Did ecotech/ai raise prices again?

dedragon · Mar 11, 2022

Just saw a xr15 costs 500 now, and xr30 950, when did that price increase again?

vetteguy53081 · Mar 11, 2022

They did as did many manufacturers

nereefpat · Mar 11, 2022

Lots of things have seen price increases. That's part of it.

The other part is Ecotech being owned by a conglomerate now. MP40s are up 65 bucks since that happened too.

Nick Steele · Mar 11, 2022

This is crazy!!!! A hydra is up almost $100 over the past year. Was $349 when looking to upgrade and now it’s $429

nereefpat · Mar 11, 2022

Nick Steele said:
This is crazy!!!! A hydra is up almost $100 over the past year. Was $349 when looking to upgrade and now it’s $429

AI merged with Ecotech a few years ago. Both owned by the same investors now?

Nick Steele · Mar 11, 2022

From what I understand that is correct

nereefpat said:
AI merged with Ecotech a few years ago. Both owned by the same investors now?

MONTANTK · Mar 11, 2022

Nick Steele said:
From what I understand that is correct

Are they owned by a private equity company? If so, that’s one explanation for the rampant increase in prices

nereefpat · Mar 11, 2022

MONTANTK said:
Are they owned by a private equity company? If so, that’s one explanation for the rampant increase in prices

AI, Ecotech, Bulk Reef Supply, Marine Depot and maybe something I'm forgetting are part of Bertram Capital.

Nick Steele · Mar 11, 2022

MONTANTK said:
Are they owned by a private equity company? If so, that’s one explanation for the rampant increase in prices

One explanation sure but most likely not the main reason. Have you seen the prices of everything lately? The pandemic is the main cause of all the inflation happening right now. And with this being a niche market with very limited production as it is prices are sure to be hit harder.

MONTANTK · Mar 11, 2022

Nick Steele said:
One explanation sure but most likely not the main reason. Have you seen the prices of everything lately? The pandemic is the main cause of all the inflation happening right now. And with this being a niche market with very limited production as it is prices are sure to be hit harder.

Oh for sure, I was just implying private equity will use any reason imaginable to raise prices. Current demand for Ecotech and AI is through the roof and I’m sure Ecotech products have pretty healthy margins

dank reefer · Mar 11, 2022

nereefpat said:
AI, Ecotech, Bulk Reef Supply, Marine Depot and maybe something I'm forgetting are part of Bertram Capital.

Neptune Systems is the other

Ashish Patel · Mar 11, 2022

First the pandemic then the War driving up oil prices leads to absurd inflation. It's becoming unaffordable quickly

Malcontent · Mar 11, 2022

It's Friday. Time to raise prices!

flagg37 · Mar 11, 2022

Nick Steele said:
One explanation sure but most likely not the main reason. Have you seen the prices of everything lately? The pandemic is the main cause of all the inflation happening right now. And with this being a niche market with very limited production as it is prices are sure to be hit harder.

I would clarify that the pandemic didn't increase the prices but rather the response to the pandemic.

Uncle99 · Mar 11, 2022

The more you pay, the more we raise
That’s capitalism.

rtparty · Mar 11, 2022

Prices went up March 1st on quite a few items. Not just Bertram companies.

Guess what? It's not the last price hike either with everything going on.

The hobby will see a rapid decline pretty soon. Lots of good used equipment for cheap is on the horizon

JaimeAdams · Mar 11, 2022

dedragon said:
Just saw a xr15 costs 500 now, and xr30 950, when did that price increase again?

The prices went up March 1st.

The prices on everything have gone and continue to go up. Just the simple cost of bringing in the product from the manufacturing facilities or the parts to manufacture state side have increased my times over.