Naming corals - When has it gone too far?

[ZoWhat]

Where's your list?

 

[DSC reef]

Ok Rakie....

What are the financial TERMS of walking into a Wholesaler.

Cash and carry? L.m.A.o.

Any wholesaler will demand a minimum order of at least $500. They also want to set up a Net30 acct with you .....with a biz deal you will buy from them month to month.

LIST ALL THE WHOLESALERS YOU PERSONALLY BUY FROM. RIGHT HERE RIGHT NOW.

I'll be waiting on that list................

Can you list yours since you know so much?

 

[ZoWhat]

What's your markup %s ?

10?
20?
40?
80?
100?
200?
300?

You talk crap about me.

Share your markup #s..

 

[DSC reef]

What's your markup %s ?

10?
20?
40?
80?
100?
200?
300?

You talk crap about me.

Share your markup #s..

What are you trying to achieve? You make false accusations and flame others while everyone was having an honest discussion before you posted??

 

[Rakie]

What's your markup %s ?

10?
20?
40?
80?
100?
200?
300?

You talk crap about me.

Share your markup #s..

You're an idiot if you think anybody is willing to publicly list what their access is.

Wholesale is cash upfront, minimum buys depends on the wholesaler, some are 300, some are 500, some are more or less. and it also depends on the coral. If you see the gem of gems they won't sell it to you unless you put in a bigger order regardless of their standard min. order.

You're talking complete and utter BS, you have zero clue what you're talking about. It's extremely clear. $300 is the cost of one good acan colony. It's two decent aussie acro colonies (non indo mariculture). It's the cost of a colony of 10-25 polyps of decent zoas... It's one good wild bounce.

Wholesale isn't as cheap as you think it is.

 

[DSC reef]

@Rakie don't let this guy get to you. It seems his posts on other threads are to insight drama as well

 

[Rakie]

@Rakie don't let this guy get to you. It seems his posts on other threads are to insight drama as well

He's not. But I'd rather dispel a teeny bit of information rather than let some kid make things up to rile people.

 

[DSC reef]

He's not. But I'd rather dispel a teeny bit of information rather than let some kid make things up to rile people.

Agreed

 

[Rob181]

I agree… Popular corals need Common names not just a scientific ones. I have been in this happy since 1998 and it’s about time. Think of all the different types of sharks that we have on this planet. They all have common names that we mostly go by. But as this hobby continues to build In popularity it makes more sense to go with a name that many people can pronounce so that we don’t have to hear people suffer through pronouncing it

 

[ZoWhat]

My comments and opinions are valid bc the JIST of this thread is....why does naming a coral make the price jump 3x, 5x, 10x

Remember when the Miami Hurricane chalice hit the market at $1000 an eye. The name Miami Hurricane caused a VIRAL uproar where chalice owners got the "Gotta have it" FEVER.

I've personally worked for the 2 best coral shops in the City.

Commom practice to use a diamond blade saw and cut up 50-eye Acans that were wholesale for $50 and saw them into 4-eye $50 pieces.

Same with chalices....chop up to make a 5-10x return on investment

Same with zoas palys. Frag them up to.make a 5-10x return on investment

 

[Crabs McJones]

Let's pump the brakes a little bit guys. Keep it civil, but most of all keep it fun Thank you

 

[ZoWhat]

........

 

[BoomCorals]

My comments and opinions are valid bc the JIST of this thread is....why does naming a coral make the price jump 3x, 5x, 10x

Remember when the Miami Hurricane chalice hit the market at $1000 an eye. The name Miami Hurricane caused a VIRAL uproar where chalice owners got the "Gotta have it" FEVER.

I've personally worked for the 2 best coral shops in the City.

Commom practice to use a diamond blade saw and cut up 50-eye Acans that were wholesale for $50 and saw them into 4-eye $50 pieces.

Same with chalices....chop up to make a 5-10x return on investment

Same with zoas palys. Frag them up to.make a 5-10x return on investment

Why are you guys so bitter and hateful over coral shops turning 5-10x profits?

I just pointed it out as REAL WORLD background info....you guys get all hateful casting out disrespect to me....

name calling me: Idiot, kid. drama dude....all name YOU called me.

Not once did I disrespect you. So WHO has the problem here?

I'm only sharing facts about marked up coral frags


.

To further dispel some incorrect information here... ROI isn’t as high as you’re claiming. You’re forgetting that while an acan colony may cost $50 on its face you must add percentages or flat costs to that to determine TRUE cost. Overhead such as shipping, electricity, materials, employees, taxes, bank and credit card fees, equipment, the list goes on and on. That Acan true cost isn’t $50 to the store owner. So that “5x return on investment” suddenly becomes 2x once you factor true cost. And the longer it sits before it sells the lower the ROI.

 

[ZoWhat]

Why are you guys so bitter and hateful over me stating coral shops turning "X" profits on frags?

Names you called me above:
Idiot,
kid.
drama dude,
Liar,
Exaggerator

Not once did I disrespect you.
I called you "on the carpet" for some things but not name calling....

So WHO has the problem here?

Guess I'm not allowed to share my personal experiences working for 2 coral shop

Wow



.


.

 

[Jessesoto33]

I like it just the way it is, because sooner or later there won’t be anymore new corals it will stop all by itself

 

[chefjpaul]

I hope LFS / Vendors make decent profits and continue to do so.
I for one don't collect when I dive, nor have the time to run a whole fragging system just to multiply, or care to.

Someone needs to supply the rest of us. I love capitalism and hope they get rich!

I dont personally are for the names of my corals nor will I on future purchases, but it makes it a whole lot easier when they have a name.

I admit some stores are getting a tad out of hand with their egos relative to the names, but its theirs to do with.

 

[Shep]

Let's pump the brakes a little bit guys. Keep it civil, but most of all keep it fun Thank you

^+1 Please don't make me have to thread ban people or lock the thread. Keep things civil. Also my opinion on the matter is that names help a person know exactly what coral you are talking about is but unless you can truly trace it back to the original source, its pretty meaningless.

 

[sassAwrasse]

I sold corals at a local swap several years in a row. I had a bunch of $20-$30 frags of acans and favias..no namers, chunky frags, priced to sell. Hardly any of them sold when they didn't have a name. Finally, I started making up a name for things in the last 2 hours and more people purchased at full price than when I said they were not named.

The buyers make the name game worse than it needs to be.

 

[Crabs McJones]

^+1 Please don't make me have to thread ban people or lock the thread. Keep things civil. Also my opinion on the matter is that names help a person know exactly what coral you are talking about is but unless you can truly trace it back to the original source, its pretty meaningless.

Agreed, naming corals can be part of the fun! Orange Acropora sounds kinda boring, but something like Sunburst Acropora is a more interesting name

 

[DMG Reef]

I realize that I'm just one tiny statistic, but I visited the Boomcorals website for the first time this weekend (yeah, I know, so sorry). I clicked on every acro to enlarge it and read the description EXCEPT for the one acro he has listed as "unnamed acro". I didn't waste my time even looking at it.

So the two takeaways here are 1) I'm feeling very shallow right now, and 2) he needs to give that poor acro a name.
;Cat