Make Money, Money, Selling Lego

If you’re looking to start selling Lego on the popular website Bricklink then you’ll be asked to set up a store and set your Bricklink store terms. 

Setting store terms is something you’re unlikely to do on any other online e-commerce platform similar to Bricklink so it can be difficult to know what to say. Only made worse from the impact the wrong thing (or nothing at all) can have on your sales.

How To Set Terms

Once you’ve made it onto the Bricklink website it can be rather difficult to navigate (it’s got so much better over the past five years though) so to make this as simple and easy as possible head to Bricklink.com, login and then click here. This is the direct URL to your store terms.

Then the page will load and look like this;



What Should I Say?

According to Bricklink, your store terms should do the following;

Describe your order processing timeframe, payment terms and any additional fees such as handling fee. Detailed store terms can significantly decrease confusion, cancelled orders, etc.

However, what does that even mean? How should you format it? What should you disclose? Well, here’s some examples of good store terms.

TSS_Bricks
These terms are simple, straight to the point and provide the potential buyer with absolutely everything they need to know. At a very minimum I’d advise having this much information formatted in this style. This will make it as simple and straight forward as possible for the potential buyer to find the relevant information they need.


Constructibles
While the content of Constructibles terms and conditions is good and features information for returning buyers. It could do with some more distinctive formatting when compared to the bullet points and text colours. 


Galaxy Arms
Galaxy Arms is unique in the sense that the terms and conditions here are in both English and German. This store is German based but has also translated the terms into English to encourage international buyers – Something worth considering depending on your location. Again the formatting with the lines works really well.



As always if you have any questions about your Bricklink store terms, or simply want us to review them leave us a comment and we’ll do our very best to get back to you. If you have any advice for those setting up Lego stores then again, feel free to leave a comment below. In the meantime be sure to check out our other posts on selling Lego.

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eBay Reselling, Make Money, Selling Lego

Whether you’re new to reselling or an aged old pro, whether your full-time or part-time it really doesn’t matter. We all need certain resources to sell on eBay. Which is why I’ve spoken to the eBay reselling community, and together we’ve come up with the ultimate list of eBay reseller resources.

I’ve broken this list down into essentials (the things you absolutely must have to sell on eBay) and additional / extras (these things aren’t necessary, but they will help for one thing or another)


Essentials eBay Reseller Resources 

Bubblewrap – Bubblewrap is going to protect your items and stop them from getting damaged in transit. You maybe able to re-use some bubblewrap you’ve got from previous parcels. Buy a small amount from your local Poundland or  if you’re shipping a large number of parcels a day.

Padded Envelopes – Perfect for books, dvd’s, CD’s, badges, trading cards and other small items. Padded envelopes have a thin layer of bubble wrap embedded to ensure protection. If you’re only selling a couple of items then you can get a small bundle of different sizes online, or a small number of a specific size (a4, a5 etc.) from your local pound store. If you’re selling a vast number of items then c.

Brown Roll – After wrapping you’re items in bubblewrap you’re going to need to cover them in something else so enabling you to write address details etc. . This is an ideal alternative to padded envelopes for some smaller items (although it will take longer, and time is money). However, I use brown roll specifically for large items where a padded envelope isn’t suitable. One example of this would be board games.

Cellotape

Brown Tape

Scissors

Camera – This could be something as basic as the camera on your smartphone.

Digital Scales – To weigh items before listing to ensure that you’re charging the right amount of postage.

eBay Account – If you’re going to be selling items for profit (reselling) then you’re going to need a business account.

PayPal Account – If you’re going to be selling items for profit (reselling) then you’re going to need a business account.

Public Liability Insurance

Internet Connection

Internet Capable Device – Anything from a smartphone or tablet through to a computer or laptop.


Additional eBay Reseller Resources

Tape Gun – Ideal for wrapping parcels quickly this will ensure your brown roll or alternative packing material stays secure. 

