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#1
12-29-2011, 03:29 AM
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Lol
Ok Marko you win wrong page...
Not the point. But you haven't answered the question. Where did you come up with these numbers. Magic hat? I realize they are a matter of opinion , but when you come online and state things like that, some people might not realize you don't have a clue at what you are saying as assume it is fact. Just my opinion. Also, electronics store and a small specialized hobby shop are a whole different animal my friend. I appreciate you trying to make comparisons with what you may have learned as a part time electronics salesman while putting yourself through school, but you're talking a bit over your head. ( in my opinion) Also, sorry for the late reply. I was watching my stories on my new tv I picked up on boxing day. No xtended warranty FTW! |
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#2
12-29-2011, 03:35 AM
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it basically means i got out of a magic hat. or just made it up as what i think a figure could be |
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#5
12-29-2011, 03:37 AM
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#6
12-29-2011, 03:46 AM
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Any Cottage Industry as a whole has unique issues, but the most specific issue is that most suppliers will sell to anyone...hence the cost of items is well know and most people with an internet connection can figure that out.
This LFS industry is therefore based on three things...1. Things die 2. How do you keep the customer coming into your store after those things die. 3. When they come back...things die...back to thing 2. Simple...but hey...i'm thinking i want to own bridges... All the best. Wendell |
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#7
12-29-2011, 04:16 AM
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I work in commercial real estate and even though we have just gone thru a recession, rents in this city especially retail remained strong, with low vacancy rates. Therefore most retail tenants have likely seen their rents increase over the last couple of years in this city. As many of you remember, labour costs soared a few years ago and while most contracts and service providers have been able to stabilize their costs, no one dropped their prices, they simply kept them where they left off. I have never seen a landlord drop their operating costs, always increases. I can drive around this city and have a pretty good idea of what rents are, hence the locations of the smaller lfs. When a business is paying thousands a month in rents alone, utilities, staffing, plus the cost of stocking their stores, I am amazed at who stays in business. I've seen many mom and pop stores just not able to make it, even franchises and national tenants close down, so I always have admired those who start or maintain a business successfully, honestly and with integrity.
I don't boxing day shop, hate the crowds and really don't see the big deal. I went to a couple of stores this year, late in the afternoon, missed the rush and got what I needed. I know which stores I will continue to shop at, not for pricing but for the service. I've received a few freebies "just to try" in my tank rather than spend money on something that won't survive in my tank. Ive considered buying stuff that i was talked out of bec it was a waste of money, and i was thankful. That is what will bring me back. Walking into a store I've been in 3 times and being called by name (happened today). Everyone is out to make a buck, so what? Boxing day is a rip off, sure there are deals to be had...take what you want and leave the rest! Just my 0.02 |
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#8
12-29-2011, 03:50 AM
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This is what I paid for a bucket of salt about 10 years ago. The wore out pricetag is for $160.28. That same store now sells the same salt for $59.99. I'm quite happy paying todays prices. I dont shop at that store anymore, I get my salt for $50/pail now. Just be fortunate you have stores to choose from in your town. It's pretty much a known fact that most LFS stores sell salt at cost or below cost to get the consumer in there. Try not too tick off some of your LFS that are possibly reading this thread right now, it may backfire on you when you do ask for a better deal at other times of the year. Most of them are willing to knock off a few bucks if asked. Wendall has for me and i'm 500 miles away.
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#9
12-29-2011, 03:57 AM
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it works...and my doors are open.... Wanna buy a fish store, call me.... Wendell |
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#10
12-29-2011, 04:38 AM
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I like you Wendell, you don't need to sell your store. If you change your old staff with a new friendly and knowledgeable staff it will help. Sometimes I don't shop in that store just because I don't like their staff, but the owner  |
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