APA wins Guinness World Record

btoneill said:
A % of profit per year, IIRC like 20% goes back to the APA as well.

Plus, they paid a purchase price to buy the franchise.
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Not profit, Brian, revenue. The franchise royalty is a percentage of revenue. But yeah, we did make an investment and we do have expenses.

Whether it's excessive or not is really irrelevant to pretty much everyone. The relevant question is, is it worth $6, or $7, or $8, or whatever? If it's not, don't play. Spend those entertainment dollars on something you like better.

I have a location that charges $20 per team for the table. Is that excessive? I don't know. When they started charging that much, I went to the players to see if they were ok with it or if I should find them another place to play. They explained to me that they pay $6 for their match and $4 for the match table, but they get practice tables as long as the location has tables available. So for $10 they get to play pool all night. They're fine with that.
 
I don't think people realize how much work goes into running a league. And if you add up all the time involved, most LO aren't making minimum wage! Advertising, printing schedules, printing weekly forms, updating stats, delivering envelopes, picking up envelopes AND DEALING WITH WHINY AZZ POOL PLAYERS PROBLEMS!!! The actual expenses aren't much; a computer, printer, and a vehicle.
I plow snow in the winters for $85-$100 an hour(depending on the account) and I won't go out for less.
So, how much is your time worth? Probably a bit more than $7.25 an hour? I don't think I would answer the phone calls for under $25/hr!
 
It always kills me how people associated with pool worry about how much money the league operator or tournament administrator makes. And they never seem to get that every business marks up their product to make a profit. Honest some of these people think people should donate their time, energy and money for their amusement.

What is the answer to this question: Why are companies in business? There is only one correct answer.

Bob
 
doitforthegame said:
It always kills me how people associated with pool worry about how much money the league operator or tournament administrator makes. And they never seem to get that every business marks up their product to make a profit. Honest some of these people think people should donate their time, energy and money for their amusement.

What is the answer to this question: Why are companies in business? There is only one correct answer.

Bob
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Tap, tap, tap.
 
Here in York there are many leagues that have been around for decades that do just that. The people who run them do it out of there love for the game not for profit. Thats why there able to run there leagues for half the cost.


doitforthegame said:
It always kills me how people associated with pool worry about how much money the league operator or tournament administrator makes. And they never seem to get that every business marks up their product to make a profit. Honest some of these people think people should donate their time, energy and money for their amusement.

What is the answer to this question: Why are companies in business? There is only one correct answer.

Bob
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APA Operator said:
Whether it's excessive or not is really irrelevant to pretty much everyone. The relevant question is, is it worth $6, or $7, or $8, or whatever? If it's not, don't play. Spend those entertainment dollars on something you like better.
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Then the price, which is greatly affected by the percentage that you are taking obviously IS relevent.

Here is what you said in effect.

"The amount of money we charge is irrelevent."

"What is relevent is whether the product we provide is worth the amount of money that we charge."

Sooooo, the amount of money that you charge IS relevent since it is directly related to the principle decision prospective players must make in their decision to play in your pool league or not.
 
Celtic said:
Sooooo, the amount of money that you charge IS relevent since it is directly related to the principle decision prospective players must make in their decision to play in your pool league or not.
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And can you name any business where that isn't true?
That's how business works. The seller establishes a price, and the customer decides if they are willing to pay that price. If they consider it a good value, they will pay. If they don't, they won't.

Judging by the amound of APA players throughout the country, it seems an awful lot of people think it's a good value.

Steve
 
My local APA charges $7 a night, got there at 7pm last week, got a bar box for the league match (no charge) and 2 Gold Crowns to practice on (also no charge). We played from 7p til 2a. Spent about $80 at the bar so for a grand total of $87 played pool and drank all nite. Now if the LO raised the price to $8 a nite I'd prolly have to quit the league, that extra buck would kill me. :grin:
 
pooltchr said:
And can you name any business where that isn't true?
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None. This was the first time I have ever seen a business owner come right out and say that the price they charge for a service is irrelevent to their customer base. It was a completely absurd statement and THAT was my point.
 
Celtic said:
Then the price, which is greatly affected by the percentage that you are taking obviously IS relevent.

Here is what you said in effect.

"The amount of money we charge is irrelevent."

"What is relevent is whether the product we provide is worth the amount of money that we charge."

Sooooo, the amount of money that you charge IS relevent since it is directly related to the principle decision prospective players must make in their decision to play in your pool league or not.
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Of course the amount of money I charge is relevant. How could it not be? It's the PRICE. What's not relevant is what percentage of that price I keep. I can tell a potential customer what the price is, and what they get for that price, and they have all of the information they need to make an informed buy / no buy decision. They don't need to know how much of the price I keep - therefore it is irrelevant.

Your first sentence is incorrect. You got the cause and effect mixed up. The price affects the percentage, not vice-versa. As an illustration of this point, suppose I decided I wanted to keep 75% instead of 50%. What would the new price be?

Since your first sentence is incorrect, your third sentence is also incorrect.

You are absolutely right that the price is the relevant thing. You just used fallacious logic to claim that I said it isn't. I never said that.

Celtic said:
This was the first time I have ever seen a business owner come right out and say that the price they charge for a service is irrelevent to their customer base. It was a completely absurd statement and THAT was my point.
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We agree that it's a completely absurd statement. I don't think we agree on WHO said it.
 
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If people knew how much it costs to make that $500 pool cue in their case, they wouldn't be screaming about the APA.

Steve
 
pooltchr said:
If people knew how much it costs to make that $500 pool cue in their case, they wouldn't be screaming about the APA.

Steve
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Or the fountain soda they're drinking. The jeans they're wearing. Or any of a thousand other products.
 
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