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Morning Gripe: A thought on lowering prices too far
All these people who have ridiculously low prices I just want to yell at sometimes. Unfortunately I can't go into there ads and post this, but tell me if anyone else with a touch of business sense agrees with me here (or argue, whatever you like):
So I see ads where people are undercutting prices to try to sell off what they have, when it doesn't sell, they lower their own low price. Undercutting the competition is a business tactic, true, but I saw a person who did this lowering, and more lowering still the other day and was fine until I saw the same person post a complaint about the market dying and how unfair it is that they can't get their balls sold for what they want (gonna throw in another detail in a minute, so hold on)... Dumbass, YOU are responsible for this. Alot of factors come in like the power-breeders who breed a gene out like crazy to sell loads off and prices go down as the genes become more available, as one example, but you are one of the factors. Every time an idiot who doesn't know that is a sale price you posted sees your ad, he thinks suddenly this is the new price, then posts his at that price. When he can't sell he reduces it. The next idiot sees that and it continues. This goes on with every "lowest price you'll find" ad and over the course of the year things drop and drop. Next year you will make the same complaint without thinking "hey, maybe the prices dropped because everybody over did it last year and I was one of them."
Let me pause: I know there are many factors to prices, so don't give me a lecture over how many there are, this is just a gripe about one specific factor.
I have posted ads with sales on groups, or "reasonable offers accepted," but I don't post when I accept a reduced offer and I try to look at what's out there versus where I feel it should be and find a balance instead of trying to flat undercut in my ads. This is hard when people are expecting the next lowest price to be posted. I have talked to others who hate to put sales at risk, but try to do the same thing with the idea that maybe this decline can be help if people are seeing the higher prices versus the lowest prices, so the next person will post in between them, not at the bottom of them. Some depend on prices reducing gradually instead of dropping like they do when this scenario plays out. They aren't living at home with mom and dad, their job-made money goes to living and the snakes are a hobby that is hopefully paying for itself as you go and perhaps may make a little on the side too. Then there are breeders that this IS their job-made money... oh I could go on about that discussion alone for many more paragraphs, but back to John Doe above:
His complaint was that he can't make back what he spent on his balls and his parents are pissed.... hold up, what? I did some snooping (clicked on his FB page) and the kid was 14! He listed points that he couldn't believe about the market, but it comes down to him being too young to understand the business side of how things work. He relied on his parents and could afford to undercut his own undercut price. He didn't know how to ship and complained those who did were why he couldn't sell his snakes. He complained on and on about all the wrong things, but kept coming back to how bad it is he had to keep reducing his own undercut price. Well kiddo, you need to learn that it is this undercutting for quick sale that is one of MANY factors that affects the market, so you could be to blame for a little bit right there. If you don't understand how a market works, or how a business may rely on shipping, or....so on... don't complain about it being everybody else's fault. We are all a part of the market whether we do these things or not, so we can all be blamed if nothing else just by producing more genes and getting them out there. We all have to suffer when prices drop, but it is the market as a collective, it isn't the market attacking you as an individual (that's basically what his complaints came down to, it was unfair to him). People will lower prices and we can't control everybody, we all complain and hate to see it, and hate to have to compete with the reductions others give, but that is how it is. The best thing is to think are you in this for the money like this kid was, or the hobby of breeding the snakes. If you look at this as a money maker, you will end up sounding like this kid, but further need to figure out how what you do this year can affect your making money next year. Instead do this as a hobby and love what you do, and the market is a perk at that point, not the main factor (obviously if you are a breeder with a shop as your livelyhood, this is a little different). I just realized I did actually contradict myself above, but rather than fix it, I will leave it be as Babies are crying and I have to go have a life off the computer. I would love to go on, but instead, on the last point about hobby versus solely for the money, the final part to Doughy John's rant (and this is what set me off to post this gripe) was that he now wants to get out of balls because it isn't worth it to stay in them if he can't make "real good money" off them...REALLY?!?!
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I don't have any business sense, so what are you supposed to do if your babies don't sell for X amount? Raise the price? Leave them at the same price and continue to lose money every month on the feed bill because they don't sell?
edit: those are serious questions...not trying to pick a fight. :)
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Re: Morning Gripe: A thought on lowering prices too far
Quote:
Originally Posted by sho220
I don't have any business sense, so what are you supposed to do if your babies don't sell for X amount? Raise the price? Leave them at the same price and continue to lose money every month on the feed bill because they don't sell?
edit: those are serious questions...not trying to pick a fight. :)
"I" would quietly wholesale them to someone if I were that desperate. There are plenty of breeders out there that have demand for animals they they may not have at the time who would be happy to take them off your hands and make a profit selling to their customers.
Sent from my Samsung Note II using Tapatalk 2
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Re: Morning Gripe: A thought on lowering prices too far
So, this kid keeps lowering his price, but won't bother to learn to ship his balls? He is simply cutting himself out of a too large a part of the market. If I see someone over 50 miles away with "local pickup only"... the snake/doodad/cage/whatever better be a super low price, or I won't consider the drive, simple.
Now, if he offered shipping, and couldn't sell after lowering his price, this is a different story. It means that the demand is simply not there, and possibly everyone *should* be dropping their price to meet demand and consider not making that morph if they're not making money on it, thus dropping supply for next year.
I'd also imagine he's selling "junk". I prefer to look for quality animals, and I feel they will always command a premium.
Maybe suggest to him he find a wholesaler, and see what they'll pay him for them, as his price approaches this price, he should just wholesale.
Sorry for the rant, but these are my insights/observations as an economics/business junky:)
Breeding balls sounds like a tough business, I don't think I'd ever try to make a living at it.
Maybe try to talk some sense into this kid:) If his prices are really too low, just buy them from him, and turn around and wholesale them, pocket the profit:rofl: Then he'll get out and everyone wins:banana:
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Morning Gripe: A thought on lowering prices too far
Quote:
Originally Posted by sho220
I don't have any business sense, so what are you supposed to do if your babies don't sell for X amount? Raise the price? Leave them at the same price and continue to lose money every month on the feed bill because they don't sell?
edit: those are serious questions...not trying to pick a fight. :)
Send them to Mike ;)
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If you have the room to raise up some of your babies for a while there is a huge demand later on. I find early in the season and after the new year are when stuff sells the fastest. It's amazing how I'll have some common stuff on my site for months with little interest and then in February I wish I had ten more. Patience is key.
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Re: Morning Gripe: A thought on lowering prices too far
This is something you should have planned for before you even thought about breeding,
do I have the space and or money to house and feed them if they dont sell.
Momma always said "Dont have them if you can't raise them"
Seems like every kid with 3 bp's thinks they can breed them and make millions in a month.
So sad for the animals, they are the one's suffering for our choices.
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Re: Morning Gripe: A thought on lowering prices too far
Quote:
Originally Posted by Dave Green
If you have the room to raise up some of your babies for a while there is a huge demand later on. I find early in the season and after the new year are when stuff sells the fastest. It's amazing how I'll have some common stuff on my site for months with little interest and then in February I wish I had ten more. Patience is key.
I understand this.. I know last year in March when I got my taxes baxk it was right before Tinley Park and I bought 5 snakes. :P (is a lot cobsidering I usually get 1 a year teo at the most)
Overall... I don't like when people cut prices. It really ruina the marjet. I ubderstand how people want to get a low price, I mw an id be happy to get a bananna for ~$500 while others would clearly hate that. However my focus rifht now is the animal themselves and not breeding. So
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Re: Morning Gripe: A thought on lowering prices too far
Quote:
Originally Posted by sho220
I don't have any business sense, so what are you supposed to do if your babies don't sell for X amount? Raise the price? Leave them at the same price and continue to lose money every month on the feed bill because they don't sell?
edit: those are serious questions...not trying to pick a fight. :)
Good question, and picking a fight or not, a good point to bring up regardless.
