Viberg
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viberg is proper workwear, they have two audiences they cater to, one is the fashion set & the other are working class folks mostly in canada. the prices reflect the audience. i mean they have two different websites:
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Looking at that, and kind of thinking of Viberg as two separate brands does make a lot of sense, but still does not fully explain my original question. This is the key example for me…..
A while ago I was agonising between the following two shoes..
They are both hand made (to the best of my knowledge), made mainly for the fashion crowd (me and you), and are made from Horween CXL leather with a Vibram sole. One is £220, one is £425. Why?
I take your point about the two different forces of Viberg, I take all Foxy's points about expansion, currencies, target markets etc… But still, why? Surely almost 100% price difference is just too much?
I think that I should again state that I am not making a personal criticism of Viberg, on the contrary I love their stuff and would love to own a pair. I just want to understand why?
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they charge that much cause they can. i know it's a simple answer & it is natural for us to over think things, but don't over think it.
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Well, I guess if that's it then that's it. I suppose in a way, because I like Viberg's products, I kind if hoped that wasn't the answer…because I don't like that answer. I don't like that companies and brands charge what they like simply because they can, makes me think of energy prices here in the UK and how much I hate the energy provider companies....a different argument entirely.
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maybe the price difference is an indication of what it costs to produce the products & give the employees an excellent standard of living for their skilled labor? crazy as it sounds, maybe the difference in the cost of living in the respective countries influences the cost of the product?
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Maybe so (nearly done derailing this thread honestly), I saw a similar kind of thing in Norway a few years ago, where a job that paid £20'000 per year in the UK paid £80'000 per year in Norway, but it was totally relative as it costs 4 times as much to live in Norway.
I will choose to prefer to believe that
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so you seem to be a romantic, glass half full kind of guy
interesting make-ups here:
http://www.wretch.cc/album/show.php?i=cherryjuice&b=23&f=1795206210&p=6
would of put images but you all know my story
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First, you have to look at the BOM (bill of materials). Depending on the quality of the materials, the sources and the volume. This could easily result in 20-50% difference for Viberg vs. White's.
Second, you have to look at the bill of labor. Depending on the quality, degree of automation, location (availability of skilled labor, US wages vs. CAN wages and also the possibility that Viberg or White's might produce some of their "pure" work/performance boots off-shore - I'm not saying they do, but if they do it would result in a mixed calculation) and the scale of operations - this could result in a similar impact as estimated for the BOM.
Landed cost and duties can be neglected in this discussion - profit and mark-up can not! If you sell higher quantities in a very competitive market your profit can be lower.Third, you set your whole sell or retail price point according to 2 criteria: market requirements and/or strategic segmentation. You ether have to sell it a certain price to compete or you put the price label on your product that you can.
I would expect that the resulting price difference is at least 25-50% (better/more expensive material cost, higher quality/higher labor cost for bench-made work vs. factory like work with a higher degree of separation of labor, higher output/efficiency, etc.). The rest of the retail price difference could be attributed to strategic positioning.
The fact that Viberg has a longer wait time for their regular custom made orders (3-4 months or more) than White's can be seen as an indication that Viberg is not compromising on quality or price.
Sent from my iPad using Tapatalk HD
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But there must be a point of diminishing return, the marginal utility of an additional dollar spent is not equal to the utility received.
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interested in the army green item under the boots. wonder if it's an indication of things in pre-production stages
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My fourhorsemen boots should be waiting for me at home after work this evening. Boy I hope they fit! waiting like 3 months it would suck if they didn't.
What size did you get?
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Selling my Viberg x 4Horsemen Service Boots…
http://www.ironheart.co.uk/forum/index.php?topic=2988.0 -
lots of pics: http://hukurokuju.com/blog/category/viberg/