Ridge wallet material, does it justify the price you pay??
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- Опубліковано 10 лип 2024
- With the model and construction being the same on all Ridge wallets, many speculate that the Ridge wallet material is driving the price you pay. We look at the cost of the material, weigh the material of the wallets and take one apart to understand the value of the material to the cost. @RidgeWalletYT
SHOW NOTES AND RESOURCES*
Ridge Aluminum band wallet - amzn.to/2YMIzXi
Ridge Titanium band wallet - amzn.to/2WYFKoF
Ridge Carbon Fiber band wallet - bit.ly/2FG1sTN
Citizen Watches Mens AT2400-05A Eco-Drive- amzn.to/2YhWzqw
Pelikan 1935 100N fountain pen- difficult to find
Transcript for episode - bit.ly/2mcf8iM
ADDITIONAL RIDGE WALLET REVIEWS
COMPARE: Bankr vs. Ridge - • Bankr vs Ridge wallet,...
COMPARE: Aviator vs. Ridge - • Is the Aviator wallet ...
COMPARE: Ridge vs. Pirna - • Tear down and comparis...
COMPARE: Ridge Wallet Materials - • Ridge wallet material,...
Ridge Carbon Fiber - • Ridge’s Carbon Fiber b...
Ridge Titanium - • Ridge’s Titanium band ...
Ridge Aluminum - • Is the Ridge wallet wo...
CARRY-TEST: Ridge Aluminum - • Ridge’s Aluminum band ...
TIMESTAMPS:
Intro - 0:00
Unboxing - 00:15
Feature Review - 00:41
Review Summary/Detail - 06:11
Pricing - 09:10
Final Score - 09:10
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Ridge wallets are well constructed, what experience have you had with them?
walletopia. The Ridge wallet is a nice idea, with an OK design. I’ve had mine for almost five years now (rotating between wallets). Although credit cards slide and virtually disappear within the Ridge wallet, selecting a particular card you still have to take them all out select the card you want, place all the cards back. The same thing applies to carrying cash, you have to remove it all, select what you want and then put it all back. Both the features are a bit of a pain but this is the price you pay for such a small designed wallet.
We had the exact experience
i work in quite a warm/hot environment, and got annoyed with my leatherwallets becoming soaked in sweat and feeling wet for hours later. i've got the carbon fiber, because i'm a motorsport aficionado and like the design and material. i have no problem with getting the right card out, but i too find it quite annoying that i have to take all the cash out o get the right bill. it helped me save up quite some money in coins, i keep them lose in my pocket and just toss them in a glass at the end of the day.
@@TheWolvesCurse Great adaptation Nikola!
what’s the difference between the performance of the money clip vs strap? have you noticed one before more secure than the other?
Bruh i literally got a ridge wallet commercial on this video. UA-cam, chill.
😂
Watching commercials on UA-cam? 😄😄😄. UA-cam Premium Family Plan... look it up and figure it out (hint: eBay).
I’ve had the Titanium and carbon fibre versions and ended up selling them both. I enjoyed using them at the start, however, when removing cards, when you poke them up, then sometimes trying to remove one would result it a few popping up and out too much = me juggling cards in the shop queue 😂 So overall I got bored very quickly and got rid. Thx Mark for the prices. It is very surprising how little cost there is in terms of the raw materials involved. 👍🏻🙂
Thanks Richard and I agree. I found that when trying to pull cards out, the front and back were easy, but if you tried to pinch them up, they would often just pop out, so you ended up taking the entire stack out anyway just to reorganize.
YOU SOLD THESE? THATS' TEDIOUS.
Fun fact, i got into a car wreck last year and my aluminum ridge wallet is now bent haha. I just ordered a titanium because they are on sale so I can hopefully enjoy a new one!
Great review! I just saw a few of your videos. Great channel!!
Thanks so much!
I like my carbon fiber had it about a year, yes it is overpriced but so is five guys etc
Absolutely, no matter what we may think about being frugal or saving money, we will always end up buying what we want. We'll find a way to rationalize it and there's nothing wrong with that.
