How to sell pop vinyls
Flipping Funko Pops: A Beginners Guide (Funko Pop Reselling)
there are tons of ways to make a few
bucks online there's a lot of also
get-rich-quick schemes out there
oftentimes those don't work but when you
put it into a realistic sense like you
can make an extra ten dollars a day
these things become much more realistic
so today I'm gonna talk about how I made
money by flipping Funko pops that's
right these things right here behind me
yes I do collect them but I've bought in
so many more than I actually have on
that shelf simply because I bought them
with the intention of reselling them now
I did this at the beginning of the year
from probably about January to April
before I transitioned to selling video
games on eBay instead just because I
felt like video games had a bigger
profit margin because I could buy them
at a garage sale or a pawn shop and if
they were rare enough often times with
ps2 or original Xbox games I could make
a pretty good profit and I say ps2 and
original Xbox because that seems like
the generation that's really getting
drug through the mud right now when it
comes to selling locally oftentimes I
would see those games for you know a
dollar or two apiece at a pawn shop or a
garage sale and just seems like anything
older than that
ps1 NES and SNES people are like oh
that's pretty old
let me check how much it is with the ps2
people who just seem to slap a couple
bucks on regardless the Funko pops are a
different thing it's unique in the fact
that if you want to get into flipping
Funko pops you don't have to go to
garage sales you can actually just go to
any of your local stores and many of
them do carry these pops these vinyl
figures I'm talking you can go to
Walmart Target Best Buy
Walgreens you name it even Game Stop
sell disease now they each price them a
little bit differently oftentimes
Walmart and Target are the cheapest
there are about $9 some of the stores
charge 10 some of them charge 11 so
oftentimes your best stores to check out
first or probably Walmart and Target and
they're probably also the stores that
get picked over the fastest now you're
thinking who would want to buy one of
these vinyl figures for more than you
know
nine or ten dollars well I didn't think
anybody want to do it either until I was
able to successfully resell them now
before we get too far into this I will
tell you I don't ever intend to resell
any of the ones on my shelf if they
aren't in a box they're not quite
worthless but they're worth like
probably a third of what they'd be worth
if they were in the box the box is very
important and be sure that when you're
buying these you're buying them new or
at least buying them in the box and the
box is in pretty good shape so the
interesting thing about these Funko pops
that sets them apart from reselling
other things you know like I mentioned
video games from garage sales that these
Funko pops all are worth different
amounts of money
you see when Funko is making these pops
they make some of them be more rare or
more scarce than others in fact some of
them come with a little sticker that
even designates that maybe their store
exclusive maybe they're exclusive to
target maybe they're exclusive to
Walmart maybe they're you know a chaser
special edition so they come out you
know with stickers on some of the boxes
indicate that yes special edition and
then some of them are also just simply
more rare than others I remember when I
was collecting for the stranger things
collection I was trying to get Steve and
for a while Steve was one of the more
rare pops in the collection even though
he didn't have any sort of sticker on
him so they definitely make different
quantities of each character even in one
series and this is where the opportunity
lies for flipping these if you can go
into Target or Walmart or you know a
countless different stores find either
you know the store exclusives that might
be worth more might not be or some of
those more rare pops when they come out
you know you're buying each one for nine
or ten bucks depending on the store and
you're able to sell them on eBay for
more money that's one of the nice things
about these you know that if you're
buying a pop you know depending on what
store you're going to you're only going
to spend nine dollars but the reality is
the pop could be worth significantly
more than that and when the stores are
pricing these pops they don't take into
consideration how rare they are just
simply because this kind of has that
trading card aspect to it you can buy a
three ninety-nine pack of pokemon cards
pull-on $50 card but you didn't know
that because it was mixed in randomly
well Funko pops aren't as random you
know what you're buying
but the shipment they get is random and
that's why they don't bother to price
these individually
now obviously the big concern that comes
up is how do I know how much a Funko pop
is worth there are literally tens of
maybe even hundreds of thousands of
different Funko pops that have been made
how do you possibly know which one is
worth more than the other especially
when some of them have different
versions of the same character in the
case of again stranger things when me
wanting that Steve character there are
multiple different Steve's that you can
get they each have a different outfit
and thus they each are worth different
amounts of money because some of them
are more rare than the others so I use
an app called pops PDF now I assume this
is also available on iOS and basically
what this is is a pricing index for pops
so you see when I open up the app here
basically has all of the new ones that
have come out none of these really have
prices on on you see this Missy one does
$15 el Diablo $22 nada nada now I do
have my collection on here the ones that
are on the Shelf behind me and you can
