Pokemon Business & Investing Mistakes...

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  • Опубликовано: 14 дек 2024

Комментарии • 107

  • @NostalgiaNomics
    @NostalgiaNomics  21 час назад +5

    How To Grade Video -
    ruclips.net/video/7euWVXw-2Jc/видео.html
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  • @TheRealBoomslice
    @TheRealBoomslice 21 час назад +56

    Instructions unclear... got distro access and bought a warehouse of build n battle boxes...

    • @omegainvestments2345
      @omegainvestments2345 20 часов назад

      When the prices of everything else rise so much & you got those at cost it feels so good. Thank you surging sparks pre orders

    • @holo_cache
      @holo_cache 14 часов назад

      Do you have an Evo Skies one?

    • @TheRealBoomslice
      @TheRealBoomslice 14 часов назад +1

      @@holo_cache I wish. Paldean Fates only 🤣

    • @holo_cache
      @holo_cache 14 часов назад

      @@TheRealBoomslice for sure. I'm on a quest for an EVo but I do need 1-2 Paldean as well. What's your price?

    • @TheRealBoomslice
      @TheRealBoomslice 14 часов назад +2

      @@holo_cache Oh bro it was a joke lmao

  • @willzaify
    @willzaify 17 часов назад +10

    You definitely know we are in a boom when these videos start coming up. Crazy how everyone wants everything when there is no easy supply sitting there.
    Been flipping cards and boxes since 2019. Glad i always stayed in the hobby 😊

  • @santavgc5950
    @santavgc5950 21 час назад +11

    20 seconds in and I can tell I'm gonna love this one. Love that you're addressing super common questions to simply help grow the community. It's beautiful

  • @ytk9etey436
    @ytk9etey436 20 часов назад +22

    Alex wouldn’t say homies website even while he knows dude is struggling 😂😂😂😂😂😂😂😂😂😂😂

    • @Evo_Me
      @Evo_Me 16 часов назад +1

      haha my man said no free shout outs 😂

    • @BRIANCARRUTHERS
      @BRIANCARRUTHERS 16 часов назад +1

      Businesses have to pay a lot of money for shout outs. Why would Alex do that for him/her for free when anyone else needs to pay?

    • @Dadscousinauntyunk
      @Dadscousinauntyunk 15 часов назад

      Do you know how much it cost to advertise your business. Not cheap

    • @agentcrypto7741
      @agentcrypto7741 14 часов назад +1

      L man’s

  • @matthup3348
    @matthup3348 17 часов назад +5

    Started selling on ebay 6 months ago, our collection was wayyy to big and trading to our local card shop at 50% SUCKED so we started selling on ebay, now it pretty routine buying collections and adding to our master sets and selling extras, 20k in sales this year since july, you can do whatever your comfortable with at first, just focus on growing the store and not taking profits too early and soon it will stand on its own legs/ also have consignment in a local smaller town doing 1k in sales a month, started mystery products and bulk bundles kids LOVE them and i get rid of bulk (50 cards-3 reverses-2 holos-2 v-ex cards and a plastic case for 4$ good gauranteed value for kids and great profit margin for me, looking to do more consignement now just think about how u want to run a buisness you might not want a physical store and you dont NEED a physical store to be successful

    • @TracyHillsArts
      @TracyHillsArts 10 часов назад

      How do I go about finding a company that can make me the mystery box or packs? Any advice? Like the ones Danny or pokerev has ?

    • @matthup3348
      @matthup3348 10 часов назад

      @TracyHillsArts for bigger packs like that im not sure, i started out printing a sheet off of microsoft word, and seran wraping it onto an ETB full of stuff and packs, for local consignment works great and kids love them and the value they have and helps me get rid of stuff from breaking down product

  • @KinkadeFishing
    @KinkadeFishing 21 час назад +6

    Reason #2 why we are blessed to have Nomics! this man goes above and beyond to help us!!!!

  • @TheBaldingPlebs
    @TheBaldingPlebs 20 часов назад +7

    if youre looking for cards to grade, go to a local card shop and ask to see their singles. do your research and pregrade them yourself at the counter. Check centering and quality, whitening etc. If it isn't AWESOME looking, don't bother

  • @gempulls
    @gempulls 18 часов назад +3

    Spot on. Been selling on eBay for 2 years & I’m approaching 6k lifetime sales on eBay in 2 short years. The margins are anything around 5-13% profits after fees on eBay , the volume is what matters. No volume, harder to scale. Repeatedly Buying out peoples collections at 75-80% is the key. 👍 Great Video!

