Big Cliff Posted February 26, 2012 Report Share Posted February 26, 2012 I am trying to understand why so many of the plastics are so expensive. I was looking at a small jar of imitation minnows the other day, $7.99 plus tax, there might have been 15 of them in the jar. I've noticed that most of the plastics seem very expensive, even a little package of Finness minnows cost me about $12.00 and there might be 20 of them in the package and I'd be surprised if there was $0.25 worth of material in it. So why? What is making them cost so much? Are they really worth what we are paying for them? Link to comment Share on other sites More sharing options...
mercman Posted February 26, 2012 Report Share Posted February 26, 2012 I hear ya Cliff. Makes me wish i had kept my Creepy Crawler maker from when i was a wee lad Link to comment Share on other sites More sharing options...
danbouck Posted February 26, 2012 Report Share Posted February 26, 2012 I'm guessing a lot of the cost is in R&D and marketing. Link to comment Share on other sites More sharing options...
davey buoy Posted February 26, 2012 Report Share Posted February 26, 2012 (edited) I'm guessing a lot of the cost is in R&D and marketing. Isn't it a bi product of oil as well? Edited February 26, 2012 by davey buoy Link to comment Share on other sites More sharing options...
danbouck Posted February 26, 2012 Report Share Posted February 26, 2012 Isn't it a bi product of oil as well? I could be wrong but I think most soft baits are made from PVC and oil-based resin. Some baits like Gulp are made with PVC and water based resin. Link to comment Share on other sites More sharing options...
camillj Posted February 26, 2012 Report Share Posted February 26, 2012 I'm thinkin somthing along the lines as follows : Mfg : $1.00 Pkg : $1.00 Shipping :$0.50 Mfg price to distribution : $5.00 Wholesale price to retail : $6.00 Retail $12.00 (out of that comes 2 X commission for sales.. actual costs and profits) ... not as lucrative as you may think for any one link in the chain. Link to comment Share on other sites More sharing options...
davey buoy Posted February 26, 2012 Report Share Posted February 26, 2012 I'm thinkin somthing along the lines as follows : Mfg : $1.00 Pkg : $1.00 Shipping :$0.50 Mfg price to distribution : $5.00 Wholesale price to retail : $6.00 Retail $12.00 (out of that comes 2 X commission for sales.. actual costs and profits) ... not as lucrative as you may think for any one link in the chain. You could be on to something there as I work for several companies that have a 100-200%profit over costs.What would be different in this business? Link to comment Share on other sites More sharing options...
NANUK Posted February 26, 2012 Report Share Posted February 26, 2012 Its like almost everything else these days, Nothing (or not always)to do with what that product is worth. It is whatever the consumer is willing to pay....or as they say "whatever the market will bear" and a combination of other things like brand name and marketing etc What do you think those $400+ plus rods and reels cost to make ? Link to comment Share on other sites More sharing options...
Skipper D Posted February 26, 2012 Report Share Posted February 26, 2012 I like to think guys they are afordable from this perspective , i bought a bag of Berkley Gulp minnows last june , used them for the season over and over and still have most of them , they are still keeping good in the glass jar i put them in leaveing them available to use again this season . For the minnows atleast i find them afordable . Link to comment Share on other sites More sharing options...
DRIFTER_016 Posted February 26, 2012 Report Share Posted February 26, 2012 Same reason gas is so expensive Cliff. They are both made of dinosaur juice!!! Link to comment Share on other sites More sharing options...
DaveMc Posted February 26, 2012 Report Share Posted February 26, 2012 I'm thinkin somthing along the lines as follows : Mfg : $1.00 Pkg : $1.00 Shipping :$0.50 Mfg price to distribution : $5.00 Wholesale price to retail : $6.00 Retail $12.00 (out of that comes 2 X commission for sales.. actual costs and profits) ... not as lucrative as you may think for any one link in the chain. No where near correct, i cant get into details but that isnt quite correct. Link to comment Share on other sites More sharing options...
captpierre Posted February 26, 2012 Report Share Posted February 26, 2012 That is where the free market should correct the problem...if there is one. Unless there is extensive collusion. If there is price gouging and lots of money to be made, somebody else comes in and competes with a similar product for less price, if there is no patent. Cliff, I have thought the same. Plastics seems expensive for what you get- especially since there are so many different brands out there. And hence competition. Link to comment Share on other sites More sharing options...
