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REASON FOR SO CALLED *CRASH*

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Posted by: REPTILE4U at Thu Jul 12 16:01:49 2007   [ Email Message ] [ Show All Posts by REPTILE4U ]  
   

OK, I am sorry, but I have throw my 2 cents in.



As far as the Market for Balls crashing......It did, for last year. But just because something crashes, that doesn't mean it can't be rebuilt. We saw numerous cashes in pricing this year with many morphs that we didn't expect to see. Want the reason for that?



How many people 2 years to 4 years ago invested in BP Morphs?? Tons. So in 2006 we have all these new people in the market trying to sell their new animals, more breeders, more price competition. Simple as that, people invest, breed, want to make their money, so if they aren't selling at current market, they lower their price to beat everyone else, and that goes back and forth. That is the main reason for this so called "Crash". I mean 4 years ago, we new the main majority of everyone selling on the BP classifieds. NERD, Prehistoric, BEN SIEGEL....just to name a few. We know these people. Now how many are on the classifieds? We dont know these people yet, so buyers are nervous about buying from new people. And with all the "Bad Apples" out there, people are afraid to purchase Net wise. I did a trade with N.A.R.C in January, that deal took months! And we both had plenty of references. But we didn't know each other.



Basically, the market will always have it's moments. Just as they say...."Good cannot exist without bad." And in my opinion the market might recover this year, but I believe it needs one more year. Because all these people who invest have now found out that this business is harder than it looks. And some will quite, then you have more room for less competition.



Look at it from the Burmese Market. 5-10 Years ago, Burms were HOT. Everyone wanted them, the Albinos, Labs, Greens, and whatever else they could get. Then they start thinking, hey I can raise this pair and breed them and make me some money. Well, while they were sitting there thinking about that, so were 200 other people. Everyone gets the same idea, then they fight over who can sale cheaper. Everyone was breeding burms. You could get normals for $5 it was so bad. But now, you can get Normals that cheap, Albinos are going back up and so are the rest. What are the reasons for this?



Those very same people above who thought about the money. They also found out this business isn't as easy as some might think. Some quit, some make it, and some are content just to have the snakes. So the number of people breeding burms has gone back down a bit, and settled. There are new morphs on the horizon. So burms are rebounding. And I assume a few years that the same thing that has happened in the Balls this previous year will happen in the Burms again.



Let me know what you guys think.



Sorry if I ramble......I'm ADD. LOL.



P.S. Not kidding....lol.


   

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<< Previous Message:  Future of ball pythons - medusah, Wed Feb 21 09:47:58 2007

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