Quote:
Originally Posted by jason_ssr
Its another step in the impending crash of the wakeboarding market. We have needed a market correction for far too long.
When we stop buying these products they will be forced to drop prices and pick up events as advertising, or they risk going under. If they do go under, great! Someone will buy the molds pennies on the dollar, produce a product with plain guages, basic sound, and builders grade vinyl, and sell them for $40k.
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Did 2008-2011 not happen?
People pretty much stopped buying wake gear and boats. The market was flooded with repoed boats and they sold extremely cheap. Wakeboard companies and boat brands responded by building less. The boats that continued to sell were the top of the line because those people were not effected as much. Thats why the companies are building bigger and more expensive boats. They are trying to make product that their actual buyers want.
Also, remember Standard boats? Plain boats that made a good wake. Wakeworlders begged for a boat like this. They failed. People want big expensive boats with every options.
Did you know you can actually buy an Axis in the 40s? No one orders them. People want every option. You dont have to have the options to ride, but boat buyers want them and raise the price themselves.
The wake industry is not for the masses. It is a sport that from the beginning was for privileged people. Cable can get people into the sport though.
Check out this New York Times article. It helps explain it
http://www.nytimes.com/2014/02/03/bu...=tw-share&_r=1