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Old 04-10-2018 | 05:36 AM
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baigs
 
Joined: Aug 2017
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Default High risk for The World Model

I am new comer for poly racing, but I am in China, and I have good chance to on-site visit The World Model’s factory in 2017. TWM’s factory manager is also become my friend. Some data shocked me, and I hope to share with you.
  1. From 2014 to now, Spitfire only be sold 300pcs. 200 is for US market, and 100 is for China market. Most of you regard TWM’s Spitfire as great plane, but evaluate this tough number. 4 year passed , only 300 pcs !
  2. Spitfire price is about $250. One worker can only finish one model per day, because most of work must be done by hand, especially for skin which is boring and time-consumption work. One worker’s salary is $50 per day in China. So you calculate by yourself, and it’s very limited profit for Spitfire.
  3. Poor market, poor profit, and huge inventory in TWM. I get one data for inventory: total 8ku airplane in warehouse. From last year, TWM’s founder and GM hope to sell total factory, and bid price is $1.5M which include all of factory device and 8ku inventory.
Finally, I just to tell you such truth: poly racing is exciting, but the TWM’s business is so tough! Pls buy more and buy more, cherish every plane of TWM. Maybe one day you will find TWM is disappear, even you have no time to say goodbye to TWM---your old friend!