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Blog Index June 15, 2008by Jim "The Amp Surgeon"
Price increase
Our previous price of $150 covered the cost of the parts, materials, and labor to build the
pedals, as well as a modest profit to help us build our company. When we decided to begin
test marketing our pedals through a local Northern California retail outlet, we initially
set the price at $150, just like our direct price. The retailer's cut of the sales price
effectively wiped out our profit, which meant we were basically breaking even on the pedals.
Obviously, that's not the proper way to run a business, so we had to increase the sales
price in order to provide a margin for the retailer.
One of the ground rules in any company that sells both wholesale and direct is that you
never undercut your retail partners. This means that we cannot sell our products direct to
our customers for less than our retailers are selling them for. If we did then no retailer
would want to carry our products. We have to charge the same price that we recommend our
retailers charge.
Our philosophy has always been to provide a good quality product at a fair price. We knew
we could have charged a lot more for the SuperFuzz, and still had no trouble selling
them. Some of our customers have told use they would have gladly paid twice as much for a
pedal that sounds as great and is built as well as the SuperFuzz. Naturally, we were
not happy about having to increase our prices, and we wanted to do something to compensate
our customers. So, we decided that we'll use the additional money we get at the higher
sales price to pay for the shipping charges, and we'll stop charging our direct sales
customers for shipping.
Effective immediately, shipping on all Wattson Classic Electronics products is FREE!
Of course, this only applies if you paid the new price for your pedal. Please don't email us
asking for a refund of your shipping fees if you bought your pedal at the original price.
June 1, 2008by Jim "The Amp Surgeon"
Price increase coming for the Wattson Classic SuperFuzz!
We've been test marketing the Wattson Classic SuperFuzz in local music
stores to see if the pedal was ready for sales through regular retail outlets.
We were surprised with the results, and so were the store operators. The pedals
have been selling as fast as we are able to deliver them.
So far, we've been selling the pedals in the stores for the same price as we've
been selling them for online. This means that the store's margins have been coming
out of the profits we would normally get on the pedals. What's left isn't even
enough to pay for the labor to build the pedals.
We want our pedals to be available through retailers, and we know that our customers
do too. It's normal to want to try out a product before putting down your cash. In
order to do this, we have to leave enough room in our pricing for the retailer to
make a fair profit, as well as leave a fair profit for us. Up until now, our pricing
structure has only taken our profits into account. This basically means that our customers
have been getting the pedals for the wholesale price.
So, starting on June 15th, 2008, the suggested retail price of the Wattson Classic SuperFuzz
will be $199 US. Since we don't want to unfairly compete with our retailers, the online
price for the SuperFuzz will also be increased to $199 US. The shipping charges will remain the
same. Since the retailers will be free to offer discounts, you may be able to get a
Wattson Classic SuperFuzz from a retailer for less than you can buy it from us
online. As an added bonus, you'll be able to try out the pedal in the store, you won't
have to pay any shipping charges, and you'll get to take the pedal home the same day!
So far, we have been working only with local music retailers in the Northern California
area. However, we plan to expand our capacity, and gradually begin offering our pedals
through retailers around the US, and eventually around the world.
You can still get a Wattson Classic SuperFuzz for the current price of $150 US, but
ONLY if you get your order in before midnight PST, June 15, 2008!
If you are a music retailer, and you think you might be interested in carrying the Wattson
Classic SuperFuzz, and other future Wattson Classic Electronics products, then send
us an email at info@wattson-fx.com.
Keep on playing! |
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Copyright (c)2008 Wattson Classic Electronics All Rights Reserved |
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