@@walletopia you study philosophy or something? Cuz that was a great quote you just made
@@orangefox6029 "Do you work at NASA? You spotted that constellation without a hitch!"
Keep in mind it’s a life time warranty and they got extra parts available if needed. The spare parts aren’t too costly imo
@@chrispajtas3790 bruh there are knockoffs 1/5 the price
Thanks for the video, very informative! Got myself the carbon fiber & my wife an aluminum Ridge back in March & we both love them. With so many Ridge copycats on the market now, at a much cheaper price, do you plan on doing a comparison between the Ridge and their imitations in terms of quality & performance?
Got one right here! Tear down and comparison of the Ridge and Pirna Carbon Fiber wallets ua-cam.com/video/dQN7ROhePUY/v-deo.html
Id say some of the higher costs would be associated with either manufacturing or the CF and also cutting and machining of the titanium.
Titanium is far hard and more expensive to machine than aluminum.
That said 80% is just mark up/marketing
The best videos on wallets. I hope you have plans on Dango’s titanium wallets. The T02 and the M1 Ti
Hi Dan, yes, we've been looking at getting the Dango titanium's, but wowzers, the cost on those....makes you think twice.
You also have to take the raw material, and include the outside process, or plating that goes into the raw metal to get the different finishes in the product. You can’t justify the cost on raw material alone. You need to consider raw material processing (Cad plating, anodizing, etc.), which can increase the price of the material greatly, plus labor. Just my opinion.
I have owned my Carbon Fiber Ridge Wallet for 3 years now and counting, and I have yet to replace any parts. I love it! Very durable and worth the price. I have over 12 cards in mine, and it’s still in great shape.
Hi Danny, yes, you’re right, those processes will increase the cost. I didn’t venture into that as that costing can have a lot of swing in it. However they are vanity pricing (which I don’t look down on as it’s what they feel the market can bear). They do produce a high quality wallet, good to hear it’s performed so well for you!!
to be fair, walletopia did acknowledge in the video that there's hidden costs in labor that could at least partially explain why the wallets are so expensive
Those costs don't justify the price. Amazon knockoffs perform just as well but are 25% to 50% the price. The Ridge wallet isn't exactly a complicated high tech item.
With Ridge wallets you are paying for the name brand.
it's most likely $5-$10 of material, in china. the rest is hipster mark up
For sure, this brand is making junks, but they know marketing very well.
@@UA-camuser25882 yeah but, the 30+ thousand 5 star reviews and multiple videos of people showing wallets that have lasted over 2 years says otherwise
@CONNOR HOGG ive had the wallet for at least a month now and the elastic is exactly like new, there Is no scratches on it even tho i carry it with my knife and keys every day so I think it is well worth the money
@@Mrtaco-bs1lg The amount of elastic it needs even if you put the highest quality elastic I am sure that will not cost more than 2-3$. If you compare the knock off and the original material to material there will not much difference in terms of material price. At most 50% high price for the original. And a better finishing will give the vibe of being premium. That's all. But if you are satisfied to to use the original and think it doesn't matter how much that cost then it's absolutely no one else's business to question your spending.
But at the end if you compare material to material including a cost of better finish in that case if Ridge wallet is 100$ and a Knock off is 12$ the actual cost of a Ridge wallet will be 20$ and rest of the 80$ you are just giving them for marketing. They are sponsoring almost every popular youtuber that must cost a lot.
@@dahrafs9798 you could buy a cheap wallet every year or two or have a good wallet that will last a couple decades is how I look at it. Better quality will always win
Love the look of the ridge wallets, but I really like how the eksters push the cards out.
I've had mine for a couple of days and so far I'm satisfied with it! I'm hoping for longevity out of this wallet!
What I think is funny is that I watched your video about the Ekster wallet, and then this video. On the Ekster wallet video I got an ad about Ridge and on this video I got an ad about Ekster
They’re advertising hounds, I see them everywhere….but that’s expected for me 😂
Many thanks for your channel and detailed videos. In this case off the Ridge wallets the prices detail of the raw material was a nice detective work!
