Inside the World of Icons.com: Authentic Sports Memorabilia, Messi Collectibles & Market Growth

0:00Stop chasing cheap flips and start building generational wealth. The biggest secret in the$400 billion collectibles market is that the higher the price, the higher the demand. Icons.com CEO Dan Jameson joins us to reveal how they maximize the Veblen effect to turn Lionel Messi's memorabilia into a scarcity masterclass, contrasting it with the valuation pitfalls of mass signed legends. All that and more in this episode of Right About Now. Leo signs a contracted small amount every year and supply and demand means the price goes up. But I prefer it that way. I'd rather kind of keep it controlled than mass.

0:37You can't make more money by doing more of it. We see Leo three or four times a year. Can't see him 16 times a year. His hand would fall off. It just doesn't work like that. We concentrate on every signature trying to create the most unique or special or interesting way of presenting it. Not just banging out a commodity that just gets sold every time. This is Right About Now with Ryan Alford, a Radcast Network production. We are the number one business show on the planet with over 1 million downloads a month. Taking the BS out of business for over six years and over 400 episodes. You ready to start snapping necks and cashing checks?

1:15Well, it starts right about now. Hello and welcome to Radcast Network. We're going to talk some names that if you don't know, you should know. I'm really pleased to have Dan Jameson. He's the CEO and co-owner of icons.com. What's up, Dan? Lovely to be here. It's a pleasure.

1:36The hobby and collectibles and all this stuff, we're here to talk the whole gamut. We want everybody's eyes open to all the collectibles out there, all the companies that are out there, and we may or may not bring up one of the most popular athletes on the planet that you guys happen to have the most memorabilia for, as I understand it. Dan, what's going on at Icons? We're always excited. We love what we do. We've been doing it for 26 years now. I took over 16 years ago. It's not all down to me. We've been riding a wave since 1999. We always say we started about four months after Google. Memorabilia has always been my passion.

2:09It's great to put the two things together. Why are we such collecting creatures? I have on my Instagram, it says, as a kid, I collected Panini stickers and now I collect footballers. It literally is what I did as a kid. So I just love it. My wife always says, if little Dan and you're talking to him as a 10 year old, and you were like, what do you be when you want to go grow up? And it would be like, I want to be a football player, obviously. Okay, next level down, what would you want to do? Well, I want to run around the planet meeting my heroes and create amazing things that people love. It's one of those cultural things that connects people.

2:40And it's somewhat some natural human behavior of wanting these relics and pieces of things that remind us of fandom and our fan support of athletes or teams or clubs. And there's something just intrinsically built into our DNA, it seems. Icons has been trading the world's game, as it were. But when you look at our figures, 98 % of our sales are outside of the UK. So we sell to 120 countries around the world. It really is 24-7. It doesn't go dark. There's somebody somewhere is wanting a piece of their heroes, and it's a pleasure to bring it to a big world out there, and there's a lot of sport to go around.

3:20Football. Soccer. It's the number one sport in the world. Yeah, not in the United States where I'm from. What do you explain that phenomenon? I think it's history and tradition. You guys love your sports. They are amazing. They got saturation and coverage and amazing stars. I grew up watching Lawrence Taylor smash people to death. Michael Jordan. They were my heroes. it's you've got good stuff to look at soccer is amazing and super popular and maybe its tipping point is coming i visited the states when started this kind of journey i'm sort of talking about soccer and people aren't that interested i'm in a restaurant people will come out from the kitchen and get really excited because i've got a leo messi shirt the taxi drivers and the locals and the expats and the people who play soccer as kids and it's all kind of bubbling under i think it's got a critical mass now.

4:06Leo Messi, the MLS, the World Cup's coming. There's women's team is the best in the world. You've got a lot going for it. And it's such a big country. There's space for everyone. Talk a little bit about your background, Dan, and building eye-cognizance. Walk us through that journey. Quite a journey. I started off in marketing. I worked in marketing for media brands. Working in all those areas, you got to sort of see each one. And the thing about brands, which I love, is like, basically, I love them too. So if you have to market it, you're basically marketing to yourself. One of the things I wanted to show you, I was the junior in the office, in my marketing office for the Observer Guy Observer newspaper.

4:40And a fax came through, which no one read, old school faxes. And it said, would you like to partner with Panini to recreate sticker albums from all the World Cups? And I'm like running into the boss's office going, we really need to do this. This is amazing. So many years ago with the people I work with, We created the recreation of all the back catalogs of World Cup album. We could add in contemporary match reports, so the actual match reports from the time, and you collected them each week and you put them in a binder and it was great. And in order to go to the Panini Italian vault, they had to go to the vault to check that the films were the same.

