What is the best selling fishing net?

Are fishing supplies selling good?

• I want to open up a business that sells fishing supplies like hooks, baits, lures, and so on. I want to make my own brand name and I was wondering what I would have to do to do this ...show more

• Answer:

  very detailed answer by ole. question is rather vague however, it could be interpreted as a wholesale manufacturer of bait and tackle products. most brand name tackle is specific to a limited number of products, for example a hook manufacture usually doesn't carry tackle boxes, and so on. However, an example of the brand name of coleman for camping comes to mind. they no longer manufacture anything rather, they mearly affix their brand label to products they feel worthy and collect royalties. this is a little closer to the middle part of your question. If you were looking to make a "brand name' product, you would typically be dealing with the manufacturing of the product, which ole fisherman touched upon, and the distribution of that product. this is usually accomplished by either convincing a wholesale distribute to make your product available to the retailer, or going "door to door" at various retail tackle shops, either through a salesperson you hire or doing it yourself. I cant think of any tackle shop that manufactures its entire contents all the way to the retail level, it would be counter-productive for many reasons, the most of which would have to do with a conflict of interest in carrying the same product, one of which you own.people like choices. it doesn't seem as though you're asking to open a retail tackle shop, based on your question, however, as another poster put it, this is a pretty cut throat business, and those who are established have many ways of keeping the majority of business to themselves. Ive seen really knowledgeable fishermen talk a lifelong hobby and ruin it by trying to make a buck off of it. not to discourage u in any way but this business requires a ton of capital, and working hours, no matter what aspect you want to try i.e. retail wholesale etc. So, if your sincere about opening a business, i highly suggest you take a few classes in business at your local college. ask a lot of questions, do your research, how much are permits, business licenses, rent etc. how saturated is the area you intend to do business in?is this a seasonal business etc. Remember, many people have made a small fortune in this business, unfortunately, they started with large fortunes