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TSLyu
post Jul 27 2016, 10:09 AM, updated 10y ago

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If run gundam business, u think can profit?

I am awared the competition is very high in this sub field...

Ape pandangan /k?
incubus_skj
post Jul 27 2016, 10:11 AM

oh mai gotto
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gundam or gandum?
kitchai85
post Jul 27 2016, 10:12 AM

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gundam or gandum or gendang?
latipbogiba
post Jul 27 2016, 10:13 AM

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godam?
junsheng
post Jul 27 2016, 10:13 AM

---> pokemon ftw <---
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QUOTE(incubus_skj @ Jul 27 2016, 10:11 AM)
gundam or gandum?
*
i think ts mean tis 1

user posted image
lyc1982
post Jul 27 2016, 10:13 AM

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if your price is lower than our competitors and service is good...sure will have customers
limfreelance
post Jul 27 2016, 10:14 AM

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plastic kit or weed??
Stifler the Stifmeister
post Jul 27 2016, 10:16 AM

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I also interested.

I think it will be high costing but very little profit margins because many competition of prices.
shinnasuka
post Jul 27 2016, 10:17 AM

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*Gunpla*
1. You are targeting a niche in an already niche plastic models market.
2. Only 1 official distributor in Malaysia: Litt Tak
3. Consider diversifying into other toys and hobbies merchandise as well.
4. Be part of the community like how some shops became a hub for plamo lovers to gather and build their Gunpla.
5. Look into Price, Service and Social Engagement.
6. Profit margin is low. Engaging in a price war hurts both you and your competitors.

This post has been edited by shinnasuka: Jul 27 2016, 10:19 AM
SUSbig[1]
post Jul 27 2016, 10:19 AM

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1. subject to sales
2. subject to low margin
3. subject to forex
4. subject to storage/warehouse

thumbup.gif good luck.
shinnasuka
post Jul 27 2016, 10:23 AM

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QUOTE(Eralus @ Jul 27 2016, 10:19 AM)
Litt takk pricing is abit expensIve
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Official distributor mah. RRP is definitely higher than street price.
dfbitd
post Jul 27 2016, 10:25 AM

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market so scmall, what you wana earn.. Ada pelanggan x?

Trust me, gona be hard af. Advancing in the field also susah af.

Lebih baik jual burger, 1 night few hundred if you burger decent.. Night job lagi, day time can work as other stuff..
SUStlts
post Jul 27 2016, 10:26 AM

pee poo pee poo
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condom?
TSLyu
post Jul 27 2016, 10:30 AM

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QUOTE(lyc1982 @ Jul 27 2016, 10:13 AM)
if your price is lower than our competitors and service is good...sure will have customers
*
Pricing matter but depends on the supplier first

QUOTE(limfreelance @ Jul 27 2016, 10:14 AM)
plastic kit or weed??
*
Plastic

QUOTE(Stifler the Stifmeister @ Jul 27 2016, 10:16 AM)
I also interested.

I think it will be high costing but very little profit margins  because many competition of prices.
*
QUOTE(Eralus @ Jul 27 2016, 10:17 AM)
If u okay with 5-10% profit..then just do it n gud luck
*
I see mostly the market price is way too expensive.
As long got profit, I OK
But must got profit la

QUOTE(shinnasuka @ Jul 27 2016, 10:17 AM)
*Gunpla*
1. You are targeting a niche in an already niche plastic models market.
2. Only 1 official distributor in Malaysia: Litt Tak
3. Consider diversifying into other toys and hobbies merchandise as well.
4. Be part of the community like how some shops became a hub for plamo lovers to gather and build their Gunpla.
5. Look into Price, Service and Social Engagement.
6. Profit margin is low. Engaging in a price war hurts both you and your competitors.
*
I nvr knew Litt Tak is a distributer. I thought it a big shop
No any other supplier?

shinnasuka
post Jul 27 2016, 10:37 AM

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QUOTE(Lyu @ Jul 27 2016, 10:30 AM)
Pricing matter but depends on the supplier first
Plastic
I see mostly the market price is way too expensive.
As long got profit, I OK
But must got profit la
I nvr knew Litt Tak is a distributer. I thought it a big shop
No any other supplier?
*
Also to add:
1) Hobby shops are already a small niche market. If you solely focus on Gunpla, you will be stuck with a very very small client base.
2) Initial investment is not cheap, builders will always go for RG and MG products.
3) Your competitors have P-Bandai offerings, how are you going to obtain and sell Premium Bandai kits that are Japan exclusive?
4) Not only you need to stock up on Gunpla, you also need to stock up on paints, airbrushes, glues, props.
5) In the event of sole distributor, most likely they will impose a price floor to prevent a price war. So at most you can only rely on service and other aspects.
6) You need to manage your logistics and inventory level.
7) There are other suppliers, but most likely are grey imports.
8) Yes, Gunplas are expensive because shipping, distribution, warehousing, retail rental, salaries and import duty etc. You cannot just look at the difference between Malaysia and Japan price. Bringing the item from Japan to our shops will incur costs and these costs are not cheap to begin with.

ticke
post Jul 27 2016, 10:38 AM

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QUOTE(junsheng @ Jul 27 2016, 10:13 AM)
i think ts mean tis 1

user posted image
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puke go blum sampai Msia ka?
limfreelance
post Jul 27 2016, 10:39 AM

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so is gundam lah.
bang tauhu ka anda Daban Gundam satu biji berapo ka??
Mg rezel type C baru rm below 100 saja yo.
mana ada untung ponya.
skloda
post Jul 27 2016, 10:41 AM

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QUOTE(shinnasuka @ Jul 27 2016, 10:37 AM)
Also to add:
1) Hobby shops are already a small niche market. If you solely focus on Gunpla, you will be stuck with a very very small client base.
2) Initial investment is not cheap, builders will always go for RG and MG products.
3) Your competitors have P-Bandai offerings, how are you going to obtain and sell Premium Bandai kits that are Japan exclusive?
4) Not only you need to stock up on Gunpla, you also need to stock up on paints, airbrushes, glues, props.
5) In the event of sole distributor, most likely they will impose a price floor to prevent a price war. So at most you can only rely on service and other aspects.
6) You need to manage your logistics and inventory level.
7) There are other suppliers, but most likely are grey imports.
8) Yes, Gunplas are expensive because shipping, distribution, warehousing, retail rental, salaries and import duty etc. You cannot just look at the difference between Malaysia and Japan price. Bringing the item from Japan to our shops will incur costs and these costs are not cheap to begin with.
*
such detailed explanation... notworthy.gif notworthy.gif
Pork Chop the 3rd
post Jul 27 2016, 10:43 AM

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QUOTE(Lyu @ Jul 27 2016, 10:09 AM)
If run gundam business, u think can profit?

I am awared the competition is very high in this sub field...

Ape pandangan /k?
*
base on experience, not recommended unless u have huge pool of friends who would support u

else for new customer, why would they choose u instead of current ones?

i got 2 friends who open shop sell collectibles/figurines..both also kolos...

market too niche..and competitors alot...and now with cheap shipping from taopao even worst
drowning
post Jul 27 2016, 10:45 AM

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QUOTE(Lyu @ Jul 27 2016, 10:09 AM)
If run gundam business, u think can profit?

I am awared the competition is very high in this sub field...

Ape pandangan /k?
*
Once you get under Litt Tak radar, you will know icon_idea.gif icon_idea.gif

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