Uniti price hike

We are not questioning the price based on value or cost, everybody questioning 2 times price increase just after the release ( not a perfect one as well),  a 2 times price increase before you can see the product in a store more or less...

This is not how is done...

This is telling you something about how things going, to me at least. 

Hungryhalibut posted:

Hungryhalibut posted:

I don't think the Uniti range is in any way being 'thumbed down'.  I've heard the Atom and the Nova and they are really super. What is irking people is that the prices have risen very significantly so soon after launch. A sudden jump of nearly 10%, £400, is a lot of extra money to find when one was planning to purchase a Nova at the old price. It may be entirely justifiable, but that doesn't make it any less palatable. The 272, 250 and 552 have nothing to do with it. 

Less should, of course, be more, but I missed the editing window. 

There are also what are technically called Freudian slips.

As for the green text, I cannot see the need for this clarification (to me it had to do with my post), but I suppose that what is irking some people is being corrected when there wasn't (safe perhaps in the mind of those who love to correct) no need to be.

Anyway: I have a house, some savings, a Naim stereo system and no real boss to answer to, so I think I can celebrate my freedom posting, for the third and last time, this short, lovely piece of cinema:

M.

The money people at Naim must be laughing their b******s off when they read this thread.  They basically get to take the p*** a bit hiking up prices over and above any reasonable amount over the space of 12 months and the majority of you lot are making excusives for them and just because you can afford it and it is a quality piece of kit doesn't make it right.  Just because it is done with a bit of panache and is excused politely in amongst lots of intelligent sounding business jargon doesn't make it any more plausible.

 Would you be so ready to accept it if  Delboy popped up and said ' Well its the old fluctuating currencies and all that innit gov bit the old of Brexit an all that and dont forget you've got yer inverse elastic currency going on an all that know wot mean mate, it's a wonder it aint gone up double innit and don't you worry  this is a proper bit o gear this  is son not like that old chinese tat,  made right here in Great Britain that is mate, 24 Karat pure British engineering son.

It’ll be nothing compared to being taken to the cleaners by the great Marxist dream machine. Oh and you done have to buy Naim. Funny place this forum.

The devaluation of the Pound against the Dollar means your pound buys less imported materials to build your things with and since technological stuff and oil is priced in dollars, that hurts UK businesses.  You'd have to be monumentally 'Trigger' to not understand the implications.

Jota I'm not the smartest tool in the box by any stretch but  I do have some understanding of what you write about but 25% is too much in my view.

The price of everyday goods at supermarkets rose 2.3% in the three months to 26 March from a year ago, said Kantar Worldpanel, a sharp pick-up from the 0.2% food price inflation recorded in the 12 weeks to 1 January – the first time prices rose in more than two years.

The highest rise of any consumer goods was of flour which rose 8% in the past 12 months.

I appreciate that food isn't electronics but all the same some comparison can be made.

CJ1045 posted:

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

Don't forget the Dealer percentage that is built into the price. I believe it is usually between 35% to 50%.

Been following this thread... I think blaming currency conversion rates as seemingly the main justification of quite simply wincingly high price increases is facetious, and given the the recent increases in strength of the pound against most global currencies due to a mooted imminent interest rate rise would imply prices should now be coming down ... also there was a comment about salaries, I don’t know about the position of the poster who made the comment but many private sector companies are providing no pay rises at all, or below inflation rises and therefore in real terms pay cuts... and the same I understand in certain public sector salaries as well...

So sure Naim can do what they want, and even shoot them selves in the foot, but to blame seemingly  currency exchange rates as a means of increasing prices by the amount they have and now not reducing them for a specific product range that has had, let’s face it,  a troubled birth feels wrong to me... to me this points to poor commercial/financial accounting... so call the increases out but please don’t blame it on things that don’t bear scrutiny as it simply detracts credibility.

It’s also worth remembering that this may not have entirely been in Naim’s hands but those of their venture capital masters over the channel.

Bubbamike posted:

CJ1045 posted:

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

Don't forget the Dealer percentage that is built into the price. I believe it is usually between 35% to 50%.

That varies very much

Not unusual to have 50-70% margin

What world do some of you guys inhabit?

”the price hike is wrong”

The right price (for a business) is the price people are willing to pay. That’s capitalism, if you don’t like it (in the UK) you probably have a chance to do something about it politically for the first time since Michael Foot. 

If naim loose custom in the long term over this decision it will be the wrong price, but only time will tell. 

Wake up and smell the (over priced also I suppose) coffee. 

.sjb

Sloop John B posted:

What world do some of you guys inhabit?

”the price hike is wrong”

The right price (for a business) is the price people are willing to pay. That’s capitalism, if you don’t like it (in the UK) you probably have a chance to do something about it politically for the first time since Michael Foot. 

If naim loose custom in the long term over this decision it will be the wrong price, but only time will tell. 

Wake up and smell the (over priced also I suppose) coffee. 

 

.sjb

Yep, if you don't like the price then don't buy it. So far it seems market forces enable Naim to bump the price up. But there comes a point when you decide to look at cheaper alternatives. When enough folk do this then Naim will be faced with either reducing the price or coming up with something different that perhaps a new group of purchasers will consider.

