The show aired on Sunday. To be honest I could have pitched the product better than the two Directors did. I was also surprised that a company who knock out as many premium caravan covers as they do and with a very impressive turnover sold out 26% of their company to two Dragons for a 'mere' £70k. With a robust business plan surely they could have approached the need for investment along the normal lending routes and retained 100% ownership of their business? Had they been asking for £250k then I could have understood their approach.
I think that the area they do need to improve on is their customer service. We ordered a custom cover for our caravan at the NEC. We were quoted a delivery time of 'within 7 weeks.' An email from them three weeks later quoted 8 - 9 weeks so I called them about it and as no reassurance was offered I cancelled and took my business to Specialised Covers who honoured the show deal and threw in a set of wheel covers for my TA van. Their delivery time was quoted as within 4 weeks and I have fast tracked it to 2 weeks for £25. (Apparently all fast tracked orders are done on overtime so the machinists have the opportunity to make a few quid extra as all the fast track payment go in overtime pay.) OK there is no easy fit system but we get our cover before Xmas!
Protec made no attempt whatsoever to keep my custom nor explain the increase in delivery time and were happy to let me take my business to their main competitor without a single attempt at customer retention. It wouldn't surprise me if Hilary and Duncan but a firm boot up the customer service department in due course.
We have had an excellent experience with protec. We ordered, they delivered on time, we got a show and cc discount. Unfortunately, oh yanked at the door when repositioning and tore door seam, but when we told protec at nec what we had done, they took our details and sent a repair by return. So impressed and so far repair strip has done the job. The key to sales is after sales and you can't fail them on this - I hope Dragons den will not affect this! We are in to our 3rd year with this cover and have no complaints!
I bought one of their covers 4 years ago and totally satisfied.I was amazed that with a thriving company as theirs they were prepared to sell 26% for so little.
Quote: Originally posted by birdman101 on 15/11/2012
I bought one of their covers 4 years ago and totally satisfied.I was amazed that with a thriving company as theirs they were prepared to sell 26% for so little.
Quote: Originally posted by Alistair on 14/11/2012
The show aired on Sunday. To be honest I could have pitched the product better than the two Directors did. I was also surprised that a company who knock out as many premium caravan covers as they do and with a very impressive turnover sold out 26% of their company to two Dragons for a 'mere' £70k. With a robust business plan surely they could have approached the need for investment along the normal lending routes and retained 100% ownership of their business? Had they been asking for £250k then I could have understood their approach.
I think that the area they do need to improve on is their customer service. We ordered a custom cover for our caravan at the NEC. We were quoted a delivery time of 'within 7 weeks.' An email from them three weeks later quoted 8 - 9 weeks so I called them about it and as no reassurance was offered I cancelled and took my business to Specialised Covers who honoured the show deal and threw in a set of wheel covers for my TA van. Their delivery time was quoted as within 4 weeks and I have fast tracked it to 2 weeks for £25. (Apparently all fast tracked orders are done on overtime so the machinists have the opportunity to make a few quid extra as all the fast track payment go in overtime pay.) OK there is no easy fit system but we get our cover before Xmas!
Protec made no attempt whatsoever to keep my custom nor explain the increase in delivery time and were happy to let me take my business to their main competitor without a single attempt at customer retention. It wouldn't surprise me if Hilary and Duncan but a firm boot up the customer service department in due course.
Hi Alistair, I was hoping to order a specialised cover for our new van I've got on order but looking on their website they are not doing tailored covers now until their new design comes out in Spring, or have I read it wrong?
When I saw them on there I was amazed because I had them down as a well established company and couldn't understand at first why they needed to be on here. I expect it is the media coverage and the dragons name that they wanted more than the money, as said they could have got investment elswhere without giving up any shares.
I don't think the Dragons are taking much of a risk with this one and I have to say I'm a bit dissapointed with this series, money is tight I know but they only really want to invest in 'sure bets'.
They seem to require ...patents....agreed orders....eyc etc, I thought the show was about taking an idea with prospects and helping them build on it.
Quote: Originally posted by Alistair on 14/11/2012
The show aired on Sunday. To be honest I could have pitched the product better than the two Directors did. I was also surprised that a company who knock out as many premium caravan covers as they do and with a very impressive turnover sold out 26% of their company to two Dragons for a 'mere' £70k. With a robust business plan surely they could have approached the need for investment along the normal lending routes and retained 100% ownership of their business? Had they been asking for £250k then I could have understood their approach.