Don´t know if, regarding new wallets, there´s any date for a upcoming review of the minimalist Trove Cash Wrap wallet.
Cannot find any real review of it. Thanks.
Hi Paulo, thank you. We do have the Trove Cash Wrap on the schedule!
Like your thorough review.
Thanks!
One more thing..... Wish you could have tucked the money strap underneath the plate just to see the wallet without the money strap. To keep the look minimal as possible. Not a fan of the money strap. Still deciding weather to buy a wallet. I like high name brand products.
Carbon fiber looks yummy.
Titanium destroys your drill bits its a mother of a material to work with. I'm assuming the cost of titanium version is in the amount of tooling required. Aluminium much more forgiving... Can't say much about carbon fibre I've never worked with it. Love the review and the comparisons not many reviews go that far 👍🏻👊🏻
Great insight and yes, the manufacturing beyond the material cost would be different due to the difficulty of the materials.
Raw material is generally the smallest factor in manufacturing. Machining titanium is quite difficult and eats through tooling (which is expensive) and takes longer per part. Carbon fiber is expensive to work with because sanding and cutting it generates hazardous dusts that need cleaned from the air and it takes different tooling than metal materials.
Is there some price "modification" here? More than likely, but raw material price has basically nothing to do with manufacturing cost on small consumer products.
Hi Charles, thanks for the comment. Yes, in most cases, the finished product from raw material contributes to the overall cost with labor being most significant. I didn't include that due to the variability, very much in line with what you mentioned. What I didn't mention, that is obvious when you think about it, is that the final components from those materials are not complex, they're actually drop dead simple to manufacture, so the pre-assembly cost would still be low, especially since Ridge wallets are made in China.
@@walletopia Those plates being as thin as they are is actually a big problem for manufacturing because will have heat build up problems and some other issues. Chinese products are cheap because the usually lack quality control but you can get high quality Chinese parts and they end up costing as much as parts made in the US.
I've worked a good bit in manufacturing and it's a lot more complex than you'd think. Material handling equipment, machining, and finishing aren't as simple as most people would expect. Something as simple as an axle pinion in your car requires about $6 million in tooling and it isn't even that precise and it certainly isn't meant to look pretty.
By having several different manufacturing lines for each variety and working in some lower volume and harder to work with parts their costs will go up a good bit.
Again, they're definitely adding some "premium cost", but I would totally buy that the CF and titanium plates cost 30-60% more to manufacture.
@@mattsoup4121 I agree, and thank you for bringing up that Chinese made products CAN be high quality. Many believe that anything made in China is crap. My experience is the product will be as good as your specifications.
It's gotta be a decent amount of labor hours into those wallets the band isn't just a quick factory order and if you compare them to the knock off ones the edges are beveled and allow for easier use of the product. I'm not saying it's worth 100 bucks but I can see where the cost is at over others
The others are only $15-$30 because the original ones are just way overpriced. The original Ridge wallet is the best of its type, but it's still way overpriced and not all that practical in usage.
In China where people get paid $5-6/hour. These wallets probably take no more than 10 minutes to construct.
With Ridge wallets you are paying for the name.
@@xuimod You go try to make one of these wallets out of titanium in 10 minutes and let me know how you get on.
thank you
I think the Hell Bent wallet idea to me is better than this. Great comparison review.Thanks!
Great video. Very through. I’ll be buying one. Can’t believe the cost has gone up CF 125- titanium is 105 usd. And alum is $85, I guess not too much, but they are advertising a ton now
Between Ridge and Ekster, they keep UA-cam afloat, advertising is pervasive!
@@walletopia agreed, 5 percent off now so i need one lol
I have the grey titanium coming in Tuesday
With Ridge wallets you are paying for the name brand. Amazon knockoffs cost 50% to 75% less than the Ridge wallet but 'perform' the same or better.
That is very true.
Does the quality of the knockoffs the same as the Ridge? I'm in a market for wallet.
@@jauxed They're actually pretty good. For the price, they're excellent.
@@jauxed Titan X wallets... Half the price for pretty much the exact same product.
Hello again Mark. Why did you score the titanium and carbon versions better for features?
