Our Black Friday Thank You

Thanksgiving is a couple weeks away, and we have so much for which to be thankful.  It’s been a trying year, and we are especially grateful for you!  Let’s celebrate our favorite way, by collecting some cards!

2014 Black Friday Blog

Reasons To Be Excited This Black Friday Weekend

  • Biggest Selection - We are quickly nearing 10 million items for sale, making this our best selection ever!
  • Great Deals - Sellers will be running promotions starting today, so expect unbeatable prices.
  • Win a Shopping Spree * -  We are giving away $10K in shopping sprees to use over Black Friday weekend!
  • Free Shipping ** - Thurs Nov 27 – Mon Dec 1, when you ship 10 or more items that you’ve purchased.
  • Shipping Bonus Credit – For every 100 items shipped in November, receive $5 Store Credit on Cyber Monday!
  • Extended Customer Service – We’ll be taking calls and responding to emails on Sat, Nov 29 from 10 a.m.- 4 p.m.

Win a Shopping Spree

Over the next couple weeks, we will be giving away $10K in Shopping Sprees to use Black Friday, Nov 28 – Cyber Monday, Dec 1.  On Black Friday alone, we will be giving out a couple hundred Shopping Sprees ranging from $20-$200. Everyone who has bought or sold cards with us since last Thanksgiving will be eligible to win one of these Shopping Sprees.  To find out if you won, log into your account on Black Friday.  We will be doing a number of other contests and giveaways as well, so stay tuned.

** Free Shipping

Don’t lose out on snapping up your favorite cards.  Buy them now with store credit, and have them shipped any time Thanksgiving through Cyber Monday. Free shipping only applies to items purchased in Simplified Shipping Mode.  Anything purchased in Advanced Reseller Mode is only eligible for a $3 savings.  Expect longer than usual shipping times given the high volume.  We will try to have everything shipping within seven days of your order.  The sooner a shipment is requested, the sooner it will be shipped. For every 100 items shipped in November, receive $5 Store Credit on Cyber Monday!

Come join us in setting a record-breaking Black Friday Weekend!

Black Friday 2014 Sellers Promotions!

In case you missed it, we’re now offering free Promotions for our COMC sellers!

Check out the Promotions Manager link on your dashboard, and you’ll see several options available! You can run “Preview” sales for the weeks before Black Friday, as well as Black Friday weekend. Or just do a special 1-day Cyber Monday sale!

So...Many...Options!

So…Many…Options!

So, head on over the the Promotions Manager page and get your Black Friday sales set up!

Black Friday Processing Special – Expanded!

Happy Halloween!  This is not a trick, but it is a treat.

We are expanding the Black Friday Processing Special to include 2013 products, and we are extending the domestic post mark date to November 12th.

IMG_3860IMG_3857

Get your cards on COMC in time for Black Friday!

Remember:

  • No premium items – these will still get our Premium service.
  • No trade show stamps.
  • No National Treasure printing plates.

The fee for the special is 50 cents/item. Unlike our Basic or Premium services, this fee will be charged up front, so you must have sufficient funds in your account to cover the processing fees or you can include payment in package.

  • FYI: There’s a $10 minimum batch processing fee, so you’ll want to send in 20 (or more) cards.

All domestic packages for the Black Friday Special must be postmarked by November 12st. This refers to the USPS postmark on the outside of the package and not any dates generated by our submission wizard.

This part is very important, so please note:

Make sure to write on the OUTSIDE of box by the address label that your box includes a BLACK FRIDAY SPECIAL transaction – doing so will ensure that it receives priority treatment.

We guarantee your cards will be live on the site by the Wednesday before Black Friday.  And, the sooner we receive your cards, the sooner they’ll be up on the site, so send them in as soon as possible.  Anything received with a postmark after November 12th will receive our Basic Service.

And, as always, stayed tuned for the latest news and developments at our FacebookTwitter, Google+, and Instagram pages.

2014 Black Friday Processing Special

Hello COMC Nation! We hope you had a great “civic holiday” long weekend! While you were doing whatever you do during the 2nd weekend of October, we at COMC HQ used our time wisely to put together a little something for our sellers, something you’ve been asking for recently.

No, not the COMC Swimsuit Calendar…that project has been put on hold, until we renew our gym memberships. 

I’m referring to a Black Friday Processing Special for 2014!

Halloween candy and a Processing Special? Best! Month! Ever!

Halloween candy and a Processing Special? Best! Month! Ever!