This is honestly tough to answer as there are many approaches, each with question of what your goal is. Save time and money I would say do the suggestion of selling to a breeder or reseller at wholesale. desire a set amount and don't want to go lower, bring it up in size and sell it later. It looks like alot of what I would suggest has been covered. The thing is how you approach each of these options. Don't post lower and lower and lower. Want to move it out fast, sell it wholesale because you'll end up at that pricepoint anyways by lowering it constantly, and save the time spent over the period of constant lowering. Try a sale and then raise the price up. Try a package deal. So many options, you will get a feel for them as you get deeper into breeding and then selling them off.... Just don't post lower and lower without reason. You are shooting yourself and the rest in the foot without knowing it. The idea is keeping a separation between your prices and deals/discounts. Be discreet about deals. These days everyone wants something for nothing and feels they are entitled (for some reason) to it. If you are in this for the money like Doughy John, get out of breeding now as you may be disappointed. So many options and each with different points, so like I said, tough to give one direct answer. If you are trying to breed for the fun, but also make a business out of it, think of it like a business and not like a kid who sees $100 for a $300 snake (or however you want to work the math for that example) as a huge profit because you've never seen that much money and you don't have to pay for other things because you are still living with mom and dad.... sorry, that last line was a little direct and targeted at the one who pissed me off....
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Re: Morning Gripe: A thought on lowering prices too far
Quote:
Originally Posted by dave green
if you have the room to raise up some of your babies for a while there is a huge demand later on. I find early in the season and after the new year are when stuff sells the fastest. It's amazing how i'll have some common stuff on my site for months with little interest and then in february i wish i had ten more. Patience is key.
bingo!
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Re: Morning Gripe: A thought on lowering prices too far
Quote:
Originally Posted by brock lesser
This is something you should have planned for before you even thought about breeding,
do I have the space and or money to house and feed them if they dont sell.
Momma always said "Dont have them if you can't raise them"
Seems like every kid with 3 bp's thinks they can breed them and make millions in a month.
So sad for the animals, they are the one's suffering for our choices.
To touch on that last line, I feel the problem is many kids are not responsible enough for breeding (aside from the selling and business sense, but more for the care of the animals), this results in less healthy animals being sold, or many other careless mistakes along the way that can be hazardous to the anmals, the market, or the hobby. That said, I have met some gems of kids who I would say I would trust my whole collection with if I had to, unfortunately I have not met enough of them..... aslo met a few adults who are worse than the bad kids, unfortunately.
As for the millions in a month, to a kid a little extra money is a huge profit, but later in life they find it was a miniscule amount, so what those of us who have had more experiences with finances see, they view it differently and don't care as long as they made that little extra money.... oh I want to rant on about this point but will hold my tongue (for now)
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Re: Morning Gripe: A thought on lowering prices too far
Quote:
Originally Posted by Dave Green
If you have the room to raise up some of your babies for a while there is a huge demand later on. I find early in the season and after the new year are when stuff sells the fastest. It's amazing how I'll have some common stuff on my site for months with little interest and then in February I wish I had ten more. Patience is key.
Let me just draw attention to Dave's post one more time!!!!!
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Re: Morning Gripe: A thought on lowering prices too far
Quote:
Originally Posted by WtGreg
His complaint was that he can't make back what he spent on his balls and his parents are pissed.... hold up, what? I did some snooping (clicked on his FB page) and the kid was 14! He listed points that he couldn't believe about the market, but it comes down to him being too young to understand the business side of how things work.
As a buyer I'm going to be very hesitant about purchasing from a 14 year old. What if something goes wrong on his end and he refuses to make things right? Do I go after his parents? Because legally going after him is a nonstarter.
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Re: Morning Gripe: A thought on lowering prices too far
Quote:
Originally Posted by bcr229
As a buyer I'm going to be very hesitant about purchasing from a 14 year old. What if something goes wrong on his end and he refuses to make things right? Do I go after his parents? Because legally going after him is a nonstarter.
Tricky part is without snooping (not that it was much snooping nor hard) one would never know they were dealing with a kid until too late.
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Very true
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Re: Morning Gripe: A thought on lowering prices too far
Quote:
Originally Posted by WtGreg
Tricky part is without snooping (not that it was much snooping nor hard) one would never know they were dealing with a kid until too late.
You call it snooping, I call it researching the seller. Heck, just put an inquiry on the BOI, you know one of the bloodhounds over there would find it.
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Re: Morning Gripe: A thought on lowering prices too far
Quote:
Originally Posted by WtGreg
Good question, and picking a fight or not, a good point to bring up regardless.
This is honestly tough to answer as there are many approaches, each with question of what your goal is. Save time and money I would say do the suggestion of selling to a breeder or reseller at wholesale. desire a set amount and don't want to go lower, bring it up in size and sell it later. It looks like alot of what I would suggest has been covered. The thing is how you approach each of these options. Don't post lower and lower and lower. Want to move it out fast, sell it wholesale because you'll end up at that pricepoint anyways by lowering it constantly, and save the time spent over the period of constant lowering. Try a sale and then raise the price up. Try a package deal. So many options, you will get a feel for them as you get deeper into breeding and then selling them off.... Just don't post lower and lower without reason. You are shooting yourself and the rest in the foot without knowing it. The idea is keeping a separation between your prices and deals/discounts. Be discreet about deals. These days everyone wants something for nothing and feels they are entitled (for some reason) to it. If you are in this for the money like Doughy John, get out of breeding now as you may be disappointed. So many options and each with different points, so like I said, tough to give one direct answer. If you are trying to breed for the fun, but also make a business out of it, think of it like a business and not like a kid who sees $100 for a $300 snake (or however you want to work the math for that example) as a huge profit because you've never seen that much money and you don't have to pay for other things because you are still living with mom and dad.... sorry, that last line was a little direct and targeted at the one who pissed me off....
Thank you for the thoughtful reply. Although I do consider myself a 43 year old kid, I make a very good living, so the money aspect was never really a consideration. I've never kept track, but I'm fairly certain I've lost money every year I've been doing this. I think if I had more time to devote to selling it would help, but there are only so many hours in a day. Thanks again for the ideas...more options are a good thing. :gj:
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Re: Morning Gripe: A thought on lowering prices too far
Quote:
Originally Posted by bcr229
You call it snooping, I call it researching the seller. Heck, just put an inquiry on the BOI, you know one of the bloodhounds over there would find it.
Nothing on the BOI, checked there first, but also that is why I love the BOI!
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Re: Morning Gripe: A thought on lowering prices too far
Quote:
Originally Posted by sho220
Thank you for the thoughtful reply. Although I do consider myself a 43 year old kid, I make a very good living, so the money aspect was never really a consideration. I've never kept track, but I'm fairly certain I've lost money every year I've been doing this. I think if I had more time to devote to selling it would help, but there are only so many hours in a day. Thanks again for the ideas...more options are a good thing. :gj:
I too will always be a kid at heart, and don't make a good living, but love my snakes and probably have lost a good deal of money in the long run. Still I keep driving on... Since I had kids though, I feel ya on having more time. Along the way my biggest concern has been the time spent caring for the snakes over the costs. To me time is very valuable and it has come up before whether the snakes or time would be more important, this has actually come close to driving out of breeding a couple times. It is another consideration for people wanting to get into breeding: "what is my time availability to do this?"
