ClosetGrower Posted January 12, 2016 Share Posted January 12, 2016 Hi all, was wondering if anyone on the forum has any info on how i would go about starting my own seedbank as the prices of some seeds are extortionate after seeing the cost of these at wholesale i no i can save buyers quite a bit, I have already sourced my seeds from a reputable wholesaler, just a bit stuck now as were to go from here Thanks Link to comment Share on other sites More sharing options...
ClosetGrower Posted January 12, 2016 Author Share Posted January 12, 2016 No one have any info Link to comment Share on other sites More sharing options...
Tokage Posted February 11, 2016 Share Posted February 11, 2016 Sorry for this late answer.To start your own seedbank is actually really easy. The problem is not starting one, it´s selling seeds.All you need to do is make a www address for your operation. Then you need to decide what kind of strains you would like to sell. After that call or email those companies and buy the seeds at bulk. The hard part is to shine a little brighter than all the rest of them seedbanks.The usual Pr need to be applied and that cost money. Make webb banners, contact sites, magazines so on, so on. It will cost money.if people like your prices the Pr will come for free once you established your business. Link to comment Share on other sites More sharing options...
ClosetGrower Posted February 11, 2016 Author Share Posted February 11, 2016 Hi Tokage, thanks for the reply, I am already in the process of starting this business I will be selling other breeders seeds ie barneys,ghsc,dinafem ect.I have already sourced a reputable wholesaler who can provide these seeds for me at a decent price, the only bad thing I Tha they have a minimum order quantity which is £100 plus 20% vat + shipping now I don't want to pay this then be stuck with the seeds but the prices are great, say a pack of 5 seeds to buy from a headshop cost £35 I am able to let them go at at least 23.99 the price and quality I there its just I have a family to provide for so don't want to lose any money.As for the www address I can get Tha cheaply its just advertising aswell as buying £130 worth of product that no one wants. Link to comment Share on other sites More sharing options...
Sativa Dragon Posted February 12, 2016 Share Posted February 12, 2016 I saw some peopel selling seeds on Ebay. Why not make a few thousand seeds of a really well known genetic and sell those? Just a thought Link to comment Share on other sites More sharing options...
ClosetGrower Posted February 12, 2016 Author Share Posted February 12, 2016 I have spoke to ebay uk and they do not allow the sale of these type of seeds, I would go down the route of selling 1000s of seeds of a tea goid genetic but I do not have the money or grow space to do so this is the reason I'm going to be selling other well know breeders seeds kike what the other seed banks sell but without the inflated prices. Link to comment Share on other sites More sharing options...
ClosetGrower Posted February 12, 2016 Author Share Posted February 12, 2016 Real good genetics I meant to say Link to comment Share on other sites More sharing options...
ClosetGrower Posted February 12, 2016 Author Share Posted February 12, 2016 I'm in the process of setting up a facebook page so hopefully Tha will get the word out aswell, also anyone have any good ideas of a name Thanks Link to comment Share on other sites More sharing options...
Tokage Posted February 12, 2016 Share Posted February 12, 2016 And i´m sure you been checking laws in your country for starting a new biz, taxes and what not?Actually, all you need is a rep. that is all. Plus nice prices ofc. If you can deliver seeds fast after orders, have a decent price plus some pr on facebook, seeds sites, magazines, and by mouth to mouth. I know that it will happen for you.it´s the first step that is hard. Usually as you say they want to sell in bulk and that can be expensive. But if it was cheap they all would do it, right? Link to comment Share on other sites More sharing options...
ClosetGrower Posted February 12, 2016 Author Share Posted February 12, 2016 I don't have to buy in bulk amounts a order of 10 packets of seeds 1 pack from each breeder is ok I can get seeds from various breeders at very low prices cheaper Tha any other site Link to comment Share on other sites More sharing options...
ClosetGrower Posted February 12, 2016 Author Share Posted February 12, 2016 I will only be selling these seeds for souvenir purposes only Link to comment Share on other sites More sharing options...
ClosetGrower Posted February 12, 2016 Author Share Posted February 12, 2016 Start posting in the UK 1st then ship to worldwide destinations Link to comment Share on other sites More sharing options...
Tokage Posted February 12, 2016 Share Posted February 12, 2016 Seeds are legal in many countries now. And of course it is for souvenirs only, what else could we do with a seed? I just collect them to look at, everybody knows that hehe 1 Link to comment Share on other sites More sharing options...
ClosetGrower Posted February 12, 2016 Author Share Posted February 12, 2016 LoL Link to comment Share on other sites More sharing options...
PHDin420 Posted February 17, 2016 Share Posted February 17, 2016 What makes you think you can do what hundreds of others can't when you are going to be buying them from the same people they are? Are you saying all of them are ripping everyone off and you won't. Lots of supply means lower prices so if this was possible, someone, probably a lot more people would be doing it. I'm not saying you can't do it but unless you have a special connection to get the seeds from the breeders that all the other guys don't, I'd like to hear why and what it is you are going to do to beat them all. Maybe I misread your post but the amount of seeds you plan to order at one time in no where near some places, like 100,000% less. Like Tokage said, starting a seed company is easy, succeeding isn't and unlike a regular business there are MANY more hurdles to jump when it comes to a seed bank and the varying laws all over the world. Link to comment Share on other sites More sharing options...
