Can anyone give me a logical reason why Hibs for several years now have failed to cash in on any of the revenue generated by the festivals? Years agoi i sent an email to Mr Lindsay asking why i could only buy hibs strips form ER. Still nothing has changed. Do you not think tourist must think scotland only has 2 teams, and judging form Princes Street who could blame them?
Get it sorted hibs, cos even as a supporter i cant be arsed coming to the shop, let alone some guy from the pother side of the world when he can buy Arsenal, rangers, madrid, all in princess street??
Anyone know a real reason why we couldnt tap into this market? The population of edinburgh doubles during the festival ffs .
Results 1 to 30 of 43
Thread: Why oh Why?
-
06-09-2011 05:33 PM #1
- Join Date
- Aug 2011
- Posts
- 1,935
Why oh Why?
-
06-09-2011 05:40 PM #2
I think the view was that very few Hibs tops would be sold in such outlets, as the demand was greater for Old Bigots tops and the shops wouldn’t really stock them up – and by the time you knocked off the manufacturers and shops profits there was hee-haw left for Hibs.
Selling them ONLY from Hibs shop means that the bulk of the strips which would have been bought (ie from Hibs fans) are still bought, and all the cash goes to Hibs rather than share with a shop.
Presumably a bit of market research was done to suggest this.
-
06-09-2011 05:51 PM #3
Although the OP's username says it all, it's worth looking at the current Celtc shop as an example of the running costs of a retail outlet in the centre of town, especially seeing that they are closing it down and looking for a new tenant for it and the figures are available (so obviously it can't be that profitable )
Rent £60,000 per annum (plus VAT)
Rates Payable £27,760 per annum
Wages probably around £80,000 minimum inc PAYE
Plus utilities, insurances, and other expenses
The shop fit initially won't be cheap either, as well as ongoing marketing costs etc.
Although that's back of the fag packet stuff, by the time you add it up it will probably cost around £200,000 a year just to open the doors. If you work off a 50% profit margin, you need to take around £8k a week to break even.
That's a lot of merchandise to shift to tourists to make it wipe it's face let alone bring in some more revenue.
-
06-09-2011 05:54 PM #4
- Join Date
- Aug 2011
- Posts
- 1,935
This quote is hidden because you are ignoring this member. Show Quote
I see no reason that an 'Edinburgh Sports'(you heard ot here first) shop offering hibs, hearts, even livingston football, scotland, edinburgh rugby, speedway, ice hockey, basketball, and any others, would not be a success. The shop could be designed with a hibs n hearts halfs to highlight the edinburgh rivalry. If run in conjunction with hearts, the club could play a part in the running/ownership which could result in another source of income??
I pesonally dont have the finances or ability to pull this off, but for a long time have thought this idea would work, as we are a year round destination.
-
06-09-2011 05:57 PM #5This quote is hidden because you are ignoring this member. Show Quote
It doesn't stack up.
-
06-09-2011 05:58 PM #6This quote is hidden because you are ignoring this member. Show Quote
-
06-09-2011 05:59 PM #7
- Join Date
- Aug 2011
- Posts
- 1,935
This quote is hidden because you are ignoring this member. Show Quote
First point, iv only bee a member for a couple of weeks so who knows whats posted in the past.
However the figures you mention, i agree are not really workable, didnt know thats how much it cost. Still think it could be workable tho if not focussing on hibs alone...
-
06-09-2011 06:02 PM #8
- Join Date
- Aug 2011
- Posts
- 1,935
This quote is hidden because you are ignoring this member. Show Quote
How many places can you buy sports items representing the Edinburgh sports?
-
06-09-2011 06:09 PM #9This quote is hidden because you are ignoring this member. Show Quote
The other option that's been mooted is some sort of mobile caravan of the likes you see outside Hampden selling the Official Scotland Merchandise, but there's not really many places they could site it in the centre and it would no doubt cost a lot for the pitch too.
This quote is hidden because you are ignoring this member. Show Quote
-
06-09-2011 06:13 PM #10This quote is hidden because you are ignoring this member. Show Quote
Why could we not hire a church hall to sell merchandise?
That has never been done befo... No - wait....,
-
06-09-2011 06:15 PM #11
I would expect the costings of a city centre shop have been looked at several times in a variety of different forms. If the board thought it would be profitable then there would be one.
-
06-09-2011 06:16 PM #12This quote is hidden because you are ignoring this member. Show Quote
I've mooted this idea before but it could also be used outwith the festival for school visits etc
There's potential. Would allow the club to save money on other outdoor advertising its currently using etc
-
06-09-2011 06:35 PM #13
- Join Date
- Apr 2007
- Posts
- 8,344
Heh heh, selling Hibs gear from a caravan in Princes Street gardens...
Perhaps if we sold clothes pegs from the caravan as well, our neighbours' dreams would come true!
-
06-09-2011 07:17 PM #14
- Join Date
- Aug 2010
- Location
- Edinburgh
- Age
- 43
- Posts
- 2,463
We dont have a big enough fan base to justify our own shop in town, no where near it I would suspect. The hertz one has closed down, as did the rangers one, if the celtic one is still there I would assume it does little to no trade, may even be a loser for them, but with there finances and support they can probably afford to lose that money.
In terms of putting our gear in existing shops I suppose we are then into sharing the profit from the strips and the risk that our own fans end up just picking one up in town rather than in the club shop where we get all of the money.
Not a massive fan of the idea of a hibs caravan! which out with the month of august (festival) would be used for school trips, dont know what that means, but I think our money would be better spent on the team rather than one of those VW passion wagon vans - Rod and Scott would look a little sill driving about in that!
