By corprate greed I was meaning that investers need to understand that their returns are directly tied not just to the amout of products sold, but also to the cost of those products. Think about it this way. I've seen gas stations in my area who would price their gas at 10 cents less than the other guy and their lot stayed full. The other guy might have been making an extra 10 cents per gallon but he wasn't selling but half the amount of gas. Granted that's stretching things a bit but in the end if you can beat the other guy by 10 percent on price, and get a larger market share because your lower price brings in more customers, then your investers are going to be really happy. In other words many companies feel the way to do business is to make alot of money as fast as possible, by doing as little as possible to make it, and to heck with the consequenses. On the other hand are the companies that would rather offer fair prices, good customer service, etc, etc, and are satisfied to spread the wealth over time vs looking for the quick buck. Remember when there were more companies, even huge ones like Deere, out there like that?
Too I was also talking about greed at the dealerships themselves. Granted there are some huge dealerships, but most euqipment dealers are independents and aren't worried about investors like Deere would be. Things like seeing what my Dad saw some years back when we did work for a local equipment dealer is a prime example. We had done some portable machine work for them on a piece of equipment because they weren't set up to do it themselves. Dad was standing there in the office talking to the service manager and happened to see the guy sitting next to him writing up the ticket for the customer. The price we charged was marked up to the customer at 100 percent. In other words the $1000 job we did cost the customer $2000 and put an extra $1000 into the dealers pocket for doing absolutely nothing. I can understand a 10 percent markup, etc just to cover the office work involved with what we did, but doubling our bill was pure greed........
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Choosin, Mounting and Using a Bush Hog Type Mower - by Francis Robinson. Looking around at my new neighbors, most of whom are city raised and have recently acquired their first mini-farms of five to fifteen acres and also from reading questions ask at various discussion sites on the web it is frighteningly apparent that a great many guys (and a few gals) are learning by trial and error and mostly error how to use a very dangerous piece of farm equipment. It is also very apparent that these folks are getting a lot of very poor and often very dangerous advice fro
... [Read Article]
Latest Ad:
Sell 1958 Hi-Altitude Massey Fergerson tractor, original condition. three point hitch pto engine, Runs well, photos available upon request
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
