More Market Failures - Pringles

#130
#130
kptvol said:
You should brush your teeth. Sounds like you've got gingivitis.
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Yea, I eat Kettle all the time and have never injured myself with them. OP sounds like a fragile little girl.
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#134
#134
utgibbs said:
I was thinking about market failures, and the example of the Pringles chip came to mind.

Pringles are the golden standard of potato chips. Each chip is off the highest quality and consistency, packaged beautifully (and fully recyclable), all palates catered to, inexpensive (even relative to inferior chips).

Why then do we waste so many resources making other chips? Pringles offer far more value for money (especially considering the consistency of each chip) than any other chip. They taste better than any other chip. Why doesn't everyone then make Pringles? They can't have a patent on high quality, high consistency potato chips.

Why do we want a choice? Pringles are the best value and the highest quality product. They taste the best; they are the best.

Instead though we see a "rush to the bottom" - the cheapest tat chips blanket shelves of the lowest quality and consistency. This is what "competitors" make. It is market failure, and it is the pattern everywhere, in complete contradiction to Adam Smith.

Thoughts?
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there is more idiocy in this one post of yours than in just about all of your other posts/threads combined. And that's saying a lot.

first of all, Pringles aren't potato chips.

second, other companies do make similar products. Baked Lays chips are a primary example.

third, it's your opinion that Pringles are the gold standard. Your opinion counts for exactly squat in a country of 300+ million people

we want choices because, to put it simply, variety is the spice of life. It wouldn't make any sense for everybody to copy Pringles.

It's absurdly arrogant of you to consider your opinions the only ones worthy of merit. I'm sorry you're too big of a pu55y to enjoy Kettle chips, I guess Pringles are easier for toothless people to eat.
 
#135
#135
So if Pringles are the gold standard of potato chips are Wheat thins the gold standard of pretzels?
 
#136
#136
Definitely not Rold Gold.

And just to summarize, Gibbs finally got one thing right with the thread title -- Pringles do fail.
 
#138
#138
I've been saying this for about 6 months or so... gibbs is not being serious when me makes his posts. He's being ridiculous to highlight the flaws in the opposing sides argument. He takes their arguments and runs them to their most extreme limits. If this thread doesn't prove it to you, I don't know what else could convince you.

Keep up the great, entertaining work, gibbs. Keep giving these liberals hell.
 
#140
#140
You know, I didn't realize that Pringles were really fried potato breads (and I LOVE potato bread I must admit).

In fact, I've been impressed with how well-schooled everyone has been on their chip knowledge. In truth, I could live without Pringles; if they were banned tomorrow I wouldn't miss a beat (but they are still the gold standard of the "potato" chip).

I'm just wondering if it is the marketing for the "natural potato chip market" has been this robust chip education witnessed here or if it has been consumers really informing themselves on what is out there.
 
#141
#141
utgibbs said:
I'm just wondering if it is the marketing for the "natural potato chip market" has been this robust chip education witnessed here or if it has been consumers really informing themselves on what is out there.
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hehehe...

There you go. A subtle pat on the back to the few Americans that actually can think and research for themselves, rather than have all of their thinking done for them by the gov't and its useful idiots in The Mainstream Media.
 
#143
#143
utgibbs said:
I'm just wondering if it is the marketing for the "natural potato chip market" has been this robust chip education witnessed here or if it has been consumers really informing themselves on what is out there.
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I have yet to see any of this "natural" chip marketing stuff. Are we really to believe these small companies (which seem to be mostly regional) everyone is touting can compete with the advertising blitz from the giant producers?
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#144
#144
kptvol said:
I have yet to see any of this "natural" chip marketing stuff. Are we really to believe these small companies (which seem to be mostly regional) everyone is touting can compete with the advertising blitz from the giant producers?
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Eventually, Big Chip companies will push the smaller guys out and create a chip cartel.
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#145
#145
utgibbs said:
They are cheap tat. As is "processed cheese food."

This thread has been very interesting. And I thank everyone for their input.

I was thinking the Kettle Chip phenom was all about marketing (since they taste like a$$ and cut your mouth). However, at 30% of the "natural chip market" (not sure how to qualify) they either have something going for them or it's terribly effective marketing. As we know, about 20% of the population is highly susceptible to marketing. VBH might have some insight on the numbers for highly effective marketing.

I've been highly trained in SERE, but why anyone would eat razor blades marketed as "natural chips" is a real puzzle. Same goes for processed cheese food over real cheese.

It must be one of three market failures (or combo of both):

1. Depressed wages
2. Marketing (which is the tool to defeat efficient markets)
3. Monopoly power (hence, the "micro", natural, smokin' good chips aren't top market earners)
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I guess we can add Marketing to the list of business fields you don't understand.
 
#150
#150
utgibbs said:
Or understand all too well? :hi:
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marketing, from my limited understanding of it, works because it convinces you that product x is better than product y, thus the consumer buys it. This is true whether the product is a tangible good or an idea. In the several months, dozens of topics, and hundreds of posts, you have failed to convince anybody that what you peddle is the superior product.

therefore, you're a marketing failure, not even Proctor and Gamble can save you, but they will continue profit nicely from Pringles.
 
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