quote:
Originally posted by Awaken
so this tired old debate lifts its head again.As an ex kite shop owner let me tell you that there is very little margin in kiting gear, period.And i dont think that there is any shop in the country that is able to survive on kite gear alone apart from maybe kitepower who covers all aspects of kites not just kiteboarding.If you find it cheaper elsewhere fine,but dont rag on the owner hes just trying to help establish a sport in his local area and feed his family at the same time.
Nope, just check out the range of wettys, clothes, accessories etc that we have to stock to pay the wages, rent, insurances, permits, vehicles, fuel, ASIC fees, ATO Fees, DOC fees, registration fees, telephones, internet, office supplies, equipment maintenance, updating work out equipment, clothing, cleaning, advertising, workers comp, superannuation, GST, company and personla tax, accounting fees, software, COG's - cost of goods sold(yeah the kites are a cost too, which nearly everyone has overlooked). Thats probably less than 50% of the list of actual costs in my business, and at the end is the NETT PROFIT.
Looking at just the retail markup or margin is really pointless.
Do the same individuals that raise this topic every so often try to bargain at the supermarket, or the petrol station, Maccas???
Doubt it, but I would like to see them try, LOL's.
No one is making a fortune in the kite game, Kitepower included, we do it because we want to, we like to kite, and we like to help people that kite, and we can make an average living doing it if we work hard (60hrs per week each for me and my partner) ourselves, thats me my wife, and my 2 sons. As well as the excellent service and work from the 4 other people who depend on KP for a living. This topic is past its use by date.
Cya and
Goodwinds
Steve
Edited: this is because of the high number of great whites down here!