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Re: Morning Gripe: A thought on lowering prices too far
Quote:
Originally Posted by WtGreg
I too will always be a kid at heart, and don't make a good living, but love my snakes and probably have lost a good deal of money in the long run. Still I keep driving on... Since I had kids though, I feel ya on having more time. Along the way my biggest concern has been the time spent caring for the snakes over the costs. To me time is very valuable and it has come up before whether the snakes or time would be more important, this has actually come close to driving out of breeding a couple times. It is another consideration for people wanting to get into breeding: "what is my time availability to do this?"
"what is my time availability to do this?" < You're spot on and I don't think people consider that enough. I think that's what leads to a lot of the "collection for sale" ads. I've seen it in other hobbies...cars, guns, bikes...etc...some folks just get way carried away, get overwhelmed and just bail on the whole thing. I see it every day on the car forums...a guy will spend all his money and all his time "modding" his car that never leaves his driveway because it's always broken or being worked on. Eventually he loses interest/runs out or money/runs out of time or gets sick of having a car he can't drive and bails...and takes a beating because he'll NEVER recover all the funds he spent. I've avoided that pitfall by keeping a small, manageable collection...I've kept my collection to around a dozen (not counting hatchings every year) and that's helped keep it managable as far as my time goes. Like any other hobby, it's a balancing act between that and all the other commitments we all have...
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Re: Morning Gripe: A thought on lowering prices too far
Quote:
Originally Posted by Dave Green
If you have the room to raise up some of your babies for a while there is a huge demand later on. I find early in the season and after the new year are when stuff sells the fastest. It's amazing how I'll have some common stuff on my site for months with little interest and then in February I wish I had ten more. Patience is key.
^^^ This.
That is the voice of experience talking right there!
I know I'm one of those people who shop like that. A lot of it has to do with where my spending money is at the time. I'm a student so I don't do a whole lot of buying from August-December and February-May simple because I have tuition, books, parking, etc. to pay for. However, during the breaks while I work more hours at my job for extra spending money, I'll have a little extra in my pocket to spend.
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Re: Morning Gripe: A thought on lowering prices too far
Quote:
Originally Posted by BHReptiles
^^^ This.
That is the voice of experience talking right there!
I know I'm one of those people who shop like that. A lot of it has to do with where my spending money is at the time. I'm a student so I don't do a whole lot of buying from August-December and February-May simple because I have tuition, books, parking, etc. to pay for. However, during the breaks while I work more hours at my job for extra spending money, I'll have a little extra in my pocket to spend.
Indeed Dave has the best response IMO so far.
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Re: Morning Gripe: A thought on lowering prices too far
Quote:
Originally Posted by WtGreg
Indeed Dave has the best response IMO so far.
Kind of agree, but I think it depends on the animal. Holding on to male Cinnys for 6 months doesn't make sense from a $ standpoint. Holding on to (insert hottest new morph here) probably would make sense.
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Re: Morning Gripe: A thought on lowering prices too far
Quote:
All these people who have ridiculously low prices I just want to yell at sometimes. Unfortunately I can't go into there ads and post this, but tell me if anyone else with a touch of business sense agrees with me here (or argue, whatever you like):
Why?
That person owes you nothing and, your snakes owe you nothing.
Perhaps you should consider another hobby/business.
The cartel business model will kill this hobby faster than anything. It will also kill prices as you quickly run out of people willing to pay $X for a particular gene, all the while everyone with it is breeding hoping to make a profit.
Supply quickly exceeds demand at a high price point. There is no getting around that simple fact.
Also, buying a $20K hatchling and expecting a ton of sales in the $10+K range is simple ignorance of basic economics on the part of the breeder. And, not realising that when you add up all of your $2-8K sales if you haven't made a decent profit either you have seriously offended the "Odds Gods" or that you may want to examine your business model for other flaws is again, the fault of the breeder.
Quote:
So I see ads where people are undercutting prices to try to sell off what they have, when it doesn't sell, they lower their own low price. Undercutting the competition is a business tactic, true, but I saw a person who did this lowering, and more lowering still the other day and was fine until I saw the same person post a complaint about the market dying and how unfair it is that they can't get their balls sold for what they want (gonna throw in another detail in a minute, so hold on)... Dumbass, YOU are responsible for this. Alot of factors come in like the power-breeders who breed a gene out like crazy to sell loads off and prices go down as the genes become more available, as one example, but you are one of the factors. Every time an idiot who doesn't know that is a sale price you posted sees your ad, he thinks suddenly this is the new price, then posts his at that price. When he can't sell he reduces it. The next idiot sees that and it continues. This goes on with every "lowest price you'll find" ad and over the course of the year things drop and drop. Next year you will make the same complaint without thinking "hey, maybe the prices dropped because everybody over did it last year and I was one of them."
Let me pause: I know there are many factors to prices, so don't give me a lecture over how many there are, this is just a gripe about one specific factor.
If you think the "new" price is set by a two price here or there, call whatever school gave you an economics degree and demand your money back. And, if you are setting your prices based on a few lower price ads, get out of the business end of the hobby entirely for your own sake.
Breeders like JKR, Rio Bravo, Henry Piorun, BHB, NERD, Markus Jayne, etc are able to if they desire command a higher price for the exact same animal than any basement breeder.
Why? Because, their brand adds value due to the years of experience (i.e. not throwing a new morph at every normal female they can afford and turning out very mixed results) and, the assurance that you will get what you paid for or, if there is a problem it will be dealt with in a professional manner. And, because you are dealing with "best of the best" examples of the morphs you are looking at. That isn't to say that new breeders and basement hobbyists cannot also focus in this direction (in fact I would suggest that they should do exactly this). Just that without the known brand you are going to have trouble commanding the same price when part of the value is the brand.
Quote:
His complaint was that he can't make back what he spent on his balls and his parents are pissed.... hold up, what? I did some snooping (clicked on his FB page) and the kid was 14! He listed points that he couldn't believe about the market, but it comes down to him being too young to understand the business side of how things work. He relied on his parents and could afford to undercut his own undercut price. He didn't know how to ship and complained those who did were why he couldn't sell his snakes. He complained on and on about all the wrong things, but kept coming back to how bad it is he had to keep reducing his own undercut price. Well kiddo, you need to learn that it is this undercutting for quick sale that is one of MANY factors that affects the market, so you could be to blame for a little bit right there.
Hold on a minute. So, his market was very limited geographically and, he was losing sales to people that could ship?
So, either they were also close to this "undercut" price or they were willing to pay more for other factors.
Quote:
If you don't understand how a market works, or how a business may rely on shipping, or....so on... don't complain about it being everybody else's fault. We are all a part of the market whether we do these things or not, so we can all be blamed if nothing else just by producing more genes and getting them out there. We all have to suffer when prices drop, but it is the market as a collective, it isn't the market attacking you as an individual (that's basically what his complaints came down to, it was unfair to him).
Which is what this thread comes off as.
Quote:
People will lower prices and we can't control everybody, we all complain and hate to see it, and hate to have to compete with the reductions others give, but that is how it is. The best thing is to think are you in this for the money like this kid was, or the hobby of breeding the snakes. If you look at this as a money maker, you will end up sounding like this kid, but further need to figure out how what you do this year can affect your making money next year. Instead do this as a hobby and love what you do, and the market is a perk at that point, not the main factor (obviously if you are a breeder with a shop as your livelyhood, this is a little different). I just realized I did actually contradict myself above, but rather than fix it, I will leave it be as Babies are crying and I have to go have a life off the computer. I would love to go on, but instead, on the last point about hobby versus solely for the money, the final part to Doughy John's rant (and this is what set me off to post this gripe) was that he now wants to get out of balls because it isn't worth it to stay in them if he can't make "real good money" off them...REALLY?!?!
:gj:
Now, this makes much more sense. And, honestly is the hobby (and the animals) not better off every single time somebody like this gets frustrated and leaves the hobby?
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It's been the same thing for as long as I have been in the hobby.
