Previous Thread
Next Thread
Print Thread
Rate Thread
Page 14 of 30 1 2 12 13 14 15 16 29 30
Re: Axiom Auctions
grunt #326555 10/25/10 06:06 PM
Joined: May 2003
Posts: 18,044
shareholder in the making
Offline
shareholder in the making
Joined: May 2003
Posts: 18,044
I can see that. Maybe if they lowered it to two weeks instead.


I am the Doctor, and THIS... is my SPOON!
Re: Axiom Auctions
casey01 #326559 10/25/10 06:09 PM
Joined: Dec 2006
Posts: 3,569
connoisseur
Offline
connoisseur
Joined: Dec 2006
Posts: 3,569
Originally Posted By: casey01
I guess it gets back to that old adage "there is a price to pay for everything". I, myself, preferred the "factory outlet" set-up because I knew, even if I had to wait, I would be able to buy pretty well anything in the entire product line that I wanted at the 10% discount. With the auction, only a handful of product is available at any given time and there is no guarantee that my bid will secure the product even if it is one I am looking for. Quite frankly, even the owner's club volume of available product and the option of making an offer on them, to me anyway, is just as or even more attractive than the auction.

Alas, I guess that is why cars come in many different colors.



I agree that the “factory outlet” method was better for the customer however it had to be expensive for Axiom. As you point out the volume of product available for auction is low. This indicates to me that Axiom had to fill most FO orders with A-stock and only shipped B-stock if it was actually available. As we can see from the auction site there’s not nearly enough B-stock to fulfill the FO orders Axiom must have been receiving, something I always suspected.


3M80 2M22 6QS8 2M2 1EP500 Sony BDP-S590 Panny-7000 Onkyo-3007 Carada-134 Xbox Buttkicker AS-EQ1
Re: Axiom Auctions
Ken.C #326560 10/25/10 06:11 PM
Joined: Jun 2007
Posts: 4,357
connoisseur
Offline
connoisseur
Joined: Jun 2007
Posts: 4,357
Can't the timeframe be chosen by the individual selling the item?


The only reasonable argument for owning a gun is to protect yourself from the police.
Re: Axiom Auctions
Ya_basta #326564 10/25/10 06:16 PM
Joined: May 2003
Posts: 18,044
shareholder in the making
Offline
shareholder in the making
Joined: May 2003
Posts: 18,044
Absolutely. But in this case, Axiom is choosing 4 weeks as the time frame.


I am the Doctor, and THIS... is my SPOON!
Re: Axiom Auctions
Ken.C #326566 10/25/10 06:23 PM
Joined: Jun 2007
Posts: 4,357
connoisseur
Offline
connoisseur
Joined: Jun 2007
Posts: 4,357
Four weeks? I knew they were long, but that's too long of a time frame (appreciate the correction, Ken smile ) IMO.


The only reasonable argument for owning a gun is to protect yourself from the police.
Re: Axiom Auctions
grunt #326567 10/25/10 06:27 PM
Joined: Jul 2008
Posts: 912
Likes: 4
C
aficionado
Offline
aficionado
C
Joined: Jul 2008
Posts: 912
Likes: 4
Originally Posted By: grunt
I can’t speak for others but for me the issue isn’t competition it’s the waiting period once the bidding starts. It’s still first come first serve if you get the item before anyone has placed a bid so that’s not completely gone. However, to me the issue is the wait. Might not be as bad if the waiting wasn’t so long. It was one thing to buy from the factory outlet with a 4 week wait knowing you would get your product by then or sooner. Now you have to always wait a month and still may not get what you want, meaning placing an order and waiting again.

I just think Axiom will move their B-stock faster if they go to straight discount pricing instead of dragging out an auction. I’m not sure what the auction results have been so far or there is even enough data to look at but I imagine not to many people have paid over the 10% markdown while bidding and probably less.

I don’t begrudge Axiom trying something new but if auctioning B-stock was a good business idea I imagine other audio companies would also be doing it. I imagine most companies try to keep their on hand inventory as low as they can and still fill orders in a timely manner. Having an asset sitting around almost guaranteed for 30 days seems like a waste to Axiom and a hassle to most buyers.


In conjunction with what I mentioned above, I would fully concur with what you have said. I may be wrong, but the only reason I can think that Axiom replaced the "factory outlet" set-up with the auction was as "B-stock" items became available perhaps it was a way of disposing them quicker and at a little higher price otherwise, I must admit and perhaps I am missing something here, BUT I really don't see any other reason for the change in approach.

Here again, the only problem with this process is you better hope what you have available is what your customers want otherwise I don't think anyone is going to be too keen on paying more than 90% of the NEW price otherwise one might as well buy it NEW and be guaranteed getting it quicker without the wait and hassle.

