MVN Methven

[winner69]

CEO on radio this morning basically said they haven't delivered to plan in NZ and Australia this year - maybe the plans weren't that good

Lets blame the consumers and the plumbers for not buying their stuff ...hmmm wonder why

[hardt]

Parents redid their bathroom and the entire consultation period they were pressured into the euro brands Elementi and Parisi... and of course they gave in.

Methven need to have some boots on the ground marketing with the people who can actually sway customers... old fashioned commission based model for the retailer/contractor to push heavily into selling their product - you gotta have some sleezy salesmen pushing it onto customers.

[winner69]

Parents redid their bathroom and the entire consultation period they were pressured into the euro brands Elementi and Parisi... and of course they gave in.

Methven need to have some boots on the ground marketing with the people who can actually sway customers... old fashioned commission based model for the retailer/contractor to push heavily into selling their product - you gotta have some sleezy salesmen pushing it onto customers.

Yes, getting products 'specified' is key to success in the building / renovation game.

Cavalier another company that struggles in this area (esp in Australia)

[winner69]

Methven ain't broken or going bust. Just a solid company where ongoing innovation keeps them in the game.

It's just they have these allusions of grandeur giving false hope .....and as Percy says rarely delivering on what they say they will do.

[winner69]

Sadly they have a great product- the AIO shower head is awesome https://www.methven.com/nz/collections/aio/
Seems they have a problem with sales and marketing .......

You should buy the company (like that razor guy) .......and sort it out

Going cheap

[whome]

Haven't owned any of these for a couple of years, bit like back to the future aye. Shame because anyone who likes quality uses their products, put a MVN tap in a retirement village and it's the last one you will install, not like most other crap brands they install and have to change them out every few years because they can't handle the heavy usage.

MVN used to be the gold standard. Every plumber installed them cos they rarely gave trouble and did not leak. The slide began about 2014 when production moved to China and the quality of tap ware cartridges declined, and leaked or gave problems after a year or two. When a shower mixer behind the shower wall leaks, it is usually not seen until much damage is done. Has caused Plumber angst, and what happens when you piss off your major customer base! Ask the Plumbing wholesalers, their guys behind the counter know whats going on. MVN have traded on their good name but it's wearing thin. Still not a lost cause if they act now to correct quality issues as MVN is a strong brand in NZ and Aus. Disc. Had a bathroom Reno business.

[percy]

Methven ain't broken or going bust. Just a solid company where ongoing innovation keeps them in the game.

It's just they have these allusions of grandeur giving false hope .....and as Percy says rarely delivering on what they say they will do.

Reading MVN's page after page in their presentations,I think they try to do too much.After page 14 I usually give up.
As other posters have suggested ,concentrating on strengthening their sales force may produce results.
As W69 said getting products 'specified' is the key to success.

[winner69]

I am guessing they may go as low as $1-02, thats where my buy order is sitting. Or maybe $1-00, ooh so many sellers.

Maybe tomorrow bf

[winner69]

MVN one of the stars of the bourse today

No 102 for you bottomfeeder

[bottomfeeder]

Maybe its a good thing. We will see.