Actually thought Linn prices don't excite me

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Hermann
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Actually thought Linn prices don't excite me

Post by Hermann »

Today my friendly dealer sent me a new protective hood for the Ekstatik. Unfortunately, he had not mentioned the price beforehand, because then I would have given up immediately. 26 euros for a piece of plastic, which as a produced individual part could hardly be priced in cents. Even if a smaller quantity could be accepted, the price is outrageous in my opinion. I'm not concerned with the amount itself, but the value it represents. I'd rather be a little more careful when dusting off the LP12 than succumb to this usury.

Is the price similar in other countries?
Trust your ears
tokenbrit
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Re: Actually thought Linn prices don't excite me

Post by tokenbrit »

Did you buy your Ekstatik from said "friendly dealer"? If so, then I'm not sure they're deserving of that title. €26 isn't a lot to protect a €7.2k cart, but it's also an opportunity for a little goodwill on the part of the dealer (& Linn?) in appreciation of the (repeat) business 🤔
Charlie1
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Re: Actually thought Linn prices don't excite me

Post by Charlie1 »

Yes, that's rather a lot for a small piece of plastic. I suppose we don't know what the manufacturer charges for a similar cart of their own brand - forget their name now.

I struggle to reconcile the price difference of a Rega Anniversary P3 with external motor at £899, or even a fully loaded P10, against a modern LP12s of any kind.

Any why has a Keel gone up about 60% since its launch 15+ years ago? Seemed very expensive for what it was when it came out, let alone now. Also, Linn machine them at the factory now. I know all costs have gone up but blimey.

We all want them to be successful, cover their costs and make a profit but I dunno, still seems overly expensive at times.
Spannko
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Re: Actually thought Linn prices don't excite me

Post by Spannko »

Linn appear to be working on relatively high gross profit margins in the region of 57%. This compares to about 39% for Naim. This makes Linn about 46% more expensive for a like-for-like product leaving the factory floor. These figures don’t include administrative costs, salaries, R&D, etc. Linn spent £1,200,000 on R&D. Naim spent £1,345,010 on R&D. Interesting!


These figures are in the public domain.

Linn: https://find-and-update.company-inform ... ng-history

Naim: https://find-and-update.company-inform ... ng-history
Charlie1
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Re: Actually thought Linn prices don't excite me

Post by Charlie1 »

So Naim have double the turnover - have I read that right?
Spannko
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Re: Actually thought Linn prices don't excite me

Post by Spannko »

Charlie1 wrote: 2023-08-16 12:39 So Naim have double the turnover - have I read that right?
That’s correct. 2.5X in the UK and 1.8X worldwide.
tokenbrit
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Re: Actually thought Linn prices don't excite me

Post by tokenbrit »

Without LP12 and speaker sales, that disparity in turnover between the two companies would be even more marked... :!
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