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- Idle Banter (http://forums.sv650.org/forumdisplay.php?f=116)

- - Closed my business (http://forums.sv650.org/showthread.php?t=160802)

600+	21-12-10 10:14 AM

Closed my business

After 3 years the www.ultimatebags.co.uk site is closed.

I tried to make it a viable business but could not compete with the ridiculous price wars from the likes of Amazon and from other people who did not know how to calculate profit.

I do have a few things left if anyone is interested. Price varies but in general below £40 for bags that would cost above £100.

I will now take it easy, focus on doing only my dayjob and spend the rest of the time on more enjoyable things. I'm coming to terms in being "good enough" :)

maviczap

21-12-10 10:17 AM

Re: Closed my business

Its a shame, at least it was not your main job

jamesterror

21-12-10 10:18 AM

Re: Closed my business

Unfortunate to hear it, people at the minute tend to opt for price and with Amazon having the good service (imo) and good prices then it's obviously a lot harder for people like yourselves.

Were you getting a lot of traffic through your website?

G	21-12-10 10:22 AM

Re: Closed my business

Quote:

Originally Posted by 600+ (Post 2445042)

I do have a few things left if anyone is interested. Price varies but in general below £40 for bags that would cost above £100.

I'm sure my Kerry will be interested in anything you have left.

Do you have contacts in general? Kerry is after the Mini Alexa and/or the Alexa in Tan from Mulberry.

http://www.mulberry.com/?gclid=ckyum...5600/category/

http://www.mulberry.com/?gclid=ckyum...4299/category/

600+	21-12-10 10:31 AM

Re: Closed my business

The only brand I have left bags from are Jansport and some Hooch.

I was getting some traffic through the site but main income was selling through Amazon........while I could still sell at a profitable price.

It's a shame but it really affected my health and it's not worth it!

Dicky Ticker

21-12-10 10:50 AM

Re: Closed my business

Feel for you having put a lot of work into setting a business up to have to decide that it is not worth the aggro. I am only a figurehead,as in retaining the name and being prime investor but i know how difficult it is and had some hefty kicks in the nuts myself over the years.
NOW IS A DIFFICULT TIME TO BE IN BUSINESS

maviczap

21-12-10 11:16 AM

Re: Closed my business

Quote:

Originally Posted by Dicky Ticker (Post 2445059)

Feel for you having put a lot of work into setting a business up to have to decide that it is not worth the aggro. I am only a figurehead,as in retaining the name and being Prime Minister but i know how difficult it is and had some hefty kicks in the nuts myself over the years.
NOW IS A DIFFICULT TIME TO BE IN BUSINESS

Corrected :D

stewie

21-12-10 11:48 AM

Re: Closed my business

Ah thats a shame mate, still, you gave it a good go , its tough times out there all right.

Ed	21-12-10 04:05 PM

Re: Closed my business

Sincere commiserations Moses. I hope that you have salvaged something positive, for example the technical knowhow and the market knowledge to be able to do it again when things improve.

Viney

21-12-10 04:26 PM

Re: Closed my business

Quote:

Originally Posted by 600+ (Post 2445042)

So have you given yourself the sack?

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