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Kite Prices NORTH

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Created by harks98 > 9 months ago, 16 Oct 2008
harks98
NSW, 102 posts
16 Oct 2008 9:25PM
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The 9m is $200 more expensive than last years... What's the go?

2008 prices

9m $1699
12m $1899

2009 prices

9m $1899
12m $2075

That's almost a $400 difference on this 2 kite combo... that's stuffed the budget.


Ben De Jonge
WA, 819 posts
16 Oct 2008 6:33PM
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Inflation, Credit Crunch, fuel prices, brand cockiness...

Rebel
NSW, 165 posts
16 Oct 2008 9:35PM
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The wall ST crisis has left many companies with their pants down.

The Aussie dollar was so strong only a few months ago and now with all the commotion and shiz they have been forced to re-do their prices for 09 even tho they have been distributed. you mite get lucky

Reasons:
-Aussie Dollar
-Wall St crisis
-Recession

Kitehard
WA, 2782 posts
Site Sponsor
16 Oct 2008 10:33PM
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Hi Harks98,

Yep, it is the crashing Aussie Dollar. Prices on many of the brands have stayed stagnant at retail level for 2-3 years but prices on everything around you has been going up constantly, this was due to the strength of the aussie dollar against the greenback. Price rises were absorbed by importers and retail prices remained the same.

Now with the Aussie dollar losing more than 30% of it's value over the last 3 months, importers/distributors cannot maintain the same margins and make a living. So we get the price rises. Imagine, the kites now are costing 30% more for us to buy than they were 3 months ago.

I understand Naish, North, Slingshot, & Airush have all raised their prices last week and I'm sure others will follow. We have had to pass on the increase of our Airush gear this week for the first time.

Bummer! Pray the Aussie Dollar climbs back up to a reasonable level rather than languishing down around 65c US today.

Good winds,



Bertie
NSW, 1351 posts
17 Oct 2008 2:11AM
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when everyone was ordering this years kits/sails and the ozi $$ was good , the prices went up a bit coz of the sail material prices all went up across the board from the main cloth manufacturers.
Now the ozi $$ has taken a dive all gear that has to be ordered in fron OS will go up again.
so buy up now before then new-new gear arrives.

GreenPat
QLD, 4083 posts
17 Oct 2008 1:37AM
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Kitehard said...


Bummer! Pray the Aussie Dollar climbs back up to a reasonable level rather than languishing down around 65c US today.


While you're at it, see if you can get metal prices to go back up a bit. If the dollar strengthens and the metal prices stay the same then a lot of mines will have to shut down, and in a commodity based economy... Well that's one of the main contributors to the weak dollar in the first place now isn't it.

Actually, I'm not going to comment on things I have a very mediocre understanding of. As you were...

General
WA, 471 posts
17 Oct 2008 12:57AM
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Does this mean every one has to ride Australian branded kites this year

danza
NSW, 383 posts
17 Oct 2008 9:01AM
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Come on Matto splash that cash out on a new kite you will love it , but I must say with a recession on its way and kites going up in price people are only going to think twice about buying a new kite.

See you next week Matto.

Paul1
QLD, 1011 posts
17 Oct 2008 8:21AM
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Kitehard said...

Hi Harks98,

Yep, it is the crashing Aussie Dollar. Prices on many of the brands have stayed stagnant at retail level for 2-3 years but prices on everything around you has been going up constantly, this was due to the strength of the aussie dollar against the greenback. Price rises were absorbed by importers and retail prices remained the same.

Now with the Aussie dollar losing more than 30% of it's value over the last 3 months, importers/distributors cannot maintain the same margins and make a living. So we get the price rises. Imagine, the kites now are costing 30% more for us to buy than they were 3 months ago.

I understand Naish, North, Slingshot, & Airush have all raised their prices last week and I'm sure others will follow. We have had to pass on the increase of our Airush gear this week for the first time.

Bummer! Pray the Aussie Dollar climbs back up to a reasonable level rather than languishing down around 65c US today.

Good winds,






I import from China in USD$ and set my prices around the 80c mark, so obviously I gain when the dollar goes up to 98c and lose when it goes to 65c, but all in all it averages itself out.

2008 prices were obviously set when the dollar was around 80c, so why were we not paying less for our kit when the dollar rose to 98c, and kite importers were raking in the extra profit?

When the dollar recovers, will you be dropping prices, or will you be like the fuel companies and leave them where they are and cream off the extra profit?

Mr float
NSW, 3452 posts
17 Oct 2008 9:24AM
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Paul1 said...

Kitehard said...

Hi Harks98,

Yep, it is the crashing Aussie Dollar. Prices on many of the brands have stayed stagnant at retail level for 2-3 years but prices on everything around you has been going up constantly, this was due to the strength of the aussie dollar against the greenback. Price rises were absorbed by importers and retail prices remained the same.

