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Do we over do it or am I now overthinking it? (129 posts / 8,831 views)
snapper1 snapper1
Posts: 3,101
Post #107 18 May 2022 17:28
0
In reply to Post #106
Am I right in thinking in an ideal world a bait company would only do a few baits ,easier I would think .
But has to put a new one out now and then more for marketing than a real step forward in bait progresion, thanks.
darkoL darkoL
Posts: 1,822
Post #108 18 May 2022 17:53
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In reply to Post #107
Not just for marketing... To make a cheaper one as well.
Goose Goose
Posts: 12,901
Post #109 18 May 2022 18:04
2
In reply to Post #107
Nowt as fickle as carp anglers, lost count of the times I've seen anglers change bait for no reason but we know that a blank is always the baits fault even if we had a result on it last time out.
frothey frothey
Posts: 3,580
Post #110 18 May 2022 19:05
0
In reply to Post #106
How much would your bait sell for in a tackle shop?

Can't compare direct supply with the convenience of a kilo or so from a tackle shop... especially without the middle man

Agree with the sentiment tho
snapper1 snapper1
Posts: 3,101
Post #111 18 May 2022 19:06
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In reply to Post #109
I don't see much new in carp fishing , but I know little about bait, but through observations if I get my baiting strategy right I'm in with a chance , be that 30 years ago or now , a carps a carp just some bastads are harder to catch sometimes, we have educated them well,
Mozzi Mozzi
Posts: 1,900
Post #112 18 May 2022 19:27
0
In reply to Post #107
Yes mate, unless its outsourced.

I have two baits, but then there is matching liquids, stick mix, pop ups, wafters, bottom baits, paste, with the hookbaits being in multiple sizes, as well as the feed.

it works out all in with the two baits, and the sizes avaliable, that there is 28 items to those two boilies ranges.

Its trying to predict whats popular thats tricky, as tastes change, last April I did about 300 pots of the fishmeal wafters in 15mm, and about half that of 18mm and dumbell, this year roughly the same number of pots but around a 50-50 split of 18 and 15mm, with only 20 pots of dumbell ones sold !


You can't just make loads to stay covered as ingredients are hard to source in some cases currently, and this can bite you badly.
Goose Goose
Posts: 12,901
Post #113 18 May 2022 19:35
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In reply to Post #112
A great bait will always be a great bait, how long has essential been going and I think their b5 is still the biggest seller, think they have only done four or five baits.
Mozzi Mozzi
Posts: 1,900
Post #114 18 May 2022 19:35
0
In reply to Post #110
When I first started a few local shops bought it from me for 6.50 a kilo on the basis of guaranteed monthly orders, and we're selling it at anywhere from 11.99 to 14 pounds.

I couldnt sell it for that price anymore as it costs more to produce, so if they bought it at say 8 quid I have no idea what they'd market it at, 15?

I dont set an RRP as its small independant tackle shops and they will charge what they see fit.

some of the cheaper options in shops I hate to imagine how little it costs to produce, as the shop wants 100% mark up on average.

I do sell a bait at the moment to a tackle shop, its their recipe, but they sell it to about break even, I think its a sentimental thing for the owner quite an old bait.
Mozzi Mozzi
Posts: 1,900
Post #115 18 May 2022 19:38
0
In reply to Post #113
I have no idea whats in his bait or how he keeps his prices down, we buy from some of the same suppliers
Goose Goose
Posts: 12,901
Post #116 18 May 2022 20:21
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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.
Frenzy Frenzy
Posts: 11,403
Post #117 18 May 2022 20:42
0
In reply to Post #115
Volume
Mozzi Mozzi
Posts: 1,900
Post #118 19 May 2022 00:35
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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 😂
Goose Goose
Posts: 12,901
Post #119 19 May 2022 09:14
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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.
Mozzi Mozzi
Posts: 1,900
Post #120 19 May 2022 13:07
0
In reply to Post #119
Some suppliers don't.
Greekskii Greekskii
Posts: 3,436
Post #121 19 May 2022 13:34
0
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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