Business Cards – I’ve wrote a guide on how to design your own business cards for free. Once you’ve designed your card you can get them printed online via eBay, a private website or even in store at the likes of Staples.

Sharpies

Label Printer – There’s nothing worse than writing an address wrong, if you’re lucky and you realise you can change it. Otherwise you risk it going walk-abouts all together. A label printer will not only minimise human error it will also considerably speed up your packing time – and remember, time is money! If you work from one laptop or computer , however if you’re part of a team c so anyone who is using the WIFI can print. 

Storage Boxes – The type and size of these is likely to depend on the stuff you sell. If clothing then most people , label it, put it in a box , then number the box. Helping them to find that particular item quicker upon sale.

Shelving

Cardboard Boxes

Light Box – This will go a long way to helping you take better photos. . However, if you really want to make your photos pop then  to improve the lighting around your item.

Xero – Accounting can be hard for small businesses or self-employed. Having been both, I know that finding an accountant that understands and letting go of the control isn’t always easy. However, I found having Xero meant that I didn’t need an accountant. Xero imports your transactions direct from your bank account and your Paypal accounts allowing you to easily reconcile them based on the type of purchase / sale. You can read my full review of the Xero platform here.

Microsoft Excel

Royal Mail Drop & Go Account – I’ve spoken about the benefits of this in a video here.

Parcel2Go Account – My international and domestic parcel comparison website of choice.

GoofBid Account – Allowing you to find misspelt items and snipe other eBay listings to resell for profit.

Mannequin – Ideal if you’re looking to sell clothing. This will go a long way to helping you take better photographs.

Disc Repair Machine – This item is certainly investment but if you’re looking at selling CD’s, DVD’s or video games then it’s likely to transform your selling capabilities. While I’ve never personally owned one of these machines I’ve heard great things about the Disc Go Devil.



As always I’d love to know your essential and additional reselling must haves! Let me know in the comments below and I’ll be sure to add them to this list.

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Make Money, Selling Lego

With the ever growing market of Lego itself and resellers, there is no surprise that more and more of us are wanting to join the game.

The key question is how do you decide which sets to part out and which to invest in? 

Depending on what you are wanting to sell and where and who to can alter what you need to be looking for on the market. If you are wanting to resell at shows and toy fairs check out my post here.



Investment – What Should I Be Looking For?


When looking at sets to invest in, you want to be looking for something unique about the set. Usually, you want to pick up Lego sets that are larger, like the modular buildings, winter sets, special editions and sometimes even the smaller ideas sets.


You also want to be looking for a set that has a unique figure in, forget about the dime a dozen figures that come in more than 1 set or are likely to be mass produced, you want to aim for a unique Minifigure.

Finding a set that will have a special edition Minifigure included or a Minifigure that will more than likely only to be produced for that set alone. The unique Minifigure is what instantly adds value to a set as some collectors will only collect Minifigures.

Popular and in demand Lego sets that are now retired are sets such as the Modulars e.g The Green Grocer, The Town Hall and  The Fire Station, these at the time weren’t overly popular and so once retired and then sky rocketed from builders and collectors wanting to complete their collection. Modulars have become popular and now flood the market as many people were hoping the trend would happen again as they did the older sets.

The key is to look for a trend that no one else has yet found, something that not everyone has already invested in or could be a dark horse. There are many sites such as BrickPicker where you can look into the market of Lego and get more information and knowledge of the resale value and sets to invest in.



Parting Out – What Should I Be Looking For?

With so many new builders, MOC’ers and creators coming into the Lego community come the suppliers of the goods themselves. The key points you want to look out for in parting out is price, part count and practicality.

There are more options than just parting out new Lego sets, you can also look into buying used lots from car boots, eBay or gumtree, these used lots can hold retired sets, unique parts and rare Minifigures. If you want to know more about whether you should sell new or used Lego, check my post. 

