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Snap sold fewer than 42K Spectacles, down 35% in Q2

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Re: Snap sold fewer than 42K Spectacles, down 35% in Q2

#51

Post by hkmurakami »

mathperson wrote: post #46
Splendor wrote: post #15

42K is low but the product appeals to a very small segment of consumers: Snapchat users, who don't wear prescription eyeglasses, who happen to have a face shape complimented by the single size/style of Spectacles.

It seems to me an error they don't offer a prescription version yet

Selling prescription eye wear in the United States seems to come with a lot of red tape. I don't think they want to get in the business of requesting and verifying an eye exam within the last 12 months before selling a one size fits all consumer item.

Re: Snap sold fewer than 42K Spectacles, down 35% in Q2

#53

Post by ddmax »

All of those spectacles, eventually, will go in the trash and into landfills. Few people think about that. If you buy a spectacle, you are literally buying future pollution. In 300 years, those spectacles and their batteries will still be polluting the ground and the water. Is this how we measure progress?

Re: Snap sold fewer than 42K Spectacles, down 35% in Q2

#54

Post by gre »

ghostly_s wrote: post #44
gre wrote: post #19

I wonder how much revenue their geofenced custom filters bring in?

What's the revenue model on these?

You can make custom filter for a location for a time and the price scales for both. You can only use the filter from that geofence.

Something like $70 for a half square mile for a day on the geofence I drew in Santa Monica. It's $5 for an office building in downtown Austin for a day.

Their ui is really fun!

Re: Snap sold fewer than 42K Spectacles, down 35% in Q2

#55

Post by bjl »

rayuela wrote: post #23
pavlov wrote: post #6

Based on my brief exposure, Spectacles is a very polished product. Everything about it had an aura of breezy, forward-moving fun that is usually absent from tech: the purchase experience at a super-cute vending machine that displays a rendering of the glasses on your face; the yellow carrying case that doubles as extra battery for the glasses; the effortless installation experience; even the round video that invites…

I still think there's a lot of potential to Spectacles. It seems like they fell to the wayside with all the distraction from the IPO, but I hope it's something they focus in on going forward. I think making it socially acceptable to wear a camera on your face is a problem that very few companies can pull off. I hope their tumbling share price lights a fire under their ass and forces them to take the risk necessary to…

Why in the world would you want to make it socially acceptable to wear a camera on your face?

Re: Snap sold fewer than 42K Spectacles, down 35% in Q2

#56

Post by wonder_bread »

Were the Specs ever meant to be more than a hype vehicle though? Obv. if it had blown up into an international phenomenon Spiegel & Co. would have taken it but I feel like it was more just a power strut en route to their IPO to show that people are excited about their platform more so than "Big Brother's"

Re: Snap sold fewer than 42K Spectacles, down 35% in Q2

#57

Post by overcast »

ghostly_s wrote: post #43
overcast wrote: post #16

Earlier quoted context omitted.

I get it, but for what? I mean, it's such a niche thing. I have to wear these ugly glasses that do ONE thing. Or just use my phone. People have their phones out CONSTANTLY. They spend more time in hands than they do pockets.

> People have their phones out CONSTANTLY. They spend more time in hands than they do pockets. Um. Not mine. Maybe stop wildly generalizing and your market analysis will improve.

Oh brother, there is always that one person that has to call out someones "generalizations". It's just plain fact, that the current generation is hyper addicted to their smart phones. I walk into the break room, and the shop guys all in their 40-50s, are silently glued to their phones. Texting and driving is a real problem. Fear of missing out is a real problem. People walking down sidewalks oblivious to the rest of the world, is a real problem. Addiction to smartphones is a REAL problem.

Re: Snap sold fewer than 42K Spectacles, down 35% in Q2

#58

Post by otalp »

Splendor wrote: post #15

42K is low but the product appeals to a very small segment of consumers: Snapchat users, who don't wear prescription eyeglasses, who happen to have a face shape complimented by the single size/style of Spectacles.

Also they were very hard to get if you weren't in the few places where they were sold.

Re: Snap sold fewer than 42K Spectacles, down 35% in Q2

#59

Post by lamp_book »

ghostly_s wrote: post #43
overcast wrote: post #16

Earlier quoted context omitted.

I get it, but for what? I mean, it's such a niche thing. I have to wear these ugly glasses that do ONE thing. Or just use my phone. People have their phones out CONSTANTLY. They spend more time in hands than they do pockets.

> People have their phones out CONSTANTLY. They spend more time in hands than they do pockets. Um. Not mine. Maybe stop wildly generalizing and your market analysis will improve.

I don't understand your position. This very article is evidence that his market analysis does not need to improve.
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