
Originally Posted by
goldenwave77
Monday morning quarterbacks are better than Tom Brady.
What Henry J. did was entirely rational...he took a grand company out of the Norlin doldrums, capitalized on a temporary US demographic bulge in demand, and used that as a springboard to diversify out of what was going to be a losing game long-term. (There are only SO many high-priced Les Pauls you can sell. Baby Boomers are now outnumbered by Millennials, and the latter aren't' terrifically impressed by Les Pauls, or even guitars for that matter.)
Moreover, he tried to make the best out of a US high cost-producer situation, and leverage its history, and its traditions to sell worldwide---"US made....World played." The jury is probably still out on this, I think.
How many guitars does Collings sell? Let's see where they are in 10 or 20 years. The reality is that even Orville Gibson didn't have that much to do with the Company we know, or the guitars we prize. HE was forced out, pretty early on. His idea....violin-style guitars and mandolins... caught on. Many more instrument companies (Gretsch, Epiphone, Vega) bite the dust than survive. And boutique makers of fifty years ago...how many besides D'Angelico and D'Acquisto are known, except among guitar aficionados?)
(The above comment re: cash cows and unprofitable guitar ventures is contradictory, on its face....but the explanation is the US demographic one. Now that card has been dealt and played, and it is a new tougher game that Gibson faces.)
That Gibson's diversification strategy didn't pan out is easy to say now....you might as well say that the giants of print media, brick and mortar retailing, major network television, & popular music were also stupid as well. None of them foresaw, or dealt well, with digitalization and its far-flung effects.
Maybe a US-based custom shop and Asian production is the way to go. I'm still bothered, though, by that 335 Orville I had. Stunningly good cosmetic copy, but the darn thing was just DOA--sound wise...dull and muffled. Shipped from Japan in good order, but a huge disappointment. The Memphis Gibson 339 I have is 2X the guitar, and a keeper...I bought it a few yrs. later for $1400, used, while the Orville was $1000, used. And my 2003 L4-CES is stunningly good. Again, a definite keeper. (My '78 Aria Pro II, is actually a very good gtr., and I well recognize that there are many good Asian instruments.)
Anyone know what Gibson's fiscal year is? Curious to see year-end financials, if these become available, or are reported on, in press.
Recommandations for Hollowbodies for $600 and under?
Today, 05:20 AM in Guitar, Amps & Gizmos