Fall Promo - OF 2200 and MFK 700 routers

[Bob Marino]

  As mentioned, the Fall Promo  is a 10% discount on the OF 2200 and MFK 700 routers...AND ACCESSORIES!
The promo will run from October 1 until November 30, 2010. Way more info to come.

Bob

 

[bonesbr549]

  As mentioned, the Fall Promo  is a 10% discount on the OF 2200 and MFK 700 routers...AND ACCESSORIES!
The promo will run from October 1 until November 30, 2010. Way more info to come.

Bob

I fell wallet pain coming on

 

[tms0425]

Sounds good, but is there some love for OF 1400 (accessories at least)?

 

[Bob Marino]

Sounds good, but is there some love for OF 1400 (accessories at least)?

Oh, there's love, but that love seems to be flowing for the other two routers/accessories right now. Years ago, when the 1400 was introduced, there was the "Introductory Price" thing goin' on.

  Bob

 

[Bob Marino]

I fell wallet pain coming on

But that pain is going to be lessened by 10%

Bob

 

[nickao]

I really wish at this time I could afford this stuff, with the housing industry looking like it will take years to get back it just makes no sense to purchase a tool for 10% off. Not your fault Bob, but does 10% really entice anyone that would not normally want or need the tool anyway.

Hopefully business and the economy as a whole gets better so I can get some new Festools, regretfully it does not appear that will happen anytime soon.

I know 30%(which still puts the Festools way higher than other brands) would force my hand.  

I could use that OF 2200 right now and I am sure the application would be appreciated here. Maybe in the future who knows.   Wish I could buy that thing on time payments.  

 

[Bob Marino]

I really wish at this time I could afford this stuff, with the housing industry looking like it will take years to get back it just makes no sense to purchase a tool for 10% off. Not your fault Bob, but does 10% really entice anyone that would not normally want or need the tool anyway.

Hopefully business and the economy as a whole gets better so I can get some new Festools, regretfully it does not appear that will happen anytime soon.

I know 30%(which still puts the Festools way higher than other brands) would force my hand.  

Nick,

Actually, judging from the 10% TS saw and accessory promo, yes it does entice lots of people to buy. Nope, obviously not as "enticing" as a larger discount, but Festool tools  don't go on sale often and people do purchase more when given a discount, and $80.00 on that 2200 is good $$ saved.
I think that we are all hoping this economy turns around - not oo many folks arent in some way affected.

Bob

 

[nickao]

Well, hopefully you are making money on it.

Ever think of setting up a payment plan like Carvewright and some of the more expensive companies do?

The client makes payments and the tool is not sent until all the payments are received, with like a 6 month time limit or the seller keeps 10% for the trouble. Usually these plans are auto  pay on a credit or debit card for a min required payment, more can be paid any time by the purchaser also.

 

[NuggyBuggy]

I really wish at this time I could afford this stuff, with the housing industry looking like it will take years to get back it just makes no sense to purchase a tool for 10% off. Not your fault Bob, but does 10% really entice anyone that would not normally want or need the tool anyway.

10% makes a difference to (some of) us hobbyists.  I know with the TS/rail promotion I bought a few things I didn't need right away, only because I knew I'd probably want them sooner or later and I'd kick myself then.  A pro probably doesn't think like that.

I wonder, how much of Festool's North American sales are to pros and how many to hobbyists ?

 

[nickao]

Well on site I have been the only one I ever saw with Festools. I have said many times every time I bring them out about 90% of the crew never heard of them.

I am sure 10% makes a difference, but I did not think it would be enough at this time to push someone that wasn't already looking to buy Festool. I guess the retailers here would know more than me about it.

Like I said I hope they make the same amount of money, the mark up can't be very great on these tools.

 

[Bob Marino]

Well, hopefully you are making money on it.

Ever think of setting up a payment plan like Carvewright and some of the more expensive companies do?

The client makes payments and the tool is not sent until all the payments are received, with like a 6 month time limit or the seller keeps 10% for the trouble. Usually these plans are auto  pay on a credit or debit card for a min required payment, more can be paid any time by the purchaser also.

A lay away type thingeee? Can be considered.  Thanks.

Bob

 

[Neill]

Bob & Nick,

Frankly, I could never figure out the advantages to this layaway deal that many retailers offer.  You give them your money upfront interest free.  They then put it in the bank and earn money on it, pay their vendors etc.  And then if you cannot complete the transaction in the manner specified, they keep a portion of it for their trouble.  Oh, please.

And what happens to you if they go belly-up?  You become an unsecured creditor and will probably never see a penny.

