Notices
992 2019-Present The Forum for the Non-Turbo 911
Sponsored by:
Sponsored by:

Consumer shift in demand. Why the 992.2 is better?

Thread Tools
 
Search this Thread
 
Old 06-10-2024, 03:08 PM
  #46  
GT4RSYMPHONY
Advanced
 
GT4RSYMPHONY's Avatar
 
Join Date: Apr 2024
Posts: 74
Received 35 Likes on 23 Posts
Default

Originally Posted by CM991
This is a very well written and romantic post but the reality is Porsche is not targeting 20-30 year olds. Since you are 25, you might believe life is based on what you see on social media and that covers the full spectrum There are 30,000 actual Porsche 911 buyer for every one or two influencer you see with a 911 GT3.

The 911 is going into a completely different price point with the 992.2. Lamborghini, as an example, sold about 3-4 thousands sports cars (non-SUV) worldwide. The 911 alone sold over 40,000 units globally. No sane company will market their 911 to 20-30 year olds that have an average income of less than $100K. The economics are just not there.

This is why the 911 average age is in the 50s. Not because old people love them, is that it is very difficult to afford a $150K car in your 20s. We do see more and more people in their 30s and 40s owning 911s as this new digital economy has allowed alternate and non-traditional income streams to this new generation, but Porsche strategy for the 911 is not 20-30 year olds. That’s what the Macan and 718 is for.

The digital dash and the push-bottom is the result of the organic modernization of vehicles. It’s a natural progression. That’s why BMW lost its iconic hood, the center door lock button amongst other things.

The 911 will remain a 911. Everyone said the same thing about the 997 when the 991 came out. When the 992 came out “it was too big for a Porsche! OMG!” Now people say the 992.1 is the best Porsche and will go down in history as the last non-digital.

I personally do not understand why remove such an iconic feature that does not seem to significantly reduce cost and doesn’t seem to be a mandatory requirement for the hybrid system. But only Porsche knows, for now.

But I’m in my late 30s and I do not make average income for my age. Our households is in the 7-figures. Most 30 year olds are mid low 6-figures and nowadays that’s not sufficient in most cases to justify a 911 price-wise.
Most 30 yr olds are sub 6 figures
The following users liked this post:
detansinn (06-10-2024)
Old 06-10-2024, 03:08 PM
  #47  
net
Intermediate
Thread Starter
 
net's Avatar
 
Join Date: Apr 2024
Posts: 41
Received 26 Likes on 9 Posts
Default

Originally Posted by double-o-seven
Do you think Rolex would be as successful as a brand if it went all-in on quartz revolution in the 1970s and 80s?

If Rolex did that, it would have been crushed. Hybridizing and electrifying Porsche 911 is like turning an automatic mechanical watch brand like Rolex into an expensive Casio, and this will have its consequences as watering-down of the brand heritage.

Remember, Germany is the country that tried to be "cool" with divestment of fossil fuel and nuclear power plants prematurely, and then got smacked by the lack of consistent electric generation with renewable energy. When the socialists in Germany then turned to Russian natural gas as a gap filler, Russia thought it could keep Germany hostage, and its belief in keeping Germany a Russian economic hostage played a role in "comfortably" attacking Ukraine back in 2022.

Germany, as a result, has been the worst economic victim of the Russo-Ukraine War since 2022 in the Eurozone, and has suffered low / no growth and stagflation, relative to other G7 countries.

My point is, what appears to be a radical "cool" progress often backfires and turns that self-proclaimed cool kid in high school locker room into a burger flipper when the kid goes into adulthood, while the quiet conservative straight A+ student in that same school goes to the best and gets to do much cooler things later in life.

Germany and Volkswagen, in particular, tried to be that "cool kid in the high school locker room," and are turning into a red pulp by Russia and China today. In contrast, the quiet kid in high school who gets to do cool stuff later in life is Toyota and Hyundai / Kia today, with record profits that VW can only dream of in its wet dreams.
I'm not too sure I can see what you're getting at, I mean Porsche is forced to make some of these changes and have to adapt and compete with all other car manufacturers to these new regulations from Lamborghini to Ferrari etc this wasn't something that Porsche chose to do on there own.