More and more hobbyist breeding more and more snakes.
There's just no way the market can consume the quantity of snakes that are being produced.
Price drops are going to continue to happen as long as the supply is many times what the demand is.
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Morning Gripe: A thought on lowering prices too far
I would love to get some input on this topic because I feel like I have some similarities to the "John Doe" that was spoken about by the OP. I am 16, and I do plan on breeding my BPs within the next year or so. My one pairing also has the potential to produce some pretty high-end snakes.
Quote:
Originally Posted by bcr229
As a buyer I'm going to be very hesitant about purchasing from a 14 year old. What if something goes wrong on his end and he refuses to make things right? Do I go after his parents? Because legally going after him is a nonstarter.
I would really appreciate a little input on this subject because I know that many people would be understandably nervous about purchasing from me. Do I just have to accept that many people aren't willing to take the risk of buying from me, or is there anything I can do to make them feel more secure with the purchase? Also, if many buyers on the market are this nervous about buying from a minor, I feel that it would be difficult for me to sell my animals without doing a pretty significant price drop. I can sit on my hatchlings for a pretty long time, but it would obviously hurt me financially. Is there any way to get around this? I have a reference, but it isn't even on the BOI, and apart from that I would have to rely on my decent reputation here. I believe that I have quality breeders who will produce quality babies, but are these reasonable concerns? Thanks!
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Morning Gripe: A thought on lowering prices too far
Man, my posts are a serious turn off to people! Anyone?
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If you have any references I would ask them if they'd be willing to post them on the BOI.
If you're already thinking of price dropping to sell then its not a very good idea.
The only thing that makes people secure is a good rep, but everyone starts somewhere.
If you have high quality the buyer will come. And maturity speaks louder than age
Sent from my DROID RAZR using Tapatalk 4
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Morning Gripe: A thought on lowering prices too far
I think it's all about the way you handle yourself. A 40 year old can throw a tantrum just as well as a 14 year old :). I wouldn't hesitate to buy from a minor (within reason) if he presents himself as a mature, responsible keeper and breeder. Also, there's a significant difference between 14 and 16 or 17, IMO. Basically it's all on an individual basis. If I'm sketched out by a seller, I wouldn't purchase regardless of their age.
On that reference you mentioned, what was the nature of it? Personal reference, or a previous buyer?
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Re: Morning Gripe: A thought on lowering prices too far
Quote:
Originally Posted by MootWorm
I think it's all about the way you handle yourself. A 40 year old can throw a tantrum just as well as a 14 year old :). I wouldn't hesitate to buy from a minor (within reason) if he presents himself as a mature, responsible keeper and breeder. Also, there's a significant difference between 14 and 16 or 17, IMO. Basically it's all on an individual basis. If I'm sketched out by a seller, I wouldn't purchase regardless of their age.
On that reference you mentioned, what was the nature of it? Personal reference, or a previous buyer?
Good question I assumed it was a buyer...
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Re: Morning Gripe: A thought on lowering prices too far
Quote:
Originally Posted by brobertson
Man, my posts are a serious turn off to people! Anyone?
lol...Sunday...Football...:D
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Morning Gripe: A thought on lowering prices too far
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Originally Posted by MootWorm
I think it's all about the way you handle yourself. A 40 year old can throw a tantrum just as well as a 14 year old :). I wouldn't hesitate to buy from a minor (within reason) if he presents himself as a mature, responsible keeper and breeder. Also, there's a significant difference between 14 and 16 or 17, IMO. Basically it's all on an individual basis. If I'm sketched out by a seller, I wouldn't purchase regardless of their age.
On that reference you mentioned, what was the nature of it? Personal reference, or a previous buyer?
Thank you very much for the input, I am really working hard at making a solid rep for myself. I would love not to have to drop my pricing, I'm just a bit worried about the possibility. My one reference is a sale, and I am certainly happy to have that, even if it isn't on the BOI. Any other sage words? I really appreciate it.
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Re: Morning Gripe: A thought on lowering prices too far
Quote:
Originally Posted by brobertson
Thank you very much for the input, I am really working hard at making a solid rep for myself. I would love not to have to drop my pricing, I'm just a bit worried about the possibility. My one reference is a sale, and I am certainly happy to have that, even if it isn't on the BOI. Any other sage words? I really appreciate it.
Yes see if the buyer is willing to put it up... it doesn't do any good if the reference isn't seen.
Sent from my DROID RAZR using Tapatalk 4
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Re: Morning Gripe: A thought on lowering prices too far
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Originally Posted by sho220
"what is my time availability to do this?" < You're spot on and I don't think people consider that enough. I think that's what leads to a lot of the "collection for sale" ads. I've seen it in other hobbies...cars, guns, bikes...etc...some folks just get way carried away, get overwhelmed and just bail on the whole thing. I see it every day on the car forums...a guy will spend all his money and all his time "modding" his car that never leaves his driveway because it's always broken or being worked on. Eventually he loses interest/runs out or money/runs out of time or gets sick of having a car he can't drive and bails...and takes a beating because he'll NEVER recover all the funds he spent. I've avoided that pitfall by keeping a small, manageable collection...I've kept my collection to around a dozen (not counting hatchings every year) and that's helped keep it managable as far as my time goes. Like any other hobby, it's a balancing act between that and all the other commitments we all have...
:clap: very well said, very well said. I think that is exactly what it comes down to...a balancing act. What size collection am i able to balance with the time and money i have available to give it? For some, its only one or two snakes. For others, its 50+. I agree about most of the collection sales too. It became overwhelming to the person because their collection went waay over their balance, so they had to sell out fast to regain some of that balance back. However, i think there is one other element added with long term keepers.....and that is passion. Things can get tough sometimes as far as time and money go, but because of the passion they have for their collection, they somehow make it go right to find the money and/or time to keep their collection.
sent from my incubator
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Re: Morning Gripe: A thought on lowering prices too far
Wow, I go away for the day and a this discussion seems to have opened up!
Raven01: I honestly wasn't 100% sure how to read all your points, so may be have misread some arguements as mere statements, and mere staements (or agreeances even) as arguements. Some points I couldn't tell if you were argueing me, arguing him, or both, so I had to assume. I am not attacking you, but if you are going to go through the trouble of giving this many arguements, I feel I should justify some points, elaborate on others, and so forth for the simple fct of furthering discussion, which was the desired result of the original post. i just read over my answers and realized that they raise further arguments and questions, but I am ok with that as it can only further opening up discussion.
This may be the fault of misreading some of your points:
Please realize that this is also full of elaboration of points that go beyond the single factor of the business side of a hobby being nit picked on, the posting was focused on only few points of many many factors. Please try to keep it in the one or two factors and not try to turn this into an entire 10 week course on business and economics, there are just too many points to consider there. However I agree that every little thnig is important to discuss.
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Originally Posted by Raven01
Why?
That person owes you nothing and, your snakes owe you nothing.
Perhaps you should consider another hobby/business.
The cartel business model will kill this hobby faster than anything. It will also kill prices as you quickly run out of people willing to pay $X for a particular gene, all the while everyone with it is breeding hoping to make a profit.
Supply quickly exceeds demand at a high price point. There is no getting around that simple fact.
Also, buying a $20K hatchling and expecting a ton of sales in the $10+K range is simple ignorance of basic economics on the part of the breeder. And, not realising that when you add up all of your $2-8K sales if you haven't made a decent profit either you have seriously offended the "Odds Gods" or that you may want to examine your business model for other flaws is again, the fault of the breeder.
