Abby’s Guide > Outdoor Power Equipment (Lawn Mowers, Snow Blowers, Chain Saws and more) > Discussions > Why are Honda snowblowers so expensive?
Outdoor Power Equipment (Lawn Mowers, Snow Blowers, Chain Saws and more) Discussions |
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aa335
Joined: Nov 29, 2008
Points: 2434
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Re: Why are Honda snowblowers so expensive?
Reply #14 Dec 25, 2009 5:51 pm |
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Even if the Simplicity was $3400 and the Honda was $1500, the performance comparison would still not be fair. Even if you have or not have the money to spend, seldom you get 2x the performance for 2x the price. The law of diminishing returns applies. Also, the customer base rapidly decrease. It may be foolish to spend $120,000 or more on a Porsche 911 GT2 when a Cadillac CTS-V offers similiar performance and carries 3 more passengers with a useable trunk and costs $40,000 less. For the price of 1 Porsche, you can get 3 Buick Enclave, 40 cupholders, carries 21 people, and pull 3 trailers. If someone gave me 3 Buick Enclave, I'd trade them all in for a Porsche 911. Rational? Not really. Personal? Yes. Emotional? Wholly yeah! Or put that money towards a house, pay off loan sharks, have a blast in Vegas. Choices. There is a premium price for exclusivity. Honda will continue to gouge customers, as long as Joe Irrational, Joe Rich, Joe I Need It, and Joe whatever continues to buy. Apparently, they are doing well enough not to revert to cheapening their product. Its lonely and vulnerable at the top. Simplicity was at the top of their game, but not big enough not be bought out. Can B&S let Simplicity to continue to deliver and target product and services to their customer base with higher expectations and deeper pockets? Or will they keep milking the brand until people realize it is just marginally better than A, C, or T brands, and sold in the same showroom, presented by the same sales person? Then Larry customer is going to decide based on paint colors, steel thickness, use of plastics, and features. How is it that Toro command higher prices and still makes good sales numbers? I don't know for sure, but I like their products.
This message was modified Dec 25, 2009 by aa335
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