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Unread 04/14/2008, 06:27 PM   #1
alhalabi
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Fish Industry

Hello everyone,
I am an MBA student and I am writing an assignment about this industry. I was wondering if you can help me with a few questions

1- Do you know what is the size of this industry in terms of annual dollars spent?

2- Do you know how much it costs to open up a store and what it takes?

Thanks


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Unread 04/14/2008, 06:33 PM   #2
demonsp
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I would say in the 10 's of millions.
For a LFS you need a little money and no experiance.


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Unread 04/14/2008, 07:48 PM   #3
alhalabi
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Thanks demonsp.
Do you have any official links you can point me to?


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Unread 04/14/2008, 07:51 PM   #4
Aquarist007
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You might want to repost in the advanced forum---you might get more info then the 10's of millions LOL


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Unread 04/14/2008, 07:54 PM   #5
Aquarist007
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Quote:
Originally posted by demonsp
I would say in the 10 's of millions.
For a LFS you need a little money and no experiance.


you must be the town drunk

LFS--lots of money and no experience---I think that is how they view newbies when they walk into their stores and rub there hands in joy.


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Unread 04/14/2008, 07:54 PM   #6
Aquarist007
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Quote:
Originally posted by demonsp
I would say in the 10 's of millions.
For a LFS you need a little money and no experiance.


you must be the town drunk

LFS--lots of money and no experience---I think that is how they view newbies when they walk into their stores and rub there hands in joy.


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I prefer my substrates stirred but not shaken

Current Tank Info: 150gal long mixed reef, 90gal sump, 60 gal refugium with 200 lbs live rock
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Unread 04/14/2008, 07:54 PM   #7
Aquarist007
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Quote:
Originally posted by demonsp
I would say in the 10 's of millions.
For a LFS you need a little money and no experiance.


you must be the town drunk

LFS--lots of money and no experience---I think that is how they view newbies when they walk into their stores and rub there hands in joy.


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I prefer my substrates stirred but not shaken

Current Tank Info: 150gal long mixed reef, 90gal sump, 60 gal refugium with 200 lbs live rock
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Unread 04/14/2008, 07:54 PM   #8
Aquarist007
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Quote:
Originally posted by demonsp
I would say in the 10 's of millions.
For a LFS you need a little money and no experiance.


you must be the town drunk

LFS--lots of money and no experience---I think that is how they view newbies when they walk into their stores and rub there hands in joy.


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I prefer my substrates stirred but not shaken

Current Tank Info: 150gal long mixed reef, 90gal sump, 60 gal refugium with 200 lbs live rock
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Unread 04/14/2008, 08:08 PM   #9
Hop
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I can see how you got 9821 posts in under a year


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Unread 04/14/2008, 08:46 PM   #10
demonsp
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I thought the second resonse would void out my first response.
I really dont know but cant see it being that much higher.


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Unread 04/14/2008, 08:48 PM   #11
Patrick12
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Quote:
Originally posted by demonsp
I would say in the 10 's of millions.
For a LFS you need a little money and no experiance.

And that is just what demon spends.....

In all seriousness though, there is a book called "Marine Ornamental Industry: Collection, Culture and Conservation". It may give you the reference-able material you need. Unless someone's online forum post will satisfy your professor.

I think you will fins that worldwide, this industry is about a billion dollars annually.

Good luck.


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Unread 04/14/2008, 08:49 PM   #12
Aquarist007
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Quote:
Originally posted by Hop
I can see how you got 9821 posts in under a year
that's wild --I only posted once--this problem is getting worse and worse on here---and it is during the day also

but go ahead and make fun of me--afterall I did it this morning to a guy

actually I was Patrick go ahead Patrick I deserve it too


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I prefer my substrates stirred but not shaken

Current Tank Info: 150gal long mixed reef, 90gal sump, 60 gal refugium with 200 lbs live rock
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Unread 04/14/2008, 08:56 PM   #13
demonsp
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I have over 6000.


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Unread 04/14/2008, 08:59 PM   #14
Aquarist007
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Re: Fish Industry

Quote:
Originally posted by alhalabi
Hello everyone,
I am an MBA student and I am writing an assignment about this industry. I was wondering if you can help me with a few questions

1- Do you know what is the size of this industry in terms of annual dollars spent?

2- Do you know how much it costs to open up a store and what it takes?

Thanks
Have you done any research before on the fish industry--here is a good search result just by googling the fish industry:

http://search.live.com/results.aspx?...CA&FORM=MIMWA1


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I prefer my substrates stirred but not shaken

Current Tank Info: 150gal long mixed reef, 90gal sump, 60 gal refugium with 200 lbs live rock
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Unread 04/14/2008, 09:07 PM   #15
glassbox-design
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check out wet web media...they cover these topics fairly well.


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