No one owes anything to anyone. It was subtle, but I said it in a different way when I said everybody expects something for free. People expect things to come there way just as people expect not to have to give things. If a person is trying to move something, they will try to sell even at lower costs, if they are trying to get a set amount and not go lower, they will hold on, but if a person wants both halves to play out in their favor, well ain't gonna happen. This is how it plays out for an individual. But the market and the effects of the individuals within it and these many expectations of both buyer and sellers....
Supply exceeds demands, but is the demand to get the snakes, or to make the money? It should be to get the snakes (unless you are a breeder and your livelyhood depends on it, but I am not talking about that, although I did reference it before), but when a market is so shaken by an imbalance of the individuals within it, neither side is winning and this leads into a crash. The crash of the market is a concern because than we cannot afford to have these wonderful snakes we demand in collections, especially in balls where the egg count is low and a bad year can kill a persons ability to stay in their hobby. Sound like a giant runaround? Because in many ways it is. The arguements you present focus on each individual, but the gripe is about protecting the market that is flooded with more supply than demand, so the runaround continues... It comes down alot to the concern not being breeding to make the profit, but just to stay in the hobby, and that relies on finding the balance within the market to keep that market afloat. That's why I say I want to yell at them but can't, not to say "raise your prices so we can make money," but because affording a collection requires the market, otherwise many could not be able to afford the collection. Think about it, what if all balls were $10-20 no matter the morph? 5-10 eggs a year means feeding , heating, bedding, and housing the snake exceeds, thus only the rich can afford an actual collection. Anyone should ask themselves: are you super rich to afford your collection in this scenario, especially in the event of a bad year?
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Originally Posted by Raven01
If you think the "new" price is set by a two price here or there, call whatever school gave you an economics degree and demand your money back. And, if you are setting your prices based on a few lower price ads, get out of the business end of the hobby entirely for your own sake.
Prices are set by many factors. I am griping about one. Just one; so to respond to this point I would need to get into everything from retail costs and overhead to supply versus demand to quality and everything in between, which would lead into more than I have time for. You seem to understand this, but the problem is many don't and they are not setting their prices off knowledge of anything except the other prices they see. That's what i am harping on, and not for business, but the basic comparison of cost of the snakes versus what they can bring in to help support a person's hobby....
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Originally Posted by Raven01
Breeders like JKR, Rio Bravo, Henry Piorun, BHB, NERD, Markus Jayne, etc are able to if they desire command a higher price for the exact same animal than any basement breeder.
Why? Because, their brand adds value due to the years of experience (i.e. not throwing a new morph at every normal female they can afford and turning out very mixed results) and, the assurance that you will get what you paid for or, if there is a problem it will be dealt with in a professional manner. And, because you are dealing with "best of the best" examples of the morphs you are looking at. That isn't to say that new breeders and basement hobbyists cannot also focus in this direction (in fact I would suggest that they should do exactly this). Just that without the known brand you are going to have trouble commanding the same price when part of the value is the brand.
... Aside from the hobby though, these big guys have a brand, but also have competition from everyone else out there. Aside from needing to cover their own business costs (said before that I can't easily get into all the factors) it is the quality of the genes, the snakes, and so forth that makes a brand what it is. I would pay extra to get a snake from any of these guys, period, no questions asked. Thing is the less experienced that don't realize these little things raise their prices because of quality and brand to try to compete and complain that they can't get what others get. Likewise big guys complain about the little guys, but are at least professional about how they do it. Don't expect to get what they ask, but strive for the same things they represent and at least this will keep you off the BOI with complaints if absolutely nothing else. This can help balance for both sides. I wholeheartedly agree with your entire paragraph here, but want to point out the separation of these names with smaller hobbyists trying to compare to them is not seen by newer persons to the hobby, many who do not even know these big names nor little names. This is where it comes into being many factors about the market that many do not consider. What I was saying in my original gripe ties into if you cannot compete with these guys though, don't try to undercut them and everyone else as severely as people have been doing, strive to be up there with them in all apsects
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Originally Posted by Raven01
Hold on a minute. So, his market was very limited geographically and, he was losing sales to people that could ship?
So, either they were also close to this "undercut" price or they were willing to pay more for other factors.
...Or there were no interested parties close enough to him, and any that were were willing to pay the extra shipping with or without extra cost of the snake to get from someone better known. I reference treating the hobby as a business if that's what you are trying to do, and reaching your customers is a big factor, especailly when they are not nearby.
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Originally Posted by Raven01
Which is what this thread comes off as.
The complaint within this thread I have is not that the entire market is unfair to me. I can sell off what I have right now for under the competition and still be happy with what I made. Prices dropping and this will still apply for a few years at very least, But if the market dies completely (again, what is morphs had no value and your couldn't support your collection), I (and others) cannot stay in the hobby with as many snakes as I have. I don't want to see the market go that low for the sake of the entire hobby and the concern is the rate at which the hobby has a potential to get so low. But i also don't want to see people complain in the event that it dies that it was everybody else's fault. I simple want everybody to acknowledge that we are all part of the market and in charge of protecting it as best we can: In that argument, yes, it is unfair and in that sense that is what this thread is saying, but unfair to the hobby and many in it, not just unfair to one person. Sorry if you (any person, not just saying the poster of this argument) are so good at this that you don't also feel it is unfair to have the potential of your hobby ripped from you and others, and as well choose not to acknowledge this factor. However I do hate when the argument made is not the hobby being ripped from the hobbyist, but that the making of millions in this hobby is being ripped from an individual.
:gj:
Now, this makes much more sense. And, honestly is the hobby (and the animals) not better off every single time somebody like this gets frustrated and leaves the hobby?[/QUOTE]
I think it's great for these types to get out. Leave it for people who want the hobby first and the money later. If you make extra money (as a hobbyist), that is a perk, otherwise you are a business if you are relying on the income completely, and that is another discussion all together.
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Originally Posted by snakesRkewl
It's been the same thing for as long as I have been in the hobby.
More and more hobbyist breeding more and more snakes.
There's just no way the market can consume the quantity of snakes that are being produced.
Price drops are going to continue to happen as long as the supply is many times what the demand is.
That's something we all need to realize, it's the way it is and has been and will continue to be. Unfortunately, as I said above, it is also not anything that can be controlled.... but in my opinion if people pay attention to these little things, it can help the situation.
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Originally Posted by brobertson
I would love to get some input on this topic because I feel like I have some similarities to the "John Doe" that was spoken about by the OP. I am 16, and I do plan on breeding my BPs within the next year or so. My one pairing also has the potential to produce some pretty high-end snakes.
I would really appreciate a little input on this subject because I know that many people would be understandably nervous about purchasing from me. Do I just have to accept that many people aren't willing to take the risk of buying from me, or is there anything I can do to make them feel more secure with the purchase? Also, if many buyers on the market are this nervous about buying from a minor, I feel that it would be difficult for me to sell my animals without doing a pretty significant price drop. I can sit on my hatchlings for a pretty long time, but it would obviously hurt me financially. Is there any way to get around this? I have a reference, but it isn't even on the BOI, and apart from that I would have to rely on my decent reputation here. I believe that I have quality breeders who will produce quality babies, but are these reasonable concerns? Thanks!
This was best answered already, so I just want to say Good luck, we all had to start somewhere and the important thing is to not let your age be the factor in your breeding and selling, but the snakes instead. Also focus on the suggestion made about your maturity as well. If those things are what you focus on, your age won't matter.
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It's business, and those people can do exactly what they want. This isn't necessarily directed at you, but people who say stuff like this are whining.
Here's how I see it, right now Mike Wilbanks (big name) has Firefly males and females both priced at $650. There are people out there willing to pay that. But! Go to Kingsnake and Joe Blow (small name) is selling them for $299 (or that's the ad I saw last week). Now me, personally, with my first pairing going to be shooting at firefly's, I can sell them like hot cakes at $200 and make my money to move on to the next project.
