Eagnas Prices

nadalfan!

nadalfan!

Professional
Anyone notice that eagnas' machine prices are going up little by little. The flex 940 is $419 whereas I bought mine for $399 or $450 shipped. The combo 910 hasn't changed in price but I think it will soon. The Eag-300 went up $50 from $350 to $399. So, what's up with the company????:confused:
 
The recent spike in oil prices could cause imported goods to be more expensive. Although oil prices have come down, the weak dollar also causes imports to cost more.
 
dancraig said:
The recent spike in oil prices could cause imported goods to be more expensive. Although oil prices have come down, the weak dollar also causes imports to cost more.
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Do you think he recent spike in oil prices are causing the oil prices to come down? Weak Dollar? Where have you been hiding? The dollar is getting stronger.

Irvin
 
Irvin said:
Do you think he recent spike in oil prices are causing the oil prices to come down? Weak Dollar? Where have you been hiding? The dollar is getting stronger.

Irvin
Click to expand...
Quick Economics Lesson
Eagnas, a major stringing machine manufacture has prices that were much much lower than other sellers. Making their product attractive, however when the time period where they were imported their goods to make their products were being shipped at that high oil price their prices stayed constant because they thought it was short term. However, they mass buy their goods in order to lower production costs normally. This therefore raised production costs because their variable costs, the different renewable resources used increased due to the increase in oil prices. Therefore, they still have product most likely from their last purchase at that higher price therefore they have to raise their price because they need to cover those costs to maintain revenue and ultimately profit. However, they are slowly upping their price to get to MC=MR, which is where Marginal Revenue=Marginal Costs, I don't feel like explaining what those mean but basically they are trying to get to a point where their sells aren't affected to the point where they are generating less revenue then before. This is a short capsule on economics and why they are forced to raise their prices.
 
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Daycrawler said:
Quick Economics Lesson
Eagnas, a major stringing machine manufacture has prices that were much much lower than other sellers. Making their product attractive, however when the time period where they were imported their goods to make their products were being shipped at that high oil price their prices stayed constant because they thought it was short term. However, they mass buy their goods in order to lower production costs normally. This therefore raised production costs because their variable costs, the different renewable resources used increased due to the increase in oil prices. Therefore, they still have product most likely from their last purchase at that higher price therefore they have to raise their price because they need to cover those costs to maintain revenue and ultimately profit. However, they are slowly upping their price to get to MR=MC, which is where Marginal Revenue=Marginal Costs, I don't feel like explaining what those mean but basically they are trying to get to a point where their sells aren't affected to the point where they are generating less revenue then before. This is a short capsule on economics and why they are forced to raise their prices.
Click to expand...

You lost me...:twisted:
 
Irvin said:
Do you think he recent spike in oil prices are causing the oil prices to come down? Weak Dollar? Where have you been hiding? The dollar is getting stronger.

Irvin
Click to expand...


Current item prices are based on the situation a few weeks or months ago. If oil prices stay down and the dollar continues to strengthen, we may see import prices come back down.
 
Daycrawler said:
Quick Economics Lesson
Eagnas, a major stringing machine manufacture has prices that were much much lower than other sellers. Making their product attractive, however when the time period where they were imported their goods to make their products were being shipped at that high oil price their prices stayed constant because they thought it was short term. However, they mass buy their goods in order to lower production costs normally. This therefore raised production costs because their variable costs, the different renewable resources used increased due to the increase in oil prices. Therefore, they still have product most likely from their last purchase at that higher price therefore they have to raise their price because they need to cover those costs to maintain revenue and ultimately profit. However, they are slowly upping their price to get to MR=MC, which is where Marginal Revenue=Marginal Costs, I don't feel like explaining what those mean but basically they are trying to get to a point where their sells aren't affected to the point where they are generating less revenue then before. This is a short capsule on economics and why they are forced to raise their prices.
Click to expand...

