Thread: GMC goes into receivership

Not a bad idea Bob. I reckon there may also be a good opportunity for someone to set up an online business and drop-ship tools. I'd be interested in why this is not already done.

Rumour mill has suggested there are at least three companies eying off GMC. I can't say if that is anything more than mere rumour though.

Originally Posted by Groggy

Not a bad idea Bob. I reckon there may also be a good opportunity for someone to set up an online business and drop-ship tools. I'd be interested in why this is not already done.....

Not sure what you mean?

Carbatec, Timbcon, Gary Pye, CWS, Trade Tools Direct, Sydney Tools, Northwood Tools, Just Tools..... etc etc etc....

Originally Posted by Cliff Rogers

Not sure what you mean?

Carbatec, Timbcon, Gary Pye, CWS, Trade Tools Direct, Sydney Tools, Northwood Tools, Just Tools..... etc etc etc....

All of which have a physical premises that carries inventory. I was suggesting a virtual business that redirects orders to manufacturers or importers to ship direct to the customer.

No need to carry stock and reduces cost to the customer. Same logistical chain set up as Dell, order off the web and the computer arrives from the manufacturer. Shipping costs are single node, not multiple.

Pay for display.

The problem with places like Sydney Tools is that they are online retail outlets. Not wholesalers or manufactures direct`selling. I think Triton should go direct manufacture to customer. Retail outlets such as Bunnings are paid to stock and promote items. More important is trade shows and sponsorship. Magazines articles and reviews. tomes are changing and so is retail for non consumable items.

Originally Posted by echnidna

If Triton set up their online shop so that their wholesale customers received their normal margins on all tritons online sales there may end up being a queue to become an official retailer.

This defeats the prupose of a purely on-line store. The idea was to cut out the middle man, thereby reducing the cost to the end-user, me. If the wholesaler (store) gets their margin then either Triton lose out or the price goes up, or we are back at teh point where there are 2 prices, the direct/cheaper or the store/dearer.

As for the retailers listed with an on-line store they are doing that to expand their customer base with low overhead whcih is still good as savings can be passed on.

Originally Posted by bpj1968

This defeats the prupose of a purely on-line store. The idea was to cut out the middle man, thereby reducing the cost to the end-user, me. If the wholesaler (store) gets their margin then either Triton lose out or the price goes up, or we are back at teh point where there are 2 prices, the direct/cheaper or the store/dearer.

As for the retailers listed with an on-line store they are doing that to expand their customer base with low overhead whcih is still good as savings can be passed on.

The object of my proposal is to maximise exposure and build a sound sales network without reliance on any individual retailer while still making good money. It is essential to develop a good volume of sales which takes time. The thing that kills online sales is delivery costs, which can be largely offset by involving merchants who supply hands on demonstrations. At this point in time its just a basic outline of a system that should succeed, not a full blown marketing strategy, which is another story altogether.

Sorry for butting in guys,AND I haven't read the whole story either.
But Last year there was quiet a few Forumites Come across a good deal on Triton 300mm bandsaws.I think it was $300 delivered anywhere in Australia( Within reason)
I have been in contact with a few of these new owners,and the saws came direct from Triton themselves
Not to the dealer in Sydney then back to Melb.
Is this the sort of thing you are talking about?

That's one of the proposals, but it was $300 + delivery not sure if it was direct from Triton. It was also a mistake by Triton who gave the dealer the wrong price, instead of the $700 mark.

Echidna, Knockonwood proposed the purely on-line with the reduced savings passed on. I personally think Triton products do need some sort of hands on to make a sale and I suggested a simialr netweork, but again there is a cost someowhere taht has to be borne ultimatley by the customer.

Where as someone like Sawandbits is doing a roaring trade purely on-line, in no small part due to the really cheap prices and router bits etc, don't require as much "hands on"

Originally Posted by bpj1968

That's one of the proposals, but it was $300 + delivery not sure if it was direct from Triton. It was also a mistake by Triton who gave the dealer the wrong price, instead of the $700 mark.

on"

A bit of correction for you.It was $300 delivered direct from triton mate.
I know,because I got one and have the paperwork.
I didnt think that was the point I was getting over.I thought it was the paying and distribution methods
.Aussie

Originally Posted by Eagle (29th Jan 2009)

Hopefully at the end of this week, today or tomorrow. We are all waiting with bated breath!!

According to one of my reliable sources, Triton is now no more. The lateness of any update to this post tends to support that. Sad, but I'm not holding my breath any longer.

Ray.

Originally Posted by rayintheuk

According to one of my reliable sources, Triton is now no more. The lateness of any update to this post tends to support that. Sad, but I'm not holding my breath any longer.

Ray.

no thats incorrect. The manufacturing plant that produces Triton is not making any at the moment, obvioulsy very understandable considering the company is in administration and no payments are guaranteed at this stage. I am sure you will find that once the new owner is announced Triton will resume manufacturing. The process is taking longer than expected but we are all hoping that we get some positive news early this week.

Hi All / Eagle.

I understand all that I have read but, as I have now sent a second email to GMC and still not recieved an answer..........

Where can I source spare parts from? I have just broken the plastic guard on my sliding mitre saw.

GC

Originally Posted by GC

Where can I source spare parts from? I have just broken the plastic guard on my sliding mitre saw.

GC

I think you're out of luck there, as I doubt that the Receiver will sell spare parts.

I think all his time is spent trying to sell the businesses in order to repay his appointing creditor, after all he isn't a receiver/manager so he hasn't the option to continue trading in the interim.


Peter.

Aussie, My apologies on the price. (I missed out by a day or two myself on that deal but I remember discussion about the delivery price. Looking back at that thread it looked like $240 + $60.)

I did undestand teh poitn you were getting across, i.e. delivery / payment, though dealing direct would be cheaper. It seems purely academical as there is little noise coming from Triton.