|
Post by jmoose on Mar 31, 2021 18:14:17 GMT -6
Fender guitars have risen 35% since then and paper towel prices have doubled. That's since covid. It could be real or just gouging, or a little of both, but it does suck. Lots of companies like Fender & Martin are completely back ordered and have been for a long time. There's a great, kinda large mom & pop shop about 15 minutes away from me. Was in there yesterday and they're still waiting on guitars they ordered at the January 20 NAMM show. Been getting one or two guitars a month from Marin since last summer. Fender isn't much better. Store has a couple Tele's on hand but like, if you want a specific color..? Last year I waited a long while for my SSL X desk. Got to the point where my guy at Sweetwater was giving me weekly updates...
|
|
|
Post by M57 on Mar 31, 2021 18:29:08 GMT -6
Inflation is under 2% these days ( here too) and is projected to stay that way, at least for the next few years. Historically (1960-present) the mean inflation rate has been 3.72%. Back out the 70's and 80's and it's 2.42%. Interest rates are also at historically low levels. The Fed has been loaning banks money for nothing, which is causing a different set of problems these days. On the other hand real estate has skyrocketed in the last decade, which may seem really out of whack, but if you look at a graph of real estate prices over the last 50 years or so and account for the dramatic dip in prices in the crash of 2008, prices are more or less where they should be, rising at something like 5 or 6% per year on average. I agree with a lot of folks here that some if not most of these spikes are caused by things like Brexit and Covid, and not larger market forces.
|
|
|
Post by indiehouse on Mar 31, 2021 18:38:11 GMT -6
The question I have, is will these prices go back down? Take UAD for example. They raised their prices by like what, 4-500 dollars? And if people are still buying these up, why would they be motivated to decrease their prices?
|
|
|
Post by nick8801 on Mar 31, 2021 18:42:34 GMT -6
I don’t think I’ve ever seen a brand lower it’s prices once they have gone up.
|
|
|
Post by ehrenebbage on Mar 31, 2021 19:31:28 GMT -6
I bought a pair in early December and they didn't show up until mid February because they were so backed up. I don't think they're hurting for demand. I'm not an expert in global economics but I'd imagine that this particular combination of events justifies a price hike.
On a side note, I don't think I'll ever sell these speakers.
|
|
|
Post by M57 on Apr 1, 2021 5:42:38 GMT -6
The question I have, is will these prices go back down? Take UAD for example. They raised their prices by like what, 4-500 dollars? And if people are still buying these up, why would they be motivated to decrease their prices? That's micro-economics.. I'd have to get out my college notes, but if at some point they determine that by selling more units at a lower price they will make more money, the price should go down. I seem to remember a graph with two lines, and the intersection of those lines is where you maximize profits. Of course there are a number of factors at play, and a big one is competition. Without competition, they can bully the price. If the current spike in price is a result of temporary market forces, once those forces no longer are in play and the competition puts downward pressure on one of those lines, you would think it would be in their best interests to move the price back down. Maintaining market share is hugely important.
|
|
|
Post by nick8801 on Apr 1, 2021 6:21:18 GMT -6
I bought a pair in early December and they didn't show up until mid February because they were so backed up. I don't think they're hurting for demand. I'm not an expert in global economics but I'd imagine that this particular combination of events justifies a price hike. On a side note, I don't think I'll ever sell these speakers. That’s about when I bought mine as well. Mine came at the end of January. Which model did you get?
|
|
|
Post by ehrenebbage on Apr 1, 2021 7:02:12 GMT -6
I bought a pair in early December and they didn't show up until mid February because they were so backed up. I don't think they're hurting for demand. I'm not an expert in global economics but I'd imagine that this particular combination of events justifies a price hike. On a side note, I don't think I'll ever sell these speakers. That’s about when I bought mine as well. Mine came at the end of January. Which model did you get? Interesting. I got the 50's. You? I ordered Soundanchors the same day as I did the ATC's and they didn't show up until March.
|
|
|
Post by nick8801 on Apr 1, 2021 7:55:40 GMT -6
That’s about when I bought mine as well. Mine came at the end of January. Which model did you get? Interesting. I got the 50's. You? I ordered Soundanchors the same day as I did the ATC's and they didn't show up until March. Congrats! Those are killer speakers! I just got the 12's. Perfect for my little room.
|
|
|
Post by Martin John Butler on Apr 1, 2021 8:01:02 GMT -6
I doubt prices will get lower. The only time I've seen that happen is when a new model is coming soon and they want to dump the soon to be previous version.
|
|
ericn
Temp
Balance Engineer
Posts: 14,934
Member is Online
|
Post by ericn on Apr 1, 2021 9:42:24 GMT -6
The question I have, is will these prices go back down? Take UAD for example. They raised their prices by like what, 4-500 dollars? And if people are still buying these up, why would they be motivated to decrease their prices? The prices probably won’t go down. Nobody likes a price increase ask any manufacturer. They have probably held their prices through a bunch of other cost increases that ate margin. It usually takes a lot to get a manufacturer to raise the price. Some manufacturers have cut prices when they saw a significant long term cost cut, JBL, AKG, Sony and DBX all did it.
|
|
|
Post by donr on Apr 1, 2021 9:55:20 GMT -6
You guys ever pay $9 for a dang Doug Fir 8’ 2x4 stud?! It’s freaking nuts right now. I snuck into the housing market right before the rise in prices but my current renovation is kind of killing me. Yeah, crazy. Built a new deck last summer, I probably wouldn't right now.
|
|
|
Post by Johnkenn on Apr 1, 2021 10:07:41 GMT -6
The question I have, is will these prices go back down? Take UAD for example. They raised their prices by like what, 4-500 dollars? And if people are still buying these up, why would they be motivated to decrease their prices? Prices never go down
|
|
|
Post by indiehouse on Apr 1, 2021 10:24:14 GMT -6
I was hoping to check out the 20’s eventually, but not at $7k.
|
|
ericn
Temp
Balance Engineer
Posts: 14,934
Member is Online
|
Post by ericn on Apr 1, 2021 10:34:19 GMT -6
I was hoping to check out the 20’s eventually, but not at $7k. Yeah but we are probably talking about the only actual 2 way that can make the claim that’s what’s inside is worth $7K.
|
|
|
Post by ehrenebbage on Apr 1, 2021 12:15:13 GMT -6
Interesting. I got the 50's. You? I ordered Soundanchors the same day as I did the ATC's and they didn't show up until March. Congrats! Those are killer speakers! I just got the 12's. Perfect for my little room. Thanks, and likewise! The ATC character is quite consistent through their whole line...I wanted something a bit larger because my room is on the big side, but I'd be happy working on any of theirs.
|
|
|
Post by Pueblo Audio on Apr 1, 2021 14:30:02 GMT -6
Anything with metal (particular copper) in it has inflated 15-20%. And that’s the wholesale price to manufacturers!
I wish it could be otherwise, but those costs must unavoidably be passed down to the consumer (sigh).
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Apr 1, 2021 14:37:57 GMT -6
I was hoping to check out the 20’s eventually, but not at $7k. Yeah but we are probably talking about the only actual 2 way that can make the claim that’s what’s inside is worth $7K. The only other two ways even competitive with them are the Quested V2108 with the overkill amps and the Soundsmith Monarch speakers with the French Davis woofer and house made tweeter with the light bulb fuse.
|
|
|
Post by the other mark williams on Apr 1, 2021 14:45:42 GMT -6
I was hoping to check out the 20’s eventually, but not at $7k. Same here.
|
|