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How Many Brands of low priced bins do we Really Need? And Who are They Really?
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<blockquote data-quote="spitfiretriple" data-source="post: 1775779" data-attributes="member: 78740"><p>I've added a dozen or so, in bold.</p><p></p><p></p><p>1. Probably</p><p>2. Yes</p><p>3. Probably. Though higher-quality bins will also get made</p><p>4. No</p><p></p><p>A free-market system will always result in duplication and the waste that goes with duplication. But despite this waste, free-market systems always result in better products at better prices than do planned economies. It is only since China abandoned communism (economic communism, anyway) that it started to be able to make money making things that the world wants to buy.</p><p></p><p>Maybe, and I've never really thought about this before so bear with me, there is genuine benefit to be obtained by separating the brand and the marketing from the product and the manufacturing. Let the manufacturers compete to make the best product, and let the marketeers compete to select the best of those products, negotiate the best price, and distribute at the lowest cost. After all, a marketeer is probably better at selecting the best product for the price than is the average consumer; he (the marketeer) has more at stake, and economies of scale will let him devote the necessary time and effort to comparative testing. Of course, some of that testing and evaluating function is performed right here on the net in forums like this. But I doubt whether one buyer in a hundred of cheap binoculars ever bothers to consult birdforum, betterviewdesired, cloudynights etc before dropping £20 on an impulse binocular purchase.</p></blockquote><p></p>
[QUOTE="spitfiretriple, post: 1775779, member: 78740"] I've added a dozen or so, in bold. 1. Probably 2. Yes 3. Probably. Though higher-quality bins will also get made 4. No A free-market system will always result in duplication and the waste that goes with duplication. But despite this waste, free-market systems always result in better products at better prices than do planned economies. It is only since China abandoned communism (economic communism, anyway) that it started to be able to make money making things that the world wants to buy. Maybe, and I've never really thought about this before so bear with me, there is genuine benefit to be obtained by separating the brand and the marketing from the product and the manufacturing. Let the manufacturers compete to make the best product, and let the marketeers compete to select the best of those products, negotiate the best price, and distribute at the lowest cost. After all, a marketeer is probably better at selecting the best product for the price than is the average consumer; he (the marketeer) has more at stake, and economies of scale will let him devote the necessary time and effort to comparative testing. Of course, some of that testing and evaluating function is performed right here on the net in forums like this. But I doubt whether one buyer in a hundred of cheap binoculars ever bothers to consult birdforum, betterviewdesired, cloudynights etc before dropping £20 on an impulse binocular purchase. [/QUOTE]
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How Many Brands of low priced bins do we Really Need? And Who are They Really?
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