SportsBuy: Difference between revisions

Latest revision as of 19:35, 14 August 2024

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 May 13th, 2005.

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

On April 10th, 2014, SportsBuy.com was closed.

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-'''SportsBuy''' (formerly NAXCOM) is the world's largest dedicated marketplace for sports collectibles with several million transactions generated by over 200,000 register users. SportsBuy features thousands of the top sports collectible sellers in the world with a combined 17 million plus sports cards, memorabilia and other sports collectibles via both fixed priced and auctions.
+'''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.
+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 May 13th, 2005.
-SportsBuy 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. SportsBuy 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.
+In 2006, SportsBuy acquired [[ThePit.com|thePit.com]] from Topps for an undisclosed fee, but later spun it off.
-In 2006, SportsBuy acquired [[ThePit.com|thePit.com]] from Topps for an undisclosed fee.
+On April 10th, 2014, SportsBuy.com was closed.
 [[Category: Card Companies]]