This is an opportunity to get the newest and latest products on COMC, just in time for Black Friday. With that in mind, for this special, we’ll only be accepting cards from any 2013-14 (or newer) product. And, there are a few exceptions:

  • No premium items – these will still get our Premium service.
  • No trade show stamps.
  • No National Treasure printing plates.

The fee for the special is 50 cents/item. Unlike our Basic or Premium services, this fee will be charged up front, so you must have sufficient funds in your account to cover the processing fees or you can include payment in package.

  • FYI: There’s a $10 minimum batch processing fee, so you’ll want to send in 20 (or more) cards.

All cards/packages for the Black Friday Special must be postmarked by November 1st. This refers to the USPS postmark on the outside of the package and not any dates generated by our submission wizard.

This part is very important, so please note:

Make sure to write on the OUTSIDE of box by the address label that your box includes a BLACK FRIDAY SPECIAL transaction – doing so will ensure that it receives priority treatment.

We guarantee your cards will be live on the site by the Wednesday before Black Friday.  And, the sooner we receive your cards, the sooner they’ll be up on the site, so send them in as soon as possible. Anything received with a postmark after November 1st will receive our Basic Service.

And, as always, stayed tuned for the latest news and developments at our FacebookTwitter, Google+, and Instagram pages.

Get Ready for Black Friday! We Are Hiring.

Our favorite time of year is right around the corner, Black Friday Weekend!  There’s no better time to grab those hard-to-find items and sell some cards!  We at COMC are getting prepared for our biggest shopping weekend of the year and want to give you the heads up to do the same.

2014 Topps Before They Were Great #BG-26 - Joe DiMaggio - Courtesy of COMC.comDeadline

Sellers, mail your items by this Tuesday, September 23rd for the best chance of having them live on COMC.com in time for Black Friday Weekend!  Everything we receive by Friday, September 26th should make it up in time.

We’re Hiring!

We are gearing up for Black Friday by hiring 10 new people to our Processing Department.  Not only will this serve the holiday, but this will accelerate everything here at COMC:

  • Your cards will get on the site sooner!
  • Your purchases will ship more quickly!
  • The COMC Catalog will build more rapidly!

Please recommend all good candidates email hr@comc.com.

See Job Description:

Processing Team Member

This full-time position will help us to accurately sort, identify, scan, and organize our incoming inventory.   Our ideal candidate will be focused, observant, self-directed, and passionate about all types of collectibles.  Processing Team Members deal directly with incoming customer consignment items and coordinate efforts using a sophisticated computer system.

Responsibilities:

  • Ability to stay on task for extended periods
  • High visual attention to detail
  • Excellent interpersonal skills
  • Maintain two-way communication within the identification team
  • Review work at all stages to ensure accuracy
  • Identify and help to investigate issues
  • Maintain accurate records of all activities
  • Help with projects for other teams as needed

Qualifications:

  • High school diploma or GED
  • Familiarity with sports and/or gaming cards a strong plus
  • Solid computer skills
  • Excellent interpersonal skills

Salary & Benefits:
Starting salary ranges from $10.00-12.00/hour depending upon experience. After 90 days on the job, employees will be eligible for medical benefits, dental benefits, nearly 4 weeks of PTO/year, and other employee benefits.

 

Historical Suggested Prices

About a month ago we rolled out our first version of Suggested Prices. Based on the feedback of many COMC customers, we have revamped our model and just released v2 of our BETA Suggested Prices. This time we have included some charts to help you analyze our suggestions.
SalesData

For those of you not familiar with our Suggested Prices, you can learn more here.

As I mentioned in my original announcement video, we have the cleanest set of historical sales data ever complied. This gives us a unique opportunity to provide relevant price suggestions without having to factor in so many variables.

Our Suggested Prices are still in BETA testing. We want your feedback. Here are some important details about the COMC Suggested Prices.

Data Sources
We only use COMC historical sales data. We do not factor in sales from any other websites, and we do not use any other guides or services. All of the COMC Suggested Prices are based on a mathematical model that I designed and implemented. We have made no attempt to replicate or mimic any other guides or services. We fully expect that you will find our Price Suggestions to be very different from other guides or services. My goal was to boil down a bunch of numbers into a few easily digestible suggestions. Here are the goals I tried to achieve and what numbers went into generating each suggestion.

