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  • Today marks the 24th anniversary of 9/11. I pray that this nation does not forget the loss of lives from this horrible event. Yesterday conservative commentator Charlie Kirk was murdered, and I worry about what is to come. Please love one another and your family in these trying times - Spark

Prices have gone up

FWIW, in comparison, food prices in this area are almost double what they were a year ago! And we all know about the cost of gasoline!!!
 
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The only part that's a bummer for me is that I barely discovered how great these are and how fun they are to collect...glad I did get a few before the increase.
 
This is just an example of Economics 101 - Supply and demand, compounded by an oversupply of dollars in the market (ie inflation). The end result is that your dollar won't buy as much right now as it did a couple of years ago. Material cost increases are only part of it.

Don't forget if CRK now has over 25 employees, he gets to have fun with our new healthcare laws. Great news, huh?
It's Bush's fault.
 
It's called inflation. It's a normal part of life. It will always happen, and there will always be people to complain about it. As the value if the dollar goes down, prices go up... Strange I guess, but thus is life...
To the Great Men & Women at CRK:
Keep up the great work folks! I'm still gonna be buying your products, as I completely understand the need to raise your prices.
 
Thats why everyone should be investing in precious metals. Only a matter of time before the dollar is woth only the paper its printed on. But anyways, the brightside
is that you can fetch more for your used sebenzas on the secondary market.
 
Ok. Let me give another business owners perspective. I own a couple of restaurants and am in there everyday cooking and running the show. For the past 4 years I didn't raise prices. Especially once the economy really started to tank in 09'. We wanted to keep prices down so that those who were having problems paying their mortgage or maybe lost their jobs or people who were hurting at the pump could still come in the door and eat. The average ticket price was roughly $7.50 I guess(my math could be off right now). We absorbed ALL of the cost due to the economy. Gas prices went up and that effected us. Customers were not coming in as much. Even our vendors were charging us for their gas consumption to deliver. Next, food cost went up and that really hurt but still we stayed the same. EVERYTHING went up. Produce, Insurance, wood for my pits and basically anything under the moon went up. I still kept the prices the same. Well eventually I really started to feel it. I began to wonder if I was even going to make it through the winter last year. Banks won't help, I spent most of my savings to keep my customer coming back by not raising prices. I ABSORBED everything. I was in fear of pricing myself out of business.
We are one of the most successful and respected restaurants in my state. We have been in business since 1939. We had about 20 restaurants at one point and were going to franchise along side with McDonalds.
With that being said, success almost became failure FAST. I raised prices about 4 months ago. Roughly 10%. That is a big jump in my industry I know but I had to do what I had to do. Most people were paying only .50cents more for their lunch or dinner. My customers moaned and groaned to no end. The mayor of our city(Democrat) raised our taxes(in a terrible economy for his pet projects) through the roof and increased the food tax another 2%. My customers were mad at me because of it.
I had to raise my prices again 4 weeks ago because I am getting drilled by the rise in market(and inflation) but this time I only raised the prices 3%. It didn't help a whole lot to cover cost but if I raise them where I need them to be then I may as well go buy the nails for my coffin because people are holding onto every quarter. It's sad really.
Businesses around me are still more expensive but people do not care. They will moan and groan all day long. They come in and the average ticket will be around $9 with the same quality and portions. I don't get it. My competitors have cut quality, cut portions and have raised their prices higher than mine and I still get fussed at.
I had one gentleman literally scream at me in front of the entire restaurant because his lunch cost him .75cent more than what it did 4 years ago. I told him I am not raising the prices so I could stand their and be belittled by someone or to make my customers so angry to where they would never step foot in my door again. I had to do what I had to do.
Well the economy has managed to get worse(it's Bush's fault), food cost has gone up on me another 25%!!!!!!!!!!!!!!!!!!!!!, health insurance is killing me(actually may be the straw that broke the camels back) increasing 43%!!!!!! because insurance companies are being hurt by Obamacare so the private sector can not afford private insurance almost forcing us to cancel private group health care and seeking individual insurance. but guess what? We can not afford that either. Now I am forced to stay with my group health care plan and suck up the 43% increase. If I do not provide health care to my employees Obama will fine me even though I can not afford it.
the Bailouts are(were) a joke and banks won't even give big successful operations like mine a $25,000 loan to get through the winter months.
I have never had to go to a bank for a loan. Not even when I added a huge addition to my main restaurant or opened another. But now in this economic climate it is a different story.
There is A LOT More to the story but I just don't feel like getting into it.
So, after saying all of that, I can imagine why CRK raised prices. I don't like it myself but I am a reasonable person and I can sympathise with another private sector company. If we want to continue to buy CRK's for as long as they can produce them then we have to pay extra to make sure they are able to stay in business or that it is even worth their while. No one wants to bust their butts for free.
 
