What's it like Running a Diecast Retail Store with Mike Bowman

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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. Mike shares his experience of transitioning from selling at shows to opening a brick-and-mortar store in a mall. He emphasizes the importance of staying on top of new releases and managing inventory. The conversation also touches on the reactions of customers who discover the wide range of diecast cars available at RDDC. The conversation covers various themes related to diecast collecting, including the popularity of Fast and Furious cars, the trend of wide body kits, the importance of dioramas and accessories, and the brands that are excelling in the premium diecast arena. The hosts also discuss the challenges and surprises of running a diecast store, the possibility of opening a second location, and the host's personal collection of BMW diecast cars. In this conversation, RDDC Diecast Collectibles shares his passion for diecast collecting and running a diecast store. He emphasizes the importance of collecting what you're passionate about and being responsible with your spending. The conversation also touches on the decline of NASCAR diecast and the rise of premium brands like Mini GT. RDDC Diecast Collectibles shares his experience as a diecast store owner and the challenges he faced in transitioning from his previous career. The hosts also discuss the importance of doing research and managing expectations in the hobby.

Small Channel Shout-Out: @Diecast or Die

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.

🌐Diecast Media Network is:
🚗 Mark Driven Dreams Org: @drivendreamsorg
🚙 David TWYCE Diecast: @twycediecast
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Great show as always guys! Thanks Mike! 👊❤

ricobobe
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Awesome episode. Really interesting to hear The shop owner's perspective.👍👍👍

diecastloonie
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Excellant episode gentlemen! Thank you for another awesome, informational episode!

mikesmodscustoms
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Great episode, this guy clearly knows his diecast and the hobby very well👍 There's just somethin very appealing about hotwheels to me, whether it's the fact that that are not true to scale, fun to hunt, or just the nostalgia 🤷‍♂️Great job fellas, and how bout that guest host😎👍

BullitTonyCustoms
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Thers a place in our mall that was the old Sears building and the top floor is now kind of a indoor swapmeet dedicated toto Hot Wheels and collectiables Ninja Exchange

KurbzGarage
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Mikes a cool guy thanks for sharing with us.

hatchkid