Tank Raised Fish Poll
 

Need the lists help for market research purposes.
This poll is figuring that the said fish are nice in appearance, health, and size, and the cost is very similar to net caught...
Thanks :Kyle

Poll
 

The poll should be how much of a premium would you be willing to pay.

If you look at the prices at J&L Aquatics, then the prices at inland aquatics for tank raised species, there is a large premium on tank raised species. That being said not easily available in Canada.

Why don't you look at the premium you would be charging for your tank raised fish and ask the question with more specifics.


Wendell

He said that cost would be similar to net caught. So the assumption is that he can somehow raise them cheaply and price them to be the same as wild caught (no premium).

That wasn't there when I posted my response.

But, YES.

I've talked with John about the subject and he had to sell his last shipment of ORA fish back east because no one would pay the extra money for captive bred. Grant has said more or less the exact same thing. It doesn't make any sense to me personally but until wild caught are given a steeper price tag the vast majority of people will go for the cheapest alternative.

As for the poll; I'd pay twice as much for captive bred.

there will be some premium, but it will be smaller than what is commonly seen on the market today... If a wild caught Regal tang that is 2 1/2"-3' sells for say... $49.95"JL Aquatics" It would sell for about $54.95-$58.95
That would be a retail price, not wholesale. This is a price difference that you see from one store to another for the same fish...

Right now an orchid dottyback goes for around $35 for wild caught and ORA are $45 and still no one will pay the extra $10.

Ah, I see. :P

From my business background my view is that the ORA fish have a fixed sales price, Percula's are $24.99 everywhere you go.

Thats a difficult sale in the lower mainland where everyone has there favourite places to go and the cheapest places to go.

People that are just after the "saltwater experience" IMHO don't really care if they have a few deaths, I've been to view tanks where 4 or 5 Paracanturus hepatus have been sold from the local fish store for a party that night, only to see them dead the next week. So price elasticity is extremely important on the purchase, that being said so is color elasticity.

When all the fish hit CITES appendix 2, and they mush have export documentation the value of captive raised will be similar to wild caught fish.

That being said, fish stores need to make sufficient net profit to sustain themselves as a going concern, prices of wild caught and tank raised should not have the same profit margin.

My two cents...


Wendell

I voted yes I would buy them oif availble, but if they were more expensive then my answer would be changed to NO.

I feel people who strive to raise tank raised fish should be doing so and offereing some incentive for people to buy thier fish..

I also do not belive that something should be more expensive just because it is biodegradable, or enviromentlay friendly..

and again I feel that 50% of the people that say they would pay more for a captive fish would realy buy which ever is cheeper.. but that is just my opinion.

Steve