Sunday, August 30, 2020

State of the Business

Sinningia 'Gabriel's Horn' grown by Gary's Specialty Plants




The State of the business.

 

            Presidents give State of the Union addresses, trade magazines collect State of the Industry facts.  I should give a State of this Business report.

 

            This recession is not affecting me this time as houseplants are in high demand, contrary to the 2009 recession, which crushed sales of Annuals.

 

            If you don’t have a job, you really don’t have to buy a Petunia.

 

            Houseplants may be different.  They don’t cost much, and they could make you feel better.

 

            Some of those who are employed, which is over 80% of the work force, are interested in houseplants.  And on the collector side of things, don’t really care what rare plants cost.

 

            I have unusual plants and strive for the rare.  It’s where the money is.

 

            If there is a trend, it’s that price barriers are breaking, and we don’t’ have to get squeezed by high input costs.  We can charge more if necessary and garden centers are able to profit from higher prices.

 

            Price is a signal.  If indoor gardeners will pay higher prices, we should produce more uncommon plants.

 

            The State of this Business is very good.




 

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