Festool Measuring tape!

Sounds like real money makers to me.

Like some of the frills and extra's I can talk people into during a project.

Change order, cha-ching!!

Not everyone is going to buy everything.
 
Inner10 said:
Steve that is the most inaccurate explanation of the free market economy I have ever heard.  No company "sets" a price....that would be illegal.  Competition causes prices to be driven to a market equilibrium.  You are however absolutely correct in saying if you don't like the price don't buy it.
Click to expand...

By setting a price I meant establish, which is far from illegal.
 
I really don't think any company "owes" us an answer as to what their pricing policies are, they set the price we decide whether or not to buy the product.  It's a simple formula, if you don't like the price don't purchase.
Click to expand...

I couldn't agree more.  As outlined in another thread, Festool's pricing strategy is not our business and they have no obligation or reason to explain their decisions to us.  Buy or don't buy is our decision.

Inner10 said:
Steve that is the most inaccurate explanation of the free market economy I have ever heard.  No company "sets" a price....that would be illegal.  Competition causes prices to be driven to a market equilibrium.
Click to expand...

Actually, that is a perfectly accurate description.  You are just interpreting "set" to mean a monopolistic approach to designating a price for a given item rather than the competitive process at a company level.

Festool sets their price for their branded item.  BMI sets their price for theirs.  Stanley sets their price... and so on.  Consumers choose which to buy based on price and the substitutability of another same/similar item.  If one maker wanted to be more competitive and/or to sell more, they would have to "set" their price lower.  Competition spurs the process of price changes in order for a maker to sell more items.  

So, some users will buy the BMI branded tape because it is very substitutable for the Festool tape.  Some will pay the premium for the Festool branded tape because of personal reasons (e.g. aesthetics).  If Festool wanted to sell more, and woo buyers from the BMI brand tape they could lower their price.  But, perhaps selling 40% fewer, but at 45% higher is the equilibrium they want to be at.  *shrug*

As a point of fact, Festool has established monopolistic (regional) pricing, by requiring dealers to all charge the same amount for a given tool with their brand name on it.  But it is perfectly legal because it is within their own product brand as opposed to a monopolistic price for, say, jigsaws (as a product).
 
i find fisco tapes to be the best i have used
Click to expand...

Lee:

FISCO is just really getting started on this side of the Pond. I can sell them but haven't really tried yet. If anyone is interested in them, please let me know. They are good tapes that are made by a quality outfit in the UK. They sell more that just tapes also.

I personally think the Stabila Type BMT tapes are as good as I've seen. I just tried the extension trick (that was talked about earlier in this thread) with a 30-footer that I just happened to have on my desk... I got it out 10' and hit the wall across from me so that was the extent of my test.

Tom
 
I have been happy with the Komelon tape measures.

They are inexpensive, have a scale on the bottom of the tape and match my festool's.
 
as a price comparison.

i realise festool charge US$25 for their tape.
how much is a yellow stanley fatmax?
here in australia we pay AU$35 for the fatmax.

can someone from the u.s.a. please tell me how much the yellow fatmax is so i can compare apples to oranges?

regards, justin.
 
Do we always have to talk about the pricing?.... I know it's a huge issue, but does every topic have to end up in these conversations?

nough said.  [mad]
 
By setting a price I meant establish, which is far from illegal.
Click to expand...

My mistake I misinterpreted your wording, my apologies.

As a point of fact, Festool has established monopolistic (regional) pricing, by requiring dealers to all charge the same amount for a given tool with their brand name on it.  But it is perfectly legal because it is within their own product brand as opposed to a monopolistic price for, say, jigsaws (as a product).
Click to expand...

Wood_junkie, I agree with some of the points earlier in your post but this above section does not apply to my country.  I do not know where you are originally from and what there federal laws are.  In Canada (where I was born) this is called price fixing and is a violation of C-34 the competition act.  I am no expert in US law but I'm sure it violates the Sherman Anti Trust Act.

The loop-holes that many companies take is to SUGGEST a price and if the retailer discounts that price the supplier stops distributing through that company.  The result is nearly the same but with a quasi-legal outcome. 

I do not feel the need to beat this dead horse anymore and if you would like to discuss price fixing and the legalities involved I'm more then happy to through private messages.  I am rather passionate about economics law and how distribution works.

Now to get back to the subject of measuring tapes before the thread gets completely de-railed.
 
Inner10 said:
As a point of fact, Festool has established monopolistic (regional) pricing, by requiring dealers to all charge the same amount for a given tool with their brand name on it.  But it is perfectly legal because it is within their own product brand as opposed to a monopolistic price for, say, jigsaws (as a product).
Click to expand...

Wood_junkie, I agree with some of the points earlier in your post but this above section does not apply to my country.  I do not know where you are originally from and what there federal laws are.  In Canada (where I was born) this is called price fixing and is a violation of C-34 the competition act.  I am no expert in US law but I'm sure it violates the Sherman Anti Trust Act.
Click to expand...

I looked into this how this worked internationally some time ago. Weird thing is, this 'vertical price fixing' as it is called is not illegal in America, as opposed to countries like Canada and the European union.
 
I have looked at the Festool tapes a few times at my dealer, and it does have a couple of neat features.  I have an old Stanley that also has the window on top, and never found it that useful.  The flip-out compass point could come in handy. 

I started using the Tajima tapes the last couple of years, and they are excellent. 

I also have had pretty good luck with the FastCap tapes.  There are several models to choose from.  The built in pencil sharpener has come in handy several times, and the Flatback tapes are great.  Not as durable as the Tajima, but they hold up as well as most you buy at a big box store. 
 
One way to eliminate the tapes you carry is to carry a Stabila Laser Measure.

'Just a thought - they come with carrying pouches, like mobile phones.

Tom
Click to expand...

Laser measures are awesome, but can't replace a tape in all cases. 

I use a Leica, but the Hilti and Stabila models are both highly rated. 
 
It depends on the tool...

You can measure with certain Laser Measures dependent on what you sight with the laser. Others work dependent on what you pass the laser across and can tell you the farthest and shortest point that the laser passes.

In the case (yes, I use that euphemistically) of a window (or a door or any opening), it can tell you quickly if you're square.

Think about the jamber set and farthest points?

Tom
 
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