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Yeti IPO
Posted on 10/25/18 at 7:36 pm
Posted on 10/25/18 at 7:36 pm
Looks like Yeti’s IPO finished the day trading down 7%. Guess investors think them plant baws will cut down on their spending since Mr. Mandingo ain’t give them their foreman pay.
This post was edited on 10/25/18 at 7:39 pm
11
Posted on 10/25/18 at 7:38 pm to tylerlsu2008
Yeti’s are so 2014
Posted on 10/25/18 at 7:38 pm to tylerlsu2008
quote:
Guess them plant baws cut down on their spending since Mr. Mandingo ain’t give them their foreman pay.
Know how I know you have no clue how to crack a joke?
Posted on 10/25/18 at 7:39 pm to tylerlsu2008
Its a fricking cooler. People were only gonna pay stupid prices for so long. Flash in the pan IMHO.
Posted on 10/25/18 at 7:40 pm to Disgeaux Bob
Exactly. People buy them for life, so you dont get repeat customers.
Posted on 10/25/18 at 7:49 pm to Disgeaux Bob
Dat sticker doe, baw
Posted on 10/25/18 at 7:53 pm to tylerlsu2008
Dumb decision to take it public. The pressure to get away from their core product and lower costs will ruin the company.
But the founders got paid.
But the founders got paid.
This post was edited on 10/25/18 at 7:54 pm
Posted on 10/25/18 at 7:54 pm to Disgeaux Bob
quote:
Its a fricking cooler
That lasts forever. It never breaks. You buy one and that’s it. They should’ve learned planned obsolescence like we taught the Japs after WW2
Posted on 10/25/18 at 7:59 pm to tylerlsu2008
Not uncommon for an IPO to drop. Facebook did.
Posted on 10/25/18 at 8:00 pm to CoachChappy
quote:
That lasts forever. It never breaks. You buy one and that’s it. They should’ve learned planned obsolescence like we taught the Japs after WW2
That's why they had to introduce so many accessories - had to add to the sales channel.
Posted on 10/25/18 at 8:05 pm to tylerlsu2008
quote:
Guess investors think them plant baws will cut down on their spending
Or the company pissed off the plant baws so they aren't buying as much....along with cheaper alternatives that do just as well
Posted on 10/25/18 at 8:17 pm to tylerlsu2008
Any IPO is just insiders cashing in. Plain and simple.
Posted on 10/25/18 at 8:24 pm to CoachChappy
quote:
That lasts forever. It never breaks. You buy one and that’s it.
How long have they been around?
Posted on 10/25/18 at 8:27 pm to tylerlsu2008
YETI fricked themselves when they cut ties with The NRA
Posted on 10/25/18 at 8:28 pm to tgrbaitn08
quote:
YETI fricked themselves when they cut ties with The NRA
It's almost like they didn't understand their target audience. It was a head scratcher
Posted on 10/25/18 at 8:38 pm to tylerlsu2008
I always thought they were a niche market, like Southern xyz polos and Salt Life stickers.
Quality, but expensive products that people will buy once in their lifetime? Sounds like a bad investment.
Quality, but expensive products that people will buy once in their lifetime? Sounds like a bad investment.
Posted on 10/25/18 at 8:48 pm to Ric Flair
quote:
Quality, but expensive products that people will buy once in their lifetime?
Don't get wrapped around the cooler "once in a lifetime" axle...
From a Yeti POV, the higher priced cooler brings you in, but then it's up to Yeti to create an "experience" for the customer and develop what the brand truly is...and, thus, the Yeti lifestyle is born.
If you identify as a Yeti person, then you are likely a fan of the outdoors (obviously), and have a good amount of expendable income...amongst other demographics. But, running with the expendable income part...and assuming you are brand loyal...then you are going back for more products that help you buy-in to the Yeti lifestyle, so now you're picking up one more of the cooler you love and maybe a different size cooler or two.
Do you love stainless steel cups, koozies, and tumblers...well, Yeti has you covered. What about a bag...do you need a bag? Chairs? Yep...got them, too. Clothes...you know it!
Sooooo...while, yes, maybe some buy one cooler in their life...Yeti is making their money off you coming back and spending even more on other products.
Posted on 10/25/18 at 8:50 pm to RummelTiger
I have 4
Posted on 10/25/18 at 8:50 pm to RummelTiger
Do people really buy the five gallon buckets and shite like that?
Posted on 10/25/18 at 8:51 pm to RummelTiger
You’re wasting your breath with these mouthbreathers.
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