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Old 09-10-08, 09:25   #49 (permalink)
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Re: 3M Buys Meguiar's

Quote:
Originally Posted by DavidB View Post
The cost of petrol going up, up, up is the major factor in prices increasing. We will see it across the board, not just with Meguiar's.
Oil had dropped to $103 a barrel yesterday, down from the $147 high a couple months ago.
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Old 09-10-08, 09:33   #50 (permalink)
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Re: 3M Buys Meguiar's

Quote:
Originally Posted by Scottwax View Post
Oil had dropped to $103 a barrel yesterday, down from the $147 high a couple months ago.
And funny how gas prices aren't decreasing at the same rate they increased, as oil rose...but I digress
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Old 09-10-08, 04:58   #51 (permalink)
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Re: 3M Buys Meguiar's

Hey Guys...

Can we get this thread back on topic?????
 
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Old 09-10-08, 05:08   #52 (permalink)
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Re: 3M Buys Meguiar's

only time will tell on how this turns out...
 
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Old 09-10-08, 08:46   #53 (permalink)
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Re: 3M Buys Meguiar's

Wow, pretty cool.
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Old 09-11-08, 08:04   #54 (permalink)
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Re: 3M Buys Meguiar's

This is unbelievable!

Sorry guys, but this is NOT good news for the consumer.
 
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Old 09-11-08, 08:08   #55 (permalink)
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Re: 3M Buys Meguiar's

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This is unbelievable!

Sorry guys, but this is NOT good news for the consumer.
How so? I am not agreeing or disagreeing but wondering why you think it is.
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Old 09-11-08, 08:08   #56 (permalink)
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Re: 3M Buys Meguiar's

Quote:
Originally Posted by Rob Tomlin View Post
This is unbelievable!

Sorry guys, but this is NOT good news for the consumer.
Could you elaborate........
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Old 09-11-08, 08:29   #57 (permalink)
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Re: 3M Buys Meguiar's

Does the concept of competition in the marketplace have any meaning to you guys?

When you have two of the biggest detailing companies merging, it more than likely does not mean good things in terms of both pricing and development of new products (R&D).

It's not a monopoly, but they will have the majority of the market.
 
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Old 09-11-08, 08:37   #58 (permalink)
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Re: 3M Buys Meguiar's

Quote:
Originally Posted by Rob Tomlin View Post
Does the concept of competition in the marketplace have any meaning to you guys?

When you have two of the biggest detailing companies merging, it more than likely does not mean good things in terms of both pricing and development of new products (R&D).

It's not a monopoly, but they will have the majority of the market.
I agree with you differently.

In terms of retail market share, Clorox and Turtle Wax have dominated sales. If the 3M/Meguiar's deal bumps them to the #1 spot and we see fewer "Armor All" quality products at retail, I'm all for it.
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Old 09-11-08, 10:01   #59 (permalink)
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Re: 3M Buys Meguiar's

Quote:
Originally Posted by Rob Tomlin View Post
Does the concept of competition in the marketplace have any meaning to you guys?

When you have two of the biggest detailing companies merging, it more than likely does not mean good things in terms of both pricing and development of new products (R&D).

It's not a monopoly, but they will have the majority of the market.
On the other hand, if people in the future see the merger as dilluting both lines, that can open things up for a competitor to come out with a superior product line.
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Old 09-11-08, 10:14   #60 (permalink)
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Re: 3M Buys Meguiar's

Quote:
Originally Posted by Rob Tomlin View Post
Does the concept of competition in the marketplace have any meaning to you guys?

When you have two of the biggest detailing companies merging, it more than likely does not mean good things in terms of both pricing and development of new products (R&D).

It's not a monopoly, but they will have the majority of the market.
I see it as positive move for both consumers and both companies. I think the merger could stimulate some great new products to market considering 2 of the most resourceful detail chemical companies will potentially be working together at R & D. This could also help lean out their product lines and make them more efficient as well. As far as market share, 3M already has most of the body shop market (their main focus) where Meg's MS is small. As far as retail/professional detail sector, it's the opposite. Merging both will create more recognition and create a win-win for both.
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Originally Posted by GoudyL
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VDEF :: [?? - 3M Y Meguiar's This thread Refback 09-09-08 08:20
Meguiar's acquired by 3M - PakShak Auto Detailing Forum This thread Refback 09-08-08 11:20
Edge pads bought by 3M - Page 4 - Detailing Bliss Forum This thread Refback 09-08-08 02:37

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