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Junior Varsity
Becoming an equipment dealer
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<blockquote data-quote="Brian jojade" data-source="post: 48116" data-attributes="member: 211"><p>Re: Becoming an equipment dealer</p><p></p><p></p><p></p><p>Getting dealer agreements for the first purchase is usually pretty easy for many manufacturers, but if you can't make the volume, they can cancel you for the next year. Now, you can think that you'll be able to sell a ton of gear at list price and make a killing, but in reality, anyone that buys a decent volume is already set up as their own dealer. So now you're stuck selling to those that need a lot of hand holding. They want you to have everything in stock so they can try it out, then they will shop online and pay $5 less for the same thing.</p><p></p><p>It's a very cutthroat business to break in to, and can be extremely stressful.</p><p></p><p>Now, working with the regional distributors is a way to get better pricing for yourself fairly easily as well as letting you sell when sales come along and still make a couple bucks. But the margins going that route would make it very difficult to fully run a standalone store.</p><p></p><p>As far as selling retail, that's a completely different game than providing sound. You simply can't do it just kind of and expect to make much at it. You might get a few sales here and there, but the overall effort do do that, collecting sales tax, etc, and your efforts might not even be minimum wage in the end.</p></blockquote><p></p>
[QUOTE="Brian jojade, post: 48116, member: 211"] Re: Becoming an equipment dealer Getting dealer agreements for the first purchase is usually pretty easy for many manufacturers, but if you can't make the volume, they can cancel you for the next year. Now, you can think that you'll be able to sell a ton of gear at list price and make a killing, but in reality, anyone that buys a decent volume is already set up as their own dealer. So now you're stuck selling to those that need a lot of hand holding. They want you to have everything in stock so they can try it out, then they will shop online and pay $5 less for the same thing. It's a very cutthroat business to break in to, and can be extremely stressful. Now, working with the regional distributors is a way to get better pricing for yourself fairly easily as well as letting you sell when sales come along and still make a couple bucks. But the margins going that route would make it very difficult to fully run a standalone store. As far as selling retail, that's a completely different game than providing sound. You simply can't do it just kind of and expect to make much at it. You might get a few sales here and there, but the overall effort do do that, collecting sales tax, etc, and your efforts might not even be minimum wage in the end. [/QUOTE]
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