Selling Legos can be an extremely profitable and fun business. You can be up and running in as little as one day with only moderate start-up costs. I have been very successful selling Legos and you can be, too! since it's so easy to create your store, and it's free!You may think it's silly, but people here are serious about thier Legos and they pay serious money to get the Legos they need. Trust me, I have made a ton on money selling on this website. Here is what you'll need to do to start your Lego business: 1) Go to either your local store (ie. and begin ordering or buying Lego sets that look interesting to you. After time and research, you will begin to learn which parts and figures draw the highest prices. 2) You'll want to purchase sets in multiples (5 or 10) work well because it will be faster to list in your Bricklink store and easier to keep inventory. 3) Sort your Legos in containers with multiple bins and keep them sealed in baggies. The customers on this site are picky and want their legos to be NEW.
Label the baggies with the type of brick or lego (ex: 2x2 brick or 4x6 plate) so it's easy to fill your orders. Once you get started, you will see what I mean. The website is very easy to use and as long as you keep your inventory organized you will have a successful and fun business. It's a great extra income or a super business for kids! I was making about $5000 per month selling on this site! Stay organized, this is the most important thing to remember! Check your business email regularly, don't fall behind in your orders! Buy Legos when they go on clearance at your local store! Don't let your Legos get dirty!The customers get nasty sometimes but just let it slide. Don't put off shipping, be quick and your feedback will pay off quickly! You May Also Like Since their introduction in 1932, LEGO products have become some of the most recognizable and popular toys around the world. Successfully starting a small business requires answering as many questions as possible before you open your doors rather than tackling problems after...
There are two ways to sell LEGO brand products. The first is to sell the building-block toys through a third-party store. Your key to recycling LEGO® bricks and components lies in the toy's widespread appeal, durability and reusability. LEGO materials, which are made... Are You Really Getting A Deal From Discount Stores? How to Open a Toy Store The Salary of a LEGO Designer How to Buy a Toy Franchise How to Open an Outlet Store How to Calculate a Mark-Up Price How to Start an Email Marketing CampaignBusiness has been so brisk at the world’s most profitable toymaker that Lego last year did something unusual: It began looking for ways to discourage customers from buying its products. The Danish company scaled back its advertising efforts amid a 25 percent rise in annual sales, according to Reuters. It simply couldn’t make enough toys to satiate demand in North America, and needed a break while it boosted capacity at its factories and increased its workforce by nearly 25 percent.
“We feel we need to invest, to build some breathing space,” John Goodwin, Lego’s chief financial officer, told Reuters. Lego, a family-owned company founded in 1932, has enjoyed booming growth for decades. The company has released thousands of sets of its eponymous blocks, forging licensing deals with popular brands including Star Wars, Angry Birds and Disney Princesses. It has also taken on iconic architecture: A model of the U.S. Capitol building is for sale on Lego’s site for $99.99, while a White House set sells for $49.99. A replica of the Ghostbusters firehouse, meanwhile, is listed for $349.99. The company’s dominance has also extended into the company’s six Legoland theme parks, 125 retail stores and dozens of video games. The Lego Movie, a full-length movie released in 2014, brought in $468.1 million at the box office. The company’s revenue has increased by an average of 15 percent a year in the past 12 years, according to Reuters. The efforts to quell demand seem to have worked — at least temporarily.
Sales in the Americas remained flat during the first half of 2016, according to Reuters. (Revenue in Asia and Europe, meanwhile, continued to grow by double digits.) Overall, Lego’s revenue rose 11 percent to roughly $2.35 billion in the first half of the year, ahead of the $$1.83 billion reported by Mattel, the maker of Barbie. But executives at Lego are hoping to ramp up production in time for this year’s holiday season, Goodwin said: “We are working very closely with our retail partners to ensure that as we go into the important holiday season, the back half of 2016, that we’ve got all of the levers pulled to get back on the growth trajectory.” The company is buildings its first factory in China, and is expanding existing plants in Mexico, Hungary and Denmark. Lego also hired 3,500 employees in the first half of the year, increasingly its workforce to 18,500, according to the Wall Street Journal. “In the past decade we have seen LEGO sales growth in the double digits year after year,” Goodwin said in a statement in October.
“We are of course very excited about this development. [But] the high demand also puts a strain on our factories around the world.” Barbie’s other big image problem A tiny Lego version of Galileo rode on a NASA probe all the way to Jupiter American Girl’s pint-size antidote for its multimillion-dollar problemLego CEO Jorgen Vig Knudstorp has told CNBC that China offers "a unique opportunity for growth," claiming that his firm is well-positioned to become the country's number one toy brand. His comments come as the Danish toymaker prepares to step up its operations in China. Lego will open its largest retail store in the world near Shanghai later this year and is due to complete work on its first Chinese factory in 2017. The toymaker faces a myriad of challenges as it tries to grow sales in the world's second-largest economy. Lego sparked controversy back in 2015 when it refused to sell in bulk to dissident Chinese artist Ai Weiwei, with critics accusing the company of not wanting to wrong-foot the Chinese government.
Rebuffing those claims, the Lego CEO gave his explanation for why Ai Weiwei's original sales request was denied, saying: "We've seen people building concentration camps out of Lego and pictures of the Prophet Muhammad." "We noticed a huge sensitivity to so-called 'political topics' and in this case one of our staff members in Australia found the purpose suggested by Ai Weiwei was too sensitive and so the order was refused," he added. Lego has since changed its policy and no longer requires customers buying in bulk to specify how they're going to use their bricks. Political sensitivities aside, Lego is aware it needs to bridge cultural divides to gain market share in China. A key part of Lego's appeal for western parents is its educational value. However, the concept of "learning through play" isn't so well-established in China. In a bid to change attitudes, the Lego Foundation is pouring millions of Danish krone into research focusing on the cognitive benefits of play.
The foundation funds "Lego professors" and is partnering with a leading Chinese university "to support creativity and play in Chinese schools," according to a press release in January. As part of Lego's plans to grow sales in China and Japan, it's also updated its play kits to include more Asian characters and settings. Its revamped it "Ninjago" range - featuring dragons, ninjas and a tea-drinking sage. Lego is aware, however, that small-scale product updates won't be enough to assure its success in China, one of the world's most advanced markets for online gaming. When asked if Lego would consider launching a virtual reality product, the company's CEO replied "absolutely". While stressing that Lego's plastic bricks remain the company's core product, Jorgen Vig Knudstorp said he saw huge opportunities in developing the group's range of apps and mobile games. Lego's multifaceted approach to expanding into China helped it notch up double-digit sales growth in the country last year.