Post by Gum Stick on Apr 12, 2013 17:29:45 GMT -8
Better Sports Card Market Analytics & Price Guide
We have spent years analyzing the factors that determine card online buying trends and viewed data across many millions of listings for sports card singles. We index and normalize the data across hundreds of online marketplaces/stores for sports cards. After the data set is collected, our pricing formula then considers the following key pricing indicators and applies appropriates weights to determine a price: •number of sales, sale values, and shipping charges
•population dynamics of the card's availability on the market
•ratio successful sales vs. times item offered within given period
•sales in fixed price vs. auction formats
•recent sales vs. historical trend data
•condition of the card
•time of day/week/month/year when item is offered and when sale/auction/listing completed
•length of time the item is offered before selling
•standard deviation of sales and price elasticity
Our pricing formula was created using a form of Artifical Intelligence that can continually optimize its algorithms as more data points become available. It allows SportsCardDatabase.com users to take advantage of an unprecedented real time view into the sports card secondary market.
We have spent years analyzing the factors that determine card online buying trends and viewed data across many millions of listings for sports card singles. We index and normalize the data across hundreds of online marketplaces/stores for sports cards. After the data set is collected, our pricing formula then considers the following key pricing indicators and applies appropriates weights to determine a price: •number of sales, sale values, and shipping charges
•population dynamics of the card's availability on the market
•ratio successful sales vs. times item offered within given period
•sales in fixed price vs. auction formats
•recent sales vs. historical trend data
•condition of the card
•time of day/week/month/year when item is offered and when sale/auction/listing completed
•length of time the item is offered before selling
•standard deviation of sales and price elasticity
Our pricing formula was created using a form of Artifical Intelligence that can continually optimize its algorithms as more data points become available. It allows SportsCardDatabase.com users to take advantage of an unprecedented real time view into the sports card secondary market.
