Bitcoin, Dogecoin, GameStop stock. It’s been a wild year for investing, and people have made a lot of money simply sitting on a device and choosing their next investment. Now, what if I told you that you could do something similar with Magic: The Gathering cards on TCGplayer? It is possible to buy and sell cards without ever needing to hold them in your own hands. All you need to do is manage your prices to maximize your profit. That probably sounds too good to be true, but with our Store Your Products and Buylist programs, that can be reality.
So, how exactly does it work? With Store Your Products (SYP), TCGplayer stores your inventory in our Fulfillment Center and ships it for you as your cards sell through Direct. You can stock this account by sending in inventory you already own, or by purchasing cards through the TCGplayer Buylist, and having them put into your account.
When you activate your Buylist and set aside money for purchasing cards, customers on TCGplayer will be able to sell you their cards. When that transaction is made, they will send the cards into our Fulfillment Center for verification. Once all the cards are verified, this is normally where we would hold onto the cards until you request that they get sent to you. But with SYP, we are able to file them away, and get them added directly to your account. All you need to do is make sure your buying and selling prices are up-to-date, which you can do easily via MassPrice or CSV uploads.
This pairing of SYP and Buylist greatly increases the speed at which your purchased cards end up in your inventory. It removes the time of shipping the cards to you, as well as the time you then need to spend reviewing the shipment and adding the cards to your inventory. This means that you can make more informed buying decisions, or maybe buy something that is spiking and be able to sell it while the price is still high. Also, since the fees for Buylist are exactly the same when paired with SYP or not, the per-purchase fee is now paying for the service of getting it added to your inventory as well, not just facilitating the sale.
Are you ready to make the most out of the TCGplayer Buylist? Get signed up for SYP today, and start stocking your inventory with the Buylist.