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Re: Are BP morphs the next "dot.bombs"?
Great Posts Adam and Ken!!! :handshake
You two said it all.
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Re: Are BP morphs the next "dot.bombs"?
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Originally Posted by bigboyslims
This market will only crash when it is flooded.
I cannot say this will not happen, but its definately not going to happen any time soon. Even with a bunch of people buying snakes to breed. They still are not going to have the experience or capital that some of these big breeders have. They will ALWAYS be play catch up, unless they have a buttoad of money to invest, and then they still will be playing catch up with reputations and things. There is one thing that could potentialy flood the market really quick, and that would be to successfully clone and mass produce these BPs like they do with Orchids, but then who would want snakes that look like everyone elses? I wouldn't. Sure I have bought clones of oprchidsm but to me its not the same things. The ones that bring in the doe are the unique ones.
Quote:
Originally Posted by bigboyslims
The big bucks will be made by the first guy able supply cool morphs at a realistic price. Normal people will not pay as much for a snake as they paid for there car, motorcycle, boat, etc. Until then, it will be breeder supporting breeders.
Again this is not going to happen because as Adam and Ken both have said in another post. There will be a whole saler that will buy up those snakes and resell them for the higher price because that is the market value placed on those snakes at the moment. Really nothing that can be done about it right now with the inelastic supply curve that is apparently there. Plus not many "mills" produce high quality snakes so why buy those? Look at the case of puppy mills. Not many if any of those pups will ever win a dog show. The puppy market for qigh quality show winning dogs still command a high price and will continue to for a long time.
Your also correct it is breeders supporting bredders at this time. The ammount of snakes is so small that this is only obvious. Remember BP morphs are still in their infancy. Also do you buy your supplies from straight from the maker? No you buy it from like the 3rd or 4rth owner of that good sometimes. Most manufacturers do not sell to the public, and I am sure that once the time is right the big breeders like RDR and VPI may start doing the same thing. Then again maybe they will not, but right now you are absolutely correct Many of their snakes do go to breeders, but I would assume not all do. You have to start someplace!!
Quote:
Originally Posted by bigboyslims
For a quick reference, look at Wal-Mart. They are one of the highest grossing companies in the world.....they sell a lot for cheap....its all about how much you sell.
I think I should chime in here too. LOL I was convinced by Adam that selling a bunch of snakes cheap to try to lower prices was a bad idea. First of all it woudn't work. I am going to start with the Walmart reference. The snake business CANNOT work like walmart does. Hell I have only had Micro Econ in College and I know that. There is not an endless supply of goods like walmart has. They buy from the suppliers who are producing an almost endless supply of goods. Your not going to be able to do that with these morphs. Not yet anyways. The supply curve hasn't shifted out far enough yet to do that. Plus the demand for snakes is relatively inelastic to say the least. No matter the demand right now there prices are staying relatively the same. It is going to take a whole LARGE increase in capital (Morph snakes) to shift the demand curve out far enough for them to be able to act like walmart. The supply of breeding stock is just to limited at the moment.
Quote:
Originally Posted by bigboyslims
*All statements are from a business or economic point of view. Nothing stated should be taken personally as I do not know anyone here personally. ;)
Nothing you said was taken personaly, but I do have one question though. Where did you learn your econ from? Because first of all the market is still so small that it is able to act as a monopoly. And if you have the Econ backgound you say you do you will know that even though its acting like a monopoly they still cannot set the price. The price is still basicly still set by the market of the good. The Walmart stratigy is a market stratigy to outprice their competitors so they can be the one on top. They make pennies on the dollar. Small to average sized comapanies cannot afford to do that because they move less volume. Animal sellers should never take that aproach. Its apperant for the condition of alot of puppy mills it shouldn't be done. Its obvious that the snakes are not being over-priced because the snakes being sold are young juvinile snakes. They are not sitting at the breeders waiting to be sold. I have been doing my reading for only a couple of months and can see that. Even when the market does drop down to resonable prices for the basic morphs then people will still pay top dollar for the extraordinary basic morphs just like folks do with dogs. Its just has not gotten that far along yet. As someone said this whole morph game has only been going on for about 15 years. This is still in its infancy. Heck do a seach for a puggle ad see how much those dogs are going for. Its rediculos, but hey there is a market because people are buying those and they cannot even be entered into shows because they are not an AKC breed!!! I consider a puggle a mutt but there are people willing to pay 1500 for one. That is more than my mother paid for her minpin. Oh and BTW that just basicly a morph of a the dochshund. It ws bread to look like a doberman. Now I duno if there is one, but if there was a club like the AKC for BP and other herps then the awarded bloodlines could also command a higher price than the regular morphs, but this is likely to be later down the road after the bloodlines thin out a bit and not as much line-breeding is needed to maintain and produce these morphs.