see many of them aren't worth very much
these are because you know they're older
ones I knew they were gonna be common
ones and they were ones that I simply
wanted to keep myself now the prices on
these do fluctuate even kind of from day
to day only a couple dollars and these
prices are actually based on the prices
that they're selling for on eBay so this
app is actually drawing in these sold
for values on eBay and then giving you
an idea of how much the top is worth so
you can see all the ones in my
collection are worth less than $10 with
the exception of parsable now my wish
list see these are some of the ones that
I was looking at buy and you know if I
can maybe find them locally I'm not
gonna buy them on eBay but you know if I
ever ran to these locally I've tried
take them up now none of them are super
expensive except for Cameron's 23
dollars because I don't get into
collecting the super the super expensive
ones just because I don't see the value
in that and I know other people
definitely do but my intention when I
get it - take it out of the box and put
it on the shelf and never resell it
again now the search function on here
you can even scan a barcode so I did
this a lot when I was in stores I would
simply scan the barcode of the pop that
I wanted to see the value of and boom it
would instantly pull it up so you can
see some of the ones I recently viewed
here the ken griffey jr. bronze one
which obviously it's gonna be super
difficult to get is trending at over
$2,000 another ken griffey jr. here
again exactly the same pop different
outfit all of a sudden is only worth
five hundred bucks and you know some of
these are gonna be not able to be bought
in a store right some of them are
special to an event I would assume that
this special ken griffey jr. bronze one
is specific to some sort of MLB event
which makes it be really rare but even
the ones that you're running into at
stores are gonna have you know varying
values that could be higher or lower you
know you see Pikachu here he was sold
only at Target so he was available in
Target stores and yet he's trending at
$30 he was released in July of 2018 you
can see the price was very high back in
August it's kind of leveled out around
$30 I've seen that often times you know
within the first week of the pop being
released you're getting pretty good
value maybe two weeks after that you
know three weeks after release you could
end up higher or you could end up lower
that's kind of like the deciding point
and evidently for Pikachu he went up
even higher but then it seems like after
that you know after the Pops been out
for a month or more the value is pretty
much set it's not gonna change that much
if it does it's gonna go down a little
bit cuz new pops have came out that
people are interested in getting instead
so you're saying well it sounds like
there's some opportunities to make some
money here but not a ton of money and
again like I said this is a realistic
thing that you can do and I think that
often times when store gets in a
shipment you know you get there and they
happen to just stocked the shelves or
you can tell the shelves haven't been
stocked that long ago they're not super
picked over oftentimes I find that there
are you know depending on the size of
the store many shipments the
often times with each shipment it seems
like there are about two of them in
there that are worth 20 or more dollars
now that could be you know $40 could be
$30 could be $25 what have you but let's
say you pick up one that's $25 and you
paid $10 for well your profit margin is
$15 now if you're selling them on eBay
like I did it's gonna cost you two
dollars and fifty cents 10% to pay the
eBay seller fees you're now down to
having made 1250 now you also have to
ship the item and typically the shipping
on these runs about $3 when you put them
in a box that I was gonna pick up from
Walmart a six by six inch box six by six
by six it's six it's a complete square
it fits very well into that box without
even really the need for additional
packing and those boxes costs I believe
about 50 cent so that's not a 350 spent
on shipping I'd said you were at 1250
now you're down to you made $9 on that
pop well if you're able to do that
multiple times let's say you're able to
pick up two of them well now you've made
$18 you stopped at another store you
know I mean I hear for $27 you can see
how this can add up quickly how you can
take a pop that's worth $25 a net a $9
profit on now the other thing I want to
mention is some of these stores do have
pretty nice rewards programs that buying
the Pops can help you take advantage of
you know stores like Game Stop Walgreens
Barnes Noble which is also a big seller
of pops have good rewards programs you
can earn points or other incentives for
making purchases at the store well if
you're making all these purchases you
know you're buying a hundred dollars
worth of $10 pops that you're turning
around and selling on the Internet
you're able to gain points that you can
probably use to get some other cool
thing at the store as part of their
rewards program so be sure to check
those things out as well I know Target
if you get a red card you get 5% off and
you know that's not much but definitely
helps the profit margins on each one so
flipping pops is you know a very
realistic way to earn a few extra bucks
it's not gonna make you Millions it's
not something that you can scale into a
huge business but if you want to get
into flipping I think this is one of the
easiest ways to do it just because you
don't have to go to a garage sale or buy
things you
and all the prices all the values of
what they're worth are right there for
you just simply by scanning a barcode so
thank you guys for watching I'm Bailey
and I will see you in the next video
