belyo
Newly Enlightened
<font size="2" face="Verdana, Arial">I think that it is a very good opinion.
LS3 Offering this Saturday!
- Thread starter Gransee
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<font size="2" face="Verdana, Arial">Peter, I think this is an excellent idea IMHO.
Steve
Kercheval
Newly Enlightened
Peter, given the obvious demand, I think you should run them all through an auction. This is definitely a classic supply and demand problem and you should try to recover as much as you can of your capital expenditures (which probably far exceed the run you were able to finally produce). This product is effectively a limited run custom light.
Not as nice a price for those of us who want an LS3, but best for Arc LLC. This would also allow the sale to be fair in access and happen over a period which is long enough for those who wish to participate to actually do so.
Not as nice a price for those of us who want an LS3, but best for Arc LLC. This would also allow the sale to be fair in access and happen over a period which is long enough for those who wish to participate to actually do so.
Gransee
Flashlight Enthusiast
Hmm. Everyone has a different opinion I see. The straight sale on saturday morning would be the easiest but who got it would be mostly up to chance. A lottery would have similiar odds but still offer little control to those wanting the light. The auction would allow people to have more control over their chances.
I like the auction personally. These things weren't cheap to make and the money would help. That is the honest truth.
More CPF thoughts?
Peter Gransee
I like the auction personally. These things weren't cheap to make and the money would help. That is the honest truth.
More CPF thoughts?
Peter Gransee
Peter,
you maybe don´t need to do 35 single auctions - at least on Ebay there is a type of auction where you sell X quantity and the final sale is going to the x highest bidders - you can always check for the highest bid total and the highest bid still getting one light - this way its the easiest and best IMO - you can also specify how many single parts one bid can be meant for - means you COULD (I think you shouldn´t maybe) allow one bidder to bid for more than one.
Doing an auction you might be able to gauge the interest in an ARC 5W LS w 2x123 config and possible when seeing for what they sell for be convinced to continue building them - which I still believe would be a good decision for your company - but what do I know
Doing this auction its also YOU / ARC LLC who mnake the money and not whoever getting them for 200 and selling them higher on Ebay or whereever.
Just my 2 €cents
Klaus
you maybe don´t need to do 35 single auctions - at least on Ebay there is a type of auction where you sell X quantity and the final sale is going to the x highest bidders - you can always check for the highest bid total and the highest bid still getting one light - this way its the easiest and best IMO - you can also specify how many single parts one bid can be meant for - means you COULD (I think you shouldn´t maybe) allow one bidder to bid for more than one.
Doing an auction you might be able to gauge the interest in an ARC 5W LS w 2x123 config and possible when seeing for what they sell for be convinced to continue building them - which I still believe would be a good decision for your company - but what do I know
Doing this auction its also YOU / ARC LLC who mnake the money and not whoever getting them for 200 and selling them higher on Ebay or whereever.
Just my 2 €cents
Klaus
I hope I'm not being a bother by posting again. Because of my economist thinking, my initial reaction was that all these lights should be put up on auction because they would go to those who value them most highly, rather than to those most deft at accessing Arc's server in the half-minute or so for them to disappear. This would also benefit Arc by allowing the company to extract more the full value of the products. But because a number of people would state that they could not pay more than $200, the split of sale and auction seemed like a good idea to me to keep the peace.
Since Arc really could use the extra money afforded by an auction of all units to help offset R&D expense, then perhaps auctioning all units is the way to go.
Steve
Since Arc really could use the extra money afforded by an auction of all units to help offset R&D expense, then perhaps auctioning all units is the way to go.
Steve
Phoenician
Newly Enlightened
Peter,
EBay has a feature they call "Dutch Auction" which would fit your need. You list the number of items you are selling, set a minimum price and duration of bidding. With eBay's dutch auction methodology, the bidder bids the maximum he is willing to pay. When the auction is over, everybody pays the same price (if there are 20 bidders for 10 items, the 10 highest bidders get the items for the lowest bid of the 10 high bids). In other words, the 10 highest bidders pay the 10th bidder's bid.
I would suggest that you break the auctions down into smaller lots so as to maximize the resulting winning bid (and give people more time to take a shot at winning one).
If you would like help setting it up, I would be glad to help. I would also be glad to run the auction for you (a sample of one of my auctions is at this link:
my eBay auction
Neal Scott
EBay has a feature they call "Dutch Auction" which would fit your need. You list the number of items you are selling, set a minimum price and duration of bidding. With eBay's dutch auction methodology, the bidder bids the maximum he is willing to pay. When the auction is over, everybody pays the same price (if there are 20 bidders for 10 items, the 10 highest bidders get the items for the lowest bid of the 10 high bids). In other words, the 10 highest bidders pay the 10th bidder's bid.
I would suggest that you break the auctions down into smaller lots so as to maximize the resulting winning bid (and give people more time to take a shot at winning one).
