New Prices of Tackle - weak ZAR influence

royboy

Sealiner
I visited one of the local tackle dealers yesterday and the subject of price increases came up. A scary discussion it was.

It would appear that a lot of the importers didn't have forward cover through the end of 2008 and with the Rand volatility against major currencies over the last few weeks, and these guys having ordered stock for the Christmas season, we are in for a 35-40% increase in price across the board for imported tackle. Pretty much with immediate effect depending on stock levels.

This is for rods, reels, lures, line, hooks and all the other nice imported things we have taken for granted.

For those out there who plan on nice shiny fishing Christmas presents, best get out to the stores and purchase before the "bite" sets in.
 

neilg

Sealiner
Importers ABUSE the excuse of the value of the rand.

Hell even Dealers do it.

Some of them have "old" stock, but see the rands value falling as an oppertunity to make a quick buck or 5000.
 

royboy

Sealiner
Yup Neil, there is that as well. There are the rogues out there for sure......as most of us have experienced in the past.

In this instance, I saw the orders placed by the dealer on his supplier, and the response from his supplier......and the 35-40% increase was shown on the invoice.....which then gets passed on to the buying public.

Money is tight for most people at the moment, so unless these guys try to minimize increases, sales will definitely be down.

Here we go again, Getting SMOKED!!!!!!
 

Walt

Sealiner
It's time to consolidate one's position & close your eyes and buy what you may need now.When you open peepers again,what you needed will have gone up & like restaurants,Shop chains,etc,what has happened is that everytime you stock up, prices have escalated between 10% and 30%,sometimes over just a few.Daiwa prices went up last week & I've heard it on good authority that shimano was due to go up this week.I've seen Saltists now going at R2000,and i have 2,but at those new prices,I'd rather look at another brand capable of doing a similar job at cheaper price.Looking positively,buying now at a good price would be a good investment as you should at least get your money back next year on certain gear, like Toriums,for example,BUT this is in accordance with buying the right items at the right price.By the right items,gear,etc,I'm referring to items that are always in demand and can be resold with ease.Regarding everyday, fishingday stuff like hooks,it would work out cheaper getting a few guys together & buying boxes of 100s and splitting costs. Sinkers can be made up,and I'm looking where I can get a grapnel mould & wires as i've got supplier for .35mm weedeater cord.My 2c.Cheers!    
 

Hendre

Senior Member
I know prices will go up as the exchange rate gets weaker, but what I hate is not seeing the reverse take place.

How many of you had a chat with tackle store owners when the exchange rate strengthens? Did they explain that they are going to lower their prices because they are importing cheaper?

 

I think not!
 
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