If that isn't perfect business SENSE I don't know what is. And to be honest, if you're so concerned with it then buy my $200 firefly and sell it at Kingsnake or Wilbanks price and make your own profit (we call that power selling, in business).
What I'm getting at is, people who have this mentality are annoying. It frustrates me just as much if not more as it would to get emails asking for pics and weights from people who don't have any intention of buying said animals, to get emails from some complaining about my prices. Don't like it? Buy it and sell it yourself. I'm not here to make a profit, if I do great, I'm looking at making my hobby pay for itself. And, if I don't have to work my 9-5 at the end of the day to pay for my bills AND my hobby, I'm farther ahead than I anticipated.
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Re: Morning Gripe: A thought on lowering prices too far
Quote:
Originally Posted by brobertson
I would love to get some input on this topic because I feel like I have some similarities to the "John Doe" that was spoken about by the OP. I am 16, and I do plan on breeding my BPs within the next year or so. My one pairing also has the potential to produce some pretty high-end snakes.
I would really appreciate a little input on this subject because I know that many people would be understandably nervous about purchasing from me. Do I just have to accept that many people aren't willing to take the risk of buying from me, or is there anything I can do to make them feel more secure with the purchase? Also, if many buyers on the market are this nervous about buying from a minor, I feel that it would be difficult for me to sell my animals without doing a pretty significant price drop. I can sit on my hatchlings for a pretty long time, but it would obviously hurt me financially. Is there any way to get around this? I have a reference, but it isn't even on the BOI, and apart from that I would have to rely on my decent reputation here. I believe that I have quality breeders who will produce quality babies, but are these reasonable concerns? Thanks!
You are a minor. Legally a minor can not be held in a court to uphold a contract, which is a big reason you can't get a credit card until you turn 18 - you could run up a huge bill and tell Visa or MC to take a flying leap. There's nothing you can do about it other than wait. This site does a good job explaining it:
http://contract-law.laws.com/consideration/minors
That doesn't mean I won't buy from you, it's just that I know there's a bigger risk on my side of the transaction on an interstate sale, and that means you either won't be able to charge as much as other sellers, or you'll be better off with local/face-to-face cash sales for the time being.
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Re: Morning Gripe: A thought on lowering prices too far
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Originally Posted by Kodieh
It's business, and those people can do exactly what they want. This isn't necessarily directed at you, but people who say stuff like this are whining.
Here's how I see it, right now Mike Wilbanks (big name) has Firefly males and females both priced at $650. There are people out there willing to pay that. But! Go to Kingsnake and Joe Blow (small name) is selling them for $299 (or that's the ad I saw last week). Now me, personally, with my first pairing going to be shooting at firefly's, I can sell them like hot cakes at $200 and make my money to move on to the next project.
If that isn't perfect business SENSE I don't know what is. And to be honest, if you're so concerned with it then buy my $200 firefly and sell it at Kingsnake or Wilbanks price and make your own profit (we call that power selling, in business).
What I'm getting at is, people who have this mentality are annoying. It frustrates me just as much if not more as it would to get emails asking for pics and weights from people who don't have any intention of buying said animals, to get emails from some complaining about my prices. Don't like it? Buy it and sell it yourself. I'm not here to make a profit, if I do great, I'm looking at making my hobby pay for itself. And, if I don't have to work my 9-5 at the end of the day to pay for my bills AND my hobby, I'm farther ahead than I anticipated.
Allow me to give you a hypothetical:
Python ban succeeds. The next attack is smaller pythons. It succeeds. All these bigger breeders that have employees, overhead, insurance whatever that may raise their costs deem it isn't worth it to stay in. They close and now there are now more higher costs to compare to. Now the only competition is you versus others. No more genes are coming in, especially because banned or not, alot do come from large breeders. Smaller breeders have no new genes left, so all genes available are now set with no possibility of change. Now the only thing to hope is what is available stays above the same costs as a normal.
You undercut from $600 (they're charging) to $200 (your charging) now. Someone wants to undercut you, they go lower. So on and so forth. <-- this is how it works, like you said, yes.
So nothing new coming in, all you can do is watch as everything drops because there are no more higher priced snakes and every combo possible becomes available and also drops. In no time you are left with extremely nice snakes, but no value. Suddenyl you can't sell the snakes you still have either because no one is buying. Now you need a 9-5 to support yourself and your hobby, which you don't care for anymore because you can't make a quick buck off it anymore.
Now instead all this happens from the first paragraph, but instead you slow down this dropping by not having done such a dramatic undercut in the past, as does the others undercutting your undercut. The market, now limited to set genes, will last longer one this merit alone. It can prolong things by not pursuing such a quick sale now. You want to make $200 on a $600 snake, well what if there is not $600 snake anymore? You can't move on to the next project if you aren't able to afford it, much less your current project.
You call it business sense, but good business sense also includes thinking long term, not just what you can make now.
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My point stands in the current situation, though you are right in your hypothetical.
In my opinion, people are too afraid to undercut an undercut especially when it's already that low. I'll admit I'm talking more on a show level than Internet Sales, but the point is the same.
Sent from my SAMSUNG-SGH-I747 using Tapatalk 4
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Re: Morning Gripe: A thought on lowering prices too far
Quote:
Originally Posted by brobertson
I would love to get some input on this topic because I feel like I have some similarities to the "John Doe" that was spoken about by the OP. I am 16, and I do plan on breeding my BPs within the next year or so. My one pairing also has the potential to produce some pretty high-end snakes.
I would really appreciate a little input on this subject because I know that many people would be understandably nervous about purchasing from me. Do I just have to accept that many people aren't willing to take the risk of buying from me, or is there anything I can do to make them feel more secure with the purchase? Also, if many buyers on the market are this nervous about buying from a minor, I feel that it would be difficult for me to sell my animals without doing a pretty significant price drop. I can sit on my hatchlings for a pretty long time, but it would obviously hurt me financially. Is there any way to get around this? I have a reference, but it isn't even on the BOI, and apart from that I would have to rely on my decent reputation here. I believe that I have quality breeders who will produce quality babies, but are these reasonable concerns? Thanks!
Speaking as someone who was in "business" as a minor (breeding pet rats instead of ball pythons), and as someone who is now an adult in business (not ball pythons or pet rats, but an entirely different personal business), a few things come to mind...
Maturity is going to get you every where. Read, research, learn everything you can about your chosen hobby/business, and the animals you are keeping, breeding, and selling. Look at how you present yourself to the outside world. Be able to admit your mistakes when you make them (and you will make mistakes, we all do, we are only human), and do everything you can to make it right. Maturity will get you everywhere at your age. If you come off as mature in your communication with others, your age may not even come up. If it doesn't even come up, you won't have to worry about it.
Make sure you have an adult supporting you and standing with you in this business venture. By this I don't necessarily mean financial support, but because you are a minor and cannot legally enter into a contract, I highly recommend having an adult who will stand with you in the event something does go wrong. This isn't so the adult can take the fall for you (and if both of you go about it the right way there hopefully never will be a devastating fall) if something goes wrong, but because some people would like to see an adult backing you to be sure you do have guidance and are going about it the right way. If you don't have an adult standing behind you, you can still try it, just know some potential buyers will back out because they are uncomfortable with the risk on their end of doing business with a minor. And they have every right to be uncomfortable. Be honest, be upfront, but also be respectful and understand why others may feel this way.