I have heard from various sources that naim is working flatout at the moment to build these things, and that they have considerable backorders. Yes, of course, some of that will have been driven by the delays. But it seems that there is significant pent up demand out there. 

jon honeyball posted:

I have heard from various sources that naim is working flatout at the moment to build these things, and that they have considerable backorders. Yes, of course, some of that will have been driven by the delays. But it seems that there is significant pent up demand out there. 

Working around the clock in 3 shifts  to cope with demand, Im informed, although at some point that should subside.

Hungryhalibut posted:

Clive B posted:

Allante93 posted:

As the Demand goes up, the price goes up. Directly related! 

 

I think you'll find the relationship between price and demand is an inverse curve; demand falls as price increases.

This is where elasticity of demand comes in. House prices are only high because there is a supply shortage and high demand. So prices rise. But they can only go so far. Once they get too high and become unaffordable, demand falls and prices drop. So it's not an inverse curve. 

Wow, the Supply & Demand Curve at work!

Demand exceeds supply means opportunity to increase profits so the price goes up to restore the demand/supply equilibrium. Basic economics inelegantly covered up by the value of the pound explanation.

Naim's production facilities must be under close scrutiny as a shift to lower relative cost lifestyle products that are unobtrusive and sound good may be more profitable than the £5000+ black boxes that sell in much smaller quantities.

Jonn posted:

Demand exceeds supply means opportunity to increase profits so the price goes up to restore the demand/supply equilibrium. Basic economics inelegantly covered up by the value of the pound explanation.

{Naim's production facilities must be under close scrutiny as a shift to lower relative cost lifestyle products that are unobtrusive and sound good may be more profitable than the £5000+ black boxes that sell in much smaller quantities.}

Sometimes I wonder, how Julian would have handled this scenario.

Julian's last interview: 2012

"PM: How do you see the hi-fi scene today?

JV:   Technically speaking, one of the crucial things for hi-fi in the future will be about getting digital signals from A to B, and being able to recreate them sufficiently accurately when you've done that.

People have had a go at us in the past about putting the DACs in the same box as the disc mechanisms, but we do that because it's actually really, really difficult to take a digital signal from one place to another and not lose the time - not make it noisy, basically. (When people talk about jitter, it's essentially just noise on the signal.)"

As you pointed out John, not an easy call!

Allante93!

PS. Millennials/Digital life style vs Baby Boomers/Analog Black Box life style! 

I think I read you correctly?

What happens when your owned by beenies.

That said for those already owning and who did not stall with is it any better than this and that, that's the price of hesitation.

On the flip side they are more likely to stay put and not bother upgrading.

15yrs ago ish I bailed out when all the NAP500 type range started, Naim even trumped that price wise.

Can be dangerous, fell off my chair seeing the price of the new Focals, maybe Naim Finance department is Focals.

Then again if it's worth it then people (maybe sheep) will pay.

Bhaaaa

I was trying to upgrade to floorstanding Focals, UK dealer I went to said ordered due in 2 weeks, 2 weeks later told another 2 weeks, part way through dealer was kind and honest to say he felt Focal were deliberatel stalling ready for the October price hike, he told me 10%, to hear now it was 15% is taking the P.

I guess Naim did the same to the Uniti pre orders ?

Wonder if the Uniti delays were really just another rouse, again no doubt one big beenie ploy.

Bubbamike posted:

CJ1045 posted:

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

Don't forget the Dealer percentage that is built into the price. I believe it is usually between 35% to 50%.

I suspect any dealer hereabouts would be wide eyed staring at the concept of 35% to 50%. I suspect it is closer to 20%, less on the lower value items. 

Nope, 40%

Allante93 posted:

Sometimes I wonder, how Julian would have handled this scenario.

Julian's last interview: 2012

"PM: How do you see the hi-fi scene today?

 

JVs last interview in 2012?

Odd, I'm sure the funeral I attended was in early 2000

Jonn posted:

Nope, 40%

And you know that for certain how?

Not sure if this discussion over the price hike is going to change anything.

The real result won't be determined by a group of 30 people on this thread

Let's do the maths : 30 atoms * 400 GBP price increase = 12,000 GBP, not a material number at all.

Anyway how many on this thread are really customers of new Uniti range?

We all bought our systems ages ago, with no real plans to upgrade.

analogmusic posted:

Not sure if this discussion over the price hike is going to change anything.

The real result won't be determined by a group of 30 people on this thread

Let's do the maths : 30 atoms * 400 GBP price increase = 12,000 GBP, not a material number at all.

Anyway how many on this thread are really customers of new Uniti range?

We all bought our systems ages ago, with no real plans to upgrade.

 

Right you are!

But what else will talk about. LOL.....

Please indulge us, for informational purposes.

The Digital Age!

Linn Ceased it's analog 
pre-amp, I think.

Naim's Digital Pre-Amp

Streaming Pre-Amp (272)

Popular Middle of the road.

Kudos to John: excuse the pun!

Shift to lower relative cost lifestyle products that are unobtrusive and sound good!

All in one players:

Uniti Nova

Uniti Atom/ a la carte

Uniti Star = core + atom

Hard disk:

Uniti Core

I really don't have a clue, but is this the sign of the times?

Please correct my misunderstandings!

Anyone.

Thanks in Advance!

Allante93!

PS. Naim's High End:

NDS/HDX ????