If you want to give a watch brand comparison you should look at AP, they chose to do quite "controversial" collaborations with rappers, NBA players, and streetwear brands. A lot of the traditional watch enthusiasts hated it and said they were watering-down the brand heritage. But if you look on paper AP sort of became the most sought-after watch brand this year and everyone is lining up to get a piece.
Old 06-10-2024, 03:12 PM
  #48  
B194HR
Instructor
 
B194HR's Avatar
 
Join Date: Jul 2023
Posts: 152
Received 227 Likes on 90 Posts
Default

Originally Posted by ipse dixit

Porsche GT cars, on the other hand, are more like your Rolexes, Pateks, JLCs, etc. Auto or manual wind timepieces (not watches) that people wear because they want to, not because they have to.
No one has to buy a GT car or a Porsche for that matter either, but they do, because it brings them a sense of satisfaction for whatever reason.
And as far as Rolex and Patek are concerned, they are no where near being comparable.

So let’s compare cars to cars and watches to watches.
Old 06-10-2024, 03:48 PM
  #49  
brandobot
Rennlist Member
 
brandobot's Avatar
 
Join Date: Feb 2012
Location: California
Posts: 510
Received 154 Likes on 98 Posts
Default

In my early 30's, work in tech and have a 992.1 GTS and a 718 Spyder. I personally have no interest in the 992.2 GTS due to the lack of manual transmission and the added complexity of batteries, electric motors, etc.. I do understand the current shift to hybridization, which I feel like is driven by the tightening regulation around emissions. I think the innovation and technology is awesome, but I prefer less complex machines for a number of reasons including ease of maintaining, reliability, weight and more.

While I prefer a turn-key ignition and an analog tach, I would say a push start and digital dash isn't a deal breaker
The following users liked this post:
911usmc (06-12-2024)
Old 06-10-2024, 04:10 PM
  #50  
kocsis
Rennlist Member
 
kocsis's Avatar
 
Join Date: Sep 2001
Location: Coconut Grove, FL
Posts: 368
Received 54 Likes on 24 Posts
Default

If you would see the multiplicity of switches and buttons on my 2013 Cayenne, and imagine the wiring harness plus the cost of those switches, you could easily see a substantial savings from having all those controls in the PCM and save those dollars. Same for the start/stop switch that is purchased in bulk vs the Porsche “key turning” switch that is unique to the brand. The same thing is true with the physical gauges on the dashboard bs the virtual ones on the screen.

The push toward cost savings is evident in the engines and body parts which over time have become less and less differentiated between model versions. I suspect that the simplified controls and wiring also enables easier (maybe over the air) servicing and recalls.

Porsche is not GM, but remember the issue with the GM ignition switches that would turn off involuntarily due to a fraction of a cent savings in the cost of the internal switch mechanism? Every manufacturer must balance cost vs utility and the bean counters often win. Porsche has a very deliberate strategy of aggressively raising prices while trying to cut component and wiring costs, among others.

I still lust for my third 911 and am waiting for my new carrera T with bated breath (presently sitting at Emden).

Last edited by kocsis; 06-10-2024 at 04:14 PM. Reason: Typos
Old 06-10-2024, 04:17 PM
  #51  
VarTheVar
Rennlist Member
 
VarTheVar's Avatar
 
Join Date: Feb 2023
Posts: 695
Received 668 Likes on 312 Posts
Default

Originally Posted by net
As the title suggests, Porsche has taken a step in the right direction with the 992.2. Contrary to what the majority may think Porsche is currently doing what is the best for the brand.

