Explain the cost to me

joedog · 03-01-12, 07:57 PM

Where can a company justify a $15 spinning bait. Is there gold somewhere in it? I suppose if you can sell a plastic jerk shade for like two bucks a crack, why not?

http://www.cabelas.com/catalog/produ...BC%3BIK-114635

basshunter21 · 03-01-12, 08:09 PM

Ya for a spinnerbait those things are ridculously pricey.

Ive noticed spinnerbaits are expensive in general for what they are IMO.

islandbass · 03-01-12, 08:22 PM

Hey, you can bet there are going to be suckers who will buy it. The market is the place where it succeeds or flops. I have no issue if people are willing to buy it at that price, but I won't be in the set of folks who do.

Why? Because I suck with spinnerbaits! lol Ain't even caught a cold with them. You can also turn many jigs into spinnerbaits if you make a wire body.

Marty · 03-01-12, 09:28 PM

They can justify it if people buy it. Fishermen are always desperate for more success and many of us think we can buy our way there.

Same reason infomercials succeed. Many people can't resist the allure of getting rich quick, losing weight fast, looking 20 years younger, catching loads of fish and so on and so forth.

keithdog · 03-01-12, 09:45 PM

I believe that particular lure is way over priced. Most spinnerbaits will run between 5-8$. Thats a fair price for a spinnerbait with quality materials. Some spinnerbaits are going to run a little more because they are using real gold and silver plated blades, some have titanium wire, And I believe at least one manufacturer is making spinnerbaits with tungstin heads instead of lead. But 15$, He** no. Lucky Craft spinnerbaits are unbelievably expensive too. Very well built they are indeed. But I wouldn't pay what they are asking either.

TN_Bassin · 03-02-12, 12:54 AM

What I wouldn't give for terminator to start making the titainium wire tungsten head spinnerbait again.

The LC skeet reese spinnerbait is a good bait... I like the tungsten head it has

Crankbait · 03-02-12, 02:32 PM

sometimes it'sjust all in the name....

Brian E Brightwell · 03-02-12, 02:52 PM

Marty. I agree. Like those Oil of Olay adds. Do women really think it removes wrinkles, how gullible.

bassinbob · 03-02-12, 04:57 PM

A spinnerbait is one bait where I think a less costly one (Strike King, War Eagle, Booya) works just fine. Even though I've never purchased one of the more costly ones. The only way I'd buy one of those Sebiles is if they caught a fish almost every cast.

MallenManson · 03-02-12, 09:23 PM

Quote:

Originally Posted by bassinbob

A spinnerbait is one bait where I think a less costly one (Strike King, War Eagle, Booya) works just fine. Even though I've never purchased one of the more costly ones. The only way I'd buy one of those Sebiles is if they caught a fish almost every cast.

I can tell you this. I have right around 2 bucks into the spinnerbaits I make.
The first ones I was making, I had $1.85 into them from start to finish.

They've always caught a ton of fish.
Hell, my 3rd biggest bass (PB at the time), was caught on $1.85 in parts, and put together while watching TV.

While I understand that the actual lure companies have extra $$$$ involved, between overhead, and paying the people (or machines) actually putting them together, advertising, and all that jazz, to charge this amount of money for a bait that produces no matter how much it sells for, or costs to make, is ridiculous.

I seriously doubt this bait will catch any more fish than the ones that I, Keith, or Walmart could sell you

everettvet · 03-03-12, 07:59 AM

$15 for a spinnerbaits seems high. I have not done this but I wonder what the materials would cost from a catalog like barlows tackle or jannsnetcraft for the most expensive wire, beads, hook,skrit and anything else I am leaving off. I bet it is more than we would think and I know you are thinking that it would not equal $15 and you are correct. The company has a lot of other expenses to pay for and those baits have to cover those cost also. Just some thoughts of mine as a business owner.

bluebasser86 · 03-03-12, 09:08 PM

Sebile puts a ton of effort into the development of his baits and has really unique designs in a business that seems to have very few original ideas anymore. I wouldn't spend $15 on a spinnerbait but I'm guessing that's why they charge that much.

Tavery5 · 03-03-12, 09:42 PM

First off let me say that I too believe that $15 is too much money for a spinnerbait.

But I started thinking about it like this, if I wanted to fish a weighted worm what would it take in a dollar and cents type approach if I did not own any of the necessary terminal tackle to do it correctly.