ROTFLMAO! Your insight, and apparent inside information regarding Eagnas' business, is simply amazing. Maybe you should apply for IP protection of your MR=MC equation. This is priceless. You just cannot teach this kind of stupid -- it is quite rare and obviously inbred over many generations. Does your family tree grow straight up? Viva MR=MC!

P.S. I think the visually impaired have already figured out how to deal with the small type and don't need your thoughtful assist.
 
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Il Mostro said:
ROTFLMAO! Your insight, and apparent inside information regarding Eagnas' business, is simply amazing. Maybe you should apply for IP protection of your MR=MC equation. This is priceless. You just cannot teach this kind of stupid -- it is quite rare and obviously inbred over many generations. Does your family tree grow straight up? Viva MR=MC!

P.S. I think the visually impaired have already figured out how to deal with the small type and don't need your thoughtful assist.
Click to expand...
The larger font was an accident I didn't know which font size was normalcy on this website. Second, Eagnas is a major business and many businesses follow the same general principles. The general principles of trying to lower overall costs. Sorry if this is a little advanced for your small mind but, the less you spend on product, the more you make. I don't appreciate your smartass remarks as they have no point on this topic. I was merely stating in economics terms and in economic theory my opinion on this matter. Your post however, had no revelance to this OP in anyway, shape or form. Therefore, I would ask that you would only post relevant, helpful things instead of attempting to tear down posters who try to help the OP. So please, grow up, lose the insults; and open an economics book before acting like you know ****. Also, stop using text/chat speech and learn how to spell out words. www.m-w.com if you need help spelling words that are longer than one syllable.
 
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it's true that high oil prices affect production costs and raw material prices, but i find it hard to believe that the guys at eagnas have bought large quantities of inputs at high prices. if they thought that prices were to be "permanently higher", that would make some sense, but it does not if they believed the shock in input prices was temporary.
 
Nightcrawler...LOL. You are digging a deeper hole of stupidity and ignorance with each word. Keep it up, because you are nothing short of hilarious. Please, please, please... teach us more. MR=MC Forever!
 
ferim said:
it's true that high oil prices affect production costs and raw material prices, but i find it hard to believe that the guys at eagnas have bought large quantities of inputs at high prices. if they thought that prices were to be "permanently higher", that would make some sense, but it does not if they believed the shock in input prices was temporary.
Click to expand...

It is really difficult to quantify why manufacturer prices go up -- it is not as logical as directly tying it to commodity, energy and transportation costs month to month or Q to Q. I own two moderate sized businesses with overseas production in various parts of the world. Whether I bring product into the USA via ocean or air, costs have steadily increased over the past five years. No long term downward dips. Moreover, there are certain times of the year when my costs are automatically bumped -- substantially and each and every year. Ground costs in the USA are the same; one direction and that is up.

I wish my shipping costs would correspond to the tanking of my stocks in materials, commodities, energy and transportation, but that equation hasn't played out either.

Some posts address currency exchange -- for products produced in PRC it is pretty much a moot point. The yuan (rmb) is a pegged currency and does not truly float against the dollar so, while the dollar may strengthen and weaken against the yen, euro and pound, it does not regularly fluctuate against the yuan.

I cannot wait to drop out and devote myself to tennis, and other equally satisfying pastimes, full time. The tennis resort in Pataya that was mentioned in the "Travel" forum is looking pretty good right now. Jomtien Beach, here I come. ;-)
 
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I totally agree. There are hundreds of factors interacting that affect pricing decisions. My posting was not intended to give an accurate assessment of any company since I don't have any info about costs, just pointing a weakness in post#7. I wish I could have the time and money to spend all my time playing tennis and travelling ...
 
Il Mostro said:
Nightcrawler...LOL. You are digging a deeper hole of stupidity and ignorance with each word. Keep it up, because you are nothing short of hilarious. Please, please, please... teach us more. MR=MC Forever!
Click to expand...
Sorry that I mixed that up, MC=MR I meant. Listen, It's late when I typed that and I made one simple error and didnt look it over. No need to be such an ass about it. Your the pompus type of *******s that think they are better than other people because they own a few businesses.
 
