)

  • @_Nejiru
    @_Nejiru Год назад

    Love the series I learned a lot I started selling on facebook marketplace it’s all profit from there for me. I was wondering what are the profit margins from selling online from all the shipping and packaging fees? You don’t really have a in-depth video on that.

    • @pokene_pokemon
      @pokene_pokemon  Год назад

      Answering this in my upcoming q&a video, thanks! 🙏🏻

  • @TDDCollects
    @TDDCollects Год назад

    Thanks for all the info! :D

  • @MatthewHill-KentPTCG
    @MatthewHill-KentPTCG Год назад

    one of my biggest questions is how to get suppliers that are trustworthy and are willing to work with someone new getting into it like me? thanks :) great video

  • @gthehippie4172
    @gthehippie4172 Год назад

    Great video as always

  • @CUTS_cards
    @CUTS_cards Год назад

    Love the content, Brian! Random question… what shelves do you have to store your inventory?? I need a couple shelves and those look great!

    • @pokene_pokemon
      @pokene_pokemon  Год назад

      It’s been a while but If you type in “heavy duty 5 tier shelf” they’re all pretty much the same- should be $250-$300 and if they have less than 4 stars, don’t buy

  • @Overhaulin27
    @Overhaulin27 Год назад +1

    Question: why do you still work with Wix and did not change to a self made onlineshop when you get biger? As always great content!

  • @johnchan9392
    @johnchan9392 Год назад

    Thanks Brian for providing an overview of your numbers. 👍 In terms of your collectible insurance, how do you backup/proof on your overall inventory? Do you take photos of your stock inventory; for sales and investments or do you go by your invoices? Also, since the entire business is out of the lowest part of your house, is there flood and humidity contingencies in place? YT algorithm ~~~} ❤

  • @JDee171192
    @JDee171192 Год назад

    Great video! Can u maybe make a follow up video om how much ur average monthly revenue is, and then the profit u make at the end of the month?

    • @pokene_pokemon
      @pokene_pokemon  Год назад +1

      Thanks for the idea! Yes I’ll plan that

    • @JDee171192
      @JDee171192 Год назад

      @@pokene_pokemon Awesome!! Thank u. Btw i an really jealous on how low the amount of inport fees are in the US. Here in The Netherlands it is about 21%. But in exchange for that i dont really need to pay sales tax i think is what its called in the US. Since i already payed that to customs.

  • @JS-pb4ow
    @JS-pb4ow Год назад

    Do you still collect cards just for your enjoyment? Can you share your collection ?

  • @ryoheiken
    @ryoheiken Год назад

    What company do you use to supply cards

  • @PoKeyWIZ
    @PoKeyWIZ Год назад

    Packs just came in today from you🎉🎉

  • @zandbandw
    @zandbandw Год назад

    Awesome info!

  • @mycraft
    @mycraft Год назад

    Do you know about GIMP for photo editing?

  • @HL49.
    @HL49. Год назад

    how did u find ur supliers and how high are ur profit margins?

  • @BoosterBoysCards
    @BoosterBoysCards Год назад

    A ton of great info here

  • @CommonPolarBear
    @CommonPolarBear Месяц назад

    I sure hope he meant 1,000 MEGAbits a second. 1,000 Gbps would be insane.

  • @Ranger_Al
    @Ranger_Al Год назад

    Love this

  • @sirisaacsmith9513
    @sirisaacsmith9513 Год назад

    well done man

  • @OnlyPackz
    @OnlyPackz Год назад

    When do you think OP new Era Cases will back on stock on the site?

  • @lawsofhumannature2049
    @lawsofhumannature2049 Год назад

    I need to move to the midwest ASAP

  • @TheNerdArmory
    @TheNerdArmory 7 месяцев назад

    $20/m FOR A DOMAIN? That should only be costing you $20 a year my friend.
    Unless you meant a "website" in which case, that's different and 20 per month is pretty standard for a basic web setup.

    • @pokene_pokemon
      @pokene_pokemon  7 месяцев назад

      lol I haven’t watched this video in a long time but I deffs meant $20/year. Thanks man 😂

  • @russell4781
    @russell4781 Год назад

    Thank you for sharing.. very interesting

  • @notabot5733
    @notabot5733 Год назад

    Do you have any protection for basement pipe floods?

  • @JarretZimmerman-j5e
    @JarretZimmerman-j5e Год назад

    Why don't you use Bitcoin compared to wire transfer.

  • @PokeFi_CO
    @PokeFi_CO Год назад

    Quick question. If you make your purchases with a business credit card that has no international fees, do you need that middle man? As always, love the content. Incredibly helpful!

    • @pokene_pokemon
      @pokene_pokemon  Год назад +1

      Wise is for bank wire transfers only - most suppliers won’t take cards

    • @PokeFi_CO
      @PokeFi_CO Год назад

      @@pokene_pokemon great to know. Appreciate the reply. Keep crushing it!

  • @niklas8578
    @niklas8578 Год назад

    I m not a lawyer yet but i m a law student in europe. I m pretty sure if a parcel reaches you with an underdeclared value and you dont notify tax authoritys you are technically commiting a tax crime. Idk how the US handles this but you should talk to your accountant and or lawyer. If it s legal i m moving to the US lol. I just collect cards i never sell them but i pay about 300€ (20%(+5%)) in Importtaxes alone each month.

    • @russell4781
      @russell4781 Год назад

      Not sure of the question here but he pays the taxes when purchasing products from distributors or online.. like ebay auto takes out the tax fee for us in USA.. then can write off as business expenses I think.. I'm not a tax expert lol

    • @niklas8578
      @niklas8578 Год назад

      @@russell4781 If you import goods from a country outside the US you also have to pay importtaxes if the amount is above 2k. I guess it might be different depending on the state you live in etc.
      Here in europe you have to pay ~20%(18-25% depending where you are from) taxes on everything +5% (duty tax/zoll) on top of the value + taxes so its more than 5% and there are no write offs. It just counts as expense.
      If you underdeclare a parcel you obv save a lot of money but ofc its highly illegal and fines are obv rly high.

