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Author Topic: turbosound  (Read 14094 times)

Tim McCulloch

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Re: turbosound
« Reply #10 on: March 27, 2014, 03:00:59 PM »

they didn't mess up Midas to baddly

It depends on what one considers "mess up."  Music Group dropped prices on much of the Midas line by 30%.  That creates a real loss of value for owners looking to sell or for providers who quote rental prices as a percentage of new cost.  Both are examples of lowering costs also lowering revenue.  Not good.
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Frances Fisher

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Re: turbosound
« Reply #11 on: March 27, 2014, 03:11:25 PM »

It depends on what one considers "mess up."  Music Group dropped prices on much of the Midas line by 30%.  That creates a real loss of value for owners looking to sell or for providers who quote rental prices as a percentage of new cost.  Both are examples of lowering costs also lowering revenue.  Not good.
but the brand itself retained integrity and moved into the modern market
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Tim McCulloch

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Re: turbosound
« Reply #12 on: March 27, 2014, 03:12:30 PM »

Never mind...
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"If you're passing on your way, from Palm Springs to L.A., Give a wave to good ol' Dave, Say hello to progress and goodbye to the Moonlight Motor Inn." - Steve Spurgin, Moonlight Motor Inn

James A. Griffin

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Re: turbosound
« Reply #13 on: March 27, 2014, 05:30:45 PM »

Never mind...

You say it best when you say nothing at all.

;-)
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Frances Fisher

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Re: turbosound
« Reply #14 on: March 27, 2014, 05:54:57 PM »

You say it best when you say nothing at all.

;-)
hey i just want to understand whats wrong with cheap
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Ray Aberle

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Re: turbosound
« Reply #15 on: March 27, 2014, 08:24:35 PM »

hey i just want to understand whats wrong with cheap
Integrity is doing the right thing when no one is looking.

I would prefer to do business with a company that is looking out for my best, long-term interests.
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Caleb Dueck

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Re: turbosound
« Reply #16 on: March 27, 2014, 10:38:17 PM »

hey i just want to understand whats wrong with cheap
Cheap typically means cut corners, whether visible or not.  Longevity is often one of the first things to go.

Cheap means iffy until proven.

Cheap is for toys and disposable income, not tools your family's well being depends on.

Typed on a virtual keyboard. 

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Frances Fisher

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Re: turbosound
« Reply #17 on: March 27, 2014, 10:44:50 PM »

Integrity is doing the right thing when no one is looking.

I would prefer to do business with a company that is looking out for my best, long-term interests.
then i hear you loud and clear i just had a hard time mentally connecting music group with a company like midas
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Tim McCulloch

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Re: turbosound
« Reply #18 on: March 27, 2014, 10:59:59 PM »

then i hear you loud and clear i just had a hard time mentally connecting music group with a company like midas

And a bunch of other brands less near and dear to some forum users...

Think about this, if you'd purchased a Midas Pro6 only 3 months ago and financed it through your bank, you could find yourself having to come up with a big bunch of money, RIGHT NOW, when the value of the collateral fell 30% overnight.

Aside from those considerations a low purchase price, in and of itself, does not equal value to the purchaser.
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"If you're passing on your way, from Palm Springs to L.A., Give a wave to good ol' Dave, Say hello to progress and goodbye to the Moonlight Motor Inn." - Steve Spurgin, Moonlight Motor Inn

Peter Morris

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Re: turbosound
« Reply #19 on: March 27, 2014, 11:59:23 PM »

And a bunch of other brands less near and dear to some forum users...

Think about this, if you'd purchased a Midas Pro6 only 3 months ago and financed it through your bank, you could find yourself having to come up with a big bunch of money, RIGHT NOW, when the value of the collateral fell 30% overnight.

Aside from those considerations a low purchase price, in and of itself, does not equal value to the purchaser.

My take is slightly different – I bought a Midas last year and the price has come down, but as a result of Midas becoming more affordable they are becoming more popular and are appearing on more riders.  So I’m now getting more hires and making more money; but if you bought one the week before the price drop you would have to feel a bit pi$$ed off.
« Last Edit: April 01, 2014, 01:07:22 AM by Peter Morris »
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ProSoundWeb Community

Re: turbosound
« Reply #19 on: March 27, 2014, 11:59:23 PM »


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