Have you ever had that experience before? You buy a product because of the low price, then the product breaks on you just a few months later. You wish you would have bought the higher priced
I know that’s happened to me before.
Now there are exceptions to the rule. You can find a mixer as a thrift store that works great. It could have been a mixer that someone bought thinking they were going to use it regularly. It ended up that the person only used it a few times and it was taking up space.
Then for a fraction of the money, you ended up getting their dead weight, and you use the mixer all the time.
There are a few thoughts I have on this idea:
- Generally, you get what you pay for.
- Sometimes you can get a great bargain
- sometimes high prices can be deceptive.
Generally, you get what you pay for.
Most of the time, the price you pay dictates the quality of the product. This stands to reason. The company that produced the product has a brand to protect. The number one way to protect that brand is by high quality control.
One of the reasons you pay a higher price for a name brand is for that brand. The company enacts high standards of quality control to protect the image of the brand.
These controls cost money in the form of technology used to implement the controls as well as the labor to run the resources. This is why a $10 pair of sneakers costs $150.
Oh, and I forgot about the celebrities that get on expensive commercials to promote these items. They have to get paid, too. The company recoups all of its investment through the brand name and the higher dollar amount that it can fetch.
One more point on this idea. Did you notice that you can put these name-brand items through the ringer, and they will still last for two or more years. If you buy the cheaper stuff, you might not get three months of use out of those items.
Again, name brands have an incentive to protect their brands, so they make higher quality products.
Sometimes you can get a great bargain
As mentioned in the introduction, you can get a great KitchenAide mixer for $45.00 or so at a thrift store where the original price could be $250.00.
There are plenty of people that buy stuff they think they are going to use. The next thing they know, the items are just sitting around collecting dust.
Now these people need to clear out space. These purchased items go to the thrift stores or go on Craigslist or Ebay.
These things could be a great find. Even if these items are just junk. At least you only spent a fraction of the money to acquire them. And if you are handy with tools, you may even be able to fix the item and use it.
So my rule of thumb is this. If you are in a store, you get what you pay for is the watchword to go by. Craigslist, Ebay, and thrift stores are where you look for cost-cutting and bargains.
There is one other place where you can get bargains. That is technology that has been refurbished by the tech store that you buy it from, or the manufacturer… And is certified refurbished.
These items are certified by the tech store or the manufacturer to be like brand new. They have to sell the product at a lower price because of prior use, though. Any warranties that originally came
with the device when it was new should be re-extended to the refurbished devices as well.
Sometimes high prices can be deceptive
This caveat goes more for the online course circuit. You know the ones. These guys price their courses at $1000.00-$5000.00. I don’t have a problem with people selling courses, but there is no need for a course costing over $500.00 (well, I can think of one, and it’s by AWAI-but I still say wait for them to have a flash sale to buy it.).
I bought one of these courses for $2500.00. When I was in the program, it seemed like it was the best thing since sliced bread. But then when I got into actual (role-play) practice, I found that there were holes all over the program.
By the way, I’m not going to give the name of the program for legal reasons.
But it turned out that I had to buy over $70.00 in other books to fill in the holes that the instructor left in the program. It was an amazing waste of money in my opinion. But I don’t even know why I got it in the first place. I didn’t even enjoy the industry that the program taught me to operate in.
I prefer this medium much better.
Bottom line, if you want to learn a new skill, a few places you can go are udemy.com, skillshare.com, and masterclass.com (though masterclass is not for newbies in a skill-it’s more for honing a skill that you have already developed).
And if you want to learn how to promote yourself online once you develop that skill, you can check this out, as well. This training platform and web hosting platform is set to the right price in my opinion.
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And if you have any questions or comments, feel free to leave them in the comments section. I always answer them, even if it’s short and sweet.
As always, I wish you luck out there on the internet, no matter where you end up.