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SportsCardDatabase - Sports Card Reference & Real Time Pricing

Free Sports Card Real Time Pricing and Collector Tools

Monday, August 6, 2012

SCDB at the National

The 2012 National Sports Collectors Convention in Baltimore took place this past weekend, and the SCDB team joined the fun.

If you collect sports cards and memoribilia, this show had everything. Vintage, new, autographs, jerseys, awards, promotional items, knick-knacks, etc. If it is sports related, with 23 aisles of dealers there is a good chance you can find it there.

At other Nationals we had been to, the printed price guides (Beckett or Tuff Stuff) where in clear display on just about every card dealer's table. But not at this one.... There were a lot of collectors carrying around iPads and smart phones - looking up card prices and at their wantlists. We saw quite a few folks checking on while shopping, that was super cool.

Going into the show, we had the following goals:

1) Get feedback from users of the site

We got some great feedback about the site. The things you guys like and the things you guys want. You'll see some new functionality added in the coming months thanks to all the suggestions.  Obviously adding cards to our catalog was the first priority - which we are tirelessly working to do.

2) Search out more Partnerships and get more Data

We talked to a good amount of card dealers and marketplaces about integrating their inventories into our comparison shopping engine, as we received some very positive interest. The more items we have available, the better the informaiton we can analyze and the better the opportunity to find you guys the best deals.

3) Using SportsCardDatabase for ourselves, with our own money

We really believe in this project, so we put our money directly on SportsCardDatabase's data at this show. Every purchase we made was directly a result of the site's analytics, considering the following for each card:

- price point
- sales vs. population ratio (how often the item sells when offered)
- population over the past week, month, 6 months, year (how many are offered)
- price elasticity (how demand changes as price changes)
- popularity of players & card set

As part of this exercise, we will take our purchases and see whether we can meet our goal - selling all the items for at least 500% of the purchase price. We'll keep you posted with the results.

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