Hi Chris,
Hi Dean
I'm sure a lot of that is true.
I dont think the car analogy stands up though. I can make (for example) a pair of speakers or valve amplifier - that is more reliable than (many but not all) commercial offerings of the same value - this is because I can use 'parts' which they could not afford to use, due to distributor and retailer mark-ups. I am not limited to making a product for £200 to sell for £1,000.
The point I was making about the cars was that you don't need to mess about with your car to enjoy it. Most people don't because they don't want to or don't have the skills or tools to do it. Also people don't have the time.
Yes you can make a pair of speakers or an amp that is better than what's on the market but you are not taking into account the extra costs of making a product that can sell. As Alan has mentioned, there are alot of processes involved to build a new product from the ground up. When you are modding an item for yourself, you don't have to take into account alot of these issues.
This does not apply to cars. Profit mark-up on cars are a small percentage, and reliability/quality control comes from huge production on a mass production scale.
When a car dealership sells a new, the mark up can be small but they make money on all the extras such as extra gagdets, warrenties, credit etc. Also by selling a lot of cars. I would have thought cars cost a lot less to make
Reliability & quality control does not come from mass production. It comes from companies making things properly and montioring their products properly. British Leyland made millions of cars but a lot were not as well built and as reliable as they could have been.
Companies can have poor and unreliable produce whether they are big or small.
In hifi - we typically pay huge mark-ups from small boutique manufacturers... who do nothing that the educated consumer cannot.
Big difference.
A lot of things in life have huge mark ups. Not just hifi. A lot of things are priced at what the market will stand. If you ever watch Drangons Den on BBC 2, you will see the millionare investors ears prick up when they hear big mark ups and potential nice profits.
This happens because we live in a consumer society. If you see something you, can afford, want to buy, you do buy it.
If you have the skills, the tools & the equipment plus the time, you can do a lot of things. Downside is that not everyone has all these items.
In hifi, a lot depends on whether it's a simple tweak or if you are building it up new from scratch. Also you have bare in mind whether the item is for yourself or something you need to sell to make a living.
I of course accept that many people would rather walk into a shop and buy "nice and shiny boxy" ... this is just not me any more...
I can understand people doning it themselves but not everyone wants to do that. To do it yourself can be easy or it can take a lot of time and effort and still not be right.
SCIDB