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  #46  
Old 02-21-2021, 12:40 PM
Leadshaft
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I'm sure the resale value is now higher.



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My father was a manufacturer and so was I. This is a simple situation. The manufacturer sets the price, the buyer can buy or not. The people that whine only see the consumer side of the equation. Virtually EVERTHING will go up in price over time. The people that bought before the price increase can be happy. The people that buy now can be happy they bought before the next price increase.
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  #47  
Old 02-21-2021, 01:18 PM
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Quote:
Originally Posted by Leadshaft View Post
My father was a manufacturer and so was I. This is a simple situation. The manufacturer sets the price, the buyer can buy or not. The people that whine only see the consumer side of the equation. Virtually EVERTHING will go up in price over time. The people that bought before the price increase can be happy. The people that buy now can be happy they bought before the next price increase.
That's true as far as it goes. However, said manufacturer can price himself right out of the market depending on the quality of his products, and the demand for them, and the competition. Those factors constitute the company's "moat" vs competition. If the moat is wide, the company has pricing power. If narrow or non-existent, little or no pricing power without losing sales and market share, or in the extreme, going out of business. In the case of KIDD, there is certainly competition, but there is a wide moat. They may lose a few customers with the price increases, but I suspect the impact will be minimal and of short duration.

Doug
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  #48  
Old 02-21-2021, 02:22 PM
Leadshaft
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Doug, Of course everything you added is true.

I just want to add that the manufacturer has complete control over the price they ask. It is there right. They started the company, they work the long hours and they have to make the hard decisions. Not easy. The reward for a good job is growth of the company. The penalty for going too high or too low is the closing of the company. Then nobody can buy the product at any price.
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  #49  
Old Yesterday, 09:24 PM
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May I share a perspective or two?

The man's name is a multi-faceted precious stone.

His name... is a brand.
His name... is a Hall of Fame respect and honor within the Army Marksmanship Unit.
His name... stands by itself.
He demands his own standards of a quality part.

Am not a blindless fanboy... yet do understand his perspective.



Here's another perspective... my own.
Did a spell cooking competitive BBQ over 10 years... with a 3/4 ton truck, a 20 foot trailer, and a cooker weighing a ton empty. Earned and learned a bunch on character by the quality of slow-roasted food.

What is a man's worth - investing over 20 hours driving, setting up, cooking for 16 hours, using the best ingredients available... and sell his craft for less than his worth? Should a man use a lower quality set of ingredients just to get the lower bid for a catering gig? Compromising his own standards?

Rather than settling... spent a few weekends being a part of a multiple vehicle traveling BBQ team... cooking for the troops.

Norfolk, Fort Bragg, Arlington.

Not for money... But to thank them.





Why should he settle for less?
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