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Term Papers on Sports Card
Sports Card The sports card and memorabilia market is as lucrative as ever in our culture today. The number of sports card and memorabilia stores, however, has never recovered since the backlash of the late 1980’s and early 1990’s. My business plan is to open ED’S SPORTS CARD & MEMORABILIA WORLD in a small (400 square foot) location in Islip, New York. The store-front will cost $400 per month. The sports card market has a year-round appeal but also has fluctuations by month. The height of business is found in November and December (holiday time) as well as in March and April (when the baseball season gets underway). An advantage to this business is the extremely low amount of advertising money needed. By accessing the Internet (through a $2500 computer and $20 per month America OnLine service), a card and memorabilia store can have virtually all the advertising they can put on-line at no extra cost. A webpage (through a provider like GeoCities or Angelfire) is free and posting in Usenet groups or on AOL’s "Card Collector’s Corner" is also free. All you have to pay is the monthly service charge. An advantage of using the Internet for this business is the profit margin. It is not uncommon to find cards on the Internet selling for 10% to 40% of it’s actual value (i.e. a $100 card can be found for $10 to $40), or "pre-order" buys on upcoming products to be way below the market price (i.e. a $67 pre-order on a box that will sell for $110 wholesale). This enables the business owner to turn over inventory at a price that the consumer finds reasonable (under it’s "value") and the businessman finds profitable. Start-up costs are pretty low for this business also. I figured that I can start a business for under $8,000 and maintain it for about $1,500 a month. This includes showcases, the previously mentioned computer, inventory, rent, advertising, supplies, and utilities. The average daily expense for maintaining the store is under $50 a day. What I have not figured into the amount to start-up this business is a sign outside the store. Many baseball card shop owners have told me that their sign was free! This was done by contacting one of the major card companies (Topps, Fleer, Upper Deck, or Pinnacle) and placing their corporate logo on the sign. I have been ivolved in this industry as a collector since 1985. I have been a part-time dealer since 1995. An average month as a part-time dealer ... This is ONLY a preview of the article. If you would like to view the entire document, you must subscribe to Digital Term Papers. Please register below now! Digital Term Papers has over 63,000 essays, term papers, and book notes online. Many paper sites will charge you hundreds of dollars for a single paper. Digital Term Papers only charges $14.95 for a one month membership with instant account activation! Don't waste anymore time! Join NOW!!!
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