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Old 04-07-2007, 02:17 PM
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Default Penn Does Not Suck

It is a fact that Penn does not suck.

There are certain people on this board complaining that they can no longer get a deal on Penn products through certain retailers. I am not sure why these people think they deserve a discount, what do they give Penn in return besides a rude gesture?

The manufacturers have been forced to implement Minimum Advertised Pricing becuase certain retailers will discount the products so much that it takes out any profitability in the product. This discounting destroys the market for these items for the manufacturer and for all the rest of the retailers. You wonder why You often hear about the local tackle shop going out of business. It is simple, if you can't make a profit, you can't pay the bills and you go out of business.

Penn's hand was forced by discount retailers who were happy making $10 profit on a $100 reel. At the end, the discounter made little to no profit, violated all sales agreements, hurt all the other retailers, negatively effected the overall market and pricing for these products, and hurt the consumer's ability to find and buy the products. It is understood that everybody wants to get a deal, but I suspect that everybody also wants a high quality, nearby tackle shop available to them, too. The independent tackle dealer simply must make a certain reasonable profit on its sales to keep the doors open. The manufacturer must profit, too.

Penn is a great American Company and it deserves the support and respect of the American fishing community. With the recent acquisition of Penn by a strong publicly traded company called K2, it is my belief that an already great company will see an infusion of investment, new products, and an overall improvement in all areas.

Because one is unable to get a "deal" on a high end Penn Gold Label product, it does not mean the company "sucks". Sometimes you simply have to pay to play. There are countless other competing products available on the marketplace that you are free to choose from where you can get a deal. No one is forcing you to buy Penn, but it seems that many anglers want their products.

Please remember that there are people behind the Penn name. These people are Americans. When someone rudely says Penn sucks, you are saying the American people behind the name suck. I can tell you first hand that they are good people with a good products. From Brent Kane, the National Sales Mgr, to Betty the parts department lady, they are good quality people.

If you want one of the elite fishing reel companies, you have to consider Penn.

Keith Fraser
www.alltackle.com
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Old 04-07-2007, 02:19 PM
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Default Re: Penn Does Not Suck

good post - amazing how many people think anything they buy should be at dead cost and no one should make a buck off them. Yet in their own business, they try yo make a "killing" and think nothing of it....
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Old 04-07-2007, 02:39 PM
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Default RE: Penn Does Not Suck

EXTREMELY WELL PUT...............



I own 3 retail stores and we deal with alot of the same issues. Many customers simply dont understand anything other than bottom line pricing!!There is much more to the retail story.....

The fact is Bottom line pricing will usually get you Bottom line service.

AGREED ...PENN DOES NOT SUCK!!!
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Old 04-07-2007, 02:43 PM
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Default Re: Penn Does Not Suck

Penn Reels...Buy one and you have a reel that will last a lifetime.

Does it get any better than that?
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Old 04-07-2007, 03:26 PM
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Default Re: Penn Does Not Suck

Like with all other marine products, I buy my Penns from the dealer that gives me the best price and good service.
In our free market system competitive pricing is the key, not price fixing.
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Old 04-07-2007, 03:45 PM
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Default RE: Penn Does Not Suck

I have to agree. I own 14 Penn reels in fourteen
years my repair costs to the reels reels has been $10.00 . I personaly did not know that any body else made a quality saltwater fishing reel. The local tackel shop may cost a little more but I do not care. Small bussiness is what made this country.
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Old 04-07-2007, 03:49 PM
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Default Re: Penn Does Not Suck

I own 4 50tw internationals, a couple gtis, and a couple senators....can't say one bad thing about them...great product...would do it again in a heartbeat
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Old 04-07-2007, 03:49 PM
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Default Re: Penn Does Not Suck

well said by all. you get what you pay for. you want high end you pay for it. just look at all the boat manufacurers that went the cheap way......OUT OF BUSINESS.
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Old 04-07-2007, 04:05 PM
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Default RE: Penn Does Not Suck

well said
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Old 04-07-2007, 04:28 PM
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Default Re: Penn Does Not Suck

Yep... Well said Keith
I wish I could say I still like their products as well as the competition...
There was a time when I had virtually nothing but Penn... Like I said in the other thread, their service was great, and very convenient to anyone in the Phila area especially. I would be disappointed to hear that's changed.
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Old 04-07-2007, 05:13 PM
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Default Re: Penn Does Not Suck

Its the Wal-Mart mentality that everything should be discounted. Where is the guy you bought it from at Wal-Mart 5 years from now when the reel needs new drag washers? Manufacturers have a right to protect their dealer and distributor networks. If a dealer doesn't like the policy he is free to sell something else, let them jump on Tica or Okuma. The U.S. consumer is quickly becoming the worst enemy of the small business dealer. I would love to know exactly how much savings these folks are talking about on a $450.00 Penn reel. The tackle shops can't be making that much money. I believe that margins have been squeezed and there just isn't anything to discount anymore.
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Old 04-07-2007, 05:56 PM
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Default Re: Penn Does Not Suck

I have no problem with Penn. I think it’s Teller that I don’t like.

