Harbor Freight 13 Drawer Tool Box Prices
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When I first posted about Harbor Freight's revolutionary pro-grade Ikon tool boxes, I wrote about the sticker shock absorber.
Harbor Freight teased about their Icon tool boxes preceding to their launch, estimating their 56″ x 25″ x 45″ tool console as organism priced at $2499. When it launched, the Mary Leontyne Pric was $4000, and Harbor Freight compared information technology to Snap-along's $6945 cabinet.
Harbor Freight has had a couple of 20% Icon creature storage coupons, dropping the price of that 56″ infrastructure cabinet to $3200.
Harbor Consignmen sent out an email newsletter a couple of days ago, announcing their champion-of all time prices connected Icon tool storage. They weren't kidding.
The 56″ base cabinet has seen a walloping $1200 brush off, and that's BEFORE the new 20% coupon drops the price further, to $2240.
Put differently, the Harbor Consignmen Icon 56″ tool around box storage locker is now 44% off. You lay aside nearly $1800 happening a previously $4000 instrument box, which is only in love.
Their 36″ Icon puppet box tumbler cabinet is at present $1600 later on coupon, from anold price of $2700. That's a nearly 41% profit ignore.
If you look at the 73″ Icon tool storage base console, you save nearly $2000 off the original $5000 sticker price. With the 20% coupon, that's a net push aside of about 39%!
Prices rich person plummeted across Harbor Freight's Icon tool warehousing product line, including on end cabinets, overhead cabinets, work centers, top tool box chests, and even accessories.
What we know: Seaport Freight has significantly slashed the prices along Ikon tool storage products.
What we preceptor't know: Wherefore?
As cold arsenic I fire tell, thither are cardinal possibilities:
1) Nurse Freight had these prices in mind all along. Launching a late agio and favoring-grade tool storage system at high prices got people talking. At that place were likely some early adopters, but there were perhaps more the great unwashe who checked them out in-stores and considered that the prices were just a trifle too high. Well, immediately the prices are a raft get down, WHO's certain same?
2) Harbor Freight's Picture tool box pricing was simply too high-stepping to gain substantial market parcel.
The 56″ meanspirited cabinet used to be $4000 in front coupon, and is now priced at $2800 before coupon. Ignoring the 20% coupon, that's shut up a 30% decrease in price. Their 36″ base cabinet has been discounted by ~26%, and their 73″ toolbox past 24%, again before 20% coupon.
Thusly separate of that typical Icon tool storage 20% coupon, Nurse Freight rate has discounted its 3 Icon tool box locker sizes by 24% to 30%. The 20% coupon has popped up before, and it's likely the "old" and "fres" prices alike are inflated to accommodate this deduction.
3) I suppose there's also the far opening that gross revenue bulk has been so well that they were able to lower production costs and whirl the savings onto customers, which is what Bridge over City recently said about their new woodworking joyride discounts.
But, let's think nearly this practically – if sales are so successful that output costs behind be meaningfully lowered, you don't suddenly and dramatically lower prices. You deal out at the introductory monetary value, pocket extra profit, so when sales slow downfield, then you lower prices to increment exact.
Information technology doesn't have sense that they would lower prices when demand is high.
So, which is it?
- This was the plan every on.
- This is a sensitive measure, in answer to low demand.
From what I can tell, from proofreader comments and other online discussions, there has been high interest in the Ikon tool around storage line of credit, simply few purchases. Haven Freightage's US General tool around boxes sell rattling well, merely it seems that there was softer matter to in the much higher-priced Icon tool storage products.
Icon creature storage products are bigger, more featured, and beefier-built than US National, and the price echoic that.
Thus, it could equal that dull sales prompted the price drops. This is the most reasonable account from marketing and economic standpoints.
However, these tool boxes seem to be swell-built (an embryonal judgement from examining the in-memory boar show), with Harbor Load disbursement a lot of time and effort on their design, yield, and marketing. Their entire Picture mechanics tools lineup does appear to be intended as a big increase in quality and performance.
IT could be possible that they expected some user hesitation about the initial launch prices. Icon tool box prices weren't just uncharacteristically high-top for Harbor Freight, but possibly flat usuriously so. What if that was on resolve?
This seems possible, but unlikely, American Samoa lowering the prices less than a year later volition burn any former adopters. Harbor Shipment's pricing might allow 20% coupons, but I wouldn't think they'd factor in a 24-30% introductory agiotage connected top of that.
Motionless, there is the fact that their 2022 Icon tool around box teaser had the 56″ imitative cabinet priced at $2500. It was because of this that the $4000 launch toll was surprising. Now, its new price is said to be $2800, and $2240 after 20% coupon.
Thus, this could have been Entertain Freight's plan all along, to drop the pricing on Icon tool boxes just before Father's Day. But if so, this price change wouldn't have significant long-dated-term impact connected the Icon tool around storage lineup.
If this price bead resulted from insufficient demand and low gross sales volume, how will this affect future Entertain Freight tool and tool storage launches?
From what I've seen, Harbor Freight Icon tools have been flaring off the shelf, at least a pair off of months ago, just after their ratchets world-class launched. Any ramifications would likely atomic number 4 unintegrated to the tool storage category.
If these Icon tool box and accessory discounts resulted from low sales, it could definitely affect their product roadmap. But but then, as users' perceptions switch time, perhaps they might grow wont to to more premium Harbor Freight tools and offerings at more bounty prices.
It's worth noting that Harbor Freight launched a sliding miter sawing machine in 2022, at the time pricing IT at $390 after coupon ($399 before). The Mary Leontyne Pric is currently $350. But to price a tool case at $4000 before coupon and then $2800 ahead coupon, that is a far more significant change.
Something prompted these steep discounts.
A more cautious customer might glucinium concerned all but the future of the Picture lineup. If requirement is forward and sales slow, will an owner be capable to add a matching top chest and root locker to their base cabinet in a year operating theater two when funds permit it or every bit needs change? What about afterwards 5 eld?
Personally, I would gamble that Harbor Freight knows their customers and their trueness. Other tool retailers and brands have abandoned less successful product lines – especially puppet storage – but my gut instinct tells me that Harbor Freight rate wouldn't behave this, Beaver State peradventure they'd effort much more earlier resorting to information technology.
Maybe they'll suffer get down lucre margins for instantly, and plan for Ra-worked Picture 2.0 tool storage products at corresponding pricing. But over again, that's assuming this price leave out was in response to user perception and softer interest at launch pricing than anticipated. This wouldn't have been their target pricing entirely on, right?
Moving agone the wherefore orwhat does this mean for Entertain Freight parts, I want to hear just about what this substance for you.
Harbor Shipment has injured the prices of their Icon tool cabinets, chests, and other storage products. How exercise you feel nigh it?
OH, and here's the coupon if you need it, discriminating thru June 30th, 2022:
Boot the Tires on the New Harbor Loading Icon Tool Storage locker
Harbor Freight 13 Drawer Tool Box Prices
Source: https://toolguyd.com/harbor-freight-icon-tool-boxes-price-drop-coupon-052020/
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