Originally Posted by Hunter67
John, I do understand your point...this has been said before, but I think some of M&Ks major problems were not being able to keep up production for the demand of their product(s) and no marketing what so ever.
Well, I hate to be skeptical, but *I* have been in similar situations before with other companies (or even myself!) and the problem is never too much demand, it's always lack of money to build stuff or suppliers that are reluctant to provide parts because of owed money combined with lack of money for marketing. IOW, not being able to supply product isn't because the demand has increased.
I just had one of those tempests were we actually did have "too much demand" for a little while and I managed to survive
My head was spinning as I tried to keep everything in stock and supplied so we could finish and get paid, but we did it. I'm pretty sure that M&K didn't suddenly have a such a huge spike in demand after that many years in business that it caused them to shut down. It's just a bit of spin, in reality. They're not the only ones. Meadowlark had to shut down, Dunlavy and other highly respected brands.
The real problem is that the diversity is being lost. What is being sold today? Inwalls. Lots of em. Plasma/LCDs suck up a HUGE amount of the "oxygen". Showrooms are dying. Installers just install what makes them the most money - cheaply built appliances. High-end shops race for the top of the mountain with "prestige" brands like B&W, Wilson, Krell, Focal, etc to squeeze more and more money from a smaller amount of people. That leaves many mid level or entry high-end brands who don't do custom, but are neither exotic nor mass market finding the $$$ sucked right out from underneath them. I feel bad for all involved, but if too much demand were the problem, they'd be able to make it work. The real problem is, in fact, the opposite.