Opening a baseball card shop is thought to be a thing of the past by many. The truth is, it is still a viable business if you are smart about it and take the time to do your homework. The key is to have a plan going into day one, and executing that business plan correctly.
Things You'll Need
- Store Front
- eBay Account
Before The Doors Open
Scout the competition in your area. A baseball card shop simply can not have a ton of competition and make money in a small area. If there are more than two card shops within five miles, then look in another area for your store front.
Pick a store front that has plenty of walk-in traffic possibilities. Try to get a store front that faces a major road, or that is located within a mall setting.
Gather your inventory and organize it. If you cannot find the cards you wish to sell, then you have no chance of succeeding in a card shop business.
Purchase locking showcases that can show off your cards and still keep them safe. Shoplifting is a serious problem in baseball card shops, so security is important.
Obtain your local permits and licenses so that you are legal to open the doors. You can get these at your local courthouse.
Purchase a good computer and baseball card collecting software. This will prove absolutely invaluable to you over your time as a shop owner by keeping you organized, and opening other earning avenues.
Once The Doors Are Open
Throw a big grand opening party. This party should offer a local sports celebrity if possible, and plenty of bargains aimed at bringing in collectors. A first impression must be positive for your card shop to prosper.
Concentrate your efforts on building repeat business. With collectors, this means going the extra mile to find cards, completing sets and offering many levels of pricing for various budgets.
Supplement your income by utilizing eBay to sell your cards. This is a wonderful way to not only make the extra money needed, but to obtain cards you might otherwise not be able to get. This comes in handy when filling want lists at your shop.
Attend all the local card shows and trade conventions. A baseball card shop must use every tool at their disposal to make it in today's market. Card shows allow you to network and make extra money as well.