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Thread: Recieved my updated PP205

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    I agree with you Mark that the units are underpriced. But at the same time if you were to jack prices up ppl would look for alternatives. You can see this alot where forum members will get together and make a huge buy on machines to make it cheap for everyone. There's numerous other companies in China that sell products like yours that are just a few hundred and are extremely low priced. However to get that low price you have to order a shipping container full. Plus then if something does go wrong or parts are needed, it turns into a huge PITA. That's when it's worth it to pay a company like everlast to step in as the middle man. Obviously too, ya'll are talking to the main company and implementing changes to help the product. In reality, it seems like you guys are really a threat to Miller and Lincoln. Majority of the people that rag on yall have never even seen or touched your product.

    For me it's worth the wait and some troubles for the product I have. It's extremely smart on everlast's part to use commonly available parts as well so a customer can run down to the LWS to get consumables without having to go straight through everlast. Keep up the good work and treating customers right and ya'll really will be a contender for those other companies out there
    http://www.ideadevgroup.com/

  2. #2

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    A little homespun story maybe, but when I was in college, my Ag Economics teacher gave a great example of supply/demand/pricing.

    He said he got his first lesson in economics selling watermelons in Cordele (Crisp County) GA, the center of the watermelon industry in GA and the source of most of your 4th of July melons. He was selling for his Uncle when he was about 15. His Uncle set him on the side of the road with a pickup truck full of melons and left him to sell them( somewhere near the gates of the farmer's market, if I remember right.) His Uncle was just about to leave him with the melons when my, then young, teacher thought, hey...wait a minute... He yelled to his Uncle as he was just about to leave...." HEY ....UNC....WHAT DO YOU WANT ME TO SELL THEM FOR?" His uncle said: "Sell them for what you want..." The teacher thought about it for a second and realized he had no idea what to price it at. He yelled back to his Uncle "I DON'T WANT TO SELL THEM TOO CHEAP AND GET YOU MAD AND I DON'T WANT TO SELL THEM TOO HIGH". The uncle replied, still rather vaguely but made his point with this: " I'll tell you.....IF YOU COME HOME WITH A HALF A TRUCK LOAD OF MELONS....YOU SOLD THEM TOO HIGH....BUT IF YOU SELL OUT BEFORE YOU COME HOME....YOU SOLD THEM TOO CHEAP.....BUT IF YOU BRING HOME ONE OR TWO SO WE CAN EAT AFTER SUPPER, THEN YOU DID GOOD."

    I'll never forget that story and it is a practical gauge for understanding basic supply and demand issues and how it relates to price. Which reminds me, I've got some melons to pick out in my garden now.

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