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- Sep 23, 2018
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Supply and demand (As you can see they fly off the shelves).
Demand is up, more people in the hobby now then ever it seems like. Indo closed for many years... making some of these pretty rare as aquaculture wasn't keeping up with demand. Indo is back open but with new regulations, only certain areas opened... so supply is better but still limited and is not meeting demand. Covid has now stopped many supply chains again.
At least thats how I understand it.
I figured there had to be something like what you & @Tamberav explained, makes a lot of sense. It’s funny that just a few years ago you could get one for like $15. Maybe again once all these lovely people grow theirs out & want to start fragging them.Tamberav is right, that is the gist of it.
Many variables go into the price of a coral, scarcity is a big factor, cost being another. Indeed some types are harder to get now - everything from changing Government regulations, export quotas, CITES, seasonal conditions for collection, sustainable practices, lack of abundance at collection site, flights (which most are stopped due to COVID), successfully transporting them, and keeping them alive and well over longer periods of time, just to name a few factors. Some collectors are also choosing to go farther out to sea for collection expeditions (sometimes over a week). Generally speaking, fees, COGS, overhead are all higher now.
Conversely some items may have come down in price over the years.
Anymore price reductions coming?Indeed there was less competition on Sunday, and more success in scoring deals for those that kept with it. Congrats to those that got what they wanted. =)
We are dropping some prices here and there on the page. ;Cat;Clown
Same hereI didn't really want to spend more money on corals right now... but now I kinda do.
Hi,@joefishUC
Do you know if they are answering emails. I sent an email out (yesterday) about one coral shipment address different than the others and i want to make sure all corals are shipped to the same address
Congrats to the winners. If you don't want one of these great prizes, I'll gladly take it off your hands.If anyone didnt see...
Prize Winners:
$300 LiveStock Gift Card- Roy Garcia
$150 LiveStock Gift Card- Shawn Demain
2 pack of Triton ICP tests ($98 value)- Stevie Holley
1 Triton ICP test ($49 value)- Timothy Scott
1 Killer SPS Frag Pack - 9 pieces our pick ($325 value)- Victoria Locklar
Congratulations and happy reefing!
I have to say, and I note I bought corals and im happy with my purchases. When you say 80% off and almost every single listed items is no more then 40% its little aggravating. I suppose I could of missed a few 80% off items but i followed the sale both days for nearly the whole time. For feedback purposes I dont feel like i got a STEAL on anything and was slightly misled on the whole "sale" aspect of this. I get that its marketing but just wanted to say I felt a little misled.
I personally felt like I got some great deals. I grabbed a couple of the $5 corals that had a retail price of $29, which comes out to an over 80% savings. I also grabbed a few pieces that were over 50%, including the Captain Marvel Tenuis that was listed at $249 but I bought for $99. Thanks @uniquecoralsPOST #1 Paragraph 2; PER UC
$5 corals, signature, colonies, frags, and specialty collector's items . This LS we'll be highlighting a copious selection of specialty Zoa/Palys for you.
Grab these amazing deals at up to 80% off. If you have been a part of our past LiveSales, you'll know that everyone will walk away happy....cont"
Note the "UP TO" before the 80%
There were some great deals. I somewhat get what your saying, however 80% off is well below cost. The Euphyllia I picked are were definitely 30-60% less than what you would generally see priced and equal to or 10-15% lower than competitors sales.
You weren't misled....you misread.
I don’t think I misread I understand not every single coral will be 80% hence me buying several. But when I follow a live sale for 8 hours and there are supposed 80% off deals and I’m looking at prices and the math isn’t adding up on ANY that I saw which was ALOT of them. I even admitted that I probably missed some just expected some more deals with all the hype. That’s all I was saying. Don’t think I misread anything just doing feel like feeling like I got “marketed” but I did. That’s my outlook and my feedback to the event anyways have a great day.POST #1 Paragraph 2; PER UC
$5 corals, signature, colonies, frags, and specialty collector's items . This LS we'll be highlighting a copious selection of specialty Zoa/Palys for you.
Grab these amazing deals at up to 80% off. If you have been a part of our past LiveSales, you'll know that everyone will walk away happy....cont"
Note the "UP TO" before the 80%
There were some great deals. I somewhat get what your saying, however 80% off is well below cost. The Euphyllia I picked are were definitely 30-60% less than what you would generally see priced and equal to or 10-15% lower than competitors sales.
You weren't misled....you misread.