New Posts New Posts RSS Feed: Biggest mark up.
  FAQ FAQ  Forum Search   Register Register  Login Login

Biggest mark up.

 Post Reply Post Reply Page  <12345 7>
Author
jeffers View Drop Down
Really should get out more
Really should get out more
Avatar

Joined: 29 Mar 04
Location: United Kingdom
Online Status: Offline
Posts: 3048
Post Options Post Options   Quote jeffers Quote  Post ReplyReply Direct Link To This Post Topic: Biggest mark up.
    Posted: 12 Oct 18 at 2:45pm
Originally posted by Do Different

A long established local bike shop closed recently; sales had simply dwindled below that which would cover fixed costs.

It was quoted that bike shops are closing country wide despite the growth in the popularity of cycling.

I firmly believe that there no such thing as an easy saving or quick profit, somebody or society as a whole pays in the end.

  

The owner of our local bike shop is a bit of an arse. it is a shame as I would go there despite them being a bit more than online retailers or places like Halfords for the bits I need to keep my old bike running.
Paul
----------------------
D-Zero GBR 74
Back to Top
Do Different View Drop Down
Really should get out more
Really should get out more


Joined: 26 Jan 12
Location: North
Online Status: Offline
Posts: 1312
Post Options Post Options   Quote Do Different Quote  Post ReplyReply Direct Link To This Post Posted: 12 Oct 18 at 2:32pm
A long established local bike shop closed recently; sales had simply dwindled below that which would cover fixed costs.

It was quoted that bike shops are closing country wide despite the growth in the popularity of cycling.

I firmly believe that there no such thing as an easy saving or quick profit, somebody or society as a whole pays in the end.

  
Back to Top
iGRF View Drop Down
Really should get out more
Really should get out more
Avatar

Joined: 07 Mar 11
Location: Hythe
Online Status: Offline
Posts: 6499
Post Options Post Options   Quote iGRF Quote  Post ReplyReply Direct Link To This Post Posted: 12 Oct 18 at 1:57pm
Originally posted by laser193713

 It's why in the bike industry brands such as Canyon who are direct to consumer get so much attention, on the plus side they make access to the sport cheaper and more attainable, but at the same time are likely to kill off the local bike shop. 
Which in turn can kill off valuable sections of the sport like mountain bikes, where influential lbs's would organise rides and tuition for their clients but with out LBS and the profit motive, that very quickly erodes.. sound like anything else we know?

Edited by iGRF - 12 Oct 18 at 1:58pm
Back to Top
turnturtle View Drop Down
Really should get out more
Really should get out more


Joined: 05 Dec 14
Online Status: Offline
Posts: 2538
Post Options Post Options   Quote turnturtle Quote  Post ReplyReply Direct Link To This Post Posted: 12 Oct 18 at 1:17pm
Of course it does- it’s called a value proposition for a reason.
Back to Top
Sam.Spoons View Drop Down
Really should get out more
Really should get out more


Joined: 07 Mar 12
Location: Manchester UK
Online Status: Offline
Posts: 3401
Post Options Post Options   Quote Sam.Spoons Quote  Post ReplyReply Direct Link To This Post Posted: 12 Oct 18 at 10:06am
Originally posted by turnturtle

 
I think the price is reasonable, it could £899 and those who want it or need it, would still pay it

What people will pay has absolutely nowt to do with value.
Spice 346 "Flat Broke"
Blaze 671 "supersonic soap dish"
Back to Top
Fatboi View Drop Down
Posting king
Posting king


Joined: 09 Aug 16
Location: Hampshire
Online Status: Offline
Posts: 189
Post Options Post Options   Quote Fatboi Quote  Post ReplyReply Direct Link To This Post Posted: 12 Oct 18 at 9:54am
The Marlow (and English Braids owner) flies down in his plane from the midlands when going to see Marlow... I heard that he owns half of Gloucester airport, but that could be just a rumor. 
Controlling the manufacturing and supply to retailers the mark up is outrageous. 
https://companycheck.co.uk/company/05648038/MARLOW-ROPES-LIMITED/financials
https://companycheck.co.uk/company/00932500/ENGLISH-BRAIDS-LIMITED/financials







