daugen
Epic Contributor
We want to be the new competitor of those big brand company, such like Land pride, Bush hog, Rhino
Jack,
for a seven month old company trying to take on these top quality companies with mostly copied design products, you have
a very steep hill to climb. There are many US companies that are trying to do the same thing, they have the marketing benefit
of Made In USA which really does count for something here, and I think in many countries. For example, look at Everything Attachments
website. They are aimed at the lower cost market as you are. They make many of their own implements, and take great pride in their work.
Let's say their middlebuster/potato plow is $150. How are you going to compete against that? A better plow with an added feature?
Or just lower cost? And how are you going to ship a hundred pound product, or a thousand pound product, to a foreign country with today's shipping costs and make money on this? If I as an American consumer can buy this plow made in the US for a relatively low price, where is your
product's value?
Jack, you may want to compete with these big US or foreign ag implement companies, but perhaps your company should walk before it tries to run. You would do much better targeting what we call here a "hobby farmer". And yes, some hobby farmers can afford top quality equipment and buy a $3000 Land Pride box blade when you have one for $400. It isn't always low price; many of us buy an implement "for life" and want good equipment to work with. Lowest price is NOT always the selling point. Consumers want good value, good performance, long life and if need be, fast parts and service from a local dealer. No one will buy your tiller if they can't buy a replacement parts easily.
Jack, study the Everything Attachment website, and the Tractor Supply Co site. Consider what they offer to customers, advice, service, parts, etc. That is a "package" of value, not just a piece of iron or steel.
Any distributor that will consider your products will face the same challenges.
Perhaps there is room for a lower price point for a similar item, but if you don't address the quality and performance issue head on, and
be able to show the value of your product to the distributor, you will be just another copycat builder that can only compete on price.
Jack,
for a seven month old company trying to take on these top quality companies with mostly copied design products, you have
a very steep hill to climb. There are many US companies that are trying to do the same thing, they have the marketing benefit
of Made In USA which really does count for something here, and I think in many countries. For example, look at Everything Attachments
website. They are aimed at the lower cost market as you are. They make many of their own implements, and take great pride in their work.
Let's say their middlebuster/potato plow is $150. How are you going to compete against that? A better plow with an added feature?
Or just lower cost? And how are you going to ship a hundred pound product, or a thousand pound product, to a foreign country with today's shipping costs and make money on this? If I as an American consumer can buy this plow made in the US for a relatively low price, where is your
product's value?
Jack, you may want to compete with these big US or foreign ag implement companies, but perhaps your company should walk before it tries to run. You would do much better targeting what we call here a "hobby farmer". And yes, some hobby farmers can afford top quality equipment and buy a $3000 Land Pride box blade when you have one for $400. It isn't always low price; many of us buy an implement "for life" and want good equipment to work with. Lowest price is NOT always the selling point. Consumers want good value, good performance, long life and if need be, fast parts and service from a local dealer. No one will buy your tiller if they can't buy a replacement parts easily.
Jack, study the Everything Attachment website, and the Tractor Supply Co site. Consider what they offer to customers, advice, service, parts, etc. That is a "package" of value, not just a piece of iron or steel.
Any distributor that will consider your products will face the same challenges.
Perhaps there is room for a lower price point for a similar item, but if you don't address the quality and performance issue head on, and
be able to show the value of your product to the distributor, you will be just another copycat builder that can only compete on price.