Focus on local cash-based transactions. As a minor you won't be able to take credit cards, unless you have an adult working with you who can. I don't think you can sign up for an account to ship reptiles either, or even a PayPal account, unless you have an adult signing up for you (then legally that adult is the one liable should something go wrong, that's why I say have an adult supporting and working with you - it will open up your options to a wider audience, how you work out this deal with that adult is between the two of you). So one way or another, unless you have that supporting adult, you'll be forced into local transactions only. Cash-based is important, because checks can be fraudulent, and that will hurt you. (I recently had a check from a customer bounce. Fortunately that customer paid half in cash and half in check, so I didn't lose money, but I also didn't make money. Not happy about it, but could have been much worse.)
Another thing about having an adult supporting and working with you - it gives you more backbone. There are people out there who will try to take advantage of you as a minor. They are few and far between (in my experience), but they are out there. Having a supporting adult doesn't mean they won't try to take advantage of you, but it means you have a better foundation to get you through it if they do try it.
Quote:
Originally Posted by WtGreg
Allow me to give you a hypothetical:
Python ban succeeds. The next attack is smaller pythons. It succeeds. All these bigger breeders that have employees, overhead, insurance whatever that may raise their costs deem it isn't worth it to stay in. They close and now there are now more higher costs to compare to. Now the only competition is you versus others. No more genes are coming in, especially because banned or not, alot do come from large breeders. Smaller breeders have no new genes left, so all genes available are now set with no possibility of change. Now the only thing to hope is what is available stays above the same costs as a normal.
You undercut from $600 (they're charging) to $200 (your charging) now. Someone wants to undercut you, they go lower. So on and so forth. <-- this is how it works, like you said, yes.
So nothing new coming in, all you can do is watch as everything drops because there are no more higher priced snakes and every combo possible becomes available and also drops. In no time you are left with extremely nice snakes, but no value. Suddenyl you can't sell the snakes you still have either because no one is buying. Now you need a 9-5 to support yourself and your hobby, which you don't care for anymore because you can't make a quick buck off it anymore.
Now instead all this happens from the first paragraph, but instead you slow down this dropping by not having done such a dramatic undercut in the past, as does the others undercutting your undercut. The market, now limited to set genes, will last longer one this merit alone. It can prolong things by not pursuing such a quick sale now. You want to make $200 on a $600 snake, well what if there is not $600 snake anymore? You can't move on to the next project if you aren't able to afford it, much less your current project.
You call it business sense, but good business sense also includes thinking long term, not just what you can make now.
For what my word is worth, as little as that may be... One problem I see with keeping prices high... you are limiting your sales base.
At higher prices, the only people who are really buying are high end collectors with money to burn, or other breeders. Other breeders means more snakes being produced, and if those snakes are more high dollar morphs, that means more animals being produced than there is a demand. As others have stated, when supply is higher than demand, prices much fall, or else you'll be sitting on your "product" for a long time before it leaves the shelf.
For your average pet hobbyist, high prices are not very attractive. The snake might be, but I know VERY VERY VERY FEW people who are willing to pay more than $1,000 for a snake, no matter how attractive. Most of the average pet hobbyists I know don't even want to pay more than a couple hundred at most. The cheaper the better. That's why these people are going to pet stores and buying $20-50 normals instead of going to breedings and shelling out hundreds or thousands for the prettier morphs, even though those same people think those other morphs are more attractive. Those people I know who are willing to pay the higher money either have cash to burn (literally) or are breeders and willing to pay that higher price.
So for people who are in it for a hobby, and marketing to the pet hobbyists and not other breeders, why shouldn't they lower their price to what it can sell for? That opens up the market to a much wider buyer field, which can actually be an advantage. When people realize they can get pretty snakes for $200 instead of $1,000+, they'll more seriously consider buying those snakes. When more people consider buying snakes, that means more sales, period.
That doesn't mean you can't sell something for a higher price tag, but it does mean you need something to back up that higher price tag. That may be quality, customer service, brand name, etc. But the possibility is there. And just because there are morphs at lower cost, doesn't mean everyone is going to go out and buy those lower dollar morphs. There are going to be a lot of people trying to buy cheap morphs and breed them to make money, but they won't survive. People do the same thing with dogs, rats, birds, cats, fish, etc. I've even seen people do it with dollar store purchases. It's everywhere. If those people know how to throw a good sales pitch, they'll survive. If they don't, people will get wise and move on. People who are in it for a REAL business, to produce quality animals that can sell for a higher price, they will forgo the cheaper prices for lower quality animals and pay the higher price for a better quality animal. But in order to sell at a higher price, that means you need to produce a higher quality, with the customer service, reputation, brand, etc to back it up.
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Re: Morning Gripe: A thought on lowering prices too far
Quote:
Originally Posted by brobertson
Thank you very much for the input, I am really working hard at making a solid rep for myself. I would love not to have to drop my pricing, I'm just a bit worried about the possibility. My one reference is a sale, and I am certainly happy to have that, even if it isn't on the BOI. Any other sage words? I really appreciate it.
Hi Mr. Robertson, I bought Salazar (my spider) from a 12-year old that I drove 120 miles for. If I remember correctly, I paid $400 for him. That's a lot of money to have to drive 120 miles for to buy from a 12-year old. But, I did it. The kid is experienced too. I wouldn't be surprised if he's on BP.net... (if you are, you must be around 16 now and I'm super interested to know how you're doing, so give a shout out over here!). From what I understand, he chooses his snakes carefully and his dad is the "legal" side of things as well as the driver and overseer (to meet buyers). He doesn't breed (not yet at that time, at least). He goes to Reptile shows and builds his stock from there, picking great babies that he can grow out and then sell.
I decided to purchase from him even knowing that he's a 12-year-old because of the way he handled himself. The pictures of his stock was top-notch. He knew everything there is to know about ball pythons, especially proper husbandry, answering all my questions. All his emails and all our phone conversations were very professional. If he did not mention his dad (which led me to ask how old he is), I wouldn't have guessed he is 12! Good grammar on the emails and none of these short-cut teen-age speak. Very respectful on the phone calling me Ma'am and very well modulated voice (I pay attention to that kind of stuff). I asked him to meet me halfway but he refused as his dad did not want to drive that far but he was very respectful in saying it and tried to counter it by telling me all about how the reduced pattern in his spider is really worth the trip (quite excellent, confident but non-pushy salesmanship). And one thing that really impressed me is he told me that his spider does not have a noticeable wobble at this time but all spiders have the potential of wobbling as they grow older. Shows me he wants to make sure I'm going to keep the snake. It made me think hard and do more research on spiders. I met him and his dad at a public place (I've never spoken/written to his dad), I wrote the check out to his dad's name (I did not want to pay cash so I can dispute the sale if needed). They had to give me that extra level of trust that my check is good. Now, the funny thing is - his dad is deathly scared of snakes but he is a businessman, so he lets his kid keep his snakes in his room and nowhere else in the house. He had a lemon pastel that he brought just in case I'd be interested in it as it would be a good breeding pair with the spider (another good salesmanship). I had no interest in breeding, I just wanted a pet snake, so I didn't get the lemon pastel but it was very very tempting! Love that kid! And he's TWELVE!
I wonder how that kid is doing now...
My advice: Learn what it takes to be a professional and pay very close attention to economics class (that is if you have a good teacher, if not, go take some business courses or something... there should be some community education summer courses available on those circulars that come by the house).
And one last thing: one bad review wipes out 10 good ones just like one rep-killing post on EBN wipes out 10 good posts that can potentially kill your chances of having EBN customers. And EBN members usually know members or are members of other forums and this rep could follow you around. Be very careful with what you say/do on these sites. Not many people will give an age-pass when it comes to parting with hard-earned cash.
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Re: Morning Gripe: A thought on lowering prices too far
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Originally Posted by Kodieh
My point stands in the current situation, though you are right in your hypothetical.
In my opinion, people are too afraid to undercut an undercut especially when it's already that low. I'll admit I'm talking more on a show level than Internet Sales, but the point is the same.
