SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Currencies and the Global Capital Markets
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Henry Volquardsen who wrote (295)6/26/1998 2:30:00 PM
From: Jerry in Omaha  Read Replies (2) of 3536
 
Henry,

<<They are much lower on the technological food chain. Their products
are more basic and demand is constant and less price elastic.>>

FWIW recently on impulse I purchased a four foot level manufactured in
China, a basic tool, for $6.97 in Omaha, Nebraska! The level is
narrow gauge extruded aluminum but full sized and amazingly true with
accurate level indicators for horizontal, 90 degrees and 45 degrees.
In addition it has an inscribed rule in both inches and millimeters.In
short a serviceable tool for a homeowner. It's no Stanley, but it's
five times cheaper and does exactly the same chores!

When I try to consider that the $6.97 price of this serviceable tool
included manufacturing costs, freight from China and profit for who
knows how many middle men my head spins. Does economy of scale
somehow incorporate sheer mass of humanity? Or is something simpler
like product "dumping" going on?

Another question; how poised is China to market to the developing world
with ultra-cheap products we could never compete with? Somehow I feel
that getting and keeping customers will become increasingly important
as the elements of global enterprise consolidate in the next twenty
years.

Jerard P
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News