Razor sharp pricing

I’d used my razor blades for too long and were long overdue for replacing. Yesterday at the supermarket here I noticed something interesting about the pricing of razors that I hadn’t quite noticed or paid attention to before. Nothing groundbreaking, but it just got me thinking and I thought I’d share…

Look at the picture which I captured at the supermarket (below). Notice the price of a new Gillette Mach 3 Turbo razor (top part) and then notice the price of a new set of razor blades (bottom part) – the set of blades are 1,000 Won more.

Prima facie you’d think that the razor itself should be costlier – more material, larger, has advertising costs built in, etc. There’s two reasons I can think of, off hand. Firstly, much of the innovation (and by extension, costs) clearly goes into developing newer better razor blades, while the actual razor (handle, etc) is pretty standard with only basic innovations to style and ergonomics. If you’ve seen a Gillette advert lately you’ll notice that it’s trying to sell you a sharper and cleaner but smoother and comfier shave. That lies almost entirely with innovations to blades and not the rest of the razor. The second reason has little to do with cost but rather opportunity. We all know the useful life of a razor handle is much much longer than that of a blade. So Gillette knows that it won’t make much money from selling more razors to people but from selling new blades when they come up for replacement. So it has to cash in on that and so, prices the blades at a premium.

Do share your thoughts if you think of any other interesting reasons!

20131118-230236.jpg

Advertisements

One thought on “Razor sharp pricing

  1. Its a damn ripoff. I have the old Gilette Sensor 2 Excel which had only 2 blades. The new blades of the Mach3 will not fit this handle. I don’t think the blades are compatible amongst later models either.

    In terms of pricing-well I suppose it yields esults to Gilette. As a consumer I don’t use the Gilette much now, I use the throwaway BIC razors instead for daily use. The Gieltte, because of the close shave, tends to be used only if I have aparty inthe evening or something like that.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s