News Flash Indoor tracks droppin' like flies
#346
Tech Fanatic
iTrader: (56)
Anyone who tries to operate a track and a hobby store needs to understand that one should have nothing to do with the other.
The track/store owners make their case "Buy from me and pay more because I give you a track to race on" but the perception will always be:
The store/track owners usually have higher incomes than their customers, get everything they need at cost, and dont pay race fees which naturally leads to some resentment.
The track/store owners make their case "Buy from me and pay more because I give you a track to race on" but the perception will always be:
The store/track owners usually have higher incomes than their customers, get everything they need at cost, and dont pay race fees which naturally leads to some resentment.
If my local track owner drives a new BMW or a Mercedes, I would second guess this argument, but until that happens, your argument is squashed.
#347
Tech Master
iTrader: (11)
That may be true, but reality doesnt mean a thing. Its the perception that counts and its impossible to overcome. You didnt understand my argument at all.
There are no doctors, lawyers, day traders, real estate moguls, or guys who got rich off the interenet where I race. I can assure you most all of the guys I see at the track all have incomes well under 6 figures and make less or have less than the guys who own the tracks/hobby stores.
What is the demographic of the average racer? I dont know, but I would guess someone who is mechanically inclined, probably works with their hands, makes under $75k, 16-40 year old males. (Mostly). So even though the economy is incredibly good right now and we have record low unemployment, the guys who race, dont really have that much more to spend than they did 5years ago.
Isnt that really the problem: The wealthy people are out there, but they are chosing not to race RC vehicles. And were left arguing over if the correct race day fee should be $15 or $20.
No matter why Track or Hobby Store Owners post here, you will get no sympathy. At times, this is a nasty, distastefull business. We all know that. But dont blame the racers or customers or potential customers for failure. You run the tracks you sell the kits and control practically everthing. If it works - great. I'm happy for you and I hope you make a boatload of cash.
But if it doesnt, its not because someone bought a part on line. Its because you didnt understand your market or had a poor business plan or couldnt manage it properly.
There are no doctors, lawyers, day traders, real estate moguls, or guys who got rich off the interenet where I race. I can assure you most all of the guys I see at the track all have incomes well under 6 figures and make less or have less than the guys who own the tracks/hobby stores.
What is the demographic of the average racer? I dont know, but I would guess someone who is mechanically inclined, probably works with their hands, makes under $75k, 16-40 year old males. (Mostly). So even though the economy is incredibly good right now and we have record low unemployment, the guys who race, dont really have that much more to spend than they did 5years ago.
Isnt that really the problem: The wealthy people are out there, but they are chosing not to race RC vehicles. And were left arguing over if the correct race day fee should be $15 or $20.
No matter why Track or Hobby Store Owners post here, you will get no sympathy. At times, this is a nasty, distastefull business. We all know that. But dont blame the racers or customers or potential customers for failure. You run the tracks you sell the kits and control practically everthing. If it works - great. I'm happy for you and I hope you make a boatload of cash.
But if it doesnt, its not because someone bought a part on line. Its because you didnt understand your market or had a poor business plan or couldnt manage it properly.
Last edited by Ed237; 07-14-2007 at 01:47 PM.
#348
Tech Fanatic
iTrader: (56)
Well
The perception that the track or store owner is a rich man is typically held only by youth that do not work. Once one start holding down a 40hr/wk job, one would realize that the life of a track owner who works 60+ hrs a week is not a life that one would chose to have. I had he same stereotypes when I had my shop. High school kids that couldn't afford to put gas in their cars thought I was rich, and my more mature clients with families and jobs always asked how we were doing. And those that have the falicy that they can get rich running a hobby shop and track try to start their own and most miserably fail.
I don't have books of the local track to back up my statement, but just by looking at the appearance of a typical store owner, the way he/she carries himself, the car he drives and the location of the shop, I wouldn't turn down my 6 figure occupation to run a shop... This holds true in all niche hobbies.
The RC hobby is more diverse then one would think though.
I don't have books of the local track to back up my statement, but just by looking at the appearance of a typical store owner, the way he/she carries himself, the car he drives and the location of the shop, I wouldn't turn down my 6 figure occupation to run a shop... This holds true in all niche hobbies.
The RC hobby is more diverse then one would think though.
#349
Tech Master
iTrader: (5)
I think prices need to be raised. Racers can afford an increase in prices as I've seen hundreds of racers purchase too many chargers or w/ they don't need. Why can't a B4 be around $300? People can afford it and it will help the hobby shops around the world. It may be alot to ask but it compares to nothing when your racing MX or ATV's.
#350
Tech Lord
iTrader: (3)
That may be true, but reality doesnt mean a thing. Its the perception that counts and its impossible to overcome. You didnt understand my argument at all.
There are no doctors, lawyers, day traders, real estate moguls, or guys who got rich off the interenet where I race. I can assure you most all of the guys I see at the track all have incomes well under 6 figures and make less or have less than the guys who own the tracks/hobby stores.
What is the demographic of the average racer? I dont know, but I would guess someone who is mechanically inclined, probably works with their hands, makes under $75k, 16-40 year old males. (Mostly). So even though the economy is incredibly good right now and we have record low unemployment, the guys who race, dont really have that much more to spend than they did 5years ago.
Isnt that really the problem: The wealthy people are out there, but they are chosing not to race RC vehicles. And were left arguing over if the correct race day fee should be $15 or $20.
No matter why Track or Hobby Store Owners post here, you will get no sympathy. At times, this is a nasty, distastefull business. We all know that. But dont blame the racers or customers or potential customers for failure. You run the tracks you sell the kits and control practically everthing. If it works - great. I'm happy for you and I hope you make a boatload of cash.