5:17So they actually took my genuine child completed World Cup sets to sit there in the Panini vault to put them side by side and say, right, yeah, this is what we're buying. They came back. We recreated it. I've loved it ever since. That is a cool collectible. That's a good one. Not many people can say that one. Nah. At the end, I went for a digital company that was the owner of Icons. Icons is in the basement. And they're like, well, you're a strategist. What would you do with this company? At the time, it was the personal websites of footballers, which is a brilliant idea. But it was about 20 years too early where they could talk directly to their fans and you could get news and updates straight away.

5:53It's like, yeah, it kind of works. But they had a memorabilia shop on the side. That was the thing that had a USP and was tangible and you can really make something out of it. So basically, we redesigned it. We focused on the memorabilia, took more of it in-house and turned it into a retail brand, basically. And then ultimately, they put me in charge. And then ultimately, I bought it out with the founder, Edward Freeman. And we own it and run it today. Talk to me about the clubs and the teams and building the licensing agreements and all the nuts and bolts of that. The best clubs and the best brands are the sort of the best way to communicate with the customers, basically.

6:27So if you are aligning yourself with whoever's the best and the brightest in the game in the first place, that's perfect. So 2010, we became FIFA's first ever licensee for the World Cup. We've had that license ever since. Coming to America, Canada and Mexico next year is just brilliant for us. We've kind of it'll be our fifth World Cup, I think. And we've really learned how to do it now. We've been with the Champions League for 14 years now. So the official memorabilia brand of the Champions League. And then we started working with the clubs as well. We've worked with Liverpool and PSG, Man City, AC Milan.

6:59We currently work with Manchester United and Barcelona and through our partner, Chelsea and Spurs and soon Newcastle. Basically working with the clubs, creating high quality memorabilia, selling it through their channels and talking to their supporters, reuniting them with their icons is brilliant for us. We love doing that. It's an excuse to expand our range of players that we sign. And then we get to find new audiences for our stuff all over the world. You've got him behind you. One of the most popular athletes on the planet. Highly desirable in the memorabilia space worldwide. What an unbelievable player.

7:31What an unbelievable icon. Talk about that journey. We had a guy in Spain called Jesus who was like sort of interconnected to footballers. He's literally like, there is a guy in Barcelona. You got to sign. Come on over. You got to get him. That's why we did a signing with him when he was 17. And you can already tell that this guy is going to be amazing. It's both luck and skill. We picked him and we hung up. We've ridden the curves all the way up to the top. But it's because we're partners with FIFA, I was lucky enough to be at the World Cup final. So I'm there in Qatar. And me and my colleague are wearing Messi shirts.

8:03And everyone around us is like, but you're English. Why would you be supporting Leo Messi? Didn't you have a war against the Argentinians? And I'm like, yeah, we had a hundred year war with the French. That's all right. But we love both countries. Yeah, we're all friends now. It's fine. We love football together. The point was that we explained why we were so invested with Leo to everyone around us. Everyone in the crowd started getting into it with us. I'd say 80 % of the crowd was supporting Argentina. And even the French people thought it was quite interesting. So by the end, as he wins, they're all hugging us and high-fiving us, just going, what a ride this must be.

8:37Like, I've nearly had a heart attack because he won, he was losing, he won, he's losing. It's an unrepeatable, incredible moment where we've been the partner of the World Cup for whatever that was, 12, 13 years. Been the partner of Leo for 20 years. And then it comes together in one magical moment where it all literally, it seems like you're an overnight success. But that is like two decades of graph to get to that moment. And then he wins and you're like, I'm done. Mic drop. That's it. How many jerseys of Messi's has Icons sold over time? Roughly. Roughly, I'd say 50 ,000 in total over two decades.

9:14There's scarcity there because, I mean, there's how many billion people on the planet and you've done it for 20 years and only 50 ,000 out there. It's a rare thing to hold. It really brought it home when, unfortunately, Pele died. I'm speaking to people who have Pele contracts and I'm like, can I get some and stuff? OK, maybe we swap some for Leo. The ratio is probably about eight to one in terms of value. They're like, how can it be? Pele is the greatest player that ever lived, won three World Cups and so on. And I'm like, because you made him sign two million shirts. That's the difference. You worked him for so long, for so much, that actually there is scarcity, but there's not that much scarcity in the world of it.

