Bubble Magus Pricing

kien · #1 05-20-2010, 09:35 PM

So I've been following this thread because I found the topic quite interesting. After the last couple of posts I did some digging (just out of curiosity) and was quite confused by what I found.. AD lists the BM180CS for $399 retail while OC lists their BM180CS for $489 ?? Is that a typo ??

I'm just a little confused is all (but then that's usually a common state for me)

lastlight · #2 05-20-2010, 09:47 PM

Quote:

Originally Posted by kien

What?

sitandwatch · #3 05-20-2010, 10:01 PM

Quote:

Originally Posted by kien

So I've been following this thread because I found the topic quite interesting. After the last couple of posts I did some digging (just out of curiosity) and was quite confused by what I found.. AD lists the BM180CS for $399 retail while OC lists their BM180CS for $489 ?? Is that a typo ??

I'm just a little confused is all (but then that's usually a common state for me)

Later on in the thread it lists that the price went up another $50 so more like $449.00

And I think that was for a pre order promotion.

Oh and I need the popcorn icon

kien · #4 05-20-2010, 10:04 PM

Quote:

Originally Posted by sitandwatch

Later on in the thread it lists that the price went up another $50 so more like $449.00

And I think that was for a pre order promotion.

Oh and I need the popcorn icon

Actually, that $399 is the edited price with the +$50 factored in. Originally that post had the price lower. Plus this is the retail now if I'm not mistaken, as local retailers are using this as a price guide.

Edit: I reread this thread and Michael actually states that the MSRP/MAP for the BM180CS is $499, as opposed to the $399 that was in his original pricing thread. So confusing..

Quote:

Originally Posted by Ron99

Aqua Digital,

.. The BM180CS is $305 retail in China. blah blah blah blah... So why is MAP at $499? .

Zoaelite · #5 05-20-2010, 10:22 PM

Oh god I love vendor fights

Chowder · #6 05-20-2010, 10:43 PM

Chowder · #7 05-20-2010, 10:48 PM

Here's an interesting read on RC.

http://www.reefcentral.com/forums/sh...438511&page=65

StirCrazy · #8 05-20-2010, 11:10 PM

I have to agree with Ian on basicly everything.. although Aqua digital had found some nice products in other contries and had to forsite to get distrubitor rights, he has priced them out of the common persons reach for no reason.

way I see it, you can sell 10 products at a proffit of 150 each or sell 200 at a profit 20 each.. which one will make you more money?

as for losses during sea shipping, all containers are insured and yes it is common to lose containers but the purchaser doesn't lose money over this as the insurance company will make up the loss. we have to deal with the insurance company requirments all the time when searching containers for bad stuff. I should say had to as I don't do that anymore..

Steve

Aqua-Digital · #9 05-20-2010, 11:15 PM

Hi Steve,

I have to correct one important point here

WE Aqua Digital DID NOT set the MAP price, lets be very clear on this.

Bubble Magus approached us as to what we thought the best MAP price would be, this was then taken to their company owner who then passed it onto all other distribtuors, as of yesterday ALL distributors and Bubble Magus agreed on the price.

I dont mind having muck thrown at me when it is deserved, but in this case, no we did not set the price and have no control over the MAP price.

Only last week we sent a revised price list with adjusted prices and here is the reply.

quote

Hi Michael ,
The retail price (shop price ) ,we still use previous price ,not the new price whcih you sent it to me some days ago .(please change your retail price at once ,thanks )
Regards
Jason

2010-05-20
________________________________________
Jason

In regards to claiming losses from shipping, our insurance bill would be mammoth if we claimed for every crushed skimmer we got, in fact our policy has a $5000 deductable, so yes this is quite valid as it is classed as uninsurable losses.

DiverDude · #10 05-20-2010, 11:40 PM

This is classic.

A company (Buble-Magus in this case) develops a product and make it available for sale. After a while, customers are finding this to be a good thing at a damn good price. Word spreads throughout the community. At this point, product is being sold direct, on eBay, whatever it takes. Reputation is still below the radar though and most companies won't stock it.

Pretty soon, demand rises to a point where Bubble Magus realizes that they are losing out because their distribution isn't effective.

Around now, businesses are being asked for the product by the public and realize they can move units. Bubble-Magus is suddenly the hot, loose chick at the dance !

Now the problem becomes how to get rid of all the channels they had before the distributors came online.

Nothing new here; we're just watching the beginnings of a new company entering the market and we're seeing a few of the ugly truths of a market economy along the way. Most of us would be disgusted to learn how little it costs to make many of the products we buy every day but there's manufacturing costs, employee costs, insurance, distribution, warehousing, marketing, blah, blah, blah.

Of course, the guy at the LFS has to make some money on it too -and you should be happy that he does because if he didn't there wouldn't BE a LFS for you to run to when you needed it.

As a consumer, I always look for the best deal I can but I don't feel it's fair to berate businesses for working the system and trying to make a buck. Shop around; competition is good and makes sure that prices aren't inflated. In the end, speak with your wallet. If you can find something somewhere else for less and you're willing to wait , ship, etc. then go for it.