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Appreciated reading your perspective BBQ Boy...and if I ever get to your neck of the woods, I'll happily enjoy dining in your establishment!
 
Its definitley a scary time right now in America. And I dont really see any light in the near future. Im just glad that Chris Reeve Knives are doing well and will
conitnue to supply us with the best knives in the industry.
 
Considering the price of these knives, the increase really isn't that much.
I just bought my first 3 CRKs in the last 2 weeks. Based on the quality and customer service I've seen so far, I'd gladly pay an extra $25 for the next one.
 
BBQ BOY, Very Well Said...... Wish You All The Best In These Tough Times.

The price increase by CRK was a long time in coming. I am sure the price for titanium, S30V, the new S35VN, exotic woods is more now than it was 4 years ago. It's the nature of any business. People that don't understand this must be living in a box !!!!!!!!!!
 
I wonder if the old price for existing orders holds?

I have no problem with them raising the prices, but I'd be pretty bummed if the order I have been waiting for costs more before I even receive it.
 
I wonder if the old price for existing orders holds?

I have no problem with them raising the prices, but I'd be pretty bummed if the order I have been waiting for costs more before I even receive it.

I too have an existing order and was wondering the same...

maybe Chris, Heather, or someone similar could chime in and fill us all in on how that will work?
 
Wow, I was on the fence before buying one at the previous prices. No way I'll get another one now. For me Chris Reeve just crossed the line into brazen greed, though I'm sure others will disagree. I'm guessing other companies' offerings at the Blade Show will expose these knives as even more overpriced.

Cheers,
Isaeus

I guess I'll just say that I certainly and strongly disagree. BBQ Boy's post above is a good place to start learning about business realities.
 
I wonder if the old price for existing orders holds?

I have no problem with them raising the prices, but I'd be pretty bummed if the order I have been waiting for costs more before I even receive it.

I too have an existing order and was wondering the same...

maybe Chris, Heather, or someone similar could chime in and fill us all in on how that will work?

I think its pretty safe to say if you have an order placed with CRK before the price changes, they will honor those prices.
 
Prices have to go up at some point. They make a hell of a knife and could charge more if they wanted to.
 
Gee - do you really think the manufacturer of a LUXURY item wants to increase prices right now just for fun or greed?

Really - we don't NEED knives - these are a luxury for most of us.

I'm sure Chris and crew were biting their fingernails over the increases, worried that the price jump could hit them hard.

I'm in the consulting business - and we are constantly playing the game of "how can we increase our prices to cover our ever rising costs to keep the doors open without driving all of our few remaining clients away"?

All smart business owners are in survival mode right now - and I'm SURE the knife makers are in that same frame of mind.

I'll keep buying - but probably less. Where before I could maybe swing two CRK's a year - now I have to make the hard decision and make it one.
 
I think Chris mentioned an increase sometime in 2009 in the Woodsmonkey interview. Cant be sure, but it happens. Sucks, but it happens.
 
Wow, I was on the fence before buying one at the previous prices. No way I'll get another one now. For me Chris Reeve just crossed the line into brazen greed, though I'm sure others will disagree. I'm guessing other companies' offerings at the Blade Show will expose these knives as even more overpriced.

Cheers,
Isaeus

I guess I'll just say that I certainly and strongly disagree. BBQ Boy's post above is a good place to start learning about business realities.

Okay, I take it back. Indeed I know very little about business realities as well as the history of Chris Reeve's price increases and thus made a knee-jerk post. I guess for me personally, I didn't find the Large Sebenza 21 CCG I bought to be as impressive and special as I'd hoped. It is a great quality knife, no question, just didn't experience the "wow" factor that many others do.

Cheers,
Isaeus
 
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