9:51He signed so many things for decades and decades and decades. Leo signs a contracted small amount every year and supply and demand means the price goes up. But I prefer it that way. I'd rather kind of keep it controlled than mass. You can't make more money by doing more of it. We see Leo three or four times a year. Can't see him 16 times a year. His hand would fall off. It just doesn't work like that. So we concentrate on every signature, trying to create the most unique or special or interesting way of presenting it, not just banging out a commodity that just gets sold every time. The jersey behind you, what is that from?

10:23That is the 2022 World Cup winning shirt. It's a replicast. It's not the actual thing. What's special about it is it's dedicated to me and my two sons. So it's the first time I'd actually got Leo to write something to my kids. That's why it's special. The Diego one is also dedicated to me. So that's why they make it into the office. But I'm a Liverpool fan. All my best stuff is red. And I like Barcelona and that's all red and blue. I had a flat and my girlfriend moved in, now my wife. And she's like, your red stuff just gives me a headache. You've got to take it down. So I put it in the garage.

10:55And then five years later when we moved, all my dedicated products have been destroyed by sort of damp and mold. and it's a good job I'm in the memorabilia industry and I can see those people again. My first ever major signing was Diego Maradona. Working with Diego for sort of 10, 15 years. The story fast forwards to three years ago, I think. Diego is in Buenos Aires and he's got an Icons exclusive worldwide contract, but it's COVID. So we have to send all the things to him and his people are like, yeah, yeah, we got it. It's fine, it's great. Obviously you got to send the money now. We're like, okay, we've dealt with Diego a long time.

11:29We'll send him the money. will trust him that he's going to send it back. First shipment comes back five weeks later and it's brilliant and we sell it. It's astonishing and we've done some amazing things and we've got signing videos and it's fantastic. We do it again, send all the money, send all the products. And then we hear that Diego's gone into hospital because he had a brain operation, I think, beforehand. And then 10 days later, he passes. And I get a phone call going, Diego's gone. And I'm like, oh my God, that's horrendous. But where's our stuff? And they're like, we'll have to check.

11:56It's kind of crazy around here at the moment. And they come back about 10 minutes later with just sit down we're going to tell you what's happened it's like in between his operation and his unfortunate death he was convalescing and he signed our stuff because he'd had a long-term relationship with us and it was all signed in his house and during the bedlam people were like right we're going to put it in the office and lock it up make sure no one takes it or anything goes and all his people worked incredibly hard and made it all happen we eventually got it out of Argentina arrived in the UK and then we got an email saying that British Airways had lost it that was not good this is with two days to go before christmas and then we're like look can you just go and have a look again around heath row try and find it for us and they came back a day later we found it it's all right and then they sent it on a van and the van was delayed and we're like oh my god where is it and the van had broken down and they're on a highway and they had to send another van this thing eventually arrives on christmas eve in our office the people that work in icons are straight honest work hard do what they say and that goes a really long way in sport bet it goes a long way in trading cards and the memorabilia.

13:00If you do what you say, turn up, pay your bills and have long-term relationships, that's a low bar, but that gets you so far because there's so many people with short-termist views, ripping people off, not doing the right thing and all those sorts of things. I have one final point. We love America so much that we've opened up an America. We flew in, we've sorted out a legal company in 48 hours, hired someone, got a distribution, a warehouse. So we're now, we've got a base in Illinois and we've got an American website. We take dollars, can ship overnight into America. We want to bring our great stuff to the American market.

13:33That's awesome. So you hear that overnight, American dollars in the US. Is there a specific, can that be found at icons.com? Yeah, if you go to icons.com, it'll know you're America. So you'll get the special stuff. You can imagine we're now buying shirts off Fanatics, taking it to Leo's house, getting Leo to sign it, shipping it to Illinois, getting it framed. It really is made in the USA. That's amazing. That's awesome. Because he is in Miami. icons is worldwide and now in the u.s along with messy directly so leo and icon bringing soccer memorabilia and all the like here

14:10it's been really fun and cool talking with you appreciate how gracious you are with your time and i really love what you're doing cheers really appreciate thanks to her hey guys you to find us we'll have links to icons.com get out there i know we got a lot of soccer fans they're out there We know you are. And with World Cup, Messi's here, Icon's here. It'll be expanding more and more throughout the states. We're worldwide, baby. So we appreciate you for listening. We appreciate Dan for coming on. We'll see you next time. This has been Right About Now with Ryan Alford, a Radcast Network production.

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