Making Good Decisions in Bad Economic Times

Posted by Quality Marine Staff on March 11, 2009

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Many, if not most retail stores, are experiencing the effects of the downturned economy. Aquarium keeping as a hobby and personal pursuit is largely a luxury pleasure which requires expenditures of time and money. In bad economic times, individuals may choose to forego starting a new hobby and those whom are presently aquarists may seek to reduce their expenditures where possible. To survive, retail stores will need to adapt to this change in consumer spending and find ways to cope with reduced sales of aquarium set-ups, livestock, equipment and supplies. It is an opportune time to examine your own purchasing and maintenance practices to maximize profits and reduce losses.

Purchasing and selling high quality livestock is always important for a business to thrive, and becomes more so during these times. Livestock that has been subjected to poor collecting, handling, husbandry and transport practices is always associated with increased short- and long-term mortality and compromised salability. The resultant profit losses can cripple a business and yet they are largely preventable.

Quality Marine is committed to continually offering livestock that is of the highest quality and value. We feel that this kind of product is especially important now. When choosing to purchase the best available livestock, the retailer has provided themselves with an advantageous way to reduce profit losses and to present a superior product to their customers.

This is also a time for retailers to reexamine their husbandry and maintenance practices. Even the best quality livestock is compromised when captive care is not optimal. Look for ways to improve things such as water quality, nutrition, life-support equipment and ongoing maintenance. Many significant benefits can be achieved with little or no cost. When livestock sales are reduced, fishes and invertebrates may remain in your aquariums for longer periods of time before being sold. Quality care is critical so that healthy organisms are available to sell no matter how long they have been in the store.

It may be the necessity of examining and improving purchasing and maintenance ideals which ends up showing the retailer that increasing profit by reducing losses has always been achievable. The eventual restoration of a stable economy and financially-enabled customers will find you and recognize that you are steadfastly committed to quality and value.

Quality Marine upholds these standards at all times and we encourage you to take advantage of our excellent variety of high-quality and high-value products and services. Your salesperson can assist you in making the best out of bad times by helping you with the decisions necessary to reduce profit loss while increasing your excellence as a marine aquarium retailer.