Teller is the one that doesn't talk, right? That little freak of nature catches bullets in his teeth.

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Old 04-07-2007, 06:12 PM
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Default Re: Penn Does Not Suck

Quote:
robbiedon - 4/7/2007 4:13 PM

The U.S. consumer is quickly becoming the worst enemy of the small business dealer.
Amen brother Amen...
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Old 04-07-2007, 06:15 PM
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Default Re: Penn Does Not Suck

Quote:
robbiedon - 4/7/2007 5:13 PM

Its the Wal-Mart mentality that everything should be discounted. Where is the guy you bought it from at Wal-Mart 5 years from now when the reel needs new drag washers? Manufacturers have a right to protect their dealer and distributor networks. If a dealer doesn't like the policy he is free to sell something else, let them jump on Tica or Okuma. The U.S. consumer is quickly becoming the worst enemy of the small business dealer. I would love to know exactly how much savings these folks are talking about on a $450.00 Penn reel. The tackle shops can't be making that much money. I believe that margins have been squeezed and there just isn't anything to discount anymore.
You have hit it right the current american mentality is I want it as cheap as possible I don't care how good it is.Look at the construction industry as proof and walmarts and home depot.Have you ever asked someone in homedepot how to do something .I was raised on buy it right the first time and only cry once.
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Old 04-07-2007, 06:33 PM
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Default Re: Penn Does Not Suck

I think 10 dollars profit on a 100 dollar reel is appropriate. What should they make?$30??? If thats the case im in the wrong business.
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Old 04-07-2007, 06:43 PM
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Default Re: Penn Does Not Suck

Quote:
surly - 4/7/2007 4:33 PM

I think 10 dollars profit on a 100 dollar reel is appropriate. What should they make?$30??? If thats the case im in the wrong business.
perhaps you are...
there are likely some cooperatives in north korea with whom you could apply
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Old 04-07-2007, 07:03 PM
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Default RE: Penn Does Not Suck

PENN was recently bought by Shakespeare...
I don't what to say
Time will tell.
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Old 04-07-2007, 07:03 PM
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Default Re: Penn Does Not Suck

I can't believe any American consumer with half a brain would buy into this price fixing crap.
It's absolutely stupid, there's no other word for it.

If you want to buy products from Walmart or Home Depot, that's should be your choice. And if you want to buy from a small Mom and Pop store, that too should be your choice.

If you're stupid enough to want to buy your next new boat or cars at the manufacturer's list price, no one should really have a problem with that either.

But for anyone to try to tell you that fixed prices are good for the American consumer is nothing but pure unadulterated B*ll S*it.

Sure, you want to support your local tackle store you should be free to do so, but the rest of us shouldn't be forced to stand still while we're being robbed just because you enjoy it.

I will absolutely never buy anything from any business that follows a manufacturer's price fixing policy.
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Old 04-07-2007, 07:49 PM
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Default Re: Penn Does Not Suck

Quote:
Kilo Papa - 4/8/2007 3:03 PM

I can't believe any American consumer with half a brain would buy into this price fixing crap. ...

But for anyone to try to tell you that fixed prices are good for the American consumer is nothing but pure unadulterated B*ll S*it.

B*I*N*G*O !!! B*I*N*G*O !!! B*I*N*G*O !!!


And it’s illegal, too.

I actually wrote a scathing post critical of several points of BS in this thread’s original post, but decided there was no real benefit to anyone by my posting it...so I didn't. But you hit on one of his points of BS.

Everyone keep in mind that the original post to this thread was a message from someone that derives his bread and butter from selling Penn product. From there you can take his message anywhere that makes you comfortable.
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Old 04-07-2007, 08:21 PM
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Default Re: Penn Does Not Suck

I will absolutely never buy anything from any business that follows a manufacturer's price fixing policy.

Be careful what you bow up about. Minimum pricing has been around a long time and is more prevalent than most think.
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