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Forum topic by Howie | posted 02-14-2012 11:49 AM | 1397 views | 0 times favorited | 12 replies | ![]() |
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02-14-2012 11:49 AM |
Just saw where Festools’ “annual” price increase goes into effect March 1. Where will it stop? As far as I’m concerned they are already overpriced. -- Life is good. |
12 replies so far
#1 posted 02-14-2012 01:35 PM |
It’s the EU mind set, I think. |
#2 posted 02-14-2012 05:11 PM |
The term here is resale price maintenance, which is part of a strategy to prevent brand devaluation (not to be confused with price fixing). Often viewed as anti free market it is a necessary evil. I hate to make broad generalizations, but here it is. American manufacturers and retailers tend to compete on price, which for many sectors is a lost battle in a today’s open world with emerging economies. Germans tend to compete on quality. That’s why Craftsman turned into crapsman and Festool remains Festool. |
#3 posted 02-14-2012 05:55 PM |
IMHO, they can take it and SHOVE it! They are obviously living in a different world… -- Have Fun! Joe Lyddon - Alta Loma, CA USA - Home: http://www.WoodworkStuff.net ... My Small Gallery: https://www.ncwoodworker.net/forums/index.php?media/albums/users/joe-lyddon.1389/ |
#4 posted 02-14-2012 05:59 PM |
I can’t even begin to understand any company’s marketing and pricing strategies. But I do understand the intersection of quality, price and utility. At least as it applies to me. -- Gene 'The true soldier fights not because he hates what is in front of him, but because he loves what is behind him.' G. K. Chesterton |
#5 posted 02-14-2012 06:33 PM |
I’m not convinced that there would not be support for quality, American made products with prices higher than the B&Ds and the HFs of the world, but not in the stratisphere like the FTs out there. A good start might be labeling laws which require “country of origin” prominetly displayed on all manufactured products. In general I think most people want quality products. Then also they want to feel like they did not get ripped off. You provide a good product and at a reasonable price, folks will buy it; no matter where it comes from. As long as some slick willy can come along and get the cheapest crap from China they can find and stick an American brand name on it and then obscure the country of origin in microscopic print they have an unfair advantage. They sell bunches of cheap crap that way. That’s how Walmarts of the world got to be so big. |
#6 posted 02-14-2012 08:45 PM |
I don’t feel price is a good point to evaulate quality.(I can think of a lot of items that would apply to good or bad.) -- Life is good. |
#7 posted 02-14-2012 08:47 PM |
I have no problem with Festool costing more – as inventors and innovators, their R&D costs are bound to be high, their relatively low volume of production and high quality means each unit costs more. It surprises me that Festool are going ahead with another annual price increase, when demand for furniture making and carpentry services is in a real slump (well they are here, anyway). It just seems arrogant to me. I don’t own any Festool products myself, I am too much of a tightwad to pay one and half times what a Dewalt costs for something that a Dewalt will do perfectly well. |
#8 posted 02-14-2012 09:41 PM |
I agree. Festool, and many others included. -- Roger from KY. Work/Play/Travel Safe. Keep your dust collector fed. [email protected] |
#9 posted 02-14-2012 09:54 PM |
Hey! Ya takes what the market will bare (was that the correct word?). They seem to have a following much like some turning stuff and planes. |
#10 posted 02-15-2012 12:05 AM |
I’m not trying to sound like someone who only cares about themself, but Festool raising their price doesn’t affect me one bit. -- In this world there's two kinds of people my friend. Those with loaded guns and those who dig. You dig. |
#11 posted 02-15-2012 01:15 AM |
Doesn’t bother me either… I couldn’t afford them before… & never will… LOL -- Have Fun! Joe Lyddon - Alta Loma, CA USA - Home: http://www.WoodworkStuff.net ... My Small Gallery: https://www.ncwoodworker.net/forums/index.php?media/albums/users/joe-lyddon.1389/ |
#12 posted 02-18-2012 03:25 AM |
eh. could be the devaluation of the US dollar, of course the euro is in the crapper too, and increase in manufacture and logistic costs. I own a domino, which is a unique product. Is it worth the price to me? Yes. It saves me space, does what it’s supposed to and does it very well. It saves me time and money by not having to buy lots of other equipment that I don’t have the room for. It just fits my needs. As to quality, it’s top notch and very accurate out of the box. But, then again, there may be value in some of their tools and none in others. Like others have said, I don’t see how a 400 dollar drill can drill a hole any better than dewalt. But then again, the TS55 tracksaw is a pretty neat concept and with their other tools being able to accept their track system, while cool, not sure if a 700 dollar festool router is any better than the PC7518…. |
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