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How Low can Indoor prices go?

Mediocrity will always begot the lowest price. The reward of the high ticket will always go to anything BUT MEDIOCRITY! I know...and I am still north of $3k in this fucked up Soooo Cali marketplace.

Think: aromas, flavor, potency & beauty contest. The smokereport MUST have at a minimum: beginning, middle and an end. The herb/smoke must introduce itself to the user nicely, without harshness or distaste (beginning), it must linger and present sometype of complexity/flavor/effectiveness (middle), and it must leave the user satiated with a desire for more (this is the end....beautiful friend....this is the end....my only friend.....the end of our elaborate plans....the end....) (sorry for the Jim Morrison detour). Lacking any of those three basic components...then expect and accept a lower price. Just saying.

Of course having last years genetics...will not help at all. Got to have those powerful sought after genetics--now, not next year, or a year hence. By the time some of you slow pokes catch up...growers like me have booted our "old genetics" to the bargain bin and moved on.

Sorry if this sound brutal, but it is how it is.

Cheers!

Sound more like a car salesman to me.
 

EclipseFour20

aka "Doc"
Veteran
Yep...car salesmen in plaid coats--coast to coast--are planning what to do...when their current "rope a dope" sales campaign is exhausted.

Just saying, you can be a sleepy grower and grow the same genetics year after year and whine about the pay cut...or you can be proactive and get ahead of the curve.

Cheers!
 

floralheart

Active member
Veteran
prices in BC right now are like 1200-1500 an elbow.

its kinda not worth it now for the big guys...

all about the boutique market up here now... apples to oranges but just throwing it out there...

In other words, fine grown cannabis and cutting edge research & breeding is where it is at. And that's real nice, as an outsider.

a friend here says the weed shops buy at $2,700. he had some decent keeper 90's early 00's strains. his is not my taste or medical specific, but more than decent smoke.
 
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floralheart

Active member
Veteran
Yep...car salesmen in plaid coats--coast to coast--are planning what to do...when their current "rope a dope" sales campaign is exhausted.

Just saying, you can be a sleepy grower and grow the same genetics year after year and whine about the pay cut...or you can be proactive and get ahead of the curve.

Cheers!

meaning? creating the new keeper.
 

2 Legal Co

Active member
Veteran
Car Salesmen aside.... Next you'll get me started on Preachers and such! lol

Heard on the radio yesterday: Top shelf, 15 strains $129.95 an oz..... It was from a Dispensary up in the Mountains. The last add they ran was for $139.95 an oz.
 

2 Legal Co

Active member
Veteran
It doesn't matter much what it is, since it's all relative,,,, I guess.

6 months ago they were just coming down to $225 an oz.....

I guess you can't buy good stuff in Colo.? I ask because I grow my own, and am not a retail customer.

A friend of a friend just packed it in after successfully growing for several years. Said it wasn't worth the time and trouble anymore.
 

EclipseFour20

aka "Doc"
Veteran
As in all commodities, when price levels decline expect the following:

Producers who are barely making it financially OR those that make mediocre/average quality products--usually find themselves in a "survival squeeze play" (price war amongst other struggling producers). Those that survive this "squeeze play", then become the "strongest of the weak" and are rewarded with the lowest spot on the coveted "totem pole".

Whereas, those that produce stellar/excellent quality products--usually find themselves in a "financial squeeze play" (price war amongst the best). Winners of this "squeeze play" become the "strongest of the best" and get to jockey for the totem's pole top position...while standing on the shoulders of those at the bottom.

IMHO, it is 50/50. Half technique and half genetics.
Great grower + mediocre genetics = bottom of the totem pole.
Great grower + great genetics = top of the totem pole.
Shitty grower + great genetics = bottom of the totem pole (at best).
Shitty grower + mediocre genetics = ash (no spot on totem pole).

Another hint....let's take a page from the fashion industry--
Price of a designer dress when it is first modeled on a Paris runway--$5,000
Price when it hits New York/London--$2,500
Price when it hits Beverly Hills Rodeo Drive--$1,250
Price when it hits top drawer department stores Nordstroms/May Co--$625
Price when it hits bottom drawer department stores JC Penney/Sears--$250
Price when it hits discount stores Target/Walmart--$50

If Walmart drops the price from $50 to $25...do you think Paris will drop their price by a single dollar? Nope. But, what would happen if Paris were to cut the price in half? Instant chaos.

