Today we found ourselves in a position where we gave back seven DF65 Dragonforce yachts to our Ripmax rep. Nothing wrong with them, a superb entry level design of racing yacht, which the market sorely needed and is now a very popular bit of kit.
Why, you say..
Well, there is another importer, bypassing the official importer, getting crates of these things in and selling them on in big numbers, direct from the manufacturer in China, the advantage of being one of the original designers of the product no doubt. But here is the rub, despite having the selling advantage of being a big name in the hobby, the product is still being discounted below the official importers recommended selling price. now a little bit of healthy competition is never something to complain about, but we can only match these prices by cutting our own throats on any profits, what is the point of that really. There are many more products with a half decent mark up built in to help your local model shop stay open, so DF65s are now off the shelf. I am really annoyed that following various customers saying they went to this chap to save a tenner here and a tenner there, but do we have a length of dyneema cord cos he is currently out of stock!
A young regular customer of ours was in today, we had a chat about it, after it turned out he bought his DF65 from elsewhere, little realising he could have got it from us for a few quid more, but with our on-site knowledge base to tap into. And HE said that this is devaluing the own product, by taking advantage of his position in the design chain, he is undercutting everybody else who is using the Joysway Uk distributor. Now I know we are in a free market economy and all that jazz, but the product would support a tenner on his current pricing, it is a damn fine bit of kit. By putting a tenner on the price it would give all the small model shops around the UK a fighting chance to also put this product on the shelf and on the water, to the greater good of all. Instead, we have given almost all of ours back and will not be restocking when the last ones are gone. Same on the spare parts, better things to spend the money on. I wouldn't mind, but we have six groups in about a 25 mile radius using these models, virtually none buying the big ticket items, just servos and string!
I am annoyed in the extreme, the prices came down about six months ago, the V6 version was proving to have cured all the previous issues with the design, packaging looked excellent, the product was something I felt I could get behind as a quality bit of kit, we got a discount for a bulk purchase, BUT, still couldn't touch the direct import price. Better to just be done with it once and for all, pity really.
We have actually sold substantially more Graupner Titanics at nearly a thousand pounds each, in the last eight months..maybe yachties are just naturally tight
So Portsmouths local model shop is now done with Dragonforce yachts, sorry guys but you brought it on your selves.......