-
06-09-2011 07:45 PM #15
Another angle would be for Easter Road to be made available as a venue for fringe shows. This would get tourists down to the shop and some may buy a ticket for a cat b game if we had one at the weekend.
-
06-09-2011 08:38 PM #16This quote is hidden because you are ignoring this member. Show Quote
-
06-09-2011 09:08 PM #17
- Join Date
- Aug 2011
- Posts
- 1,935
This quote is hidden because you are ignoring this member. Show Quote
Very good idea indeed. Tbh could probably host quite a big name due to the potential crowd. How many could Forth suite hold? could make sure shop was open befeore and after and shows and give discound vouchers etc to get them through the door.
Re caravan in town, i wouldnt give a monkeys whay our neigbours say, if it brings in a little bit money, even selling pin badges and scarfs and t-shirts would be better than nothing. how much would it cost to have a couple people working one of stalls on the Royal Mile, cant be that much judging by the tat thats usually on sale.
hibs could in addition to stalls or even on its own do keepy uppy comps , crossbar challenge tyep things for kids, both tourist and local, get them all having fun at the minor expense of hibs. happy memories of hibs as kids may bring their support and £'s as adults.
-
-
07-09-2011 03:43 AM #19
- Join Date
- Mar 2011
- Location
- Hamilton, Ontario, Canada
- Posts
- 14
I remember vaguely early 70's Ronnie Simpson had a shop on Rose Street and Thompsons on Great Junction Street and Leith Street sold Hibs/Hearts stuff no?
-
07-09-2011 04:30 AM #20This quote is hidden because you are ignoring this member. Show Quote
-
07-09-2011 04:52 AM #21
Its not rocket science - a shop in Edinburgh City Centre would not be financially viable. Selling a couple of shirts at best a day would not pay wages, rent and rates. Other than at the start of a season and at Xmas the shop would be dead. I walked past the old Hearts shop in St James Centre every day, rarely even one punter in the shop.
Hibs are also right to sell shirts exclusively through our own shop - rather than getting modest monies for shirts sold through the nationals like JJB etc
Hearts have shut their shop down, Celtic's store is up for lease - tells its own story
-
07-09-2011 05:04 AM #22This quote is hidden because you are ignoring this member. Show Quote
-
07-09-2011 05:24 AM #23
I agree there is a market for this type of thing as i would always buy a shirt from where I go( assuming its not a hideous maroon affair), that said I would happily make the trip to the stadium to make this purchase. If it was a viable option the gold bros would have looked into tying up a deal with Hibs, hearts, sfa, sru, Edinburgh rugby, livi, hockey team, basketball team, and speedway. Also it has to be mentioned that we have a specialist football shirt shop in the city center who sells niether our shirt or hearts so you would assume they have enquired about it at some point.
-
07-09-2011 05:43 AM #24This quote is hidden because you are ignoring this member. Show Quote
What the club should be doing is maximising the potential of the club shop. I find most of the stuff pretty naff and while they have made some improvements in that area theres still scope for further improvementLast edited by Brizo; 07-09-2011 at 05:53 AM.
-
07-09-2011 05:45 AM #25
On a side note, is there still a big polish community in leith?
Just thought we might've bought an old polish international, to encourage more fans down to Easter road
-
07-09-2011 05:53 AM #26This quote is hidden because you are ignoring this member. Show QuoteEvery gimmick hungry yob,
Digging gold from rock and roll
Grabs the mic to tell us,
He'll die before he's sold.
-
07-09-2011 06:59 AM #27
- Join Date
- Apr 2007
- Location
- Dont know its too dark in here
- Age
- 66
- Posts
- 12,205
This quote is hidden because you are ignoring this member. Show Quote
-
08-09-2011 11:53 AM #28This quote is hidden because you are ignoring this member. Show Quote
-
08-09-2011 12:36 PM #29
Don't think there's anywhere near the footfall to justify a city centre shop, although I do like the idea of a temporary store that would include all the other Edinburgh sports teams.
Do not though underestimate the power of the tourist - I know I've probably told this story on here in the past, but the whole reason I began to follow Hibs was coming up for a weekend away with my parents when I was 7/8 years old and saw Easter Road from Calton Hill; HFC have since had probably thousands of pounds out of me and my family since then, so it's worth following up in the long term!
-
08-09-2011 12:53 PM #30
Even if a shop is not viable, we should still be pushing the matches to the tourist market. We had home matches against St Johnstone, St Mirren and Berwick during the festival. How were any of the hundreds of thousands of tourists meant to know about this? Even if you are a big football fan visiting, your mindset is to look through the International Festival and Fringe brochures, not to be checking up on the Hibs website in case there's a match on.
If countless dire English student groups can get people through the doors for their pathetic productions by flyering on the Royal Mile, then I have no doubt at all that Hibs could. Especially with matches on Saturday at 3pm, when the peak of the festival isn't in full flow and tourists are looking not for shows but for attractions to visit, a football match would surely be an attractive proposition for a lot of people.
Some flyposters about the place advertising a Scottish Premier League match at Easter Road Stadium and a few guys on the Royal Mile trying to target getting some new fans through the door could work wonders. Tickets could be sold directly by the guys on the street so that they didn't have to trek down to Easter Road twice, and getting people to matches would also boost merchandise sales because they wouldn't come all the way down to ER without having a browse in the shop.
Fair enough if we tried this and it was concluded that it was not worthwhile as tourists simply aren't interested in Scottish football, but it's worth a shot for a year at least.
Log in to remove the advert |
Bookmarks