Re: Axiom Auctions
grunt #326568 10/25/10 06:41 PM
Joined: Sep 2008
Posts: 4,116
connoisseur
Offline
connoisseur
Joined: Sep 2008
Posts: 4,116
Originally Posted By: grunt
Originally Posted By: casey01
I guess it gets back to that old adage "there is a price to pay for everything". I, myself, preferred the "factory outlet" set-up because I knew, even if I had to wait, I would be able to buy pretty well anything in the entire product line that I wanted at the 10% discount. With the auction, only a handful of product is available at any given time and there is no guarantee that my bid will secure the product even if it is one I am looking for. Quite frankly, even the owner's club volume of available product and the option of making an offer on them, to me anyway, is just as or even more attractive than the auction.

Alas, I guess that is why cars come in many different colors.



I agree that the “factory outlet” method was better for the customer however it had to be expensive for Axiom. As you point out the volume of product available for auction is low. This indicates to me that Axiom had to fill most FO orders with A-stock and only shipped B-stock if it was actually available. As we can see from the auction site there’s not nearly enough B-stock to fulfill the FO orders Axiom must have been receiving, something I always suspected.


The Just In Time Inventory (JIT) strategy employed with the Factory Outlet must have some benefits as well even with some A-stock inventory thrown in with the B-Stock. But I think you nailed it again Grunt. With the popularity of the FO and the amount of product volume that shows up in the auction site they must have been fulfilling FO orders with some A-Stock which in turn would be hurting margins. I agree with the others that the auction serves no benefit to the consumer over the outlet. In fact the FO being superior because you can order a full matching home theatre system at discounted pricing anytime but the cost cutting measures seems reasonable.


I’m armed and I’m drinking. You don’t want to listen to advice from me, amigo.

-Max Payne
Re: Axiom Auctions
Ken.C #326569 10/25/10 06:42 PM
Joined: Sep 2009
Posts: 212
S
local
Offline
local
S
Joined: Sep 2009
Posts: 212
Originally Posted By: kcarlile
Customer service is not quite the same as changing the behavior of the Buy Now button... in fact, I would wager that that behavior is not customizable, and Axiom's using off the shelf auction software.


I'm pretty sure they can fix it. I'll let their developer know.

Also, I can speculate why they would put the Factory Outlet stuff in the Auction Site and have long auction durations. Traffic.

Speculation:
Initially the Auction site was for customers to sell used gear. However I imagine PreOwned listings would be few and far between. Just have a look now. How many Used items are in there? As of right now, zero. Its all B-Stock.

Also having longer durations means the listings stay there for longer and can accumulate.

If the Auction Site was PreOwned only, or included B-Stock with short (1 week?) durations the inventory levels would be low enough that I think most of us would stop checking it... "Hey, lets check the Deals site again! Oh. Still empty."

This way they keep good inventory levels and we keep coming back to look.

/speculation

snazzed


M22, VP150, QS8 <--all v2
Sub: Outlaw LFM1-Plus
Denon AVR1910, Sony X900-65"
Re: Axiom Auctions
BlueJays1 #326570 10/25/10 06:45 PM
Joined: Jul 2006
Posts: 12,077
Likes: 7
C
CV Offline
Founder, Axiom Upgrade Club
shareholder in the making
Offline
Founder, Axiom Upgrade Club
shareholder in the making
C
Joined: Jul 2006
Posts: 12,077
Likes: 7
Originally Posted By: Dr.House
I agree with the others that the auction serves no benefit to the consumer over the outlet


Again, I appreciated being able to use the Buy Now option at the 10% off price and not have to wait multiple weeks before having my order filled, as I would have under the old Factory Outlet.

Re: Axiom Auctions
casey01 #326571 10/25/10 06:47 PM
Joined: Jun 2007
Posts: 4,357
connoisseur
Offline
connoisseur
Joined: Jun 2007
Posts: 4,357
Just a thought, but do B-stock items get used as floor models in stores? It most certainly wouldn't surprise me.


The only reasonable argument for owning a gun is to protect yourself from the police.
Page 14 of 30 1 2 12 13 14 15 16 29 30

Moderated by  alan, Andrew, Brent, Debbie, Ian, Jc 

Link Copied to Clipboard

Need Help Graphic

Forum Statistics
Forums16
Topics24,939
Posts442,452
Members15,615
Most Online2,082
Jan 22nd, 2020
Top Posters
Ken.C 18,044
pmbuko 16,441
SirQuack 13,840
CV 12,077
MarkSJohnson 11,458
Who's Online Now
0 members (), 221 guests, and 0 robots.
Key: Admin, Global Mod, Mod
Newsletter Signup
Powered by UBB.threads™ PHP Forum Software 7.7.4