Re: Blurb from Nodus on Micro brands
Posted: Tue Nov 14, 2017 7:42 am
Ginault takes (in some ways deservedly) a ton of crap on the forums, but I think elements of their go-to-market plan were remarkably honest.
They didn't do any MKii-style pre-order. They only sold watches when they were in stock and ready for shipment. If the watches were a flop, they could've been left sitting on a ton of unsold inventory, but this was a risk they assumed (and mitigated by releasing a popular homage style).
They offered discounts to those willing to write a review. They didn't say it had to be a glowing review - just and honest impression of the watch. This gets you away from the business end of the micro-watch industry, such as having to pay for forum sponsorship (which I believe Ginault eventually did) and having to supply review watches to various blogs.
The discount thing is actually one of the key areas of controversy with the watch. Apparently, some people bought the watch at the discount price with hopes of flipping it at a profit when the discount period was over. They got upset and started bashing the brand when the discounts were extended.
I think the biggest risk of this "discount for review" policy is from guys like me. I'm not a flipper so if elements of the watch truly sucked (such as the Glidelock copy clasp), I'd point it out. You have got to have confidence in your product to market in this manner.
Where Ginault screwed up is their over the top marketing claims, but then again it is those claims which caused the forums to blow up, so what do I know....
They didn't do any MKii-style pre-order. They only sold watches when they were in stock and ready for shipment. If the watches were a flop, they could've been left sitting on a ton of unsold inventory, but this was a risk they assumed (and mitigated by releasing a popular homage style).
They offered discounts to those willing to write a review. They didn't say it had to be a glowing review - just and honest impression of the watch. This gets you away from the business end of the micro-watch industry, such as having to pay for forum sponsorship (which I believe Ginault eventually did) and having to supply review watches to various blogs.
The discount thing is actually one of the key areas of controversy with the watch. Apparently, some people bought the watch at the discount price with hopes of flipping it at a profit when the discount period was over. They got upset and started bashing the brand when the discounts were extended.
I think the biggest risk of this "discount for review" policy is from guys like me. I'm not a flipper so if elements of the watch truly sucked (such as the Glidelock copy clasp), I'd point it out. You have got to have confidence in your product to market in this manner.
Where Ginault screwed up is their over the top marketing claims, but then again it is those claims which caused the forums to blow up, so what do I know....