  • @ericdip91
    @ericdip91 15 часов назад +2

    I really appreciate you answering the question in the beginning. This hobby lends itself to veteran snobs and gatekeepers (especially on reddit). I really appreciate you taking the time! This is exactly how you get new viewers and newcomers to the hobby (like myself) come to your channel. Subscribed.

    • @NostalgiaNomics
      @NostalgiaNomics  15 часов назад

      Appreciate you subscribing and ya I hear you. We were all new once.

  • @XalronsGacha
    @XalronsGacha 18 часов назад +5

    This hobby is a waiting game. You buy and sit on it. Unless you have a huge social media presence or 200k in capital for moving in volume, there’s no margin.
    The only move for small guys is to get good at grading

    • @willzaify
      @willzaify 17 часов назад +1

      100%

    • @Dadscousinauntyunk
      @Dadscousinauntyunk 15 часов назад

      Get good 😂😂😂 brings me back to the gaming days. Man I feel old now. 😂😂

  • @NaushyTCG
    @NaushyTCG 12 часов назад +1

    Sometimes when everyone talks about all the little grind stuff "that you would do at other place" or its "boring" but I think something to remember is that its yours, not that "other" place's. I am starting my online pokemon business this upcoming year and Im excited for all the Shipping and boring stuff because it will be mine. I will keep my job till I can tripple my salary.

  • @deucheney
    @deucheney 18 часов назад +3

    Good stuff, as always. Would you consider talking about the shipping process some time? Where to get boxes/mailers/packing materials? What printers to use? Shipper preference? Is PayPal a good way to purchase labels? Keep up the good work Alex. Your knowledge and insight are a godsend!

  • @lsb_gamer7579
    @lsb_gamer7579 17 часов назад +2

    I think probably one of the most important things that people don’t think about is you need to sell things NOW, if you want to sell anything in the future. If you’re buying a bunch of sealed product now, planning on selling 5+ years in the future, but you have ZERO sales between now and then, you won’t sell anything in the future. You need the positive seller feedback and history so that buyers feel comfortable purchasing something potentially worth a couple hundred dollars from you.

    • @dustinshales9458
      @dustinshales9458 16 часов назад

      So, I agree with this 100. I immediately started selling my collection.. first my duplicates. Then I bought a few things (obsidian flames build and battle stadium lol no joke)… it was like 22$ a box. But, I added a bunch of filler cards from my collection.. like 5-10 cards to be able to sell boxes at $50. Started to realize pretty quick I’d have to sell my whole collection to be able to buy enough to hold any super long term. I started sourcing slabs and singles. Won more than lost. Figured I had to build the capital and singles although volatile.. is a much quicker way when you don’t have distro. With eBay fees and all that. So, won more than lost.. got pretty lucky. Grown from hundred to thousands in inventory. But, now I’m in this limbo of… I invested in xy the mostly (I’m not heavy in any way), still a small fry. I just am at the point where I feel I can make profit with what I have, at the same time I feel I’d be stupid to sell right now. As well as, what sealed I have invested into is just that.. for the long hold. Surging goes to $300 plus I have some to let go. But, I have enough to start transitioning into more sealed and selling that way.. but, I’m just curious (sorry for the long winded precursor to my question)… should I let go of the monster plays and sell at comfortable margins and keep rolling.. or should I slow down for the next few years and let it all mature..? If I allow it to mature.. I feel like it’s just patience at that point. Like I don’t need it all now… or go hard and potentially create that in a shorter amount of time? It’s hard not to see it all and see what everyone’s doing.. and not feel like hey maybe I could make it work out. I’m 1 full year back in. I find it hard to let stuff go because I do buy the things I love. Cards that I want to chase. But, man I’m not going to lie… in no way do I assume any of it will be easy. Or that I won’t hate packing hundreds of orders.. (I don’t enjoy packing 1 lol) or that it not a guarantee.. I have no desire to be on RUclips or ripping packs on whatnot. Dealing with customers isn’t bad because I feel that I’m an honest dude. But, getting screwed would be hard. All that being said I still would love to give it a go..

