Stores loose money on Boxing Day sales?

[mark]

if not, sure be nice to see these prices all the time.

[H22_TURBO]

agreed!!!

[SeaHorse_Fanatic]

It's not so much the cost of the fish, corals and supplies that is expensive but the crazy cost of transportation that hurts the bottom line. For instance, a few hundred dollars worth of livestock can easily be over $1000 in shipping, transhipping fees, etc.

[MarkoD]

Originally Posted by SeaHorse_Fanatic

It's not so much the cost of the fish, corals and supplies that is expensive but the crazy cost of transportation that hurts the bottom line. For instance, a few hundred dollars worth of livestock can easily be over $1000 in shipping, transhipping fees, etc.

Shipping is expensive on livestock because its time sensitive. But dry goods are way cheaper to ship

[msjboy]

I think typical dry goods on a day to day basis have at least a 50% to 60% markup... as for corals and fish, it's probably 50% ( before shipping).

Stuff like groceries at the big box markets could be as low as 2% but they have huge volumes.

msjboy

[MarkoD]

I think it's more like 30% on dry goods and 50% on livestock

[Ryan]

Originally Posted by SeaHorse_Fanatic

It's not so much the cost of the fish, corals and supplies that is expensive but the crazy cost of transportation that hurts the bottom line. For instance, a few hundred dollars worth of livestock can easily be over $1000 in shipping, transhipping fees, etc.

Where do you get this information? I used to work in this industry (less than 2 years ago) and your right there is a few hundred dollars in fish but if your paying $1000 to ship please ask for vaseline when they rape you. We rarely seen shipping costs at half that and we had to fly stuff to calgary then to lethbridge (and extra $100). Generally it was $300/box when they got to Calgary international Airport.


I will however say you guys in edmonton are getting SCREWED HARD! I was up in october and visited a few shops about the only one I seen with decent pricing was RCE. I didnt get a chance to stop at Blue World but I will say I stopped shopping when I seen a Purple Tang for $300 at another shop. Same fish is a $90 fish in Calgary.

Thankfuly Lethbridge stores have finally clued in that people are making trips to calgary for cheaper prices, ordering from JL, and thankfuly they have lowered their prices to keep people local.

[jorjef]

AAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHH wow, I want my life rewind button after reading this thread.

[SeaHorse_Fanatic]

I got it from the invoice of an LFS where I helped out my friend during several recent deliveries of fish and corals. Trust me, the local transhippers are charging an arm & a leg for shipping and handling. I am not "pulling numbers out my whazoo". The $1000 was for several boxes, but the fish and corals cost far less than the actual shipping/handling charges. They also charge far higher than bank exchange rates and that can quickly add up too. My numbers are accurate as of yesterday, not two years ago.

Originally Posted by Ryan

Where do you get this information? I used to work in this industry (less than 2 years ago) and your right there is a few hundred dollars in fish but if your paying $1000 to ship please ask for vaseline when they rape you. We rarely seen shipping costs at half that and we had to fly stuff to calgary then to lethbridge (and extra $100). Generally it was $300/box when they got to Calgary international Airport.


I will however say you guys in edmonton are getting SCREWED HARD! I was up in october and visited a few shops about the only one I seen with decent pricing was RCE. I didnt get a chance to stop at Blue World but I will say I stopped shopping when I seen a Purple Tang for $300 at another shop. Same fish is a $90 fish in Calgary.

Thankfuly Lethbridge stores have finally clued in that people are making trips to calgary for cheaper prices, ordering from JL, and thankfuly they have lowered their prices to keep people local.

[howdy20012002]

OMG, this place always cracks me up.
imagine LFSs wanting to make money.
its not like they put their entire financial well being at risk or anything when they start up a business and hope that they make it work.
It must the difference between owning a business and working for someone else.
I truly don't think that people get how strenuous and nerve wrecking owning a business can be or how much is truly on the line when you decide to open the doors.
Employees generally always get paid for the all work they put in.
Employers generally never get paid for all the work they put in.
Employees, when they lose a job, they go find another one.
Employers, when they lose a job, they lose their business, most likely their home because most of them have mortgaged it once or twice just to help get the business off the ground, and potentially all of their life savings...GONE.
starting over sucks.
Imagine everything you worked for since you started working gone.
would you open a store??? would you risk everything??

so again, imagine a store wanting to make a profit...boxing day or not.
why shouldn't they?????
btw, if they are selling a purple tang for 90.00 they aren't making money.
and the cost of shipping from indonesia overnight is the same if not more money than the corals and fish in the boxes and certainly can cost a 1000.00 for a few boxes.
just my 2 cents.
Neal