You guys should see what prices are like up here in Canada. I have to say, Mathews is just not my flavour. I shoot a xpedition which is a very new brand. It's a awesome bow I really love it. But I got to be honest I genuinely don't like any of what I call the big 3. Mathews, pse, Hoyt. I would shoot a bow tech or my xpedition any day of the week over those three major brands. But everyone has their wants in a bow. I'm a precision rifle guy so I'm a little OCD about things like how smooth my bolt is in my rifle, how the recoil is translated to my shoulder etc. with bow those re things I look at. How smooth the draw is, how steady my back wall is, vibration in shot. To me when I shot the xpedition I felt like it handled that better then any other bow. My two cents.
I just looked at the msrp for the creed and its 999.... you got a deal. Their lowest priced bow at msrp is like 799. Many other companies have MUCH more affordable options.....
Yea, there is no shop around here that charges msrp. Bowtech msrp for the carbon knight is 699, I can get it around here for 550 bare bow, or 650 in the ready to hunt package. The creeds around here are actually running about 750 now that the creed xs is out, and will probably really drop after new bows come out this year just to close them out.
Yeah, I paid msrp for my assassin. 649.99 with the rak package I believe. They did have a much better rest, but I've actually never seen this shops more popular bows under msrp
I dont believe it is Obama that was just a poke at his Obama care as laying off 35 of their 420 employees wouldnt change the category they fall into.
Considering the amount of new bow companies and others like Elite, Prime and Bear really nocking a dent in the market, laying off 35 doesn't seem that bad to me. That's less than 10% of their employees. If that's a reflection of loosing business they probably aren't hurting that bad. Automation could be a contributing factor. They may have automated to offset salaries. Let's say those 35 made an average of $35,000 a year (which is probably low balling it) that's 1.23 million in salaries in a year. That can pay for some serious machinery over a few years. Not to mention reduced down time and increased production which all equates to profits. In the end it sucks for the employees who lost their jobs no matter what the reason. I feel bad for them. Hopefully with the better economy they will find jobs. Who knows Mathews could come out with 4 new bows that blow the industry away and they all get to go back to work. Sent from my iPhone using Tapatalk
You're confusing MSRP and MAP. MSRP is the "suggested" Retail price, then you have "real world" or "Street" price. MAP pricing is "Minimum Advertised Price" Which means, if a dealer advertises or sells the bow for less than MAP, it may very well be the last X type bow the dealer sells because he just violated his contract. Manufacturers will set MAP pricing on products in order to maintain the integrity of the brand and to protect the dealers who've made them successful.
They have looked into it. I watched an interview with matt mcpherson and he explained in very detailed terms how carbon is a terrible material for bows and they actually lose efficiency or something like that when they have carbon risers. Google it. It was maybe a year or 1.5 years ago I watched that.
That's really rough on the employees.... but this is what company's do to save money they cut hours and workers... my company does cuts each year and were a couple billion dollar operation as everyone will always be out to bet on horses and lottery and gambling! looks to me as they are producing bows people just simply cannot afford much of anymore... probably a good idea to cut back of cost for there equipment! feel bad for the workers now a days that suffer in today's economy especially when they have a family to provide for!
Not saying but I am saying maybe they should have more money for R+D and less for advertising. Are they selling bows or the concept of bows? Scotty By the way what has Obama done well? The best thing he does is play golf
This sucks for all the employees. However I'm not all that surprised. The economy has been less than stellar for years now and with the price of bows hitting the $1k mark, its really no wonder this sort of thing happened, especially to Matthews. I liken Matthews to Apple. They're the biggest marketing campaign in their respective business. They produce the same product, year after year, with "new" improvements or so called innovations. However, the big difference is, Apple is able to sell their product at a premium price that isn't that far off of the lesser products in that market (plus the subsidized phone market). On top of this, people are saving and buying these high end bows and then holding onto them for a longer time than they used to because the prospect of making another $1K bow purchase, especially when the upgrades on the Matthews just aren't worth it, is less than desirable. But, they continue to sink lord knows how much money into advertising and making sure every show on the Outdoor Channel is fully equipped with Matthews equipment and every magazine has several two page Matthews ads. I believe the brainwashing effect has finally hit its peak. To tell you the truth, I'm surprised we haven't seen more of this. Maybe thats why some companies, such as Bowtech decided to merge with another company to protect themselves more from the economic woes.
Don't hold your breath waiting for Mathews to go out of business.[/B Its called a business decision. Any body who has run a business or managed a business has had to hire and lay off. Mathews has been growing many years. They have a dealer in every major city in the country plus what the do over seas. They laid off a small part of their workers and they can supply all their dealers. According to most dealers, archery in general has taken a big hit in the past 5 years. Mcdonald's had a 30% profit loss the last quarter. I bet they still make it.
They are definitely not going anywhere thats for certain. I know I'm hard on them because I feel that for a company as big and in my opinion.. arrogant as they are, they can be doing a whole lot better in terms of pushing the industry. I liken them to a high end, quality product, but certainly not an innovative, game changing product.
