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by culturestate
5331 days ago
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There is a happy medium with mass production - the main issue is that many people (in my observation) no longer value quality equally to price, e.g. the cheapest pot from WalMart will do, and when it chips or warps next year we'll just spend $15 on another one instead of buying a single $50 version that will last. One of the greatest lessons that I've ever learned in business is that you shouldn't spend extravagantly, but you shouldn't be afraid to spend a little more for quality where it matters. |
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It's more likely that they don't see any reason to spend more than $15. Someone knows they can get a pot that looks OK for $15, whereas the $50 doesn't have any immediately obvious benefit.
I love tools, but I'm far from a tool snob. I have lots of cheap tools because I'm never going to wear out, e.g., a screwdriver. It's worth more to me to have five $3 screwdrivers than a single $15 one. But I just spent $200 on a wire crimping tool because I know that the $15 ones won't do the job right. But if they did, then there is no way I'd buy the more expensive one. Most people are just like that: they won't spend more than they have to unless there is a clear benefit.