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The "I don't buy Coins from coin dealers at shows and stick to online buying" thread
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<p>[QUOTE="geekpryde, post: 1992156, member: 36248"]I agree with you, but at the same time, the opposite point can be made. The internet allows Great dealers to sell not only in their own backyard and at shows a few times a year, but to EVERYONE, EVERYWHERE. </p><p><br /></p><p>As I have said in the past, the <u>great dealers</u> will find the correct balance between in-person deals at shows and stores, sales to regular customers (want-lists, on-approval, etc), and sales to random internet buyers. </p><p><br /></p><p>Newer tools like a good website with a shopping cart, an eBay presence, good photography, <u>can and should</u> be combined with the old-school tools of a good personality (friendly, outgoing, helpful), good character, good prices, willingness to make the deal work (trades, layaway, etc), branding (logo, business cards, newsletters, etc), good written coin descriptions, etc.</p><p><br /></p><p>Bad dealers will go away, good dealers stay in business (maybe), and great dealers will find the change in buying habits from us younger collectors will mean a vastly larger pool of potential customers, both one-offs and dedicated repeat business. </p><p><br /></p><p>The great dealers will be able to place coins with eager collectors, at prices that make both parties happy, yes, probably with smaller buy/sell spreads, but also less time for coins sitting in inventory. </p><p><br /></p><p>A smart dealer will take the best of the old ways combined with the best of the new ways, and prosper. <b>No reason this new-age has to only benefit collectors/ buyers.</b>[/QUOTE]</p><p><br /></p>
[QUOTE="geekpryde, post: 1992156, member: 36248"]I agree with you, but at the same time, the opposite point can be made. The internet allows Great dealers to sell not only in their own backyard and at shows a few times a year, but to EVERYONE, EVERYWHERE. As I have said in the past, the [U]great dealers[/U] will find the correct balance between in-person deals at shows and stores, sales to regular customers (want-lists, on-approval, etc), and sales to random internet buyers. Newer tools like a good website with a shopping cart, an eBay presence, good photography, [U]can and should[/U] be combined with the old-school tools of a good personality (friendly, outgoing, helpful), good character, good prices, willingness to make the deal work (trades, layaway, etc), branding (logo, business cards, newsletters, etc), good written coin descriptions, etc. Bad dealers will go away, good dealers stay in business (maybe), and great dealers will find the change in buying habits from us younger collectors will mean a vastly larger pool of potential customers, both one-offs and dedicated repeat business. The great dealers will be able to place coins with eager collectors, at prices that make both parties happy, yes, probably with smaller buy/sell spreads, but also less time for coins sitting in inventory. A smart dealer will take the best of the old ways combined with the best of the new ways, and prosper. [B]No reason this new-age has to only benefit collectors/ buyers.[/B][/QUOTE]
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