The cgc to start charging dealers an annual membership fee of $199.16658
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the420bandito private msg quote post Address this user | |
Quote:Originally Posted by EbayMafia I nominate EbayMafia for some sort consulting position at CBCS |
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DrWatson private msg quote post Address this user | |
Quote:Originally Posted by EbayMafia I mentioned this to Ricketts some time ago. There needs to be a minimum per tier as well as a dollar minimum. They aren't going to turn away an Action 1 because it's just one book. |
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sckao private msg quote post Address this user | |
No dealers will switch because of this... unless they aren't really dealers anymore anyway. Elite Members already pay more than that for a lower discount (10%). And I bet many Elite Members submit more than many dealers who used to submit but no longer do for whatever reason. The value proposition then isn't really that great for Elite Members when the Dealer Membership is lower with a better discount. |
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HexView private msg quote post Address this user | |
Quote:Originally Posted by beastboy1980 "their tats". |
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Post 29 IP flag post |
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00slim private msg quote post Address this user | |
I think CGC believes they’re too big now to be hurt by any competitor. I doubt there is any strategizing at play, here. This is a cash grab. Nothing more, nothing less. | ||
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00slim private msg quote post Address this user | |
@sckao I first heard about this increase on Facebook when a dealer announced they were done with CGC over this. I think it was a “last straw” situation. | ||
Post 31 IP flag post |
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sckao private msg quote post Address this user | |
They were paying nothing before this for almost 20 years and getting a 20% discount. Now 15%. Meanwhile, I had to pay $299 this past year when I got back into comics after a hiatus to get a 10% discount. So while I understand their frustration, I wouldn't mind being a dealer actually even with the price increase. |
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Post 32 IP flag post |
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DrWatson private msg quote post Address this user | |
I have a dealer account. I don't submit much, but when I do it's 30 or 40 books at a time. I won't keep my dealer account for $199 a year. If I submit any books, it will be under someone else's account. The problem is that I will now have to use another dealer account, especially if I use an outside pressing service. The rub against the cgc is that this move will make it less complicated to just submit my books through CBCS and have them pressed in house. A one stop shop, if you will. I'm not super keen on that idea, so I'll probably not submit anything and thereby keep everyone involved marginally happy except for myself. |
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EbayMafia private msg quote post Address this user | |
Quote:Originally Posted by DrWatson @DrWatson Most definitely any minimum submission size should be dollar based and not quantity based. The higher priced submissions are the most desirable. I'm just saying that any submission that goes through their process and creates the risk of re-work should be worth a minimum of $200-$250. |
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poka private msg quote post Address this user | |
Quote:Originally Posted by beastboy1980 I thought they said the last price hike was so they could hire more people and reduce TAT? |
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Post 35 IP flag post |
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EbayMafia private msg quote post Address this user | |
Quote:Originally Posted by 00slim @00slim I suspect it's more of a filtering tool. In the early days they probably set up thousands of dealer accounts. Since it's free, some of those accounts have probably continued on year after year with little to no business. It's probably a way of telling them to shit or get off the pot. I bet the bigger dealers can get this fee waived with a phone call if they care to. |
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IronMan private msg quote post Address this user | |
@EbayMafia At least one dealer has posted on CGC forums that he asked if - as a high volume submitter - if CGC would waive the dealer account fee. The answer was "no". I find it hard to imagine this as a "filtering" tool for dealer accounts. This is just another area that Blackstone sees an opportunity to make more money |
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beastboy1980 private msg quote post Address this user | |
Quote:Originally Posted by poka he told me its going to ne used to help tot's . its going into putting new things inside in motion to help streamline the growing industry. it was all utter bullshit. cgc to me is just using this as a money grab. i said you just raised prices across the board and already reduced the discount from 20% to 15% to me the new company is just looking to make fast money by doing zero. they know people will use them and secure there cgc account and if so its free money to do zero. |
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Post 38 IP flag post |
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beastboy1980 private msg quote post Address this user | |
