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In reply to Post #127
There’s a limit to that though to be fair, putting it out there I have no doubt over his bait credentials, but prices WILL increase from him soon there’s no two ways about it, of tge very few times I’ve spoken to him he seems to be brimming with integrity so he would be cutting anything but costs WILL be increasing. And rightly so.
Milks have gone up at least 50% and will continue to do so. As will egg products, fishmeal due for another increase, and this is all just this year, any bait formulated more than ten years ago will be at least 25% more expensive to produce now with the same ingredients.
And for the record and yes I’m bias anglers don’t realise we also need to make a living.
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In reply to Post #122
But in all business ventures you have static costs and variable costs… rent, etc is the same every month regardless of how much product you sell, where as material costs are dependant on the amount you sell.
So if you sell 2000kg a week your rental costs are 2000 a week that’s a pound per kg….
Also electricity etc, granted more bait more machines etc running higher costs, but things like lighting etc will be the same costs every month. There lots of static monthly costs that work in the larger companies advantage…. They can also sell at a lower profit margin, cos the volume boosts there profits…
Stack it high and sell it as cheap as possible, we’ve all heard that before.
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In reply to Post #127
Huge loyal customer base all over Europe, probably the most consistent bait maker ever and there bait has been catching fish rather than anglers for a very long time now.
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In reply to Post #122
Like you said, you don’t really know what they are doing so who knows. Clearly selling enough to be able to keep prices down for customers and make enough to be comfortable. Same can’t be said of a majority of other firms. Whatever they are doing is working.
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In reply to Post #124
I was complementing your relationship?!
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In reply to Post #123
Ah the trolls back 😂 I pay delivery like everyone else 😉
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In reply to Post #122
They must really like you if they are selling you less and using 4 times as much diesel delivering it to you.
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In reply to Post #121
Essential aren’t selling metric tonnes a day so aren’t buying tens of tones of each ingredient. There isn’t a lot of movement ton items from sack to tone price less than a tenner a bag on high spec milks but I’m fortunate to get the tonne price on a lot. Pretty much because I buy as much but physically cannot store it, most people get month deliveries from suppliers I get one to two a week. But of say, 750kg of ingredient as opposed to 5 tonne. Some people like me lol
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In reply to Post #118
more bait you sell the easier it is to lower price points and still retain profit. If someone has to make a living off selling 20kg a week they need to sell at a higher price than someone making a living from selling 200kg a week.
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In reply to Post #119
Some suppliers don’t.
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In reply to Post #118
There are no level playing feilds in business, suppliers tell lies. Not as bad as it used to. Once had a trade account with Travis but never used it as most materials could be bought from wicks who are owned by Travis for a quarter of the price.
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In reply to Post #117
We buy from the same suppliers for a lot of bulk ingredients, I’m not sure what he’s making a day but essential aren’t considered a very large company compared to some, there won’t be a lot of cost different in ingredient as I get time prices on the sack because some people like me 😂
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| | | Frenzy | | Posts: 11403 |  | | [ MODERATOR ] | |
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In reply to Post #115
Volume
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In reply to Post #115
Don't think he supplies any shops now, think he has a huge very loyal customer base. When I used b5 a guy I met was buying it from a shop at trade plus 10% Mark up for shop but was buying a few hundred kg at a time shared between friends. I'm not using it now but I know he still buys large quantities direct.
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Bait