- Joined
- Oct 18, 2019
- Messages
- 523
- Reaction score
- 402
That's a great business model @Biota_Marine. Nothing like taking advantage of people. Capitalism is one thing but that's a joke
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Thanks for the review, I was wondering how these captive breeds are doing. Any update? How’s the little yellow tang doing In QT?I have no affiliation with @Biota_Marine, but with the recent stop of exports by Hawaii, and the large volume of people that have or would like a Yellow Tang in their aquarium, I figured I would share an experience of the Biota Yellow Tang I just received. Initially I attempted to find some reviews of their livestock, however the only thing I could find was posts from multiple years ago and marketing or trade show type articles.
You can purchase these specimens either directly from Biota, your LFS, multiple online sellers, or in my case, I purchased from @AlgaeBarn. Prior to purchasing, I reached out directly to Biota inquiring about what little information I found about the quality of these specimens other than their early releases from a few years ago which a number of them had erosion issues. To my surprise, they responded extremely fast and assured me that those issues have since passed as their processes have evolved.
I placed my order, it was delivered via Fedex directly from the Biota facility in Fort Lauderdale. The styrofoam container is of high quality, the fish was double bagged and included two heat packs as it was sent to me here in the frozen tundra of North Dakota. The fish was quite active prior to acclimating which was a good sign as usual and after floating the bag, opening and adding/replacing liquid from the bag, the fish was released within about an hour into my QT system. The fish was shipped in a roughly 1.020 salinity water so the acclimation process took a little longer than I normally like.
The fish is roughly the size of a 50cent piece, maybe a little smaller, and is still fairly translucent with its yellow colors starting to show. The fish is actively exploring the tank along with a small Tomini and Royal Gramma that are also starting their stay in QT. First feeding with Rods frozen and the fish actively fed after only being placed in QT a few hrs prior.
I think it was a smart / necessary business decision to raise their prices.That's a great business model @Biota_Marine. Nothing like taking advantage of people. Capitalism is one thing but that's a joke
I'm not going to argue this point but you don't raise prices due to increased business, you use the profit from sales.I think it was a smart / necessary business decision to raise their prices.
They went from being an optional source of Yellow Tangs to becoming one of the only / primary sources overnight. That is going to slam them hard and create some new and unexpected / unplanned for challenges they’ll need to address.
Increasing their pricing will give them additional $$$ to do this and to help expand their operations to accommodate the new demand. I see no reason they should not have raised their prices like they did and wouldn’t be surprised if they jumped again. Long term (years) as things scale, prices should actually go down.
They have a pretty huge responsibility to the hobby for these fish right now!
This is the textbook definition of capitalism. Supply decreases while demand remains the same, so they can charge significantly more. If you don't approve of this you don't approve of capitalism.That's a great business model @Biota_Marine. Nothing like taking advantage of people. Capitalism is one thing but that's a joke
Little guy is doing great. Feeding like a monster. Handled it's first transfer and H2O2 bath following Humblefish Hybrid Tank Transfer method and ate upon feeding right away which was about 5 min post transfer.Thanks for the review, I was wondering how these captive breeds are doing. Any update? How’s the little yellow tang doing In QT?
Hey 9975,That's a great business model @Biota_Marine. Nothing like taking advantage of people. Capitalism is one thing but that's a joke
Also this is correct, there is an unprecedented need for this species in which we were producing a few thousand a month there is now a gap of 25000 individuals a month so the support we get on this species and others allows us to increase and hopefully eventually fulfill this demand. Basically overnight we were asked by every country on the planet to have tens of thousands of yellow tangs and in reality that is going to take time and an incredible amount of money.I'm not going to argue this point but you don't raise prices due to increased business, you use the profit from sales.
Unfortunately, we don't ship to Asia at the moment. The progression of our Exports has been Germany>UK>Portugal>Canada our next steps are likely going to be into the Asian market but I think that is going to start with direct shipment from our Palau facility and our US produced products will follow suit shortly after we've established our partnered wholesaler out there.@Biota_Marine Is there any chance you can ship internationally to Asia?
I'm not going to argue this point but you don't raise prices due to increased business, you use the profit from sales.
I agreeYes exactly. When we factor in their lifespan, I would rather pay significantly more upfront for a healthy and clean fish, rather than maybe needing more than one or several attempts to keep that fish.