Bottom line: Up your game and raise the bar (make it harder for the next guy).

Cheers!
 

babelfish

Member
As in all commodities, when price levels decline expect the following:

Producers who are barely making it financially OR those that make mediocre/average quality products--usually find themselves in a "survival squeeze play" (price war amongst other struggling producers). Those that survive this "squeeze play", then become the "strongest of the weak" and are rewarded with the lowest spot on the coveted "totem pole".

Whereas, those that produce stellar/excellent quality products--usually find themselves in a "financial squeeze play" (price war amongst the best). Winners of this "squeeze play" become the "strongest of the best" and get to jockey for the totem's pole top position...while standing on the shoulders of those at the bottom.

IMHO, it is 50/50. Half technique and half genetics.
Great grower + mediocre genetics = bottom of the totem pole.
Great grower + great genetics = top of the totem pole.
Shitty grower + great genetics = bottom of the totem pole (at best).
Shitty grower + mediocre genetics = ash (no spot on totem pole).

Another hint....let's take a page from the fashion industry--
Price of a designer dress when it is first modeled on a Paris runway--$5,000
Price when it hits New York/London--$2,500
Price when it hits Beverly Hills Rodeo Drive--$1,250
Price when it hits top drawer department stores Nordstroms/May Co--$625
Price when it hits bottom drawer department stores JC Penney/Sears--$250
Price when it hits discount stores Target/Walmart--$50

If Walmart drops the price from $50 to $25...do you think Paris will drop their price by a single dollar? Nope. But, what would happen if Paris were to cut the price in half? Instant chaos.

Bottom line: Up your game and raise the bar (make it harder for the next guy).

Cheers!

What about having a stable reserve to sell from? (and reserves period) So that your not living grow to grow...
 

EclipseFour20

aka "Doc"
Veteran
Reserves of "mediocrity"...or "Paris"? IMHO, seldom do I have any reserves of "Paris"---rather its the "Target Shit" (aka mistakes...or bad experiments) that seems to "accumulate". But if reserves work for you...absolutely! Why not...who fixes something that works?

IMHO, there really is no "one perfect" business model for success--but learning from history/experts can reduce the time/investment in "re-creating the wheel". The things I have shared on ICMag work for me and my tickets are north of $3k...by a goodly amount.

Cheers!
 

2 Legal Co

Active member
Veteran
For Walmart I'm not sure it'd make much of a difference. They're cost on it is probably $5.00, and they don't own it until it sells. Your basic 'consignment' situation.

I doubt if much has changed since I knew a manager at Wally 6 years ago. I don't buy much from there.
 

Jbomber79

Active member
Veteran
Your not getting rid of those tickets in CA or if you are they aren't staying in CA I guarantee that, north of 3..right...when pigs fly...no business man would make that wager unless he was selling those tickets to a dumbass.

Reserves of "mediocrity"...or "Paris"? IMHO, seldom do I have any reserves of "Paris"---rather its the "Target Shit" (aka mistakes...or bad experiments) that seems to "accumulate". But if reserves work for you...absolutely! Why not...who fixes something that works?

IMHO, there really is no "one perfect" business model for success--but learning from history/experts can reduce the time/investment in "re-creating the wheel". The things I have shared on ICMag work for me and my tickets are north of $3k...by a goodly amount.

Cheers!
 

EclipseFour20

aka "Doc"
Veteran
No dumbasses are involved...and yes, I am in the So Cali marketplace. Since everyone is super happy with both product and price, I interpret that "as a good thing" for all involved.

If your product has aromas, flavors, potency...and the smoke reports results are at their best...and each bud could win a beauty contest (hand manicured with great bag appeal)...and the cure is right on---then shame on you for selling below $3000.

Sometimes growers need to practice more at the art of negotiation...Rule #1: He speaks dollars first...usually loses first. Think about it, they ask "how much" and you reply with "x dollars"--and then they counter with $500 less. Sometimes they cry a sob story how they NEVER PAY more than what they just countered you with.

Turn it around--when asked, "how much" reply with, "as much as it is worth"...and keep your mouth shut (silence is golden). When prodded for an amount, tell them "last year I sold a pack exactly like this for $4000 but I know this is not last year...so you tell me what it is worth this year"....and keep your mouth shut (recite the alphabet backwards in your head if you need a distraction). Odds are when he breaks the silence with a dollar amount--whatever it is...it usually will be a greater than the amount your lips would have uttered. Sometimes, significantly more...at least that has been the experiences of myself and others.