    • @exodia_2299
      @exodia_2299 15 часов назад

      Pokerev does video when he buy from sketchy people to see if it real or not for his videos

    • @lsb_gamer7579
      @lsb_gamer7579 15 часов назад +1

      @ well PokeRev has the ability to take the risk. 99% of people don’t have that ability.

    • @exodia_2299
      @exodia_2299 15 часов назад

      @@lsb_gamer7579 yea what am trying to say is that it not 100 percent your old Pokémon won’t sell. Maybe won’t sell quick as someone that been in business for along time.

  • @johnchan9392
    @johnchan9392 17 часов назад +1

    Props to him, as he is doing the walk and not just the talk as most of us, including myself are doing. Thanks Alex on making this video, as I am researching my next level into the hobby migrating possibly into a part-time business. He asked great questions and you answered them simply as possible for us non-business could understand. 👍

  • @pokemonjohn3233
    @pokemonjohn3233 17 часов назад +2

    Hey Alex. It is actually nice to see you take time to help out others and give solid advice. Great video.

  • @kirascreations8992
    @kirascreations8992 20 часов назад +4

    you should do a video, a day in the life of nostalgia nomics

  • @SetsSinglesAndSIRs
    @SetsSinglesAndSIRs 21 час назад +4

    Thanks for educating newer people to the hobby! with the new hype round the tcg world, a lot of people who shouldnt be selling in the hobby are getting into it, 2020 all over again, this will definitely be interesting in the next 2-3 years, these kinds of people will create interesting opportunities on the downturn. Thank you for your videos!

  • @Clivetrotter
    @Clivetrotter 20 часов назад +3

    You’re a good guy Alex, Unfortunately, this guy is more than likely doomed. Why would you ever start your own business knowing almost nothing about it. Good luck to this guy, I hope it works out for him.

  • @scottrulka6587
    @scottrulka6587 15 часов назад +1

    My buddy opened a website to sell Japanese booster boxes. Took him 2 years of sending 3 wire transfers to 3 different sellers 1 was good 2 was very bad. Took a few to get money back from the scams. Then he did it again sent 3 got 1 same thing. After doing this for 3 years he finally has what he wanted in first place. That is the reason people don't give their distribution location to Any one ! Like i said it took 3 years of CRAP so why would you tell another competitor location it took 3 years to get? Some just want it now but sad truth is you have to do the work first then you can get the rewards. He also never opens packs cuz they are all for sale.

  • @AlaskaTCG
    @AlaskaTCG 21 час назад +1

    Awesome video my brotha! I have a Jiu-Jitsu Academy in Anchorage Alaska and looking to open a local and selective gaming store just outside Anchorage.
    I sold my collection as I was retiring from the Army, not really knowing their worth. Got 4500$ and the guy opened a store with them, lol.
    Lifelong mtg player first and still play every Sunday with my son.
    I really do thank you for the video!

    • @NostalgiaNomics
      @NostalgiaNomics  21 час назад +1

      That's awesome man! Love it. Glad to hear you and your son still play together. Thats cool. Appreciate the support.

  • @risensparrow
    @risensparrow 18 часов назад +1

    Another great video as always! Thank you for spreading positivity and knowledge in the community!

  • @josephdavid3401
    @josephdavid3401 19 часов назад +1

    Im starting my IG store. Hopefully i can get up and running by Jan 2025. Mostly s&s and s&v era that i bought at msrp during covid. Collectr value around $18K (cad) hopefully thats enough products for a headstart 🤞 So this vid is really helpful on getting your own store the do's and donts definitely on point 🤘 😊

  • @mattadams9359
    @mattadams9359 11 часов назад

    Love hearing scalpers talk about profit margins.

  • @player1966
    @player1966 20 часов назад +1

    I just started the video, and I already know where is going to go so let me go grab my popcorn 🍿🤣

  • @RickB.rolling
    @RickB.rolling 21 час назад +1

    STRAIGHT FACTS! My guy Alex is only trying to help this guy. Positive vibes going out.

  • @no_alternative9071
    @no_alternative9071 15 часов назад +1

    Dude got the cart way ahead of the horse

  • @myplatinumlife
    @myplatinumlife 21 час назад +1

    Gotta love the hustle on the weekend!