Daycrawler said:
Eagnas, a major stringing machine manufacture has prices that were much much lower than other sellers. Making their product attractive, however when the time period where they were imported their goods to make their products were being shipped at that high oil price their prices stayed constant because they thought it was short term. However, they mass buy their goods in order to lower production costs normally. This therefore raised production costs because their variable costs, the different renewable resources used increased due to the increase in oil prices. Therefore, they still have product most likely from their last purchase at that higher price therefore they have to raise their price because they need to cover those costs to maintain revenue and ultimately profit. However, they are slowly upping their price to get to MC=MR, which is where Marginal Revenue=Marginal Costs, I don't feel like explaining what those mean but basically they are trying to get to a point where their sells aren't affected to the point where they are generating less revenue then before. This is a short capsule on economics and why they are forced to raise their prices. [/SIZE]
Click to expand...

Oh, so you are saying since the oil prices were up two months ago and the dollar was down, the inventory they bought two months ago was more expensive and now they want to make all that money back.

Well if two months ago their costs went up why did they wait so long to raise their prices?

Let's assume you have 300 sets of string in stock and they cost you $5 a set. You order more stings every month and you call TW and the price now is $15 a set. Are you going to wait until all your lower costs strings are sold before you raise your price? Or will you immediately start charging your customers for the increase in string prices?

Wait two months and see if Eagnas' prices come down. lol

Most (not all) stringers are made in Asia. How many other machine prices do you see going up?

BTW, since Eagnas prices are now more in line with other manufacturers are you insinuating they are less attractive?

Irvin
 
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I bought my Eagnas Combo directly from Lily Lee for only USD 380, but then suddenly they increased the price really like crazy .....

you guys in US get a cheaper price from Maxline, while from Lily Lee the price of Combo 910 is more than USD 600 .....

buy I won't buy from Eagnas/Lily Lee anymore since they increased the price ...
 
Irvin said:
Oh, so you are saying since the oil prices were up two months ago and the dollar was down, the inventory they bought two months ago was more expensive and now they want to make all that money back.

Well if two months ago their costs went up why did they wait so long to raise their prices?

Let's assume you have 300 sets of string in stock and they cost you $5 a set. You order more stings every month and you call TW and the price now is $15 a set. Are you going to wait until all your lower costs strings are sold before you raise your price? Or will you immediately start charging your customers for the increase in string prices?

Wait two months and see if Eagnas' prices come down. lol

Most (not all) stringers are made in Asia. How many other machine prices do you see going up?

BTW, since Eagnas prices are now more in line with other manufacturers are you insinuating they are less attractive?

Irvin
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yes, I am insinuating that their machines are less attractive because of the price increase. A main attraction is price, if the price is low then people don't worry as much about the quality control. Eagnas/Maxline's quality control isn't the greatest. I love my machine but I can tell the difference in quality between my stringer and other brands, but it doesn't bother me because it works and the price sweetened the deal. My theory I also use the boiling water and the frog. The frog is the consumers while the boiling water is the price increase. If you put a frog in a pan of boiling water it will jump out right away, that is like them jacking the price up greatly at first sight of their costs increasing, the frog is consumers and consumers get away quick and consider other options. However, if one puts a frog in the water and slowly turns up the heat the frog won't jump out and will eventually die when it doesn't jump out when the temperature gets to boiling. This is like eagnas slowly raising prices to cover costs, as the make minimal price changes the frog or consumer doesn't really care/nor does it bother them too much. Eventually they will get to the boiling point or the price they need to maintain revenue and they have achieved it without losing business because they have steadily increased the price instead of a extreme hike. That's my theory at least, I don't have any inside information but it makes sense to me. If any further explanation is needed just respond., not comments from smartass Il Mostro are needed.
 
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