To Chromcraft,
Our Chromcraft sales are already ahead of all of 2007. We don\'\'t sell the junk, just the better domestic products. Our sales would be 3x or 4x higher if this company would make domestic product that appealed to people under AARP age. I recently found an inventory from 1995. The sets on that inventory were basically the same as what\'\'s available to us today. Would you buy a car with 13 year old styling? Didn\'\'t think so. How do you expect people to buy a dinette set with 13 year old styling? At any price?
Cutting choices and quality by making it in China may bring the retail price to $899 or $999 but do you think people will spend that much money for a lesser product? Customers just won\'\'t buy, they\'\'ll leave in frustration that they can\'\'t get what they want. I know, I see it every day.
Hire a designer, and do it right this time. Reproducing Jetson\'\'s acrylic sets from the 60\'\'s was not the answer. I realized that when we delivered a new set (not Chromcraft) to a customer and their old acrylic set was on the front lawn. Just for kicks I turned the chair over - and it was an original chrome-plated Chromcraft from many years before (in perfect condition I might add.) As soon as I got back to the store I marked down the acrylic set we had to below cost just to get rid of it.
Also, don\'\'t knock off other factories. You can\'\'t get the details right. The nice looking brushed steel stationary chair from a couple of years ago comes to mind. Better made than the original, and less expensive. We carried both yours and the original, and yours didn\'\'t sell. Again, the details weren\'\'t there and our customers could tell. Your domestic stationary product can sell, I\'\'m a retailer and I know it. But it has to be original and look great. Just pay a designer and do it right. Find John Klein, he knows what works. Your quality is there, just put more desire into the product.
As a publicly traded company, its tough to tell your shareholders that you plan to do less business this year than last. However, we are in a business that is contracting, and everyone knows it. And as the results show, imports aren\'t the answer.
Factories are dropping like flies. This is a great opportunity. The Chromcraft name still means something to many people. Have a plan. Be better. Don\'\'t milk your reputation. Keep Americans employed. Make a quality product, and make it desirable.
I know the economy stinks but take two seconds and see how just many lawyers and doctors and other people of means are out there, people with money in this poor economy, people who will spend what it costs to get what they want, people under the age of 50. Can\'\'t you make product for these people too?
Your import program with sharp price points is aimed at people with literally no money to spend on furniture.
Accept being smaller but better. In the year 2008 that will be the trait of survivors, and you need to survive to be around when things improve.