Reddit - Ask me Anything (AMA)
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Giles killed that AMA, someone said it was one of the most informative that they've had and I'm inclined to agree. Giles got into manufacture and went beyond the "what cut is right for me" kind of stuff that often occupies a lot of the AMAs.
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real good stuff.
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That was a good read. Thanks
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This was really informative, the turnover on the 25oz
How the hell do you find profits in that? Makes me appreciate the cranky bastards that much more. The variables I was unaware of and details G covered (thread detail and count, man knows his stuff) were impressive both because he just fired it off, and because the audience seemed to care about it as it was laid out. Thanks for taking the time Giles, I learned something from it all, and that will bring me back every time. -
Wow, that's gotta make folks buying from Japan sting all the more (sorry knowing as I do now I would have dug deeper, promise you'll get the balance in the long run). Do you know with all of that where you end up per pair? Sorry I can be off, profit margins and debt footprints interest me.
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Wow, that's gotta make folks buying from Japan sting all the more (sorry knowing as I do now I would have dug deeper, promise you'll get the balance in the long run). Do you know with all of that where you end up per pair? Sorry I can be off, profit margins and debt footprints interest me.
We work on the basis that we do not need to make the same margin off everything we sell. Margins on silver, leather and the 25oz are awful. If that was all we sold, we'd go bust. But we strive for an average margin that is acceptable, so yes, we make more on some items (the IH-634S being a prime example - we make so many of them our costs are reasonably low)…...
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I am glad there is some room for you after the trials of production. I understand no two things in any business carry the same margins, I have also been in the position where trouble jobs make your end barely worth the effort. The determination to get through the issues, even with a smaller margin, and then continue to expand the offerings in the difficult area is what impresses me. You have to bust your ass to make that work, tons of respect for it.
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Coasters!
Made for a great read, G!..