Funko Pop figures have taken the world by storm, captivating collectors and enthusiasts with their adorable designs and vast range of characters from movies, TV shows, and pop culture icons. While many individuals collect Funko Pops for personal enjoyment, others have discovered an exciting opportunity to turn their passion into a profitable venture through reselling. In this blog post, we will delve into the world of reselling Funko Pop figures and provide you with some valuable tips to help you navigate this growing market successfully.
Identify Valuable Pops
The first step to becoming a successful Funko Pop reseller is to familiarize yourself with the market. Conduct thorough research to identify which Pop figures are highly sought after and have the potential to fetch a premium price. Factors such as exclusivity, limited edition releases, and popular characters can greatly impact a figure’s value. Here are some recently sold Funko Pops on the Mercari platform:
Sourcing
- Local Retail Stores: Regularly visit local retailers such as comic book shops, toy stores, and large retailers that carry Funko Pop figures. They often receive new releases and restocks, giving you the opportunity to snag valuable items.
- Online Marketplaces: Utilize online platforms like eBay, Amazon, and dedicated Funko Pop marketplaces to find rare and sought-after figures. Set up alerts or follow specific sellers to stay informed about new listings and potential deals.
- Funko Pop Conventions and Events: Attend conventions and events dedicated to Funko Pop figures, where you can find exclusive releases and meet fellow collectors. These events provide a treasure trove of opportunities to expand your inventory.
- Thrift Stores & Garage Sales: If you enjoy thrifting, you will most likely come across some pops while you’re out. Keep an eye out for Pops in good condition in and out of the packaging.
Stay Updated with Release Information
Being aware of upcoming releases is crucial for reselling success. Follow official Funko social media accounts, join mailing lists, and monitor websites that announce new figure launches. By staying ahead of the curve, you can secure sought-after Pops before they become widely available, maximizing your potential for profit.
Understand Pricing Strategies
Determining the right price for a Funko Pop figure requires a blend of market knowledge and intuition. Consider factors such as rarity, demand, condition, and previous sales history. Research the prices at which similar Pops have sold to gauge the market value accurately. It’s essential to strike a balance between maximizing your profit and maintaining a fair price that attracts potential buyers.
Here are some websites where you can look up the value of Funko Pop figures:
- Pop Price Guide (poppriceguide.com): Pop Price Guide is one of the most popular resources for tracking and valuing Funko Pop figures. It provides a comprehensive database of Pops, along with historical pricing data and a marketplace for buying and selling.
- Funko App (funko.com/funko-app): Funko has an official app that allows you to catalog your collection, browse through the latest releases, and access pricing information. It also provides a platform for trading with other collectors.
- eBay (ebay.com): eBay is a widely-used online marketplace where you can find a vast selection of Funko Pop figures. By searching for sold listings, you can get an idea of the current market value for specific Pops.
Remember, while these websites can provide valuable information, it’s essential to cross-reference multiple sources and consider the condition, exclusivity, and demand for a Pop when determining its value.
Mint Condition vs. Open Packaging
Funko Pop collectors value figures in pristine condition. To maximize the value of your Pops, handle them with care, and store them in protective cases or boxes. Use bubble wrap or packing material while shipping to prevent damage during transit. Maintaining the integrity of the packaging and ensuring the figure remains undamaged can significantly impact its resale value.
That said, many Pops will still sell online without the packaging or “loose”. If you come across any loose Pops on your sourcing trips, or you no longer have the packaging for your own collection, they are still worth looking up and pricing accordingly. While the box is a big part of collecting, many collectors don’t care about the packaging and will still purchase Funko Pops in good condition for their collections.
Continuous Learning and Adaptation
The Funko Pop market is dynamic and ever-evolving. Stay updated with the latest trends, popular franchises, and collector preferences. Keep an eye on emerging markets, such as international exclusives or regional releases.
Conclusion
Reselling Funko Pop figures can be an exciting and profitable venture for collectors. By understanding the market, sourcing valuable figures, building an inventory, pricing appropriately, and effectively marketing your collection, you can turn your passion into a lucrative business. With dedication, research, and a deep appreciation for the Funko Pop community, you can embark on a successful journey in the world of reselling Funko Pop figures.
