On 8/5/2018 12:08 PM, Sir Ridesalot wrote:
On Saturday, August 4, 2018 at 8:24:37 PM UTC-4, Sir Ridesalot wrote:
I was looking at the Mountain Equipment Co-Op site for tires and a cassette for a 700C hybrid that I'm tuning up for a friend. Whilst on the site I saw 26" tire for $240.00 CDN. Vee Tire Co Snowshoe XL Studded 26" Tire https://www.mec.ca/en/product/5047-2...ded-26%22-Tire Btw the tire is made in Thailand.
Then I saw a 12 speed cassette 10 -50 teeth for $611.00 CDN! https://www.mec.ca/en/product/5053-7...Speed-Cassette
What gives with these prices? Car tires are not nearly that expensive and I bet motorcycle tires cost less too.
Baffled by these prices.
Cheers
Addendum.
When I made the original post it was because I marveled at the very high price of that tire, cassette and chain. How can any manufacturer justify such a high price for a tire or a cassette?
http://www.businessdictionary.com/de...ic-demand.html
I'd say some products have (relatively) inelastic demand by the majority
of consumers. Gasoline is a classic example. Some people will drive a
bit less when its price goes up, but most have to just pay what they ask.
But there are products with inelastic demand by a certain subset of
consumers. If Ferrari adds $10,000 to the price of its sexiest car, no
potential customer will say "That does it! I'm not paying _that_ price!!!"
I think the same applies to certain products aimed at super-committed,
tech obsessed, prosperous bike riders. They're satisfied only with the
best, however they define it, and money is no object. Some manufacturers
take advantage of that psychology.
--
- Frank Krygowski