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![]() "NetMax" wrote in message ... "Rick" wrote in message ... "NetMax" wrote in message ... "Rick" wrote in message ... "NetMax" wrote in message ... "Rick" wrote in message ... I agree with Rick. Your most important parameters are... snip NetMax as usual another well written response.. snip Rick I'm just more wordy than you are ;~) If you don't mind my asking, at what size do you find that the Krib fry transport well and what compensation do you get from the LFS? I had a fellow offer me one month old fry, and he wanted a couple of bucks apiece. I told them I'd give him 50 cents apiece in credit (to use for store purchases) when they were 3 months old. I'd really rather not have taken them, as their size demands a separate tank ($$) and they wouldn't be marketable for a few months (more $$ lost in food, care and lost tank space), but I like to help out hobbyists (who sometimes get annoyed that I seem so cheap). Sometimes I'll put fry in plant tanks (and they slowly disappear, inadvertently getting sold with plants ;~) I usually try to dissuade people from selling me their fry, by telling them that they should take them to the local aquarium society's monthly auction (put them back into the hobbyists pool), but I think they find some unsuspecting LFS who doesn't have much business acumen and probably kills them off anyways. NetMax I do take a lot of fish to our aquarium society however just about everyone has the fish or has had them. Some of the stores I deal with give me 50% of their retail price of what ever fish I'm selling. These Kribs are 3/4" , some maybe a bit more and a few a bit less and they are going for $1.50 each to the store. The main store I deal with and not the one that bought the Kribs gives me credit which is good for both of us as he get's the fish at 50% of what he sells them for and I pay retail price for anything I buy using my credit less my 10% discount they offer to Aquarium Society members. If I grew the Kribs out to a 1 1/2 or so I would expect to receive about $3.50 each on credit. Rick Thanks for the feedback. I'd never make any money giving 50% retail. After labour for isolation, handling, food & care, and some mortality, the best I'd do is break even, so I guess, from the customer's perspective, I am cheap. However, being a frugal buyer translates into lower retail costs. I could easily sell 1-1/2" Kribs for $3.50 cdn and still make a profit if I buy from the right supplier at the right quantity. I've had wholesalers try to sell me fish at the same cost I was retailing them! This is a very 'fishy' business ;~). NetMax most of the retailers that buy fish from hobbyists only take those that they can turn around very quickly, ie: Electric Yellows and Blue's, livebearers the usual trade varieties. I took 5 Bala Sharks, all 5" + a couple of weeks ago and got $12.50 each on credit. I have taken Malawi cichlids, medium to large size and get $10.00 apiece. Convict's some will take, others will take but give nothing for them. Kribs sell in LFS around here anywhere from$7.99 to $9.99 each. If you have grown them out to breeding pair size then from some stores we can get a pretty good price, ie: a trio of Electric Blue's proven breeders will sell for $60.00 at one store and he will give $30.00 to buy them. These fish seldom stay in the store for more than a couple of days. The larger store around here that I deal with usually will buy if he is in between orders or getting low on a particular type of fish. The benefit for them is that I keep coming back and using up that credit . Same deal with plants, 50% of retail. Rick |
#2
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![]() "Rick" wrote in message ... "NetMax" wrote in message ... "Rick" wrote in message ... "NetMax" wrote in message ... "Rick" wrote in message ... "NetMax" wrote in message ... "Rick" wrote in message ... I agree with Rick. Your most important parameters are... snip NetMax as usual another well written response.. snip Rick I'm just more wordy than you are ;~) If you don't mind my asking, at what size do you find that the Krib fry transport well and what compensation do you get from the LFS? I had a fellow offer me one month old fry, and he wanted a couple of bucks apiece. I told them I'd give him 50 cents apiece in credit (to use for store purchases) when they were 3 months old. I'd really rather not have taken them, as their size demands a separate tank ($$) and they wouldn't be marketable for a few months (more $$ lost in food, care and lost tank space), but I like to help out hobbyists (who sometimes get annoyed that I seem so cheap). Sometimes I'll put fry in plant tanks (and they slowly disappear, inadvertently getting sold with plants ;~) I usually try to dissuade people from selling me their fry, by telling them that they should take them to the local aquarium society's monthly auction (put them back into the hobbyists pool), but I think they find some unsuspecting LFS who doesn't have much business acumen and probably kills them off anyways. NetMax I do take a lot of fish to our aquarium society however just about everyone has the fish or has had them. Some of the stores I deal with give me 50% of their retail price of what ever fish I'm selling. These Kribs are 3/4" , some maybe a bit more and a few a bit less and they are going for $1.50 each to the store. The main store I deal with and not the one that bought the Kribs gives me credit which is good for both of us as he get's the fish at 50% of what he sells them for and I pay retail price for anything I buy using my credit less my 10% discount they offer to Aquarium Society members. If I grew the Kribs out to a 1 1/2 or so I would expect to receive about $3.50 each on credit. Rick Thanks for the feedback. I'd never make any money giving 50% retail. After labour for isolation, handling, food & care, and some mortality, the best I'd do is break even, so I guess, from the customer's perspective, I am cheap. However, being a frugal buyer translates into lower retail costs. I could easily sell 1-1/2" Kribs for $3.50 cdn and still make a profit if I buy from the right supplier at the right quantity. I've had wholesalers try to sell me fish at the same cost I was retailing them! This is a very 'fishy' business ;~). NetMax most of the retailers that buy fish from hobbyists only take those that they can turn around very quickly, ie: Electric Yellows and Blue's, livebearers the usual trade varieties. I took 5 Bala Sharks, all 5" + a couple of weeks ago and got $12.50 each on credit. I have taken Malawi cichlids, medium to large size and get $10.00 apiece. Convict's some will take, others will take but give nothing for them. Kribs sell in LFS around here anywhere from$7.99 to $9.99 each. If you have grown them out to breeding pair size then from some stores we can get a pretty good price, ie: a trio of Electric Blue's proven breeders will sell for $60.00 at one store and he will give $30.00 to buy them. These fish seldom stay in the store for more than a couple of days. The larger store around here that I deal with usually will buy if he is in between orders or getting low on a particular type of fish. The benefit for them is that I keep coming back and using up that credit . Same deal with plants, 50% of retail. Rick On sellable items which can be quickly turned around, I'd tend to agree, though I'm not in a high business area myself. I suppose it depends on the area as well. I almost can't give away large Malawians here. It's a new suburb, so I have lots of newbies with little tanks. Credit notes are worth about half to the store, so it costs them 25% instead of 50%, so that's much more manageable. Thanks Rick NetMax |
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