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Old 04-02-2013, 11:04 AM
sportfishingusa sportfishingusa is offline
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Join Date: Apr 2008
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Default Re: The charter/party industry...

Quote:
Originally Posted by rumster
I wouldn't buy a hyundai. hahaha kidding.. Your right in that aspect, but what i am trying to say, if that if your trying to get into the business, trying to get started, starting at the same rates as most boats in the area will put you in their market and allow you to make more money doing so. Market research has shown and proving countless times throughout the ages, that if you take the same product, be it a 5 dollar apple corer, and charge 10 instead of five, more people will buy at 10 because they think it is a better product yet it is the same crap 5 dollar product.

I find the apple corer analogy a little insulting. As a consumer it doesn`t take long to realize who is doing a good job for you and who is not, regardless of price. As a pb operator or pc operator if you were getting gouged on the price that you pay for gas or bait you would be the 1st one to complain. So here you are openly looking to have an entire industry raise prices on a forum that a large number of your customers are derived from regardless of the service or knowledge of that particular captain. That is not very smart.
That would be sort of true if i was a charter boat captain or has any affiliation with a boat or business in the fishing industry any longer. As for the insulting analogy, it might be insulting but it is true, you put an over priced tag on something and people jump for it..

You completely missing my point here any how.. This is not about price gouging, this is not about rip offs, this is not about raising prices, this is about people coming into this business half assed. People coming in with boats they used to use just to fish and have fun, now they are charter to off set costs and although they may not be taking many customers away from your well known and reputable fishing boats, they are selling themselves short.

Answer me one question, if you have a product that you know can generate you 100k a year at a specific price point, why would you settle for 50k a year and work harder to reach 50 percent potential?

Same goes with the charter industry, lets use whole numbers, you run a boat and you get 500 a day for an all day trip, most boats are getting 1000 per day and running more trips if not just as many as you at 500, lets say each boats costs are exactly the same, the charter boat selling himself short at 500 a day is working twice as hard to make up for the difference the boat charging 1000 a day is making, when the guy making 500 a day and working twice as hard, could charge 1000 a day and work half as hard.. Make sense? kinda like the old saying, working smarter not harder.. Hard work is needed to survive and be successful, but if you run ragged and run your business with no care as to your bottom line or what your time is worth, then you might as well go pee in the wind.
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