Practicality

 

 


When I say practicality you want to have a good range of parts in a set, within the set it needs to have the ordinary pieces that are needed such as 2 x 4 bricks to create a base and then an influence of a new or sought after a part that isn’t as common.

There is no point picking up a set that has a lot of parts that aren’t already selling or selling very slowly in your inventory. 


Price

Price is always a big part to parting out, generally work on a double or triple scale. If the set costs £5.99 you potentially want it to part out for £12.00 or even better £18.00.

When working with the part out you generally want to have room to discount for any low months you may want a sale or for if you put on any promotions. This will allow you to still make a profit on your parts without coming too close to breaking even.

We worked on a double to triple price range, so a £6 set would part out for £12 or even £18, however, this is just one example others may look to earn their money back from purchasing the set in Minifigures along ensuring the parts are pure profit before fees. 






Part Count

Not all sets will have everything you want from it, some parts you may have an abundance of already that are selling at a slower rate compared to the other parts. This is where you want to make sure that you are paying what you feel it worth it.

Say you have 25 parts in a set, 10 of those parts you already have 100 of and are struggling to sell, what does the set then mean to you in value? If you can make enough profit on the remaining 15 parts enough to cover the slower selling 10 then get it. 



This, however, will depend on your storage sets up and time, some people don’t mind having the parts that will sell at a slower pace as they will still sell. If you are working on creating a way to maximise your storage space and look to organise your Lego parts more efficiently check out my post on how to store a Lego collection.


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Amazon Reselling, Clothes, eBay Reselling, Save Money, Selling Lego

Let me start by saying charity shops are AWESOME! 

They are a place to do some good when de-cluttering, and they are a place to grab a bargain when you’re looking for a new book, to up-cycle some furniture or a new outfit. 

However, charity shops aren’t always the easiest things to find. Especially if you’re new to an area. Which is why today I’ll be showing you how to find a local charity shop.

 

Google

Google, is there really anything this search engine giant can’t do?

Simply search ‘charity shops’ and then your destination. Click over to maps and you’ll find the location, name and opening times of every charity shop listed.


This is without a doubt the easiest and quickest way to find charity shops. If you have a smartphone then the search can also be done using the Google maps application. Ideal for charity shopping on the go!


Local Facebook Pages

Facebook. Love it or hate it, it can be a great resource. Many communities have set up groups for people to join and find out information about a particular area. Questions can include; Local events, details in regards to a particular school and community issues and concerns.

All this makes local Facebook pages a fantastic resource if you’re looking for charity shops. Be sure to read the rules of every group first, and then ask away.

While it takes a little longer than a Google search and the responses are going to need collating, you may find a hidden gem that you otherwise wouldn’t of found or some information as to the best times to visit, or what particular shop to go to for specific types of products i.e. furniture or clothing.
 

 

The High Street

Should all the above fail you, then head to the local high-street. I’m yet to visit a town or city without charity shops on the high-street. 

You might not get great charity shops, and they might not have what you’re looking for. But they are a fantastic starting point, into your ‘charity shop hunting’.

Also don’t be afraid to ask in the store if they have any other stores local. You might find that particular charities have stores in neighbouring towns. 


Let me know how you go on finding a local charity shop with these techniques. If you have any hints on how to find a local charity shop then feel free to leave a comment below. In the meantime check out my post on how to find local car boot sales, for other bargains!

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Make Money, Selling Lego

There’s an age-old discussion on the Lego forums and it all comes down to one simple question. New or Used Lego?

You’ll find some people sceptical of fakes, and unwilling to purchase used, and therefore pay an additional cost to purchase new. However, you’ll find the bargain hunters or those looking for more unique, no longer available parts that simply have to purchase used.

As Lego resellers, what we need to assess is what condition Lego we should sell…


Selling New Lego

The benefits to selling new Lego parts are you can acquire new Lego quite easily and quickly. You can buy Lego sets within toys shops, supermarkets and online and have them in your hands the very same day. Another benefit to working with new Lego parts is that they will not require cleaning, taking away an extra step so you can get the parts sorted and put into the inventory quickly.