I would call it progressive learning. The aluminum version was one of the first wallets I reviewed and the first Ridge. As I began to review other "band" type wallets, when it came to do reviews of the titanium and carbon fiber I had more knowledge of what Ridge provided versus others in the same category.
I think I'm going to try one of these after watching your video reviews!
Why
The whole design is basically a two piece of metallic slabs that sandwich the cards.... And a money clipper... I don’t need to buy one. Just put a thick elastic band around the cards and cash, then you’re set to go! When it wears out or breaks, get another rubber band.
Kevin, you are not the first person on this channel to make the observation! 😀
I have the burnt titanium , and damn looks nice, funnynis they have release the new damascus steel plate and damn the price lol
I also like the look of the burnt titanium, my favorite of all their materials so far. But yes, the price keeps going up and the value is questionable.
The damascus steel is only laser etched. Its not even real damascus so the price is not justified
I’m doing some research for a new wallet and came upon your channel, I was wondering, which one is your recommendation for a minimal wallet ? I am not sure about the ridge
Oh boy, so many things to consider, so I would suggest instead of looking at wallets first, start by asking questions about how you carry (front or back pocket), what you carry (do you like a full wallet, or select what you take with you every day, etc.) including what's your minimum number of cards, are cards primary to cash, cash more important, do you carry other things like keys, coins, what's your style preference (slim, bifold, zipper, etc.), and material preference (leather, metal, combo, etc.). Once you've gone through that, then I would suggest going over to our explore site at explore.walletopia.info where you can use filter's to drill down on the type of wallet with some suggestions.
The Aviator is a nice Ridge alternative
@wallettopia which ridge wallet feels most premium to you? The titanium version or the carbon fiber version?
I like the heft of the Titanium versus Carbon Fiber, but both feel really good. I like the feel of the Damascus version too.
I’m sure with the Carbon Fiber part of it could be because they can charge more. I will always pay extra for a Carbon Fiber version of anything I buy. They know people will pay that price just to get that version.
wow the maths, thank you Mark
Do you have a link to the blank cards you put in to the insert for the wallet?
Here you go, amzn.to/32jpZZ4
Oh I thought they where blank playing cards. 😅 I see thanks though.
I just got one and stripped the screws putting the money clip on hahaha
I was gifted a Ridge wallet. If I had to pay, I would certainly buy myself a Secrid or a Aviator Slide. Getting cards in and out of the Ridge is a pain. You slide them out then squeeze the bottom and then struggle to get the right card out. Pushing it back in is easy though (Thankfully). The money clip is a meh. Don’t hate it , don’t love it.
Great experience, thanks!
Hi, what is the most resistant to marks between carbon fiber and titanium?
Titanium is a very hard metal, harder than steel.
titanium or stainless steel? which one feels better in your hand? i like the look of the laser etched damascus but does titanium feel more premium?
It's definitely lighter, but I do like their newer versions that have a more tactile feel to them and designs.
@@walletopia any chance you can review black damascus?
Does the money clip one uncomfortable in your pocket with the clip sticking up?
Front pocket with the clip facing out, no. Being it's a metal wallet, back pocket will be a bother and you'll feel the clip if you have it face in either in the front or back.
I bought an Amazon knock off that should arrive tomorrow. I wanted to determine if this is something I could use at all. If I like it I plan to replace it with the aluminum ridge
Perfect way to make a decision!
They also have one called titan it looks very similar to this one
I had to go the cheap route on this design , it's just not complex enough to justify the cost
Could there be increased processing costs associated with working with each of the materials?
Absolutely. The cost to take raw material to finished could be significant between the materials.
@@walletopia according to your knowledge, do you think that the titanium will be more rugged and last longer?
Not enough to justify the price.
With Ridge wallets you are paying for the name brand.
The more exotic the construction material sounds, the higher the price the consumer will pay.
how is there less features (lower score) on the aluminum version, aren't they all exactly the same feature wise?
That would be a demonstration of my learning more about the wallet from the original Ridge wallet I reviewed (aluminum) versus other material models.
@@walletopia Kindly clarify.
