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100 real Mother of pearl hair clip barrette hair accessories     US $9.99

Magnifying glass with bone handle     US $9.99

20x50 BINOCULARS for VIEWING SPORTS NASCAR RACING HUNTING BIRDWATCHING WILDLIFE    US $19.99

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Pair of Brass Binoculars with a Leather Strap in a Wooden Case    US $23.69

SPORTING BINOCULARS 20 X 50 CAMO COMPASS Carrying CASE NEW    US $6.49

Reichert Jung Series 150 Binocular Microscope    US $46.00

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LEUPOLD 10X40 HUNTING BINOCULARS INDIVIDUAL FOCUS IF ROOF PRISM WIND RIVER BLACK    US $199.99

Maritime brass pocket Compass sun dial sundial    US $16.00

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Antique brass spyglass telescope 16    US $29.50

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	Binocular Flask List Price: $29.57 Sale Price: $10.10 You save: $19.47 (66%)

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	Spy Gear Ultimate Night Vision List Price: $55.99 Sale Price: $35.55 You save: $20.44 (37%)

business in nautical products?

Hi, I came across this wonderful company which goes by the name of Roorkee instruments which deals in exporting and selling of nautical products like nautical compass, nautical sextants, nautical binoculars, nautical clocks etc. The idea of starting a business in this field looks promising and is still in its nascent stage. Can anyone give me an ideas as to how should I move into this business. Where can I find the relevant information on the subject? Can anyone out there help me out??

First you need to search each of the products you might carry to see what they are actually selling for at retail (Not what the manufacturer's suggested retail price is) and then find out what you need to pay and quantity you must buy to get wholesale prices. Then you have to decide what quality each manufacturer offers for the money. Remember that the market becomes much smaller if you only handle "Top Quality" products, as most boat owners shop by price. (Welcome to the retail trade!)

It seems like a rather limited market so you also have to decide how long your inventory will sit on the shelf costing you money? I'll bet that "nautical instruments" is just a single line and the company handles many more lines of items as well.

I'm not sure that this field is as much in the infant stage as you assume. I've been sailing for close to 50 years and have never had any problem finding any of those products for my boats.

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This entry was posted on Thursday, January 8th, 2009 at 3:15 am and is filed under Binoculars. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.