I love going to train shows. I love to "wheel and deal" With the guys but I understand they pay to be there and you have to let people make a living. I am very aware of what goes on at these shows.
I have worked at a few and it seems they load as much back up at the end of the day as they brought.Thats not good to see. Talking to the vendors they say they make little or no money, its just a chance to become known and get their name out there. These people work their ***es off give them your business.
Here is their day:
Go to shop-pack everything up-
load it up-drive out there-
un load -un pack-set up-
sit 6-8 hours-
pack it all back up-load it up-drive back-
un load-un- pack- put away-
you have a 13-14 hour day.AND have to pay helpers.
Buy from these guys.They deserve it. Don't be a tire kicker. they are doing us a service. Nick
There is another side to this, though, and that is a lot of vendors at these shows (and this is just my experience/view/opinion) is that many of the vendors don't help themselves, that instead of pricing their goods at reasonable prices, they set the ticket price high with the hope they will get their real price through haggling, or better, get someone to overpay, it kind of reminds me of the model of the electronics stores in NYC back in the day, where they would have a 200 buck (then) modem priced at 600,hoping a tourist would think it was a bargain when they got it for 550. I understand there are a lot of people who go to those shows who want to get something for nothing, who think they are going to get something expensive at tag sale prices, I have seen more than a few customers at trains shows who I would hate to have to deal with as a vendor.
In this day and age of the internet, when you can see what things are realistically priced at, when you can do it from your home, why should someone have to haggle over something, play the game, when they can get the item easily online def cheaper than what the vendor has on its price tag? What value is the vendor adding to the purchasing experience? I'll also be blunt, a lot of the people I see selling at tables are not selling anything exotic that would interest a collector and are selling common stuff at prices an operator wouldn't pay, I think some of the vendors are thinking it is the past, where people would snap up common Lionel PW at ridiculous prices or something like that. It isn't that I devalue the experience of going to a show, I went to Spring Thaw (and will go to First Frost, among other things we found a great Hungarian Restaurant in a nearby town) and was blown away with how much fun it was, so I value the show experience, but I personally don't value having the negotiate a decent price either (I saw both types at Spring Thaw, some with realistically priced offerings, some with prices that would make the guys at Madison Hardware blush at when fleecing some yuppie back in the 80's
.
The other thing is, it may be better to sell things near what you paid for them or even at a loss than not sell them, is it better to pay for a table, the gas to get to a show, the food, etc, and take a total loss on that cost, or perhaps make some sales so the loss is less? Too, if you get known for wanting to sell things, you might end up getting customers in the future who otherwise would go elsewhere, a vendor sitting there not selling anything is like a store with no foot traffic in it, it won't attract customers. It is why stores always have stuff on sale, to get people into the stores, so while they may not make much on that pair of sneakers with a 40% off coupon, they will make money on other things people buy. Another good reason to sell inventory off, even if at a loss, is that perhaps the vendor can find other things to sell people want. If you are going to show after show and no one is buying, it means the price is too high for the level of interest people have, and if you keep coming back with the same items at the same price it just feeds the perception you (the vendor) have nothing worth looking at *shrug*.
I do agree with others that getting new blood at the shows is a good idea, ie getting people into the hobby who may still see something interesting and be willing to pay more than the guy coming there looking for hot bargains, the proverbial "grumpy old man", I speak from experience, new people in a hobby tend to be willing to make impulse purchases more than the jaded person with his worn version of greenberg guides and Ebay selling prices in his head.