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Thank you for this comment! It is so important to acknowledge the difference as well as similarities in show sales versus internet sale!
Shows many times have tighter variances in prices than internet, at least the ones I have been to. I have heard of other shows being different from this, but the shows I have been to have not been so. So when it comes to the deals they give, alot of times you may find they are pretty close from booth to booth, person to person for similar snakes since they also start at tighter together base prices. Thing is the deals are not flaunted and that is important; the next person may not know nor get the same deal you got, either better or worse. This is important, read past comments for why, I don't want to say everything all over again, but within the shows things just seem a little more balanced.
Jumping the comparison over to internet prices, well I have usually not paid full price for a snake at a show unless I truly wanted that particular snake, but also usually know I can get online and find a better deal. At the show I get a chance to meet the person and see how into it they are, see the snake in person, and other little things, so I am OK with paying a little extra for this, and it helps them with gas money and what not to have even come to the show, so I am personally supportive of shows and the different prices compared to the internet. It is important though to acknowledge these difference and understand them instead of just saying "shows are too high priced" which I have heard a lot of, but there are reasons for this on both the sellers and the buyers side.
unfortunately, this is where I will stop my rant on shows, but if it comes up again I have more to say ;) . Thank you again for pointing out another important point to be made that wasn't referenced before.
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Re: Morning Gripe: A thought on lowering prices too far
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Originally Posted by WtGreg
Thank you for this comment! It is so important to acknowledge the difference as well as similarities in show sales versus internet sale!
Shows many times have tighter variances in prices than internet, at least the ones I have been to. I have heard of other shows being different from this, but the shows I have been to have not been so. So when it comes to the deals they give, alot of times you may find they are pretty close from booth to booth, person to person for similar snakes since they also start at tighter together base prices. Thing is the deals are not flaunted and that is important; the next person may not know nor get the same deal you got, either better or worse. This is important, read past comments for why, I don't want to say everything all over again, but within the shows things just seem a little more balanced.
Jumping the comparison over to internet prices, well I have usually not paid full price for a snake at a show unless I truly wanted that particular snake, but also usually know I can get online and find a better deal. At the show I get a chance to meet the person and see how into it they are, see the snake in person, and other little things, so I am OK with paying a little extra for this, and it helps them with gas money and what not to have even come to the show, so I am personally supportive of shows and the different prices compared to the internet. It is important though to acknowledge these difference and understand them instead of just saying "shows are too high priced" which I have heard a lot of, but there are reasons for this on both the sellers and the buyers side.
unfortunately, this is where I will stop my rant on shows, but if it comes up again I have more to say ;) . Thank you again for pointing out another important point to be made that wasn't referenced before.
At shows around here, every one prices everything around the same price, rarely going lower than one another. But, just chat someone up and suddenly the animals half as much. I wouldn't beat around the bush, price marked will be rock bottom for me.
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Re: Morning Gripe: A thought on lowering prices too far
What about all the Face Book Reptile Auctions that are just giving away animals??? A lot of those animals sell for way less than something listed on KS or Fauna.
Ultimately this means the Buyer is the one who sets the price now, not the Breeders...
I don't particularly care for the auction of animals, but it seems more and more online sales are being made this way so I may have to cave.
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Re: Morning Gripe: A thought on lowering prices too far
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Originally Posted by coldbloodaddict
What about all the Face Book Reptile Auctions that are just giving away animals??? A lot of those animals sell for way less than something listed on KS or Fauna.
Ultimately this means the Buyer is the one who sets the price now, not the Breeders...
I don't particularly care for the auction of animals, but it seems more and more online sales are being made this way so I may have to cave.
On the flip side, how many members are in those groups to see the auctions? Fauna has more than 83,000 registered members, and while I'm not a member of KS so I can't see the stats, it's been around for 16 years so I'd bet it is very popular. The busiest FB auction groups run between 3-4,000 members, and I can't keep up with most of them. Granted, the focus is more specialized, with balls, boas, and lizards having their own specific groups, but that's still a pretty small subset of the nationwide market for an auction, thus the price will be lower.
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Re: Morning Gripe: A thought on lowering prices too far
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Originally Posted by rabernet
"I" would quietly wholesale them to someone if I were that desperate. There are plenty of breeders out there that have demand for animals they they may not have at the time who would be happy to take them off your hands and make a profit selling to their customers.
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Exactly. I've already spoke to a few breeders in regards if I get backed up with babies or if I have some kind of reason to get rid of stuff fast and we'd agreed that I could always wholesale to them.
Another option would be to list the price and put and put but feel free to make an offer, at least that way it's not public.
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Morning Gripe: A thought on lowering prices too far
Thanks a million for the response, this will really help me out. I am very fortunate that my parents support my hobby and do not mind helping me out on little thing like my customers writing checks to them. I really appreciate you taking to time to respond!
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Re: Morning Gripe: A thought on lowering prices too far
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Originally Posted by WtGreg
In no time you are left with extremely nice snakes, but no value. Suddenyl you can't sell the snakes you still have either because no one is buying. Now you need a 9-5 to support yourself and your hobby, which you don't care for anymore because you can't make a quick buck off it anymore.
I was with you right up until this point. I am a hobbyist because I love my animals. My snakes are like a magical money pit that I throw cash into and they make it disappear, I doubt I will ever make money off them. In fact I would be thrilled to break even, but that's not what this is about for me. I clean cages every day and buy fancy absorbent liners and herpstats and racks and pay retail for feeders because I like my animals, not because I expect some kind of ROI. In fact I would happily GIVE a snake away for free to someone who will take good care of it, because at the end of the day it's about the well-being of the animal regardless of the morph.
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Re: Morning Gripe: A thought on lowering prices too far
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Originally Posted by Badgemash
Quote:
In no time you are left with extremely nice snakes, but no value. Suddenyl you can't sell the snakes you still have either because no one is buying. Now you need a 9-5 to support yourself and your hobby, which you don't care for anymore because you can't make a quick buck off it anymore.
I was with you right up until this point. I am a hobbyist because I love my animals. My snakes are like a magical money pit that I throw cash into and they make it disappear, I doubt I will ever make money off them. In fact I would be thrilled to break even, but that's not what this is about for me. I clean cages every day and buy fancy absorbent liners and herpstats and racks and pay retail for feeders because I like my animals, not because I expect some kind of ROI. In fact I would happily GIVE a snake away for free to someone who will take good care of it, because at the end of the day it's about the well-being of the animal regardless of the morph.
You described my experience breeding right there. They do take my money, time, everyday cleaning, basically you described the hobby for me. Any money made goes right back into buying more snakes to get the next project going. Still I love having the snakes even with all they can take. I haven't had an actual strong ROI myself yet when it is broken down. They bring in enough to stay in the hobby for me, but in no way can I actually relate them to a job personally.
If you have ever had to do debate as a large chuck of a college (or any level really) course, one tactic is to argue on a persons level to which they would understand, playing on their level/grounds in a way. The person I was responding to was (in my interpretation) sounding more like a person who was doing this as a living, which questionably could suggest in it for the money just as much as for the snakes so the argument was presented as how it could affect that situation. If you read back, you'll see where it is even suggested the relation of breeding to a 9-5 before I placed my agrument/response you quoted, so that should help clarify my statement.
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As good a mindset hobbyists have the growth of breeder hobbyists in a reputation based market you will likely see prices fall on many of the morphs. You may just breed for the joy but space limitations and the sheer mass of the animals produced lead to people getting desperate and prices falling. Since the morph side of the animal keeping is heavily breeder oriented, you don't need to go past male and female deserts to see that, you will see severe drops in the prices of base morphs. Well that is my prediction, if that mentality doesn't decrease these low-ballers will likely become more common
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