The only advantage I could see is if you are able to lock in a low, sale price.

Neill

 

[Bob Marino]

Bob & Nick,

Frankly, I could never figure out the advantages to this layaway deal that many retailers offer.  You give them your money upfront interest free.  They then put it in the bank and earn money on it, pay their vendors etc.  And then if you cannot complete the transaction in the manner specified, they keep a portion of it for their trouble.  Oh, please.

And what happens to you if they go belly-up?  You become an unsecured creditor and will probably never see a penny.

The only advantage I could see is if you are able to lock in a low, sale price.

Neill

Neill,

Excellent points, well taken. I suppose/guess that layaways are more helpful for those looking to lock in a price and/or set up a "budget" of sorts for themselves. Never did  one, not sure.

Bob

 

[GreenGA]

Perhaps the OF2000 would work for you.  You could pickup one of those for about 1/2 of the OF2200.   [unsure]

I could use that OF 2200 right now and I am sure the application would be appreciated here. Maybe in the future who knows.

 

[Wood_Junkie]

The only advantage I could see is if you are able to lock in a low, sale price.

This is really the only *actual* advantage.

The perceived advantage is that somehow it is making it "easier" to pay.  In reality, you are paying a vendor to act as your savings account.  If you can pay a vendor $80 a month, you can sock $80 into a savings account.  After accumulating the appropriate amount, you purchase said item.  No need for the 10% surcharge.  It is simple a perception of paying, subsituted for fiscal discipline.

Layaway is another term for a "mortgage" on your item (tools, in this discussion).  Except you don't get them or get to use them until its fully paid, and you lose your money if you stop paying (and still don't get the item).

Sorry for the tangent "lecture", but I count these arrangements in the same category as payday loan stores, that act like they're doing you a favor.
In NO way is this directed at our excellent dealers on here.  If y'all arrange one, clearly it is for the pricing lock-in advantage, and in fact are doing a favor for buyers.  I'm referring to the institutionalized layaway places, rent-to-owns, department stores, etc...

Anyway, with this promo I hope the 2200 and MFK get a lot more exposure and usage.  
More users = more information and opinions = more interest = more users... and so on.

 

[nickao]

NO WAY!

Payday loans charge interest! More than 30%, this type if thing charges NO interest at all.

Perceived maybe, but many find it easier to do this than sock the money in a drawer, simply if there is nothing to save for the money gets pissed away on whatever.

Layaway plans are making huge comeback. For people with little cash flow it is the best way to get the money out of there hands and where they want it before they spend it on incidentals. If someone buys 10.00 in coffee a day it goes fast they don't notice it, If they send the money for a lay away plan they don't have the money in their pocket for incidentals. A buddy calls and says let's hit the bar, it's much easier if the money is not sitting around, he can tell his buddy he simply does not have the money right now, when in fact a secure source is holding it for him. Somewhere he has limited access to the money(which is the key), not a bank where he can get it in a second.

SO yeah you could lock in a price, but also try living with 6 kids and them hitting you up for 5.00 here and 10.00 there times 6, several times a week. Or the money can be sent away and dad can say oh sorry guys I am a bit light.

How we each perceive the world is that persons reality.

In a  forum like this where honestly most people are probably not hurting financially(at least I hope so) or they would be on harbor freight forum, possibly they can't wrap their head around a layaway or Christmas savings type plan. The income per person in this forum has to be WAY above the average Americans, I know mine is, still it is less than 2 years ago by a substantial margin.

PLUS, this is WAY better than putting it on a credit card and just letting it ride on a minimum payment for sure!

I have not used a credit card in 3 years and won't.

It was just an idea.

 

[zapdafish]

Dang, I woulda moved my tool budget around and picked up a 1400 but in the overall scheme it doesnt matter as my tool budget is still for a few other festool items, hehe

 

[Bob Marino]

Dang, I woulda moved my tool budget around and picked up a 1400 but in the overall scheme it doesnt matter as my tool budget is still for a few other festool items, hehe

This promo is for the 2200 and MFK router; not the 1400, so you are good!

Bob

 

[Kevin D.]

Wish the sale included the 1010.  I figure that the best seller is the 1400, then the 2200, and somewhere fighting for distant third are the 1010 and the 700.  Or am I totally wrong here?

 

[Bob Marino]

Wish the sale included the 1010.  I figure that the best seller is the 1400, then the 2200, and somewhere fighting for distant third are the 1010 and the 700.  Or am I totally wrong here?

I am not sure what the figures are, but would bet it's the 1400 - 1010 - 700 - 2200. And in a way, that makes sense in terms of appliactions.

Bob