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SoCon Locks, M.D.
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SoCon Locks, M.D.
@SoConLOCKS
SoCon Stan Account l Blue Eyes | Coffee Snob | Golf Course Logo Connoisseur | U Street Racquet | Brora Golf Club | SoCon Locks™️: 51-33
Katılım Kasım 2020
699 Takip Edilen2.4K Takipçiler
@cashflowgolfer Sounds like you should really be charging more for your grips.
English
Since this concept is hard for people, here’s a lesson in how business works.
I buy a golf grip for wholesale price.
Let’s say it’s $5.
I sell and install that grip for $12.
Gross profit $7.
Costs you don’t see.
Tape, grip solvent, rent for my building, insurance for my building, utilities for my building, the time it’s taken me to be efficient installing a grip so that it takes me less than 2 minutes from start to finish, the taxes I pay on the $7 profit from selling that grip.
That $7 profit turns into $3-$4 profit very quickly.
You can insert any product into this scenario.
You idiots complaining about the price of things are either uneducated or broke.
SoCon Locks, M.D.@SoConLOCKS
20 quid for a singular ball marker… is it time to start the conversation?
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@EgbersTom Agree. 1 and 18 are my weak holes. 2-17 are just class
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@SoConLOCKS Great assessment. Curious as to your weak holes? I had 3, would be fine holes anywhere else but when you’re talking about a place of this caliber you gotta split hairs
I experienced both clubhouses and I’ll leave at that
English
Course: 9.9/10. It’s my favorite course i’ve ever played. There are maybe 2 weak holes, but the rest are a fantastic.
Membership: very humble, kind, and welcoming
New Clubhouse: An unfortunate mistake. I know they “needed it”, but no frills is what makes Scotland golf special
Tom Egbers@EgbersTom
@SoConLOCKS Can we get an across the board review of Dornoch?
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I own and operate a golf business. You think I don’t know the economics of it?
You think we do this as a hobby?
You’re the one complaining about the price of something that nobody forces you to buy.
Don’t like the price, don’t buy it.
Want to offer the same product for cheaper? Do it.
English
20 quid for a singular ball marker… is it time to start the conversation?
English
Ladies and Gentlemen, the Suber tracker has a pulse.
Jackson Suber Tracker@SuberTracker
🚨 We are officially underway in Round 3 OPENING BIRDIE AT THE 1ST 🐦 Pulls within 4 immediately. COME ON ‼️
English
@cashflowgolfer Ok Mr. Finance. You seem like a great person to have a beer with
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Your example was a ball marker. Not a polo.
Do you know the economics on those polos, if that’s the preferred example?
How much of a profit margin do you think they are making? One shirt gross margin, is very different than net margins on say 100 shirts that they order.
Are they supposed to sell shirts for a loss?
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@cashflowgolfer Ben, thanks for reaching out. Your insight is appreciated. However, when you are selling a H&B polo for $200 USD, that not just the typical mark up. That’s what we call price gouging
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So here is the progression…
One person buys (a lot) of these blanks. Then spends the time (which equals money) to etch, engrave, stamp, etc
Then another person buys (also a lot) of these at wholesale pricing in order to resell for a profit.
Both parties risked their money into product, inventory, and time.
Are they not allowed to make money?
Nobody is forcing anyone to buy anything.
What exactly is the conversation that needs to start?
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@Rossador88 “Capitalism, man, isn’t always the answer” - Pete “diddy” Millar
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@SoConLOCKS Why buy these when you can buy a 6ft long “IVE PLAYED ROYAL DORNOCH” sign
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Would be rude not to give a shout out to B Draddy, who is fighting the good fight and #shrink ‘ing the logo across the pond. Continuous improvement.
#notapaidadvertisement
SoCon Locks, M.D.@SoConLOCKS
20 quid for a singular ball marker… is it time to start the conversation?
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The golspie pro shop is going to keep me up at night. I think they might go weeks without selling a singular item. Might need to begin the conversation with Guggenheim #restructuring
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Birdied FOXY yesterday. Not really trying to make it a big deal about it. Pretty mundane hole if you ask me
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@SoConLOCKS Yes, when are you returning to the office
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