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Who knows? If not, take a guess!
What is the "margin" on a bow. I mean that business wise. How much does it cost to make one, in production?
I think I'd hate to know! I have ZERO idea. I'll guess in the $100 range. |
RE: Who knows? If not, take a guess!
It's a very tricky number to get out of the insiders. I'd say its $100 or less. They ain't getting rich selling bows.
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RE: Who knows? If not, take a guess!
YOu kidding? What costs are you leaving out?
1. Facilities 2. Employees salaries 3. Insurances 4. Advertising 5. R&D 6. Patents WAY too many to list them all....... |
RE: Who knows? If not, take a guess!
I will say much higher than $100.Actually MUCH higher
Machining cost are high as well as materials. I KNOW that companies get a much better rate on materials than we do but just for giggles,go try and figure what materials alone would cost for a bow for YOU to buy. |
RE: Who knows? If not, take a guess!
ORIGINAL: GMMAT YOu kidding? What costs are you leaving out? 1. Facilities 2. Employees salaries 3. Insurances 4. Advertising 5. R&D 6. Patents WAY too many to list them all....... The actual bow is the cheap part! |
RE: Who knows? If not, take a guess!
YEah think about it.....
Materials are cheap, right? WHen the doc sticks a gloved finger up your ass......how much you reckon you're paying for that glove? Wait.....they do that to you too,......don't they??? S O A B![:@] |
RE: Who knows? If not, take a guess!
I misread your question...I thought you meant what kind of margin the dealers make on a bow.
As for the companies, I have no idea.[&:] |
RE: Who knows? If not, take a guess!
I used the wrong terminology! Man, I'm on my game tonight! :D
Margin meaning how much they actually MAKE on the bow. I do wonder what the TOTAL COST would be of a single bow. Some accounting facts from a kid that has an accounting test tomorrow morning! |
RE: Who knows? If not, take a guess!
If you knew one (cost / margin).....couldn't you discern the other?;)
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RE: Who knows? If not, take a guess!
ORIGINAL: GMMAT YEah think about it..... Materials are cheap, right? WHen the doc sticks a gloved finger up your ass......how much you reckon you're paying for that glove? Wait.....they do that to you too,......don't they??? S O A B![:@] |
RE: Who knows? If not, take a guess!
ORIGINAL: GMMAT If you knew one (cost / margin).....couldn't you discern the other?;) Touche my friend, touche! |
RE: Who knows? If not, take a guess!
$100!!??? LOL I almost spit up my water when I read that..........:D
It's WAY more than that even on a KID's bow it's much more than that. MAnufacturers actually make the least amount of money on a kid's bow because you still have many of the same materials and labor costs but with a much lower dealer cost. Top end bows have much more involved machining, larger raw materials etc etc. Thebottom linecost of making a compound bow is closer to dealer price than you might imagine......;) |
RE: Who knows? If not, take a guess!
AND,dealer cost is closer to your cost than most can imagine.Especially if you are a lower level dealer.
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RE: Who knows? If not, take a guess!
The owner of the shop use told me he makes about $100 on a new bow. Says he makes most his money on the accessories.I know him quite well so I am sure he is being honest
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RE: Who knows? If not, take a guess!
ORIGINAL: Matt / PA $100!!??? LOL I almost spit up my water when I read that..........:D It's WAY more than that even on a KID's bow it's much more than that. MAnufacturers actually make the least amount of money on a kid's bow because you still have many of the same materials and labor costs but with a much lower dealer cost. Top end bows have much more involved machining, larger raw materials etc etc. The bottom line cost of making a compound bow is closer to dealer price than you might imagine......;) It's WAY more than that even on a KID's bow it's much more than that. MAnufacturers actually make the least amount of money on a kid's bow because you still have many of the same materials and labor costs but with a much lower dealer cost. I figured that out. ;) Maybe, maybe not. I'm not sure. |
RE: Who knows? If not, take a guess!
Maybe, maybe not. I'm not sure. ;) |
RE: Who knows? If not, take a guess!
ORIGINAL: Matt / PA Maybe, maybe not. I'm not sure. ;) I have an email in to my Uncle, who uses to own the manuf. rep. agency for a major bow company. I'll get a reply in the morning! |
RE: Who knows? If not, take a guess!
ORIGINAL: ICALL2MUCH ORIGINAL: Matt / PA Maybe, maybe not. I'm not sure. ;) I have an email in to my Uncle, who uses to own the manuf. rep. agency for a major bow company. I'll get a reply in the morning! |
RE: Who knows? If not, take a guess!
My guess is more like 250-300
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RE: Who knows? If not, take a guess!
ORIGINAL: McKenzie Elk Hunter My guess is more like 250-300 You could be right. The thing is, I'm sure it is fairly different for each company. Oh well, a ballpark figure would be interesting to me! |
RE: Who knows? If not, take a guess!
Can't be that bad rthe way some bow companies advertise. I have a friend that owns a bow shop. He's small, but he can under cut any other shop in town for new bows and thats with a 40% mark up.
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RE: Who knows? If not, take a guess!
His was reply was...
"If I told you, I'd have to kill you". I thought we were closer then that! I'll still try and get it out of him. What a great guy! [:-] :D |
RE: Who knows? If not, take a guess!
ORIGINAL: sandilands Can't be that bad rthe way some bow companies advertise. I have a friend that owns a bow shop. He's small, but he can under cut any other shop in town for new bows and thats with a 40% mark up. The dealersreally make a LOT less $$$ than you guys may think. I have no idea on the manufacturers, but I suspect it's a lot lower than you think there too. I imagine their margin is significantly less than the shops even. I used to want to own and run a shop until I realized this, I may still do it someday but it won't be because I want to make money doing it. If I'm ever financially stable enough to retire and need something to do to keep me occupied.......it might be an OK option then. I wouldn't want to try and raise a familydoing it though. Just some food for thought for you guys............... I worked for a shop for 2x years, one of the larger and more successful shops in a fairly populated area that is a bowhunting only zone. It took them about a$250k out of pocket startup cost, and 70 hours a week for the owner alone..............to make less profitthan I did with my first job out of college. No one is getting rich in this business. ;) |
RE: Who knows? If not, take a guess!
I know, but I ain't saying. It isn't a dollar figure either. It's a percentage.
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RE: Who knows? If not, take a guess!
I am guessing $349.767876789 cents on average.
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RE: Who knows? If not, take a guess!
I'm lost, are you asking markup on a new bow or cost to make the bow? Neither one would be that high IMO. Just like most sales, the money is made long term, ie accessories, service, referrals, etc.
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RE: Who knows? If not, take a guess!
ORIGINAL: Rick James No one is getting rich in this business. ;) Manufacturer wise? HA....they aren't doin this for nothing. |
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