There was a major shift in consumer demand for Porsche 911s, for as long as I remember I remember the 911 was known to be the old man sports car. But with the recent success of Porsches marketing campaigns and being able quite literally to conquer social media a lot of the younger generation and new money has changed their dream cars from Lamborghini/Mclaren to 911s. Now the Porsche 911s especially the GT line are linked with status and success on social media rather than high-performance track cars. This is why we recently the crazy inflated prices for them because all the new internet money went and bought them for crazy markups since no price is too high to show your newly acquired status on social media.

Let me tell you those people don't care about a turn key to start or a digital tachometer; rather, they associate digital technology with high performance and luxury. All they care about is getting the new hottest piece with the highest performance. Now back to why I think Porsche is taking the right direction, browsing RL I see the average age for users is between 50-60 Porsche knows this and is catering to people in their 20s and 30s because these are the people who are going to buy new cars for at least 30 years to come. Similar to what a lot of other luxury brands have been doing such as AP with the collaborations of celebrities and Rolex with fun colourful dials etc.

Most of the people buying 911s now have had an emotional connection with the model and brand seeing them win races growing up for instance, but this is a thing of the past and now it's all about social media unfortunately.

With that said, the reason for this post is just to show a different perspective on the matter and perhaps show that the 911 model has a brighter future not dying with the new changes, as some people seem to think.

FYI I'm 25 years of age so maybe I'm just biased and don't know what I'm talking about.
I agree with this and it's not Porsche specific. That's why all modern sports cars suck

Last edited by VarTheVar; 06-10-2024 at 04:29 PM.
Old 06-10-2024, 04:49 PM
  #52  
Jim986
Rennlist Member
 
Jim986's Avatar
 
Join Date: Jan 2024
Location: Greenville, SC
Posts: 140
Received 91 Likes on 47 Posts
Default

Bottom line is that Porsches are cars for wealthy people whatever age group you're in.
The following 3 users liked this post by Jim986:
got2go (06-11-2024), Tedster (06-11-2024), Vernin (06-17-2024)
Old 06-10-2024, 05:33 PM
  #53  
DrKarlB
Instructor
 
DrKarlB's Avatar
 
Join Date: Aug 2020
Posts: 126
Received 103 Likes on 50 Posts
Default

Originally Posted by rk-d
People are acting like the 992.2 is so different from the 992.1. It's damn near the same car.
..... but...... but.... but.... its got a button :-)))))
Old 06-10-2024, 05:44 PM
  #54  
jstap808
Instructor
 
jstap808's Avatar
 
Join Date: Mar 2024
Posts: 231
Received 139 Likes on 67 Posts
Default

Not sure I know of a single 911 owner that wants more electronics, more screens, more stability management systems, less noise, etc. While I understand adopting new technologies that enhance the driving experience is critical to maintain relevance, doing so in a manner that pisses off the majority of your fanbase and customers is the wrong way to execute. Abide by new laws and regulations but do so without compromising on your core competencies and foundations. Those who want all the doo-dads and nonsensical gadgets and gizmos will not be looking to buy a 911 but rather something else from the Porsche lineup or from a competitor. Don't soil the crown jewel or risk destroying your brand (which has happened to numerous other automakers, let alone numerous companies worldwide).
The following users liked this post:
bboerit (06-10-2024)
Old 06-10-2024, 06:07 PM
  #55  
R N M
Racer
 
R N M's Avatar
 
Join Date: Aug 2020
Location: NY
Posts: 313
Received 245 Likes on 109 Posts
Default

Originally Posted by jstap808
Not sure I know of a single 911 owner that wants more electronics, more screens, more stability management systems, less noise, etc. While I understand adopting new technologies that enhance the driving experience is critical to maintain relevance, doing so in a manner that pisses off the majority of your fanbase and customers is the wrong way to execute. Abide by new laws and regulations but do so without compromising on your core competencies and foundations. Those who want all the doo-dads and nonsensical gadgets and gizmos will not be looking to buy a 911 but rather something else from the Porsche lineup or from a competitor. Don't soil the crown jewel or risk destroying your brand (which has happened to numerous other automakers, let alone numerous companies worldwide).
Unfortunately some people want the status and heritage of the 911 “sports car” look / reputation but want it to be quite and comfy as a Lexus.
Little by little Porsche has been headed that way especially as China market doesn’t care about driving engagement at all.

