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New JAG Pod (229 posts / 15,320 views)
BlankasorusRex BlankasorusRex
Posts: 5,282
Post #211 11 Dec 2021 12:45
0
In reply to Post #210
Ok. So I should have said. The economies of scaling up. I'm pretty sure everyone got the point.

If you are fred in a shed. You need to support one wage. If you employ ten people then you need to support ten wages. So you can't sell the stuff at the same price can you? If you sell direct you can't sell at the same price if you decide to go through retailers can you?

If I PM you my address, can you post me your copies of The Economist each week once you've read them?

VLT VLT
Posts: 8,995
Post #212 11 Dec 2021 12:51
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In reply to Post #211


Jag are in a fairly unique position of being a sideline of a separate business, they could sell for a LOT less, but you sell for what the market is prepared to pay.
bluebeat13
Posts: 2,168
Post #213 11 Dec 2021 13:32
0
In reply to Post #211
Increased work force means increased efficiency as each employee can specialise in a specific area of manufacture. The guy on the lathe does not have to answer the phone, take the orders, make the tea etc etc etc.

As you increase the size of the workforce you increase the capacity to produce, less down time for each machine etc. Obviously your overall costs increase with wages etc, but you produce more at a lower cost per item.

If it only cost you money to have more staff and more machinery with no benefit then every business would be a single person.

This isn't even considering the cost savings of buying materials in larger quantities.

If you're going to base your point on the differences of economies of small and large businesses at least have a basic grasp of the fundamentals. You don't need a magazine for that.
BlankasorusRex BlankasorusRex
Posts: 5,282
Post #214 11 Dec 2021 13:52
0
In reply to Post #213
Where in economies of scale does it say that you have to sell your final product for the same price or that you have to make the same profit margin.?

If you scale a business then your material costs may well decrease, but your over heads clearly increase. You might be producing more goods, but your cost to produce them has increased. Good luck absorbing those costs by continuing to sell the final product at the same price as when you were knocking them out on your own from a shed.

Quite clearly the retail price will need to increase, but it can't increase to account for all of those additional costs can it, cos you'd be prohibitively expensive. So it increases by a smaller amount, you make a lower margin on each item and look to maintain your profits by selling more items. But there's a limit to how much you can cut that margin and it actually be worth staying in business isn't there. And there's a limit to how many items you can actually sell. The market for uk made fishing tackle isn't huge. It's not like they are gonna sell a million pods is it.

So explain to me how Jag or Solar can sell their products for the same price as Defiant. Which is the whole point of this debate. Then phone up Jim and Locky and explain it to them, as clearly they've both got it completely wrong all these years. The whole time they could have sold all their gear for 50% less than they have been and all they needed was you to show them the error of their ways.

Then you add in the bit for the retailer.

braders1978 braders1978
Posts: 18,195
Post #215 11 Dec 2021 15:10
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In reply to Post #214
The mark up is crazy on most items to do with fishing not just JAG.When the shows are running and the manufacturers do deals are they still making a profit,of course they are so why not do them a little bit cheaper in the first place.The buying power the engineering firm that run JAG must buy materials by the tonnes so get better rates than most other tackle companies
BlankasorusRex BlankasorusRex
Posts: 5,282
Post #216 11 Dec 2021 16:29
0
In reply to Post #215
It's got nothing to do with that at shows. If a manufacturer sells direct on their own stand, obviously they can offer you a decent discount. There's no retailer mark up, only the cost of attending the show to cover. I got my Solar Sleep System for less that the shop price of just the bed at one of the shows. A proper bargain.
bluebeat13
Posts: 2,168
Post #217 11 Dec 2021 16:35
0
In reply to Post #214
“Where in economies of scale does it say that you have to sell your final product for the same price or that you have to make the same profit margin.?”

Where did I say it did? Economies of scale allows a larger scale operation (such as Jag) to produce their products at a lower cost. The opposite of the point you seem to be trying to make. How they choose to price is up to them.

But never mind, economics is not that interesting.
Bivvybug Bivvybug
Posts: 2,458
Post #218 11 Dec 2021 17:30
1
In reply to Post #215
The best way to bring the price down is not to buy and when they have warehouse full I don't mean just pods
everyone involved will have to drop there price to sell them there is such a thing as testing the market put a product out at a high price and see what happens the danger is if it sells other companies follow it's already happened to bivvys when prices are slashed that is the price it should of been in the beginning

To me on the whole carp tackle is one big rip off
Goose Goose
Posts: 12,901
Post #219 11 Dec 2021 19:48
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In reply to Post #215
Could apply your twisted logic to century, Harrison etc.
braders1978 braders1978
Posts: 18,195
Post #220 11 Dec 2021 19:53
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In reply to Post #219
Why what do they make other than items for the fishing industry,JAG is a tiny part of what the engineering firm that own them make.They make items for many other industries,they already had the machinery and staff probably long before JAG was ever thought of
Goose Goose
Posts: 12,901
Post #221 12 Dec 2021 13:07
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In reply to Post #220
So we all agree jag make the best pods money can buy then lol.
braders1978 braders1978
Posts: 18,195
Post #222 12 Dec 2021 13:35
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In reply to Post #221
NO
AndyClark AndyClark
Posts: 5,815
Post #223 12 Dec 2021 14:06
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so we can all agree that there are many great pods, jag and defiant being two of them and if we all chose the same things life would be pretty boring 👌
BlankasorusRex BlankasorusRex
Posts: 5,282
Post #224 12 Dec 2021 14:23
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In reply to Post #223
No.

I like the cut and thrust of the debate.

Can you tell I'm bored
AndyClark AndyClark
Posts: 5,815
Post #225 12 Dec 2021 14:53
0
In reply to Post #224
no pleasing some people,it's the season of good will you know 🤣🤣🤣
I'm having the new pod regardless of what anyone says🤣
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