First, he said KOLD validated home beverage. Then, he pivoted to the ability of SodaStream users to control flavor and carbonation. Kernan playfully teased that CO2 is a "pollutant" according to EPA. Kernan was actually mocking the EPA. The "competition" from KOLD was welcomed by Daniel, but he NEVER mentioned the cost, ineffectiveness or limitations of the KOLD!!! He just "welcomed" the competition. The guy just doesn't have a killer instinct. Aaarghh! Same old Daniel IMO. Watch the PPS today. If it goes down, too funny. Volume also will be interesting. My dog did enjoy Daniel's appearance:)
I will try - just for you!!! No, I don't think there are enough buyers IN this HIGH end frig to move the ER needle. That was why I don't think the Samsung/SODA got much traction. I did however expect Samsung and SODA to continue to move into their lower priced line AND (as heystugots was making the point) make deals with/into other refrigerator manufacturers, i.e. GE, Whirlpool, etc. Example, I know I am dating myself now,
but back in the mid 1980s when MSFT was going to go public, many in the company first thought they should give the software away. They believed the money was going to be made in the purchase of the computers/hardware. Bill Gates. wisely, believed & saw the need & money would be made in the software. Computers were the commodity & they were not going to be any good without the programming/format/internal operating system. So they made their deals with all the computer manufacturers to purchase "the guts" that gave all the computers the ease of the operating system.. We can see what happened with (& the competition) in the computer hardware market, but all keep coming with improved chips & operating systems!! So to my point of the technology of SODA, IF the average consumer price ranged frigs come equipped with the CO2, it will be absorbed into our everyday use. When refrigerators first started coming out with the dispensing unit on the outside of the door, many didn't believe that would be a big deal either - who needs to get water and ice out of their frig door when you have water from the tap & ice in the freezer!!
I still think there is currently a market niche for the countertop machine, but don't believe that is the ultimate future of the market - at least not in the US. I think the MIX looks exciting & also the other hot/cold one SODA is bringing out (sorry can't recall the name) & I'm not bashing GMCR , I bought & sold their stock twice & made money both times. Do think their hubris though could be there downfall. Help?
I just saw it.He's on at 6:00 EST. Smaller audience for sure(good time for him in Israel). Let's hope Kevin McCarthy doesn't prep him:)
stkm-Do you really think this is a market with enough buyers? Awfully high end. Thoughts? We discussed this long ago, and as I recall, MOST thought this wouldn't much move the ER needle. You think otherwise? If so, can you quantify your thoughts.Thank you.
CNBC will ask Daniel some tough questions or make statements like.
1) What the Hell were you thinking?
2) When will the board be replacing you?
3) At what point will PMWR be acquiring SODA
4) Please don't do any major moves without consulting someone with knowledge in the industry
5) At what point will PEP walk away
Probably bad PR marketing on both of their parts. Having said that, (what fingers got wrong typing before!!) was, it was rather pricey - $3495 to $3895 AND we had to have HD order it for us - they did not have them on the floor. We periodically get offers from HD for interest free financing over so many months if you spend so much OR 20% off of an item - we choose the 20% off so our frig ended up being @ $3000. A model we were looking at without the SODA was @ $2800 anyway and both the husband and kids like/wanted the carbonation!! The kids love their SODA machine since they mix their own concoctions!!!
My point AND frustration with SODA is that I don't understand why they did not/do not move faster on this area - the market is theirs!!! However, you need to get in that price range that is plausible to consumers!! AND AGRESSIVELY MARKET. Dispensing frigs sell anywhere from $800 to $1500 -- people pay that to replace their frigs. This technology should be moving in all frigs and should get cheaper -- much like when big/flat screen TVs come on the market, they were much more expensive and now they are everywhere and inexpensive.
I don't think SODA fully understands the US consumer. I will never buy a KOLD, regardless of how expensive the machine is - WHY would I pay $5 for 4 pods!! My kids could drink that in one day (all though they don't) I am not paying @ $150 a month for pods!!! My local grocery store sells 2 12 packs of soda (KO/PEP) for $6.00 and sometimes 4 for $10. If I go to the local soda/beer world, I can mix and match a case for $6 to $9!
Rumor is that they needed someone to run for coffee and donuts as well as lunch request. I heard you were fired because you couldn't get the orders right?
I also heard that's what got you into the back office where no Client's would have to deal with you face to Face for fear they would recognize you. you corruborate that story?
Reread Cold's post stupid. ..."although weasels aren't that smart" meaning Cold said it wasn't Bobva. You're not only a bad "investor," you're another anonymous Internet LOSER. Now, go count your losses in GMCR.
No, you liar. Bobva isn't a candidate. You are "stockman," "Commonsense" and others. Now, slink back to your KOLD machine. You can live in it!!!