  • @INHUMANENATION
    @INHUMANENATION 21 час назад +3

    You want to be successful like Alex and have distros come to you?
    Idk Alex at all but I can say this, the man puts in work. You couldn't pay me to crack packs for 3+ hours and keep my energy up. You could, but I couldn't do it. I ain't got that energy.
    The man has been grinding for years and because of his hard work it's resulted in even more work and this mfkr didn't even blink but leaned into it 👍💪
    I really thought the booster box December was a bad idea but not because of the lack of views it might bring. I don't want our boy burning out when he should be making hay for himself while the sun is shining.
    I am not saying this to discourage people but to commend Alex.

  • @bbqwittom
    @bbqwittom 21 час назад +3

    In Alex we trust 💪💪💪

  • @BMPculver
    @BMPculver 17 часов назад +1

    Awesome as always

  • @silaswendt1867
    @silaswendt1867 16 часов назад

    You’re legend. You’re the only one that should be allowed to talk about Pokemon economics 🤘🏼

  • @Robert.Mmmmmm
    @Robert.Mmmmmm 21 час назад +2

    FOLKS! Welcome Back!

  • @bobbyho5377
    @bobbyho5377 2 часа назад

    Great advice as always ❤

  • @jonesy
    @jonesy 14 часов назад

    I love the Ultimate Masters in the background

  • @seaking9899
    @seaking9899 21 час назад +1

    Those are really good tips😊

  • @DerickSitlava
    @DerickSitlava 17 часов назад +1

    So question I recently (1 month ago) subscribed to alpha investments and have bn watching his content and by any chance when you were starting this RUclips investment channel were you using him as like a muse or something to inspire ur videos? Seeing a lot of similarities like not only folks but the way you say folks very very similar on top of talking in front of ur inventory even little things like starting off camera and leading in with the folks now reading personalized emails from watchers this all stuff that Rudy has bn doing for 10 years it seems. I don’t really care and not trying to bash ur channel love the content I was just wondering if his videos inspired you or helped you with some of ur content makes sense since his channel is really successful.

  • @JC_Collects
    @JC_Collects 15 часов назад

    We have a question, what would you recommend for your first order starting out? A few ETB? Boosters boxes?

    • @NostalgiaNomics
      @NostalgiaNomics  14 часов назад

      Depends in what you are starting out doing and your goals

  • @ThiccShaxx
    @ThiccShaxx 19 часов назад +1

    Also don’t gamble on mystery slabs from Arena Club, you’ll lose every time!

  • @Friend4lifeyolo
    @Friend4lifeyolo 11 часов назад

    Alex- I truly appreciate your vids- 😊straight talk. I’m here to watch and observe. So interesting to see all the interest now.. ❤

  • @camerontayfour8897
    @camerontayfour8897 21 час назад

    Welcome back Alex !

  • @CYBERDEMONv6.6.69
    @CYBERDEMONv6.6.69 21 час назад

    If I have a lot of cards to grade, do you recommend sending them in separate batches? I've never graded before, so I have a ton I could grade, but I've always been afraid to get a "bad grader" and get demolished (this is mostly for fun, some to sell, not a business). I'll watch your grading video to see if you mentioned this there..

    • @NostalgiaNomics
      @NostalgiaNomics  20 часов назад +1

      That is usually what i do for just that reason. I usually cap my orders between 50 to under 100 cards at a time.

    • @CYBERDEMONv6.6.69
      @CYBERDEMONv6.6.69 20 часов назад

      @@NostalgiaNomics Appreciate you, watched your grading vid too, helps a lot

  • @mols183
    @mols183 20 часов назад

    Nice update, thanks 🥃

  • @alifakhri7771
    @alifakhri7771 19 часов назад

    Love your videos, but could you plzz fix the red book/binder up in the left corner?

    • @NostalgiaNomics
      @NostalgiaNomics  19 часов назад +1

      @@alifakhri7771 🤣

    • @ertai222
      @ertai222 11 часов назад +1

      Oh yeah I see it. It's on an angle. Good eye😅

  • @216youknow
    @216youknow 21 час назад +1

    We are so back !

