Wednesday, May 29, 2013

Shave #27: When you can't pay for quality

Another shave, another nearly-faultless performance by Mssrs. Quattro and Barbasol.  I still find the Barbasol less smooth than modern gels, but I'll use it until I run out.

I've discussed paying for quality several times in this blog, but so far, I haven't talked about when you can't pay for quality.  What I mean is, because of the dynamics of the marketplace, sometimes you can only choose cheap.

Let me give you an example.  The bench I put my TV on cost about $50 at IKEA (no IKEA hate, please; I'll probably address them sooner or later).  It assembled easily, looks pretty good and has help up admirably under the assault of my children for about seven years.  And I didn't want it.

When I went shopping for a bench, I wanted simple looks with solid construction.  IKEA and Target offered attractive options made of particle board for well under $75.  I wanted solid wood since I've found that particle board varies widely in quality.  My only options for similar units made of solid wood came from places like Crate & Barrel and the laughably-named Design Within Reach for $750.

Simply put, I couldn't find anything between an order of magnitude.  When it came down to it, my only option was cheap, since I wasn't going to shell out $750 for a table to hold my TV.

I've found other product categories that seem to have a high and low, but no middle.  Men's dress shoes, for instance, have $99 specials and $350 (and up.  Way up.) models, with few options in between.  Briefcases as well seem to have a gulf between canvas, nylon and cheap leather models and the real deal.

I suspect this dynamic has evolved because manufacturers can always find a high-margin luxury market and/or a high-volume economy market but they can't always find a mid-level market.  And, to be fair, the particle board bench has held up as well as I would have expected solid wood to hold up.  Nevertheless, you'd think someone would seize on this opportunity already.

Maybe I'll start a line of $25 razors and see who bites.

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