What has Tony actually done that Witcomb couldn't have done themselves?
He's ripped off other companies paint schemes and possibly influenced the biggest price hike in cycling history? - Allegedly
I fail to see how this is beneficial to either Witcomb as a company or the cycling industry as a whole.
At that price it's unlikely that most people would now be able to afford a witcomb, sure they get more money per frame but the rules of economics tend to be in favour of quantity shifted.
Hiking the prices that much will likely reduce their business quicker and cause a bigger rift in their cashflow than say a 10% increase in prices would have done.
What's going to fill the gap? Another price hike next week/month/year? I fail to understand the benefit for Witcomb.
Time may well prove me wrong but finance is something I do for a living. If I recommended this form of business plan to any of the Finance Directors/CEOs that I've worked for I'd be very quickly let go.
"Designers" should stick with art, not running other peoples businesses into the ground.
What has Tony actually done that Witcomb couldn't have done themselves?
He's ripped off other companies paint schemes and possibly influenced the biggest price hike in cycling history? - Allegedly
I fail to see how this is beneficial to either Witcomb as a company or the cycling industry as a whole.
At that price it's unlikely that most people would now be able to afford a witcomb, sure they get more money per frame but the rules of economics tend to be in favour of quantity shifted.
Hiking the prices that much will likely reduce their business quicker and cause a bigger rift in their cashflow than say a 10% increase in prices would have done.
What's going to fill the gap? Another price hike next week/month/year? I fail to understand the benefit for Witcomb.
Time may well prove me wrong but finance is something I do for a living. If I recommended this form of business plan to any of the Finance Directors/CEOs that I've worked for I'd be very quickly let go.
"Designers" should stick with art, not running other peoples businesses into the ground.