Interesting thread!Josh wrote: I do agree though, I walk into some places and see the price they are asking and can not work out how they justify the price they ask (poor quality stock). I am more than happy to pay for quality stock when I can afford it as it can knock years of the growing time for me.
Josh
Hi Josh, hope you are well mate.
I am thinking about garden centre when I say this (not a bonsai nursery) but I guess the same applies...
I am not justifying the prices that are charged etc but it is interesting from a small business perspective.
There is a difference in prices when visiting a wholesale nursery (stock only available to those that run their own business) and a retail nursery. I recently learnt from people in the business that there is often a price mark up of 100% between the two.
This is put down to the fact that a retail nursery buys the stock from the wholesale nursery and then has to factor many things into the profit margin they make when selling the stock on to the customer.
They have to pay rent, pay their staff, cost of electricity, pots, soil, tools equiptment etc along with the maintenance of the equiptment and machinery etc, they also need to factor in loss of stock into their pricing such as if the stock doesn't sell or if it dies etc.
There are so many costs related to running a business and at the end of the day they also need to make a profit for themselves too.
I realise that I am stating the obvious, but I am just pointing out that there are a lot of hidden costs that the consumer is not always aware of.
This is a general comment and I agree that pricing should reflect the stock quality but there is more to it than that when running a business.
Josh your comment got me thinking and I am in no way having a go at you.
Cheers, Dario.