Topic: Bat prices in recent years (Read 11312 times)

Manormanic · « **Reply #30 on:** April 27, 2015, 10:01:42 AM »

If a retailer takes a 2 - 2.25 or 50-60% mark up, they'll be clearing roughly £150 on a £300 bat, less a small VAT deduction, they won't sell such bats all the time I'm sure.

That may seem a lot but you have to factor in costs - they need to pay for premises, heating, lighting, IT, financing costs and of course wages out of their cut. If you prefer as I do to have hand picked bats wherever possible, you need to factor in petrol costs and time to acheive that.

I'm not saying I always want topay whats on the ticket and won't haggle, but lets not pretend that the market is a panacea.

TBONTB · « **Reply #31 on:** April 27, 2015, 10:18:30 AM »

From a consumers perspective the cricket business is a very difficult market to navigate, much like the car market. The amount of information is overwhelming yet none of it is an 'authority'. Similarly, prices vary wildly for seemingly the same product and then factor in different grading systems from different companies and comparing like for like is nye on impossible. This means there is scope for some people to utilise this asymmetric information exchange for their personal gain, however it also allows for decent people to play fair. When you factor in that the industry is fairly secretive in terms of who makes what and when, thereby further muddying the waters and not allowing the consumer to make and informed choice.

I think it's pretty fair to say that most small companies offer great value for money, due to the lower overhead and the larger companies need/want to charge more because they have more to pay for and because they can. It is really up to the consumer to decide where they feel their money is best spent, and if people want to over pay through lack of research then natural selection, it shouldn't be up to the retailer/producer to do or saying anything to the contrary.

There is no way you could 'fix' the market without heavy regulation. Could you imagine having a centralised bat maker in the uk, churning out thousands of bats an hour to the exact specifications. Then there would be like black market underground movement of bat makers cutting down trees at night and making there own bats. I think we should try that for a bit!

Aswani Cricket · « **Reply #32 on:** April 27, 2015, 11:33:17 AM »

Quote from: Manormanic on April 27, 2015, 10:01:42 AM

If a retailer takes a 2 - 2.25 or 50-60% mark up, they'll be clearing roughly £150 on a £300 bat, less a small VAT deduction, they won't sell such bats all the time I'm sure.

That may seem a lot but you have to factor in costs - they need to pay for premises, heating, lighting, IT, financing costs and of course wages out of their cut. If you prefer as I do to have hand picked bats wherever possible, you need to factor in petrol costs and time to acheive that.

I'm not saying I always want topay whats on the ticket and won't haggle, but lets not pretend that the market is a panacea.

Just to clarify, a 2 x markup is 100% markup. I don't think many retailers will be taking as much as �150 on a �300 selling price bat. VAT is not a small percentage, it comes to �50 out of a �300 selling price. Selling price is likely to be �270 or less. Agree that the costs of running a legitimate business are high.

Alvaro · « **Reply #33 on:** April 27, 2015, 07:02:54 PM »

Sports direct doc on C4 now...

Author Topic: Bat prices in recent years (Read 11312 times)

Manormanic

Re: Bat prices in recent years

TBONTB

Re: Bat prices in recent years

Aswani Cricket

Re: Bat prices in recent years

Alvaro

Re: Bat prices in recent years