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I don’t think he’s refering to the overstock pricing. I think he’s refering to the regular pricing.

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Prices are subject to change, as do grouping / categorizing etc.

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Why wonder about higher prices on the manufacturer’s store? McCh are even worse in these terms. I would procure directly from the mills for freshness, first thing.

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And what exactly is overstock?

ok i did say that post wouldn’t make me popular i just don’t want Mr Snuff to lose money. If thay can still purchase / sell and make a profit at those prices i’m all for it. As previously stated the lower prices @ mr snuff have got them sales from me personally over other outlets.

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I’ve seen it, yes. But what exactly does it mean? A nicer way to name old(-er) stock? Surplus… I’m genuinely curious, just it.

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I assume so. It’s probably a question for Jonny to answer

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For… Snuff in drums/bags has substantially longer shelf life than the tinned products, or those in tap boxes.

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Which is why i don’t buy McCh even though i like there snuffs they IMO aen’t worth the price they charge nowadays.

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That’s exactly what i was referring to. If a customer is buying a tub and a few tins, whoever is cheapest on the tub stands a good chance of getting the order.

Mr Snuff have stated they won’t be beaten on price, or words to that effect, which puts current bulk pricing in context.

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Stock control and turnover seems good enough with the big two these days, that freshness isn’t generally an issue.

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I’d imaging overstock is measured in terms of existing stock, against average sales of any given product.

Of course it could also mean old stock, but plenty has been cleared in the last year and I’m guessing (on this occasion) that it’s not too old. I’ll find out soon enough!

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There’s definitely a conversation to be had about 31 pound Sharrow drums on a higher risk gray exporter site with discounts codes running . I’ve mentioned this in the past . I don’t see how there’s enough profit in the turnover to pay your bills .

However I think the 6photo bulk is what stands out to me .
At the time of writing (disregarding stock levels for a minute)

Super Chetak £2.33 for 150g
MG Madras £3.14 for 100g
Special £3.30 for 200g
Motia £3.30 for 200g
Med. 666 £5.57 for 200g
Kaliash £3.30 for 200g
Indian Curry £5.57 for 200g
Gold Rush £5.57 for 200g
And so on …and so on through their bulk range . It seems to me you could be justifiably doubling or (in some cases) tripling these prices and it’s still a great deal for everyone . They have a strong intrinsic value , good shelflife(with the exception of MG Madras), and long home cellaring potential . I think it’s the nicest way to buy 6photo.

As it stands , where’s the incentive for you to keep ordering the large sizes ? They are big ,expensive to ship…and then reship . You could be making more profit just with 30g tins .

If it were me :wink: , I’d price MG Madras to sell , keep it moving and turning over. £6-7 ?

The ‘modern’ ranges , the Medicateds 6es and Gold Rush, Choco, Coffee Kick etc , I’d be looking for £10-12 .

Chetah , Super Chetak , LA Natural etc £7-9

The ‘traditional’ ranges , Motia , Anarkli etc …up to £12 ideally but whatever the market would bear . I don’t hear a lot of chatter about this sort of snuff anymore .

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When I first started buying snuff online , most of the draw of Indian snuff was it was strong …wild…and cheap . You could try everything and it was no big deal .

For a while Indian snuff priced itself out of contention . These new price drops have bought back the old romance to it . I love seeing 30 pence thimbles and £3.30 variety packs on the shelves. :slight_smile:

This is interesting. Its easy to get caught up in your own bubble-speak and forget that not everyone shares the same terms.

Overstock is not the same as old stock. It refers to the misallocation of business capital in stock. At is most trivial, business is buy low, sell high, and make a profit; but within that boundless nuance exists.

One of these nuances is how best to deploy the limited resource of capital. If I have £100 in stock that takes 3 months to sell then I have made each pound cycle through to yield its profit margin once every three months. Now I have £50 in stock that cycles once per month. It only takes two months to harvest the same profit as that £100 and it only costs me £50 of total capital allocation to do it. Much more efficient.

Overstock is stock that has been identified as less efficient in term of tied capital as some other stock, it has nothing to do with age except, and this is where the idea comes from, any stock that is old is almost certainly overstock, because any stock that is sitting long enough to become old is very clearly a misallocation of capital.

In a well run business should be no such thing as ‘old’ stock. That is anathema. Yes, it is good that the punters get fresh snuff, it was one of the first things I set about fixing, and that should be a given. Old stock is anathema because it represents pounds cycling slowly and therefore generating less profit than pounds that cycle quickly.

The Overstock sale contains products that are not selling fast enough, or that we have too much of. The point here is to sell it, even at what would naively be called a ‘loss’, because the capital freed up can then be deployed elsewhere and put to work cycling round and around making profit on each turn.

Blimey, I kind of went off on one there. Didn’t mean to, but this stuff is really interesting to me :slight_smile:

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It’s the kind of answer I like.

*everyone shuffles off to the overstock section

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I’m going to have to stay away from the site until those £7.75 drums of Jockey Club sell .I’m not to be trusted around that sort of bargain .

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