plywood said:
For those who buy Festool as an investment, would you ask Festool to raise all their prices even higher to make your tools that much more valuable? If they doubled the prices of their tools would you be even more productive? The quality of their tools is what allows us to be productive, not the initial price tag. I can't imagine ever selling tools I use so I really don't care what the secondary market would bring. If prices were lower and the quality was the same I could afford more tools which could help me be even more productive. I love Festool quality but even accessories are very pricey. The purchase price is more than the tool it usually also includes several accessories to get the most out of the tool you just purchased. I would love to see stores be able to compete for business and keep prices lower.
Well the thread is named keeping prices stable, so I do not think any one meant or implied that the prices should be raised. Read the threads carefully. I think I glean the idea, especially the professionals, do not want the tools prices reduced to a point where any old homeowner can get their hands on tools that can actually create competition for them ie., by helping someone with no talent get the work done as well as the existing professionals.
No one has come right out and said it, per is the closest to being totally honest - high prices- "it keeps the riff-raff out". Who is the riff raff ? People who may not be able to pay for the tools initially, but maybe if they can get their hands on them may give other businesses a run for their money? I also agree that guys doing this for a living buying low quality tools and then going out of business, certainly should stop going to the bar and spend that money on tools. That would have been the INVESTMENT I think we are all talking about.
Per I am not coming down on you, but honestly isn't this what everyone here is really talking about - keeping the riff raff out.
My business DIRECTLY competes with guys that buy shop bots or lasers and under cut me by double or triple! They are button punching, no talent companies, that rely on quantity not quality. If my items are ever sold at a big box store for pennies on the dollar, I would not be happy. I already see that on eBay. Anyone can sit there and punch a button and let the laser or CNC do the work. And the lower prices are making this all possible.
I have resisted buying these machines even though they are well within my grasp now, because I enjoy making what I make and have found a niche of clients that appreciate hand made pieces. Also, I have yet to see a CNC or laser made piece that exudes the same feeling as someone making it by hand. By hand to include small power tools, but not laser or CNC. Don't get me wrong lasers and CNC have their place. But that is another thread topic itself.
I am throwing this out their for discussion, not that I agree or disagree with you Per. I am just playing Devil's advocate here. So please don't take this the wrong way, I love reading your posts.
Because I agree with this post my answer being NO - "would you ask Festool to raise all their prices even higher to make your tools that much more valuable? If they doubled the prices of their tools would you be even more productive"
And since I do not think investment in the terms of this discussion means buy and then sell for a direct monetary profit:
What is the "real" reason we want the Festools to stay expensive in other words "Keep Festool Prices stable" as the threads topic indicates.
What are your reasons, really?
1) To be in an exclusive club
2) To keep out the riff raff
3) To stimulate competition
4) To stifle the competition
5) To make sure we pay a fair price not worrying about the next guy paying less
6) To make it fair for everyone
7) To give people with more initial outlay an advantage
Anymore ideas please add them.
Just food for thought.
Nickao
ADD* It sure seems most people NOT in the USA would sure like to see a price drop and NOT keep the the prices stable, at least not stable at the current prices abroad.