KSD Issues Statement on Fasttech

[RPadTV]

KSD has issued an official statement regarding Fasttech. It remind me of the Innokin vs. fasttech squabble from a few months ago. Since then, Innokin has implemented a scratch-off sticker with a code that can be checked on the company's web site to ensure authenticity. While most people believe that the Innokin products on fasttech are legit, fasttech is definitely not an authorized reseller. KSD's statement is even bolder than the one Innokin issued, saying that Fasttech's KSD products are "definitely just copies." I wonder how Fasttech will respond....

 

[The Ocelot]

I wonder what Vapor Joe will say this time.

 

[retired1]

Kamry has a similar notice on their site.

 

[Maggiemw]

I wonder what Vapor Joe will say this time.

I think he'll say the same thing he said last time, because the merchandising logic hasn't changed one iota.

The manufacturers are still annoyed that FastTech is undercutting their MSRP. Fine, they can be annoyed. They're getting their cut just the way they were before. It's their retailers/middlemen who are losing money.

Plus, of course, the manufacturers would like to protect their image as (perceived) high-class, exclusive, only-for-those-who-can-afford-it purveyors to the vaping elite.

I appreciate Fast Tech for making the snobby brands available to all and sundry.

 

[The Ocelot]

Kamry has a similar notice on their site.

Except for the company name it's the exact same statement. Perhaps FastTech has angered The Triad.

 

[Ref Minor]

That's dreadful, I had no idea, I just don't know what to say. I will definitely be buying the same products from retailers in my own country for three times the price from now on.

 

[Wow1420]

The Innokin itaste I got just 2 days ago from FT does have that scratch off sticker on the box.

 

[Mad Scientist]

What's interesting is that Innokin recently issued a statement that now says basically it likes Fastech selling a lot of volume of its products and Fastech is now ok with them. The Innokin site seems to be down so I can't link to it. It's under news as one of the statements.

Today they say copies, tomorrow who knows. Can anyone verify that a "real" KSD Vamo is a "legit" Vamo? Good luck. This business wrangling in China is bordering on silly. My guess is that other retail distribution channels are whining to the manufacturers that Fastech is selling too cheap and they want something done about it. Maybe the stuff is "fake" maybe not but these statements don't tell us much.

 

[Ref Minor]

What's interesting is that Innokin recently issued a statement that now says basically it likes Fastech selling a lot of volume of its products and Fastech is now ok with them. The Innokin site seems to be down so I can't link to it. It's under news as one of the statements..

Quote from Innokin site, they are not saying FT Innokins are legit or not or whether they are happy with the pricing.
---------------------------------
We Innokin make the following statements in response to the pricing discussion about "Innokin Products" Fast Tech sell:

1. As we all know that it is very difficult to avoid faking products on the internet. Innokin will fight firmly against fake products and try our best to protect the interests of our cusumers and distributors.
2. We sell our products to our distributors at the same prices, maintainning the retailing price will not result in maximizing our profit. On the contrary, if Fast Tech are selling our products, the more they sell, the more profit we can make. As a manufacturer, large sales is the key to ensure our profit. But being a responsible brand, indulging fake products or unreasonable pricing sellings will cause damage to the whole market.

3. As a company that respects intellectual property right, we won't infringe intellectual property rights, we have always been sticking to develope our own electronic cigarettes in an innovative way. China also have many companies that respect intellectual property rights.


(Responsible editor：Innokin Technology)

 

[The Ocelot]

The thing with KDS is interesting. I had heard they introduced the Vamo, but nothing since then. The Vamo (also called the "Bamboo" at one point, although the Bamboo is now a different device) is sold by lots of companies, and while the ones with the colored buttons obviously look different, the rest...all look same.

Why hasn't KDS put their name on it before? Where do all these come from?

Vamo Electronic Cigarette-Vamo Electronic Cigarette Manufacturers, Suppliers and Exporters on Alibaba.comOther Consumer Electronics

 

[claudebo]

I got my MVP from fasttech about 3 weeks ago.

Seems to be the real item, although I did not
see the peal off sticker.

Either way I love the thing!! been using it every day
and it fits pretty good in my pocket. The sequilli did not.

 

[The Ocelot]

I forgot, even the Sigelei version is on (or almost on) the market.

