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Updated over 9 years ago on . Most recent reply

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Leigh C
  • Brooksville, FL
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Thinking about incorporating these Custom knives into my biz...

Leigh C
  • Brooksville, FL
Posted

I might be putting a square peg through a round hole....but i'm curious on feedback.

So i ran across fillet knives from RhinelandCutlery.com at a local boat show, purchased a few and loved them.    They offer a program to engrave the knives which in theory should be something people hold onto and you can put whatever you want on them...  

Starting kicking around the net and their 1500 block set I can purchase for maybe 80% off if i wanted to (same knife, no brand).     So that Amazing fillet knife drops to maybe 20 dollars.      

Thinking about doing a side business selling to other realtors....thinking about trying to build a MLM company.    I'm debating on using them to farm listings here in the keys with too.     I don't really need the income from these silly things but it annoyed me that they have such a high perceived value vs actual cost.  

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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
Replied

Who said the set has an MSRP of 1500? The marketing bunch selling them at $20.00? That claim may not even be legal.

I can see where someone might be impressed opening the gift, then what happens when the look them up on the internet and find them selling under some deal at $25.00, they might think you're just cheap. 

Not sure I'd have dinner guests and use knives engraved with a real estate company on them! Plates purchased with coupons at a grocery store, State Farm coffee mugs, engraved advertising knives.......just may not set an impressive table. That's usually the stuff you hide in a cabinet.

Not saying you have a bad idea, but I wouldn't get carried away with that perceived value, it is what it is. Good luck in '16 :)

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