Mule Team flipping

A place to share your experience with our Mule Team knives.
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DougC-3
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#261

Post by DougC-3 »

Also, as I said before (sorry ;) ):
DougC-3 wrote: I think Spyderco should get something more than wholesale price for these jewels. And I don't think it makes any sense to compare their price to that of regular production knives, certainly not ones made in Japan, IMO. I think it's a whole different ball of wax. The steels have to be specially procured in small batches.

Much time consuming experimentation is often involved as well as extra labor, grinding exotic steels, etc. They are all made and sold in one relatively brief time period, sink or swim. (I presume that it would be possible to warehouse surplus Enduras, for example, and sell them at a more opportune time if something interfered with initial sales?)

Mules are not promoted and sold by a ready network of distributors and dealers.
K-390 on hand: Mule Team 17, Police 4 G-10, Endela (burlap micarta), Endela backup, Endura (canvas micarta), Straight Stretch (now blade-swapped with G-10 Stretch), Delica Wharncliffe, Dragonfly Wharncliffe, & Dragonfly Wharncliffe shorty mod
Note to self: Less is more.
gaj999
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#262

Post by gaj999 »

FCM415 wrote:The Para2 is an existing product... You're pretty much paying for the upgrade in steel but the reseach tooling etc. is already there...
+1 And don't forget that he's comparing street price of the PM2, not MSRP. With online dealers, markup can be much lower ...

Gordon
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toomzz
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#263

Post by toomzz »

Thanks for bringing this problem up on the forum. It is a long thread already, and I think the problem is hard to fight. I have not read the entire thread and maybe someone brought it up already but if you number each mule they are traceble and unique (for example #232 in S110V or #552 in OU31). Two per person, where each individual number is connected to the person to which the blade is sold. That makes the aftermarket flipping tracable and the seller could be easier adressed if he or she offers more than two mule-serialnumbers of the same steel.

Packed already Sal & family? Looking forward seeing you again coming saturday in Amsterdam! Have a good trip to (and in ;) ) Amsterdam.
Tom
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FCM415
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#264

Post by FCM415 »

hiredgun wrote:Some thoughts after reading through this polarizing topic.

1. The day Spyderco starts serializing, then tracking, then policing who buys what and how much is the day they lose their cachet and they lose a customer (me). I'm amazed at the suggestion(s) of doing this to "control" the customers to include--flippers, fan boys, collectors, speculators, aficionados, knife hobbyists, etc. Geez, Spyderco is great because they really do care about their customers, but it gets to the point that some people demand being coddled and catered to.
2. I think companies or small businesses that produce something which in turn gets marketed, distributed, sold, resold again and again, and then goes up and up in value, WANT that to happen. It creates demand, interest, a following and continued business. Socialists and whiners be damned. That is the beauty of the free market.
3. For those of you who have to work during the day, yeah, maybe Spyderco can change the release time, but then again it will hurt the people who have to work at night then. (not to mention Spyderco staff would probably have to change their work shifts)
4. Here's an idea, if you want a particular Mule, Sprint or Exclusive, then make a plan how you can get one. Spend some time in the forums and find out when things are happening. Make some friends on the forum who seem to have no problem getting what they want and see if they will hook you up. As unsavvy and unsophisticated as I am, I still have been able to get pretty much whatever Mule, Sprint or Exclusive I've wanted barring personal financial barriers. If **I** can do it, then I know a lot of people out there complaining can do it too. It just takes a little more effort and work. Those two things, effort and work, make things in life so much more desirable. Things that are more desirable keep businesses like Spyderco thriving.
5. Making enough so everyone gets one at a really good price does not keep businesses in business nor does it contribute to driving future sales and innovation.
6. The way to stop flippers is to simply not pay the prices they are demanding. This is not food, energy, life essentials, etc. they are hoarding up. You can't let a few bad apples spoil future purchase opportunities for the rest of us.

Lastly, thank you Sal for even doing the Mule project. I hope the complainers and flippers don't dissuade you from continuing the project.
That's an awesome post. Plenty of truth in there. Points I either agree with or can respect. The only one I take issue with is #5 I couldn't tell you what else it does but it would be nice if they made more. Mule team is a business move and a "gift"from Sal. Might as well give to more people. At least try to the best they can without all the intricate plans lol.
A life is like a garden. Perfect moments can be had, but not preserved, except in memory.
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einstein2001
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#265

Post by einstein2001 »

Mule Team tryouts every season.
[table="width: 1100, align: left"]
[tr]
[td][SIGPIC][/SIGPIC][/td]
[td]Cruwear Military, CTS-204P Para 2, K390 Mule
Southard, Techno, Sage 2, Gayle Bradley
Super Blue Caly 3, Caly 3.5, Endura and G10 Ladybug
ZDP-189 G10 Dragonfly, ZDP-189 Nishijin Dragonfly
[HR][/HR]:spyder::spyder::spyder::spyder::spyder::spyder::spyder::spyder:
-Brandon

[/td]

[/tr]
[/table]
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senorsquare
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#266

Post by senorsquare »

hiredgun wrote:Some thoughts after reading through this polarizing topic.

