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General Marine Discussion All things Salt.

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Old 10-09-2019, 08:39 PM   #1
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Default Saltwater hobby dieing

It seems like the saltwater hobby is dieing out.

What a sad sad time we live in.
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Old 10-10-2019, 05:28 PM   #2
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Its not really dying out. Indo has closed exports due to, simply put, inconsistencies of export #'s vs legally # issued permits. Many LFS relied on Indo for the qty that they exported. With the price war during the 2005-2017, this means very low mark up per coral AND selling in volume.

If all they did was sell coral without any other "added valuse" services to bring the numbers in, lack of a regular source of standard fare corals, it wont be long before they run into the red.

This brings up the sticky wicket of brick and mortar (B&M) vs "Basement Operators" (BO) as overhead is significantly cheaper for the latter when Indo was near closing exports as B&M could not compete on that segment. With the rise in popularity of "designer corals" BO were able to capitalize on growing and fragging mostly because...they can afford the time to do so where the B&M cannot.

The Canadian market is significantly smaller that the US. Shipping within Canada also is a mess and significantly more expensive.

Most distributors now will not sell to businesses that do not have a retail storefront or have a higher wholesale pricing structure vs B&M.

Many layers to the discussion but in the GTA, its bloody expensive to operate a marine LFS that solely relies on walk in purchases.
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Old 10-11-2019, 09:01 AM   #3
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Can we all just move to the US
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Old 10-14-2019, 04:13 PM   #4
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The issue is CITES and CFIA regulations of livestock, drygoods and shipping rates getting stuff across the border.
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