Price Rise for RSS sails 15 December ’14

UPDATE – the prices were reduced by $100 with a bonus increase in quality mid 2015.

It is nearing the end of our first year of operation and we are reviewing how the price structure has been performing.  There is a price rise planned shortly

How Much?

We are planning a price rise for the GIS and Oz sails in the range of $50 to $70 dollars in the next two weeks or so.  The canoe sail will have only a small price adjustment.

When?

Orders after the 15th December from any of our agents

Why?

Most of this amount (roughly $50)  is because the rate of sales doesn’t match our financial projections before starting the business last year.  A much smaller amount of the increase because of materials costs and import costs being higher than expected.  We also had to purchase a new industrial sewing machine and servo motor.

Our prices have a low margin..  In the Philippines we don’t need the type of profit that one would expect in say, Australia or the USA, it goes a lot further.

Goat Island Skiff, Dorestad RAID, Netherlands - storerboatplans.com

Joost Engelen – GIS with sail by RSS in Dorestad RAID, The Netherlands

Is it permanent?

We are hoping that the continued growth of sales and by adding one or two more sail types to our inventory that we will be able to bring the price back down again.

Our aim is to get the prices down again and we have three strategies.

1/ Continue the steady growth in sales by documenting when the sails are successfully fitted to other boats – eg the CLC North Easter Dory.

2/ Add more sail types to our existing lines and make some small changes to existing lines that might make them more attractive to owners of other boats.  One example is that we have started to make the Goat Island Skiff sail out of 170gsm cloth (up from 140) to make it more attractive for larger boats.  The two cloths are both well within the normal range for boats of that size.

3/ Continue our application for registration as an exporter in the Philippines, to dramatically cut our import costs later.

We wish we didn’t have to do it and we hope the expected growth will allow the prices to be adjusted down again.

One thought on “Price Rise for RSS sails 15 December ’14

  1. […] link will take you to their website.  The current prices of the sails (December 16  – See PRICE RISE December for some of the reasons) […]

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