Now with the Aussie dollar losing more than 30% of it's value over the last 3 months, importers/distributors cannot maintain the same margins and make a living. So we get the price rises. Imagine, the kites now are costing 30% more for us to buy than they were 3 months ago.

I understand Naish, North, Slingshot, & Airush have all raised their prices last week and I'm sure others will follow. We have had to pass on the increase of our Airush gear this week for the first time.

Bummer! Pray the Aussie Dollar climbs back up to a reasonable level rather than languishing down around 65c US today.

Good winds,






I import from China in USD$ and set my prices around the 80c mark, so obviously I gain when the dollar goes up to 98c and lose when it goes to 65c, but all in all it averages itself out.

2008 prices were obviously set when the dollar was around 80c, so why were we not paying less for our kit when the dollar rose to 98c, and kite importers were raking in the extra profit?

When the dollar recovers, will you be dropping prices, or will you be like the fuel companies and leave them where they are and cream off the extra profit?


or you will see competition sort it out

cRAZY Canuk
NSW, 2528 posts
17 Oct 2008 10:00AM
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Nice to hear north put there prices up again, they upped the prices when the gear first came out in August.

Card
QLD, 77 posts
17 Oct 2008 9:40AM
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General said...

Does this mean every one has to ride Australian branded kites this year


Na just Australian made boards..

Splaat
NSW, 131 posts
17 Oct 2008 11:42AM
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Hi, I am the Designer for GriffinKites.com.au an Australian kite company

re "General" post
Does this mean every one has to ride Australian branded kites this year

A griffin 2009 12m is still going for $1299 + 250 bar and lines [Edited out - apologies] and shops make more margin/profit on a griffin than most other brands so it should be a win win for all. This may sound like a plug, but people should know there are alternatives and Australian kite companies with better prices and just as good product are out there.

ok you flaming bastard brand bashers, bring it on!





BTW the Griffin came 4th in the World Speed Cup.





TOAD
NSW, 305 posts
17 Oct 2008 11:56AM
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Haven't heard much about Griffin kites ? Wouldn't mind finding out more ??????

Random
QLD, 68 posts
17 Oct 2008 10:56AM
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I have to agree with Paul, I seem to remember this time last year when the AUD had risen we were told that kite prices would not be reduced because kites were ordered ahead of time (over the winter). This is a very valid explanation if you look at the graph below of Winter 07. However look at Winter 08.

Who is picking up the cream from this...I don't know. But someone is!!





cRAZY Canuk
NSW, 2528 posts
17 Oct 2008 12:38PM
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Splaat said...


A griffin 2009 12m is still going for $1299 or less if you can squeeze the price down from your shop and shops make more margin/profit on a griffin than most other brands so it should be a win win for all. This may sound like a plug, but people should know there are alternatives and Australian kite companies with better prices and just as good product are out there.


Does that include the bar? If not what is the price of the Griffin bar (and what's it look like)

Bigwavedave
QLD, 2057 posts
17 Oct 2008 11:59AM
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A griffin 2009 12m is still going for $1299 or less if you can squeeze the price down from your shop and shops make more margin/profit on a griffin than most other brands so it should be a win win for all. This may sound like a plug, but people should know there are alternatives and Australian kite companies with better prices and just as good product are out there.


Funny how a wholesaler tells the punters to put pressure on the shops to cut their margin.

Wholesalers don't cut their margins when the retailers shop around!!!

Middle men make the money.

Methinks the next few months will be a buyer's market and it'll be the retail shops that feel the pinch the most. Buy local and keep small businesses operating.

NB....not affiliated with any brand or shop (any more)

loco4olas
NSW, 1516 posts
17 Oct 2008 1:05PM
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Splaat said...

Hi, I am the Designer for GriffinKites.com.au an Australian kite company



I thought they were Monkey kites? Aren't you affiliated with them? I thought the Griffin was Monkey's BOW model???????

Slightly confused-but that's normal............

Bigwavedave
QLD, 2057 posts
17 Oct 2008 12:07PM
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Griffin Kites is Monkey Kites-

see their website

Splaat
NSW, 131 posts
17 Oct 2008 1:18PM
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re:
cRAZY Canuk Bar post above

Bar is +$250 and comes with 20 + 5 m extensions
Ronstan swivel, auto a just turn when unhooked, ball tucks into side pocked to be out of the way, donkey kick also tucks into side pocket to be out of the way. Fist company with no center strut, first company with "Wrong way" on the wrong side of the bar. ok enough pluging from me.

Re prices
12m 1299 + 250 bar
9m 1199 (you can use the same bar)
Total $2748 includes 6 month warranty

compared to $3970 thats 1200+ difference in price (or another kite)

I don't want to brand spam, but this discussion is about price of kites, hence above.

