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  1. #1
    aka mattio queerpunk's Avatar
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    i'm okay with bike shops charging what they have to charge to keep running, but there are some things, i just don't understand why they cost so much. here's my list so far, and i'd be ammused to see what other people have in mind.

    - double straps. $100. they cost, like, 4 times as much as single straps. i'm not very good at math, but it doesn't quite add up to me.
    - mks sylvan dust cap. $5. apparently they're 1/3 the price of the whole pedal...?
    - that fixed gear 101 booklet ... oh wait, maybe this one is one of the "rare" ones...

    (yah, little bit bored at work)
    the hipster myth.

    i practice vagabondery.

  2. #2
    or tarckeemoon, depending marqueemoon's Avatar
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    I really don't get the double strap thing either.

  3. #3
    hullo. drac_vamp's Avatar
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    a good, proper set of single straps should run upwards of $40. x2 would be approximately $80 (which is about what the doubles cost.)
    t.h.r.

  4. #4
    dances with bicycle 46x17's Avatar
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    Decent single straps cost about $50. Doubles are well double so they cost double.

    Dust cap seems pricey.

    That booklet thing is crazy. Time to start the printer.
    Life can only be understood backwards; but it must be lived forwards.
    -- Soren Kierkegaard

  5. #5
    some dude jayrooney's Avatar
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    Quote Originally Posted by queerpunk
    - mks sylvan dust cap. $5. apparently they're 1/3 the price of the whole pedal...?
    Those MKS dustcaps are for suckers like me who have some old suntour pedals missing one dustcap.
    Now I have one silver dustcap and one black plastic dustcap.

  6. #6
    dmc
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    campy or campy compatable seatpost binder bolt (non-keyed). $20 at LBS???

    i found a place online to get it for $15 but the sugino keyed bolts are like $2 or $3 online and i got one for free from a LBS.

  7. #7
    Senior Member abeyance's Avatar
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    regarding the dust cap question, It is similar to cars. Consumer Reports did a small research project a number of years back and found out if you bought a Ford Escort piece by piece ( ala Johnny Cash, but without the larceny) it would cost you almost 40k, rather than the MSRP of around 9k. I would assume it would be similar to bike parts as well.
    not banned anymore

  8. #8
    like, really sloppy sloppy robot's Avatar
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    Quote Originally Posted by dmc
    campy or campy compatable seatpost binder bolt (non-keyed). $20 at LBS???

    i found a place online to get it for $15 but the sugino keyed bolts are like $2 or $3 online and i got one for free from a LBS.
    but then you have to file off the key for some bikes.. and they are uglier.. style, yo!

    but i agree i was going to post the same piece...even though bikes seem hyped.. in the grand scheme of things.. no one cares, thus making the initial manufacture of less parts more expensive..i dont think the citizenry of china is clamoring for mks dust caps

    the fixed book i dont understand.. who is buying those?

  9. #9
    ♋ ☮♂ ☭ ☯ -=(8)=-'s Avatar
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    Food stuff is worse.....
    10oz of Corn Flakes is about $0.005 but add the
    box that costs about .55 to produce and it becomes 2.00 to buy ??
    Raman noodles are about the same $0.005 a lb but add the secret
    MSG packet and packaging and you can only get 10 for a dollar
    Go figure !
    -ADVOCACY-☜ Radical VC = Car people on bikes. Just say "NO"

  10. #10
    Banned zelah's Avatar
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    same people spending $30 on the puma dvd

  11. #11
    Member's Only summerinside's Avatar
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    I'd look at it the other way... Usually compared to the ebay/cl/resale market, the LBS is usually WAY cheaper.

    look a the price for pink or green phills online (ebay)
    vs
    the price for the pink or green phills from a lbs (or even Yojimbo's, and have em shipped)

  12. #12
    like, really sloppy sloppy robot's Avatar
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    Quote Originally Posted by -=Łem in Pa=-
    Food stuff is worse.....
    10oz of Corn Flakes is about $0.005 but add the
    box that costs about .55 to produce and it becomes 2.00 to buy ??
    Raman noodles are about the same $0.005 a lb but add the secret
    MSG packet and packaging and you can only get 10 for a dollar
    Go figure !
    figured: its called "running a business, developing, marketing, storing, distributing and covering everyones insurance on top of it costs money and we still need to make a profit or whats the point"

  13. #13
    Senior Member eddiebrannan's Avatar
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    i can't believe someone is complaining about the price of ramen noodles

  14. #14
    Senior Member mattface's Avatar
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    I'm right there with ya on the dustcaps. Seems like for 5 the least they could do is sell you the pair!

    ...but I'm probably gonna bite the bullet and buy one anyway because I have a pair of really nice campy pedals missing one dustcap.

  15. #15
    like, really sloppy sloppy robot's Avatar
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    Quote Originally Posted by mattface
    I'm right there with ya on the dustcaps. Seems like for 5 the least they could do is sell you the pair!

    ...but I'm probably gonna bite the bullet and buy one anyway because I have a pair of really nice campy pedals missing one dustcap.
    ha.. the other point you coudl make is.. why sell them for $2, when people will pay $5? yay, america!

  16. #16
    Immoderator KrisPistofferson's Avatar
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    Quote Originally Posted by eddiebrannan
    i can't believe someone is complaining about the price of ramen noodles
    +1
    Quote Originally Posted by Bikeforums
    Your rights end where another poster's feelings begin.