When buying new Lego sets you can often get a large quantity, meaning you have more of the same part, which is useful for those who are wanting to buy in bulk to complete a build. Buying new can often mean you can build your store and add diversity quicker and with half the sorting than used would take.




Selling Used Lego

There are many benefits to selling used Lego parts, you may not think it right now but once you have had a good haul with used you will always want to buy it. You can buy used Lego from charity shops, eBay and at car boots and auctions. The best benefit to selling used parts is that you can often find parts that are rare or uncommon which make them more valuable and can often be in high demand. 

The rare parts will come from sets that were released years prior and had a particular part in them. You can also get the parts much cheaper if you find a bundle that is listed for a low price, this can make the parts cheaper and worth buying to sell for profit over new parts.


Unfortunatly, a drawback to buying used Lego is fakes. Something we’re seeing more and more of as the popularity, and price of Lego continues to grow. However, don’t let this put you off. I’ve an entire post dedicated to educating people on how to spot fake Lego to ensure you don’t fall pray to the knock-offs.

Another drawback to used Lego has to be the cleaning process. I’ve encountered everything you should and shouldn’t see in a box of Lego so be prepared for anything (cigarette butts – yep!). Not only does cleaning Lego cost money in materials, it also takes up valuable time. I’ve a post dedicated to sharing some of my greatest Lego cleaning secrets, although this certainly isn’t going to be for everyone.


Ultimately, the decision as to whether to sell new or used Lego is yours. An while you can go about selling both new and used Lego you’re likely to quickly find that one type of Lego suits your needs better than another. That said, I hope this post has highlighted that there’s A LOT to think about when selling Lego regardless of it’s condition. 

If you have any comments or questions about selling new or used Lego or Lego in general feel free to leave me a comment below and I’ll get back to you.

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Make Money, Selling Lego

Whether you have Lego to resell, play with or your an enthusiastic AFOL raring to build. Your Lego won’t be much use to you in a large box making it impossible to find what you need.

After owning more than 500,000 Lego parts. I know first hand how important organisation is. Which is why I’ve put together a guide on how to store a Lego collection.

The way your storage works is going to be based on it’s size so I’ve broken it down into small, medium and large. Find the method that works for you but most importantly adapt it to your needs and ensure that it’s always scalable should your collection grow.


Storage For a Small Collection (~1,000 parts)

This is great for if you don’t need to have loads of Lego but still want it organised. You haven’t got enough of one unique part for it to use a box of its own.

Start by separating your Lego into unique parts such as bricks, plates, base plates, mini-figures, accessories, doors and windows and tiles. Dividing into these small sections will make finding the parts you need faster and easier.

When I first started selling Lego . The tubs we’re super cheap, and seemed to suit a vast array of parts. As the collection grew  to separate the different parts within one box to maximise the space in one box and minimise the need for multiple half full boxes.

As I started selling at Lego shows  (as shown in the image) these are much more expensive and can’t always be stored as easily. Again you can use the grip seal bags to maximise the space within each slot of the box. 


If you are reselling the items, be sure to keep the used Lego separate from the new Lego. 



Storage For a Medium Collection (~50,000 parts)

This is for the more avid collector, builder or reseller. No doubt by now your collection of Lego is starting to take over a little and need a better organisation technique.

.

We bought a set of 8 drawers and bought the tray liners separately for them from Really Useful Boxes, the tray liners sit in the draw and become a divider of 15 smaller compartments. (different to the ones previously mentioned)



This is great for organising larger collection of parts, where you can dedicate a draw to plates but then your 2 x 4 plates and 2 x 2 plates can be separate. 

Storage For a Large Collection (~250,000 parts)

When I say large collection, I mean this is a collection that has taken over a whole room or majority of a room within your house.


.