Still if someone told me as recently as 2-3yrs ago that Porsche would have 992.2 launch with no manual options and top version being Hybrid- I would not have believed it.
The following users liked this post:
Tedster (06-11-2024)
Old 06-10-2024, 06:24 PM
  #56  
VarTheVar
Rennlist Member
 
VarTheVar's Avatar
 
Join Date: Feb 2023
Posts: 695
Received 668 Likes on 312 Posts
Default

Originally Posted by jstap808
Not sure I know of a single 911 owner that wants more electronics, more screens, more stability management systems, less noise, etc.
All of us literally have the car you are describing. While I agree with you, I still went out and bought one. I may not do that again. We'll see
The following users liked this post:
Vernin (06-17-2024)
Old 06-10-2024, 06:30 PM
  #57  
German1967
Pro
 
German1967's Avatar
 
Join Date: Apr 2021
Location: Cincinnati
Posts: 642
Received 595 Likes on 265 Posts
Default

In order to cater to the "digitized generation" I suggest Porsche fixes the PCM. Whenever I drive my BMW, I wish Porsche would be able to create an iDrive 7/8 (or even better) user experience.
The following users liked this post:
911dude41 (06-10-2024)
Old 06-10-2024, 06:52 PM
  #58  
ipse dixit
RL Community Team
Rennlist Member
 
ipse dixit's Avatar
 
Join Date: Sep 2005
Posts: 16,808
Likes: 0
Received 11,475 Likes on 5,033 Posts
Default

Originally Posted by B194HR
No one has to buy a GT car or a Porsche for that matter either, but they do, because it brings them a sense of satisfaction for whatever reason.
And as far as Rolex and Patek are concerned, they are no where near being comparable.

So let’s compare cars to cars and watches to watches.
Don't tell that to Rolex owners.
The following users liked this post:
Vernin (06-17-2024)
Old 06-10-2024, 06:56 PM
  #59  
ipse dixit
RL Community Team
Rennlist Member
 
ipse dixit's Avatar
 
Join Date: Sep 2005
Posts: 16,808
Likes: 0
Received 11,475 Likes on 5,033 Posts
Default

Originally Posted by westsiderkg01
Good luck kids with your tech motors....thought I knew it all at 20 something too....I'm old, ICE is proven, I'll stay back and watch, thank you.

By the way...if you kids are so cutting edge and innovative, then why go to all the effort of making digital screens just to make them show a fake / outdated analog dial in digital format, lol.....what a redundant oxymoron. Come up with something new then....we're all waiting.
Have you seen the Apple Watch faces?

Some of the most popular ones are of (wait for it) analog clocks.


The following 2 users liked this post by ipse dixit:
Autobacs (06-22-2024), Vernin (06-17-2024)
Old 06-10-2024, 08:51 PM
  #60  
3520MMF
Intermediate
 
3520MMF's Avatar
 
Join Date: May 2024
Posts: 40
Received 28 Likes on 16 Posts
Default

Originally Posted by R N M
Unfortunately some people want the status and heritage of the 911 “sports car” look / reputation but want it to be quite and comfy as a Lexus.
Little by little Porsche has been headed that way especially as China market doesn’t care about driving engagement at all.

Still if someone told me as recently as 2-3yrs ago that Porsche would have 992.2 launch with no manual options and top version being Hybrid- I would not have believed it.


Do you feel most people .. past and present bought-buy 911s for the status and heritage? And do people who do full leather ,extended leather, visors ,steering column etc ,18 ways etc , etc 360 cameras lane assist on and on also want quiet comfy as a Lexus ?
The following users liked this post:
Vernin (06-17-2024)


Quick Reply: Consumer shift in demand. Why the 992.2 is better?



All times are GMT -3. The time now is 03:32 AM.