BillM Posted February 26, 2012 Report Share Posted February 26, 2012 No where near correct, i cant get into details but that isnt quite correct. If you're going to correct someone, you should probably provide some proof I don't think anyone is asking for hard numbers, but it would be interesting to see the point of view from the manufacturer in all of this. Link to comment Share on other sites More sharing options...
Roy Posted February 26, 2012 Report Share Posted February 26, 2012 If you're going to buy what they want you to buy, you'll pay what they want you to pay. Link to comment Share on other sites More sharing options...
cram Posted February 26, 2012 Report Share Posted February 26, 2012 Hopefully it becomes expensive enough to motivate people to move back to live bait. Link to comment Share on other sites More sharing options...
kickingfrog Posted February 26, 2012 Report Share Posted February 26, 2012 Way cheaper then bait. Link to comment Share on other sites More sharing options...
Grimace Posted February 26, 2012 Report Share Posted February 26, 2012 They have to pay the shills. Link to comment Share on other sites More sharing options...
SirCranksalot Posted February 27, 2012 Report Share Posted February 27, 2012 Nothing (or not always)to do with what that product is worth. It is whatever the consumer is willing to pay....or as they say "whatever the market will bear" Yup!! Link to comment Share on other sites More sharing options...
Roger Gratton Posted February 27, 2012 Report Share Posted February 27, 2012 I work in the trucking industry and have the fortune of viewing the commercial documents that are presented to Canada Customs. These document indicate the cost of the goods being imported and you would be shocked at what most things cost versus what we pay. Link to comment Share on other sites More sharing options...
MCTFisher9120 Posted February 27, 2012 Report Share Posted February 27, 2012 Your right Cliff, most of the prices you will see tho will come down in price this year. All of Berkley Powerbait went from 4.99 to 3.99 other stuff went from 5.99 to 4.99 the hollowbelly and fancy stuff went from 10.99 to 9.99 and the entire Gulp lineup has gone from 6.99 to 6.49 These are all minor bits of savings but it's about time. The guys at the store remember when a pack of worms were 7.99 plus tax. Times are changing. Let's see of other brands of plastics start to follow and fall back some. Link to comment Share on other sites More sharing options...
Tybo Posted February 27, 2012 Report Share Posted February 27, 2012 The base products are ethylene and chlorine to make PVC. Link to comment Share on other sites More sharing options...
mercman Posted February 27, 2012 Report Share Posted February 27, 2012 Canada is the retail cash cow of the western world. Just look at the prices on Ebay, and compare that to what the stores are charging. Most Ebay prices are cheaper than what the stores are paying from the US manufacturers.When the orders come in from Canadian retailers, there is a whole different price list involved. I see it in my bussiness every day,and there is no way it can be justified. Link to comment Share on other sites More sharing options...
MJL Posted February 27, 2012 Report Share Posted February 27, 2012 It’s a fact that the more expensive the lure, the more fish it will catch regardless of the design, materials used or attractants added. By increasing the price, manufacturers are increasing the Mojo of your lure exponentially...5 out of 4 sponsored pro tournament bass fishermen agree Link to comment Share on other sites More sharing options...
BillM Posted February 27, 2012 Report Share Posted February 27, 2012 It’s a fact that the more expensive the lure, the more fish it will catch regardless of the design, materials used or attractants added. By increasing the price, manufacturers are increasing the Mojo of your lure exponentially...5 out of 4 sponsored pro tournament bass fishermen agree LOL!!! And to think we catch steelhead on eggs and $0.05 in netting.. CRAZY! Link to comment Share on other sites More sharing options...
Rod Caster Posted February 27, 2012 Report Share Posted February 27, 2012 Absolutely. Unless you can trap. I hate spending more than 5 on a bag of plastics. Only Gulp or Xzone slammers will I pay. Otherwise I find the best possible deals. (Rons garage in Mattawa, Trout lake bait North Bay, tackle n trails at 400 flea market) Link to comment Share on other sites More sharing options...
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