because they're hand crafted products and there's not a lot of leather artisans around? There's also probably not a lot of excess income to support bringing on other people.Love TG's products. To me, though, it seems like a failure of capitalism. How is there so much demand for business and no ability to expand said business?
because they're hand crafted products and there's not a lot of leather artisans around? There's also probably not a lot of excess income to support bringing on other people.
You are assuming it is a profitable enough business to justify the startup costs. If margins are low, even with high demand, it may not be worth it expand or for a new player to enter the market.
Not really. These patches are not a commodity as evidenced by our willingness to wait months for our ours. We could have easily gone to wings n things or other vendors for substitutes. Instead, we demonstrated the brand loyalty only evidenced by art collectors. Artists, by nature, aren’t really interested in building out production capacity to meet the demand of a few hundred patrons. They’re playing a different game altogether. The only thing I can’t understand is why TG didn’t charge us more. Oh yeah, he’s an artist...I recognize that, but again, if a business is seeing that his demand is 6+ months from order to delivery due to a backlog, it's probably a pretty good sign it's safe to expand, especially when you're the major player in the game.
Not really. These patches are not a commodity as evidenced by our willingness to wait months for our ours. We could have easily gone to wings n things or other vendors for substitutes. Instead, we demonstrated the brand loyalty only evidenced by art collectors. Artists, by nature, aren’t really interested in building out production capacity to meet the demand of a few hundred patrons. They’re playing a different game altogether. The only thing I can’t understand is why TG didn’t charge us more. Oh yeah, he’s an artist...
Love TG's products. To me, though, it seems like a failure of capitalism. How is there so much demand for business and no ability to expand said business?
I like his stuff so much that I'm both willing to wait and I'm willing to pay more. Gypsy could charge a hundred bucks a patch and I'd still pay it.
I don't like the new pro-line. They look very cartoony.
What exactly was your argument? It’s a niche market. What percentage of people know what patches are cool for navy/marine leather jackets? How swamped does TG need to be before someone else can enter the market?To be clear, I too have TG's products and swear by them. I still stand by my economics argument though.