cbcs i hope can reduce turn around times to say 12 weeks or so. if they can reduce times they can grab a large market share this year. cgc is leaving a sour taste in peoples minds now all great places fall from grace. and its not like they are inventing the wheel they grade comics. and do even know who there top guys are down there anymore with there current turnover. when i think of cgc i think of steve borock from the early years . to me steve gave me the confidence to send in. who are they now nobody really nknows cgc is prime for a peg knock down |
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Post 39 IP flag post |
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GAC private msg quote post Address this user | |
This is a calculated move. The decision makers know that adding this fee will push some dealers away but the the revenue it produces outweighs the lost revenues. CGC will increase their bottom line as a result. | ||
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HAmistoso private msg quote post Address this user | |
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Post 41 IP flag post |
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beastboy1980 private msg quote post Address this user | |
i wonder how busy they really are. one reason is cgc trying to gamble and think they will cash in big time with this move. and even if they do get money up front i wonder how much less orders they will still get. to me i think its a bad move by CGC. times are tough. covid is still here. the markets are not to steady. i think its a bad move right on the heels of a price hike. |
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beastboy1980 private msg quote post Address this user | |
Quote:Originally Posted by WMorse all this and more for only $200 and turn around times are a year |
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Post 43 IP flag post |
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IronMan private msg quote post Address this user | |
Quote:Originally Posted by xkonk Dealers were actively courted back in the day. When CGC opened free grading coupons were offered to many dealers. For 20 years, CGC has recognized that Dealer Accounts sent in a lot of books and influenced other people to use CGC. So dealer accounts were free until now. With the expectation and requirement that one be a dealer and send in a minimum number of books - though the minimum was never clearly defined. If people running CGC have some $$ amount they are trying to add to gross sales, they could simply made tiers still 50 cents or a buck more. Reducing the discount for Elite and Dealers and then implementing a yearly fee for dealer accounts clearly says they no longer place as much value on their very best customers as they used too. |
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beastboy1980 private msg quote post Address this user | |
this is what it looks like on my cgc its the mafia waiting for my payment Membership Status: Awaiting Payment Payment Due: 2/18/2022 |
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Post 45 IP flag post |
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beastboy1980 private msg quote post Address this user | |
i feel like dating the check for 6 months and say you can cash it when you grade my last order | ||
Post 46 IP flag post |
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GAC private msg quote post Address this user | |
CGC is in a position where they believe the customer needs them more than they need the customer. They've implemented bully tactics with their competitors and now its directed at their customers. This is certainly not the last time they will change pricing. |
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Post 47 IP flag post |
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GAC private msg quote post Address this user | |
Alot of people still place a premium on CGC books. If CBCS could get control of their TATs, that might be enough to make loyal CGC customers switch. CBCS would need to do this fast though. | ||
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Pre_Coder private msg quote post Address this user | |
Quote:Originally Posted by GAC THIS! |
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Post 49 IP flag post |
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DrWatson private msg quote post Address this user | |
Quote:Originally Posted by GAC May be but I have been blown out of the water lately on the CBCS books I have bid on at auction. The last one sold for $300 more than the last sale on GPA of the cgc graded equivalent. |
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poka private msg quote post Address this user | |
Quote:Originally Posted by GAC Registry is the key |
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Post 51 IP flag post |
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DrWatson private msg quote post Address this user | |
Quote:Originally Posted by poka The Registry turned worthless lumps of coal into sought after diamonds. |
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Post 52 IP flag post |
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Towmater private msg quote post Address this user | |
Quote:Originally Posted by beastboy1980 Does your TAT start when the item is shown as being delivered or after it is opened and entered into the system as being received? |
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Post 53 IP flag post |
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drchaos private msg quote post Address this user | |
After switching over to CBCS years ago it doesn't look like CGC is trying very hard to get me back. | ||
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00slim private msg quote post Address this user | |
Quote:Originally Posted by Towmater When it’s in the system, I believe. |
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