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Sunday 31 March 2013

Getting what you pay for.

Today I wanted to talk about paying that bit extra may or may not save you money in the long run.

Over the years there have only been a few companies who have put a higher price on there products and they have still been keeping there sales high, Marshaltown, Dulux, Snickers, Hamilton, etc....

So how have they kept there sales high with such high prices?

With our current financial climate everyone is looking for something that costs alot less and more or less does the same job, it's unfortunate that this isn't always the case and can sometimes end up costing you more money.

Cons:-

Lower quality product.
Could effect your work quality.
Time spent replacing tools.
Effects any personal warranty you have given.

Pros:-

Cheap.

Now don't get me wrong just because there is a cheaper alternative doesn't mean there always going to run the "cons" list, I've come across many many companies who offer a cheaper alternative and have still done the job, sometimes even better than the over priced companies but what you need to identify when weighing up your decision on when to buy a high priced and low priced product is, are you paying more for the brand "name" or are you just buying a better product overall? 

I'll leave you with a perfect example:-

Two companies who i can't name, both are national landscape suppliers and one is owned by the other, the lesser known company is alot cheaper but the two companies catalogues are about 95% the same, all the products they both manufacture are made on the same site, the worst case is a anti slip paving slab:-

Well known company:- £4.00 + vat

Lesser known company:- £2.90 + vat

Beware of your purchase the name is just as expensive as the product.


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