ClosetGrower Posted February 17, 2016 Author Share Posted February 17, 2016 Anyone can do it no one said anyone is different, and I do think companies rip people of considering 2-3 different stores have the same product with a different price tag, I'm not no big business man or company who's heart is in it for the money im here to try and make things that little bit easier I'm a family man who does not have endless amounts of money, I'm used to not being rich so me trying to start a company just for the money Is not my idea, what's wrong with saving someone some money, saving money never hurt no body. And my idea is straight forward really which is to not over inflate the price, theres no harm in a few quid profit but when ure getting something for £15 and then selling it for £35-40 then that's y its a problem for me I'm not saying it shouldn't be allowed to happen but at least give the people a chance to purchase something they like without it having to burn a hole in there pocket, bit ridiculous in my opinion Link to comment Share on other sites More sharing options...
ClosetGrower Posted February 17, 2016 Author Share Posted February 17, 2016 And everyone starts small Rome wasn't built in a day Link to comment Share on other sites More sharing options...
ClosetGrower Posted February 17, 2016 Author Share Posted February 17, 2016 Who wants to pay £40 for a pack of seeds when they can have them for £20-22 I no I don't want to pay £40.Theres breeders out there getting rich for someone eleses genetics is this not wrong Link to comment Share on other sites More sharing options...
PHDin420 Posted February 18, 2016 Share Posted February 18, 2016 There are A LOT of overhead costs that you aren't considering. How much do you think it costs to operate something like many of the websites that sell seeds. You need to pay to develop and host the website. You are going to need a warehouse, internet service, phone service, electric bills, heat bills, employee payroll, advertising, marketing worker's comp insurance, property and liability insurance. For a business like this, dealing with so many laws, you better have an attorney on retainer and I'm just getting started. Just do a little research on the costs I listed and you will soon see that unless you plan to sell 10-20 seeds a week out of your home by yourself, you too will be selling them for a lot more than $15. If you are going to start small, how do you plan to get your name out there? If no one knows you are selling seeds for $20 who will buy them? Even if you do get your name out there, do you think everyone is going to trust some guy with an email selling seeds that are supposedly from X breeder, when you aren't even listed on the breeder's site as a distributor? Again, I'm not trying to bust your bubble. I just think your have a lot more to look at and if you don't look into it first, I can guarantee failure. Failure to plan means plan to fail! Number one rule in any business. As I said before, if everyone was ripping everyone off, you wouldn't be the first guy to think about starting a company and selling for less if you could. Simple supply and demand. Since there isn't anyone else out there selling for less, that should tell you something. Link to comment Share on other sites More sharing options...
ClosetGrower Posted February 18, 2016 Author Share Posted February 18, 2016 Im only starting small through facebook at the minute, will get a website done asap just to spread the word, things take time and i do not have endless amounts of money Link to comment Share on other sites More sharing options...
ClosetGrower Posted February 18, 2016 Author Share Posted February 18, 2016 Also i would take payment through paypal so people feel more secure in getting there items,ill be doing my grow 1st then be putting more time and effort into this Link to comment Share on other sites More sharing options...
ClosetGrower Posted February 18, 2016 Author Share Posted February 18, 2016 I dont see any harm in trying, if it doesnt work then atleast i can say i did try Link to comment Share on other sites More sharing options...
ClosetGrower Posted February 18, 2016 Author Share Posted February 18, 2016 PHDin420 i will be selling from home to start with, also i get them not from the breeder itself i get them from a local headshop. Were the prices are pretty low,so wether i sell any or none i havent lost out coz can keep them myself. Link to comment Share on other sites More sharing options...
PHDin420 Posted February 18, 2016 Share Posted February 18, 2016 See that money you need to make your business bigger is what is going to keep adding to the additional amount you will need to add to the cost of the seeds you are obtaining. Pretty soon after your website employee's and all those other costs I mentioned, you will be charging $25, $30, $35 for the ame seeds you are buying for $15. I am by no means trying to deter your entrepreneurial way of thinking, I'm just trying to point out that there are a lot of things you have to take into consideration that I think you aren't aware of, so before you go jump in head first, make sure the water is deep enough. I recommend looking into all of those costs now so you know what to expect. You need to devise a business plan and then implement it so you aren't surprised later. I think once you do, you'll better understand why companies have to charge what they do and understand that they can't all be ripping us off, because someone like yourself, and believe me you are not alone, would simply come out, selling them at a lower price, taking over the market share, thus making more than the others. I someone else hasn't already done it, there is probably a good reason why. Please don't take any of my posts as me saying it can't be done. I'm just trying to point out that there are a lot of things to consider when running any business and you should make sure you know all about it before you start, because the majority of businesses that fail, are they ones that failed to do enough research before the started. Good luck if you do try it out and you make it work, I might be over there placing an order someday. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now