UK - 20% off all machines for the rest of the year?

Seeing that the price war has been started by the discounters, how about we take the game to them an

  • Yes, please take 20% off

    Votes: 26 76.5%
  • No, just price match

    Votes: 3 8.8%
  • Carry on selling at list price

    Votes: 5 14.7%

  • Total voters
    34

toolfest.co.uk

Festool Dealer
Member
Joined
Aug 3, 2010
Messages
654
Good Evening

Well it seems the discounters have got started and customers can now get from 10 to 15% off depending on the retailers advertised price and loyalty discount scheme. I'm considering an experiment as detailed above, what do you think?

Best regards

Warren
 
I dont know what you buy them for but cant imagine there is a great deal in it for you if you sell at 20% off.
 
Deansocial said:
I dont know what you buy them for but cant imagine there is a great deal in it for you if you sell at 20% off.

Dean they make a lot of money on Festool and Protool trust me! 

JMB
 
Warren it did not take long for you to blink [big grin] 25% sounds better [poke]
 
Nigel said:
Do you ship to France?  [tongue]

Hi Nigel

If you message me with your requirements I'll get one of my colleagues to get you a shipping quote, however we haven't decided about the disount yet!

Best regards

Warren
 
Festoolfootstool said:
Warren it did not take long for you to blink [big grin] 25% sounds better [poke]

Footstool

Blink, I don't even want to open my eyes at the moment.  [eek]

Anyone want to buy a Festool Dealership?  [wink]

Regards

Warren
 
Everyone needs to take all of this very slowly - no rash decisions.

I met a Chinese millionaire in Hong Kong who, 10 years before I met him, started selling watches from a tray around his neck. His business philosophy was 'if you can make even 1 cent on a deal then make the deal'. That is fine provided you are clever enough to be able to factor in all of your overheads. My friend ended up with 3 jewellery shops in Hong Kong, including one on the prestigious Victoria island.

I would caution the dealers reading this not to go into open battle with your fellows - there would be a lot of casualties. Until the market settles down, take each transaction on its merits and do your best at that time but remember to factor in your overheads. Selling 6 Kapexs in one week might make you feel good but at the end of the month when the telephone, heating, security, rent, shipping and staff bills come in you may not feel quite so chipper.

Peter
 
Did I miss something? I thought Festool didn't allow dealer discounts?  Did that recent fine mean dealers can start discounting now?
 
Ya it appears that's way it's going alright. I even suppliers here in Ireland selling the kapex for €100 less than normal even axminster have them reduced
 
Stone Message said:
Everyone needs to take all of this very slowly - no rash decisions.

I met a Chinese millionaire in Hong Kong who, 10 years before I met him, started selling watches from a tray around his neck. His business philosophy was 'if you can make even 1 cent on a deal then make the deal'. That is fine provided you are clever enough to be able to factor in all of your overheads. My friend ended up with 3 jewellery shops in Hong Kong, including one on the prestigious Victoria island.

I would caution the dealers reading this not to go into open battle with your fellows - there would be a lot of casualties. Until the market settles down, take each transaction on its merits and do your best at that time but remember to factor in your overheads. Selling 6 Kapexs in one week might make you feel good but at the end of the month when the telephone, heating, security, rent, shipping and staff bills come in you may not feel quite so chipper.

Peter

Its not as simple as you seem to think Peter ,With the huge amount of sales completed online without any person to person contact at all,the price on your website could break you.

especially when your shop is the size of a broom cupboard [blink], better to sell 6 kapex at -20% than none....

I know of a festool dealer not to far away from me who has happily supplied festools at better than 20% discount way before all this happened..

on a positive note 20% is nothing just need 20% more throughput [tongue]
 
Stone Message said:
Everyone needs to take all of this very slowly - no rash decisions.

I met a Chinese millionaire in Hong Kong who, 10 years before I met him, started selling watches from a tray around his neck. His business philosophy was 'if you can make even 1 cent on a deal then make the deal'. That is fine provided you are clever enough to be able to factor in all of your overheads. My friend ended up with 3 jewellery shops in Hong Kong, including one on the prestigious Victoria island.

I would caution the dealers reading this not to go into open battle with your fellows - there would be a lot of casualties. Until the market settles down, take each transaction on its merits and do your best at that time but remember to factor in your overheads. Selling 6 Kapexs in one week might make you feel good but at the end of the month when the telephone, heating, security, rent, shipping and staff bills come in you may not feel quite so chipper.

Peter

Ahh but the potential expansion of Festool because of this is enormous.

Imagine a 25% or more reduction - Makita,Bosch and Dewalt etc would start to look expensive and people who have looked at Festool and said 'no way am I paying that for a sawsanderrouterdrill' would look again. I know there are people that say that because I used to be one  [wink]. The dealers might be overloaded with orders and Festool may have to increase production,take more market share and eventually they might take over the world  [eek].
 
Nigel said:
Stone Message said:
Everyone needs to take all of this very slowly - no rash decisions.

I met a Chinese millionaire in Hong Kong who, 10 years before I met him, started selling watches from a tray around his neck. His business philosophy was 'if you can make even 1 cent on a deal then make the deal'. That is fine provided you are clever enough to be able to factor in all of your overheads. My friend ended up with 3 jewellery shops in Hong Kong, including one on the prestigious Victoria island.

I would caution the dealers reading this not to go into open battle with your fellows - there would be a lot of casualties. Until the market settles down, take each transaction on its merits and do your best at that time but remember to factor in your overheads. Selling 6 Kapexs in one week might make you feel good but at the end of the month when the telephone, heating, security, rent, shipping and staff bills come in you may not feel quite so chipper.

Peter

Ahh but the potential expansion of Festool because of this is enormous.

Imagine a 25% or more reduction - Makita,Bosch and Dewalt etc would start to look expensive and people who have looked at Festool and said 'no way am I paying that for a sawsanderrouterdrill' would look again. I know there are people that say that because I used to be one  [wink]. The dealers might be overloaded with orders and Festool may have to increase production,take more market share and eventually they might take over the world  [eek].

They would need at least a 50% discount to even match the Dewalt etc tools...

john...
 
Aye John but they're so much better.....that's why we've paying 50% more for them as you say.
 
I agree they are better than Dewalt etc, but i dont think they are worth more than double the price..

John...
 
galwaydude18 said:
I definetly reckon they are worth a lot more than dewalt!

Okay Dewalt is a bad example  [big grin] What about Bosch and Makita? do you think they are worth double there prices?

John..
 
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