Vacuum Cleaners Discussions |
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Venson
Joined: Jul 23, 2007
Points: 1900
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Electrolux -- First Quarter 2008 . . .
Original Message Apr 29, 2008 10:31 am |
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Hi all, Following is a link to a news article regarding the up and down sides for Electrolux during this year's first quarter. http://www.centredaily.com/business/technology/story/553091.html Best, Venson
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CarmineD
Joined: Dec 31, 2007
Points: 5894
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Re: Electrolux -- First Quarter 2008 . . .
Reply #8 May 5, 2008 7:41 am |
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A vacuum is not on display in the home like the appliances that you mention. Those items are also considered as a status symbol by many. In addition they are usually expected to last many years without replacement, wheras a cheap vacuum will hold the consumer until finances are in better order. The fact that so many cheap vacs like Hoover and a few others is proof that most consumers could care less about the vacuums looks or performance. Besides so many hire a maid to run the vacuum and do not know if it is performing at max. HS:
This sounds an awful lot like you think price determines the sales of the vacuum products. When MOLE posted this a little while back you disagreed and rebutted with the fact that so many dysons are sold. Are you now having a change of heart/mine? Carmine D.
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CarmineD
Joined: Dec 31, 2007
Points: 5894
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Re: Electrolux -- First Quarter 2008 . . .
Reply #9 May 5, 2008 7:50 am |
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Hi Hardsell, I agree that there are those who do buy not just for service but to impress the neighbors as well. However, I think the larger part of everyday consumers are getting ready to pull their belts in a notch or two. I'm not much inclined to concern myself over what the neighbors think unless they want to contribute to the rent. No volunteers so far. Best, Venson
Hi Venson:
I agree that people are cutting back on many expenditures which ultimately affect the home decor and lifestyle. Just to pay gas and food coats. This impacts and affects manufacturers of high price, high end products like autos, appliances, clothes etc. We've seen some companies close, stores shuttered, and bankruptcy filings. Sure, there's more to come. I think AB Electrolux's intro in the USA is an uphill battle. The timing is bad. If the economy were hitting on all/most cylinders, the success would be more likely. But with the current economic environment, about the only thing the new appliances at BEST BUY will do is look good and need dusting every week. Now, if Kelly Rippa wants to accompany the BEST BUY delivery truck and installers to my house for my purchases, I might reconsider. Carmine D.
This message was modified May 5, 2008 by CarmineD
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HARDSELL
Joined: Aug 22, 2007
Points: 1293
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Re: Electrolux -- First Quarter 2008 . . .
Reply #11 May 5, 2008 9:11 am |
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Hi Venson: I agree that people are cutting back on many expenditures which ultimately affect the home decor and lifestyle. Just to pay gas and food coats. This impacts and affects manufacturers of high price, high end products like autos, appliances, clothes etc. We've seen some companies close, stores shuttered, and bankruptcy filings. Sure, there's more to come. I think AB Electrolux's intro in the USA is an uphill battle. The timing is bad. If the economy were hitting on all/most cylinders, the success would be more likely. But with the current economic environment, about the only thing the new appliances at BEST BUY will do is look good and need dusting every week. Now, if Kelly Rippa wants to accompany the BEST BUY delivery truck and installers to my house for my purchases, I might reconsider. Carmine D.
Carmine,
I think this answers your question about my thinking. If the economy is good the consumer will pay more for a vac.
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CarmineD
Joined: Dec 31, 2007
Points: 5894
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Re: Electrolux -- First Quarter 2008 . . .
Reply #12 May 5, 2008 1:21 pm |
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HS: I knew you would respond in that manner using my post. Thank you. I think Mole hit the nail on the head about vacuums and price. Most vacuum buyers go to big box stores to buy a vacuum that lasts a few years, then dispose and buy new again. Regardless of the state of the economy. Those who buy quality vacuums from independent vacuum stores will do so in good times/bad. Why? Because in bad times, they'll have the quality vacuum repaired and continue to use it. In good times, they'll buy another new quality vacuum by trading up/gifting away the old to a family member. Now for high priced vacuums in big box stores: In bad times: you got it. They ain't gonna sell. Dyson, electrolux, and whatever other brand you put into a big box store with a high price. Read halo! Carmine D.
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HARDSELL
Joined: Aug 22, 2007
Points: 1293
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Re: Electrolux -- First Quarter 2008 . . .
Reply #13 May 5, 2008 2:04 pm |
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HS: I knew you would respond in that manner using my post. Thank you. I think Mole hit the nail on the head about vacuums and price. Most vacuum buyers go to big box stores to buy a vacuum that lasts a few years, then dispose and buy new again. Regardless of the state of the economy. Those who buy quality vacuums from independent vacuum stores will do so in good times/bad. Why? Because in bad times, they'll have the quality vacuum repaired and continue to use it. In good times, they'll buy another new quality vacuum by trading up/gifting away the old to a family member. Now for high priced vacuums in big box stores: In bad times: you got it. They ain't gonna sell. Dyson, electrolux, and whatever other brand you put into a big box store with a high price. Read halo! Carmine D.
I know several Dyson owners who live in homes costing 1 - 2 Million $.
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CarmineD
Joined: Dec 31, 2007
Points: 5894
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Re: Electrolux -- First Quarter 2008 . . .
Reply #14 May 5, 2008 5:57 pm |
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I know several Dyson owners who live in homes costing 1 - 2 Million $.
HS:
I know several HOOVER and DIRT DEVIL vacuum owners too who live in expensive homes costing a million and more. And some persons who live in Section 8 housing who use and like dysons. It's irrelevant to "most buyers" who shop at the big box retailers who are cutting back now on high price purchases so they can buy food and gas and make their mortgage payments [read survive]. Big box retailers want to sell new vacuums every year. These are commonly called the disposable vacuums not the repairable ones. If vacuums sit on the shelf unsold, they take up space. Retailers NOW [read hard economic times and people not spending for high cost items] prefer less expensive vacuums that sell quickly. [Look at the big box retailers' advertised sales in the weeklies]. Not $500 plus vacuums that don't sell in the bad economic times at the big box stores. I said that a few posts up. Mole said it awhile back. You agreed with us. Hard not to. Common sense and real life. Carmine D.
This message was modified May 5, 2008 by CarmineD
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DysonInventsBig
Location: USA
Joined: Jul 31, 2007
Points: 1454
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Re: Electrolux -- First Quarter 2008 . . .
Reply #16 May 17, 2008 2:22 am |
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Motorhead
Joined: Nov 2, 2007
Points: 409
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Re: Electrolux -- First Quarter 2008 . . .
Reply #17 May 17, 2008 11:55 am |
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OH MY. There's going to be a lawsuit very soon, James is not going to let this one go. For anyone who doesn't remember the ReCyclone (a remanufactured DC02 that was around circa-1998), let me tell you about it. It was in fact the world's FIRST recycled vacuum cleaner; the ONLY new components were the cord, switch, and motor. The manual was printed on 100% recycled paper, the box was 100% recycled cardboard, and the machine was placed in a burlap bag within the box (no polystyrene packaging). Ironic that James could actually make his "green" vacuum, well, green, and Electrolux can only make it black. Get ready, folks, it's coming. There's gonna be a dustup in the old town tonight... -MH
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