How to make money in the aquarium hobby

If you do not enjoy keeping the fish, the whole fish keeping thing will get boring soon! Getting to know the circle of people around you especially those in your niche does help. Why not write it yourself? Yes, these things cost more to start with but are actually cheaper in the long run. Breeding for profit has become an entire movement on its own. Are cichlids able […].

Breeding the Shrimp

Money making schemes can be extremely successful if properly executed, this does not have to be a large scale opperation, even those with small tanks will be able to turn over large sums of money. Wouldnt it be great to enjoy the hobby and bring in a small bonus? You may be asking HOW?? Well CRS shrimp are rare and exotic creatures, they command medium to extremely high prices depending on their grade. Breeding the shrimp is not how to make money in the aquarium hobby long nor difficult process, they will readily spawn around once a aqharium, if you have multiple females this can mean a lot of young baby shrimp!. This will supply you with the basic knowledge and understanding to send you on your way. To make money with the crs, it is necessary to successfully breed .

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We bought out a partner in We have 1, gallons of freshwater fish on display. That’s 12 37’s, 24 29’s and 12 20 longs. Our saltwater display is 2 45’s, 4 38’s for a total of only gallons. Last week, instead of taking money for pay, I took our 72 gallon bow front on pine stand with hood.

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We bought out a partner in We have 1, gallons of freshwater fish on display. That’s 12 37’s, 24 29’s and 12 20 longs.

Our saltwater display is 2 45’s, 4 38’s for a total of only gallons. Last week, instead of taking money for pay, I took our 72 gallon bow front on pine stand with hood. I told my partner we can’t sit on items like this anymore.

We sell perhaps 15 tanks a week, mostly gallons. How do we take it to the «next level»? I owned an aquarium and pet store along with an aquarium maintenance and design business from to For us the money maker was the maintenance and design business and everything else was designed to support this endeavor.

This is not to say that the store did not make money only to say we did not worry too much about what others were doing and concentrated aquaroum what we did best. We had several major accounts and many potential new accounts came to our store just to see displays or to look at fish that they might like, so we sold fish accordingly.

We did sell many unusual fish, but also bred and butter hoby ones as. We also tried to bring new customers into the hobby and we often helped new hobbyists that bought their tanks. People came to know that we sold what we used in our service business and worked best and not what was simply the popular industry fad at the time. We sold fish foods and products that worked that could be aqiarium nowhere else as well such as unique UV Sterilizers, aquarium mineral blocks, and.

As mske earlier many of the products we sold were unique so we did not have to compete as much on price and in the case of products that we sold that were also to be found at the Petcos and similar we purchased as smart as possible. Of coarse we also sold many items as earlier stated that were sold through distributors that sold only high end products through specialty stores and not the PetCos.

I also developed direct contacts through the years with many in the industry that allowed me to buy more direct. My relationship with many Chinese business contacts buy respecting them and treating them as friends I have been invited to weddings and family gatherings as well and not just persons to use for a means to an end also furthered me here and today is how I am able to purchase many items directly.

I give you credit for hanging in this long and as someone else indicated, you are competing with chain stores. Your mark ups actually seem fairly low and that may be part of the reason your bottom line profit margins aren’t where you’d like them to be. Being a business major at Colorado Tech, I’ll give you some thoughts what I think would work, as I also keep fish. Offer specials for multiple fish sales. You haven’t mentioned where aquxrium get your stock from and the prices you pay.

Clearly the fish themselves are not your big ticket items but if you can increase your traffic in and out, you’ll still see some green out of. Take some time and do market research. This is worth it’s time. As you have been doing this for a few years now, I’m pretty sure you have an idea what is selling and what isn’t but you may yet still have a nitch out there you are not offering.

Example like. Hobyb happen to have a spot in my heart for Arowana. That is a rather bigger ticket item in a store. Petland Discounts sells these tank raised fish for about I probably am the only one in this area that has any interest in. But I also breed African Cichlids. The Africans that sell at Petland never have any names on them, so I go to eBay. They will not get my money until they learn more about what they are selling.

I pay the extra money for shipping, but I know exactly what I am getting. Knowing your market and what people want is huge. If you have larger ticket item fish, how do you present them to a potential buyer? Are you replicating the ideal set up they should be kept in? I ask this as you aren’t mentioning any larger sized tank. There are people that have an affinity for larger fish, and having those, while explaining the need for the proper sized larger tank hogby lead you to the sale of that larger tank and larger ROI.

Internet commerce for several years now has been a tool that has changed the face of world economy. Take some time and invest in an e-store. Take a look at this store here in NJ. This shows yhe a bit about the store, what the store looks like and mojey they sell.

While this store doesn’t meet internet orders, this is a market you can make money off. I can’t stress enough about buying over the net, that you have proper security. If you don’t already sell start selling Flowerhorn and Red Texas Cichlids. Not all the Fish stores sell them daily and once they get them in they don’t.

If not that you could invest in doing a commercial or have some specials buy three freshwater fish get the third free and advertise. If that doesn’t work you should do babysitting. It’ll be very convenient because there are barely any fish stores around that do. Best wishes! A store in my area fits that bill, and I drive past many other stores and go way out of my way to shop.

And I drop a lot of money there every month. That tank that you have is a good size for breeding discus or angelfish. These are good fish to breed and sell mpney I am sure that you know which fish are good sellers in your area. Ask your customers what they’d like to see.

Maybe a lot of them would like to see a certain brand of fish food that you aren’t carrying. Also consider carrying more fish tank ornamentation? I’d think that that would be lucrative because people like to change what their tanks look like every so often and those tank decoration statuettes can be pretty pricy. Trending News. Massive brawl breaks out at college hoops game. Pamela Anderson weds ex in secret wedding: Report. Harry and Meghan threaten new media lawsuit.

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Red states moneg for what they refuse to acknowledge. Tammy Knows Better. Answer Save. Carl Strohmeyer Lv 5. Favorite Answer. You have gotten many good tips, but I will throw in my 2 cents. As to profit margins, as bikeguy said those are low margins except for aquariums. Source s : 29 years aquarium maintenance and research experience.

Aauarium am Legend Lv 7. How do you think about the answers? You can sign in to vote the answer. It’s very difficult to compete with the big box stores and the Internet these days. For me, I shop almost exclusively at the stores that have the fish I want: — odd colored angels — blue rams — kribs — unusual and not seen before stuff A store in my area fits that bill, and I drive past many other stores and go way out of my way to shop.

Janet Lv 4. Show more answers 3. Still have questions? Get your answers by asking .

Grading and Sorting Young

Maybe think about getting a pro photographer to take shots of your finest ever designs, and gradually build up a compendium of every amazing tank. What kind of algae is this? He ships across the USA and has been doing it since high school. Imagine how many aquaroum plants you can start with all these cuttings. I myself have often sold a lot of java moss to my local fish store. If you are delivering quality work over time the word will spread and more people will ask you to help them with their aquarium over time. We spend the money on new corals and new toys and swag. You can make money selling your layouts to people that lack the monej flair and time to do it themselves. Breed fish What a no-brainer. Something that you can start doing is cultivating your own vinegar eels or micro worms. Give a package that includes a daily feed, water tests, top ups for evaporation, and, if tthe owner is away long enough, a waterchange and filter clean. Aquariums comments. Welcome to Reddit, the front page of the internet. I have written an article ho this, you can check it out here if you want.