 

[Maggiemw]

Quote from Innokin site, FT Innokins are legit
---------------------------------
We Innokin make the following statements in response to the pricing discussion about "Innokin Products" Fast Tech sell:

1. As we all know that it is very difficult to avoid faking products on the internet. Innokin will fight firmly against fake products and try our best to protect the interests of our cusumers and distributors.
2. We sell our products to our distributors at the same prices, maintainnng the retailing price will not result in maximizing our profit. On the contrary, if Fast Tech are selling our products, the more they sell, the more profit we can make. As a manufacturer, large sales is the key to ensure our profit. But being a responsible brand, indulging fake products or unreasonable pricing sellings will cause damage to the whole market.

3. As a company that respects intellectual property right, we won't infringe intellectual property rights, we have always been sticking to develope our own electronic cigarettes in an innovative way. China also have many companies that respect intellectual property rights.


(Responsible editor：Innokin Technology)

Well, good for Innokin to have finally understood the incredible advertising it is getting from people buying from FT. Look at the discussions, the praise, the word-of-mouth surrounding its stuff now. Innokin couldn't buy that kind of reputation-building.

There are no Innokin "authorized suppliers" here in Israel, and even if there were, given the mark-ups here, I would probably never buy an Innokin product from one. Now I have 3...all very, very satisfactory.

Innokin earned its wholesale price and gained a happy customer when I bought its stuff from FT.

In fact, they really should send FT a medal for creating brand loyalty...

 

[footbag]

I bought my Vamo from Fastech against my better judgement. I spent a few days thinking that thing is just a POS. then I realized its the coils in the vivi nova. 5ohms?

I was about to throw it in the junk drawer, but got some info on how to rebuild.

 

[Fyreffect]

And I just ordered an iTaste MVP from FT... should I be expecting a fake? It was ~$15 cheaper than the kit sold by retailers in the US.

 

[Maggiemw]

And I just ordered an iTaste MVP from FT... should I be expecting a fake? It was ~$15 cheaper than the kit sold by retailers in the US.

Ah, did you read what Ref Minor posted? Innokin's change of mind? Just go back up a couple of posts and you'll find it, but in case you don't feel like going back and reading the whole thread, no, you won't be getting a fake.

FT's policy is that if they call it an Innokin, it IS an Innokin. If they use the manufacturer's name, it IS IS IS authentic. If they don't, then it isn't.

 

[Fyreffect]

Thank you Maggie, I must have missed that. Big relief!

 

[Bmannator]

Quote from Innokin site, they are not saying FT Innokins are legit or not or whether they are happy with the pricing.
---------------------------------
We Innokin make the following statements in response to the pricing discussion about "Innokin Products" Fast Tech sell:

1. As we all know that it is very difficult to avoid faking products on the internet. Innokin will fight firmly against fake products and try our best to protect the interests of our cusumers and distributors.
2. We sell our products to our distributors at the same prices, maintainning the retailing price will not result in maximizing our profit. On the contrary, if Fast Tech are selling our products, the more they sell, the more profit we can make. As a manufacturer, large sales is the key to ensure our profit. But being a responsible brand, indulging fake products or unreasonable pricing sellings will cause damage to the whole market.

3. As a company that respects intellectual property right, we won't infringe intellectual property rights, we have always been sticking to develope our own electronic cigarettes in an innovative way. China also have many companies that respect intellectual property rights.


(Responsible editor：Innokin Technology)

Wink, wink, nod, nod, You gotta love the Chinese. I can just see the guy typing this statement, tears of laughter streaming down his face. "We don't cockroach anyone's designs, Yeah, that's the ticket. It's just so... not us"

In the immortal words of EVERY corporate CEO that just stabbed his competitor in the back..."It's just business"

 

[HDVaper]

My fake Vamo V3 is being delivered today from Fasttech. I hope I don't have to throw it in the trash due to it being a copy

 

[the_vape_nerd]

And I just ordered an iTaste MVP from FT... should I be expecting a fake? It was ~$15 cheaper than the kit sold by retailers in the US.

you are going to get a genuine innokin mvp ok...i know this b/c i bought a second mvp from FT and its exactly the same thing i bought from avid vaper last year...exactly the same

some of this confusion is resluting from FT's mode of getting around the minimum pricing thing

they probably have shell companies that acquire the stock

example Long Duc Dong's Vaping company buys 100 mvps from innokin....Innokin is correct in saying they havent sold any products to fasttech...but what innokin is missing is that Long Duc Dong's Vaping Co., is wholly owned by FT for the sole purpose of buying stock and to get around this minimum pricing issue