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It's the Harbor Freight strategy. Though I'm not sure Walmart can build the sort of positive reputation that Harbor Freight enjoys.
by Blackthorn 6y ago
It's the Harbor Freight strategy. Though I'm not sure Walmart can build the sort of positive reputation that Harbor Freight enjoys.
- econcon 6y agoWhat's the Harbor Freight strategy?
- lifeisstillgood 6y agohttps://en.m.wikipedia.org/wiki/Harbor_Freight_Tools https://en.m.wikipedia.org/wiki/Harbor_Freight_Tools From their logo "Quality tools and ridiculously low prices" Seems they began selling on tools bought from bankrupt companies, and now act as a secondary channel for many "real" high end brands. (Ie they can sell overstock through this company without polluting their main market / brand) I am going to guess they do more than just tools now.
- Blackthorn 6y agoThey don't sell overstock anymore. They sell their own stuff. It's mostly Chinese import. But you always know what you're getting and quality ranges from alright to excellent.
- lifeisstillgood 6y agothank you
- deleted 6y ago[deleted]
- ta17711771 6y agoAnecdotally, I've witnessed a wide range of quality signals from buyers of Walmart and Harbor Freight. Like Amazon and fakes/harmful products, you only have to get it right over x% of the time (is it half?) or more, in order to profit, at their scale.
- Blackthorn 6y agoI've never had a fake from Harbor Freight. They source their own stuff.
- ta17711771 6y agoThat's...not what I said.
- Blackthorn 6y agoWhat you said is pretty unclear. Can you rephrase?