I don’t really think, even with these increases, that their products are OTT expensive in the scheme of things. Look at the prices of tonearms from Da Vinci, Triplanar, Ikeda et al.
Subjectively, you may prefer these to an SME, but you can’t tell me that they have better (or even as good) build quality.
Maybe more firms offering higher bracket luxury audio items should track the prices of their products with inflation as it happens. From what I’ve seen with Michell over the years they seem to take this approach & their business seems to remain a success. Certainly their prices have remained favourable against the Likes of Linn & the LP12 in particular, whose price has risen to silly levels, whilst offering little in terms of real SOTA product development.
Suddenly sticking on 20+% is always going to be more of a bitter pill to buyers.
I’m not comparing SME to either of these firms, as they are in a different place in the market really. I’m fairly sure they will continue to sell well though. Quality is never cheap, is it.
Huge SME price rise !
We don’t often send out newsletters and rarely one of just a single topic. However SME are increasing some of their prices hugely. So if you want a SME arm or even a turntable now is the time. We just need a 50% deposit by the end of Monday January 30 to secure the old price. Increase are:
Model 10 + 15%
Model 15 + 15%
Model 20/3 + 20%
Model 20/12 + 20%
Model 30/2 + 25%
Model 30/12 + 25%
Don’t get it. They have clearly assumed that prices are so inelastic that they can just pass on any and all costs, real or imagined, straight to the customer.
Wish I’d hung on to mine longer and sold it post price increase!
No way a 30 is worth £30K, absolutely no way. That is two fully kitted out Raven’s or La Granges (which include arms and carts), both of which are better in my view.
The V and IV and nice arms, but my Wheaton Tri-Planar arms bury it and that is the price they are heading to.