The nature of flea markets?
#3
I think the willingness to deal at flea markets is a good example of the differences in flea markets vs mrr shows. At flea markets, consumers have a perceived expectation that the offerings are probably going to be from private individuals, used stuff, engines that need a little TLC, etc. The cost of setting up at a flea market is probably cheap, probably less than $500 for a table for the weekend. Consequently, the sellers are more willing to negotiate. They may be motivated to make $$$, but a lot of them are there to unload some of the stuff in their basement to make room for more stuff. At shows, the expectation of the consumer is that it's just another off-site location for a hobby shop, items are new in the box, lots of layouts and clubs, seminars, etc. More 'vendors' vs private individuals. So the vendors are selling the same inventory at the same price, trying to get as close to retail as possible. The cost of their booth is probably at least $1000 for the weekend. They have to sell well over $2000 just to break even in the retail world. They will be much less inclined to negotiate. They might price some 'clearance' stuff or give a 10% 'show special', but that's about it. I even bought a roundhouse kit with a bright red discount show special tag boasting a big discount, only to get home, remove the sticker to reveal the same price on his store price tag!

Flea market vs show.....garage sale vs estate sale....it's all in the presentation.
Cheers,
Richard

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