Please review the vbax wallet on Amazon with both versions
Hi Fadi, we have the vbax and it's on the schedule. A bit of a knockoff of the Trove wallet, so this will be a good review and comparison.
So how does the aluminum have less features ?
It doesn't it came out that way as it was the first of them I reviewed. I did a 2nd Look video on it and brought it into line once I'd reviewed several others.
Can you compare the longevity of aluminum vs titanium. That’s what we want to see pls.
I’ll think and research the best way to do that.
At that price either should last a lifetime. The first thing to go would be the elastic. The scales (side plates) wont wear unless you really abuse it, obviously aluminium is a softer material than titanium and will scratch and wear easier.
If you broke every down every product like this, you’ll find many examples like this.
Where did you get that stack of white cards. They look like a stack of white apple CCs lop
You can buy them off of Amazon. Since then I've had custom one's made :)
@@walletopia nice, thanks
@@walletopia thank you
3:53 you are showing the price for carbon fiber but the caption says TITANIUM. You are welcome.
Thanks!
I’m struggling so hard on to get aluminum or titanium….
The Titanium is heavier (as you would expect) so if weight is a concern that could help the decision. Honestly I would go with one of the variety of aluminum versions.
@@walletopia as much as I really wanted the aluminum olive wallet. I couldn’t get myself to not want to get titanium. So I went with the burnt one, I like that it has a little bit more weight to it too even if it’s not by much
how bad does the aluminum scratch?
When I carried it for a month or so, I never did so with keys in the same pocket or anything else that could scratch it and it never did. Never did scratch through normal usage day in and out, but with a sharp object I'm sure it would happen.
Want the same wallet but cant afford it?? well i bought mine from fluxshops.com for only 14 bucks lol the ridge sucks
Is the titanium stringer than carbon fiber
It's all about the application and testing methods. The carbon fiber is lighter for sure, both are durable.
Should compare the raw material by volume instead of weight cuz three materials have different density
Interesting, but density calculates the intrinsic values of the material components (mass and volume, which includes height, width, and length), while weight relies on gravity, and the mass of the object. So while the volume would be different based on density (carbon fiber would be less dense), does that make it more valuable? Since markets place value on material based on weight, that's what gives us the commerce value against price to make a value comparison.
That said, it's a whole different comparison if we look at durability, that would be interesting.
For costs you should include not just the materials. If you are talking raw then sure the cost is a bit off. But there are the metal finishes, straps, hardware, plastics and the RFID deterrent. None of these are free either. These should all be included in a comprehensive review IMHO.
I've done manufacturing for years and the variability of the finishing costs pushed me to not include them. However, ever with taking that into consideration, the markup is tremendous. Which, I'm cool with, as long as the market can bear it :)
Pirna is just as good. Real carbon fiber for a way cheaper cost. Ridge is a very nice wallet, but I don’t fall for the hype with its price cost. No matter how you define the make of it, it still a cardholder/money clip wallet.
Did you ask Ridge Wallet to give you a breakdown of their cost in the design, production, marketing, distribution etc of their wallets? That would have added context.
Yes, but they never responded to my requests.
It'd be an exceedingly rare company that would give out such information, unless they're attempting to get capital and be able to justify "see? We print money when we have the right resources!"
You would buy one, so that you can tell others that you spent 5 years worth of wallet in one purchase.
Story to tell or love of the brand, it's amazing how much people will spend on something when they can justify it, we all do it. 😀
The Carbon Fiber is now gone up to $175 !
Yowzers! Way over priced.
My father has the ridge and I have the titan x wallet. Same quality for half of the ridge's price...
