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Old 11-18-2024, 09:14 PM
Broad Bill Broad Bill is offline
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Default Re: Local tackle shops episode

Find it interesting to have an online podcast discussing the demise of the small business tackle shop owner due to pressures from online competition. Any business that has an online presence, brick and mortar stores are done unless somehow they change their offering. It starts with wholesalers who get a greater margin selling direct to the consumer online than they do by selling through retailers or distributors. Why share the profit when you can keep it all for yourself. Read the story of what happened to our own Eyes on First Avenue and it'll give you an idea of how the large wholesale companies want to market and sell their products. If there's not economies of scale, no business much less a small business will survive and the internet took away the economies of scale from local tackle shops which for years rested on the shoulders of local small business owners.

Don't mean to be a wet blanket but in that particular space you either adapt or close your doors.
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Old 11-19-2024, 07:04 AM
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Gerry Zagorski Gerry Zagorski is offline
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Default Re: Local tackle shops episode

Any way you slice it, it's a tough business with so many things working against them. Online retailers, regulations, a lack of fishing interest from the younger crowd. No throw in lower disposable income caused by inflation. Only people with any money to spend these days are the old farts like me that paid off their affordable homes and managed to save some money back in the day, when saving money was possible.
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Old 11-19-2024, 10:24 AM
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Jigman13 Jigman13 is offline
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Default Re: Local tackle shops episode

Preach! Amen!


Quote:
Originally Posted by Gerry Zagorski View Post
Any way you slice it, it's a tough business with so many things working against them. Online retailers, regulations, a lack of fishing interest from the younger crowd. No throw in lower disposable income caused by inflation. Only people with any money to spend these days are the old farts like me that paid off their affordable homes and managed to save some money back in the day, when saving money was possible.
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