Best Practices for Selling Authentic Collectibles:
Whether you’re a dealer or someone who simply needs to sell off some of their collection, understanding viable selling techniques is a must. Selling collectibles online is very different from listing a local ad for a used appliance. A few things should be considered when preparing to sell collectible items. To assist you with the process, we’ll discuss some of the most important ones here.
Don’t Lose Certificates of Authenticity
A valid certificate of authenticity is one of the most important things to keep on hand when you are preparing to sell a valuable collectible. Buyers want to know that the product has been authenticated by one of the world’s top companies. No matter how real it looks, buyers will not feel confident purchasing an item that is not certified. You can obtain these certifications from companies such as the Professional Sports Authenticator for sports memorabilia or JSA (James Spence Authentication) for things such as autographs.
Label Like Crazy
There’s nothing worse than making a huge sale and not being able to locate the item amidst the vast assortment you own. It’s vital that you begin to consistently and meticulously label everything. According to the Kanban style of organization, using a visual organization system can help streamline your sales process and prevent things from getting lost, especially if you have a large inventory. Buyers will be happy that they are receiving their item rapidly, and you will be happy as well after receiving their payment.
Best Practices for Selling Authentic Collectibles.
Choose the Right Outlet for Sales
Obviously, the goal of the whole exercise is to make as much profit as possible, but sellers often opt for selling on websites that charge exorbitant fees. Others sites simply don’t have a very secure process in case a conflict arises between you and the buyer. So, what should you do? Many sellers of authentic collectibles go where their top consumers are, and that is on social media. There are numerous groups devoted to specific types of items from comic books to antique furniture. In venues like these, the lack of selling fees could save you money, but they may be a little riskier than established markets like eBay that have a support structure in place. If you go the independent route, you’ll have to perform your own due diligence on buyers prior to shipping.
Selling authentic collectibles can be a very lucrative business. However, there are certain concepts that sellers should bear in mind if they want to be successful in the long run. Organize your inventory, be able to authenticate your merchandise, and know your market.
For those collectibles you wouldn’t dream of selling, click here for tips and tricks on how to best store your most prized, vintage possessions.