6. The way to stop flippers is to simply not pay the prices they are demanding. This is not food, energy, life essentials, etc. they are hoarding up. You can't let a few bad apples spoil future purchase opportunities for the rest of us.
Amen to #6 there.
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sal
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#267

Post by sal »

Still a good thread with good thought.

We do make a profit on the Mule Teams. Have to or we couldn't stay in business. I don't know that the profit made would be considered a good margin. It does pay for time and learning. I wouldn't do it as a money-maker if that's all there was.

Hey Toomzz. I thought the meet was on Sunday? :eek:

sal
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toomzz
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#268

Post by toomzz »

Well Sal, I guess I am too eager meeting you again.... :rolleyes:
Tom
gaj999
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#269

Post by gaj999 »

sal wrote:We do make a profit on the Mule Teams. Have to or we couldn't stay in business. I don't know that the profit made would be considered a good margin. It does pay for time and learning. I wouldn't do it as a money-maker if that's all there was.
Thanks Sal. That's good to hear.

Gordon
Joshua J.
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#270

Post by Joshua J. »

sal wrote:Still a good thread with good thought.

We do make a profit on the Mule Teams. Have to or we couldn't stay in business. I don't know that the profit made would be considered a good margin. It does pay for time and learning. I wouldn't do it as a money-maker if that's all there was.

Hey Toomzz. I thought the meet was on Sunday? :eek:

sal
Now that we know that increasing margins to the same as everything else wouldn't be a night and day difference, I don't think anyone needs to be overly worried about such an idea.
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jabba359
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#271

Post by jabba359 »

Interesting note: after the first couple Mules sold on eBay in the $200 range, all the rest since have been in the $125-155 range (including shipping). Once you factor in eBay fees, these haven't been making a huge profit for the flippers. Obviously, the buyers who couldn't get one straight from Spyderco are still paying a bit more, but not insane amounts. I wonder if perhaps this smaller markup will serve to deter flippers from investing in future runs, as I'd guess other steels wouldn't be quite as desirable as S110V and would likely demand a smaller markup on the secondary market.
-Kyle

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JNewell
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#272

Post by JNewell »

At $125, after eBay and PayPal fees, and depending on whether the seller paid shipping to Spyderco and is offering free shipping on eBay, you could actually be losing money.
bdblue
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#273

Post by bdblue »

jabba359 wrote:Interesting note: after the first couple Mules sold on eBay in the $200 range, all the rest since have been in the $125-155 range (including shipping).
I find it difficult to understand secondary market pricing and demand on Spyderco knives. The Para2 seems to sell like magic, no matter what it is, but there are signs in the secondary market of this slowing down some. Past Military sprints sell for high prices, but the recent Cruwear Military not so much. The way it was released made it difficult for a person to find (a store would get just a few in, post on their website, and they would sell immediately), but the ones for sale in the aftermarket for a little higher don't sell that fast. I was surprised at the recent mules, considering that some past mules took a while to sell. IIRC the Cruwear mule was available for a long time. The Manix 2 XL S90V has been real puzzling too, being available for a long time. Looking at just this data I have to conclude that the Para2 is the right size to appeal to a lot of people and has reached the focus of popularity, buzz, whatever. The Military has been popular but probably too big for many people, either due to their own limitation in what size they like or the laws in their area. The Manix 2 XL might be the same way- too big for many people, plus eclipsed by the popularity of the Military. The MT18 hit a point of high demand when it was released, beyond what it should have. If the flippers get stung, the next mule might be a slow seller unless it is a steel that generates a lot of demand on its own.
Henry - get both
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#274

Post by Henry - get both »

Good comment bdblue.

