State of the Economy (in fly fishing)
- This topic has 15 replies, 12 voices, and was last updated Oct 29, 2008 at 5:31 pm by
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I really don’t get why Teton reels haven’t dominated, but that’s not the point of your question…
Tough sledding all around.
Buzz you’re dead right, it really is a very small industry that is hugely over serviced and supplied. We’re right in the thick of it and love the game with a passion and the consequence is that we think its the universe. The reality is very different and my first visit to the Denver show this year reinforced that perspective.
Morsie
Here in Australia the economy is just starting to come off the boil and we may or may not go into recession depending who you listen to.
The politicians are all smiles and reassurance, but the bankers are pumping their pampers..In my house we’re cutting spending on a lot of things and paying off stuff on credit as a precaution and I’m cutting back on new tackle as part of that.
That said, I have my eye on a new ZXL 2 and a TCX 5, but might fund them in part at least by selling rods that I don’t use much.
Let’s face it, there’s no point in them gathering dust.The thing I wont cut back much on however is fishing time, in fact I’m hoping to do more seeing as no one will be booking shoots anyway.
www.dsaphoto.com
A picture is thousand words that takes less than a second while a thousand words is a picture that takes a month.
Congratulations on the baby! Get your TCX now – before you find
out how much a baby really costs!Andrew
The downturn in the economy won’t stop me fishing, it will
just dictate where I fish – closer to home. What has me
concerned is how will this effect the big players. Will they
stop promoting the sport? Will my mates who don’t fly fish YET
see even less fly fishing on TV, magazines and the web?
:'(
AndrewCongratulations on the baby! Get your TCX now – before you find
out how much a baby really costs!Andrew
It’s #3 for us.. 😉
I’m going to limit myself to a TCX 5 for the moment – it’s recession proof as far as I’m concerned.. 😀
www.dsaphoto.com
A picture is thousand words that takes less than a second while a thousand words is a picture that takes a month.
I really don’t get why Teton reels haven’t dominated, but that’s not the point of your question…
Teton going under is very sad. IMHO one of the best reels made and at a fair price too.
Greg
Fly fishing is a cottage industry, comparatively. Thus the “big” companies are relatively small, and the small ones are, literally in some cases, are small room operations. It’s thus not unusual to see companies come and go. With a tight economy, you’ll see more of that. Small companies with good ideas (but perhaps poor marketing or limited capital) will get gobbled up. Others will fall by the wayside. Once upon a time, there were over 60 reel makers at the trade show. Competition is great, ideas are great, but retailers can’t be expected to stock that many brands of reels (or rods, or . . .). Good or bad, I think we’ll see changes. Some might involve some well-known companies being sold, absorbed, or closing down (no inside knowledge here). Those that survive will be smart business people, with good products, and who develop good relationships with retailers and customers. In the end, it is business, and generally, the best businesses succeed best. Unless they get too greedy, and let me bite my fingers before I start typing about banks and Wall Street.
Buzz
Perfectly said, Buzz.
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