Question about dealing. - General

How much net profit should I be raking in? I.E. At what price should I bargain my grower to? 1/8th of an ounce is $50 here street price. I was offered $320 for an Oz from my grower. From the background check I ran, it looks like this hookup is a small time grower and might not completely know what she's doing. If I'm going to do this I want to max my net profit.

Well, where I live (southern California), 1g is $20 and 1/8th is $60

jesus thats harsh around here it's 10 bucks a g, 50 bucks for a 1/4. half Oz is 100 and 1 oz is 200 bucks and so on [editline]11:36AM[/editline] If you get lucky you can get ounces for 180-190 bucks

[QUOTE=newbs;24955976]How much net profit should I be raking in? I.E. At what price should I bargain my grower to? 1/8th of an ounce is $50 here street price. I was offered $320 for an Oz from my grower. From the background check I ran, it looks like this hookup is a small time grower and might not completely know what she's doing. If I'm going to do this I want to max my net profit.[/QUOTE] I don't get what you're asking. How much should you be making? Uhh, 50 x 8 = $400, that's $80. When I started selling I didn't make any money, I was just happy to not pay for the pot. It's 100% up to you how much you should make.

You'll make profit but when I was dealing I just smoked all my "profit weed". You won't be making that much profit until you start dealing with a lot of bud.

[QUOTE=newbs;24955976] From the background check I ran, it looks like this hookup is a small time grower and might not completely know what she's doing.[/QUOTE] Says the guy asking Facepunch how to sell drugs.

[QUOTE=Mister_Jack;24959095]Says the guy asking Facepunch how to sell drugs.[/QUOTE] Growing =\= selling And honestly, I'd rather just make a couple bucks if possible and just not worry about buying my own weed

See, that's what all the stoners I talk to say. The underground weed industry is a huge entrepreneurial enterprise while remaining a (more or less) victim less crime. I believe very little stoners actually understand the economics around it. The price of weed is hugely inflated by the uncertainty that arises from the laws against it. Uncertainty is what creates profit, and there is a large amount of it surrounding a banned product... Just last night my friends brother (who is a complete potfiend and a all around terrible husk of a human being) thought I was bullshiting him when I said I could get him a 1/8th for $30/40. He doesn't understand that the price and demand has been warped due to the contraband and I don't think most of you do either (I'm not talking to you of course, just all of the other posters here). Anyways, it's pretty blatantly obvious that nobody here has any reputable advise to give me.

What do you want from us? Everyone knows that pot is expensive because it's illegal. You're not going to get any help acting like you know better than everyone. If an ounce is $320, and you can sell an eighth for $50, you've got an $80/oz profit going on there. If you buy in larger quantities and move more product, you're going to make more money. I don't understand what you're trying to ask.

[QUOTE=Mister_Jack;24962501]What do you want from us? Everyone knows that pot is expensive because it's illegal. You're not going to get any help acting like you know better than everyone. If an ounce is $320, and you can sell an eighth for $50, you've got an $80/oz profit going on there. If you buy in larger quantities and move more product, you're going to make more money. I don't understand what you're trying to ask.[/QUOTE] Basically how I should go about bargaining as my business starts go grow (Go watch that episode of King of the Hill where hank finds out he's been paying sticker price all of his life). Way back at the dawn of the industrial age, people slowly stopped bartering because of cheap and reproducible products... Nobody barters anymore, but in the underground market it is still a vital and acceptable tool.

Say you want to try and get $40 then ask for $30 then they'll comprimise to $40, easier than haggling for $40 straight up.

If you're going to be dealing small amounts(a g- a 1/4.), then the way you make money is pinch. Unless your customer has a scale, inch .2 from a g, and tell him it's a g. Then turn around to sell(or smoke) that free g. If you buy 5 grams of mids for 5 dollars each, sell for 10 dollars each, that's a 45 dollar profit because of the pinching idea. The money is in mids because they're cheap.

Pinching gets your ass kicked. Really, the best way to make more money is just to sell and buy in larger quantities. Be a good dealer, don't pinch and don't fuck people over and they will come back to you. Really, the best dealer in my opinion is a combination between prices and service. If they're friendly and chill about it, I'm very likely to return to them. Maybe try to undercut your competition by selling things for like $5 less than they're worth. You'll make less at first, but your customers are much more likely to return.

Don't sell for profits at start, sell to grow a stack of money. Personally I sell 3.5g of pretty nice mids/high-mids for 20$ (the usual price is 25$). I sell 7 grams for 40$, normally it's around 45-50$. I just started to sell and I do better prices than long-time dealers, so I'm making more customers, and then with my money-stack growing slowly, I'll eventually buy a QP, and then an Half-Pound, to then probably start growing for real.

