If you have the cash to do this yourself, I say go for it. You don't have to donate the profit, just use it toward the next group buy, and so on.Sounds good.
I would suggest a markup of 30% as being a very fair price. So a set that costs $115 in the group buy, would sell for $150.
I'll kick in money to fund this. So the idea is we get our money back after the sets have sold and there is a bit extra going to GH? Because that sounds like a win win situation.If we go the group route, yea.
I'll kick in money to fund this. So the idea is we get our money back after the sets have sold and there is a bit extra going to GH? Because that sounds like a win win situation.If we go the group route, yea.
I talked to a vendor about this and he said it would be hard for a single person to make their money back doing this unless they ordered a larger amount of sets.
I might just try ordering 5 sets of hyperfuse and trying to build off from that to keep investing more into future group buys.
I'll kick in money to fund this. So the idea is we get our money back after the sets have sold and there is a bit extra going to GH? Because that sounds like a win win situation.If we go the group route, yea.
I talked to a vendor about this and he said it would be hard for a single person to make their money back doing this unless they ordered a larger amount of sets.
I might just try ordering 5 sets of hyperfuse and trying to build off from that to keep investing more into future group buys.
I have actually been thinking a lot about this and talked to Zeal a bit about it. I was thinking of testing the waters by buying 5 sets of hyperfuse too haha. I think it would be easier for you as you are in the USA, but probably doable for me still..No reason we both can't!
If you want to go the group route then let me know and I'll help run it. I could probably buy two Hyperfuse sets.Word. I'll let you know :)
Did someone say GMK Orangsicle set? No? Well **** :((http://i.imgur.com/yzoTTDNh.jpg)
Did someone say GMK Orangsicle set? No? Well **** :(Show Image(http://i.imgur.com/yzoTTDNh.jpg)
There may be hope for you my man.Did someone say GMK Orangsicle set? No? Well **** :(Show Image(http://i.imgur.com/yzoTTDNh.jpg)
Don't funk with my heart, been wanting that set for over 2 years. That GB that got cancelled made me salty sour :(
There may be hope for you my man.Did someone say GMK Orangsicle set? No? Well **** :(Show Image(http://i.imgur.com/yzoTTDNh.jpg)
Don't funk with my heart, been wanting that set for over 2 years. That GB that got cancelled made me salty sour :(
Don't give up yet ;)
There may be hope for you my man.Did someone say GMK Orangsicle set? No? Well **** :(Show Image(http://i.imgur.com/yzoTTDNh.jpg)
Don't funk with my heart, been wanting that set for over 2 years. That GB that got cancelled made me salty sour :(
Don't give up yet ;)
If you have the cash to do this yourself, I say go for it. You don't have to donate the profit, just use it toward the next group buy, and so on.Also, I've heard some bad stuff about donating directly to geekhack
I would suggest a markup of 30% as being a very fair price. So a set that costs $115 in the group buy, would sell for $150.
Did someone say GMK Orangsicle set? No? Well **** :(Show Image(http://i.imgur.com/yzoTTDNh.jpg)
Show Image(http://i.imgur.com/yzoTTDNh.jpg)
Take into the equation the shipping costs, and cost of inventory, and if you are out of Germany, the taxes as well, if they are applicable to you, in your country. New GMK products have good resale value. But as more of us go that route market may get a little tight.
This could be a great idea though some calculations will be necessary to figure out how to not lose any money on this. Selling at GB prices as mentioned in the CMYW thread are aWill do! I've been working out some numbers these past few days, hopefully I can get something moving soon.stupidrisky idea.
As JD said, a 30% mark-up could be enough to cover most costs. A quick calculation (https://geekhack.org/index.php?topic=68368.msg1625666#msg1625666) shows that it's easily 25%.
Dolch + Color pack (https://geekhack.org/index.php?topic=58608.0) would be $175 though instead of $135. Excl. shipping. You would be looking at close to $200 for a set delivered to your door after the GB ends.
Keep us posted. I'd love to look over the financial calculations if necessary.
Man. People gave sherry so much **** over this exact thing.
Also boiler did this with his store. Bought to the next tier and resold for profit after gb.
But for whatever reason sherry taking on the risk himself made GHers turn into cry babies.
Granted sherry has bigger problems now but that's beside the point.
I think the idea of a fundraiser is good, but that would be more of a one time thing, kind of like the Cherry legends SP thing. If we do it by ordering sets in the group buys, that cycle will continue as long as new group buys are being created.Man. People gave sherry so much **** over this exact thing.
Also boiler did this with his store. Bought to the next tier and resold for profit after gb.
But for whatever reason sherry taking on the risk himself made GHers turn into cry babies.
Granted sherry has bigger problems now but that's beside the point.
Yeah I find this a little bit funny as well to be honest.
While I can appreciate the idea I feel like GMK sets are too expensive to make this worthwhile, it's a lot of money to have tied up hoping for maybe a 25% return. It's a slippery slope when it comes to the community as well, I know there is always the argument that people should be paying a premium for not participating in the GB to start with but then there are a lot of new users that will be punished when they never got a chance to participate.
If we wanted to do a GMK fundraiser I think we'd be far better off doing DIY parts like stabs/springs/plates etc - they can all be had on Taobao for very reasonable prices which would allow us to still sell them to people here at a good price while making a better profit margin for the GMK fund.
I think the idea of a fundraiser is good, but that would be more of a one time thing, kind of like the Cherry legends SP thing. If we do it by ordering sets in the group buys, that cycle will continue as long as new group buys are being created.Man. People gave sherry so much **** over this exact thing.
Also boiler did this with his store. Bought to the next tier and resold for profit after gb.
But for whatever reason sherry taking on the risk himself made GHers turn into cry babies.
Granted sherry has bigger problems now but that's beside the point.
Yeah I find this a little bit funny as well to be honest.
While I can appreciate the idea I feel like GMK sets are too expensive to make this worthwhile, it's a lot of money to have tied up hoping for maybe a 25% return. It's a slippery slope when it comes to the community as well, I know there is always the argument that people should be paying a premium for not participating in the GB to start with but then there are a lot of new users that will be punished when they never got a chance to participate.
If we wanted to do a GMK fundraiser I think we'd be far better off doing DIY parts like stabs/springs/plates etc - they can all be had on Taobao for very reasonable prices which would allow us to still sell them to people here at a good price while making a better profit margin for the GMK fund.
I don't like the idea of making profit off of people for missing a group buy, but I am fine doing it if it helps us reach MOQ for sets. Some sets (such as hyperfuse) have had great success and easily made MOQ, but some sets like Ivan's 85/15 have been struggling a bit and a big investment could help tip them (similar to what happened with Dolch).