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Re:Fad or Icon? How the Crocs brand crashed & burned by andrewljohnson on Saturday October 24, 2009 @03:37PM (#900850)
While the stock price has certainly crashed, Crocs is still worth $650M dollars: http://www.google.com/finance?client=ob&q=NASDAQ:CROX

If that's a fad, I hope I can create a fad business someday.

Maybe the Crocs business strategy was exactly right - milk it while it's trendy, and then keep a good business at the end.

It's not like these shoes are Nintendo Wiis. There is absolutely no limit on how many you can produce. If Crocs hadn't saturated the market, then all those knock-offs would have stolen more of the total money to be made on the idea.

Re:Fad or Icon? How the Crocs brand crashed & burned by mcd on Saturday October 24, 2009 @07:09PM (#901026)
> If Crocs hadn't saturated the market, then all those knock-offs would have stolen more of the total money to be made on the idea.

That is true. I think the total amount of crocs sold is the same - the only difference is that 90% of them are knockoffs. I am wearing a $2 pair of knock-offs right now.

The problem is that it was a good idea which everyone could copy.

Re:Fad or Icon? How the Crocs brand crashed & burned by dantheman on Saturday October 24, 2009 @06:49PM (#901015)
I could understand these as cheap water shoes for children. I've been a fan of these watershoes for adults: http://www.rei.com/product/780680?cm_mmc=cse_froogle-_-dataf...

They stay on really well, and when combined with neoprene booties provide the best cold water/mountain river shoe I've ever found. I use these when I go kayaking or try to hike up a stream or creek.

They're not that much more expansive, but provide a significantly improved experience, and look a lot nicer. Overall though, I the crocs fit a certain need -- cheap watershoes, for infrequent use, or for children.

Re:Fad or Icon? How the Crocs brand crashed & burned by Tarks on Saturday October 24, 2009 @04:30PM (#900902)
I wondeer if this helped their downfall.

http://www.thebestpageintheuniverse.net/c.cgi?u=fashion

Re:Fad or Icon? How the Crocs brand crashed & burned by scythe on Saturday October 24, 2009 @06:05PM (#900985)
While I doubt Maddox alone was a serious influence on anyone's stock price, commentators like him definitely have an influence on people's attitudes; when Crocs became ugly and smelly in the minds of many potential customers, those people were no longer potential customers.

(Whether Crocs are actually ugly and smelly is beside the point, though I agree with maddox here)

Re:Fad or Icon? How the Crocs brand crashed & burned by RevRal on Saturday October 24, 2009 @09:00PM (#901106)
I was going to post this because it is the specific reason I never bought Crocs. Also, I liked telling people how ugly their Crocs were, and his page helped.
Re:Fad or Icon? How the Crocs brand crashed & burned by human_v2 on Saturday October 24, 2009 @09:06PM (#901114)
I think the Vibram Five Fingers helped the downfall too. I bought a pair of the KSOs and there's been two days I haven't worn them since I got them. People that buy crocs want to have neat shoes that are a little eccentric. They stop being eccentric when everyone has them. Vibrams are now more eccentric than crocs, so the fad is fading. This isn't to say that crocs won't continue to have regular customers though.
Re:Fad or Icon? How the Crocs brand crashed & burned by hop on Saturday October 24, 2009 @03:12PM (#900833)
Yeah, their stock was trading around a P/E of 60 for a while. Its the first and only time I bought a put on a stock. Complete irrational exuberance.
Re:Fad or Icon? How the Crocs brand crashed & burned by tptacek on Saturday October 24, 2009 @03:39PM (#900854)
If they hadn't produced to sustain and satisfy demand, they might have made less money, if the trend was destined to falter anyways.
Re:Fad or Icon? How the Crocs brand crashed & burned by davidw on Saturday October 24, 2009 @04:05PM (#900885)
Question for debate: is twitter a fad or an icon?
Re:Fad or Icon? How the Crocs brand crashed & burned by olefoo on Saturday October 24, 2009 @07:20PM (#901029)
This is not a question that can be answered in a span of less than a decade.
Re:Fad or Icon? How the Crocs brand crashed & burned by davidw on Sunday October 25, 2009 @01:27AM (#901296)
Yeah, you're right, but it's an interesting one to ponder.
Re:Fad or Icon? How the Crocs brand crashed & burned by human_v2 on Saturday October 24, 2009 @09:02PM (#901109)
IMO, twitter itself is a fad, but only because it's somewhat revolutionary. It's becoming a collectively conscious entity, much like the entire internet. Twitter is around because people want to know what others are thinking as soon as they are thinking it.

Twitter will die when we come up with a more efficient form of telepathy.

Re:Fad or Icon? How the Crocs brand crashed & burned by btn on Sunday October 25, 2009 @01:31AM (#901297)
Twitter will die when we come up with a more efficient form of telepathy.

Or, the novelty of being continually flooded with pointless and trivial information wears off.

Re:Fad or Icon? How the Crocs brand crashed & burned by qeorge on Sunday October 25, 2009 @06:33PM (#902265)
And this blogging thing should bite the dust pretty soon too, right?
Re:Fad or Icon? How the Crocs brand crashed & burned by maukdaddy on Saturday October 24, 2009 @03:13PM (#900834)
Oh come on. Everyone and their mother saw this one coming. Anyone who bought shares of Crocs was only playing a game of timing.
Re:Fad or Icon? How the Crocs brand crashed & burned by beefman on Saturday October 24, 2009 @08:10PM (#901073)
Funny, I doubled my money on the stock in the last 6 months... I think they're doing great!

Yes it was a fad, and yes they didn't stick to fundamentals with their product line, but there are enough fat people, diabetics, and children in the world to sustain the company for the long haul.

Re:Fad or Icon? How the Crocs brand crashed & burned by eric_t on Sunday October 25, 2009 @04:26AM (#901398)
All the knock-offs at one fifth of the price probably helped too...
Re:Fad or Icon? How the Crocs brand crashed & burned by mmphosis on Saturday October 24, 2009 @03:47PM (#900867)