Thread: Honing cost inflation.

Originally Posted by thebigspendur

So, what's the point of this thread?

items that are technology driven usually become cheaper over time and things that are labor intensive become more expensive and if manufacturers collude those items become really expensive. There is no formula to calculate price increases based on time and inflation that will be accurate for all items. You can complain about $4 a gallon gas (in the U.S-har har), or 40 grand for a new car and if you want you just don't buy it.

It's Like the folks who complain about a price on Eboy. The seller can set whatever price he wants. The market dictates the selling price and if Jimmy decides to hone for fun and profit and charges $100 to hone a simple razor and $500 to do a complicated job that's his right and folks will decide whether to patronize him or not.

It's like that old saying, everyone complains about the weather but no one can do anything about it.

Holly crap. I wish I could get gas at $4 a US gallon. I haven;t seen prices that low for a really long time.

Originally Posted by thebigspendur

The market dictates the selling price and if Jimmy decides to hone for fun and profit and charges $100 to hone a simple razor and $500 to do a complicated job that's his right and folks will decide whether to patronize him or not.

Okay, okay, I'm considering it ......... only brand new complicated razors though and no wedges ............

Originally Posted by RezDog

Holly crap. I wish I could get gas at $4 a US gallon. I haven;t seen prices that low for a really long time.

Yea, even down here I have not seen 4 buck a gallon gas in a good long while. You might come close if you cheat using a US gallon though but Imperial gallons no way.

Bob

Off topic , then you will hate us down here it's 1.79 today at the Shell station, when I worked I hated cheap oil prices as right now most of the drilling rigs are stacked out right now, but I guess it's all relative. Tc. Somebody has to win and somebody losses , Jimmy at that rate you will need to turn out at least 2 wedges a week

One potential benefit of honing prices getting up there is that it might actually make people do some homework about who they send their razors to for honing.

What does a mechanic charge per hour? An electrician? Plumber? We may not fully appreciate it since we are always talking about it on the forum but razor honing is a niche and rare skill in the grand scheme.

In any event, for openness and transparency here's how I work out my rate when I hone. I base it off an economic concept known as opportunity cost: the maximum loss incurred by choosing an alternative action. In my case, by honing a razor I could be giving up a half hour consulting to, say, the Government. My current hourly consulting rate to Government is around $500 before tax.

Some razors only take 20 minutes to hone, some take a half hour, some you come back to. So on average a straightforward razor might take say 30 minutes. That's why I charge $250 a razor to hone them. I don't want to lose customers, so I absorb the capital outlay costs of the hardware like stones, water rates, electricity and so on.



James.

Originally Posted by tcrideshd

Off topic , then you will hate us down here it's 1.79 today at the Shell station, when I worked I hated cheap oil prices as right now most of the drilling rigs are stacked out right now, but I guess it's all relative. Tc. Somebody has to win and somebody losses , Jimmy at that rate you will need to turn out at least 2 wedges a week

Don't hate anyone down there just wish we'd catch the same break at the pumps. To put it in perspective your price per US gallon when you convert to our dollars and divide that to get price per liter it works out to $0.63 for you and $1.15 per liter for us. Hard to shed a tear for the oil patch at that rate.

Bob

Originally Posted by Razorfaust

Maybe pure speculation but I doubt many in this biz rely on it as a single source of income. I tend to see it as something that fills spare time. But feel free to tell me I am wrong.

It beats asking" Would you like fries with that", while wearing polyesther pants.
And I can sit and take care of the family while I hone.
Rarely do I hone for others but it beats being a greeter at Walmart with rude customers.

Originally Posted by RezDog

Holly crap. I wish I could get gas at $4 a US gallon. I haven;t seen prices that low for a really long time.

Paid $1.75 a gallon today. I flashed back to the 1980s, Gave the guy a $20 and had to go back in for the change.
Maybe if we send our straights to China we can get them done for $5 a blade.
Aint my style wont ever be.
What is a craftsmans Time and tools worth?? A good reputation is priceless. Combined all those factors.
What about IF Lynn and Glenn get carpal tunnel after all those blades?
Give a man a fish feed him for a day.....
You decide the price of poles and lures.

I charge based on how much I like the person who wants the hone. I might also discount it if I really enjoy the test shave

Originally Posted by ultrasoundguy2003

Give a man a fish feed him for a day......

Teach a man how to fish and he sits and drinks beer all day...