Megabass Price Increase

[TNBankFishing]

Looks like MB has increased the prices on their USDM rods both casting and spinning. Multiple websites now show $249 for Levante and $349 for Orochi. While I can understand an increase because the cost of materials has gone up, I don't think 25% is a good jump for the Levante. Considering it is very difficult to get more than 10% off on any MB sticks, they have priced themselves out for a lot of folks. 

[EWREX]

at my job we've had some substrate go up 80% in the last couple months. i'm not justifying their increases, but you never know

[RDB]

Don’t worry, the Fed said that inflation is transitory.

 

 

Edit:  Sorry, I forgot I was posting on a fishing site:

 

transitory

 

trăn′sĭ-tôr″ē, trăn′zĭ-

adjective

1. Existing or lasting only a short time; short-lived or temporary.
2. Continuing only for a short time; not enduring; fleeting; evanescent.

 

JK…Aren’t we having fun

[TNBankFishing]

Just now, EWREX said:

at my job we've had some substrate go up 80% in the last couple months. i'm not justifying their increases, but you never know

I would expect the same increase for all rods if they had material shortages. Instead its 25% for Levante, 15% for Orochi, and 0% for P5. 

[EWREX]

1 minute ago, TNBankFishing said:

I would expect the same increase for all rods if they had material shortages. Instead its 25% for Levante, 15% for Orochi, and 0% for P5. 

if there is an industry wide increase, that is for certain. MB is towards the 'higher end' on the gear spectrum and people will pay for the premium product.

[FishTank]

Wow.  Thanks for the heads up.  I was thinking of getting the Lavante Jerkbait Special and contacted a tackle shop that I can't mention here and got it for $160 with their coupon.  They, for whatever reason, let you use coupons on Megabass stuff but the Levante is the only rod they have stock on.

[thunderblack]

I have heard this will be industry wide. More manufactures will be doing this in 2022. 

[TNBankFishing]

Guess we better spend the cash now to get the lower prices, or just wait for it all to equalize and sell gear to buy gear. Sucks either way. 

[FishTank]

5 minutes ago, thunderblack said:

I have heard this will be industry wide. More manufactures will be doing this in 2022. 

 

I have been looking to get a new Hobie kayak and heard the same thing back in August of 2021.  All prices will jump for gear, especially for companies with protective pricing. 

[NorthernBasser]

I guess Kistler was ahead of the time with their steep price bump a year or two ago.  

[padon]

hmm idk .i own levante and orochii . i like both rods but idk if i would pay 50 more for each. then again i guess i could say that for my other rods too. so i guess it all evens out.

[Diggy]

I can't take anymore rod related financial blows, Im 50 bucks away from seeing Elizabeth!

 

 

[volzfan59]

Heck, everything is going up yet we keep getting told how strong the economy is.

[FishTank]

25 minutes ago, volzfan59 said:

Heck, everything is going up yet we keep getting told how strong the economy is.

 

In my neck of the woods, every business is booming.  Where I work, last year we set new records and the first week of January was the best in my companies history...... If we could only get steel and electronics for our machines..... Oh and few healthy employees that can stay on their feet wouldn't hurt. 

[A-Jay]

17 minutes ago, volzfan59 said:

Heck, everything is going up yet we keep getting told how strong the economy is.

That's what printing more money will do for us. 

A-Jay

 

[Columbia Craw]

Transcontinental marine shipping companies increased rates at a level any import is bound to see significant increases at the cash register.  

[garroyo130]

7 hours ago, EWREX said:

MB is towards the 'higher end' on the gear spectrum and people will pay for the premium product.

 

My guess is they've monitored the second hand market and have determined how much people are willing to pay for a rod and have decided better they get the profits than a reseller.

 

This thread makes it seem like they were forced into the price increase ... they're a premium brand and if they think the rods will sell at a 100% mark up, they'll do it.

[volzfan59]

47 minutes ago, A-Jay said:

That's what printing more money will do for us. 

A-Jay

 

You are 100% correct, as always. When the printing stops, and it will, people will understand.

[Junger]

47 minutes ago, A-Jay said:

That's what printing more money will do for us. 

A-Jay

 

Yeah QE4 was backed and started by the previous administration, and unfortunately the current Fed Chair appointed by #45 hasn’t been replaced yet. 

[EWREX]

2 hours ago, NorthernBasser said:

I guess Kistler was ahead of the time with their steep price bump a year or two ago.  

[Skunkmaster-k]

Yeah I went to Academy yesterday to pick up a reel for my crankbait rod and was shocked at how much everything had gone up. 

[FishTank]

 

[TNBankFishing]

I wonder who in the biz leaks things to him. There is no way he had time to create, edit, and upload this the morning the increase dropped. He always seems to have a pretty good pulse on the market and new drops considering he's not a vendor or rep. 

[volzfan59]

11 hours ago, Junger said:

Yeah QE4 was backed and started by the previous administration, and unfortunately the current Fed Chair appointed by #45 hasn’t been replaced yet. 

QE, Quantitative Easing, has pretty much been going on since 2008 hasn't it? Chairman Powell was reappointed, we'll see what happens but I'm afraid it ain't gonna be pretty. 

 

Talk about perfect timing, Consumer Price Index numbers dropped this morning. Inflation up over 7%.

[Deleted account]

11 hours ago, volzfan59 said:

You are 100% correct, as always. When the printing stops, and it will, people will understand.

No, we've crossed that bridge. The printing will continue, it will get spun into something that doesn't sound like printing (again). The incorporating the cryptos into the main stream economy is going to be interesting, as will how long the dollar can remain the defacto world currency standard.

I did a short stint with CitiCorp in the 80s and got a peek behind the curtain, it's all monopoly money in the end.