Malaysia Medal Collection, 28 Sept 2014

Medal Collection, 28 Sept 2014

Ironman Langkawi
Rimbayu Charity Run
Pink Charity Run
Larian Jambatan Sultan Mahmud
Larian SJ 10km (Top 20)

Law of Supply and demand apply to Registration Fees


The law of supply and demand defines the effect that the availability of a particular product and the desire (or demand) for that product has on price. Generally, if there is a low supply and a high demand, the price will be high. In contrast, the greater the supply and the lower the demand, the lower the price will be.

So, the situation here in Malaysia as below by my observation:

1) Supply Low- Demand Low. 70-80s, running not really popular in Malaysia yet, so the price that time are about RM10-30. Price Acceptable

2) Supply Low- Demand High. 90-00s, the demand of running event are increasing cause the price increase. RM40-RM50, High Price

3) Supply High - Demand High. Nowsday(2013-201x) This is the situation now in Malaysia. Every weeks, there a few event happened in Malaysia, so, logically the price should be lower since so many events in the market. But, in reality the price still sky HIGH. Why? It out of my mind, who can answer me??

4) Supply High - Demand Low. Near Future, the supply will be oversupply and in the mean time demand will lower. This is may cause by runners are frustrated with the unreasonable sky high price. They may swift to LSD themselves with group members better than spend money for running an event. 

So, as an organizer is time to think about it. You are promoting or Killing this healthy sport ??? 


Medal Depot Medal Manufacturer

Nice and unique design medal from Medal Depot

www.medaldepot.com.my

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KRI Annual Run Medal - Gold Bar shape

Ipoh International Run 2014 Medal

EnjoyPJ Run 2014 Medal

Pacesetters Anniversary Run 2014 Medal

JB IEM Engineer's Run 2014 Medal

Park Marathon 2014 Medal

Fist ever in Malaysia, Penang 100 Ultra Marathon Belt Buckle

Malaysia Medal Collection, 3 August 2014

Forward Oat King HM - Goh Thuan Lin
Music Wave Run- Alan Leong