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Survey Results: Who Exactly Are the Ruby Lane Shop Owners? We Asked Them To Tell Us!
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January 24, 2008 - 5:37pm
1. We asked shops how long they have been selling items online, and here are the responses: 2. We asked shops if they sell elsewhere online: 3. We asked those who answered “yes” to number 2, to tell us where else they sell online: 4. We asked shops if they sell offline as well: 5. We asked shops who said “yes” to number 4, to tell us what types of offline selling they do: 6. We asked shops who sell offline how long they have been doing so: 7. We asked shops who sell both online and offline to tell us which venue has better sell-through: 8. We asked shop owners what age range they fit into: 9. We asked shops if they were: 10. We asked shops if their Antiques, Collectibles, Fine Art or Jewelry business is their sole source of income: 11. We asked shops when they primarily work on their Ruby Lane shop and to choose all that apply: 12. We asked shops to predict whether they will be in their current online business 5 years from now: “I am willing to change with the trends & market.” “Online selling is fun and convenient, and the sky is the limit!” “We plan to be in business as long as possible-so far about 40 yrs, 25 in the same location” “I love what I do” “I have been doing this for 17 years. While I may change the way in which I do business, I can't imagine doing anything else.” “We really enjoy the business and can see it going nowhere but up.” “It's evolving in several directions so I can do this until the day they plant me in the ground. No intentions of ever retiring.” “I will continue on with my online selling indefinitely. It's easy, done at home, and it's fun!” “I think I have a lot of talent and drive for this business.” “I hope to commit more and more time to the Ruby Lane shop. Mom will completely close her seasonal shop in Minnesota and we will eventually have most of the inventory on Ruby Lane. I would really like to be self-employed. This might be my ticket!” “Unless my business begins to do very poorly, I see no reason to stop!” “Jewelry design is my passion. I am working on leaving corporate America and being an artist full time.” “Because I love it! And, with my growing business and success on RL, this will be my sole income stream within two years. I can travel and expand my knowledge in the historical periods I love (18th-early 20th centuries) and use that knowledge and experience to make a good living - not just as a hobby. And I can engage in a continual treasure hunt. Online selling gives me much more free time (and less overhead) to pursue my personal interests and to secure financial security.” “I love the antique & collectible business and plan to continue selling on the Internet as long as it's profitable.” “I enjoy my small business and will likely continue in the business as a retirement interest.” “Hope it will support me when I retire in 3-7 years, or at least supplement my retirement pay.” “I enjoy it. And I see it as a way to supplement my retirement in 5 years.” “This is something that I love and I hope to be doing it for a long time. It is a wonderful therapeutic outlet for me to escape from daily stress. I also enjoy history and the chance to research the history of the items that I find to sell. When I retire, I would like to be able to do this on a larger scale than I am able to do it now.” “I am a soon to be Boomer and this is my retirement 'career'. I look at these last few years as valuable ones, concerned with building, tweaking and refining my business to create a long-term niche with a loyal customer base.” “This business has been my sole income for 29 years and I don't see retirement in my future.” “Sales have increased almost ever year and I hope it continues.” “It's the only thing I'm physically able to do, and I love it. I built my shop from the bottom up with literally nothing, and every penny I made went right back into more and better joolz(sic) till I got where I am now ~ and I've still got a long way to go! So I've got to keep going for at least another 5 years, you see?” While not every single one of the comments on this question was positive, the majority of them were. Again we see passion and commitment in this business. 13. Here is an overview of where our shop owners are physically located: 14. We asked shops what type of a community they live in: We want to close this article with an additional small cross-section of the comments we received from respondents. We wish we could post them all: “I am a one-person business and take care of all aspects from merchandising to pricing, advertising to customer service and shipping.” “I am not obsessed, I'm focused.” “I've been a full time dealer for over 35 years and I still haven't lost the thrill of finding something great! Sure beats working for a living as I wrote in an article for the "Past Times" section several months ago.” “I take my business very seriously and I know that my fellow shop owners do as well.” “Just that it's a lot of work if you want your shop to look good and provide your customers with great photos and accurate item descriptions.” “Have been in and around this business for sixty years and the best advice is "Do unto others as you would have them do unto you.” “I had an open antiques shop from 1978 - 1982. From 1982 to 2005 I traveled doing antiques shows across the United States. It was a descent living but obviously not a business that was going to allow for retirement. Beginning in 2001 the shows started declining and the expenses kept going up until I finally decided it made no since to be on the road. I have been concentrating on my Ruby Lane shop in hopes that it will allow me to stay in this business.” “We've found that it's becoming necessary to focus our inventory on items from the 50's - 80's to meet the demand of a younger buying group. We're re-accessing our buying habits and preparing for transitions that will included more of the "Modern" furnishings and furniture.” “All my items offered for sale have been collected over the years - three generations. Now I'm trying to sell them as no one in my family is interested and I know they'll end up at the dump or selling at a yard sale for pennies. This way I know they're going somewhere to be safe and saved and appreciated.” “I have owned a brick and mortar and have a lot of inventory (higher priced...meaning from $300 to $3000) and had extensive press coverage and high end clients as well. I was well respected in my business and fairly well known. All I am trying to get across is... I am a professional and not just a hobby shop owner/seller.” “I’m quite surprised at the all consuming the effort is.” “We try to help customers with their collections. My mother in law and her sister once did the flea market circuit and had a shop. They have rooms full of things and we can get to it. I work for an antique shop and also help another lady who has many storage areas full of items I can get to and of course, finding things for others is fun.” If you as a reader have additional impressions of the results of this survey, if anything surprised you about the results, we invite you to share your points here. (Important Note: Keep it constructive!) |
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