Hooks , I would use an EWG style hook probably a 4/0 gammy at about $4 a pack
Weight, I would use a 3/16th oz tungsten weight at about $6 a pack
Pegs, I like to use the bass pro pegs and they are about $2
Worms, there are many on the market so lets just go with a good easy number like $5 a bag.
So in my example you would have about $17 dollars invested to fish these worms with the terminal tackle I like to use.

Yes you would have hooks, weights, pegs and even extra baits to fish for quite a while and even use for other techniques, but how long does a good quality spinnerbait last?

Not saying this is right or wrong just throwing another way of looking at it out there.

joedog · 03-04-12, 12:21 AM

Thanks for the great input!
I too understand business expenses and the what it takes to recoup much less make a profit . Very strong pro. I definitly not only respect but thank those willing to take the great risk of self employment. I also respect those who halve to work for the dream to materialize. So thanks to all.
Research........it's a spinning bait!?! If you can show me the man hours, I'm a believer!
Got a hunch that research was done but remember the size of this company. 'Discoveries' are shared amongst each other and used for different or multiple projects. I'm having difficult seeing the 'Brass' sit down at Monday mornings brain storming session and someone say, "Here's an idea, lets spend a large amount of money on researching to see if we can't make a better average selling $4 bait."
I guess maybe if the company accountant pitched in the cost profit margin on a $15 spinning bait? And the marketing dept. pitched in that they could market anything with a SEBILE name on it! Again I'm a believer!

Materials are expensive and the knowledge and ability to constructively use them doesn't come free! (For ME it doesn't come at all

) But once put into mass assembly the costs dramatically decrease!

I do want to stress that there isn't ONE post here that I disagree with. I'm just sharing my crazy thoughts that came do to your great input.
Thanks again and please keep ideas coming!

03-01-12, 07:57 PM	#1
joedog BassFishin.Com Super Veteran Join Date: Jun 2011 Location: JANESVILLE,WI. 53545 Posts: 3,415	Explain the cost to me Where can a company justify a $15 spinning bait. Is there gold somewhere in it? I suppose if you can sell a plastic jerk shade for like two bucks a crack, why not? http://www.cabelas.com/catalog/produ...BC%3BIK-114635 __________________ "Fishing isn't life or death... it's more important than that."

03-01-12, 08:22 PM	#3
islandbass BassFishin.Com Super Veteran Join Date: Apr 2005 Location: WA State Posts: 1,783	Hey, you can bet there are going to be suckers who will buy it. The market is the place where it succeeds or flops. I have no issue if people are willing to buy it at that price, but I won't be in the set of folks who do. Why? Because I suck with spinnerbaits! lol Ain't even caught a cold with them. You can also turn many jigs into spinnerbaits if you make a wire body. __________________ ARX "If people concentrated on the really important things in life, there'd be a shortage of fishing poles." Doug Larson (Shimano 2005 Reel Catalog)

03-01-12, 09:28 PM	#4
Marty BassFishin.Com Super Veteran Join Date: Feb 2004 Location: Rochester, NY Posts: 1,580	They can justify it if people buy it. Fishermen are always desperate for more success and many of us think we can buy our way there. Same reason infomercials succeed. Many people can't resist the allure of getting rich quick, losing weight fast, looking 20 years younger, catching loads of fish and so on and so forth. __________________ Meeting expenses is easy...they're EVERYWHERE The difference between genius and stupidity is that genius has its limits Rochester, NY

03-01-12, 09:45 PM	#5
keithdog BassFishin.Com Premier Elite Join Date: Jul 2006 Location: IN Posts: 8,308	I believe that particular lure is way over priced. Most spinnerbaits will run between 5-8$. Thats a fair price for a spinnerbait with quality materials. Some spinnerbaits are going to run a little more because they are using real gold and silver plated blades, some have titanium wire, And I believe at least one manufacturer is making spinnerbaits with tungstin heads instead of lead. But 15$, He** no. Lucky Craft spinnerbaits are unbelievably expensive too. Very well built they are indeed. But I wouldn't pay what they are asking either. __________________ Just one more cast, and then some!

03-02-12, 12:54 AM	#6
TN_Bassin BassFishin.Com Super Veteran Join Date: Nov 2009 Location: Bon Aqua,TN Posts: 1,013	What I wouldn't give for terminator to start making the titainium wire tungsten head spinnerbait again. The LC skeet reese spinnerbait is a good bait... I like the tungsten head it has __________________ Other anglers are tough, but the fish are the real competition.

