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PowderBlue

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Posts posted by PowderBlue

  1. It's called Fair Market Value... the price vaires depending on avaliablity and demand.. If you have something priced to high most customers won't buy till the price comes down. It goes hand in hand with the golden rule. 10% of your customers are golden (they drive your sales) they give you 90% of your profitt. The other 90% (they are the ones that haggle the most on the price or wait for it to go on sale) customers just move the inventory. Sit on your inventroy to long it gets old and the golden customers start over look it.. One hazard of over pricing ( and their are several) when the price comes down the Customer that paid full price will feel over charged and you may lose the 10% customer base that pays the bills. This is a major reason most business fail with in the first 1-2 yrs. IMHO but what would I know just 18 years as a business and finance manager just saying. Rant Over.

     

    perfect example of Fair Market Value "how I agree with this 100% haha!! I'm with noob if the price I feel is fair I pay it" (and these are the golden customers)

     

    I understand and totally agree. I've managed multiple stores, had to drive sales, while keeping the gross profit dollars at a reasonable end number. Much easier said than done. Especially with today's economy. Most stores I go to have very similar pricing so most places seem fair to me. Just want people to take a step back and really look into the hobby before they get their feet wet lol

  2.  

    Agreed, but we now live in a world where common sense no longer exist and most poeple just don't get it.

     

    Lol oh how I agree with this 100% haha!! I'm with noob if the price I feel is fair I pay it. If not I just pass on the little guy, or coral, whatever it may be

  3. I agree but the last time I was in upscales a guy asked for literally half off then complained because they wouldn't make the deal. Look at it like this, if you owed a biz, would you take half of what your asking? If your spending 200 bucks and ask for like 20 bucks off that's not so bad, but buying a 20 dollar fish and asking to pay 10 is a bit much.

  4. Seems to me every time I go in the LFS, any of em I go to, I hear someone bickering about the price, trying to widdle the owner down, complaining how expensive of a hobby this is. Trying to work out a "trade." I understand money is tight for a lot of people, but we are keeping living creatures! If you can't afford a water change or the correct things to keep these fish, corals etc healthy, please give someone else the chance to buy it and give it the proper care. LFS owners are not in this to run a charity, they are business owners trying to make a living just as we are! I wish some people understood how hard and time consuming our hobby is before they dive into it. Kill countless animals, then "get sick of it!"

    Rant over.

  5. Id like to stop by and help out any way i can! Im off sunday and monday and out of work usually around 5:30 ill swing in sometime soon and lend a helping hand! Its awesome to have something 5 minutes from home for my family to come and enjoy!

  6. We both ready basically do this out of our garage haha, I agree there is a market for it. But I don't think enough of a market to justify a rental space. The unfinished room would be perfect, no rent, pretty much no overhead because of how we have figured out how to make it work. I would go for it. Hell I have enough stuff in my garage and third bedroom to stock half the stuff lol. Go for it man! If I had more time I'd be buying stuff left and right. With the newborn it makes it rough.

  7. Some pics of the new addition, couldn't get rid of

    Him he's just too cool.

     

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    Ate today and seems extremely happy in his new home! Wife named him egore

    post-8871-141867762758_thumb.jpg

    post-8871-141867762761_thumb.jpg

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