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A.I. Will Change Grading & The Hobby Forever

A.I. Will Change Grading & The Hobby Forever. We talk grading, buying, selling, even tips to protect yourself, BONUS Music Topic at the end of this latest episode of “Sports Card Madness“
Subscribe to see more content with Hall of Famers, CEOs and Wild Collectors in the Hobby.

https://youtu.be/udVjSCa-X9M?si=yHWikPMxwa7SxkZm

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Customer Service: A Marked Improvement with Topps/Fanatics

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The past year, @Fanatics has been busy launching new ventures such as Fanatics Live and the events business, but one core staple of the business has been vastly improved: customer service.
The customer service line for Topps, specifically, has seen effort made to expand the number of live reps on the toll-free line, so when a consumer calls, a real human actually picks up the phone to talk about it. The call center functions have been decentralized from just Texas so a team of reps around the country can all answer, and have access to part of the back-end database for, in this example, redemptions.
@MichaelRubin has been public about his disdain for redemptions. "“I heard from so many customers about redemptions,” Rubin told talk-show host Colin Cowherd recently on The Volume. “We hate when we get a redemption. You buy a box of cards and you get a redemption because it was too difficult to get the autograph on the card when they made it. So I think the industry works that way.
“We are looking to say, ‘that is not acceptable.’ So many collectors hate it. We’re saying, ‘how do we eliminate it?’ The mentality is, we need to do better.” (https://sportscollectorsdigest.com/news/sports-card-redemption-cards-autographs-michael-rubin-fanatics)
And his company has backed it up.
There are significantly fewer redemptions in 2023 Bowman Draft compared to 2022 Bowman Draft, and redemptions are actually...being filled! Yes, this is not a novel business concept of giving people what they want, but it's basic blocking and tackling.
Now Topps can take this one step further. Enable the folks who answer the phone to have access to more data (as they used to have before de-centralization). When a consumer asks "What's happening with my Gavin Cross 2022 Bowman draft gold auto redemption," the answer should go beyond "no update." Conversations with a status update "It's out for signing/it's back from signing but in QC/it should be shipped within the next four weeks" would be a terrific step to help engender trust and an answer to the question that drove the phone call to begin with.
It's customer service 101: give the consumer what they want. In this case, a real answer. Basic stuff. Consumers will be happier when they get an answer that help sets expectations, and it'll be reflected on social media posts over time. (Oh, and eliminating putting redemptions in boxes really helps, too. #JustSayin)
Hey Topps, you've come this far with improved customer service: how about one step further?

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How Fanatics is jamming the hobby

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Hey @fanatics @michaelrubin , the promise of buying @topps has been improved product, fewer redemptions, and flow. And sure, the F1 season starts March 2, and sapphire launches on March 1, but this is a forced launch given F1 Chrome launched today. Where's the flow management?
Launching two products within two weeks in the same genre (not even talking Dynasty here) is sub-optimal for collectors, breakers, and LCS. In other words, for the hobby.
This comes on the heels of Bowman Draft/Topps Heritage/Bowman Black/Bowmans Best stacked on top of each other during an inane holiday rush.
This means consumer spending is crunched, and will have to impact sales flow. Day 0 for F1 Chrome was a new experience on @fanaticslive , but let's see how the pace of fills continues on Days 1-5, and 6-10. F1 fans may quickly turn the page toward Sapphire and means inventory levels of F1 Chrome will flip the conversation from the launch window to "the art of the long view" and "long tail" discussions.
And this is without even getting into pricing. F1 sapphire at $259/box at launch last year, and Montgomery club sales this year already at $389/box but value prop not easily or clearly defined beyond (hopefully not sticker) autos.
The opportunity is there, but the execution needs attention. The promise and upside of what Fanatics can bring to the table is great news for consumers, but the message gets muddled when the product car crashes happen. (Insert your own Crashtifi joke here. lol)
Sincerely, P.J.

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