Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
These TV guys are just insane
>
Reply to Thread
Message:
<p>[QUOTE="Catman, post: 30530, member: 1979"]<b>High Priced Coins</b></p><p><br /></p><p>These T.V. people have been doing this for a long time. How do they justify the prices? <b>Marketing Costs</b> . The T.V. space alone is a bunch let alone the banks of phone operators, flyers, and other places they sell.</p><p><br /></p><p> A coin dealer can pay from about $300.00 to $1500.00 for a 8 foot table at a show. They have 3 days of sale time to recoup their expenses. Add to this hotel space, meals, and travel expenses. What's different between these dealers and the T.V. boys. </p><p><br /></p><p> The show dealers know that the people coming in are collectors or are interested in the coin hobby. They are more likely to spend more money because of it.</p><p><br /></p><p> The T.V. boys don't have this adbantage. They are trying to market to every Tom, Dick and Harry. They know that a seasoned collector is not going to buy from them. Regardless....They still have to cover their expenses plus make a profit.</p><p><br /></p><p> I don't endose this type of sales promotion. However I really wonder if it helps or hurts our hobby. We always hear of how bad it is for us and how people are getting ripped off.......</p><p><br /></p><p> Let's see if anyone here can come up with ideas about how this T.V. coin marketing can <b>HELP</b> our hobby.</p><p><br /></p><p>catman[/QUOTE]</p><p><br /></p>
[QUOTE="Catman, post: 30530, member: 1979"][b]High Priced Coins[/b] These T.V. people have been doing this for a long time. How do they justify the prices? [B]Marketing Costs[/B] . The T.V. space alone is a bunch let alone the banks of phone operators, flyers, and other places they sell. A coin dealer can pay from about $300.00 to $1500.00 for a 8 foot table at a show. They have 3 days of sale time to recoup their expenses. Add to this hotel space, meals, and travel expenses. What's different between these dealers and the T.V. boys. The show dealers know that the people coming in are collectors or are interested in the coin hobby. They are more likely to spend more money because of it. The T.V. boys don't have this adbantage. They are trying to market to every Tom, Dick and Harry. They know that a seasoned collector is not going to buy from them. Regardless....They still have to cover their expenses plus make a profit. I don't endose this type of sales promotion. However I really wonder if it helps or hurts our hobby. We always hear of how bad it is for us and how people are getting ripped off....... Let's see if anyone here can come up with ideas about how this T.V. coin marketing can [B]HELP[/B] our hobby. catman[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
These TV guys are just insane
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...