Putting A Price on Greatness: The Costs Behind A TYEPRO

Putting A Price on Greatness: The Costs Behind A TYEPRO

I can usually sleep at night, looking at the reviews for TYEPRO products. My customers have provided over 900 five-star reviews for our products, and that seems like a satisfactory total to me, a small businessman from Ohio who runs his fishing “empire” from his home office.

And, when I do get a complaint, more often than not it has something to do with the price of my product. People look at the $21.99 price tag on the TYEPRO and decide that, unless it’s made of gold (or at least stainless steel), it’s overpriced.

As much as I aim to please, these complaints still grant me sleep at night, as I know that my prices are rational. I admit, however—after my Boilermakers have lost another football game—I sometimes feel the urge to boil over. To prevent that, I offer you this post: an explanation of what you’re paying for when you buy a TYEPRO. For the sake of transparency, you at least deserve to see that I’m not paying daily dimes to child labor.

Where to start?

First, there are the pitfalls that come with running your own—emphasis-on-small—business. There’s a reason why the IKEAs of the world can offer some products at ridiculously low prices. They’re a huge, international company, and they make a lot of product to be shipped worldwide. Simply put, the more you make of anything, the lower the cost to make it. Shipping is another part of this equation. The cost-per-tool is much lower for sending 100 TYEPROs than to ship one at a time.  

My individual customers, ordering online: I love you and I appreciate your business. But it costs about $3 in postage to send one tool. The USPS allows me to package 50 tools in a single, $6.10 flat-rate box. You can see where the savings show up in bulk shipments.

Oh, Post Office, my old friend.

There are other costs—from maintaining a website to marketing campaigns, to credit card fees and taxes—but I don’t want to focus on these. There’s one cost that all customers should take note of.

Look at the TYEPRO, or at a friend’s TYEPRO. See if you can find the name of the nation where it was assembled.

If you guessed “The United States of America,” you came across the correct answer. We’re proud that TYEPRO tool components are manufactured and assembled in the United States, mostly in Ohio. There’s a lot that’s been said about sending jobs overseas during the recent election, and I’m not trying to win any public position. Again, it just helps me sleep well knowing that I can help keep my countrymen employed, especially in a part of the nation that can use the jobs.

Using quality, ethical labor and using quality materials comes with a cost. The TYEPRO may not be made out of stainless steel as some critics might propose, but that was intentional to provide key tool performance features offered by the plastics chosen. I didn’t freelance the engineering to a by-the-hour freelancer. I used my engineering degree and the best design firm I could find in Ohio to refine this concept into a simple and efficient tool.

“So what?” my more cynical readers might say. “That’s a nice story but I just want a cheap tool.”

Do you care more about price or value? There’s a difference. If you answered “price,” then you are certainly justified in questioning the TYEPRO, or just opting for other products. That’s your choice. If you prefer value, I believe the TYEPRO is for you, regardless about whether you measure that value in the enjoyment that a few extra bass brings you on a nice morning, or the actual monetary value one places on extra food brought home for dinner.

Cheap tools come with cheap experiences. Those passionate for music buy better stereos to enjoy it by. Gearheads buy sports cars for their driving experiences. The best golfers play Titleist because they know they’ll get better action.

But this is only $21.99. I would never pay $700 for a set of speakers. Now that is something that would keep me up at night.

3 thoughts on “Putting A Price on Greatness: The Costs Behind A TYEPRO

t4s-avatar
Paul

I wish I could fish like I did just a few years ago. Due to my health this isn’t possible. I saw an add for tye pro on YouTube and looked it up. This looks like a great idea. The price may seem high but you explain it well, I like you prefer made in the USA when I can find it. I wish I could use your product but maybe later with luck. With 7 or hundred in fishing equipment just gathering dust buying more would get me killed by the little woman. I had a friends mom tell me about her husband. He didn’t drink or smoke so each week he bought some fishing gear she was fine with that since at the end of the week he still had something. I thought that was a great idea which to a degree I have followed.

March 4, 2017 at 09:46am
t4s-avatar
Paul

I wish I could fish like I did just a few years ago. Due to my health this isn’t possible. I saw an add for tye pro on YouTube and looked it up. This looks like a great idea. The price may seem high but you explain it well, I like you prefer made in the USA when I can find it. I wish I could use your product but maybe later with luck. With 7 or hundred in fishing equipment just gathering dust buying more would get me killed by the little woman. I had a friends mom tell me about her husband. He didn’t drink or smoke so each week he bought some fishing gear she was fine with that since at the end of the week he still had something. I thought that was a great idea which to a degree I have followed.

March 4, 2017 at 09:46am
t4s-avatar
Dave R
You have a Great product at a very reasonable price. Thank you . …………………………………………………………………………………………………….
November 30, 2016 at 14:29pm

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