Edited by Fatboi - 12 Oct 18 at 9:57am
Back to Top
turnturtle View Drop Down
Really should get out more
Really should get out more


Joined: 05 Dec 14
Online Status: Offline
Posts: 2538
Post Options Post Options   Quote turnturtle Quote  Post ReplyReply Direct Link To This Post Posted: 12 Oct 18 at 9:51am
Originally posted by RS400atC


Originally posted by Sam.Spoons

Sorry TT but it's hard to see Laser as being better in any of those aspects than the windsurfing manufacturers. And, regardless of R&D I still think a 2 metre piece of simple CF tube shouldn't cost over £500......
A Laser topmast is over 3m long.
If anyone can make 'replica' carbon top masts for a whole lot less than £500, I'm sure there is a market. I'm not aware of any on offer?
Retail is a hard business. Even when it's money for old rope, you have to shift a lot of old rope to pay the salaries, rent, bills, and to make it worthwhile.


Exactly. Try getting a courier contract without an established business when dealing in large product...

I think the price is reasonable, it could £899 and those who want it or need it, would still pay it
Back to Top
robinft View Drop Down
Far too distracted from work
Far too distracted from work
Avatar

Joined: 18 Jun 04
Location: Thorpe Bay YC
Online Status: Offline
Posts: 252
Post Options Post Options   Quote robinft Quote  Post ReplyReply Direct Link To This Post Posted: 12 Oct 18 at 9:48am
Originally posted by Fatboi

Sails - the material is so cheap to buy and chopping and stitching it back together and all of a sudden its worth hundreds or thousands more. 




It's easy to make a small fortune as a sail maker - start with a large one.
Laser number 9
Back to Top
RS400atC View Drop Down
Really should get out more
Really should get out more


Joined: 04 Dec 08
Online Status: Offline
Posts: 3011
Post Options Post Options   Quote RS400atC Quote  Post ReplyReply Direct Link To This Post Posted: 12 Oct 18 at 9:41am
Originally posted by Sam.Spoons

Sorry TT but it's hard to see Laser as being better in any of those aspects than the windsurfing manufacturers. And, regardless of R&D I still think a 2 metre piece of simple CF tube shouldn't cost over £500......

A Laser topmast is over 3m long.
If anyone can make 'replica' carbon top masts for a whole lot less than £500, I'm sure there is a market. I'm not aware of any on offer?
Retail is a hard business. Even when it's money for old rope, you have to shift a lot of old rope to pay the salaries, rent, bills, and to make it worthwhile.
Back to Top
laser193713 View Drop Down
Really should get out more
Really should get out more


Joined: 13 May 09
Location: United Kingdom
Online Status: Offline
Posts: 889
Post Options Post Options   Quote laser193713 Quote  Post ReplyReply Direct Link To This Post Posted: 12 Oct 18 at 9:40am
It's amazing there aren't more millionaires in the marine industry isn't it! Clearly the margins aren't as high as you might think...

I do however agree on the rope analogy, I know how much I pay for rope buying direct from a manufacturer. BUT... there are several different stages to go though before that rope gets to your boat, each stage wanting a margin in the region of 40% to run their business. 

£100 cost price product suddenly gets expensive when you apply each step at a 40% margin!

£100...£167...£278.89...£465.75
Then add VAT and you realise how quickly things get expensive. 

It's why in the bike industry brands such as Canyon who are direct to consumer get so much attention, on the plus side they make access to the sport cheaper and more attainable, but at the same time are likely to kill off the local bike shop. 
Back to Top
 Post Reply Post Reply Page  <12345 7>

Forum Jump Forum Permissions View Drop Down

Bulletin Board Software by Web Wiz Forums® version 9.665y
Copyright ©2001-2010 Web Wiz
Change your personal settings, or read our privacy policy