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kawashima
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PostPosted: 04:25 - 01 May 2010    Post subject: Should we buy the cheapest one? Reply with quote

I sometimes wonder, if we should buy the cheapest thing or not.
I sometimes think of price with proper profit.
Products should be sold with proper profit.

If we keep purchasing cheapest things(in any genre), which are usually made in china/korea, without proper profit (or without proper employee salary), proper manufacturers in GB / Japan will be tired.

Or should we keep fighting with cheap price manufacturers forever?

If we start buying products with proper price and proper quality, cheap only brands will be eliminated little by little, and we will be happier in the end.

What do you think of this?
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Dazbo666
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PostPosted: 05:30 - 01 May 2010    Post subject: Reply with quote

I think maybe you're being a bit too vague, but it often depends on what you're actually buying.
Personally I don't believe in wasting money on unneccesary expense, but it can also prove to be a false economy to buy the absolute cheapest item (when you can eventually end up buying a replacement because of poor quality).
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kawashima
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PostPosted: 06:02 - 01 May 2010    Post subject: Reply with quote

Dazbo666 wrote:
I think maybe you're being a bit too vague, but it often depends on what you're actually buying.
Personally I don't believe in wasting money on unneccesary expense, but it can also prove to be a false economy to buy the absolute cheapest item (when you can eventually end up buying a replacement because of poor quality).

Thanks for your comment.
For example, I work for a certain electric company which makes semiconductor, and also SD cards too. When I buy SD cards, I always buy one of my company brand which is usually not the cheapest one. Cheap ones are usually non brand ones.
It may be an unnecessary expense, but I want to believe this act will lead to my company sales, and my salary. And it will weaken non brand makers in the long run.
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panrider_uk
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PostPosted: 07:36 - 01 May 2010    Post subject: Reply with quote

Usually the very cheapest is the cheapest for a reason - poor quality.

Often, with the more expensive, you're paying a lot extra for brand image.

Unfortunately our manufacturing base is so weak it not easy to buy British and still have much choice.

Looking around me the only items of any expense that I can see that are British are my speakers (Missions).

Almost everything else is far eastern.

My PC is H-P so notionally American.

Mark
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J0Al1
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PostPosted: 07:53 - 01 May 2010    Post subject: Reply with quote

I bought Ocados cheap sausages and they were great for cheap sausages.... not too fatty beady or salty. I have very expensive taste and tent to like all the highest quality things.... so I was pleased.

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Itchy
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PostPosted: 08:05 - 01 May 2010    Post subject: Re: Should we buy the cheapest one? Reply with quote

kawashima wrote:
I sometimes wonder, if we should buy the cheapest thing or not.

I sometimes think of price with proper profit.
Products should be sold with proper profit.

If we keep purchasing cheapest things(in any genre), which are usually made in china/korea, without proper profit (or without proper employee salary), proper manufacturers in GB / Japan will be tired.

Or should we keep fighting with cheap price manufacturers forever?

If we start buying products with proper price and proper quality, cheap only brands will be eliminated little by little, and we will be happier in the end.

What do you think of this?


Kawashima, Japan only has the Koreans to fear, as Koreans ARE in effect Japanese businesses. Many of then big businesses are run by former students of Shingō Shigeo, Karōshi is normal and accepted, suicide is 3 times higher than Japan in Korea and their products ARE good quality. They in effect copied the Japanese model but faster, in the 1970s Honda was rubbish, but improved over time, in the 1990s Hyundais were rubbish they are now excellent, those Hyosung aren't bad looking better than Japanese quality tbh


There is little to fear currently from China as they are not copying the Japanese model, i.e. improvements over time, they just hammer things out cheaply and over the past 15 years there has been little improvement.


My father is a communist who visits Mao every few months (the corpse) and yet he has been so disillusioned by everything made in China, he doesn't buy anything made in China prefering made in Korea or Japan. China buys made in Korea btw because imperial Japan is still within living memory. If they start to copy Japanese manufacturing Japan is screwed.


Japan has the problem of two things, White American CEOs who chase profit who replace the old school Japanese CEOs are dying in 1999 Morita Akio died and the quality of Sony products fell through the floor. I remember in the 1990s EVERYTHING made by Sony was good quality and proudly stated MADE IN JAPAN. Post 1999 Sony became an evil 財閥 . The kind you read about in Manga.

They started playing about with DRM, proprietory formats and curiously post 1999 MADE IN JAPAN labels on their products vanished all for the sake of profits.

The second thing is countries like Japan are phenominally expensive places to live, no seriously phenominal, the UK is the same the cost of living is phenominal. Paying 2600 Yen (£14) for a bowl of noodles in Japan wasn't funny, nor was 10,000 Yen (£56) to stay in a Ryoken.

When just across the water I could get a bowl of noodles for 3200 Krw (£1.50) and expensive hotels were 50,000 won (£22).



Industrialised nations like Japan can use Robots to counter low labour costs, while low labour nations suppress labour costs by supressing their currencies, if energy remains cheap the robots win out.

Problem is it is Siggi's problem he outlined in that in an industrialised society 10% can provide for 100% what to do about the other 90% of people? And thus capitalism (not free markets the two are often confuseD) is actually self defeating as moving factories out of Japan to China means less jobs so nobody in Japan buys the goods etc.

