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Thread: What's with Spear and Jackson?
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31st May 2004, 10:30 AM #1
What's with Spear and Jackson?
The other day I was in my local Bunnings and spotted a Spear and Jackson SCMS that they had on sale for $149!
This is about $20 more than I paid for my S&J tennon saw (which I like v much btw)
So what is it with S&J? Have they gone down market? :confused:
CraigLast edited by craigb; 31st May 2004 at 10:46 AM.
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31st May 2004, 11:34 AM #2
What would Eric Olthwaite think?
"I don't practice what I preach because I'm not the kind of person I'm preaching to."
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31st May 2004, 12:29 PM #3
Ah yes. The trusty No 5 shovel
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1st June 2004, 12:58 PM #4Originally Posted by craigb
Looks OK too - anyone have any experience with either?
Cheers,
Geoff
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1st June 2004, 02:32 PM #5
Could I suggest that S&J have had to reduce their prices before Bunnies will even think of taking them on as a supplier. You might noticed that there seems to be a lot less of the high price, good qualtiy tools at Bunnies than what there was a few years ago - especially in the tool section. But then this could also be seen across many of the other sections of these stores. Certainly S&J's view would be, without being in Bunnies what other market is there left?
Alternatively, S&J might want a high turnover low margin product which will still rake in the same amount of profit.
I do realise that there is a Tradies market for the higher priced better quality product but with the influx of el cheapo products, a lot of Trades people are having second thoughts about expensive gear that may not be used all that often.______________
Mark
They only call it a rort if they're not in on it
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2nd June 2004, 09:14 AM #6
I think there is a major shift in pricing going on with some of the big players as they see the market change. Bosch are now selling their cordless drills at a price aimed at the casual user with a bit of money to spend rather than somebody who is going to use it seriously.
The influx of really cheap tools has meant that the middle ground is now a lot more competitive.
I'm not sure it's because Bunnings won't stock them at those prices, but as Bunnings is currently one of Australia's highest performing companies and obviously have a good handle on the market, any manufacturer would listen to what they say regarding pricing.
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2nd June 2004, 11:22 AM #7
I expect you are right. I didn't have a very close look at the saw, however I did notice that it was double rail one which I thought was pretty good for that price point.
AFAIK, S&J haven't traditionally been players in the power tool space.
I guess it's a way of expanding their business. I just hope that they don't start doing cheap and nasty with their hand tools. God knows there's already enough people playing in that market
Cheers
Craig
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2nd June 2004, 01:05 PM #8Originally Posted by craigb
I just did a business-wire search on Spear and Jackson - seems they have expanded to this market last year in UK and Europe.
Competition is always good...... I haven't managed to find much feedback from users of the tools though )
Cheers,
Geoff
Spear & Jackson Launches Power Tools, Air Power Tools and Compressors in the UK and Europe.
Business Wire; 2/19/2003
Business Editors
BOCA RATON, Fla.--(BUSINESS WIRE)--Feb. 19, 2003
Spear & Jackson (OTCBB:SJCK) announced the launch of the most comprehensive product range to date in the UK and Europe.
The range of new products includes Spear & Jackson power tools, which carries 28 product listings. The range of Spear & Jackson power tools includes such items as Angle Grinders, Impact Drills, Jig Saws, Sanders Circular Saws, Engravers to compound Mitre Saws, Wet Grinders and a Brad and Glue Gun kit.