quote:
Originally posted by Kitepower Australiaquote:
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
quote:
Originally posted by Blaster
Who's seen the limited edition SOF-X Latitude kite in latest KBM. It's got Australia writen over it, are they trying to give the impression they are Australian company by doing this. Can someone in the industry tell me where these kites are made please, They look good. Any proud aussie would fly that on a overseas holiday.
quote:
Originally posted by Awaken
Steve I wasnt having a go at your business,all i was trying to state is that as a retailer the majority of your business is kiting related compared to many other retailers who do surf,wake,skate,bmx as well to diversify.You actually have my admiration because it does take passion to do.
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Originally posted by poor relative
Ripped off.....LOL
Ask the kids in the sweat shops in Asia who is being ripped off....
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did you buy a sh!t brand Funky?
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Originally posted by Tonewolf
It's not a b^llspit idea...its a great idea.
People achieve success with this kind of venture every day.
Respect for retailers is everything, doesn't matter where they operate from.
Bite me!