How sound is Reggie financially?
#91
#92
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Overseas sales are key to survival right now it seems. That leaves Nor-Tech, Cig, etc. on better footing than some others. Anyone know what percentage of Fountains head across the border or ocean? I agree with focusing on P1 for overseas exposure and dropping the silly Cat Killer antics. Focus on customer service and price here in the States.
They only have a few selected dealers - none of them has more than one or two boats in stock
look at
http://www.fountainworldwide.com/DealerLocations.aspx
The CEO spends more time in racing P 1 than in selling boats
The main reason is :
Warranty issues are handled slow and bad , so the dealers do not like to take the risk
There was a Fountain confiscated at the Finish Boat Show, it had a faked CE Certification - from factory
CE Certifications are not cheap for High Performance Boats - maybe too expensiv for some builders - each boat model needs its own Certification and if you only sell one or two boats of the same modell to Europe- it might eat too much from the profit
You are right - overseas sales will be the key to survive , but some people can`t find the hole
Last edited by pokerrunboats; 07-03-2008 at 03:37 AM.
#93
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What does a respected level mean? doesn't that entirely depend on ones perspective, it seems to me for instance that some people admire my 1991 29' off-brand boat, but I guess their knowledge of respectable boats is limited.
I fail to see how the size or cost of a boat earns respect.
I fail to see how the size or cost of a boat earns respect.
#95
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Gold Member
There are less than 10 new Fountains (except a few raceboats) that went to Europe in the last twelve month
They only have a few selected dealers - none of them has more than one or two boats in stock
look at
http://www.fountainworldwide.com/DealerLocations.aspx
The CEO spends more time in racing P 1 than in selling boats
The main reason is :
Warranty issues are handled slow and bad , so the dealers do not like to take the risk
There was a Fountain confiscated at the Finish Boat Show, it had a faked CE Certification - from factory
CE Certifications are not cheap for High Performance Boats - maybe too expensiv for some builders - each boat model needs its own Certification and if you only sell one or two boats of the same modell to Europe- it might eat too much from the profit
You are right - overseas sales will be the key to survive , but some people can`t find the hole
They only have a few selected dealers - none of them has more than one or two boats in stock
look at
http://www.fountainworldwide.com/DealerLocations.aspx
The CEO spends more time in racing P 1 than in selling boats
The main reason is :
Warranty issues are handled slow and bad , so the dealers do not like to take the risk
There was a Fountain confiscated at the Finish Boat Show, it had a faked CE Certification - from factory
CE Certifications are not cheap for High Performance Boats - maybe too expensiv for some builders - each boat model needs its own Certification and if you only sell one or two boats of the same modell to Europe- it might eat too much from the profit
You are right - overseas sales will be the key to survive , but some people can`t find the hole
I disagree on the warranty issue. If you are a good dealer and have a good relationship with the right people at the factory then you should'nt have a problem. I was a dealer for several years and had no trouble - at least no more trouble than any other brand-name mfg
#96
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I think he is referring to International warranty claims...
#97
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There should'nt be any diff. The claims are submitted via email/Fax/Phone ( all of which are the same speed whether it's Palm Beach or Tokyo). They are approved or denied the same way. In most cases the repairs are done by the dealer and like all other mfg's you wait 3-6 months to be reimbursed.
#98
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There should'nt be any diff. The claims are submitted via email/Fax/Phone ( all of which are the same speed whether it's Palm Beach or Tokyo). They are approved or denied the same way. In most cases the repairs are done by the dealer and like all other mfg's you wait 3-6 months to be reimbursed.
Im not debating, but its just as easy to say it is a problem as it is to say it isnt...