Swattie87
Well-known member
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- May 3, 2011
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Spinoff from PFBC License Hike Thread
Or conversely, how much would it need to be to get you to not buy it and give up fishing for a year? Thought about doing this as a poll, but I thought it'd be better to allow for more individualized responses. Reason I ask is that I still think a fishing license is a darn good bargain, and a relatively cheap form of entertainment for those who use it year round. In comparison to other pastimes or even hunting for example, where the license is only for a fairly restrictive, specific time frame.
For me, it’s probably somewhere around $1,000. In all seriousness. It’s my main form of relaxation/recreation and how I prefer to spend my vacation time. It’s less than a decent single round of golf, and if I wasn’t fishing on a regular basis, I’d probably spend a lot more on golf each year. At $1k, I’d have to monitor other spending throughout the year, and anything much more than that I simply couldn’t afford it, but $50, $100, heck $200/year…they all seem like bargains to me for the amount of enjoyment I get from it.
The PFBC needs to balance the demand curve for their product (a fishing license), and make sure from the micro side they can operate efficiently from a cost perspective within those demand parameters. Any increase in price will result in less sales, unless there is additional services being offered as part of that price increase, which there isn’t in this case. At some point total revenue may actually be less due to lost sales. It’s a fine balance, and admittedly for them, probably not an easy one to predict. As mentioned in the other thread, I think yearly, smaller, but steady increases will be met with less loss of sales, and produce a more long term sustainable solution. Hiking it to even $50 immediately will likely have a significant sticker shot, even if us hard core guys wouldn’t care much.
Or conversely, how much would it need to be to get you to not buy it and give up fishing for a year? Thought about doing this as a poll, but I thought it'd be better to allow for more individualized responses. Reason I ask is that I still think a fishing license is a darn good bargain, and a relatively cheap form of entertainment for those who use it year round. In comparison to other pastimes or even hunting for example, where the license is only for a fairly restrictive, specific time frame.
For me, it’s probably somewhere around $1,000. In all seriousness. It’s my main form of relaxation/recreation and how I prefer to spend my vacation time. It’s less than a decent single round of golf, and if I wasn’t fishing on a regular basis, I’d probably spend a lot more on golf each year. At $1k, I’d have to monitor other spending throughout the year, and anything much more than that I simply couldn’t afford it, but $50, $100, heck $200/year…they all seem like bargains to me for the amount of enjoyment I get from it.
The PFBC needs to balance the demand curve for their product (a fishing license), and make sure from the micro side they can operate efficiently from a cost perspective within those demand parameters. Any increase in price will result in less sales, unless there is additional services being offered as part of that price increase, which there isn’t in this case. At some point total revenue may actually be less due to lost sales. It’s a fine balance, and admittedly for them, probably not an easy one to predict. As mentioned in the other thread, I think yearly, smaller, but steady increases will be met with less loss of sales, and produce a more long term sustainable solution. Hiking it to even $50 immediately will likely have a significant sticker shot, even if us hard core guys wouldn’t care much.