Why Is Snap-on So Expensive?
- 15 Aug, 2022
Snap-On is an American brand that specializes in manufacturing mechanical tools and cabinets with world-class quality. Sometimes you will see the appearance of this brand name in Hollywood blockbusters such as Iron Man 3 , or the Fast & Furious series. Besides its reputation for quality and brand recognition, Snap-On is also known by tool enthusiasts as an expensive, classy brand. So have you ever wondered why Snap-On is so expensive? Let's find out the reasons for this in the article below.
I. Reasons for the Expensiveness of Snap-On Tools
II. PHU THAI TECH is the official distributor of Snap-On in Vietnam.
I. Reasons for the Expensiveness of Snap-On Tools
1. Material quality
You can easily find a cheap screwdriver or wrench on the market today, but the quality is not guaranteed. Made from cheap materials, these products often have low durability and hardness, and are easily damaged during use.
No professional user wants to use a tool that is prone to chipping, abrasion, or breaking, as it is involved in their daily work. It is terrible if tool failure happens too often.
Today's high-end hand tools are made from high-quality alloys with carefully treated plating, And obviously, with the cost of ingredients, you won't find it easy to find one at a cheap price, no matter what brand.
The hardness and durability of Snap-On are always guaranteed at the highest level thanks to the material made from special steel alloy, which allows them to heat treat the tool at a higher temperature than other types of steel. At the same time, the nickel chrome plating helps Snap-On products have better corrosion resistance, increasing durability.
Snap-On tools always convince all users, especially professional workers. Obviously, with the intensity of work, and the value they create, users are willing to pay for a high-end tool to ensure work efficiency and above all, safety for themselves.
2. Production process
High quality materials but also need to go hand in hand with care in every step of production to have the most perfect tools.
Snap-On products are always manufactured in a clean and strictly controlled area, because during the process of pouring molten metal into the mold, a speck of dust or a small stone can destroy an entire batch of tools.
The people working in Snap-On's manufacturing plants are highly skilled, minimizing errors and ensuring that the final products are always of the highest quality.
However, the cost of a rigorous manufacturing process and the cost of highly skilled labor have never been low. In addition, most of Snap-On products are manufactured in the United States , a country with the most expensive labor costs and inspection costs in the world. This is an important reason affecting the final product price.
3. Customer base
Snap-On's main target audience is professional users. They are usually professionals who work in factories and work on projects.
For this group, the only thing they care about is the quality of the tool. With high intensity of work every day, they need a tool that is precise and durable to ensure the creation of the greatest value for the work they are doing. To meet that, these experts also understand that it will cost a lot to manufacture these types of tools.
In fact, what these professionals are doing creates value many times greater than the value of the tools they are using, so in a precise sense, Snap-On is demonstrating the right value to the right audience.
4. Warranty policy
Snap-On offers a 1-for-1 warranty against any manufacturing defects. This means that if the tool is defective, you can get a new one, all you need to do is keep your receipt. Warranty periods vary depending on the tool, but most Snap-On products come with a very long, even lifetime, warranty.
Snap-On is confident in the quality of their products, and it is very unlikely that a tool will fail due to a technical or manufacturing defect.
However, no tool company can guarantee that 100% of the tools will not fail and cause damage during use, and if this happens, with its policy, Snap-On will have to bear the full cost of replacing a new tool for the user. Therefore, Snap-On prices its products higher, and in fact, users are paying for a guarantee of service quality.
Usually, companies that offer warranties will charge higher prices than the market. This helps protect them financially in case of a breakdown. Of course, this policy is fundamentally beneficial to the user.
In particular, for products with lifetime warranties, the price trend will be even higher, because the warranty period for a product is very long, the probability of incurring costs to replace the tool will be higher.
5. Shipping fee
Snap-On distributes most of its products directly to the company or to partner stores. This allows them to ensure the quantity and quality of their shipments, but at the same time, they incur higher shipping costs, which are added to the final value of the product to the customer.
In particular, for users in Vietnam, the shipping cost from the US to Vietnam is very high, but users in Vietnam do not need to worry about this cost because it is completely extracted from the product price.
6. Support Services
This is mainly in the US, where Snap-On has a fleet of delivery trucks. The drivers of these Snap-On-branded trucks are also trained employees in the use of Snap-On tools. When delivering to any partner who needs technical support, these drivers will help support the partner so that they can become familiar with and use Snap-On tools most accurately.
The cost of training these personnel is also one of the factors that affect the value of Snap-On products. Many partners and experts are satisfied with this policy of Snap-On, which helps them a lot and does not cost them extra money for training costs.
7. Resale value
Because of their quality and longevity, Snap-Ons retain their resale value. Users can sell their used tools or cabinets for a small discount off what they originally paid for them. Some tools are even considered collectibles because of their incredible quality. As a result, Snap-On products tend to last a long time on the market.
Snap-On could miss out on future sales because users would buy their products from other users, so they had to sell their tools at a high enough price to ensure the company's long-term viability.
For users, they are still happy to buy Snap-On products, because even though they have to buy at a high price, the value of their tools still lasts a long time.
8. Brand value
Snap-On is considered the Apple of hand tools. Why is an iPhone so expensive? Not simply because of quality and service, it is expensive because of brand reputation, expensive because when you use it, outsiders will know that you own a world-class product.
Between two completely identical products, people will often tend to spend more money to own a brand with a reputation and proven quality.
Snap-On has invested heavily in building its image as a world-leading tool brand, and there's no reason for a top brand to be cheap.
The users themselves probably cannot accept the fact that they own a branded product at such a cheap price, which makes them lose confidence in the quality that the manufacturer invests in the product.
Another thing is when a brand appears in Hollywood blockbusters so many times like Snap-On, its value increases a lot. You are using the best of the best.
II . PHU THAI TECH distributes genuine Snap-On in Vietnam
There are many factors that affect the price of Snap-On products, and it is undeniable that the reputation that Snap-On has built has helped to increase the value of this brand's products a lot. However, the quality of Snap-On is completely worthy of the value it carries. If you are a user who really loves and understands this brand, what you should care about is a reliable Snap-On purchasing address rather than the product price.
From August 2022, PHU THAI TECH officially becomes the official distributor of Snap-On in Vietnam. This cooperation will bring many shopping advantages to fans of this world-leading high-end tool line:
- Reliable shopping address, with full import documents, genuine from the US.
- Ensure full promotion programs and warranty programs from the manufacturer.
- Super competitive price, same as US price but no US-VN shipping fee.
Speaking of PHU THAI TECH, many people know a company that represents and distributes genuine, high-end products from famous brands in the world such as PB Swiss Tools, Wera, KNIPEX, Facom, Garant, Hazet... and Snap-On is an important piece of PHU THAI TECH on the path to affirming its position as the LEADING HIGH-END HANDTOOLS distributor in VIETNAM .
And one thing that Vietnamese Snap-On enthusiasts cannot miss is the promotion on the occasion of GRAND OPENING Snap-On on the PHU THAI TECH system . The PRE-ORDER program with a discount of up to 15% is only applied ONE TIME ONLY from August 1 to August 31. Contact PHU THAI TECH now for detailed advice!
Learn more about the Snap-On brand and its important historical milestones in the article below:
https://phuthaitech.com.vn/blogs/news/tong-quan-ve-snap-on-thuong-hieu-dat-xat-ra-mieng-cua-my