    • @ericstockman662
      @ericstockman662 Год назад

      Report him to the IRS. You can actually collect a reward.

    • @niklas8578
      @niklas8578 Год назад

      @@ericstockman662 why would i want to do that? I just wanted to learn and or warn him. I m just too lazy to study everything so i thought someone in the comments may be smarter and explain american customs to me.

  • @NplusO88
    @NplusO88 Год назад

    Can you make a video on how you acquire the initial capital to start this business? Via bank, own savings account?

  • @TheDarkness357
    @TheDarkness357 3 месяца назад

    Rip for that v star universe Booster box

  • @timlee6617
    @timlee6617 5 месяцев назад

    How do you deal with people doing chargebacks?

    • @pokene_pokemon
      @pokene_pokemon  5 месяцев назад +1

      You take it in the ass, yell about it to your wife, complain about on social media and punch a few pillows. All you can do typically - it’s nearly impossible to win

  • @CardLogia
    @CardLogia Год назад

    About the import fees and devalueing whats being exported. Most Japanese Suppliers have all ceased doing that, as it is against the law and will be severely punished if caught by the Japanese Autorithies. My suppliers have all stopped devalueing their shipments.

  • @Pkmnjohn23
    @Pkmnjohn23 Год назад

    THANK YOU!

  • @rng-gamez
    @rng-gamez Год назад +2

    PokeNE to the moon!

    • @pokene_pokemon
      @pokene_pokemon  Год назад

      🚀🚀🚀 also not sure if you watched till the end but I shouted out you and Mason for creating equally real content. Hopefully my overwhelming levels of influence and power gained you a subscriber

    • @rng-gamez
      @rng-gamez Год назад +1

      @@pokene_pokemonI did I appreciate that man!

  • @Nigh_Blithe
    @Nigh_Blithe Год назад

    Some schmuck flipping boxes from cases
    Recycle shipping supplies.

  • @goodgreav
    @goodgreav Год назад

    I know you're obviously doing it, and successfully so but I honestly doubt the professional email thing. Keep going strong though! Love to see the process as it's gonna be a tremendous help for me and anyone trying to do the same thing!

    • @pokene_pokemon
      @pokene_pokemon  Год назад

      Thanks for the view!! But Sorry can you clarify what you’re doubting?

  • @fishfilta
    @fishfilta Год назад

    What car is she toploading?

    • @pokene_pokemon
      @pokene_pokemon  Год назад

      It’s the new Yokohama pikachu promo 120/sv-p

  • @191Pogo
    @191Pogo Год назад

    Do you have extra insurance against a flood if a pipe were to burst in your basement? It would ruin your entire stock

  • @KillaDot909
    @KillaDot909 Год назад

    Don't change. I like it bland, no sugar coating baby

  • @countrynerd7294
    @countrynerd7294 Год назад

    Wow. 😮

  • @briandev8
    @briandev8 Год назад

    Informative, but really hate your condescending tone "some schmuck flipping packs from Walmart". Unless you were born into money you had to start somewhere.

    • @ericstockman662
      @ericstockman662 Год назад

      Yah he’s quite pretentious.

    • @pokene_pokemon
      @pokene_pokemon  Год назад

      Just a character lol- it’s my brand as a business youtuber - opposite of the “motivational BS” you get from the other channels that don’t really care if you make it or not

    • @pokene_pokemon
      @pokene_pokemon  Год назад

      Just a character lol- it’s my brand as a business youtuber - opposite of the “motivational BS” you get from the other channels that don’t really care if you make it or not

  • @TheOgarci16
    @TheOgarci16 Год назад

    Hello 👋

  • @yvonnetrannguyen
    @yvonnetrannguyen Год назад

    Yo! This is amazing. Been watching you videos for the past couple of weeks now and you are by far the most honest channel I've ever come across. Honestly refreshing. I had a question for you. As far as RipnShip goes, what is your opinion on doing Rip Till You Hit, is it profitable? What about having free shipping on tiktok streams. How does that work? I know nothing is truly free. 😃

    • @pokene_pokemon
      @pokene_pokemon  Год назад

      Worth it if you mark things up high enough. If you’re new you’ll have trouble marking packs up that much tho

  • @raintv4343
    @raintv4343 Год назад

    hey man I'd block our your FedEx tracking number. Any FedEx employee can view your address

  • @justanothercollector43
    @justanothercollector43 Год назад

    How much did your daddy’s money start up this business and homeowner title lol bro these channels are goofy bunch of daddy money garage entrepreneurs

    • @pokene_pokemon
      @pokene_pokemon  Год назад

      Your mentality in life is pitiful. Watch our early videos when we started from scratch. You might need a “daddy” to have a chance at success but not everyone else does. Step one would be stepping away from RUclips and actually putting your mind to something productive. Uninspired Swine.

  • @mynoteappps
    @mynoteappps Год назад

    Selling trash Japanese cards lmao.

  • @brauliomoscoso6368
    @brauliomoscoso6368 Год назад

    Hi dude, i have been follow u recently, Im from Peru, here i have my own little business about cards collection and more. I have been selling Super Dragon Ball Heroes from Japan since 2020, but now also i want to sell pokemon cards in japanese, and english. I want to know if u can be my direct contact seller from United States. Please i really aprecciate if u give me an answer. Thanks and have a nice day dude.

    • @pokene_pokemon
      @pokene_pokemon  Год назад

      Good luck on the biz!! We only ship to the US but I’m cheering for you homie