schatzoy wrote:
100% agree.
B&O was once known for top quality products, unrivalled customer service and high prices. All that is left are high prices, the rest is gone. I seriously doubt that this is a sustainable business model. Good luck B&O, you will not be getting any more money out of me.
The problem is dear fellow, the market has moved on and you haven't. Sad fact is, B&O can't rely on old farts like us who buy a TV every ten or so years, maybe a pair of speakers and then sit and make do for many many years. The profit margin is low, sales on these products are relatively low and there's simply too much competiion - from the likes of LG.
Just because B&O's business model isn't the same as was in the 90s, this doesn't mean it's the fault of the brand. The days of expensive stores with expensive equipment where us old farts bought infrequentely has long gone - there just aren't enough of us left, simple as that.
Also, I'm not convinced that the customer service was second to none. I think we look at history with rose coloured glasses and assume it was. It was only good as dealers were prepared to visit homes, install and charged accordingly.
I love the new products. Very happy with my BeoSound 2, Level and Balance. Happy with my two Stage. Not unhappy at all. Certainly no less happy than I was when I first found the brand in and around 2000, 22 years ago.
So B&O has to go after a new crowd. And, guess what? Sales are up, profits are up and things are looking good for the brand. And that's what matters the most.