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by Nifty3929
869 days ago
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People SAY that want well made, simple things. But people will generally not PAY FOR simple, well made things when much cheaper options are available. You and I might, and many others as well. But the vast majority of folks will not pay more for a higher quality, longer lasting item. Another example is Speed Queen for washers and dryers. They are substantially more expensive and look very plain and even old fashioned. But they are built to last a long time and be repairable. They have a large part of the laundromat market because the laundromat owners do value these qualities. But they have very little of the consumer market, because consumers don't. Consumers also tend to favor nice-sounding features that are in fact unreliable and frustrating, such as ice makers in the refrigerator compartment. |
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One problem I see is that the higher priced items are not necessarily higher quality these days. A lot of brands are coasting on their reputation while selling cheaply made items at premium price.