Being someone that considers himself literate in the mattress industry, as my wife runs a humble mattress storage and distribution firm I totally agree that the prices I could see visiting on the US are way over the top. If I lived there, well, making/selling mattresses must be a profitable business from the retail pricing I could see. Mind you I was on Silicon Valley which I imagine must be very pricy.
The website is really beautiful. Well done. It almost makes you feel I have to buy this!!! I think that's the key point.
Because apart from that... well... there's a rule in business that is you get what you pay for. Even if mattress retailers are making a fortune on margins, well you guys also have margins too. And a retail price of $299..to..$499-king tells me that your mattresses are very low end.
So the website is beautiful but very misleading. Like the infographic about the cost of making a mattress. It probably should title it "Here is how a cheap mattress is marked up". Because there is mattresses and mattresses. Tons of variations, fabrics and qualities. And well.. you're not even selling mattresses or at least we don't call that a mattress here ( Spain ) but a mat instead. It is just too thin. Less than half the thickness of a regular mattress. Then of course, the fact that is made of foam only makes it worse as with that thickness it will unavoidable deform with usage. Who tells otherwise is lying or just very new to the business plainly because all foam mattresses deform to some degree.
Then there is the foam density, that I can't see anywhere in the specs. And as you can guess when you import materials the bigger the density the more expensive the foam sheets are. But hey, people today demand cheap prices. But anyways, mattresses these days tend to have lesser foam densities as people want cheaper prices. But of course that comes with the cost of deformability and that's why mattresses these days don't last that much as they used to in the past.
One thing that tells how good your marketing efforts are is that the mattress is foldable. Someone not used to mattress would think: AWESOME. Some used would think, oh no another crappy sofa-bed mat. I'd never recommend anyone to buy a foldable bed unless for an apartment with very low space and of course... for a sofa-bed!
So my summary would be: really well done making attractive a low-end product. The marketing is excellent and you definitely found a market out there. The website is beautiful but well.... you sell what you sell, tons of half-truths on it.
The website is really beautiful. Well done. It almost makes you feel I have to buy this!!! I think that's the key point.
Because apart from that... well... there's a rule in business that is you get what you pay for. Even if mattress retailers are making a fortune on margins, well you guys also have margins too. And a retail price of $299..to..$499-king tells me that your mattresses are very low end.
So the website is beautiful but very misleading. Like the infographic about the cost of making a mattress. It probably should title it "Here is how a cheap mattress is marked up". Because there is mattresses and mattresses. Tons of variations, fabrics and qualities. And well.. you're not even selling mattresses or at least we don't call that a mattress here ( Spain ) but a mat instead. It is just too thin. Less than half the thickness of a regular mattress. Then of course, the fact that is made of foam only makes it worse as with that thickness it will unavoidable deform with usage. Who tells otherwise is lying or just very new to the business plainly because all foam mattresses deform to some degree.
Then there is the foam density, that I can't see anywhere in the specs. And as you can guess when you import materials the bigger the density the more expensive the foam sheets are. But hey, people today demand cheap prices. But anyways, mattresses these days tend to have lesser foam densities as people want cheaper prices. But of course that comes with the cost of deformability and that's why mattresses these days don't last that much as they used to in the past.
One thing that tells how good your marketing efforts are is that the mattress is foldable. Someone not used to mattress would think: AWESOME. Some used would think, oh no another crappy sofa-bed mat. I'd never recommend anyone to buy a foldable bed unless for an apartment with very low space and of course... for a sofa-bed!
So my summary would be: really well done making attractive a low-end product. The marketing is excellent and you definitely found a market out there. The website is beautiful but well.... you sell what you sell, tons of half-truths on it.