Yes, while the Ridge may have pioneered this space, it is a simple design and something easily copied. So unless you want the brand name, there are many, many copycat versions out there that will do just as well.
walletopia true. To be honest I would love to see a video of you comparing the ridge with these knockoffs. Love your vids! :D
@@burimsinani1 Does the titan have a lifetime warranty as well?
bruh i wish i had enough to buy 1 ridge this guy be buying 3
Hello there, i bought a burnt titanium bundle, wallet and key holder. I thought they are made in USA. I am dissapointed because of 3 reassons: 1. The wallet on europe site version, it is grade 2 titanium and not 5. 2. On each of the 3 boxes that came, it shows Made in China. 3. The wallet got in my hands later than it was supossed to arrive. Not to mention i paid more than Americans do for it. I emailed them asking why in America is grade 5, but on all other site versions for Europe, England and Canada it is advertised as grade 2 titanium. They simply said it's a mistake, but they didn't fix it. So i have doubts that this shit is even made of titanium as long as it is made in china and as long as they have differences on site. I didnt even unseal it, ill send it back they way it came.
So, around 70%-80% of the cost goes to the "The Ridge" brand?
When compared to knockoffs which are built pretty good, I would say yes.
@@walletopia Exactly, I've purchased a Zeeker Slim Wallet just to try it out (I'm pretty new to this minimalistic wallet thing), it's not bad after all.
Factor in every step from schooling to the end product and you’ll see that the 70-80% estimate is waaaay off. Eventually once material orders and factory production, marketing and shipping is steady the profit will increase but for any business once you have success you grow and that costs more money. Not to mention designing new products. I doubt the creators are actual cash in hand millionaires anytime soon. It’ll all be virtual worth as the materials they buy are worth a fraction of the end product.
4:00 Titanium again? haha got a typo here!
My whole life my wallet is my I'd an other card with a rubber band...and now I'm finally looking to buy1 and it basically the same thing but a cool metal that hide my I'd and a cool rubberband/strap holding it together....life is simple and hard depend on how u look at it nd wat u make of it....yezzy wear old dirty ripped clothes make it new designs/fashion but homeless people been wearing them forever...life is what u make if ur confident in rocking cheap knockoffs wallet the real will look fake I'll stick to my I'd and rubberband then buy these wallet that way I have more $$ to put in my rubberband
I have the means I could easily pay for their wallets, but their price is far higher than their value, especially for how it is expected to be used, which is clumsy and prone to more quickly wear out what it's supposed to protect, the cards.
I have more sense than dollars in this equation.
Im sorry but this video answered nothing pertinent. When comparing materials, I cared little for the cost of manufacturing but rather how much fingerprints does it attract? how scratch resistant is it over time? And how durable is it do scuffs and dings or drops?
Titanium may be the hardest metal but is known to scratch very easily and thus a anti scratch coating is generally used. Does this wallet have that coating? When selling a wallet aesthetics plays a huge factor and how resilient over time is more important to me than repeating the same thing over again.
And that had nothing to do with this video (the title should have been a dead giveaway) so I would have expected you to be disappointed.
@@walletopia I dont get how comparing the cost of manufacturing without as you said not accounting for other miscellaneous costs helps in any way. At $75+ we come into a premium category as mens wallets go. Your title suggests whether the material is premium enough to justify the price point. Like a smartphone or premium laptop, its not just limited to features but materials design and all the other features I listed previously.
The comparison was limited to the cost of the material and if it justified the price. Perceptions abound that carbon fiber, for example, somehow makes something more expensive. Since the design of all three are exactly the same, there’s very little to distinguish the reasons for the price discrepancy, including manufacturing which once ready materials are available is again, essentially the same.
@@walletopia Can you please make a new video analyzing the actual integrity of the wallets, meaning how it holds up and if aluminum wouldn't be as well kept together as titanium or carbon fiber after e.g. 5 years or so... That's what we came here for tbh. :(
Did you bother reading the actual title? Lol
no wonder ebay/amazon have clones going for $14
If you live somewhere like me, where cards almost all have protruding numbers, these wallets are horrendous.
And leather just looks better if I am completely honest.
Personally I think Ridge Wallet are taking the piss with those prices.
I paid 20 bucks for a wallet that looks exactly the same with real carbon fiber and aluminum on Amazon
just bought my first ridge wallet today, black aluminum
Nice Leroy! For those who like band wallets, the Ridge is a great option and will serve you well. It can also be repaired which is a big plus.
@@walletopia hellz yeah and the reason why I jumped on it was because it can hold ya id and credit cards etc which is what i have and need it for. also i got the strap on the back to hold some small cash to.
