diverdeb001
Contributor
Where does Leisure Pro etc get their inventory???? They must be buying a lot to have the low prices???db
Welcome to ScubaBoard, the world's largest scuba diving community. Registration is not required to read the forums, but we encourage you to join. Joining has its benefits and enables you to participate in the discussions.
Benefits of registering include
Genesis once bubbled...
In a year (if they don't rent out at all) you put them on eBAY at 20% over cost.
OneBrightGator once bubbled...
Until you actively participate on this side of the argument you claim to know everything about you're speaking out of ignorance.
Dive Source once bubbled...
...
As a shop owner I find it very sad that your experiances have been bad enough to generate this much distrust of the LDS structure.
...
I work hard to earn my customers business everyday and as a human being I make mistakes as well as have successes and resent being labelled or grouped.
...
There are LDS's out there that are great and their are those who can improve just like every business or person in the world and assuming all of them are bad is selling them and yourself short in life.
netmage once bubbled...
My statement is based on my experiences with shops. ..... I am still holding out hope & searching. Somewhere out there is a quality shop I can walk into - yet I havn't found it. I do not think I'm asking for much...
...These are not customer service problems endemic to the diving industry just extremely prevelant, and I really havn't even gotten into the whole pricing issue which normally occupies these threads.
Genesis once bubbled...
Here are folks in a dying industry talking about how horrible it is, and yet they are choosing as a response to do more of what is causing their own demise.
And I love the "20% ROI annually is horrible" crowd. Uh, Mike, no its not. Yeah, yeah, I know all about marginal costs and fixed costs, and all that. But what does having the suits available for rental and then turning them over in this fashion cost you beyond the static investment in the shop?
Nothing.
Seals need replaced every few rentals? Every 2 or three? C'mon. You're telling me that every five or six dives you're replacing seals? You're kidding me, right? Set the rental price high enough to cover the maintenance, of course, plus the depreciation in value as you perceive it to be on eBAY or similar.
Even just buying the suits, sitting on them for a year ON A SHELF and selling them at 20% over cost is a nice money maker. And oh, by the way, tying up money isn't bad - its called investment, when you have a reasonable rate of return.
Many times I had a product that we sold at "only" 10 or 20% over cost. Would I make an entire business out of that? No; I had better margin things to sell too. But on balance was it a bad investment to do this? No way. Not unless I needed the money for something else. At some point if you have a successful business you have free cash flow that can be "parked" in investments like this, which earn a nice return, and are still fairly liquid if you need the cash for some reason. While this kind of investment isn't as liquid as, say, QQQs, its a hell of a lot less volatile and in 7-10 days you can be out with your hide intact if you need to.
diverdeb001 once bubbled...
Where does Leisure Pro etc get their inventory???? They must be buying a lot to have the low prices???db