I'm glad not every news outlet is glossing over this fact: "It's unclear whether those sales are sales to the retail channel or actual sales to consumers."
Let's put questions of Sammy's [honesty when reporting numbers] record aside, and assume that the 800K number represents the number sold into the channel, including those sold through to customers.
Wal-mart, alone, has 11,000 retail outlets world-wide... So, an average of ~70 per store for ~2 months is not unreasonable...
At least here in Sweden: When you buy a high end Samsung phone you get the Gear for free. An educated guess is that they have given away 750K and sold 50K.
At least here in Sweden: When you buy a high end Samsung phone you get the Gear for free.
An educated guess is that they have given away 750K and sold 50K.
Ahh... A customer SPIFF...
Actually, that's a good marketing approach -- the customer buy's a high-end phone for himself, and gets a watch to use as a holiday gift...
Unfortunately, Samsung has lost all credibility, if they ever had any. Since deceptive practices seem to be the norm for Samsung, anything they say should be taken with a bucket of salt.
Not bad. However, if Apple were to sell only a few million smartwatches it would be considered an epic failure. It's a relative sort of victory for Samsung. By the time Apple introduces its own smartwatch, Samsung will have reduced the Galaxy Gear to around $150 or even lower if necessary just so Apple won't be able to sell its own smartwatch in high quantities. Nowadays, only market share matters.
One thing for sure, those Gear smartwatches are probably counted as Android activations to kick Android market share even higher in comparison to iOS. Chalk it up as another gazillion a day Android activations to show Android is just crushing Apple into oblivion.
What if you have 99% market share, 1% profit share? Cash is the life-blood of a company, he who has more ca$h thrives while others die (not that Samsung isn't making profits, but if I were a company, $$$$ would be most important to me)
What success means in the gadget/tech world: "PS4: 1 million devices sold in 24 hours. Apple: we sold 9M devices during launch weekend." How can 800k devices since launch...which was two months ago (?) mean... success today?
Let's put questions of Sammy's [honesty when reporting numbers] record aside, and assume that the 800K number represents the number sold into the channel, including those sold through to customers.
Wal-mart, alone, has 11,000 retail outlets world-wide... So, an average of ~70 per store for ~2 months is not unreasonable...
That's exactly what I'm thinking.
These watches have been heavily promoted. The ads for them are really cool and make it sound like these are devices from the future. So, 400K per month globally sounds like a pretty dismal failure.
Given the bombardment advertising and free giveaways, I wonder what Sammy's marketing costs have been per watch "sold"?
They told you what happen, it so popular they are continuing the "Sale Promotion" which is marketing speak for they are not selling so we have to entice people to buy, i.e. give them away to get them to buy something else.
Comments
Sure 800,000 sold, 50,000 to end users and 750,000 sitting as inventory at various reseller warehouses and stores.
But again, I'm technologically illiterate
These Galaxy Gears would be perfect for throwing at the birds to stop them from eating the seed.
According WSJ report, it's actually 800k SHIPPED, not SOLD.
Oddly the article title says 'sells' http://blogs.wsj.com/digits/2013/11/19/samsung-sells-800000-smartwatches-since-launch/
I'm glad not every news outlet is glossing over this fact: "It's unclear whether those sales are sales to the retail channel or actual sales to consumers."
http://news.cnet.com/8301-1035_3-57612913-94/galaxy-gear-tops-800000-units-sold-in-two-months/
Wal-mart, alone, has 11,000 retail outlets world-wide... So, an average of ~70 per store for ~2 months is not unreasonable...
LOL...
An educated guess is that they have given away 750K and sold 50K.
Ahh... A customer SPIFF...
Actually, that's a good marketing approach -- the customer buy's a high-end phone for himself, and gets a watch to use as a holiday gift...
Which the giftee will exchange in January...
Was that 800 sold to people or stuffed into the retail channels?
Probably 750,000 bundled with phone sales and 50,000 actually sold without a phone.
Not bad. However, if Apple were to sell only a few million smartwatches it would be considered an epic failure. It's a relative sort of victory for Samsung. By the time Apple introduces its own smartwatch, Samsung will have reduced the Galaxy Gear to around $150 or even lower if necessary just so Apple won't be able to sell its own smartwatch in high quantities. Nowadays, only market share matters.
One thing for sure, those Gear smartwatches are probably counted as Android activations to kick Android market share even higher in comparison to iOS. Chalk it up as another gazillion a day Android activations to show Android is just crushing Apple into oblivion.
What if you have 99% market share, 1% profit share? Cash is the life-blood of a company, he who has more ca$h thrives while others die (not that Samsung isn't making profits, but if I were a company, $$$$ would be most important to me)
Let's put questions of Sammy's [honesty when reporting numbers] record aside, and assume that the 800K number represents the number sold into the channel, including those sold through to customers.
Wal-mart, alone, has 11,000 retail outlets world-wide... So, an average of ~70 per store for ~2 months is not unreasonable...
That's exactly what I'm thinking.
These watches have been heavily promoted. The ads for them are really cool and make it sound like these are devices from the future. So, 400K per month globally sounds like a pretty dismal failure.
Given the bombardment advertising and free giveaways, I wonder what Sammy's marketing costs have been per watch "sold"?
They told you what happen, it so popular they are continuing the "Sale Promotion" which is marketing speak for they are not selling so we have to entice people to buy, i.e. give them away to get them to buy something else.