03-01-12, 08:09 PM	#2
basshunter21 BassFishin.Com Active Member Join Date: Jul 2010 Location: Erie, Pa Posts: 266	Ya for a spinnerbait those things are ridculously pricey. Ive noticed spinnerbaits are expensive in general for what they are IMO.

03-02-12, 02:32 PM	#7
Crankbait BassFishin.Com Active Member Join Date: Aug 2011 Location: Durham, NC Posts: 406	sometimes it'sjust all in the name....

03-02-12, 02:52 PM	#8
Brian E Brightwell BassFishin.Com Member Join Date: Jul 2011 Location: Milltown Indiana Posts: 37	Marty. I agree. Like those Oil of Olay adds. Do women really think it removes wrinkles, how gullible.

03-02-12, 04:57 PM	#9
bassinbob BassFishin.Com Super Veteran Join Date: Nov 2004 Location: Pitts. Pa. Posts: 3,801	A spinnerbait is one bait where I think a less costly one (Strike King, War Eagle, Booya) works just fine. Even though I've never purchased one of the more costly ones. The only way I'd buy one of those Sebiles is if they caught a fish almost every cast. __________________ you can have my fishin rod when ya take it from my cold dead hands

03-03-12, 07:59 AM	#11
everettvet BassFishin.Com Veteran Member Join Date: Jan 2006 Location: Paducah, KY Posts: 730	$15 for a spinnerbaits seems high. I have not done this but I wonder what the materials would cost from a catalog like barlows tackle or jannsnetcraft for the most expensive wire, beads, hook,skrit and anything else I am leaving off. I bet it is more than we would think and I know you are thinking that it would not equal $15 and you are correct. The company has a lot of other expenses to pay for and those baits have to cover those cost also. Just some thoughts of mine as a business owner.

03-03-12, 09:08 PM	#12
bluebasser86 BassFishin.Com Veteran Member Join Date: Dec 2010 Location: Gardner, KS Posts: 605	Sebile puts a ton of effort into the development of his baits and has really unique designs in a business that seems to have very few original ideas anymore. I wouldn't spend $15 on a spinnerbait but I'm guessing that's why they charge that much.

03-03-12, 09:42 PM	#13
Tavery5 BassFishin.Com Super Veteran Join Date: Dec 2009 Location: Wichita, KS Posts: 2,427	First off let me say that I too believe that $15 is too much money for a spinnerbait. But I started thinking about it like this, if I wanted to fish a weighted worm what would it take in a dollar and cents type approach if I did not own any of the necessary terminal tackle to do it correctly. Hooks , I would use an EWG style hook probably a 4/0 gammy at about $4 a pack Weight, I would use a 3/16th oz tungsten weight at about $6 a pack Pegs, I like to use the bass pro pegs and they are about $2 Worms, there are many on the market so lets just go with a good easy number like $5 a bag. So in my example you would have about $17 dollars invested to fish these worms with the terminal tackle I like to use. Yes you would have hooks, weights, pegs and even extra baits to fish for quite a while and even use for other techniques, but how long does a good quality spinnerbait last? Not saying this is right or wrong just throwing another way of looking at it out there. __________________ They call me Ishmael

03-04-12, 12:21 AM	#14
joedog BassFishin.Com Super Veteran Join Date: Jun 2011 Location: JANESVILLE,WI. 53545 Posts: 3,415	Thanks for the great input! I too understand business expenses and the what it takes to recoup much less make a profit . Very strong pro. I definitly not only respect but thank those willing to take the great risk of self employment. I also respect those who halve to work for the dream to materialize. So thanks to all. Research........it's a spinning bait!?! If you can show me the man hours, I'm a believer! Got a hunch that research was done but remember the size of this company. 'Discoveries' are shared amongst each other and used for different or multiple projects. I'm having difficult seeing the 'Brass' sit down at Monday mornings brain storming session and someone say, "Here's an idea, lets spend a large amount of money on researching to see if we can't make a better average selling $4 bait." I guess maybe if the company accountant pitched in the cost profit margin on a $15 spinning bait? And the marketing dept. pitched in that they could market anything with a SEBILE name on it! Again I'm a believer! Materials are expensive and the knowledge and ability to constructively use them doesn't come free! (For ME it doesn't come at all) But once put into mass assembly the costs dramatically decrease! I do want to stress that there isn't ONE post here that I disagree with. I'm just sharing my crazy thoughts that came do to your great input. Thanks again and please keep ideas coming! __________________ "Fishing isn't life or death... it's more important than that."

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