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To: Nevada who wrote (10573)10/21/2002 11:57:26 AM
From: RobbRacer  Read Replies (1) | Respond to of 19428
 
I rarely speak on SI but have to in this case. First of all if these are MBA students they should have the knowledge to figure out how to get industry trade information-how about searching google for industry trade organizations. Second-why dont they simply interview an owner of one of those stores and tell them why they need such information? Most single proprietors would be proud a bunch of MBA's interested in their business.

And last- any true MBA candidate whose idea is to enter any retail industry to start a business should be failed on the spot.

Glad im not their professor

Robb



To: Nevada who wrote (10573)10/21/2002 9:05:42 PM
From: Ben Wa  Respond to of 19428
 
Well, you are asking the right guy about this. As a matter of fact, I have deep experience in this area. Regarding margins, they have to consider that sex toys are like automobiles. Even the finest automobile will depreciate rapidly once driven. The highest margins in a business dealing with these goods would involve purchasing the already depreciated "driven" merchandise, simonizing them & putting them on a nice display. In addition, I recommend renting them out, like Blockbuster does with tapes, video games, DVD's, and the like. Any other questions, you know where to go.