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Longer the Wait, the Higher the Discount but the Riskier of Missing Out

March 25th, 2013 at 09:38 am

Alert! A good jewelry supply store a few blocks from work is closing. I noticed a 'For Lease' sign in the bead store window a couple weeks ago and asked why. The shop clerk told me the building owner has family issues and may not renew with the current renters. Drat.

This place has been a great resource, easy for me to stop in once a week or so for many small things for my jewelry business. Good selection, luxury of time to find just the right thing, far superior than Michaels. I could get gold filled wire, special color crystals, many sizes of inexpensive pearls, etc. All of these things are at the trade shows, but it was so nice to walk there any day of the week instead of waiting for the twice/three time a year wholesale show. (And those wholesale shows are so much more a time crunch needing faster, less objective cash spending decisions.)

Of course this is a big opportunity for me to stock up on more expensive things at a big discount. So I am happy but a little worried! I will take about $50 of earnings and resist temptation to buy more (I hope!!)

But, just like garage sales, don't you think the treasure hunters are going to swoop in take the best things early in the game?

The close date is April 20. That's 4 weeks. I will stop in today to see what the starting point is for things that I'd like -

14 gold filled wire or chain
swarovski crystals, specialty color and shape
gemstone beads, especially pear and briolette or other high end shapes
16, 18 and 20 gauge jewelry making wire (heavier than usual types)
specialty earring hooks, such as leverbacks
extra large pearls
jewelry tools, such as a reamer

Those first 3 are going to go fastest. It's a gamble how long to wait!

I am torn between getting what I want most at the least discount early, or letting days and weeks go by and getting what's left at the most discount.

WISH ME LUCK!!!

3 Responses to “Longer the Wait, the Higher the Discount but the Riskier of Missing Out”

  1. creditcardfree Says:

    In my opinion the good stuff ALWAYS goes first at those types of sales. Any discount bigger than normal people see as a bargain.

  2. snafu Says:

    This may be an opportunity to by tools and stock up on supplies. I don't know what retail rental space vacancy is like in your community but since they are well established, ask if they will seek space near by.

  3. rob62521 Says:

    Good luck!

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