buying high end coral and selling it for cheap

[reeflover_3303]

Has anyone ever thought of this ??
As I’m going to be starting a anemone dedicated and the market is for nems is big. I was thinking if I sell nems and start buying all the fancy nems and sps. Then selling them for cheap to allow others to enjoy what the expensive market is all about.

 

[Zakery Murray]

Well yes, but you would be losing alot of money unless you wait for splitting anemones.

 

[Sod Buster]

Figure out how you will seal the bags, pack them in coolers with heat/cold packs and guarantee live delivery w/ a doa claim and you'll be ok.

 

[amazongb]

Sounds like a solid plan, but you have to consider your risk.. if your tank crashes and you lose your high-end nems, then what? If you feel that there's no risk in a tank crash happening, then how long will it take to recoup your initial investment by selling low?

 

[Zakery Murray]

Now if only someone would do this for torch corals, rip my budget on those dang things.

 

[reeflover_3303]

For the nems I’m planning on waiting for splits but I’m going to take things really slow. I’m going to be using money that came from the tank and trying to make some what of a profit but that’s not my main goal.

 

[Zakery Murray]

What nems are you planning on using?

 

[reeflover_3303]

To start I’m going to use rose, rainbow and if I can find one locally a black widow.

 

[Zakery Murray]

To start I’m going to use rose, rainbow and if I can find one locally a black widow.

You can find a rose bubble tip decently priced. imo

 

[BantyRooster97]

RBTA are cheap already. Look for Shermans, Black Widows, & Sunburst. Even rainbows can be had for 1/2 of what they go for online.

I do this locally as well. I sell my Coral Collection Speckled nems for $35 - $65. $65 are 6"+

 

[sde1500]

Buy high and sell low. Sounds like every solid business plan I’ve ever heard of.

 

[Zakery Murray]

RBTA are cheap already. Look for Shermans, Black Widows, & Sunburst. Even rainbows can be had for 1/2 of what they go for online.

I do this locally as well. I sell my Coral Collection Speckled nems for $35 - $65. $65 are 6"+

Hey you got any pics of those speckled nems, would love to add one to my tank?

 

[Dsnakes]

If you have money to burn I suppose why not. I’d be sure to recoup my investment before selling them dirt cheap though.

Buy high and sell low. Sounds like every solid business plan I’ve ever heard of.

I feel that’s how my first dabble in the stock market went ;Facepalm Thankfully I learned a few things quick.

 

[reeflover_3303]

Buy high and sell low. Sounds like every solid business plan I’ve ever heard of.

Yup, its sure is one heck of a business plan.