But if it doesnt, its not because someone bought a part on line. Its because you didnt understand your market or had a poor business plan or couldnt manage it properly.
There are no doctors, lawyers, day traders, real estate moguls, or guys who got rich off the interenet where I race. I can assure you most all of the guys I see at the track all have incomes well under 6 figures and make less or have less than the guys who own the tracks/hobby stores.
What is the demographic of the average racer? I dont know, but I would guess someone who is mechanically inclined, probably works with their hands, makes under $75k, 16-40 year old males. (Mostly). So even though the economy is incredibly good right now and we have record low unemployment, the guys who race, dont really have that much more to spend than they did 5years ago.
Isnt that really the problem: The wealthy people are out there, but they are chosing not to race RC vehicles. And were left arguing over if the correct race day fee should be $15 or $20.
No matter why Track or Hobby Store Owners post here, you will get no sympathy. At times, this is a nasty, distastefull business. We all know that. But dont blame the racers or customers or potential customers for failure. You run the tracks you sell the kits and control practically everthing. If it works - great. I'm happy for you and I hope you make a boatload of cash.
But if it doesnt, its not because someone bought a part on line. Its because you didnt understand your market or had a poor business plan or couldnt manage it properly.
#351
Tech Lord
iTrader: (3)
I think prices need to be raised. Racers can afford an increase in prices as I've seen hundreds of racers purchase too many chargers or w/ they don't need. Why can't a B4 be around $300? People can afford it and it will help the hobby shops around the world. It may be alot to ask but it compares to nothing when your racing MX or ATV's.
#353
Tech Champion
iTrader: (79)
I think there isn't enough TV advertisements. On Saturday morning you see all the toys advertised. Why not have commercials about R/C on TV during the football, basketball, baseball, Indy, Nascar, and boat racing events. Most people don't have a clue where to go buy. They don't even know what differance there is between 2 speed forward, L/R turn toys and variable speed proportional steering cars. Other than seeing a Hobby People ad on TV once in a while, I never see any TV ads for R/C in general. No local newspaper ads anywhere. Flyers at the local mall or supermarkets near the track. How can people be reached if noone brings it into thier home.
#355
Tech Master
iTrader: (5)
If people are willing to pay $700 for a STR or SP2 then why not a little more for the cheaper kits? I am talking about the hobby shops. Discounting given to beginners and the young ones so that they aren't scarred of the prices to race. When they get hooked and older with a bigger allowance they can afford to help support the track and shop.
#356
Tech Lord
iTrader: (3)
Racers, be it RC or full scale, are probably some of the cheapest bastards on the planet! They will go out of their way to save a nickel. Also, why pay full price at the track when you can get it for 20% off at your regular hobby shop
"Support the track? If he wants me to support him, he needs to lower his prices."
That is an actual quote from a racer.
"Support the track? If he wants me to support him, he needs to lower his prices."
That is an actual quote from a racer.
#357
Racers, be it RC or full scale, are probably some of the cheapest bastards on the planet! They will go out of their way to save a nickel. Also, why pay full price at the track when you can get it for 20% off at your regular hobby shop
"Support the track? If he wants me to support him, he needs to lower his prices."
That is an actual quote from a racer.
"Support the track? If he wants me to support him, he needs to lower his prices."
That is an actual quote from a racer.
#358
Tech Master
iTrader: (5)
Racers, be it RC or full scale, are probably some of the cheapest bastards on the planet! They will go out of their way to save a nickel. Also, why pay full price at the track when you can get it for 20% off at your regular hobby shop
"Support the track? If he wants me to support him, he needs to lower his prices."
That is an actual quote from a racer.
"Support the track? If he wants me to support him, he needs to lower his prices."
That is an actual quote from a racer.
#359
Tech Master
iTrader: (14)
We were 45 min. away from racing today and a guy wanted to run his 1/8th scale around the track. They asked him to pay his $5 like everyone else and he got pissed about it. $5! Just shows the mentality of some of the people we deal with trying to run a race program. He can afford a $500 car but not $5 to race like everyone else. I've posted before about what a hobby shop makes and I guess it just doesn't soak in. We personally marked kits up about $25 over cost to allow the racers a chance to get started. Parts we usually give a racers discount which lowers the profit alot overall. Now I'm talking a small hobby shop. Lets say we sell 10 kits a week and make $25 on each one. And they need parts for these kits. 40% mark up. So maybe another $20 profit on parts. So this week we made $450. Take that employee's salary from that. Minimum wage of course and you wonder why he has an attitude. So take $260 from that $450. Hmmmm....that only leaves $190 for the week. Now we have to take expenses out of that. See where I'm going? And you guys want to buy online.
#360
Economy has been mentioned on this thread alot but I think a better word is value. I have raced a long time (20 yrs) and if anything, the expensive stuff has gotten alot cheaper relative to inflation. Batteries used to cost $80-$100 a pack for anything considered top end, mod motors cost the same $69-$79 that they do now. Stock racing has always had the same problem; there's nothing "stock" about it aside from the motor. I think lipo is the answer to cause a resurgence in electric. A technology freeze in thr rules would help too. A guarantee that the technology won't change fast enough to put a bad taste in the mouths of racers that are tired of racing their competitor's equipment instead of their skills.
The reason that tracks close is lack of profit. There's not enough designed into the products they sell to stay out of the red. Store owners can change their practices but most shop/track owners are not extremely astute business people, they are passionate racers.
The reason that tracks close is lack of profit. There's not enough designed into the products they sell to stay out of the red. Store owners can change their practices but most shop/track owners are not extremely astute business people, they are passionate racers.