I remember back in July a brown CTS-XHP milli sold for over $400. More recently they have been under $300.
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JNewell
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#275

Post by JNewell »

I seem to recall a similar fad and then slowdown with the Manix 2 as well. At some point the frenzy ebbs? :) That's actually good for everyone except the few who bought high hoping for still-higher resale prices.
bdblue wrote:I find it difficult to understand secondary market pricing and demand on Spyderco knives. The Para2 seems to sell like magic, no matter what it is, but there are signs in the secondary market of this slowing down some. Past Military sprints sell for high prices, but the recent Cruwear Military not so much. The way it was released made it difficult for a person to find (a store would get just a few in, post on their website, and they would sell immediately), but the ones for sale in the aftermarket for a little higher don't sell that fast. I was surprised at the recent mules, considering that some past mules took a while to sell. IIRC the Cruwear mule was available for a long time. The Manix 2 XL S90V has been real puzzling too, being available for a long time. Looking at just this data I have to conclude that the Para2 is the right size to appeal to a lot of people and has reached the focus of popularity, buzz, whatever. The Military has been popular but probably too big for many people, either due to their own limitation in what size they like or the laws in their area. The Manix 2 XL might be the same way- too big for many people, plus eclipsed by the popularity of the Military. The MT18 hit a point of high demand when it was released, beyond what it should have. If the flippers get stung, the next mule might be a slow seller unless it is a steel that generates a lot of demand on its own.
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Re: Mule Team flipping

#276

Post by Bodog »

Reading this thread actually pained me a bit considering I'm such a fan of the mule team project and what it's trying to accomplish. For whatever it's worth, raising the prices just to combat flipping seems asinine. Adding serial numbers seems like a waste of time. Raising the number made would work but without knowing how well a steel will be viewed is hard to predict and could leave Spyderco with a large inventory of blades that won't sell.

My suggestion is an amalgamation of previous suggestions and I think totally feasible while still keeping the core purpose of the mule project intact, ie, test blades at the lowest cost possible. I'll give an example.

On today's date January 10, 2015, Spyderco announces the intention of releasing a Mule Team blade in X steel, say, Hap 72 at 65 HRC +/- 1 and it will be made in Japan and the estimated cost will be $100. The amount of time to preorder is two months. You can order as many as you want but you pay right now, up front. The only guarantee is that it will be sent to the buyers within the next 24 months. In addition to the $100 cost of the blade, another $15 dollars will be added to each blade and the name used to purchase the order will be engraved on each knife in that order. Since it's not supposed to be a collector's item, no guarantee will be made as to the accuracy of the engraved name. If the name is spelled wrong, too bad. Disclaimer agreed to when purchased. So the flippers buy ten, but the name on all of them is Bill Jenkins or whatever. They don't know how long their money will be tied up in a blade that people may not want to buy because it has someone else's name on it. Those seeking to utilize the mule team project for what it was intended for will have a cool blade with their name on it. If the name is slightly incorrect, who cares because it's meant to be used and abused, not sitting somewhere looking pristine. Spyderco knows exactly how many to produce. If it's a hot steel they know to make 3,000 or however many were preordered. If it's not a hot steel, they'll know to make 200 or however many preordered. If they decide to make extra and sell them without a name engraving, then those are free for anyone to buy and resell at whatever cost. Spyderco could also mark up the cost of the unengraved blades to the highest reasonable cost if they so choose in order to profit off of the flippers at the back end. Mule team unengraved blade = MSRP $200, 30 produced. People trying to flip them would have to charge more and people wouldn't want to pay more. If there are people that truly want that blade, they'll fork the money over to spyderco instead of the flippers. If no one buys them, that's only a loss of 30 blades which in the scheme of things is pretty low. If they sit there a year and no one buys them, they can lower the cost down to whatever they want. No harm, no foul.

I think that would almost completely stop the flippers in their tracks, it would serve to give spyderco an accurate count of how many should be produced, it would give a little personal touch to those using them, and it would protect the long term viability of such a great endeavor. I'd pay $15 bucks extra on each mule team blade if it meant stopping or severely curtailing the crappy practices involved in knife flipping. Given the long fairly indeterminate release dates, that would cover the amount of time to procure the steel and production schedule. If someone wouldn't want their name engraved so badly that they would refuse to buy the knife, they probably wouldn't use it to begin with. Those people that talk about exclusivity and all that are precisely the ones that don't understand what the mule team project is about anyway. Let those who cry about engraved names and lack of exclusivity cry. The people who just want to beat up and evaluate new steels at a modest price wouldn't mind, I don't think.
They who dance are thought mad by those who do not hear the music.
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Re: Mule Team flipping

#277

Post by TomAiello »

I like BoDog's idea.

I'd probably buy more than 2 under his system.
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Re: Mule Team flipping

#278

Post by Strong-Dog »

Bodog wrote:Reading this thread actually pained me a bit considering I'm such a fan of the mule team project and what it's trying to accomplish. For whatever it's worth, raising the prices just to combat flipping seems asinine. Adding serial numbers seems like a waste of time. Raising the number made would work but without knowing how well a steel will be viewed is hard to predict and could leave Spyderco with a large inventory of blades that won't sell.

