terkio wrote: ↑Sat Feb 29, 2020 1:21 pm
Prices and qualities are becoming more and more unpredictable.
I see funny prices often from web merchants, almost always way high, so perhaps a method to the variability (AI fishing for suckers?).
Cost and quality of shipment, payment refund reliability too.
Shipping has gotten quicker but not cheaper (with the exception of free shipping promotions). I have studied free/cheap shipping wrt heavy items. Try to buy a 50# sack of cement with free shipping and you will invariably see the price adjusted up to reflect actual shipping cost. I can get some deals on heavy shipments from west coast, but suspect that is promotional and may not last.
Now days, price has little to do with manufacturing cost, the price is more, what the buyer can be induced to pay.
I expect this has always been true to some extent, at least for profitable companies. Those companies that don't charge enough typically go out of business. While some modern start-ups can apparently lose money for years (a consequence of too easy capital raising). Perversely in some market segments the customers associate higher price with higher value, even when sometimes the only thing high is the price.
In Europe and Asia, they have reactivated railroad transportation for freight shipments direct from China.
The "silk road" has been used since BC. Recently China has been investing in their "Belts and road" infrastructure initiative. No doubt trying to use their new economic might to expand influence, and Chinese trade.
Goods are packed in China in containers onto trains for delivery to railway stations in Europe where they transfer containers onto trucks going directly at the shops warehouses.
Fast delivery, little stock, direct, ready for sale.
Even by train/truck can't be as fast as by air...Train/truck is arguably shorter than circuitous ocean route. Quicker depends on status of infrastructure supporting roads/rails. Historians are suggesting that corona virus could follow similar path along silk road as the plague did centuries ago. The quick virus spread occurring right now appears dominated by modern air travel.
JR
It's nice to be nice.