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The Water Cooler
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All these jewelry commercials
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<blockquote data-quote="aviator41" data-source="post: 2677802" data-attributes="member: 30309"><p>We like to watch Shark Tank. Some of the ideas are fantastic. Others not so much. Perfumes/odor based products general do very poorly on there and there's a reason: </p><p></p><p>One of the sharks, Daymon John, once said "There's only one industry with higher markups than perfume - and it's not legal" This translates to big companies defending their turf and share of the industry with great vigor. It's impossible for a little guy to gain ANY market share in this field. Bluntly put: you don't mess with another dealers street corner. This keeps prices high, margins through the roof and competition down - and that's just the perfume industry.</p></blockquote><p></p>
[QUOTE="aviator41, post: 2677802, member: 30309"] We like to watch Shark Tank. Some of the ideas are fantastic. Others not so much. Perfumes/odor based products general do very poorly on there and there's a reason: One of the sharks, Daymon John, once said "There's only one industry with higher markups than perfume - and it's not legal" This translates to big companies defending their turf and share of the industry with great vigor. It's impossible for a little guy to gain ANY market share in this field. Bluntly put: you don't mess with another dealers street corner. This keeps prices high, margins through the roof and competition down - and that's just the perfume industry. [/QUOTE]
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