  • @hotcheetocrumbs8707
    @hotcheetocrumbs8707 21 час назад

    Welcome back

  • @luciangray3791
    @luciangray3791 7 часов назад

    Everyone wants to own a LGS. I want to own a Distributor

  • @Iamwillz
    @Iamwillz 11 часов назад

    Dunno whats worse, a brokie asking for handouts or a timmy not seeing what things are worth. Infinite amount of facepalms are still not enough

  • @yamiletcruz3178
    @yamiletcruz3178 13 часов назад

    You can make a lot of money also predicting the market it’s risky but most of the time if you have a good eye for the market you can make so much money, surging sparks as an example case for 700 now are 1.3

  • @cwright1407
    @cwright1407 19 часов назад

    Swear people with no experience in retail think that having access to distributors is like getting a golden ticket to wonkas chocolate factory 😂

  • @lerak8452
    @lerak8452 21 час назад

    Personally I think anyone who gets product should have a store. They host games, is part of a community, and employ people.

    • @TheRealBoomslice
      @TheRealBoomslice 21 час назад

      This kills all online stores and the hobby if you do this. I get your point but that's not realistic at all...

    • @AlaskaTCG
      @AlaskaTCG 21 час назад

      Have to build up and start somewhere!!

    • @lerak8452
      @lerak8452 21 час назад

      @TheRealBoomslice no it kills stores. Who has rent and over head. It's just another way for someone to get Pokémon at a discount for themselves while selling product. It's ridiculous if you think about it. It has zero value to the community.

    • @TheRealBoomslice
      @TheRealBoomslice 21 час назад

      @@lerak8452 Do you think everyone in the community plays the tcg and goes to physical stores? I don't. Online stores are a necessity in the space brother. Whether you like it or not.

    • @lerak8452
      @lerak8452 20 часов назад

      @TheRealBoomslice I highly doubt you've never been into a physical store. Stores have survived way before online websites. Didn't need them then. Don't need them now.

  • @nicholaswilliams429
    @nicholaswilliams429 19 часов назад

    Sounds like Timmy needs a distributor

  • @andrewholmes790
    @andrewholmes790 21 час назад

    Alex the 🐐❤

  • @Pick6Nick
    @Pick6Nick 20 часов назад

    How do I become a distributor? 🤔

  • @Evo_Me
    @Evo_Me 16 часов назад +1

    My man is lacking a lot of information to start a business

  • @jsmooth4116
    @jsmooth4116 15 часов назад

    Someone has to be trolling Alex lol

  • @AdamBomb403
    @AdamBomb403 17 часов назад

    Oh wow, a full year, you’re cooking with petrol now bro. The follower is only 12 months behind you.

  • @HarryBallsich
    @HarryBallsich 15 часов назад

    Instructions unclear. Took out a loan to start a Pokemon business.

  • @謬
    @謬 Час назад

    I really appreciate ur honesty and professionalism. 🕴🏻

  • @chrisstewart9722
    @chrisstewart9722 18 часов назад

    Feels like i've watched this exact same video before?? If you know you know

  • @KingLugia2022
    @KingLugia2022 15 часов назад

    Why didn’t you me mention his site?
    He gave you some material to make a whole video least you could do. 😅

  • @andrebastos3362
    @andrebastos3362 6 часов назад

    damn, I always have to be careful about volume due to your "Folks"

  • @TannerNeese
    @TannerNeese 21 час назад +1

    Alex, was that a real email? Bit of a straw man video

    • @NostalgiaNomics
      @NostalgiaNomics  21 час назад +1

      All Too Real. Just a dose of the many that get sent to me on the daily...

  • @idesofmarch2011
    @idesofmarch2011 21 час назад

    1st. What’s up Alex.

  • @omegainvestments2345
    @omegainvestments2345 20 часов назад

    You'll cowards don't even hoard Pokemon. Lunchboxes so many lunch boxes so many tins so much plastic. People paying premium for boosters. The middle distributors D&A blowout cards steel City will sell the bulky items at close to their cost cause the space is so valuable to them. ETBs tins lunch boxes. Your space & sanity will suffer greatly. Pokemon got to catch them all

  • @NorthernPokeStore
    @NorthernPokeStore 20 часов назад

    FOLKS!!

  • @penlo
    @penlo 21 час назад

    dangggg early again.

  • @Teacherguy06
    @Teacherguy06 18 часов назад

    No offense, but maybe this guy should start out selling online on ebay, facebook marketplace before putting himself in debt with lots of overhead and not enough knowledge of what he's getting into... just saying.

  • @armydude142dontunderestima9
    @armydude142dontunderestima9 21 час назад

    first