As fellow used tool dealers we get what is important to other dealers and have looked at this long and hard at how to best serve the needs of other dealers.
We are in the fortunate position of having a successful used tool website and it came through lots of hard work and additional knowledge which few will have regarding the web and business. I’ve had to earn the right to be where we are today and its taken over 20 years to gain the extra experience needed along with a whole load of studying on top of learning about antique and vintage tools. I’ve also had a career in the trades working as a sub contractor for many years so have many skills and good with my hands which has been invaluable with how we got here.
This by no means a put down but instead to give some idea of what we have done to get this far.
Many dealers will want to be the same position but its important to understand what’s behind our success and it’s not something money alone can achieve. My father was a successful used tool dealer neither rich nor poor and there were others more successful than him but this didn’t stop him making a living from it.
One thing that was important to him was contacts and access to turn those rare finds into more stock and more profits. He was fishing in the wrong pool so to speak and today many dealers use eBay and have to choose between adding lower fixed prices or placing them on auction to get them sold. Ebay auctions can be erratic as they never gain a full audience and buyers often miss the end when auctions finish. We do know a bit about eBay whilst i mention this, having initially walking away from it in 2006 with a 35,000 positive feedback rating, yes we were powersellers and featured center pages in the Daily Mail, as ‘ePay’. It seems a lifetime away now but we know the problems the place causes people.
A quick pound is better than a slow two, my father was an advocate of this and turn over is paramount to weekly profits so there were times he moved things on knowing there was more profit to be had but that took ‘time’ which most dealers don’t have. Traditional specialist tool auctions are usually held every 2-6 months here in the UK so this wan’t an option for him but what if they were held every month? I’ve asked him and that would have been a great help. A monthly auction would mean lot less for buyers to trawl through and on a specific date which is easily remembered I.E. the 2nd day of the month.
I’ve always said dealers are the lifeblood of any industry and we can’t be everywhere at the same time. We can help other dealers sell their antique and collectable finds and at preferable rates of commission if they contribute regularly. This would require us to handle the presentation and transaction and all the aftermath of postage and payments etc and send the dealers a simple payment.
If prices are good because we do things right here and had a great selection of antique tools this has to benefit everyone involved. We are reputable and there are others too who equally value their reputations, these are the dealers we want to work with.
We won’t be of help to some dealers though, those who have little regard for customers, there won’t be any opportunities to dupe customers with defects and misleading descriptions. Passing off something that isn’t wouldn’t get listed, welded tools, incomplete and Frankenstein tools would all be rejected. I guess then the only opportunity would be listing them on eBay which currently holds much of this anyway.
So it’s not any dealer but the right sort we will help.
Get in touch and ask for Steve.