Yes, hence why I said "and other developed countries," and also "the developed world."In their pre IPO filing they stated that Europe is about 25% of their market.
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Yes, hence why I said "and other developed countries," and also "the developed world."In their pre IPO filing they stated that Europe is about 25% of their market.
Yes, hence why I said "and other developed countries," and also "the developed world."
Yep.
The consumers they are marketing to don't have enough money to buy all the stuff that Fender is putting out. This is due to lots of different factors, of which, the exit of manufacturing jobs is but one (for example, all the instruments Fender made used to be made in the USA, and also marketed mainly towards people in the USA, and other developed countries, while these days, Fenders are made all sorts of places, but still only really marketed to the developed world... this is rather typical of consumer products in general).
You have to remember that the vast bulk of the market is lower end sales to first time beginners. Sure, some of those folks may shop the eBay. But most are going to wind up with a new squier/fender destined to spend the next thirty years in the attic of the kid's parents. It is a constantly refreshing market.Someone said it here and I agree. Fender has to deal also with all their older models and products flying around on talkbass, Craigslist, eBay, etc. a lot of people want to save money and get a used one. Why settle for a $700 brand new guitar when you can get the same make if not the same colour for half as much or even less?
You have to remember that the vast bulk of the market is lower end sales to first time beginners. Sure, some of those folks may shop the eBay. But most are going to wind up with a new squier/fender destined to spend the next thirty years in the attic of the kid's parents. It is a constantly refreshing market.
You have to remember that the vast bulk of the market is lower end sales to first time beginners. Sure, some of those folks may shop the eBay. But most are going to wind up with a new squier/fender destined to spend the next thirty years in the attic of the kid's parents. It is a constantly refreshing market.
You can't compare today's instrument market to the 60s. There were only a handful of makers at that time and VERY few models. In today's saturated market, Fender's only trying to compete with every company they can. I, personally, think that they'd lose out on too many customers if they only had 2 models and 2-3 levels.
Precisely. ^^^^ First-hand, endorsed proof of Squier Stigma. (TY for sharing)I would agree - 15 years ago or so. Me, I wouldn't own a squier, but lots of players would and believe that they aren't crap - they're just off-shored Fenders - which really is what they are. I'd own an ibby of the same cost before I'd own a squier because there is no pretense by ibanez that their kit is made in the US (thought the latin name adds some fun confusion to the whole thing).
Too many models, too many product lines, too many gimmicks.
Will there be a Squier Junior series that's even cheaper?
MIA Deluxe Plus Series?
Modern Player American Series?
Blue Top Series?
Affinity Premium Series?
Vintage Custom Shop Active Deluxe series?
Pawn Shop Interpretation Retro-vibe Premium series?
You get the idea...

Someone said it here and I agree. Fender has to deal also with all their older models and products flying around on talkbass, Craigslist, eBay, etc. a lot of people want to save money and get a used one. Why settle for a $700 brand new guitar when you can get the same make if not the same colour for half as much or even less?

There were only a handful of AMERICAN makers. But throw in the Japanese and European imports, and there were both many makers and many models. From 1964 through 1968 it was almost like flavor of the week in the music stores.
)... I told my parents I wanted either the blonde Rick 4001 or the blonde J bass hanging on the wall at Apex music in El Cajon - the Fender was $35 cheaper than the Rick so that's what got. Imagine that - $350 for a new 4001. True fact.Sure - and most were crap. That's why when I started playing, there was really three choices for bass: Fender, Gibson and Rick. I was 100% open minded about it, but I never liked the feel of those medium scale Gibsons (and they all sounded so muddy - YES - I owned one, so don't start with me)... I told my parents I wanted either the blonde Rick 4001 or the blonde J bass hanging on the wall at Apex music in El Cajon - the Fender was $35 cheaper than the Rick so that's what got. Imagine that - $350 for a new 4001. True fact.
Anyway, All the "other" basses were just junk. Firewood. Blech. So there IS a reason why Fender, Gibson and Rick are still around. They made real instruments (even as awful as that '77 Jazz bass was... I really should have insisted on the Rick!!!)
Not going to get into a snarkfest with you, Harry; I have too much respect for you based on your body of posts to TB. But how many of those "crap" basses do you have first-hand experience of?
To quote Sartori from post #69 in this thread:
In the 60s, there was Fender, Gibson, Rickenbacker... Guild... Hofner... Mosrite... Hagstrom.... and really not many others.
To which I would add Ampeg, Danelectro, Harmony, Kay, Custom Kraft, Dan Armstrong, Electra MPC, Eko, Framus, Goya, Burns, Vox, Standel, Kustom, National, Supro, Kapa, Hoyer, Klira, Multivox/Marvel/Premier, Alamo, Gretsch, Baldwin, Magnatone, Epiphone, and others I probably am forgetting. All sixties basses -- and at least five of these were producing basses in the fifties -- and none of them of the Japanese import "badged" bass variety. My list is all American or European product.
And yes, some were crap, but some were/are pro-level instruments. And many of the ones considered crap were considered so because we kids were too ignorant to know anything of set up. Even just shimming th neck in some cases would have made a huge difference. My take on the sixties when compared to now is that then we had many, many makers who each made only a few models of bass (which still resulted in a large total which became ghastly once the Japanese imports are figured in), whereas now we have fewer makers but with more different bass models per maker.
And I once passed on a well-maintained Gretsch 6070 bass for $150, and the next year passed on the same bass at $75. True fact. But I was sixteen and stupid. What did I know?
Every drummer I've played with who had Gretsch tubs sounded great and was usually a good drummer.

Someone said it here and I agree. Fender has to deal also with all their older models and products flying around on talkbass, Craigslist, eBay, etc. a lot of people want to save money and get a used one. Why settle for a $700 brand new guitar when you can get the same make if not the same colour for half as much or even less?
Fair enough. I'm thinking more along the lines of the many, many oddball Euro / asian quasi fenders/gibbys that were floating around. And while Hofner is still around, Dan Armstrong was nothing to get excited about (yes, I owned one of those too, many years later). I played several of the names you list and I found them lacking. Cheap parts, muddy sound... heck, muddy sound WAS the sound unless you put some effort into it, back then.
I don't ever recall playing a Gretsch... but if they were as well made as their drums, they were at least decent. Every drummer I've played with who had Gretsch tubs sounded great and was usually a good drummer.