Who buys a wallet dedicated to credit cards? Also it holds very little cash, not one mention of drivers license, health insurance card, social security card. So basically I need to buy a wallet to accomodate the lack of flexibility of this scratch prone product? I only use three credit cards. What about a provision for a tether? You'd think they could design some modularity beyond a choice of a strap and a clip. They have to charge so much because they"re made one at a time with an anemic product flow. They're in it for the quick money not to reinvest in a real factory. The Chinese can easily knock these off cheaper, because they can easily run these through a non dedicated line, yet rearrange manufacturing sequencing this item with real existing machinery in place. If any of you think these titanium plates are drilled with a twist drill you are mistaken. EDM. If you want to see America really be great again we need more factories.
Um.... put your license and other cards inside the wallet as well.... 😐
So much hang up about price, it is not cheap to manufacture products these day, but besides that, if you want a quality product, you have to pay, it is mostly people who can’t afford things that complain about the price. Live within your means, and don’t complain about things you can’t afford…
Why do these things cost $100. Seems silly.
I don’t own a ridge wallet nor do I really care either way for the brand, I just think this is way wayaaaytoo reductive when it comes to producing a product, especially one made here in the U.S
There’s so much that goes into it I don’t even have time to list. If you’re curious I would look into running a small business that releases a product you make here in the states.
Raw material cost is one of thousands worth of costs. If you’re going to try and educate people, I’d suggest doing more research.
I’ve owned several product businesses over the years, and yes there are a thousand things that go into it. I would need to spend an hour to just get into it. This was more of a quick scratch at simple materials versus the development, manufacturing, sales, marketing and support, blah, blah, blah.
What I have found, however, is that pricing something on shore is not an easy proposition. I’ve encountered a lot of “we don’t do that” and the ability to find vendors who can is woefully poor. But It takes me less than 2 weeks to find several factories all though out Asia-minor who can produce whatever I need.
@@walletopia
My apologies
I’ve seen a trend of reductionist fueled reasoning when it comes to all sorts of things on social media and the like.
I didn’t mean to be a jerk to you though, you understand and I was just assuming you were some talking head blowing smoke up peoples butts
My bad
The short answer is NO, it is not justified. You pay for the brand more than anything else.
Yikes, this isn't a meaningful calculation. It excludes all aspects of fabrication from commodity-level pricing (e.g. ingots) to finished product. There is transportation of raw to the factory, rolling to sheet product, stamping, tooling, labour, production yield, anodizing / coating, etc.
Correcto, it's only the start of what a full cost of goods would look like. Due to the variability of the manufacturing I wouldn't do it justice, just attempting to put some raw material ideas into what the final retail pricing is.
After u took it apart, it is clear to me it is not worth $75... they r def making a killing on this! My $30 samsonite accordion wallet is better...
Aviator all the way. Also 37/50, and it holds coins (and notes) in the drawer :)
I've had both and much prefer the Ridge wallet. You can put a cavity card in the Ridge wallet as well to hold coins.
I 2nd, Aviator for sure. I have owned both but got rid of the ridge, don't like how the cards fan out with pinching and so on, Aviator, much faster for me to retrieve which was why i left traditional wallets for card wallet.
This iWallet is not for me. Like most Apple product, too pricey for what it is. Can see selling for $25-40 tho. Will get the knockoff and still have enough to visit Starbucks for a week.
Yes, the knockoffs function very well.
Wait, you’re complaining about the wallet being “too expensive for what it is”, but are content paying $5-$10 for a cup of coffee?
@@nathanmccrary87 that’s different
I really love the ridge, but can't bring myself to pay 85 dollars when you can get a really good knockoff for 20 ...
Great analyis you sold me I would not be purchasing. Too expensive there are far too many better options out there.
Extremely overpriced for what it is no doubt.
Don’t lie to yourself you don’t need this is not even worth your money, yes they are pretty and they look fancy but is just stupid paying 100$ for this instead of cheaper ones about 30 bucks I came here trying to convince myself if worth it but is not