One still can make money. In the pre-internet days several companies had a number of employees, all drawing salaries. These days it's a lot tougher because of (1) foreign country controls (2) the onerous inspection of legal importers, and (3) the ability to buy direct, albeit illegally.kevinkk wrote: ↑Sun Mar 03, 2024 4:12 pm This topic has brought a question to my mind. Do people really make a living selling insects? I've tried it years ago, when the internet was young.
It seems like a difficult market. Perhaps it's the suppliers, but in any event, how many buyers are out there that continue to purchase material?
I find it difficult to believe many, if any persons actually make a living or get rich.
(1) has put a number of countries off limits, limiting supply.
(2) has made it difficult to legally operate a business; it's counter-intuitive, but USFWS hassles the legally registered entities the most; that's why I (and I believe Bill Garthe) quit.
(3) This is the real killer. The client base can buy direct, ilegally.
I should add a fourth, the "Amazon mentality"- buyer doesn't like it because today is Tuesday, they expect a full refund. The cost of business increases.
As you can see though, InsectNet has suppliers who move a lot of product. I can't say if any given seller is just a lucrative hobby, or supporting five people.
The most successful concentrate on the utmost rarities, have impeccable overseas contacts, know the laws inside and out, have cash, and have a client list not a website. Websites are for pedestrian stuff and volume generic stuff. No great collectibles ever get advertised, a phone call is made and it's sold. The stuff on websites is left-overs. I suppose if I wanted to get back into it I could, and make some good money, but it's a real hassle these days.