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Cheap advice is bad advice

 
#1 Cheap advice is bad advice
03/07/2008 14:20

Mr S. Kint

I've just been reading with great interest the excellent article at http://news.top-consultant.com/uk/news_story.aspx?ID=4866

What do you all think of this article and the points it makes?

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#2 RE: Cheap advice is bad advice
03/07/2008 14:53

Mars A Day to Mr S. Kint (#1)

It's a pretty old principle; high end brands in fashion, FMCG etc have been doing it for years - if you price something high enough people just assume it's a higher quality and will pay for it, regardless of whether it is actually any better (invariably not - the cheap detergents will wash your clothes just as well as the expensive brands and a fraction of the price).

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#3 RE: Cheap advice is bad advice
04/07/2008 15:56

Aleman to Mars A Day (#2)

*cough* Stella *cough*

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#4 RE: Cheap advice is bad advice
04/07/2008 16:56

Bob to Aleman (#3)

Thomas Pink shirts a case in point.

The fact they have kept pushing up their prices in the last five years has simply made their shirts more desirable.

TM Lewin on the other hand has taken the opposite business model: reduce quality, slash prices, sell volume.

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#5 RE: Cheap advice is bad advice
05/07/2008 13:34

anon to Bob (#4)

all this debate about clothes never fails to amaze me. as far as i'm concerned, they're just things you put over you to stop getting cold in the winter and to cover up your curly bits. i'd be quite happy going to work in my pants if it were socially acceptable. no ironing, no expense, no ties strangling you, no fuss.

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#6 RE: Cheap advice is bad advice
06/07/2008 04:04

cynic to anon (#5)

And yet there are still people on this forum who insist that you can't get a decent suit for less than a grand.

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#7 RE: Cheap advice is bad advice
06/07/2008 04:06

cynic to Mars A Day (#2)

*cough*

" RE: Suits for a consultant by Mars A Day 6/5/2008

Should be able to get a decent enough suit for 500 - 800 in the UK if you shop around a bit. Taxman is right on the money imho."

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#8 RE: Cheap advice is bad advice
07/07/2008 14:06

Mars A Day to cynic (#7)

Re: Cynic

500 - 800 quid for a suit isn't too bad if its well made etc; the point was more about charging twice that because some designer has put his/her name on a piece of tat produced by kids in a sweatshop.

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