Increased manufacturing costs and supply chain issues are hitting loudspeaker startup Syng quite hard. The company has announced a substantial price increase on their first product, an all-in-one wireless speaker called the Syng Cell Alpha, only 8 months after launch.
Not an inexpensive speaker by any measure, each Cell Alpha debuted at $1,799 per speaker last year. Beginning April 29, 2022, prices are scheduled to balloon to $2,399 per speaker with table stand or $2,499 with floor stand. That’s a $600 price bump per speaker. Ouch.
Although one Cell Alpha can provide room-filling sound, the real benefits come from buying two or three speakers which are designed to work in unison together. That means customers have to dig an extra $1,800 out of pocket to attain the Syng triphonic audio experience.
The good news is there’s still time to buy before the new pricing takes effect. Just be sure to purchase before April 29th. With an almost unheard of 100-day return policy, there’s no excuse to wait.
A three-speaker Cell setup will jump from $5,397 to $7,197.
In a blog post on the company website, Syng Co-Founder and CEO, Christopher Stringer said, “Like many others, we have been faced with an increase in costs across every aspect of our supply chain over the course of this past year. As of April 29th, 2022, a price increase will go into effect for Cell Alpha and its accessories.”
“We are not taking this measure lightly, but this is ultimately a necessary and healthy one in order to continue to offer Cell Alpha to our customers and to invest in our design and engineering development work on the innovative products that we have in store for the future.”
“The upcoming price adjustment will better enable Syng to accelerate a roadmap of exciting new software features and accessories, as well as the further work necessary to bring Cell Alpha to more countries and expand distribution channels.”
“Based upon feedback from our Syng customers to date, we know that they love their Cells, and our records show that just under 50% of our customers have come back to purchase two or more Cell Alphas after their initial purchase. That’s an extraordinary fact and reminds us daily of our responsibility to our customers and our mission to define and build the future of sound.”
As of April 29th, the adjusted prices for Cell Alpha and accessories will be:
- Cell Alpha with Table Stand – $2399 (Now $1799)
- Cell Alpha with Floor Stand – $2499 (Now $1969)
- Table Stand – $199 (Now $79)
- Floor Stand – $349 (Now $249)
- Syng Link – $79 (Now $49)
All prices are in USD and will be adjusted for local currencies.
Where to buy: syngspace.com or Amazon.com
Note: We just got a set of three Syng Cell Alpha speakers in for review so expect more coverage very soon!
ORT
April 22, 2022 at 1:53 am
Groovy but…Pass.
ORT
Bob
October 2, 2022 at 3:34 am
How about that review?