Abby's Guide to Vacuum Cleaners
Username Password
Home Discussions Reviews More Guides
Abby’s Guide > Vacuum Cleaners > Discussions > Big Hit on the US/World Markets

Vacuum Cleaners Discussions

Search For:
CarmineD


Joined: Dec 31, 2007
Points: 5894

Big Hit on the US/World Markets
Original Message   Jan 21, 2008 2:11 pm
Early news reports in the USA are saying the London financial markets nosed dived today in the worse downturn ever.  This comes on the heels of a 4 percent drop in the Dow Jones Industrials last week alone.  Since today is a Federal Holiday in the US in observance of Dr. Martin Luther King the financial markets are closed.  Not sure what impact the London market fall will have on the US markets--have to wait to see.

What and how long will it take jaydee to realize that he needs to enter the low to middle price range vacuum market to stay competitive in the USA in the big box stores' venue?

Any news yet on the 2007 dyson sales? 

Carmine D.

This message was modified Jun 27, 2008 by CarmineD
Replies: 152 - 161 of 217Next page of topicsPreviousNextNext page of topicsAllView as Outline
CarmineD


Joined: Dec 31, 2007
Points: 5894

Re: Big Hit on the London Markets
Reply #152   May 8, 2008 6:48 am
DIB:

Sorry to hear you're not feeling yourself.  Does it have anything to do with the failure of dyson DC24/25 to launch on HSN?

Now, I'm kidding.

Carmine D.

DysonInventsBig


Location: USA
Joined: Jul 31, 2007
Points: 1454

Re: Big Hit on the London Markets
Reply #153   May 8, 2008 10:24 am
CarmineD wrote:
DIB:

Sorry to hear you're not feeling yourself.  Does it have anything to do with the failure of dyson DC24/25 to launch on HSN?

Now, I'm kidding.

Carmine D.



Carmine:  Thanks and yes! - Dyson’s “Failure to Launch” and/or failure to inform the public FULLY of the attributes of its new products (past product/s too) is certainly cause for ill.        DIB

This message was modified May 8, 2008 by DysonInventsBig



CarmineD


Joined: Dec 31, 2007
Points: 5894

Re: Big Hit on the London Markets
Reply #154   May 8, 2008 12:15 pm
DysonInventsBig wrote:

Carmine:  Thanks and yes! - Dyson’s “Failure to Launch” and/or failure to inform the public FULLY of the attributes of its new products (past product/s too) is certainly cause for ill.        DIB



DIB:

We'll have to expect some belt tightening and cutting back at dyson.  Why?  Because Mr. Dyson withdrew $289 Million US from the company.  That's an unusually exorbitant amount to withdraw at one time.  I don't accept the reasons provided: To save 8 percent in CGT; Have R&D money; and have cash flow for the new dyson school?  The latter is estimated at $25 Million.  For that much money in the UK, dyson can build a world class University.  These are high schoolers not PHD-s [yet].   R&D money is better served on the company books so the costs and expenses can be amortized over time/deducted from revenue.  If used for R&D, the CGT is a moot point.  The money isn't taxed because its funneled back into legitimate business expenses which eliminate the increase hit of the capital gains tax. 

I hear the words of Mole in distance:  Wait. Yes.  "The party's over."

Carmine D.

This message was modified May 8, 2008 by CarmineD
M00seUK


Joined: Aug 18, 2007
Points: 295

Re: Big Hit on the London Markets
Reply #155   May 8, 2008 3:16 pm
CarmineD wrote:
...and have cash flow for the new dyson school?  The latter is estimated at $25 Million.  For that much money in the UK, dyson can build a world class University...

Carmine D.


You need to correct your figures, old chap. The Dyson school is £56m GBP. ($109m USD)


http://www.thisisbath.co.uk/displayNode.jsp?nodeId=180730&command=displayContent&sourceNode=242079&contentPK=20244278&folderPk=89118&pNodeId=242076
This message was modified May 8, 2008 by M00seUK
CarmineD


Joined: Dec 31, 2007
Points: 5894

Re: Big Hit on the London Markets
Reply #156   May 8, 2008 3:38 pm
M00seUK wrote:
You need to correct your figures, old chap. The Dyson school is £56m GBP. ($109m USD)




Hello M00seUK:

Good golly old Miss Molly.  $109 Million US!! 

Thanks for the update.  

Carmine D. 