If you would like help setting it up, I would be glad to help. I would also be glad to run the auction for you (a sample of one of my auctions is at this link:
my eBay auction
Neal Scott
Peter, I think the auction idea would be best for you, too.
- maximum visitors, resulting in
- most cash possible
- and some zero-cost advertising for Arc Lights
- if you watch the bidding closely, you could judge the desire for more of those and a possible price ... because never say never again in business
- and because you are a real friendly man: it would be the fairest way possible, as indicated above.
bernhard
- maximum visitors, resulting in
- most cash possible
- and some zero-cost advertising for Arc Lights
- if you watch the bidding closely, you could judge the desire for more of those and a possible price ... because never say never again in business
- and because you are a real friendly man: it would be the fairest way possible, as indicated above.
bernhard
krept
Newly Enlightened
Well, I'll say... that is one heck of a pen Neal!
I agree with the auction idea as well. Keeping ARC going is in everyone's best interest and if people are willing to pay the buckos for a super limited item then so be it. Both parties get what they deserve.
"We want the sun to go down early when its 115 F out."
Ain't THAT the truth
I agree with the auction idea as well. Keeping ARC going is in everyone's best interest and if people are willing to pay the buckos for a super limited item then so be it. Both parties get what they deserve.
"We want the sun to go down early when its 115 F out."
Ain't THAT the truth
Lux_Luminous
Enlightened
Auction all of them but one . . .
Keep the one and have a drawing on March first for everyone who purchased an item from the Arc website in February!
or
Keep four out and draw one name (as above) each week in March. The lucky winner would have first right to buy one of the lights. March Madness!
or
Auction them all off - less fun but supply and demand would rule. Arc would benefit the most and everyone would be on a level playing field!
"Lux" Luther-an
Keep the one and have a drawing on March first for everyone who purchased an item from the Arc website in February!
or
Keep four out and draw one name (as above) each week in March. The lucky winner would have first right to buy one of the lights. March Madness!
or
Auction them all off - less fun but supply and demand would rule. Arc would benefit the most and everyone would be on a level playing field!
"Lux" Luther-an
Gadgetman7
Enlightened
I think you should auction them all. I'm sure you can use the extra dollars and besides getting the most profit is the American way.
geepondy
Flashlight Enthusiast
Since your original post about selling thru the website was a statement not a question, I think you should honor that at least for some of the lights.
jtivat
Flashlight Enthusiast
<font size="2" face="Verdana, Arial">How about you do this like the post says.
napalm-2002
Enlightened
well Peter i will have to be the one to ask this question
i think you should give me one.
everyone has had their say and i think that you should give me an arc-5w.
there i said it
i said what everyone else was thinking
and Peter i think that because i had the stones to ask you for one that i should get a crack at buying one!
mike
i think you should give me one.
everyone has had their say and i think that you should give me an arc-5w.
there i said it
i said what everyone else was thinking
and Peter i think that because i had the stones to ask you for one that i should get a crack at buying one!
mike
napalm-2002
Enlightened
that has to be worth something!
mike
mike
Sigman
* The Arctic Moderator *
How does that quote go..."you can please some of the people some of the time, but you can't please all of the people all of the time?"
MY
Enlightened
Peter:
With whatever method you choose to sell the LS3, how long will it be before they are shipped? Is the light ready to go right now or is it still being built to be shipped at a later date?
I agree with the last posts. Since you made a public statement about how you are going to sell the units, you should go through with what you said. For some folks, like me, that may eliminate any chances of getting a light but it would be unfair to change the rules.
To not complicate the issue any more than necessary, do what you said you would do and sell them all at your specified time.
With whatever method you choose to sell the LS3, how long will it be before they are shipped? Is the light ready to go right now or is it still being built to be shipped at a later date?
I agree with the last posts. Since you made a public statement about how you are going to sell the units, you should go through with what you said. For some folks, like me, that may eliminate any chances of getting a light but it would be unfair to change the rules.
To not complicate the issue any more than necessary, do what you said you would do and sell them all at your specified time.
Carpe Diem
Flashlight Enthusiast
SO...Peter...how`s it going?
Some phrases that have come to mind after reading this thread:
"Can of worms"
"Slippery slope"
"Hornets nest"
"No good deed ever goes unpunished"
"Geez...I wish I hadn`t said that"
AND, one of my all-time favorites (perhaps now voiced by Merri):
"Here`s another fine mess you`ve gotten us into, Ollie!"
PS: Whatever route you decide to take for the "Big Sale" will be fine!
Some phrases that have come to mind after reading this thread:
"Can of worms"
"Slippery slope"
"Hornets nest"
"No good deed ever goes unpunished"
"Geez...I wish I hadn`t said that"
AND, one of my all-time favorites (perhaps now voiced by Merri):
"Here`s another fine mess you`ve gotten us into, Ollie!"
PS: Whatever route you decide to take for the "Big Sale" will be fine!
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