As you scaled to a larger portfolio, how are you making the decision to start ordering sets which are not on as big of a discount.
At a high level it sounds simple and makes sense to start buying some of them at slight discount or even MSRP (if exclusive and high demand) and then buy up all the sales as they come. Finding the right balance and timing here is harder than it sounds. Any key indicators you look for?
Few examples from the hit list this year:
1) Princess Leia Helmet 75351 - unlikely to see a sale, target was 5% of portfolio with an assumed decent demand since it was exclusive. This one seems like an easy, buy at MSRP to meet the desired qty.
2) Monster Jam Dragon 42149 - easy to get at 20% off (15.99) but saw similar monster jam sets get to 12.99 last year (35% off). With a decent demand score and high desired qty, do you start buying these in Oct/Nov and then just double down on any sales? Basically a DCA type approach?
3) Speed Champs Countach 76908 - regularly 20% off but we know it could go down to 13.99 or lower here. With a high demand score and big bigger desired qty, time to start laying a base position?
As you scaled to a larger portfolio, how are you making the decision to start ordering sets which are not on as big of a discount.
At a high level it sounds simple and makes sense to start buying some of them at slight discount or even MSRP (if exclusive and high demand) and then buy up all the sales as they come. Finding the right balance and timing here is harder than it sounds. Any key indicators you look for?
Few examples from the hit list this year:
1) Princess Leia Helmet 75351 - unlikely to see a sale, target was 5% of portfolio with an assumed decent demand since it was exclusive. This one seems like an easy, buy at MSRP to meet the desired qty.
2) Monster Jam Dragon 42149 - easy to get at 20% off (15.99) but saw similar monster jam sets get to 12.99 last year (35% off). With a decent demand score and high desired qty, do you start buying these in Oct/Nov and then just double down on any sales? Basically a DCA type approach?
3) Speed Champs Countach 76908 - regularly 20% off but we know it could go down to 13.99 or lower here. With a high demand score and big bigger desired qty, time to start laying a base position?
Mainly I wait until December and hope a sale pops up, unless I need a TON of quantity like I do with the Dragon and the Countach.
For those I'll probably start buying this weekend at any discount I can get.
You need an amex card in order to redeem the rakuten cash as points? Do you use that card for any other purchases during the year?
Yes you need a card so you have an account to accept payment with.
I use them situationally.
Most of the time to collect a sign up bonus before signing up for another card.