Comments on: Insider: Building a Rapport https://www.quietspeculation.com/2015/05/insider-building-a-rapport/ Play More, Win More, Pay Less Tue, 18 Jan 2022 02:25:16 +0000 hourly 1 By: erik @ Phyrexian Games https://www.quietspeculation.com/2015/05/insider-building-a-rapport/#comment-929690 Sun, 21 Jun 2015 11:05:54 +0000 http://www.quietspeculation.com/?p=60073#comment-929690 In reply to Jared Elick.

good article, and indeed very accurate. I can relate entirely, especially offering 80% just to get the cards.

I did that with goblin rabblemaster as well,
had to do it with Deathmist Raptor and Dragonlord Ojutai.

Sometimes the hot cards dont even make it to my case, players just snipe them. It looks like I havnt had some cards in months when really every time I get them its just instantly sold.

My mistake is that I do not order as many copies of the hot cards as I should when a set first releases, and I regret it every set. I wait for the prices to drop from over-hype, but in the process miss out providing players with the cards they want immediately. That would kind of relate to your zero-profit reference. Sometimes just providing your customers with what they want short term at no profit will benefit you more in the long run, because if you have what they want, they will come back.
You will not always make zero-profit from their future transactions.

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By: Jared Elick https://www.quietspeculation.com/2015/05/insider-building-a-rapport/#comment-821888 Mon, 01 Jun 2015 05:53:04 +0000 http://www.quietspeculation.com/?p=60073#comment-821888 In reply to pi.

Oh, absolutely. I wish I had realized many of these things before I was a store – I could have done much better for myself. Maybe I’d have those elusive Foil Tarmogoyfs…

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By: Jared Elick https://www.quietspeculation.com/2015/05/insider-building-a-rapport/#comment-821886 Mon, 01 Jun 2015 05:52:13 +0000 http://www.quietspeculation.com/?p=60073#comment-821886 In reply to Mike Bajorek.

I enjoy reading about Business and marketing strategies for fun, so I have a decent understanding of what will make a customer come back. It is always harder to gain a new customer than to keep a current one. Understanding that, and being flexible, will build you a great customer base.

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By: Jared Elick https://www.quietspeculation.com/2015/05/insider-building-a-rapport/#comment-821875 Mon, 01 Jun 2015 05:50:35 +0000 http://www.quietspeculation.com/?p=60073#comment-821875 In reply to Christopher Dube.

Instead of asking if people want to trade, I ask what they need/are looking for. Usually anyone who is interested in trade needs something. Then, you migrate into a discussion of what they are building, and strategy in general.

With a shark, I usually get blunt with them. I tell them I also trade, buy, and sell for profit, and we can either make a mutually beneficial deal, or we may not be able to do business. If they are just wanting value, it may be hard to do anything.

I tend to be honest all of the time. I tell people what I do, why I want cards. Sometimes, I make one trade where I’m picking up a card personally, a card to speculate on, and something my store needs. Often, if the person if friendly and talkative, they are fully aware of all three.

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By: Jared Elick https://www.quietspeculation.com/2015/05/insider-building-a-rapport/#comment-821861 Mon, 01 Jun 2015 05:45:44 +0000 http://www.quietspeculation.com/?p=60073#comment-821861 In reply to David Schumann.

I think I poorly worded that. That was a low profit deal, I often do offer even trades in order to gain a new customer, or get cards I have a guaranteed sale lined up for.

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By: Christopher Dube https://www.quietspeculation.com/2015/05/insider-building-a-rapport/#comment-819891 Sun, 31 May 2015 16:49:45 +0000 http://www.quietspeculation.com/?p=60073#comment-819891 Thanks for the great article. Really appreciate it. I have a few questions in regards to going about individual trading at a large event (GP). What sorts of openers/ice breaker questions do you like to ask when meeting people? How do you go about agreeing on a value system (using SCG buylist vs TCG Mid, etc)? When a shark is obviously trying to rip you and won’t budge, what is the most polite way to leave? I ask this specifically because I can get quite visibly upset when I know the numbers and some dude is lowballing me card after card and refuses to acknowledge that what he’s offering is well below most stores. Lastly, do you think something like the super honest approach would work? Telling your trade partner the reasons your looking for exact cards (future specs) and reasons the deal is good for them (getting staples, etc). Thanks again.

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By: Ryan Overturf https://www.quietspeculation.com/2015/05/insider-building-a-rapport/#comment-816040 Sat, 30 May 2015 17:05:18 +0000 http://www.quietspeculation.com/?p=60073#comment-816040 In reply to Mike Bajorek.

“I deal with the god damn customers so the engineers don’t have to. I have people skills; I am good at dealing with people. Can’t you understand that? What the hell is wrong with you people?”

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By: Mike Bajorek https://www.quietspeculation.com/2015/05/insider-building-a-rapport/#comment-811621 Fri, 29 May 2015 20:31:35 +0000 http://www.quietspeculation.com/?p=60073#comment-811621 This is a great article. So often people forget that people skills are required for dealing with people. The general public will remember dealers and traders that are easy and enjoyable to work with, and they will ALWAYS tell their friends about it.

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By: Mike Bajorek https://www.quietspeculation.com/2015/05/insider-building-a-rapport/#comment-811617 Fri, 29 May 2015 20:30:37 +0000 http://www.quietspeculation.com/?p=60073#comment-811617 In reply to David Schumann.

Perhaps he was buying at 80% of market value, and his sell price was also 80% of market value. Additionally, there may be an unmentioned 20% fee for the store owner he works with. As it is written, I see your point.

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By: David Schumann https://www.quietspeculation.com/2015/05/insider-building-a-rapport/#comment-809389 Fri, 29 May 2015 12:09:52 +0000 http://www.quietspeculation.com/?p=60073#comment-809389 I enjoyed the article…and glad to see you’re back to writing…one question I had though…how is that first deal a “0 profit” deal?….you gave him 80% on a card you had buyers lined up for….so you basically “sold” the cards he traded for at a profit….(for example) if Rabblemaster’s were $10 each…you gave him $8 per..he traded in 10 for an $80 card…you then sold all 10 for $100…you made 20% profit…

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By: pi https://www.quietspeculation.com/2015/05/insider-building-a-rapport/#comment-809237 Fri, 29 May 2015 11:35:21 +0000 http://www.quietspeculation.com/?p=60073#comment-809237 Much of this would apply from the perspective of the backpack trader dealing with a store or fellow trader.

Welcome back!

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