I know the Kuro's were known to be the best, why did they fold?
post #1 of 72
7/7/11 at 10:13pm
Competitive prices? Are you talking about their 2008 displays that haven't been surpassed in performance in 2011 and most likely still won't be in 2012? I'd say their pricing was rather low for the type of tech they were selling. The problem was and still is, people want something for nothing and that is why Vizio is doing so well. Junk sets, but they are big AND cheap. And THAT is what the average Joe REALLY wants. They can then brag to their friends they just bought a 50" "flat screen."
Sorry but this makes little sense to me. The job of a producer/seller is to make and sell what people want and are willing to pay for. Further, the argument that people want something for nothing doesn't hold up in a marketplace where plenty of people are plunking down $2k - $3k for televisions. That's not "Wal-mart cheap".
If Porsche ever goes out of business I really doubt you'll hear a bunch of analysts simply say "Joe Sixpack only wanted something cheap and should be blamed for not recognizing the superiority of Porsche".
Blaming the customer or simply expecting them to buy what you want to make rarely works. If you want the customer's money you better figure out what they are willing to pay for and then figure out how you can make a profit making it and selling it.