Wudja buy an M&P 2.0 Compact 9mm at "the right price"?

Discussion in 'HOT Deals - Links to what we can't live without' started by Jeppo, Sep 12, 2017.

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Wudja buy an M&P 2.0 Compact 9mm at "the right price"?

  1. Hell yes!

    87.0%
  2. Hell no!!

    8.7%
  3. Only if he'll take my G19 in trade!!!

    4.3%
  1. Jeppo

    Jeppo Well-Known Member

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    There's been chatter about who would buy one and what would be the right price. My idea is we express our interest here (obviously without obligation) in hopes there are enough of us interested that we can strong-arm @knifeman32 into getting us a hot group deal. :D

    Waddya think?
     
  2. Love2shoot

    Love2shoot Active Member

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    Unfortunately i have to say im in.
     
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  3. Jeppo

    Jeppo Well-Known Member

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    :confused:
     
  4. Longlegs

    Longlegs Member Supporting Member

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    I'll buy one at the right price.
     
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  5. bashman

    bashman Happy to be here

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    In


    Sent from my iPhone using Tapatalk
     
  6. Rockchucker

    Rockchucker New Member

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  7. knifeman32

    knifeman32 Member Sponsor

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    I've actually already got a wait list for these guys. It shouldn't take me a terribly long time to get through it but as for now, there is a wait list. As for pricing, shoot me a pm. We never post prices on the open forum for obvious reasons. Thanks!
     
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  8. Jerzsubbie

    Jerzsubbie Senior Member Charter Member Benefactor

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    I don't understand why they're intro pricing for the compact is $150+ more than the 4.25" and 5". For $399 I'm in! If they offer a threaded combo with night sights for $499-529 like the FS 1.0, I'm in on that too!
     
  9. Jeppo

    Jeppo Well-Known Member

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    Very good question!

    The way I interpret their financial results, I think S&W is having at least the same tough time as most other firearms makers. Everybody built inventories expecting to see limitless demand from a Hillary win and then the bottom literally dropped out of the market. They nearly gave away guns for months (still doing it in a few states) with $75 and $50 rebates and, at the end of the program, there was more inventory sitting than when they started. That's really not good. Sales, profits and consequently the stock price (perhaps the most important metric for top management) suffered. At all costs, they need to get rid of that inventory (that would increase sales) and profits (hard to do when you're forced to discount the inventory and/or offer rebates). What are their options (at least as I see them)?

    1. Continue discounting the "old" inventory (maybe even increasing discounts/rebates) to jam the inventory into dealers' and consumers' hands (very painful for S&W). While doing that, profits will continue to suffer as will the stock price. However, once it's over, they can move on.
    2. Continue sitting on the inventory, without extraordinary promotions, and let it take however long it takes to sell it. This would result in lower sales ('cause it might take a long time) but those sales would be more profitable. In addition to impacting the stock price, this would limit the amount of cash they have to run their ongoing business (since so much cash is wrapped up in slow-moving inventory).
    3. Continue with option 1 but also develop some new guns that the market covets and will pay bigger prices for (therefore, more profitable). If those new guns sell quickly enough and at high enough prices, those sales and profits would make a contribution to the "hit" that comes from following option 1.

    They've announced one new gun last week and have said they have several others coming in the next 6 months or so. It appears they're going with option 3. For that to work, they need people to pay bigger prices for the new guns and need them to sell fast. The problem with option 3 is that, the better the new guns sell, the slower their old inventory will sell because most consumers will likely buy only one gun at a time (i.e., I'll that the new Compact instead of the old Compact).

    One of the many problems they face is that they need to build inventories of these new guns in order to get the sales and profits. While they're doing that (and still stuck with an enormous inventory of slow selling items), their problem actually gets worse. I'm glad I have the luxury of watching all this unfold (and buying some great deals) instead of being responsible for running the company. What's happened to their share price demonstrates that Wall Street doesn't have a lot of confidence.

    Assuming they've selected option 3, we can see why a "new" Compact is being offered for significantly more than an "old" FS. They're simply trying to dig themselves out of the hole. I believe I'll make a small contribution to the future of S&W by picking up a new Compact when @knifeman32 gets a few.
     
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  10. Ncvarmint

    Ncvarmint New Member

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    Knifeman32,
    Any idea when your supposed to start getting them in about?
     
  11. Mad Dawg

    Mad Dawg Bourbon Swigler

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    Agree. If offered as Jerzsubbie suggested, I would be interested. Though my next M&P purchase will likely be the 2.0 5" .45.
     
  12. knifeman32

    knifeman32 Member Sponsor

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    The first shipment has came and gone. We got around 10 of them. I've still got around 10 or so left on the wait list. The second shipment should be soon but granted nothing is set in stone and I rarely count on anything that I'm told delivery related.
     
  13. Ncvarmint

    Ncvarmint New Member

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    Oh ok,
    How did you like them? Was the grip the same hieght as a G19? My pinkie hangs not quite halfway off bottom of grip if mag is removed on my 19 and it's the perfect size for me
    Thanks
     
  14. knifeman32

    knifeman32 Member Sponsor

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    To be honest I didn't fondle them too much. I shipped them out essentially as soon as they arrived. The grip size seemed roughly the same as the 19. As mentioned in an earlier post, think of the springfield XDM full size versus the springfield XDM 3.8 with the full size grip. Essentially the same with these and the full size 2.0's.
     
  15. Jerzsubbie

    Jerzsubbie Senior Member Charter Member Benefactor

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    This Brownells video does a good physical comparison to the G19. You'll have to skip towards the middle/end to get to the good stuff. This guy rambles a bit.
     

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