EDIT

Japan has a 3d problem, in that Japanese culture has a culture of saving, therefore when a Japanese housewife sees something for 150yen and 100 yen made in China guess which one she'll buy, same thing in the UK. I saw a ton of those 100yen stores in 2009 all over the place. I mean back in the 1990s Japanese people wouldn't even buy rice grown overseas, but it became so cheap people started to buy it.
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mistergixer
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PostPosted: 09:18 - 01 May 2010    Post subject: Reply with quote

A lot of Japanese companies are simply rebranding cheap and inferior products which are made in Taiwan or China.
So, the consumer assumes that by paying the premium for a 'known' brand that they are receiving a better quality product - this clearly, is not the case when the product is merely an OEM'd cheapy.
For example, i spent many years working for a division of Toshiba. Many of the products in the lower end of their range were designed and manufactured by a Taiwanese company. Both companies were selling the same product on the market, the Toshiba unit carried a premium of around £200 extra over the Taiwanese unit - the Taiwanese unit retailed for around £150 - £200, the Toshiba unit for £350 to £400. Aside from a slightly different housing, the electronic and mechanical parts were all exactly the same, the functionality the same etc etc.
Personally, i felt that this really 'hurt' the Toshiba brand, as the customer paid a premium for sub-standard equipment - equipment which was blighted by all the usual quality problems associated with inferior equipment.

So, be aware that just because you are buying a 'branded' product, it does not necessarily mean that the product has been designed and manufactured by the company whose name is on the badge.
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Hetzer
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PostPosted: 09:34 - 01 May 2010    Post subject: Reply with quote

mistergixer wrote:
A lot of Japanese companies are simply rebranding cheap and inferior products which are made in Taiwan or China.
So, the consumer assumes that by paying the premium for a 'known' brand that they are receiving a better quality product - this clearly, is not the case when the product is merely an OEM'd cheapy.
For example, i spent many years working for a division of Toshiba. Many of the products in the lower end of their range were designed and manufactured by a Taiwanese company. Both companies were selling the same product on the market, the Toshiba unit carried a premium of around £200 extra over the Taiwanese unit - the Taiwanese unit retailed for around £150 - £200, the Toshiba unit for £350 to £400. Aside from a slightly different housing, the electronic and mechanical parts were all exactly the same, the functionality the same etc etc.
Personally, i felt that this really 'hurt' the Toshiba brand, as the customer paid a premium for sub-standard equipment - equipment which was blighted by all the usual quality problems associated with inferior equipment.

So, be aware that just because you are buying a 'branded' product, it does not necessarily mean that the product has been designed and manufactured by the company whose name is on the badge.


All Nikko-Stirling scopes used to be made in Japan and were superb quality. Then they started having them made in china and the quality went to hell, but they were still branded as Japanese. Now only the top silly-money range are still made in Japan. I no longer purchase Nikko scopes, I sold the last one and replaced it with a Hawke (made in china but under the direct supervision of westerners who own the factory), which is superb quality.

Too many corporations are involved in this kind of deliberate fraud, you pay a premium price for a branded product, only to discover it was made and/or 'assembled' in china. The chinese couldn't make a quality item under their own auspices if their lives depended on it.
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Itchy
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PostPosted: 09:52 - 01 May 2010    Post subject: Reply with quote

Hetzer wrote:
The chinese couldn't make a quality item under their own auspices if their lives depended on it.



I'd not go so far as to say that, simply that the conditions of quality simply do not exist in their current economic climate.

Pay a Japanese bloke ££££ a good salary and he is probably happy and motivated though he may die from overworking him too much.

Pay a Chinese worker / slave (and some really are slaves) a half bowl of noodles and you will notice that motivation is rather lacking.

The Chinese workers are also subject to truck systems made illegal in most countries, you know where you are paid with company voouchers that can only be spent in the company shop and company accomodation. Or that they are paid once a year and the bosses run away after 11 months. I suspect that the rentless exploitation will result in civil war and fragmentation in the next 10 years.

Problem is the migrant workers bring this attitude with them and you see recent immigrant chinese food shops close within months of opening. While those that learnt the lessons of quality and consistency remain in biz for decades.
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kawashima
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PostPosted: 12:19 - 01 May 2010    Post subject: Reply with quote

Thanks for your comments!

One of the most famous British manufacturer for me is Triumph.
Whether their bikes are made in Thailand, it's still a British Brand.
I don't stick to where it's assembled.

I really hope that things like Jaguar or Rolls-Royce will not happen
to Triumph in the future.

I hope many of you buy Triumph bikes because it's British brand.

Regarding OEM, it's a sad thing for whom bought a OEM product without
knowing that. He'll be disappointed.
I don't like OEM products either.

As Itchy said, it's impossible to fight with China only with price.
Only competitive Brand will be survive...
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Clanger
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PostPosted: 18:38 - 02 May 2010    Post subject: Reply with quote

In some cases, yes. And in others, no. e.g. Cheap tea bags are minging. Asda cheap no frills baked beans, however, are very nice. Cool
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Kickstart
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PostPosted: 19:17 - 02 May 2010    Post subject: Reply with quote

Hi

I would pay more for something of a higher quality for many things. But wouldn't appreciate paying more for the same or worse quality just for a badge (eg, Merc thought that people would only pay 10% more for their cars than others, so heavily cut their costs and the resulting quality).

Some things I just don't even bother with looking at the cheaper alternatives. Too many occasions where the cheaper alternative has been nasty. Corn Flakes for example.

All the best

Keith
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Tonka
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PostPosted: 19:45 - 02 May 2010    Post subject: Reply with quote

I find that it depends on what I'm buying. If it's something that is important and supposed to last, then I tend to buy better quality - known makes/brands that consequently tend to be more expensive, but they often come with guarantees and potential to repair.

If it is a cheaper and more disposable item I will try the cheap alternatives and if I'm happy then I'll continue, if they are disappointing I'll keep buying different ones until I find something I'm happy with. I normally revert to the branded items eventually!

I have an inherent hatred of cheap stuff that is 'tat' - functions once and breaks or fails to serve it's purpose. It's wasteful, however cheap and that is not good for my wallet or my environment. Evil or Very Mad
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