What's it like Running a Diecast Retail Store with Mike Bowman
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What's it like Running a Diecast Retail Store with Mike Bowman
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Description
We're joined by Mike Bowman from RDDC Diecast Collectibles. They discuss the origins of RDDC, the challenges of running a diecast store, and the impact of online platforms like Whatnot....
show moreFind RDDC Here: https://www.rddcmarket.com/
Instagram: https://www.instagram.com/rddc_official/
Small Channel Shout-Out: @DiecastOrDie
Takeaways
•Opening a diecast store in a mall can attract both walk-in customers and diehard collectors.
•Staying on top of new releases and managing inventory is crucial for a diecast store.
•Online platforms like Whatnot provide opportunities to reach a wider customer base.
•Customer reactions to the variety and quality of diecast cars at RDDC are often positive and surprising. Fast and Furious cars are highly popular and continue to be hot sellers
•Wide body kits are a major trend in the diecast community
•Dioramas and accessories are in high demand, with diorama sales going through the roof
•Time Micro and GCD are considered the best upcoming brands in the premium diecast market
•Running a diecast store comes with challenges, including high employee wages
•The possibility of opening a second diecast store is being considered
•The host has a personal collection of rare BMW diecast cars Collect what you're passionate about and be responsible with your spending.
•Do your research and manage your expectations in the hobby.
•NASCAR diecast has declined in popularity, while premium brands like •Mini GT are gaining traction.
•Running a diecast store can be challenging and requires careful financial management.
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