Prism Auctions

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@JakeKern @bstocksol Yeah, the interesting thing is that over time per platform, these auctions normally settle at very similar valuations per-unit. Big premium on Dell Latitudes on some platforms, whereas others are cheaper per unit for the same computer. Very interesting market!

@prismauctions @bstocksol Many did get a lot of bids towards the end. Just something that caught my eye in browsing for my normal home good lots

Someone who is smarter than me is going to make a lot of money buying pallets of laptops from @bstocksol today ~5-10% msrp seems crazy to me. Maybe I'm wrong. Anyone have experience selling liquidated laptops/electronics?

@SaulSellsStuff Markets in general all behave similarly. Reselling, liquidation, and collectibles are less liquid than stocks, but currently unpopular items which don’t have their intrinsic value priced in are moneymakers in all scenarios.

This is true more times than most people realize. If you buy into something that the general consensus of people don’t like, it has a good chance of being one of your best investments. Don’t blindly do this but if: 1. The brand has legs. It’s established and they weren’t riding on this single release to keep them afloat. 2. The product has some value. Could be to collectors, completionists, players, or other investors. 3. Bonus if it has cross channel appeal. Example here Magic The Gathering x TMNT. That’s two separate groups that may be interested. 4. The product has a tie in to a larger mission. With cards that could be playability. For action figures it could be future playsets, games, etc. 5. Future / near future relevance will occur. New movies, shows, music. 6. Built in scarcity. Limited runs, editions, or license changes. One or multiple of these events occurring can lead to a multiple in return that outpaces traditional hyped products. Brands will often underprint / produce products with bad receptions. They may also prices to move them. These create even more scarcity. A “bad” product that suddenly has appeal 1-5 years later is far harder to find than one that always had appeal from day one. Another side effect is who had the product to sell. Poorly received products don’t tend to be in the hands of resellers. Means a more controlled market that doesn’t see massive sell offs.

@SaulSellsStuff This is a really good idea. If you don’t want to use a dashboard, you could use a classic IMS as well, Claude is good at writing integrations.

Amazon sellers / Resellers here is how I’d use this same tech for Retail Arbitrage. May surprise you. When sourcing either you or your staff: 1. Take a photo of the UPC on the product you’re buying. 2. Have it auto upload to some cloud. Google, iCloud, etc 3. Run this extraction on that folder every hour automatically. 4. Have a simple dashboard created with Claude that: Stores every UPC and matches them to product names. Here’s the big one. Extract the location meta data from the photo. Map them to physical stores on your dashboard using Google Maps. Bucket them by sourcer automatically. Now you have a live map of where every item was sourced down to the exact location / store / who sourced it / what it was / when it was sourced. 5. Run reports on this data to know not only your best stores but your best locations. 6. Go further and notice trends on best time of day. Brands per locations, etc. All of this for $2-5 a month in overhead.

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$125 Million in auctions over the next week! We're the only way to make sense of it and find the diamonds in the rough. Sign up for the waitlist at prismauctions.com

With some updates to our system, actually $8 MILLION. There’s no better place to source with a system.

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