My suggestion is an amalgamation of previous suggestions and I think totally feasible while still keeping the core purpose of the mule project intact, ie, test blades at the lowest cost possible. I'll give an example.

On today's date January 10, 2015, Spyderco announces the intention of releasing a Mule Team blade in X steel, say, Hap 72 at 65 HRC +/- 1 and it will be made in Japan and the estimated cost will be $100. The amount of time to preorder is two months. You can order as many as you want but you pay right now, up front. The only guarantee is that it will be sent to the buyers within the next 24 months. In addition to the $100 cost of the blade, another $15 dollars will be added to each blade and the name used to purchase the order will be engraved on each knife in that order. Since it's not supposed to be a collector's item, no guarantee will be made as to the accuracy of the engraved name. If the name is spelled wrong, too bad. Disclaimer agreed to when purchased. So the flippers buy ten, but the name on all of them is Bill Jenkins or whatever. They don't know how long their money will be tied up in a blade that people may not want to buy because it has someone else's name on it. Those seeking to utilize the mule team project for what it was intended for will have a cool blade with their name on it. If the name is slightly incorrect, who cares because it's meant to be used and abused, not sitting somewhere looking pristine. Spyderco knows exactly how many to produce. If it's a hot steel they know to make 3,000 or however many were preordered. If it's not a hot steel, they'll know to make 200 or however many preordered. If they decide to make extra and sell them without a name engraving, then those are free for anyone to buy and resell at whatever cost. Spyderco could also mark up the cost of the unengraved blades to the highest reasonable cost if they so choose in order to profit off of the flippers at the back end. Mule team unengraved blade = MSRP $200, 30 produced. People trying to flip them would have to charge more and people wouldn't want to pay more. If there are people that truly want that blade, they'll fork the money over to spyderco instead of the flippers. If no one buys them, that's only a loss of 30 blades which in the scheme of things is pretty low. If they sit there a year and no one buys them, they can lower the cost down to whatever they want. No harm, no foul.

I think that would almost completely stop the flippers in their tracks, it would serve to give spyderco an accurate count of how many should be produced, it would give a little personal touch to those using them, and it would protect the long term viability of such a great endeavor. I'd pay $15 bucks extra on each mule team blade if it meant stopping or severely curtailing the crappy practices involved in knife flipping. Given the long fairly indeterminate release dates, that would cover the amount of time to procure the steel and production schedule. If someone wouldn't want their name engraved so badly that they would refuse to buy the knife, they probably wouldn't use it to begin with. Those people that talk about exclusivity and all that are precisely the ones that don't understand what the mule team project is about anyway. Let those who cry about engraved names and lack of exclusivity cry. The people who just want to beat up and evaluate new steels at a modest price wouldn't mind, I don't think.
Quite a bit of work to stop the free market, no?

Besides, if the point is to provide new steels at affordable prices, how is a two year production schedule and increased prices going along with that? Do you think Spyderco having people's money tied up for two years on what was the newest steel isn't going to cause any problems?

It sounds like your suggesting adding extra cost for no practical reason, useless features no one wants, and a longer time frame. Even if this would help curb flipping, it would probably make the Mule team project less popular for everyone, not just flippers. If the project isn't as popular, there is less of a need to curb flipping. See the cycle? It's pointless to try and fight the free market.
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tvenuto
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Re: Mule Team flipping

#279

Post by tvenuto »

Strong Dog's free market alarm must have tingled...
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Re: Mule Team flipping

#280

Post by Bodog »

Like sal said earlier, it takes a long time to get some of these steels to begin with. If the release date can be earlier than 2 years, so be it. Telling people about a Mule and soliciting preorders once the acquisition of steel is established is no different than what happens now except that people know about the mule at the beginning instead of waiting until they're already produced. I don't think the mule teams popularity for popularity's sake is the point. Getting new steels out into the market and testing everything from acquisition to production to real world use is tested along with testing the popularity of the steel itself. Having a name etched onto the blade at cost does nothing to hinder that. Letting people know what mule is coming up and having preorders at the outset of each model does nothing to stop that. I fail to see how it does anything but protect the users at the cost of the "free market capitalists" which is simply saying you want the ability to flip the **** out of your knives at the expense of others and making a profit where spyderco could have but chose not to because they believe something different than you.
Last edited by Bodog on Sat Jan 10, 2015 11:42 am, edited 1 time in total.
They who dance are thought mad by those who do not hear the music.
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