Harry Krause wrote:

I sold off nearly $3,000,000 in new motors and boats, depressing
the new boat
industry in southern Connecticut for an entire season. Everything
was sold...every cotter pin, every quart of oil, 30 days after I started.
For near full-retail, too.

Harry,
I am curious, how did you depress the market if you were selling for
full-retail?

"The real ME" wrote in message
...
Harry Krause wrote:

I sold off nearly $3,000,000 in new motors and boats, depressing
the new boat
industry in southern Connecticut for an entire season. Everything
was sold...every cotter pin, every quart of oil, 30 days after I
started.
For near full-retail, too.


$3 million in 1970 translates to about $15 million today.

Must have been one hell of a business to have that sort of inventory.

For comparison sake I wonder what sort of inventory (retail) a typical
Walmart carries.

JimH,

I am not certain what inventory level a Wal-Mart maintains, but I am curious
why all the other marinas in the Long Island Sound area were not able to
sell boats and boating supplies at full retail.

I would think Harry could have started a consultation company to show all
those less informed marina owners how to sell product at full retail. Most
stores and boat dealers would love to be able to sell at full retail. Harry
should have taught his dad how to successfully run a marina when he was in
business.


"JimH" wrote in message
...

"The real ME" wrote in message
...
Harry Krause wrote:

I sold off nearly $3,000,000 in new motors and boats, depressing
the new boat
industry in southern Connecticut for an entire season. Everything
was sold...every cotter pin, every quart of oil, 30 days after I
started.
For near full-retail, too.


$3 million in 1970 translates to about $15 million today.

Must have been one hell of a business to have that sort of inventory.

For comparison sake I wonder what sort of inventory (retail) a typical
Walmart carries.

Wow, this is a great thread. I like the way we took an OT thread and turned
it into an ON TOPIC thread.


"The real ME" wrote in message
...
JimH,

I am not certain what inventory level a Wal-Mart maintains, but I am
curious why all the other marinas in the Long Island Sound area were not
able to sell boats and boating supplies at full retail.

I would think Harry could have started a consultation company to show all
those less informed marina owners how to sell product at full retail.
Most stores and boat dealers would love to be able to sell at full retail.
Harry should have taught his dad how to successfully run a marina when he
was in business.


"JimH" wrote in message
...

"The real ME" wrote in message
...
Harry Krause wrote:

I sold off nearly $3,000,000 in new motors and boats, depressing
the new boat
industry in southern Connecticut for an entire season. Everything
was sold...every cotter pin, every quart of oil, 30 days after I
started.
For near full-retail, too.


$3 million in 1970 translates to about $15 million today.

Must have been one hell of a business to have that sort of inventory.

For comparison sake I wonder what sort of inventory (retail) a typical
Walmart carries.