[Elecraft] Hamvention sales vs. backorders

[David A. Belsley]

There is an understandable concern by those whose backorders have not been 
filled while those attending hamventions walk away with the desired prizes. 
The feeling is only human.  However, putting on my economist's hat for a 
moment, allow me to ask you to take a longer view.  The only reason you are 
able to order these marvelous products at all is because Elecraft develops 
and markets them.  This is something they cannot continue to do unless 
their business continues to thrive and grow.  Hamventions are a major arena 
in which to introduce and promote new products.  They are an important part 
in the engine of growth for a company like Elecraft.  You will notice 
exactly the same sort of "inequity" by all the computer and software 
companies, who forgo backorders to some degree to aid in their product 
sales at the major Computer Conventions across the country.  It's an 
important part of doing business -- it's an important part of staying in 
business -- it's an important reason why you are able to order your 
Elecraft products at all and avoid the ultimate backorder that would occur 
if Elecraft went out of business.  Just be thankful that the same guys who 
have clearly demonstrated their abilities to design some of the greatest 
amateur radio gear of all time are also showing themselves as capable 
businessmen, we hope for a very, very long time.

best wishes,

dave belsley, w1euy

----------------------------------
David A. Belsley
Professor of Economics