I think that the area they do need to improve on is their customer service. We ordered a custom cover for our caravan at the NEC. We were quoted a delivery time of 'within 7 weeks.' An email from them three weeks later quoted 8 - 9 weeks so I called them about it and as no reassurance was offered I cancelled and took my business to Specialised Covers who honoured the show deal and threw in a set of wheel covers for my TA van. Their delivery time was quoted as within 4 weeks and I have fast tracked it to 2 weeks for £25. (Apparently all fast tracked orders are done on overtime so the machinists have the opportunity to make a few quid extra as all the fast track payment go in overtime pay.) OK there is no easy fit system but we get our cover before Xmas!
Protec made no attempt whatsoever to keep my custom nor explain the increase in delivery time and were happy to let me take my business to their main competitor without a single attempt at customer retention. It wouldn't surprise me if Hilary and Duncan but a firm boot up the customer service department in due course.
Dear Alistair,
Firstly sorry that your lead time was too long for you to wait. We do try to encourage people to order early to avoid dissapointment but inevitably there is always a bottleneck during the winter. The NEC was very, very busy and we also had a couple of staff issues which compounded the situation.
The only way to have retained your business would be to have leap frogged you up the ladder and we don not think that would be fair to the rest of our customers.
With regards to the Dragons as you can see on the show, we were looking for the cooperation of two very well prepared people to take our business to the next level and we are looking forward the challenges ahaead
For what it is worth, if I had 70K burning a hole in my pocket I would have invested it for 10% of the company as I think the product is great.
Unfortunately I was not in the position to wait for the cover so had to look elsewhere, but the very best of luck to you on your venture with the Dragons.
I didn't actually see this particular episode of Dragons Den but it's nice to see the company 'Protec Covers' reply with a constructive reply at least as this has to be quality customer service at the highest level in my view. Anyone else agree?
I saw the show, and like others on here was surprised that they needed the help from the dragons when they have such an excellent product and reputation already.
I did laugh when one of the dragons called it a tarpaulin cover.
Still I am sure they know what they are doing.
As a recent purchaser of one of their covers I can vouch for the superb quality of the material and the workmanship, and the easy fit system is definitely a winning idea which in my opinion gives them the edge over the competition.
Good to see Pro tec monitor site's like this for customer feedback, I wish them well in there future business ventures and hope this is a good move for them, we have too few good british thriving companies at the moment.
I have had a similar experience to the first post in this thread. I have today finally received my Protec towing cover- I was quoted 2 week delivery but it ended up taking 5. There was no pro-active communication from the Company, so this involved chasing up on two occasions with multiple excuses (demand from NEC/ staff illness/ machine breakdown)- each of which are understandable in a small business, but poor customer service in terms of communication are not what I expect from a Company that charges a premium price for its product. To cap it all, Ithe "Tear-Aid" patches that they sent are only sufficient to cover one of the lights. I called to ask them to send a second and they asked me to do a 15 mile round trip to go check I couldn't make it fit both. I do know my van in great deatail having only just spent Saurday meticulously cleaning and polishing it! They then told me they are out of stock of these patches which are the "lenses" mentioned in a previous post and they cannot tell me when they can send the extra set. I guess this means they will also not be able to supply other customers' orders meanwhile. In short, I feel extremely let down and not treated as a valued customer at all.
We purchased one of these at the Manchester caravan show this year, placed the order and within weeks it arrived, spot on.
...but still to master the art of getting it on, early days, working on it with concertina folding method and getting better!
..debating whether to invest in one of those front covers as the salt on the road when we arrived on site at Easter had left the front of the caravan really dirty but i suppose you can go on and on buying things
Well we've been so worried with the service from Protec that we are driving over to the caravan this afternoon specially to check f the towing front cover fits correctly. I am hoping it does as the material does look good quality, which it should do at that price. We also need to measure where the running lights are in relation to the cover: for any post 2011 caravans, they do not make the transparent holes for you: you have to cut them out and use the "Tear Aid" material referred to above to cover the holes and make the lens. As they only sent enough of this for one light, we are still not going to be able to use the cover until they send through another strip.
Pleased to say Protec sent the missing Tear Aid strip and it arrived today- all is forgiven! We fitted the cover on Tuesday night so we could work out where the holes needed to go and it looks good and feels robust. Off there again tomorrow to fit these patches.