And remember there is a magic two letter word, and the 2 letters reside side by side in the alphabet. NO...you can always say "no" and walk. Odds are, if you have the best herb in town...and he doesn't, then make him really want yours. The dollars will flow freely.

Yep...the art of negotiation, some have it--some don't. But we all can learn, practice and perfect it!

Cheers!
 

babelfish

Member
No dumbasses are involved...and yes, I am in the So Cali marketplace. Since everyone is super happy with both product and price, I interpret that "as a good thing" for all involved.

If your product has aromas, flavors, potency...and the smoke reports results are at their best...and each bud could win a beauty contest (hand manicured with great bag appeal)...and the cure is right on---then shame on you for selling below $3000.

Sometimes growers need to practice more at the art of negotiation...Rule #1: He speaks dollars first...usually loses first. Think about it, they ask "how much" and you reply with "x dollars"--and then they counter with $500 less. Sometimes they cry a sob story how they NEVER PAY more than what they just countered you with.

Turn it around--when asked, "how much" reply with, "as much as it is worth"...and keep your mouth shut (silence is golden). When prodded for an amount, tell them "last year I sold a pack exactly like this for $4000 but I know this is not last year...so you tell me what it is worth this year"....and keep your mouth shut (recite the alphabet backwards in your head if you need a distraction). Odds are when he breaks the silence with a dollar amount--whatever it is...it usually will be a greater than the amount your lips would have uttered. Sometimes, significantly more...at least that has been the experiences of myself and others.

And remember there is a magic two letter word, and the 2 letters reside side by side in the alphabet. NO...you can always say "no" and walk. Odds are, if you have the best herb in town...and he doesn't, then make him really want yours. The dollars will flow freely.

Yep...the art of negotiation, some have it--some don't. But we all can learn, practice and perfect it!

Cheers!

very nice technique.
 

2 Legal Co

Active member
Veteran
No dumbasses are involved...and yes, I am in the So Cali marketplace. Since everyone is super happy with both product and price, I interpret that "as a good thing" for all involved.

If your product has aromas, flavors, potency...and the smoke reports results are at their best...and each bud could win a beauty contest (hand manicured with great bag appeal)...and the cure is right on---then shame on you for selling below $3000.

Sometimes growers need to practice more at the art of negotiation...Rule #1: He speaks dollars first...usually loses first. Think about it, they ask "how much" and you reply with "x dollars"--and then they counter with $500 less. Sometimes they cry a sob story how they NEVER PAY more than what they just countered you with.

Turn it around--when asked, "how much" reply with, "as much as it is worth"...and keep your mouth shut (silence is golden). When prodded for an amount, tell them "last year I sold a pack exactly like this for $4000 but I know this is not last year...so you tell me what it is worth this year"....and keep your mouth shut (recite the alphabet backwards in your head if you need a distraction). Odds are when he breaks the silence with a dollar amount--whatever it is...it usually will be a greater than the amount your lips would have uttered. Sometimes, significantly more...at least that has been the experiences of myself and others.

And remember there is a magic two letter word, and the 2 letters reside side by side in the alphabet. NO...you can always say "no" and walk. Odds are, if you have the best herb in town...and he doesn't, then make him really want yours. The dollars will flow freely.

Yep...the art of negotiation, some have it--some don't. But we all can learn, practice and perfect it!

Cheers!

Sales 101:::::::You too could sell used cars. :biggrin:

Or snow to an Eskimo.

Some just bag shit,,,, and sell it as Fertilizer. lol
 

flyer81

Member
prices in BC right now are like 1200-1500 an elbow.

its kinda not worth it now for the big guys...

all about the boutique market up here now... apples to oranges but just throwing it out there...


I paid $20 for 2 grams on the street in Vancouver earlier this year and I was impressed. Im curious to see what a botique seller has there. Im just visiting for work so the street is pretty much the best Ive been able to do and it was better than what I am producing right now with clones of unknown genetics. I cant wait for my new clones (taken from seeds I popped) to be ready.
 

Crooked8

Well-known member
Mentor
ICMag Donor
Veteran
People pay 4k in the bay for cookies. Boutique strains always sell for north of 3k if its top shelf ins. Not sure what other dude was talkin about..
 

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