Posted by:
crazydart
at Tue Mar 28 19:56:37 2006 [ Email Message ] [ Show All Posts by crazydart ]
besides the crazy in and out answers everyone else gave, you are missing how econimics works. Its supply and demand. Example... I have 5 pastel males, I want to move them at a show, and need to move atleast 2 by the end of the show or I dont make my house payment... what do you think I am going to do? Or what if I had a spider on hodl with another breeder and had to get it paid off and I wasnt going to another show for 3 months.... so now what? I would be more than willing to take $450 each on the pastels, because I need that $450 to put into something else. If you have 3 people with the same story at the same show, the price will drop VERY fast... perhaps you will get them for $350 each... or maybe just a few for that price... then imagine this little show was a big show with 500 vendors... then imagine that show was really kingsnake... you get the picture. Your right, some people freak out and start lowering their prices when they see a low price. I take it you have never traded on the stock market... its alot like that. If I buy a stock in the morning at $10 and at noon its at $9, and hasnt gone up once that day, do I cut my losses and sell at $9, or do I hold on and try to sell at $10 or even $11. So ok, thats supply and demand... dosnt seem like it huh? Well, if at that reptile show someone had come in and bought all of the pastels for asking price, and no more or very few where still for sale, then market price will stay the same or go up (providing there is still a market willing to pay a higher price).... if none of the snakes sold even at a low price, the market price was lower than what they where being sold for, or the market wasnt there.
If you are the kind of person who thinks people should not drop their prices just because the compitition is, thats just fine, you will just join the ranks of many breeders who hold on to their snakes year after year as they drop in price, all the while, the rest of us are spending that money on diversifying our collections. You will have 30 pastels... I will have 3 pied pastels insted. Is it still a fuzzy picture? I would say you need to take some business classes... they go into depth on this subject in economics classes. Unlike most markets, tha ball python market is REALLY easy to predict (without figuring in new morphs). You know how many of a given morph are going to be produced. You can expect every year the population of each morph will go up by about x^3 where x is a co-dom or dom morph, and y^2 where y is a recessive morph. These are made up figures, I am sure you could get it almost to a T if you have all the figures, but I dont... I can just watch the classifieds. I make a copy of them all once a week on CD... so if I wounder what the price and suppy of a morph was last year at this time, I just pop in my CD and look. Once you have several years of this data, its not real hard to figure out what beat everyone dances by.
The only way the price will ever rise on a morph will be if some hidden genetics are found. In other markets prices will rise because of many factors, the biggest being hard to get resources and labor problems. You are not going to ever see this in ball pythons... so sell while you can get what you can.
Nuff said. Infact, too much.
Ben
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RE: My thoughts on slowing the price drops - crazydart, Tue Mar 28 19:56:37 2006