Difference between revisions of "SportsBuy"

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(New page: In December of 2001, NAXCOM, one of the country’s largest promoters of Sports & Collectible Shows, launched an On-line Marketplace modeled after the stock market. Only a few years later,...)
 
 
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In December of 2001, NAXCOM, one of the country’s largest promoters of Sports & Collectible Shows, launched an On-line Marketplace modeled after the stock market. Only a few years later, NAXCOM has become the fastest growing Sports & Collectibles Marketplace on the Internet (according to Alexa) with 3,300,000 user listings (10X more than the category at eBay) and 85,000 registered users as off 5/13/2005.
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'''SportsBuy''' (formerly NAXCOM) was the world's largest dedicated marketplace for sports collectibles. During its run, the website had several million transactions generated by over 200,000 registered users.  
  
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NAXCOM operates on a 'bid/ask' principle. Buyers looking for an item can buy for a listed price if available, or post a bid (buy offer) and put a value on what they are willing to pay for said item. Conversely, sellers can sell their item to a listed buy offer or post a sell offer of their own for their desired asking price. Each item has its own book id which is its unique identifier and links it to other items with the same description. The payment process has escrow like features so that both buyer and sellers have protection. NAXCOM guarantee's buyers receive the item they purchase. These features are some of their main competitive advantages. Their customer service is also readily available through a variety of methods. They include, telephone, live help and email.
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The firm started in the early 90s promoting card shows in the Southern California area. In December of 2001, the firm launched NAXCOM (The National Automated eXchange Collectibles On-line Marketplace) an On-line Marketplace modeled after the stock market. In just a few years, NAXCOM became the fastest growing Sports & Collectibles Marketplace on the Internet with 3,300,000 user listings (10X more than the category at eBay) and 85,000 registered users as off 5/13/2005.
  
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In addition to its on-line exchange, NAXCOM is still promoting Sports & Collectible Shows and is one of the country's largest. NAXCOM has recently expanded its shows nationwide from Southern California to Hawaii, Kansas City, Philadelphia, San Jose, Denver and Las Vegas. A regular venue in Southern California is the Hollywood Park Show.
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In 2006, SportsBuy acquired [[ThePit.com|thePit.com]] from Topps for an undisclosed fee, but later spun it off.
  
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NAXCOM’s trade shows and online marketplace are very similar, whereby NAXCOM is neither the buyer nor the seller, but rather the venue where dealers and collectors buy and sell merchandise. NAXCOM has many firsts to its name and has established itself as a innovator and leader in customer service.
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On April 30, 2014, SportsBuy.com was closed.
  
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NAXCOM stands for “The National Automated eXchange Collectibles On-line Marketplace”.
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[[Category: Card Companies]]
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NAXCOM can be found at www.naxcom.com.
 

Latest revision as of 16:06, 5 February 2015

SportsBuy (formerly NAXCOM) was the world's largest dedicated marketplace for sports collectibles. During its run, the website had several million transactions generated by over 200,000 registered users.

The firm started in the early 90s promoting card shows in the Southern California area. In December of 2001, the firm launched NAXCOM (The National Automated eXchange Collectibles On-line Marketplace) an On-line Marketplace modeled after the stock market. In just a few years, NAXCOM became the fastest growing Sports & Collectibles Marketplace on the Internet with 3,300,000 user listings (10X more than the category at eBay) and 85,000 registered users as off 5/13/2005.

In 2006, SportsBuy acquired thePit.com from Topps for an undisclosed fee, but later spun it off.

On April 30, 2014, SportsBuy.com was closed.

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