Uniti price hike

Posted by: Jonn on 02 October 2017

Uniti range hits the market with a 10% price rise as of today. Something to do with the global economy and the state of the pound. Got to protect the profit margin don't you know.

 

Posted on: 04 October 2017 by Ardbeg10y

It is not just suppliers etc... I see no mention of salaries in this post and as being an employer I know that salaries raise too these days. Its a shame, but true. Since Naim is quite dependent on labour-intensive work, it is a significant thing.

I do understand these price increases however I'd like to have a Naim for the price of a Sony too ...

Posted on: 04 October 2017 by Leon Wadsworth

So glad I took the leap of faith when I did but would have happily paid £4.5k now in hindsight.  Can’t blame naim either for the state of economic turmoil.

 

 

Posted on: 04 October 2017 by hungryhalibut
Ardbeg10y posted:

It is not just suppliers etc... I see no mention of salaries in this post and as being an employer I know that salaries raise too these days. Its a shame, but true. Since Naim is quite dependent on labour-intensive work, it is a significant thing.

I do understand these price increases however I'd like to have a Naim for the price of a Sony too ...

It’s a shame that salaries rise? Really? Should workers eat stale bread and turnips?

Posted on: 04 October 2017 by The Strat (Fender)
Hungryhalibut posted:
 
Should workers eat stale bread and turnips?

Only if if they vote Labour

Posted on: 04 October 2017 by Ardbeg10y

And half of the hipster community is eating stale bread and turnips whilst listening to tortured LP's on Crosley's.

Posted on: 04 October 2017 by MarkMcK79

And yet here we are getting ready to celebrate the 2nd birthday of a public FW for streaming devices that still doesn't work properly and is incompatible with these new devices.

Will definitely be looking elsewhere when the time to upgrade arrives...

Posted on: 04 October 2017 by analogmusic

ok having thought about it calmly - I think it's ok.

It doesn't really matter to me, as from the start for me personally I was always customer/fan/enthusiast of the the Naim separates Pre/power amplifiers and other than a move to a 552/500 someday, I am ok where I am today.

It isn't an ideal situation, but hey ho, life will go on.

Enjoying the music. I think it's very important that Naim is able to sell enough products at sufficient profit margins to be able to last for another 100 years

Posted on: 04 October 2017 by Emre
Richard Dane posted:

Duncan,

Mu-So I'm sure is very different - I don't know the details here, hence why in my post above I talk about "Salisbury built" electronics.

Naim makes least money (margin) on Export sales, so I doubt that they would be prioritising export sales to make more money.

You can believe or not believe whatever you like - I'm just trying to get some facts across as I see them.  Just to clarify - I'm like you, outside looking in.  There is possibly a small degree of speculation of course, but because I used to work for Naim at the factory I do have certain insights as to how the company works.  And what I don't know I can usually ask about - and get a straight answer. 

Regarding quoting a post, just click on  "Take Action" and scroll down to "Reply With Quote".  You will then be presented with a dialog box with the previous poster's text in a grey bubble under which you can type your post.  Please be sparing though - quoting can get very tedious if not pared back properly.  Multiple quotes of quotes do not translate well on mobile devices.

" how the company works " or maybe used to work... 

Increasing price with an encouragment of short term hikes in demand or wrong cost accounting in the first place, are both  worrying  management signals that makes long time loyal customers think about the brand/company.

i think all our " fan boy " commentary is about our excessive ownership of the brand and its strategy, otherwise why i am reading this section? i am not in the market for the range at all.... but tells me something about the company. 

I like to see Naim prosper in long term and have the products that i will continue to enjoy without losing its core values ( best quality /  slower product cycle / line quality rather then quantity / customer care / innovation etc.) 

Like 372 or 572 for example... please.... 

Posted on: 04 October 2017 by CJ1045

What is missing from the currency movement justification on the price hike is that only a small proportion of the cost of the kit is the parts themselves. Far bigger is the proportion that is the wages and the cost of running the factory. So when you look at how much the currency has moved then you need to take a small proportion of this to apply to the price.

CJ

Posted on: 05 October 2017 by Timmo1341
analogmusic posted:

ok having thought about it calmly - I think it's ok.

It doesn't really matter to me, as from the start for me personally I was always customer/fan/enthusiast of the the Naim separates Pre/power amplifiers and other than a move to a 552/500 someday, I am ok where I am today.

It isn't an ideal situation, but hey ho, life will go on.

Enjoying the music. I think it's very important that Naim is able to sell enough products at sufficient profit margins to be able to last for another 100 years

So pleased you're alright Jack. 

Posted on: 05 October 2017 by analogmusic

You misunderstood

as Richard Dane said Naim needs to have a sustainable future

after all whose going to service our amplifiers every 10 years ?

lots of companies close down and I hope this never happens to a number of fine great British hi fi companies Naim Linn Chord cables Chord electronics Kudos Neat Atc Pmc Vertere B&W Roksan Cambridge Audio Cyrus and many others .... Proac Kef Arcam 

God Bless British Hi Fi

Posted on: 05 October 2017 by analogmusic

I also wanted to mention DCS 

Naim kit is still priced very attractively for the amount of musicality they offer

Posted on: 05 October 2017 by robert-

Is it not just that the owners of naim audio want more money, profit, cash, call it what you want. 

Shop with your feet. 

Posted on: 05 October 2017 by analogmusic

at their new prices, you still won't find hi-fi kit as good as the new Uniti range

and the business seems (to me as an outsider) to have taken a big blow financially as they could not make sales but still have to pay salaries and keep the factory operating. I doubt very much if any profits were made this year.

Anyway to me Richard Dane's explanation makes sense.

It won't soften the financial blow though to buyers, who have every right to feel upset.

 

Posted on: 05 October 2017 by hungryhalibut
robert- posted:

Shop with your feet. 

Buy shoes, not Unitis. 

Posted on: 05 October 2017 by Mike-B

These are £3795,  but unlike Naim you get two for that price

Posted on: 05 October 2017 by hungryhalibut

They are very dapper I must say. Now I know why you need to make your own wires. 

Posted on: 05 October 2017 by analogmusic

We've been through many times, the big stress (for most) before the BIG credit card swipe, and then the years of enjoyment of music from our Naim kit... Nothing new

Posted on: 05 October 2017 by dave-mac

There are two camps - those who got in early and welcome the increase, and those who were planning on buying so are obviously p!ssed. Personally, I think it's ridiculous and won't be buying (was going to go for a nova / aria combo). The money I was going to use has already been spent this morning on alternative gear

Posted on: 05 October 2017 by robert-

Just going by today's exchange rate. 

The difference is €448.55 and that's before the Irish dealers put their mark up on it.

Launch price £1600, now £2000.

 

Posted on: 05 October 2017 by analogmusic

so what did you buy? always good to know what's out there as good as Naim

Posted on: 05 October 2017 by Gazza

I got in early and still not welcome the increase, Naim can offer any excuse they like.........very , very poor launch, pricing from start to finish, and the products still have bugs.

Posted on: 05 October 2017 by dave-mac
analogmusic posted:

so what did you buy? always good to know what's out there as good as Naim

A pair of Dynaudio monitors for my studio, along with some new hardware and software. Going to be a busy and fun weekend!

Posted on: 05 October 2017 by analogmusic

well Dynaudio speakers are very nice indeed I got 2 pairs myself, enjoy the music

Posted on: 05 October 2017 by YiannisK

Just out of curiosity, when are these price increases happening in the UK? I just checked online and can see that all uniti prices are still listed at the pre-increase levels.

Cheers