Response...
PSC said:
Pacific Seacraft bought EY.c to maintain the sites existence. The seller needed to sell it.
I would appreciate any thoughts about how PSC can make EY.c beneficial to PSC as well as Ericson owners.
Gene
Hi Gene -
I congratulate you for coming to the boards to discuss the issues, and sincerely welcome you. I think I can say for everyone that we're very glad you're here. For those of you unaware, Gene is the President of Pacific Seacraft Corporation (PSC).
My personal opinion is that the Ericson family (existing Ericson owners) can be of direct benefit to PSC simply by virtue of both parties being who they are. Ericson yachts are a known quantity among sailors - representing quality construction, excellent design and solid performance. PSC's boats are also known for being some of the best in the world, with excellence in construction, materials, design and performance.
The issue, as I see it, is that the Ericson family requires a stable environment that they can call home. If you look at which Ericson owners inhabit which Ericson websites, much of what you find is related to who the 'new' owners are (new defined as purchased within the last four years). Many of these new owners have come to EY.c because of the information they were able to find here, as well as the sense of community and assurance that they will not be left alone once they make their purchase.
At the other end of this equation are Ericson owners who are selling their boats to either go on to other activities, or to another yacht purchase. Many of these owners should be considered within PSC's interest, either as a pool of potential buyers (either new or used), or as a reference to other potential buyers.
Boat owners - Ericson, PSC or otherwise, talk to each other frequently - and of course, negative info travels much faster than positive. As one owner emailed me this weekend…"A dispassionate recitation of all the facts of the company's treatment of the Ericson owners cannot be good for their company, and would seem to use up whatever "good will" they have banked up for a rainy day. FWIW, there are 4 PSC owners in my YC, and all are internet savvy, and a couple of them are former flag officers and, to some limited extent in our little community, have an audience when they talk about this sort of stuff."
Conversely, I'm sure that when PSC originally purchased the molds and rights to the Ericson line, some amount of applause could be heard. Like Mercedes purchasing BMW, I'm sure that many people felt that if anyone was going to purchase the line, they were in excellent hands with PSC. PSC is known for the kind of quality and workmanship that Ericson owners take pride in. I myself have chartered the PSC 37 and 40 several times - and have been seen eyeing them yearningly from the deck of my own E35-3 more than once!
So, how can EY.c benefit PSC? Well, as a believer in supportive families, supportive companies and long term associations and friendships - I have to say again, as I did in 2003 - which I believe that the best relationship for a group like EY.c is within the bounds of the owners of the yacht line (PSC). I believed then, as I do now, that the pool of Ericson owners can benefit PSC by providing good reference, solid brand loyalty and feedback (if it's listened to) over time. None of these things will bear fruit for PSC early on - nor should they be expected to. However, given time and the right interaction between the two, the relationship could prove to be mutually beneficial in the long term.
Imagine, for instance - if PSC ever decided to ever build in a bottom/entry line brand with Ericson - to produce boats that would compliment, but not compete with their PSC line, how much benefit there would be to having a good relationship with 2000 existing owners in the US. If you consider the linkage - the Ericson brand could serve as an entry way for new buyers and thus build brand loyalty that will pay out over time towards the higher end of your business (this is a page from Mercedes' playbook - remember all the jokes when the baby Benz was introduced? What do you think would happen today if they went back to only making $70,000 automobiles?).
Everyone is aware that the boatbuilding business is a very, very tough business to be in. That right now, PSC and the other manufacturers are probably not enjoying the best of times - people understand that. But imagine, for just moment, if PSC enjoyed not only the reputation of building boats like tanks - but also had a large reserve of good will and positive feelings among 2000 Ericson owners -
even without actually producing the boats themselves. I really think you would be surprised.
What I would suggest - as an amicable resolution to this issue - is that some kind of an arrangement be struck, wherein an independent Ericson Owners Association is formed, and they maintain and run their own site. That PSC basically open permit or license that group to use the database as seed and the related docs and features to that end.
The association would manage the entire thing itself, including site management and associated costs. PSC would then receive some preferential treatment and recognition as the 'parental figure' in the site - with some pre-agreed to level of site advertising and links, etc - and you go from there. Such an arrangement would cost PSC nothing to implement, nothing to maintain, and would cast the company in a much better light than it is in now. It would tell perspective purchasers of PSC yachts that the corporation takes good care of its step children - and that they can expect as good or better treatment from PSC directly.
You know, given the choice of moving in with family or moving in with strangers, people will choose family 9 times of out 10 - as long as the situation is a healthy one, and everyone grows as a result.
I think I've written enough. I look forward to seeing what other people have to say.
//sse