You are totally right about the yellow tang theory, but I am not a big fan. I dont catch 500 yellows, nor would I want to. Its the demand for yellows that keeps divers after them. I have constant moral arguments regarding taking fish from the wild, but I continue becasue I dont rape the reefs. There is a huge difference between pulling 500yellows from a single reef and pulling 5. They serve as the reef cleaner, just as they do in your tanks. Now out of those 500 yellows collected, how many die? Out of my 5 collected, if I sell direct to a consumer how many you think would live? Again I couldnt say that I have never had DOAs, becasue it is an unfortunate fact of the business. Wholesalers are not mosnters and I dont mean to offend any. Just like collectors there are good ones and bad ones, and I have business relations with several good ones. I have boycotted local crappy wholesalers because they dont care about your fish! I stay loyal doing business with several specific wholesalers because they take great care of the specimen, although dont always pay the best.
Please see that my modivation is not to make more money, but to learn and serve the industry more responsibly. True- Group buys are a pain in the neck, they are difficult to organize, and from a business standpoint they are inconsistant. In the long run group buys are not a good money maker, but I would say what I have learned about this market from doing group buys will make me a more responsible collector. IS that not what the industry wants, because thats what people are demanding of me.
As far as niche markets for rare fish, they are indeed the exception not the rule. Group buys for fish that cost over $500 each are highly unlikley. When it comes to deep diving and getting the semi rares though, thats when you create the atomsphere for group buys. Crosshatch triggers/bandit angels are notoriously expensive (retail), but you get a fish like that direct from a diver that cares you save a ton of money and get a fish that is eating in a non crowded holding system.
I am not advertising but this is really what I believe motivates these group buys. More input from your guys perspective would be most appreciated as we can all learn to better our business, hobby, and industry as a whole. The goal is not sustaining the chain of custody, but sustaining responsible collection and keeping of these specimens. Its not my desire to cut anybody out but if this industry continues to DEMAND sustainablity you wll see SUPPLY follow to serve the needs. My economics professor (stuck in Lebanon) would appreciate my use of SUPPLY and DEMAND here.
ps. I am new to this site and I have not looked around yet. If anybody has some cool threads let me know.