$1,000,000 Mark Broken

January 21, 2012

Congratulations to SwagCards! A year ago SwagCards let us know that he was going to be the first seller to cross the million dollar mark, and yesterday he became the first seller with more than $1 Million dollars worth of book value on consignment with us.

Here is an interesting comparison of our top seller board from today vs. two years ago.

Notice that the #10 seller today has more book value than the #1 seller two years ago.

eaglescards and baseballcardsetc are the only accounts that have been able maintain a footing the Top 10 list.

Rookies_n_Jerseys is an account to keep a close eye on. He only started consigning cards with us 6 months ago, and his account is half way to the million dollar mark.


Item #6,000,000 just hit the site

December 17, 2011

Item #6000000, submitted by arcaiser
1996-97 Ultra Decade of Excellence #U1 - Clyde Drexler - Courtesy of CheckOutMyCards.com

Here is a quote from CheckOutMyDeals who discovered that item #6000000 was live before we did. I guess we have been a little preoccupied with our move.

I think it’s wonderful that not only did you process an additional 1 million cards in record time, but you also improved the site to address at least 2 of the user’s top concerns since card #5000000 was processed.

People wanted an easy port sale feature and they now have it.

People wanted an increased customer base, and you’re now cross-posting cards to Amazon, potentially adding millions of new customers.

Some features I would love to see:

* The ability to tag players with Hall of Fame status, All Star status, major awards won, teams played on, etc.

* The ability to tag sets / cards as autographed or memorabilia cards.

* The ability to filter searches by several factors. For instance Yankees memorabilia cards over $10 book value that are at least 50% off book value.

One feature I would really like to see:

The ability for a seller to subdivide their port into several smaller ports. The port could then be sold as a bulk lot using the port sale feature. It could also be subjected to different auto accept percentages than other cards.

That way, if someone wants to accept 50% offers on basketball cards but only accept 10% offers on baseball cards, they could do so. Or if they would sell their hockey for 10% of book, but only as a bulk lot, they could also do so.

I’m very happy with COMC and all of the positive improvements that you are continually making. Good luck!

Let’s see how many of these feature requests are live by the time item #7000000 hits the site.

Side Note
Over the last few months we knew we were running out of space in our current warehouse, and we chose to spend our energies hunting for a new home instead of giving specials or trying to get more items on the site. As a result it took us 2 days longer to get from item #5000000 to #6000000 (137 days) than it did to get from #4000000 to #5000000 (135 days). This is actually quite amazing when you consider the fact that we ran virtually no processing specials during that time. When we don’t run any specials, people send us cards that are more difficult and time consuming to process. One way to approximate the difficulty of the cards submitted is by looking at the average book value. Generally the more valuable a card is the more rare it is and the harder to identify what it is.

As you can see from this chart, we had been hovering around $5/item for an average book value the past few years. Over the last 6 months as we have been working on the items in the 5,000,000′s you can see that our average book value shot up to just under $6/item. It was quite a feat to get all of those items processed in virtually the same amount of time as the previous million items.

For the next million items we will have room to hire more people and give them enough space to work efficiently. We will see how this translates to our stats.


Q3 Stats

October 4, 2011

Here are the Q3 stats year over year.

* 2010 Q3 Cards Sold does not include 11K cards sold in 1,000+ card transactions.
** 2011 Q3 Cards Sold does not include 258K cards sold in 1,000+ card transactions.

There has been a huge spike in large transactions now that we have made port sales so easy.


Just hit item #5,000,000

August 2, 2011

Item #5000000, submitted by dkeever
2011 Bowman Gold #212 - Dillon Gee - Courtesy of CheckOutMyCards.com

Trends

Item #100,000 was added on 8/22/2007
– 667 days later…
Item #1,000,000 was added on 6/29/2009
– 290 days later…
Item #2,000,000 was added on 4/15/2010
– 184 days later…
Item #3,000,000 was added on 10/16/2010
– 151 days later…
Item #4,000,000 was added on 3/16/2011
– 135 days later…
Item #5,000,000 was added on 7/29/2011

How many days until item #6,000,000?

Stats
The stats on the right show where the 5 million items are today.
Only 3 million left for sale.
1 million different cards.

