Topic: Bat prices in recent years (Read 11323 times)

skip1973 · « **Reply #15 on:** April 26, 2015, 01:36:08 AM »

I was going through some of our old catalogues at work the other day, dating back about 15 years. The increases in products like shoes, softs, bags etc is quite minimal, in fact with the advancements in materials they offer better value now, especially lower to mid range pads and gloves. Premium bats have increased markidly because of the lack of pretty willow, but still always sell. There is still a price point to suit most cricketers with bats starting at $90, around the $250 - $350 mark the largest volume range. To the guy stating how much money is in cricket retail you are clueless, you are entitled to your bizarre opinions on the game but you're basically calling all retailers greedy which is utter garbage.

ProCricketer1982 · « **Reply #16 on:** April 26, 2015, 09:33:28 AM »

Quote from: skip1973 on April 26, 2015, 01:36:08 AM

I was going through some of our old catalogues at work the other day, dating back about 15 years. The increases in products like shoes, softs, bags etc is quite minimal, in fact with the advancements in materials they offer better value now, especially lower to mid range pads and gloves. Premium bats have increased markidly because of the lack of pretty willow, but still always sell. There is still a price point to suit most cricketers with bats starting at $90, around the $250 - $350 mark the largest volume range. To the guy stating how much money is in cricket retail you are clueless, you are entitled to your bizarre opinions on the game but you're basically calling all retailers greedy which is utter garbage.

Have no fear, I'll prove you very wrong in the coming years. I'll stick my money where my mouth is

Seniorplayer · « **Reply #17 on:** April 26, 2015, 09:54:51 AM »

Doesn't Toms post say retailers take roughly 50 percent of any sales.

skip1973 · « **Reply #18 on:** April 26, 2015, 10:03:14 AM »

Quote from: Seniorplayer on April 26, 2015, 09:54:51 AM

Doesn't Toms post say retailers take roughly 50 percent of any sales.

Do you mean 50% margin?

Seniorplayer · « **Reply #19 on:** April 26, 2015, 10:49:20 AM »

It is slightly confusing as the post states retailers take a 50 percent cut but then states margins can be small I interpreted it to mean profit margins.

skip1973 · « **Reply #20 on:** April 26, 2015, 11:00:40 AM »

Margin is not profit, all your business expensieses such as wages etc need to come out of your margin. There is more margin in some products over others but in cricket 50% is not a realistic figure in my experience.

ProCricketer1982 · « **Reply #21 on:** April 26, 2015, 11:08:40 AM »

Retailers will charge whatever they decide is needed to support how they want to function. My thoughts are that it could be done cheaper and benefit the customer. That's not necessarily saying they are greedy, just depends how you want to run a business. Not every business needs to make big profit after all.

If you only want to earn enough to live, have little over heads and are not fussed on flash cars, houses etc., then you really don't need to earn as much etc. makes the difference to the consumer after all.

skip1973 · « **Reply #22 on:** April 26, 2015, 11:24:51 AM »

Quote from: ProCricketer1982 on April 26, 2015, 11:08:40 AM

Retailers will charge whatever they decide is needed to support how they want to function. My thoughts are that it could be done cheaper and benefit the customer. That's not necessarily saying they are greedy, just depends how you want to run a business. Not every business needs to make big profit after all.

If you only want to earn enough to live, have little over heads and are not fussed on flash cars, houses etc., then you really don't need to earn as much etc. makes the difference to the consumer after all.

Good luck finding suppliers if you are going to try and devalue their products. Might opt out of this convo now and go for a flight in my private jet all us retailers get around in!

tim2000s · « **Reply #23 on:** April 26, 2015, 11:52:54 AM »

Adie, what do you consider to be a fair salary for a business owner and for their other employees? How many hours do you expect to put into the business on a weekly basis to set it up and run it?

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Number4 · « **Reply #24 on:** April 26, 2015, 12:26:48 PM »

Don't forget rent, electricity, phone, security, insurance, marketing/advertising

Tom · « **Reply #25 on:** April 26, 2015, 01:15:18 PM »

Sorry my post may have confused a few; I was trying to focus on the manufacturer side. But financially the life a retailer is equally if not more so difficult.

If a retailer buys a bat at trade price for �100 (ex Vat) from the supplier, the RRP will be roughly �200 (inc Vat). They may discount this down from RRP.

The margins on cheap or mid range bats are tiny for both manufacturers and retailers.

jonnyg · « **Reply #26 on:** April 26, 2015, 01:17:53 PM »

Having worked in the industry for quite a few years now. I know there isn't a huge profit to made in bats. The sports industry is in my opinion a very tough market to make alot of money in with the likes of Sports direct and other internet companies knockng stuff out at discount. I think people are under the misconception that somehow we as reatailers are out to rip them off when all we are doing is trying to earn a decent living and no that doesn't mean driving flash cars and living in mansions!!

procricket · « **Reply #27 on:** April 26, 2015, 01:19:47 PM »

Quote from: Tom on April 26, 2015, 01:15:18 PM

Sorry my post may have confused a few; I was trying to focus on the manufacturer side. But financially the life a retailer is equally if not more so difficult.

If a retailer buys a bat at trade price for �100 (ex Vat) from the supplier, the RRP will be roughly �200 (inc Vat). They may discount this down from RRP.

The margins on cheap or mid range bats are tiny for both manufacturers and retailers.

And also the returns as well totally agree Tom.

The Palmist · « **Reply #28 on:** April 26, 2015, 02:26:07 PM »

There is plenty of options in every price bracket. Those who can't afford UK prices can always shop from the likes of OLS etc. Business is there to make money and prices are only going to go one way. No business is easy and while it may be difficult to grow in cricket retailing, getting in does seem easy. There are way too many start ups/garage/bedroom labels when you compare it to any other sports.

What we need is consistency in the market and be done with 1++++ performance pro performance mallarkey.

mp07 · « **Reply #29 on:** April 26, 2015, 08:05:41 PM »

Well said Tom, really good information. I think the bulk of money goes into sponsorship more than ever now..

Author Topic: Bat prices in recent years (Read 11323 times)

skip1973

Re: Bat prices in recent years

ProCricketer1982

Re: Bat prices in recent years

Seniorplayer

Re: Bat prices in recent years

skip1973

Re: Bat prices in recent years

Seniorplayer

Re: Bat prices in recent years

skip1973

Re: Bat prices in recent years

ProCricketer1982

Re: Bat prices in recent years

skip1973

Re: Bat prices in recent years

tim2000s

Re: Bat prices in recent years

Number4

Re: Bat prices in recent years

Tom

Re: Bat prices in recent years

jonnyg

Re: Bat prices in recent years

procricket

Re: Bat prices in recent years

The Palmist

Re: Bat prices in recent years

mp07

Re: Bat prices in recent years