Maybe cyber Monday will be better
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Maybe cyber Monday will be better
Not much margin on equipment to discount .... from unless a seller wants to sell it as a LOSS LEADER
Now corals and fish? HUGE markups
Most times sellers try to TRIPLE their money on fish and coral.
They'll buy a $100 colony and frag it up into $300 worth of frags
Same $100 investment in equipment for sale... they may only get a $20 profit at a $120 sale price
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But you have to place an order first to get the $10 promo assuming it's $10 like I gotWith the BRS mystery card, you essentially get a minimum $10 off every order. With free shipping at $35, that's almost 30% off if you place the min to get shipping, plus the already discounted item. Locally, I can place a $10 order for pickup and get a $10 card making it essentially free. This is a pretty good deal if you ask me.
Ah yes, typical tactic used by most companies out there. It's become especially awful since Covid. Prices were normal, then they raised them up and then offered a sale price on Black friday... which was the normal price from months ago.It was a joke, at least online. I bought 4 @noopsyche k7 pro lights October 17th for $209 each with no sales tax. I would like to add one more but I wait. Black Friday I see they are offering $39% off. I'm like heck ya. Go to the site and they are $309 and they are now charging tax. One light shipped is now $242. I'm like what the heck. Needless to say I didn't buy a light. This whole black Friday thing has becomes farce. But hey I didn't hear about anyone getting trampled so that's the positive I take away from it.
The market is over saturated and is heading for a cliff, between the big players, garage chop shops and LFS's, it's becoming too much coral and not enough buyers.I’ve loved seeing how cheap named corals have been this week.
Almost every piece of equipment in this hobby has a 40% margin minimum. Some are 50-60%.Not much margin on equipment to discount .... from unless a seller wants to sell it as a LOSS LEADER
Now corals and fish? HUGE markups
Most times sellers try to TRIPLE their money on fish and coral.
They'll buy a $100 colony and frag it up into $300 worth of frags
Same $100 investment in equipment for sale... they may only get a $20 profit at a $120 sale price
.
You did? I just got some r2r spam in my inbox for what looked to be not so good deals but I’m guessing these vendors paid r2r a little extra to send.I’ve loved seeing how cheap named corals have been this week.
While equipment and supplies price have increased, I am seeing a decrease in livestock price, especially with common fish.
- Hippo tang $40
- Foxface $40
- Pintail wrasse $50
- Tomini tang $60
- Red firefish $10
- Royal Gramma $20
- Banggai cardinal $15
And many more...
And even coral price have gone down with $75 gold torches, $30 named acros like Bill Murray, many encrusters at $10-$20.
What gets me is that I bought a frag from a big name online retailer a couple months ago at regular price. That regular price was still cheaper than the black friday price as they marked the price up a considerable amount prior to black friday. Very disappointed to say the least. Just goes to show that sellers were marking prices up to make it look like they were giving deep discounts!