Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Rate Thread Display Modes
Old 19-03-2017, 07:36   #61
Registered User

Join Date: Jun 2010
Location: Sailing the Caribbean
Boat: Switch 51
Posts: 1,494
Re: Westmarine is insane

Quote:
Originally Posted by Stumble View Post
What irritates me about these WM threads is people seem to think that they just jack the prices up for fun, or because they can.
Of course they will raise their prices as high as they can. They are not running a charity. And putting competitors out of business has helped them do it.
__________________

__________________
SVNeko is offline   Reply With Quote
Old 19-03-2017, 08:07   #62
Registered User

Join Date: Jun 2007
Location: SW Florida
Boat: FP Belize, 43' - Dot Dun
Posts: 3,398
Re: Westmarine is insane

FWIW, their sale price on New England rope is good thru today....you'd be hard pressed to beat the price elsewhere.
__________________

__________________
DotDun is offline   Reply With Quote
Old 19-03-2017, 09:14   #63
Marine Service Provider

Join Date: May 2012
Location: New Orleans
Boat: We have a problem... A serious addiction issue.
Posts: 3,940
Re: Westmarine is insane

Quote:
Originally Posted by SVNeko View Post
Of course they will raise their prices as high as they can. They are not running a charity. And putting competitors out of business has helped them do it.
Of course, but it isn't like WM is printing money, they have a pretty poor profit margin compared to most retail. And unlikely most retail, labor isn't their biggest cost, it's inventory.

A grocery store (which is notoriously fast) will typically have an Inventory Turnover Rate of about 18, meaning on average they sell everything's in the store 18 times a year. Most retail is between 6-8, WestMarine is ~.6 . So the average item in WM sells about once every two years. That's actually slower than a high end jewelry store like Tiffany's.
__________________
Greg

- If animals weren't meant to be eaten then they wouldn't be made of food.
Stumble is offline   Reply With Quote
Old 19-03-2017, 13:59   #64
Registered User

Join Date: Sep 2016
Location: Long Beach, CA
Boat: 42 Leopard- Sunk by Irma
Posts: 79
Re: Westmarine is insane

"That's the trouble with economics 101. It has no consideration for people."
Ha, good one!
__________________
LLizzard is online now   Reply With Quote
Old 19-03-2017, 14:28   #65
Moderator
 
Hudson Force's Avatar

Cruisers Forum Supporter

Join Date: Nov 2008
Location: Lived aboard & cruised for 45 years,- now on a chair in my walk-in closet.
Boat: Morgan OI 413 1973 - Aythya
Posts: 7,894
Images: 1
Re: Westmarine is insane

I follow that same Sam Cooke plan that so many have mentioned, "You Better Shop Around", but I keep West Marine on my list. Sometimes they suit me best. No store has my devotion and no store makes me resentful.
__________________
Take care and joy, Aythya crew
Hudson Force is offline   Reply With Quote
Old 19-03-2017, 15:00   #66
Registered User

Join Date: Oct 2015
Location: Aspen USA
Boat: 10' surfboard
Posts: 147
Re: Westmarine is insane

"Local Charts? no, we don't have those... We do have a great selection of Multi Function Display's with radar, fishfinder, compass wind, distance, engine management, weather and chartplotter included, of course you will want the platinum chart chip package..."

WM is fun to visit. We call it the candy store around here.
__________________

__________________
nematon785 is offline   Reply With Quote
Reply

Tags
marine

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
For Sale: WestMarine Dinghy Lifting System ude123 Classifieds Archive 3 03-05-2014 07:10
WestMarine.com - Fantastic Customer Service Revelations Product or Service Reviews & Evaluations 0 30-01-2013 09:35
Mercury 310 PVC RIB vs. Westmarine 310 RIB elleandi355 Liveaboard's Forum 0 12-01-2012 20:29
Just how insane is this idea? Tspringer Monohull Sailboats 22 09-11-2006 15:43
Am I insane? MysticGringo Great Lakes 13 13-10-2006 06:50



Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 14:31.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.