TOPIC: Selling Together

Can pool 20-30LBS in NC

This sure is a topic that hasn't had much activity this year.

Hillhopper

Agreed

I usually only look at a couple of the forums, like growing or general Q's... Have nevber looked at this section of forum before. I find this thread pretty interesting! Be glad to cooperate if I have some to sell... I'm just growing now.

i don't have a whole lot but are they anyone in tennessee and ky border that wonts to have a group sell i will try to find and get a hold of some of the buyers that is from china.! we all fell like we are not getting good prices in this state.but we can work together and just see what is going on?not to afend any buyers they are welcome to come to when we have enough to make a stand.but i herd that the big buyers was just now getting in the us.some of the little one are done here but the big ones will be here short lee.so everyone is asking about the price of sang in tn lets form a group and let the big guys know how we fell and may bee we can come to a under standing with each other.we just need to work together and get along with every one.i am not trying to afend any one!!!!!! just trying to help us all.

everybody needs to get together and demand more for ther hard work,since we do it all we should make the most profit,ill throw in my 4lb.

tnkysenger wrote:

everybody needs to get together and demand more for ther hard work,since we do it all we should make the most profit,ill throw in my 4lb.

That might work if you could somehow force someone to buy your product against their wishes.

Also, don't discount all the work (and money) put forth by the dealers.

Isnt that kinda what a dealer does, get a better price because they have more to sell at one time? So if enough diggers and growers would get together it seems like the buyers would buy a large amount and pay good for it. If the end price is 4 or 5 times what we get, then it makes a lot of sense to try to get all we can by selling together.

No, that isn't rezlly what dealers do.

We often advertise, we often travel, we spend a ton of time on the phone answering questions for people we never see, we keep the lights on and doors open while complying with sometimes extensive governmental regulations, we often put huge amounds of money at risk in the hopes of making a few bucks per pound ...and we don't always do that.

If you could make 4 or 5 times what you pay just by having volume...trust me, EVERYone would be a dealer and the price for seng in the country would be 4 1/2 times higher.

The key to better prices (within the structure of the market when you sell) is quality, not quantity.

Think of it this way. It does me no good what so ever to have 200 pounds of low quality root that I can't get my money out of, but I can almost always sell small quantities of high quality root and make about $20 per pound. If the going price is $500/pound, that's a 4% return in a short time, and if the market is moving up before I must sell to stay liquid, I might make a little more than that. However, if the market drops, I might lose money too. As the dealer, I'm taking the risk. As a digger, I\"m out nothing if the market drops...I just don't make as much.

I was getting that 4 or 5 times higher price from wildgrowns homepage. Maybe they are wrong.

I do understand the risks dealers take on ginseng. Investing 500 to make 20 is not much good. Wouldnt be for me.