[QUOTE=newbs;24962957]Basically how I should go about bargaining as my business starts go grow (Go watch that episode of King of the Hill where hank finds out he's been paying sticker price all of his life). Way back at the dawn of the industrial age, people slowly stopped bartering because of cheap and reproducible products... Nobody barters anymore, but in the underground market it is still a vital and acceptable tool.[/QUOTE] You want to know how to haggle? It's not too confusing, man. Good luck getting a great deal your first time, think of it like a frequent buyer's club, the more you buy / more often you buy, the more you save / make. [QUOTE=stupid10er;24963948]If you're going to be dealing small amounts(a g- a 1/4.), then the way you make money is pinch. Unless your customer has a scale, inch .2 from a g, and tell him it's a g. Then turn around to sell(or smoke) that free g. If you buy 5 grams of mids for 5 dollars each, sell for 10 dollars each, that's a 45 dollar profit because of the pinching idea. The money is in mids because they're cheap.[/QUOTE] This is a great way to put yourself on the radar as a douche bag. You know what people do to douche bags? They don't pay them, they don't buy from them (f they don't have to) and if you really piss off the wrong person, have a nice time getting robbed. (Or if he's a little bitch, raided.)

[QUOTE=Mister_Jack;24965364]Pinching gets your ass kicked. [/QUOTE] [QUOTE=rnate;24968291] This is a great way to put yourself on the radar as a douche bag. You know what people do to douche bags? They don't pay them, they don't buy from them (f they don't have to) and if you really piss off the wrong person, have a nice time getting robbed. (Or if he's a little bitch, raided.)[/QUOTE] I never said my suggested methods(I don't personally do it, I don't even sell) were morally outstanding. [img]http://counterfeitchic.com/Images/shrug.jpg[/img]

The key to dealing with your grower/supplier and your clients is to... [B][I][U] HAGGLE HAGGLE HAGGLE[/U][/I][/B] :siren: haggle the shit out of them. It never hurts to ask for more/less

Now what cha gotta do is go to the city and get that mexican shit it's bout $80 a zip, $500 a brick and people will eat up cheap weed if everyone is used too paying $50 an eigth

[QUOTE=Khmer-rouge;24972181]Now what cha gotta do is go to the city and get that mexican shit it's bout $80 a zip, $500 a brick and people will eat up cheap weed if everyone is used too paying $50 an eigth[/QUOTE] People will ask what the hell that shit is if they're used to decent weed.

Picked up an 1/2oz for $175. Very shitty deal for the money, I was extremely pissed at my friends retarded dropout brother who doesn't know shit about business. They lived fucking 22 miles away, and you can get decent shit in town for $50 an 1/8th. I paid $45 per 1/8th and they were short BY ABOUT AN ENTIRE GRAM too. So I basically paid the extremely inflated street price, from a middle sized grower who lived in the middle of no ware.... Anyways, sold 1.0g for $20 and 3.0g for $50 last night and I have 9.4g left from my 1/2oz, so I still will get about $50 out of this whole thing (which is NOT worth my time seeing as I get paid $20 an hour for my part time job). It took like an hour and a half just to fucking drive to go get the weed not to mention an array of assorted transaction costs (gas, plastic baggies, phone minutes for deals, my personal time to go do the deals etc). The only reason why I went through with it was for learning experience. At least I made back the money it took to buy the scale.... Unless a grow opportunity opens up I really don't see how dealing is worth it with my background and current economic standing.

[QUOTE=newbs;25005599]Picked up an 1/2oz for $175. Very shitty deal for the money, I was extremely pissed at my friends retarded dropout brother who doesn't know shit about business. They lived fucking 22 miles away, and you can get decent shit in town for $50 an 1/8th. I paid $45 per 1/8th and they were short BY ABOUT AN ENTIRE GRAM too. So I basically paid the extremely inflated street price, from a middle sized grower who lived in the middle of no ware.... Anyways, sold 1.0g for $20 and 3.0g for $50 last night and I have 9.4g left from my 1/2oz, so I still will get about $50 out of this whole thing (which is NOT worth my time seeing as I get paid $20 an hour for my part time job). It took like an hour and a half just to fucking drive to go get the weed not to mention an array of assorted transaction costs (gas, plastic baggies, phone minutes for deals, my personal time to go do the deals etc). The only reason why I went through with it was for learning experience. At least I made back the money it took to buy the scale.... Unless a grow opportunity opens up I really don't see how dealing is worth it with my background and current economic standing.[/QUOTE] Then don't deal? What's the point of risking it? And don't know what to tell you about it being short, maybe you should have weighed it out infront of them...Learn your shit man, dealing isn't as easy as it might first seem. (I'm not saying it's difficult.) 75% of the people who sell weed are only doing it for the money, so they don't give a shit about you.