  • Suggested Retail Price (SRP): The SRP is intended to be a fair asking price for a retail store. This is currently just a standard markup on our Suggested List Price. We figure it is fair to expect to pay a little premium in order to see the item in-person before buying.
  • Suggested List Price (SLP): The goal of the SLP is to be a reasonable List Price that a seller might use to put an item up for sale on COMC. The SLP is based on the total price that buyers actually paid to take possession of their items. That means we only factor in items that were sold and shipped when generating the SLP. While this is based on confirmed sales, it is not an average. An average or median would leave no room for buyers to make offers without constantly driving the price down. Instead we have factored in a little bit of room for people to negotiate prices.
  • Suggested Wholesale Price (SWP): The SWP is intended to represent the price that sellers can reasonably target if they are trying to sell their item quickly. Often buyers in this price range are purchasing with the intent to resell. That is why we refer to this as the “wholesale” price. This factors in all sales on the site, but we treat port sales and other large offers with a grain of salt.

Chart Elements
Bar charts have been added to the top right corner of each card details page. Bar charts, with additional lines representing suggested prices, have been added to the popup you see when you click on card prices. The bar chart represents the number of items sold in a given quarter (3 month period) for that particular card. The rightmost bar represents the sales for the current quarter, which will just be a portion of a quarter. The sales from all the different conditions and grades are lumped together in the bar chart. The lines represent the SRP, SLP, and SWP. The points are measured on the last day of the given quarter. The rightmost point on the line represents the current Suggested Price. The chart shows the last 15 full quarters and the current quarter.

Partial Sales Data
Because the rightmost bar represents only a portion of a quarter, it will often appear lower than other bars. This does not typically mean that sales have been decreasing for an item. It more often means, that we are simply in the middle of a quarter and we are still adding to the total sales for that quarter.

Charts with No Lines
Some listings do not have enough historical data for us to generate a Suggested Price. You might even find some listings that used to have Suggested Prices, but they no longer have suggestions. This is because we consider older historical sales as less relevant. If the total relevance that was factored into a suggestion is too low we discard the suggestion. Years ago, this data was more relevant and our model may have been able to make older suggestions.

Extrapolation
The current model only looks at historical sales of the exact same item in the same condition or grade. Later this fall we will begin factoring in similar products and conditions. This will help enable us to make price suggestions for items such as printing plates. While we may have never sold a particular printing plate, we may have sold a different color of that plate or other printing plates of that player or other printing plates from that set. These data points can help us make recommendations for items that we haven’t sold yet.

Vintage Suggested Prices
We know that vintage card prices are very condition sensitive. Please take all pre-1980 COMC Price Suggestions with a grain of salt. Because we have not factored in detailed condition ratings, we may choose to completely turn off these suggestions if we find that they are too misleading.

Frequency of Updates
We re-run our analysis every night. If a player has a great game, the sales from today will be factored into tomorrow’s model.

Historical Suggestions
You might wonder how it is possible for us to offer Suggested Prices that go back 4 years when we only started offering these suggestions a month ago, and I have to say, that is very perceptive of you. You see, I have been watching a lot of YouTube videos about Astrophysics, and I recently stayed at a Holiday Inn Express. As a result I was able to find two colliding black holes and hitched a ride going faster than the speed of light in order to run the model at different points in time over the past several years.

Actually, I just designed the mathematical model so that I can plug in any point it time and it will generated the suggestions based on the historical data before that point.

Changes from V1
We got feedback that the Suggested Retail Price from our first version of Suggested Prices was too inflated. This feedback has been incorporated into the new mathematical model we use for the new version of COMC Suggested Prices. If you notice an SRP is lower than what you remembered, that doesn’t necessarily mean that the value is decreasing. The entire model was adjusted. It is best to refer to our charts to understand the direction the market might be heading.

Feedback Wanted
Please go play with the site, find interesting data, and discuss it in the comments below and on other forums. We will be monitoring the discussion to find ways to improve our suggestions.

Offices closed for Labor Day!

Hi COMC Nation! We don’t know about you, but for us, it’s been such an awesome summer! Sadly, all good things eventually come to an end…and, like so many others, we plan to mark the end of summer with a fun (and safe) Labor Day weekend!

corgi puppies

We couldn’t find anything that really represented “Labor Day” in picture form, so enjoy these Corgi puppies instead. PUPPIES!

With this in mind, our offices will be closed on Monday, September 1st. This includes our customer service 1-800 phone number, but Moe will be around to respond to your emails and be available via our social media outlets – apparently, he doesn’t like 3-day weekends…or puppies. Whatever.

Have a great weekend, everyone!