Obviously this is all hypothetical but the deposits would be returned if Torqeedo didn't get enough orders within a certain timeframe (one year?). Torqeedo would have to determine the minimum quantities and the timeframe they could live with. Thanks. Steve S.
--- In electricboats@yahoogroups.com, danbollinger <no_reply@...> wrote:
>
> It makes sense, but there are still problems. Just because you get some down payments doesn't mean that the sales potential has changed, so their decision to cease production isn't changed either.
>
> However, you might convince them to do a short run. But, the price must increase. They'd have to setup production and order smaller quantities of parts to fulfill the escrow orders, all of which adds cost. Even then you might not be able to come up with the number of orders to meet the minimums needed to place orders to vendors.
>
> --- In electricboats@yahoogroups.com, "Steve" <sstuller@> wrote:
> >
> > Those of us who think the 801 is a practical electric outboard are frustrated by the cancelling of its' production. So I came up with the idea that an escrow account (managed by Torqeedo) would allow interested buyers to put down a deposit on an 801 and when there were enough orders Torqeedo would have enough motivation to resume production. Does anyone think this idea would have a chance to get off the ground? Thanks. Steve S.
> >
>
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