New Big Seller
You may notice that user Rookies_n_Jerseys has entered the top 10 sellers list. This is pretty impressive considering he started selling on CheckOutMyCards.com less than 2 months ago.

New Biggest Seller?
You should also take note of SwagCards. He is making a steady climb up the charts. Currently at #3, he has expressed his intent to make #1.

Learn more about using CheckOutMyCards.com to sell your cards


Quarterly & Yearly Stats

July 2, 2011

After 4 years, our exhaustive quarterly stats are getting too long to put on fliers and business cards. So we are going to start using our yearly stats on printed materials. We will continue to publish the quarterly stats on the blog, but we will be doing the abbreviated year over year version of the quarterly stats.

Cards Sold
Since we have made it easier to purchase ports and to do large offers, there has been a big spike in cards sold. Though this is interesting, it dilutes that value of the cards sold stat. So we are now ignoring all transactions that contain more than 1,000 cards to try to get a more accurate representation of how many cards are sold.

Yearly Stats

* The 2010-11 Cards Sold does not include 0.25M cards that sold in transactions that had more than 1,000 cards.

Quarterly Stats

* The 2010-11 Q2 Cards Sold does not include 117K cards that sold in transactions that had more than 1,000 cards.


3 Million Cards For Sale

June 23, 2011

A few weeks ago we history with more than 1 million different cards for sale.

Today we crossed 3 million total cards for sale.

That means that we have an average of 3 copies of each card for you to choose from. As a result, we are working on some improvements to the Card Details page to optimize for a better experience when choosing between the different copies of the same card. We look forward to pushing out that update in the next few days.

Here is a sneak peak at the new design. It is still rough, but you get the idea where we are going.


Dirk’s Trending Sales

June 13, 2011

We have noticed an increase in sales of Dirk Nowitzki cards. So I decided to throw together a quick chart to see what has actually happened.

I guess we were right. Congrats Mr. Finals MVP!

1999-00 SP Authentic Sign of the Times #DN - Dirk Nowitzki - Courtesy of CheckOutMyCards.com 2010-11 Limited Threads #54 - Dirk Nowitzki/199 - Courtesy of CheckOutMyCards.com


History Made: 1 Million Different Cards For Sale

June 8, 2011


We just reached another major milestone. CheckOutMyCards.com is the first website in history to offer more than a million different cards for sale that all have scans of the front and the back of each card.

Thank you for all of your support and encouragement to help make our service a success! We are also excited about all the improvements we are working on to make the site even better for the next million cards.

Note: For those of you counting…. We have actually shipped out 1,347,178 cards that were purchased, and we have 2,922,241 total cards for sale when you count all of the duplicates.


Turns out… Friday actually is good

April 24, 2011

Today I had Easter dinner with Andy Bird. He is a friend from Minnesota that I lured out to Seattle four years ago to help build CheckOutMyCards.com. He implemented our original interface design. Anything that looks kind of clunky on the site today is probably my fault. I am not nearly as fluent with CSS, HTML, and Photoshop as he is.

In any case, I was mentioning to him that I checked out some website stats last night and was surprised to find that we set a record on Friday for most revenue in one day. I was puzzled that it seemed like such a random day. We weren’t running any particular specials. It just seemed to be completely out of the blue. Then Andy commented… “So I guess Friday actually is good.” We all got a good chuckle, and I told them that I was going to blog about this one.

Andy doing the Heisman pose with his newborn baby Lucia

In case you aren’t familiar with Christian traditions, the Friday before Easter is called Good Friday.


Q1 Stats & Hiring!

April 4, 2011

Here are the Q1 Stats… Don’t need to say much. The steady growth is pretty awesome.

Note: If you are paying very close attention, you may have noticed that we adjusted our 2010 Q4 Cards Sold from 370K to 310K. This is because the number was inflated by a 60K card port sale at the end of DDearing’s holiday sale.

Hiring

As evidence regarding how we feel about the business, we have 8 open full-time positions.

We will be posting more specifics about exactly what we are looking for, but we have 3 positions open in shipping, 4 in processing of the incoming cards, and 1 in customer service. This should help us keep the time to ship orders as low as possible while increasing our current processing capacity beyond 600K cards per quarter and increasing the quality of our customer service.

If you want to join our team, please email your resume to hr AT checkoutmycards.com
replace the AT with an @


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