This is one topic that annoys me more everytime I see someone starting a thread about it.
A few years back it was threads like this that made me think twice about some of my investments. After a while I actually took the time to really think about the state of the game and came to a few conclusions about a few of the "market" topics that always seem to be misconstrued:
1. The "big" breeders do charge more for the same morph than the "little" guy. BUT this is a good thing. By keeping their prices up to a level they feel their morphs are valued at will allow the smaller breeders to either ask the same price (most don't) or to bring their prices up to just below that of the big breeders without being questioned.
2. The fact that new morphs (and combos) cost so much initially is a good thing. It gives the morph some financial "padding" allowing early investors to recoup their investment even though the price will be at a decline from day one (with the occaisional bump various reasons). Subsequent investors can jump on the bandwagon a little bit later and also...still make money. Not as much but the potential is there.
Look at it like this: What would have happened if Ralph had priced Platinums at $200 each? (Forget supply and demand increasing the price for just a minute) Everyone who invested in them would have had a much harder time making their money back. Year two and three would have seen the morph drop to $175-$150, the following year it would be $100...where I live that is Petstore pricing. And once a morph starts low it is hard to justify raising the price....at least not without people questioning the hell out of it.
Don't believe me? Look at Mojave's they have been on a yo-yo path since day one. And most (or at least some) of you will remember that after they were found to produce a "white snake" the price sky rocketed to about $50,000. Even after being able to produce one of the most coveted morphs in this trade the price increase was questioned and people were not happy (unless they owned one). Eventually, the market takes care of itself and the prices have been leveling off at a (fairly) normal pace.
3. These morphs will NEVER be at petstore prices..at least not for a few DECADES. Ball python clutches are small, the females take a long time to reach sexual maturity and the demand is way too high for the price to drop that low for a very long time.
If tomorrow everyone of us got together and decided to drop the price on Pastels to $200 a piece (this could be any morph...I'm just picking Pastels because they seem to be the forsaken morph this season)...if we all dropped that price...we would see those people who simply cannot justify or afford a $500-$1000 snake come out of the woodwork. The DEMAND would greatly EXCEED the SUPPLY...come on people this is basic economics here. The price would have to go back up to keep the market stable. And the price would increase slow enough to where supply and demand reach equalibrium.
For every snake that costs $10,000 you have 100 able customers.
For every snake that costs $5000 you have 1000 able customers.
For every snake that costs $1000 you have 10,000 able customers.
For every snake that costs $100 you have 100,000 able customers.
(just a little guide line to help visualize the concept...the numbers are not completely accurate but they do convey the point)
4. At the beginning of every (selling) season (roughly April) morphs are generally cheaper than they will be at the end of that same season. This is caused by a couple of factors.
1. The snakes are younger. As they age the price (and value) will increase.
2. There are more for sale (supply) and many people are competing to sell off their stock. This drives the price down.
As the season goes on, less people are selling any particular morph at any given time. This allows the market to "breathe" and for currently undervalued morphs to go back to what should be their true market value. Holding back your stock for a few months is not a bad idea (unless you actually pay attention to the "chicken littles" of this market). Hold backs will not need to compete with the seasonal market flood that occurs at the beginning of the hatching season and will also see an increase in value due to their age and larger size.
5. Often, it seems, the same people who start rumors about the "market crashing" are the same people who are undervaluing their own animals. By selling an animal at 25-40% below the market value they are, in fact, causing the same "crash" they are worried about. They cause others to follow suit and soon the price is reduced to the point that any noticable increase in market price is shunned.
I have been watching the market price. Perhaps, closer than most. And I can tell you this: the average market price for most morphs has fallen very little over the course of the season.
I will continue to watch the market. I don't remember who it was that mentioned we should have a "Ball Street Journal" a couple of weeks ago...but I do have a Morph Market Price list on my site and will update it monthly. I may even change the name to the Ball Street Journal...I really like that.
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Current Morph Market Prices