When I first got here. I too was disapointed these spectacular morphs cost so much, but I didn't realize things were so new either. That was ignorance on my part. I had the debate on doing something to lower the prices, but quickly realized what I said earlier. The marke sets the price so why not ride with it. I was green with envy that I cannot own a platty or lucy yet, but maybe one day. I vented my frustrations out just like I feel most of the naysayers of the market are doing too. I have come around and realized that if everyone had them they woudln't be worth the money they are worth at the moment. Then not as many people would want them either. Then the market will go bust if EVERYONE produced inexpencive porphs. Because that would mean that everyone would have them and alot of people would want to get ahold of something different.
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Re: Are BP morphs the next "dot.bombs"?
Quote:
Where did you learn your econ from? Because first of all the market is still so small that it is able to act as a monopoly. And if you have the Econ backgound you say you do you will know that even though its acting like a monopoly they still cannot set the price.
You might want to study some more about monopolies before the midterm....This market shows no sign of a monopoly.
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Re: Are BP morphs the next "dot.bombs"?
Quote:
Originally Posted by bigboyslims
You might want to study some more about monoplies before the midterm....This market shows no sign of a monoply.
Oh, and there's a spelling exam on Thursday... don't be late!
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Re: Are BP morphs the next "dot.bombs"?
I'll be there 5 minutes early? I fixed it for you, teach. Full credit?
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Re: Are BP morphs the next "dot.bombs"?
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Re: Are BP morphs the next "dot.bombs"?
Take it easy, kids or I'll have you outside beating the chalk dust out of the erasers.
If they still use chalk that is.
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Re: Are BP morphs the next "dot.bombs"?
Umm.. HELLOOOO (in my best impression of a valley girl voice) It's WHITE BOARDS NOW... DUH!! lol
We can't be poisoning our children with chalk dust now can we!? We'll use highly toxic markers instead that release fumes that say right on the marker "do not inhale"... And we'll use chemicals to clean said white board at the end of every day...
In conclusion, that is why white boards will be the next dot.bomb... The end!
(Sorry, had to keep my post on topic) ;)
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Re: Are BP morphs the next "dot.bombs"?
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Originally Posted by Smulkin
Take it easy, kids or I'll have you outside beating the chalk dust out of the erasers.
If they still use chalk that is.
Pretty much nothing but huge Dry Erase boards at VCU now...much easier to read!
I was holding out on posting in this thread, ddbjdealer and adam pretty much summed up my point of view on it...threads like this just make me think a little about why I'm really in this. I'm not here to make money. When I got my first ball, that thing was so beautiful and interesting and everything else all at once. As I ventured further down the rabbit hole, all the possibilities of color mutations and such jumped out an punched me in the face. I've got a little pastel project going now with a 1.5 group, and I hope to eventually make a super. Why? Cause supers are freakin' awesome looking! In addition, do you really think I'd even consider selling that first super? HECK NO! I want it all to myself!
Someone on here started throwing economics terms around saying balls were a bad investment, I have one thing to say: Before you call yourself an "economist," go back to your 101 notes and review the principles surrounding price elasticity of demand. The business people who are smart enough to hang around long enough and provide animals at the right prices will be very successful financially regardless of how bad the prices "bomb" in comparison to what they are now.
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Re: Are BP morphs the next "dot.bombs"?
DEMAND..... enough said...what kind of demand is there for a 10-30K plus snake...for a pet ....none...
So low end would seem to sell easier...right?..pastels...albinos....etc.
Okay...everyone and there sister is breeding those...prices are dropping...you can get a pastel male now for under $500 some places...breed it to your normal females....and the market is flooded....
How many pinstripes...fire.....ivory..bumblebee....clown....are being sold for cash as pets? ...to an "end user".....not many...
I do not know one non breeder who owns any of those morphs....
and the ones that do all traded animals for animals...or animals plus a little cash....
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