  17. #17
    likes avocadoes
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    heh, like that info would fit here...
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    One of the main problems is the assumption folks make about pricing methods. Too many people assume (incorrectly) that things are priced via a 'Cost Plus' model, where a seller figures out their costs and adds a little margin for running the business, shrinkage, 'profit', etc. In reality, most businesses in most industries price off of a 'Value' method. They charge the price that the market has determined is 'appropriate.' They charge $100 for double straps because people are willing to pay $100 for double straps. It's such a niche market that the cost of tooling, initial production runs, advertising, distribution, etc could never be recouped by another producer in the market even if they could reach a margin cost of $5 per strap.

  18. #18
    Banned zelah's Avatar
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    Quote Originally Posted by r-dub
    shrinkage
    :]

  19. #19
    likes avocadoes
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    heh, like that info would fit here...
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    Quote Originally Posted by tehz
    :]
    There was an article in Economica some time ago that used the words "shrinkage" and "package" together numerous times...I almost got kicked out of the library.

  20. #20
    Skidmaster teadoggg's Avatar
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    I'm done reading bike forums for the day r-dub's post is insightful, and right on - no need to read anything else. Despite the fact that most bike parts have a very low use value, they have an very high exchange value.

    Quote Originally Posted by r-dub
    One of the main problems is the assumption folks make about pricing methods. Too many people assume (incorrectly) that things are priced via a 'Cost Plus' model, where a seller figures out their costs and adds a little margin for running the business, shrinkage, 'profit', etc. In reality, most businesses in most industries price off of a 'Value' method. They charge the price that the market has determined is 'appropriate.' They charge $100 for double straps because people are willing to pay $100 for double straps. It's such a niche market that the cost of tooling, initial production runs, advertising, distribution, etc could never be recouped by another producer in the market even if they could reach a margin cost of $5 per strap.

  21. #21
    live free or die trying humancongereel's Avatar
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    Quote Originally Posted by r-dub
    One of the main problems is the assumption folks make about pricing methods. Too many people assume (incorrectly) that things are priced via a 'Cost Plus' model, where a seller figures out their costs and adds a little margin for running the business, shrinkage, 'profit', etc. In reality, most businesses in most industries price off of a 'Value' method. They charge the price that the market has determined is 'appropriate.' They charge $100 for double straps because people are willing to pay $100 for double straps. It's such a niche market that the cost of tooling, initial production runs, advertising, distribution, etc could never be recouped by another producer in the market even if they could reach a margin cost of $5 per strap.
    +1...the only way prices for most items on the market will come down is for people to stop paying those prices. for example, this is where i first realized this: in boise, i tried connecting my laptop to a wireless connection, and it told me i had to pay and subscribe. now, save the arguments about whether that's a good idea or fair or whatever. the thing i realized is that while it seemed ludicrous--i got a laptop specifically to save internet bills and so do a lot of people--it seemed like a bad idea, but if people were willing to pay for it, then the company was going to charge. i'm not sure if it failed, i'm sure it did, but that's when i realized that however stupid and overpriced, there doesn't have to be a reason for high price other than that a company can charge that price and get away with it because people pay the price.

    as far as complaining about the price of ramen, i do think it's funny, but not shocking. i mean, sure, it costs a dime, but still...it costs you and me a dime, and the company a miniscule fraction of that. and then it's food. so it becomes principle. companies have people over a barrel with food. who's ready to stop eating? not me. so companies don't have to justify prices with cost, research and development (i think sloppy robot was giving the companies too much benefit of the doubt. they're corporations, for ****'s sake. they **** people in the ass for ****s and giggles) or packaging or whatever. they simply don't have to justify it. they just have to say "do you feel like eating? then pay our prices, inflated or not." the grocery store is the best example of the worst pitfalls of capitalism. be glad you'll be perfectly okay if you don't get those double toe straps.

    edit: i guess that last bit got a little ot. the discussion of business and food got me thinking...and while not much of a socialist anymore, i sure do hate capitalism governing who gets to eat and who doesn't. so...soapbox time. sorry.
    have:ea50 flats, black, light, stiff.
    144 bcd 3/32" 49t sugino track chainring, possibly 75.

    want: risers, light, stiff, 1", black if that can be
    144 bcd 46t or 47t chainring any kind or width

  22. #22
    I sing the body electric
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    Grocery store profit margins are thin. Just saying. Also ramen takes up a lot of space at a grocery store with little to no return in value for the market.

  23. #23
    Bike fiend. Analog's Avatar
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    I was just looking for a set of track nuts today at my LBS and there were Campy ones for something like $32 (apiece), or generics for $2. Blew me away that someone could theoretically spend like $120 on nuts....

    Just an observation.

  24. #24
    live free or die trying humancongereel's Avatar
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    Quote Originally Posted by celephaiz
    Grocery store profit margins are thin.
    i dunno, i haven't seen the numbers. as i often do, i was talking in theory, you know? less about numbers, more about ethics, that kind of ****.
    have:ea50 flats, black, light, stiff.
    144 bcd 3/32" 49t sugino track chainring, possibly 75.

    want: risers, light, stiff, 1", black if that can be
    144 bcd 46t or 47t chainring any kind or width

  25. #25
    I sing the body electric
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    Quote Originally Posted by humancongereel
    i dunno, i haven't seen the numbers. as i often do, i was talking in theory, you know? less about numbers, more about ethics, that kind of ****.
    not singling you out, just have a lot of family all over the supermarket scene out west. As for the whole thread, there is economic theory behind all commercial prices (i can almost guarentee that). For the people questioning LBS pricing i mean do you see LBS owners and employees making ****loads of money? I sure don't. It has never appeared to be a rackett or cartel to me. I mean bike shops around me tend to cost about the same across the board. If you don't like what a shop costs try another. If it's the same, then you're eitehr dealing with a cartel or a system that makes sense. Start cartel conspiracy theories here:

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