This message was modified May 8, 2008 by CarmineD
DysonInventsBig


Location: USA
Joined: Jul 31, 2007
Points: 1454

Re: Big Hit on the London Markets
Reply #157   May 8, 2008 5:12 pm
CarmineD wrote:
DIB:

We'll have to expect some belt tightening and cutting back at dyson.  Why?  Because Mr. Dyson withdrew $289 Million US from the company.  That's an unusually exorbitant amount to withdraw at one time.  I don't accept the reasons provided: To save 8 percent in CGT; Have R&D money; and have cash flow for the new dyson school?  The latter is estimated at $25 Million.  For that much money in the UK, dyson can build a world class University.  These are high schoolers not PHD-s [yet].   R&D money is better served on the company books so the costs and expenses can be amortized over time/deducted from revenue.  If used for R&D, the CGT is a moot point.  The money isn't taxed because its funneled back into legitimate business expenses which eliminate the increase hit of the capital gains tax. 

I hear the words of Mole in distance:  Wait. Yes.  "The party's over."

Carmine D.



The party's over?        DIB


M00seUK


Joined: Aug 18, 2007
Points: 295

Re: Big Hit on the London Markets
Reply #158   May 8, 2008 6:12 pm
I was reading that declared pre-tax profits have halved at Dyson in the last year. Although, James Dyson has always said he has resisted floating the company, as he doesn't like the idea of having to make profits every year to please shareholders and their dividends - he prefers the freedom to take risks, invest in R&D and look for a greater profit overall. Of course, there's still scope for the tide to turn - however, they have a healthy supply of new products, airblade and other possible spins off's in the works, are number no1 by sales value in virtually all the countries where it matters and sell at a comfortable margin. Where I'm standing, the operation appears to be standing on firm ground, at last for the foreseeable future.
DysonInventsBig


Location: USA
Joined: Jul 31, 2007
Points: 1454

Re: Big Hit on the London Markets
Reply #159   May 8, 2008 7:05 pm
Lucky1 wrote:
While most of you feel it is the unique Dyson Engineering that has attracted customers I strongly disagree. It is the first rate and quality Graphic Design and Marketing that is responsible for most of the Dyson success. Of course most people never realize how they have been manipulated or led (choose your word preference) into buying a Dyson or any other well marketed product.

M00seUK wrote:

The right idea, product or service is important - but how it's marketed is key to it's success. That's why good sales people can earn huge commissions on results; way above the 'backroom boys' who keep the business running. Dyson just uses the marketing mix to sell the idea and get as many people as possible to pay as much as they can afford towards getting it.

I bet they'd have a fraction of the sales they have at the moment, if James Dyson wasn't covering the 'small inventor done good' PR angle time and time again in the press and on TV.

Carmine wrote:

You must have seen the latest dyson brochure proclaiming the Asthma friendly certification.  2 pages of pics and narrative with scientists and engineers in white lab coats looking very serious and intent in their daily chores.  HAve to hand it to Mr. Dyson very impressive sales work.

Carmine D.

-------------------------------------------------------------------------------------

Guys,

Iona did $250 million in sales, selling Fantom’s in Canada and the U.S. in the first three years of operation, that’s around $300m in today’s dollars.  The Fantom Fury benefits (from the Fury infomercial) are listed below.

1) No potentially power robbing bags.

2) No bags to buy.

3)  Certified HEPA filter

4) It’s a 2 in 1 vacuum (hose and wand make this upright become canister-like).

The vacuum simply delivered on it’s promises.  No fancy graphics, no Dyson background story, no manipulation, just an inventor and a business taking advantage of missed opportunities…  offering new technologies to an antiquated commodity (the vacuum cleaner).        DIB

This message was modified May 8, 2008 by DysonInventsBig



CarmineD


Joined: Dec 31, 2007
Points: 5894

Re: Big Hit on the London Markets
Reply #160   May 8, 2008 7:21 pm
Hello DIB:

Do you know the average price of a new Fantom?  If so, do the math to come up with the sku-s [units] sold per year [on average].  Are you still impressed with the number of sales of the Fantom vacuums?  Do you see any around and still in use?

Carmine D.

This message was modified May 8, 2008 by CarmineD
Motorhead


Joined: Nov 2, 2007
Points: 409

Re: Big Hit on the London Markets
Reply #161   May 8, 2008 7:44 pm
Wasn't the 10-amp Fury $199 or so in 1995-96, and the Thunder (formerly the 11-amp Fantom) $249? 
Replies: 152 - 161 of 217Next page of topicsPreviousNextNext page of topicsAllView as Outline
Vacuum Cleaners Guide   •   Discussions  Reviews  
AbbysGuide.com   About Us   Terms of Use   Privacy Policy   Contact Us
Copyright 1998-2024 AbbysGuide.com. All rights reserved.