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Re: 2017 rod and reel sales numbers [Re: leethefishking] #12908845 09/23/18 04:13 AM
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grout-scout Online Sleepy
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Originally Posted By: leethefishking
102 for average cost of a reel seems really on the high side for me. I question these stats.


I actually thought it was on the low side. I figured the average price would have been about $130-$150.

Moritz Chevrolet - 9101 Camp Bowie W Blvd, Fort Worth, TX - Monte Coon (817) 696-2003
Re: 2017 rod and reel sales numbers [Re: Mark Perry] #12908869 09/23/18 05:32 AM
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Monty Wright Offline
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I fit pretty dang close to these stats.

In the '18, I've bought 5 bait casting reels averaging about $110 a piece and 1 spinning reel that was $160.


[Linked Image]

Half Past First Cast
^^^Worth a look^^^
Re: 2017 rod and reel sales numbers [Re: Mark Perry] #12908913 09/23/18 11:02 AM
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John Stockman Offline
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I too think the numbers are a little low. I buy 6-8 reels a year at the $200 price point. I buy 2-3 rods in the $300 range. At the same time I guess there are tons of budget rods and reels purchased.

Last edited by John Stockman; 09/23/18 11:03 AM.
Re: 2017 rod and reel sales numbers [Re: Finesse EMPEROR/ Dropshot King] #12910370 09/24/18 03:51 PM
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Ken A. Offline
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Originally Posted By: Finesse Master/ Dropshot king
I wanna know the profit margins on these products sold... at least 75% profit.


Not bagging on ya but this is far from accurate.

Retail dealers are happy to make 40% gross profit on rods and 25% on reels.

Some folks think if you pay $1.00 for something and sell it for $1.75 you are making 75% GP. It doesn't work that way.

If you pay $1.00 for an item and sell it for $4.00, that is 75% GP.



Re: 2017 rod and reel sales numbers [Re: John Stockman] #12910394 09/24/18 04:02 PM
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Originally Posted By: John Stockman
I too think the numbers are a little low. I buy 6-8 reels a year at the $200 price point. I buy 2-3 rods in the $300 range. At the same time I guess there are tons of budget rods and reels purchased.


Buyers like me bring down the average as my new rod and reel purchases are less than average and probably always have been.


Prepare for the future-it will be here tomorrow.
Personal Best Large Mouth Bass 9 lbs. 12 oz 5/13/19.
Herb Stein, who famously reminded us that โ€œif something canโ€™t go on forever, it will stop.โ€
Re: 2017 rod and reel sales numbers [Re: retdbasser] #12910614 09/24/18 06:37 PM
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Originally Posted By: retdbasser
Originally Posted By: John Stockman
I too think the numbers are a little low. I buy 6-8 reels a year at the $200 price point. I buy 2-3 rods in the $300 range. At the same time I guess there are tons of budget rods and reels purchased.


Buyers like me bring down the average as my new rod and reel purchases are less than average and probably always have been.


They work brother and most of us have been there. cheers

Re: 2017 rod and reel sales numbers [Re: Mark Perry] #12910688 09/24/18 07:38 PM
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Originally Posted By: Mark Perry
In 2017 nearly $2 billion worth of rods and reels were sold. Spinning rods were 48% and casting was 42% and remaining 10% were others.

Spinning reels were 47% and baitcasting reels were 43% while remaining 10% was others.

Average cost of rods sold was $102 while average cost of a reel sold was $112.

Rods, reels, line, tackle boxes, and terminal tackle combined for $5.3 billion in sales.


Only 40% of those that purchased a rod or reel were younger than 35 years old.


I'm wondering if this includes saltwater tackle. Only saying because for some of those reels it would take more $ to spool them with line then the average reel price shown.

Re: 2017 rod and reel sales numbers [Re: Mark Perry] #12910751 09/24/18 08:14 PM
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Don't know who took the poll but they didn't poll me. There's not a rod or reel in my boat that cost $100. Call me cheap but I still catch'em. thumb


I am a Senager. (Senior teenager) I have everything that I wanted as a teenager, only 50 years later. I get an allowance every month. I have PU truck and a bass boat, I am blessed.
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Re: 2017 rod and reel sales numbers [Re: tmd11111] #12910789 09/24/18 08:57 PM
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Mark Perry Offline OP
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Originally Posted By: tmd11111
Originally Posted By: Mark Perry
In 2017 nearly $2 billion worth of rods and reels were sold. Spinning rods were 48% and casting was 42% and remaining 10% were others.

Spinning reels were 47% and baitcasting reels were 43% while remaining 10% was others.

Average cost of rods sold was $102 while average cost of a reel sold was $112.

Rods, reels, line, tackle boxes, and terminal tackle combined for $5.3 billion in sales.


Only 40% of those that purchased a rod or reel were younger than 35 years old.


I'm wondering if this includes saltwater tackle. Only saying because for some of those reels it would take more $ to spool them with line then the average reel price shown.


Freshwater

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