Bar Pictures Here
http://www.griffinkites.com.au/image-gallery/343.html

Kite Detail Pictures Here
www.griffinkites.com.au/image-gallery/312.html

xshore
NSW, 267 posts
17 Oct 2008 1:20PM
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Splaat advertises his kites 12m for $1299 in a thread to make a comparison against North product.

Price Watch: Please be more up front and give the full price of $1299 + $280 + etc and the punters can add it up and compare.

To add: AS a wholesaler to suggest that the consumer should squeeze the shop down for better price. That is a great idea (as like it doesn't happen every day already) and hope you also offer that option for the retailers that you deal with so they can squeeze your wholesale price down and get at least a 100% profit margin for their hard work, overheads and risks of promoting another brand into the market place.

Remember retail is no monkey business as it takes a lot of hard work, dedication and effectiveness to suceed in the current kitesurfing market place.

Just my thoughts for consideration on this subject in this forum.

Regards

Glen

Splaat
NSW, 131 posts
17 Oct 2008 1:34PM
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re Glens post

I think we are one of the only companies where if some one orders from our website, we put the sale to the local shop in that area, so they make the sale and the customer can pick up the kite from the shop instead of keeping the sale for ourselves. I don't know of any other brand that supports the shops this way.

Re squeezing shops for a discount or some thing extra, [Apologies for saying this, I should'nt have, should have put it by my copywriter first] [edited]. Yes shops have it tough and we support them + most of the time they make more money out of supporting an AUSTRALIAN company with our kites than the more expensive ones from what I have seen.

We support the shops more than most other brands I believe.




meerkat
WA, 644 posts
17 Oct 2008 10:40AM
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Splaat said...


From
A griffin 2009 12m is still going for $1299......

to..
A griffin 2009 12m now going for 1299 + 250 bar


Crikey, talk about inflation? thats a $250 increase on one page alone!



Bigwavedave
QLD, 2057 posts
17 Oct 2008 12:52PM
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I think we are one of the only companies where if some one orders from our website, we put the sale to the local shop in that aria, so they make the sale and the customer can pick up the kite from the shop instead of keeping the sale for ourselves. I don't know of any other brand that supports the shops this way.


Wipika (M8) used to, Flexifoil do it now

Adrenalin Rush
QLD, 876 posts
17 Oct 2008 2:52PM
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Splaat said...

re Glens post

I think we are one of the only companies where if some one orders from our website, we put the sale to the local shop in that area, so they make the sale and the customer can pick up the kite from the shop instead of keeping the sale for ourselves. I don't know of any other brand that supports the shops this way.

Re squeezing shops for a discount or some thing extra, [Apologies for saying this, I should'nt have, should have put it by my copywriter first] [edited]. Yes shops have it tough and we support them + most of the time they make more money out of supporting an AUSTRALIAN company with our kites than the more expensive ones from what I have seen.









We support the shops more than most other brands I believe.









Ive obviously heard of Monkey kites and have had a couple of local guys over the years say they are the Monkey dealers for my area, however, you guys have never contacted our store to promote your gear.

My question is, why isnt there more detail to your marketing of Monkey kites in Australia? Ive heard little of the brand, no adverts or media attention in magazines etc.

When NEW kites were released there was a great amount of attention on tis forum and in the KB mag, and i believe the brand has a good following. It makes it hard for retailer / customers to support brands if we know nothing about the brand.

This is just a generalised question, I might have just missed all the good things about the brand and not realised that Monkey kites are a good quality, worth the money kite.

Joe

Kadkhah
WA, 381 posts
17 Oct 2008 4:20PM
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Kitehard said...
Bummer! Pray the Aussie Dollar climbs back ...


Main problem is that most of the people who should think to prevent from these financial melt downs are "praying" instead of thinking.


kitecrazzzy
WA, 2184 posts
17 Oct 2008 5:25PM
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Nah, NEW is an awesome product once you take your eye off the chicken loop that no one seems to be riding, one day people might notice this product maybe with the pressure on over seas companies that have to deal with the weak AU$ more people will give them a go.

It goes to show how little this forum makes a difference (doesn't surprise me)

burley
VIC, 132 posts
17 Oct 2008 8:35PM
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Funny how the kite prices didn't go down when the Aus dollar was so good [}:)]. Now everyone has an excuse to put the prices up, just you watch and see.

poor relative
WA, 9089 posts
17 Oct 2008 5:47PM
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Aren't all kites made overseas anyway?

kitecrazzzy
WA, 2184 posts
17 Oct 2008 6:03PM
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yer but some companies have their designers and brand owners in america and to fund their lifestyle you got to coff up a lot more dosh.

meh, AU$ going down was needed anyway. it made our products too expensive for other countries to buy so they didn't buy many things meaning we didn't have a good manufacturing industry (cheaper to get it from over seas and they couldn't sell to anyone). Also we can get more for all that grain we are about to export.



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"Kite Prices NORTH" started by harks98