Within each takeaway tub would be a separate part, this part would then be noted down in the inventory of Bricklink, Brickowl or Ebay as been in box number 123. These would then run along the shelving in number order and continue in that way.


for anything larger or a larger quantity.

.



Storage For a Sets 

If you’re looking to invest in Lego long-term or have a large collection of Lego sets then your storage method is going to differ to those highlighted above. It’s mainly going to consist of shelving.

I recommend going for this . Suitable for interior and exterior use it can hold multiple boxes of Lego modulars or UCS sets etc.

If you’re looking for that added protection for your sets, then . This will protect it from small scuffs, dust etc. and can easily be removed without any damage.



As always these are just a couple of suggestions and ideas based on our own personal experience in having a large Lego collection. I’d love to know your suggestions, comments, thoughts and ideas in the comments section below. An don’t forget if you’ve found this post useful, share it with your friends or bookmark it for later.

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Selling Lego

So you’re looking for where to buy Lego to resell for profit. Whether it be at a Lego show, toy fair or online the Lego market is HUGE!

I’ve broken this down into a directory based on new and second hand as it tends to be the most distinguishing feature as to where you’ll buy your Lego from. Although I’d suggest going through this entire list and making yourself familiar with the different purchase outlets. 

This is a UK based list. International outlets are going to vary.


Where To Buy New Lego To Resell For Profit

So you’re looking to buy new Lego to resell for profit. This is perhaps the simple and most straight forward Lego purchase that you can do either online or in a major superstore including but not limited to;

– Argos (especially 3 for 2 on Toys)
Smyths
Toys R Us
– Sainsbury’s
– Asda


– Tesco
– Lego Store
– Debenhams
– Boots
John Lewis

There are others; Entertainer, Very, Littlewoods WH Smiths etc. However these tend not to have offers or discounts that will allow you to purchase the Lego at a low enough rate to be able to resell for profit.


Where To Buy Used Lego To Resell For Profit

So you’re looking to buy used Lego to resell for profit. This could be because you’re looking to sell retired sets, individual minifigures or bundles of bricks;

– eBay
– Gumtree
– Shpock
– Facebook Marketplace
– Dedicated Lego groups within Facebook
– Bricklink
– Brickowl

I’ve often found that buying bundles on eBay, Gumtree etc. has been the cheapest method however if you don’t have the funds to allow you to do so then consider looking at UK based sellers on Bricklink & Brickowl who currently have a sale on or are looking to close down their store.

Be sure to remember that if you are going ahead and buying used Lego then you’re going to want to learn how to thoroughly clean and disinfect it.

 

Where / When To Find Lego Deals

People often wonder where I found these deals. Surely I don’t have the time to check each of these stores both online and physically every single day – and they are right.

So, here’s what I do…

Set up alerts on HotUKDeals.

Record specific deal ‘weekends’ (you’ll find that if a store runs 20% off all Toys 5 weeks before Christmas in 2015, they’ll do the same in 2016 and so on…)

Sign up for newsletters with all the major suppliers to ensure I get emails IN ADVANCE for potential sales.

Discuss within the Lego community deals that are currently available. Don’t be afraid of sharing, others will do the same.


There we have it, my ‘secrets’ as to where to buy Lego to resell for profit have been shared. Although, I don’t really feel as though there as complex or ‘secret’ as perhaps people consider them to be. Just find the right location(s) for purchasing stock for you and go for it!

If you have any questions about buying Lego or any other in my Lego series, be sure to let me know in the comments and I’ll do my very best to help.

 

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Selling Lego

Until I gave up everything to travel the world, I was a company director. Although I completed my degree in computing, I instead ended up selling Lego – that’s right, the childhood toy, Lego.

Since then I’ve spent the past five years (give or take) dedicating my life to the plastic brick. Since I started sharing my life (plus my lovely girlfriend Helen’s life) on Youtube it’s something that’s fascinated our audience. An since we’re no longer in the market, and don’t plan on going back anytime soon I instead decided to share my secrets of the Lego trade.

