Yamamoto

There was an article in the Ft. Worth newspaper about him and his venture
into the cattle ranching and beef selling business. But here's an excerpt
about the bait company:

"Lure sales have grown 30 percent to 50 percent a year and now gross $15
million. Profits of the family-owned and -run business are $5 million to $6
million, he said. Sales would be even better if a 20-year bass-fishing boom
hadn't faded with the economic downturn in Japan, a key market for the
company."

I'm surprised sales aren't higher, but that's neither here nor there. I'm
also surprised he'd release those numbers. If those numbers are right, the
profits are 33% or more as a percentage of sales. Last I read was that the
average corporation makes about 5%. So that suggests that what others have
said about the baits being overpriced is correct. But I don't blame GY, this
is capitalism and you charge what the traffic will bear. He is a genius
businessman to run a business with those results. But those numbers are
pretty telling.

The full story is at: http://www.dfw.com/mld/dfw/business/7787480.htm

That 33% would be a very conservative number, speaking as a retailer that
bought soft plastics at wholesale and sold them retail. GY is the MFG that
sells direct. Welcome to the U.S.A. and the American Dream. All the
fishing related product's selling prices could be cut in half and the MFG,
Wholesalers, and Retailers could still make a fair profit. That won't
happen and why should it when you and I are willing to pay higher prices.

It's all about supply and demand, and the demand for fishing products is
high. So why not jack the prices through the roof and make a ton while the
"Getting It" is good. Because next year, it could all dry up and fade away.


--
Craig Baugher

No different then the gas station off the exit ramp charging 22 cents more
per gallon then the guy a 1/2 mile away. Supply and demand dictate.
"Craig" wrote in message
...
That 33% would be a very conservative number, speaking as a retailer that
bought soft plastics at wholesale and sold them retail. GY is the MFG
that
sells direct. Welcome to the U.S.A. and the American Dream. All the
fishing related product's selling prices could be cut in half and the MFG,
Wholesalers, and Retailers could still make a fair profit. That won't
happen and why should it when you and I are willing to pay higher prices.

It's all about supply and demand, and the demand for fishing products is
high. So why not jack the prices through the roof and make a ton while
the
"Getting It" is good. Because next year, it could all dry up and fade
away.


--
Craig Baugher

Is known as "Value Marketing"
Bill

"alwayfishking" wrote in message
news
No different then the gas station off the exit ramp charging 22 cents more
per gallon then the guy a 1/2 mile away. Supply and demand dictate.
"Craig" wrote in message
...
That 33% would be a very conservative number, speaking as a retailer
that
bought soft plastics at wholesale and sold them retail. GY is the MFG
that
sells direct. Welcome to the U.S.A. and the American Dream. All the
fishing related product's selling prices could be cut in half and the
MFG,
Wholesalers, and Retailers could still make a fair profit. That won't
happen and why should it when you and I are willing to pay higher
prices.

It's all about supply and demand, and the demand for fishing products is
high. So why not jack the prices through the roof and make a ton while
the
"Getting It" is good. Because next year, it could all dry up and fade
away.


--
Craig Baugher

aka 'Gouging'

Is known as "Value Marketing"

No different then the gas station off the exit ramp charging 22 cents
more per gallon then the guy a 1/2 mile away. Supply and demand dictate

I passed through Page last summer with intentions of visiting the Yamamoto
operation just for fun. A young woman at the airport told me how she used to
work at their plant, she called it a sweat-shop, said she was glad to be out
of there. I don't know if it really is, but I decided to skip the visit
after meeting her.

I still like and use their baits.



"Calif Bill" wrote in message
k.net...
Is known as "Value Marketing"
Bill

"alwayfishking" wrote in message
news
No different then the gas station off the exit ramp charging 22 cents
more
per gallon then the guy a 1/2 mile away. Supply and demand dictate.
"Craig" wrote in message
...
That 33% would be a very conservative number, speaking as a retailer
that
bought soft plastics at wholesale and sold them retail. GY is the MFG
that
sells direct. Welcome to the U.S.A. and the American Dream. All the
fishing related product's selling prices could be cut in half and the
MFG,
Wholesalers, and Retailers could still make a fair profit. That won't
happen and why should it when you and I are willing to pay higher
prices.

It's all about supply and demand, and the demand for fishing products
is
high. So why not jack the prices through the roof and make a ton
while
the
"Getting It" is good. Because next year, it could all dry up and fade
away.


--
Craig Baugher

"Richard Liebert" wrote in message
...
I passed through Page last summer with intentions of visiting the Yamamoto
operation just for fun. A young woman at the airport told me how she used
to
work at their plant, she called it a sweat-shop, said she was glad to be
out
of there. I don't know if it really is, but I decided to skip the visit
after meeting her.

LOL, I don't know if I would necessarily take that as the definitive answer
for working conditions at Yamamoto lures. It seems that many young people
today take offense when asked to actually produce 8 hours of work for 8
hours of pay!
--
Steve @ OutdoorFrontiers
http://www.outdoorfrontiers.com
G & S Guide Service and Custom Rods
http://www.herefishyfishy.com

Sweat Shop? She oughta see how Joe H. works Charles & I to death ....

--
Bob Rickard
www.secretweaponlures.com
--------------------------=x O')))


"Richard Liebert" wrote in message
...
I passed through Page last summer with intentions of visiting the Yamamoto
operation just for fun. A young woman at the airport told me how she used
to
work at their plant, she called it a sweat-shop, said she was glad to be
out
of there. I don't know if it really is, but I decided to skip the visit
after meeting her.

I still like and use their baits.



"Calif Bill" wrote in message
k.net...
Is known as "Value Marketing"
Bill

"alwayfishking" wrote in message
news
No different then the gas station off the exit ramp charging 22 cents
more
per gallon then the guy a 1/2 mile away. Supply and demand dictate.
"Craig" wrote in message
...
That 33% would be a very conservative number, speaking as a retailer
that
bought soft plastics at wholesale and sold them retail. GY is the
MFG
that
sells direct. Welcome to the U.S.A. and the American Dream. All
the
fishing related product's selling prices could be cut in half and
the
MFG,
Wholesalers, and Retailers could still make a fair profit. That
won't
happen and why should it when you and I are willing to pay higher
prices.

It's all about supply and demand, and the demand for fishing
products
is
high. So why not jack the prices through the roof and make a ton
while
the
"Getting It" is good. Because next year, it could all dry up and
fade
away.


--
Craig Baugher