If run gundam business, u think can profit?

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

Ape pandangan /k?

gundam or gandum?

gundam or gandum or gendang?

godam?

i think ts mean tis 1

if your price is lower than our competitors and service is good...sure will have customers

plastic kit or weed??

I also interested.

I think it will be high costing but very little profit margins because many competition of prices.

*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

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

good luck.

Official distributor mah. RRP is definitely higher than street price.

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..

condom?

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.

puke go blum sampai Msia ka?

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.

such detailed explanation...

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

Once you get under Litt Tak radar, you will know

i dono i no smoke

Yesterday I just sent something to a newly open shop at Summit. They sell Gunpla & other collectible like Lego, etc.
According to the partner, the start up cost for his shop is about RM 240k, RM 60k for renovation & a part part of it for inventory.

At the mean time, my cousin dump her ex many years ago because he can't make a real living by just selling gunpla online. Reality is cruel.

So details ... Appreciated..

What is P-Bandai?
Regarding floor price, if I don't follow, can?
Yes, I am awared of the price incur for shipping, warehousing but importing....

No, I am not going to promote PRC products...
Potek potek ....

I got a lot of fren who rather go weed ...
Ur 2 frens then do what?


Not easy to run a toy shop also...
Maybe I should postpone the idea...

1 go back do interior design

another go back graphic design

bang sudah lah.
most ppl direct order from jepang.
no only gundam, but figure too.
local toy shop many sudah gulung tikar.
u just trowing your money to longkang jer.

mau earn more & part time??
jadi taobao agent.

1. P-Bandai is short for Premium Bandai. Japan exclusive limited edition models. You need to have connections from the Japan side to get the items here.
2. If your supplier is the official distributor and you do not follow their floor price, they have the right to NOT supply to you anymore. Price floor is there to prevent price wars. If all retailers can suka suka lower their price and cut their profits, it would make the business prospect more unattractive. Who wants to be in a business where they cannot earn money? It would hurt the entire market in the process. Retailers die = distributor die = market die.

if u read what the others posted here, basically u need to do a few things before u even start a shop

1) create your niche in the market. what makes you stand out over others? what will make fans drive a long distance just to go to your shop and not the ones nearby their house.
2) once u have created a niche, you need to make a name for yourself. where else to do this? youtube/facebook/etc basically show to the world why u r different. it is free also.
3) when you have enough followers/support or make yourself know enough, then you can think about a business. when you are famous, ppl will come.

If u below market price 30% I buy gandum from u con9lan7firm ond

u need to aware about gundam china copy as well. with rising on currency more people opt for cheaper products.

got custom contact? if not forget it

I see. NVR knew that distributors got right not to distribute to me....


1. Price. I ship to them?

2. I will build a website to promote to the world. Sketch for website is almost done...

If can profit, y not?
I have a goal : to eliminate the unethical entrepreneurs from industry.
Price war is the way
In order to compete, they will adjust the price to floor price. In the end, consumers will reap from it


Yes, I have research from the buyer experience. They said the quality not as good as ori...

No... U know how to get 1?

Best way is to do it online first.
If you do open one, I'll support you.

No...I bought most of my stuff from HLJ..they always offer good and discounted prices. Use to buy from XL Shop but found out that buying from HLJ, Hobbysearch and Robot Kingdom is way more cheaper..if you opt the normal shipping.

Start something new like some 3rd party companies are doing for Transformers...like upgrade parts, dioramas etc. There's a huge market in the US for action figures some even being crowdfunded...and not many companies are doing does sort of stuff.

tepung gendum?

One question which could EASILY be a deal breaker: Are you are gunpla builder or do you have any prior experience in toy collection / plastic models?

gundam business earn like shyt.
net profit 100k monthly or even more.
if u open at good location. Conlan7firm more than this.

This post has been edited by Ultraman123: Jul 27 2016, 12:57 PM

btw, y dnt u make ultraman business?
conlan7firm can earn higher.

:thumbup:

Hlj item + shipping < local item?

Built Gundam:
MG : Strike Freedom, Destiny, Kryios, Wing Zero
HG : Impulse , Buster

Don't really can build coz not willing to spend on tools

Collection Figurines:
FFVII : Cloud Strife, Sephiroth
Zoids : Liger Zero, Murasame Liger
Yugioh: Exodia, Dark Magician, Summoned Skull
Ultraman : Seven & Tiga
Kamen Rider : Ryugi, Ohja, Phoenix, Zolda, Tiger
DBZ : Gogeto, Frieza, Picollo
Crush Gear: Tigeraid, Caesarvern, Dino Spartan, Grifeed
Power Ranger: Mighty Ranger Red (From MCD when I was 2")

Not hardcore due not cheap collection

This post has been edited by Lyu: Jul 27 2016, 01:44 PM

Not ultraman fan...

I rather go for kamen rider

if you get alot cheaper price and service is good i think no problem one

plus giving freebies also can attract customer

even times square price is very competitive

Competitive ? U meant murah ka? Which floor?

If free, rugi a bit... Occasionally maybe OK...

Best is don't open physical shop but do online.

Physical shop incur more cost and gundam profit not much only.

Too many ppl selling d.

I think bootleg got more profit? Price 50% of original, which is already expensive imho

These sort of businesses are usually a labor of love for small start-ups. I cannot imagine that you will turn a profit quickly, you require investment and tenacity to absorb losses for some time. Even then, you might feel it's not worth it business-wise.

I work in business development lol. If not detail enough kena boss marah.

TS when open shop let me know , i can see see

Nope.. Just because it's your hobby and interest doesn't mean it can sell well here.. Alternatively, most of my friends bought directly from Taobao; cheaper and looks even more badass than the original series.. The quality given is onpar..

Lol... Just asking opinions... Open shop not easy nowadays....

Oh? I think need to order 1 from it to access the quality...

China product can mimic 99% nowadays?

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This post has been edited by CuteSniper22: Jul 27 2016, 02:11 PM

me not gundam fan

but for model collector,
unless u occasionally got semi or rare model, i better buy online

no need open shop one....use ur house la...using delivery or COD method
nope wont say 99%

why not buat kit enviroment for gunpla? jual pokok plastik, pokok tebakar etc

It's not a mimic, in fact they make it looks even better.. but yea, you can always access to taobao to find some

mula mula bawak bandai
lepas tu bawak tiruan dari china