This is… How To Sell Lego At A Lego Show or Toy Fair 


Step #1: Register As Self Employed With HMRC

It’s BORING. It’s DULL. But it needs to be done. If you’re not already you’re going to need to register as self employed, or set yourself up as a limited company etc. 

Speak to an accountant for more information as to what will suit you and your current situation. 

Step #2: Decide What Lego You’re Going To Sell

When you’re starting out you’re probably not going to have a whole lot of cash to spend on stock. So you’re going to want to limit yourself to a particular Lego niche.

Head to a local Lego show and do your research, what are other sellers selling? 

What’s going to make you different?

It could be used bricks instead of new (selling used required additional cleaning materials, marketing products etc. so do your research)

It could be sets, bags of loose bricks, models, minifigures… The list is endless!

Step #3: Buy Lego

Now the fun part… Buy said Lego.

Once you’re happy with your research and know you’re niche you can begin buying your stock. 

I’ll be going into this in much more detail in a future post. 

Step #4: Get Public Liability

While public liability insurance isn’t compulsory I’d seriously recommend it.

A public liability policy covers your business if someone is injured in some way by your business, or if you damage third party property when carrying out work. Even just a minor scratch to personal property could lead to hefty fines, especially as you could be required to pay legal fees if the case goes to court, and these too will be covered by your policy.

You’re also going to want to update other insurance policies such as car insurance if you’re using your car to transport goods to / from shows and transport stock. Not to mention house / contents insurance if that’s where you’re storing your stock when not at a show.

Step #5: Find List Of Potential Shows

Next you’re going to want to find a list of potential shows you can attend. Some shows will be easier to attend than others. However in the beginning I’d recommend doing as many smaller shows as possible to perfect your set up and whole experience.

Just because you’re selling Lego doesn’t mean you have to restrict yourself just to Lego shows. You could also look at doing Toy Fairs, School Fates etc…

Join some Lego associated Facebook groups and use Google to find out about the possible events near you.

Step #6: Speak To Show Organisers

Now you’ve found a list of events you want to attend you’re going to want to contact event organises as far in advance as possible. 

Be honest, explain you’re new to the scene, explain your niche and you’re offering. Although Lego shows are very popular you’re much more likely to be accepted if you’re offering something different to the other people selling that the show.

Don’t be afraid of picking up the phone and calling the organiser, communication is ALWAYS better over the phone.

Step #7: Get Storage & Promotional Materials

Now you all set for you’re first show you’re going to want some storage & promotional materials;

Business Cards
– Flyers
– Table Clothes
– : I always use Really Useful Boxes, they may cost slightly more than other boxes but they’ll last FOREVER. 
– : Allowing you to accept card payments direct into your PayPal account. 

Step #8: Attend Event

So, the time has come for you to attend your event and sell Lego!
However, before you get started a couple of things to note…

– Get there early: Anything can happen on the way to event, it’s always better to have more time than less.
– Take plenty of change: Again, always better to have more than less…
– Introduce yourself: Not just to the organisers but other sellers and displayers.
– Be polite: Kind of goes without saying right?
– Take snacks: You might not always have time to nip somewhere to get food so be sure to take snacks so you can eat as you go.

Step #9: Review & Repeat

Your first show is over, and by now you probably know what went well, and what didn’t.

However, don’t worry… It’s probably a little too early to judge too much so make some minor changes and head to the next show.

From experience each and every single show is different. Like anything we can do well somedays and terrible others, we can sell out of one thing at one show and have hundreds left over at another. – That’s almost the fun of it.

Now you’re on your own. It’s all about learning through experience, adjusting, learning, and adjusting again.


An that’s it. My complete guide as to how to sell Lego at a Lego show, toy fair etc. As always if you have absolutely any questions about this topic feel free to leave me a comment below and I’ll be sure to get back to you.

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