[QUOTE=newbs;25005599]Picked up an 1/2oz for $175. Very shitty deal for the money, I was extremely pissed at my friends retarded dropout brother who doesn't know shit about business. They lived fucking 22 miles away, and you can get decent shit in town for $50 an 1/8th. I paid $45 per 1/8th and they were short BY ABOUT AN ENTIRE GRAM too. So I basically paid the extremely inflated street price, from a middle sized grower who lived in the middle of no ware.... Anyways, sold 1.0g for $20 and 3.0g for $50 last night and I have 9.4g left from my 1/2oz, so I still will get about $50 out of this whole thing (which is NOT worth my time seeing as I get paid $20 an hour for my part time job). It took like an hour and a half just to fucking drive to go get the weed not to mention an array of assorted transaction costs (gas, plastic baggies, phone minutes for deals, my personal time to go do the deals etc). The only reason why I went through with it was for learning experience. At least I made back the money it took to buy the scale.... Unless a grow opportunity opens up I really don't see how dealing is worth it with my background and current economic standing.[/QUOTE] What kind of bud are we talking here? Is this some bomb-ass shit?

Wow crazy prices there I can get mids for this 1.5g = $10 3g = $20 (some times i get a 3.5 tho) 1/8 = $25 1/4 = $45 2/4 = $90-$95 3/4 = $120 (varies) Oz = $175 (varies) dank prices are much different. 1g = $20 1.7 = $30 :() 1/8 = $60-$65

Honestly, you make more money if you sell in small quantity but it takes longer to move it. The dank I have, a 10 dollar bag is anywhere from .5-.7G depending on how much I like you. It's great bud, people pay top dollar for this shit at the clubs, like 55-60 dollar eighths! Eighths are 45-50 depending on the same thing. Clubs are so over priced for any dank weed, it's ridiculous. I'm paying ~30/eighth, so I pretty much make money on anything. To me, 320 dollars a ounce isn't really that good of a deal, especially if you're getting it from the grower. It sounds like your connection is shady too, or you just come off to them as a mark. [editline]12:37AM[/editline] [QUOTE=Aaronn;24971189]The key to dealing with your grower/supplier and your clients is to... [B][I][U] HAGGLE HAGGLE HAGGLE[/U][/I][/B] :siren: haggle the shit out of them. It never hurts to ask for more/less[/QUOTE] oh, I hate people who fucking haggle on anything less than a quarter. I had this one guy who would always ask for a little more, even on a ten sack. He's just the most annoying person I probably ever had the "pleasure" of having to deal with, just so fucking stupid and annoying. I just started making bags for him that were a bit skimpy, and when he asks for "a little more", I put enough in just to make it legit. The guy was always so persistent, it was EXTREMELY annoying, but I learned how to deal with em. and for everyone else, it always is legit, I always do things legit. I don't mind people asking for $ breaks, shit if you ask me to hook it up a little I might, but some people can be annoying as SHIT!

[QUOTE=SpaZtic;25009023]Wow crazy prices there I can get mids for this 1.5g = $10 3g = $20 (some times i get a 3.5 tho) 1/8 = $25 1/4 = $45 2/4 = $90-$95 3/4 = $120 (varies) Oz = $175 (varies) dank prices are much different. 1g = $20 1.7 = $30 :() 1/8 = $60-$65[/QUOTE] How does someone even grow mids? Growing dank weed is seriously easy

[QUOTE=Aaronn;24971189]The key to dealing with your grower/supplier and your clients is to... [B][I][U] HAGGLE HAGGLE HAGGLE[/U][/I][/B] :siren: haggle the shit out of them. It never hurts to ask for more/less[/QUOTE] i dont think annoying them would be the best idea. just become good friends with them (smoke them down a few times, etc), buy from them a lot (basically make them some money), then bring up the fact you wanna start dealing. once you guys are cool, he will probably hook you up with some good prices.

[QUOTE=Roly poly;25015968]How does someone even grow mids? Growing dank weed is seriously easy[/QUOTE] I don't have any experience, but I can assume if it was so easy there would be more dank weed than there is. I can assume that a lot of the mids comes from big outside plantations.

Mids come from shitty grow set-ups and care, or male plants. Like Pepin said, big plantations that the mexicans tend to.

The only thing that gives dank that awesome smell is the cure. And mids don't get a good cure usually.

Wow you guys' prices suck. I get my mids at this: (copying from SpaZtic) 1.5g = $7 3.5g = $14 1/8 = $20 1/4 = $35 2/4 = $50-60 3/4 = $80-90 Oz = $115. I have gotten Ounces for $60 though so it varies. dank prices are much different. 1g = $10 1.7 = $24 1/8 = $50-60