Am I missing something?????????

Last thought:

It's hilarious that Chinese products get bashed for being sold at low prices and for being sold at high prices. People complain about not being able to compete with low priced imports and then when there are high priced imports they complain that the price is too high.

We want Belgian Cloth and Balls, German Cars, Italian clothes, Ming Dynasty Art, Candian Maple Syrup, English Cheese, French Wine, etc..... but we complain when our consumer goods are made in China. Doesn't that seem a tad hypocritical?
 
Last thought:

It's hilarious that Chinese products get bashed for being sold at low prices and for being sold at high prices. People complain about not being able to compete with low priced imports and then when there are high priced imports they complain that the price is too high.

We want Belgian Cloth and Balls, German Cars, Italian clothes, Ming Dynasty Art, Candian Maple Syrup, English Cheese, French Wine, etc..... but we complain when our consumer goods are made in China. Doesn't that seem a tad hypocritical?

It scares me evertime you point out something that shoul've been common sense :thumbup:
 
Last thought:

It's hilarious that Chinese products get bashed for being sold at low prices and for being sold at high prices. People complain about not being able to compete with low priced imports and then when there are high priced imports they complain that the price is too high.

We want Belgian Cloth and Balls, German Cars, Italian clothes, Ming Dynasty Art, Candian Maple Syrup, English Cheese, French Wine, etc..... but we complain when our consumer goods are made in China. Doesn't that seem a tad hypocritical?

blah blah blah....keep typing......blah blah...oops, missed another point!.....blah blah blah......Hoo-Ray for china! Hoo-Ray!.......blah blah blah.....Man this dog steak is delicious! (yup they still eat dog there). lol!!!!!!!!!!! Whew! cough....hack......lol.....China is better than Disney Land! lol, China is like a water park in the summer......freakin crowded! lol. ok, back to the good ol AMERICAN beer...Ill be back...
 
I did not know this. Thanks for the information. I have played with a Predator for many years. My shafts are 1st generation but my butt is 2nd. I've had it a while so I would say it was made here in USA. If I wanted to play with a cue made in a sweat shop I would buy a Mali. I guess it is time for me to start looking for a different model.

You didn't know about this? there were numerous threads on the topic on az
 
Before I say what I'm gonna say... I don't use Predator nor would I. Not because of the company or the product, it's just that I use a different cue and like that shaft from the cue maker.

That being said, if Predator can increase margins by manufacturing their stuff in China - what's the issue? For some reason (that I'm not aware of), China seems to be associated with lower quality and that's not really true.

It's very American of us to think that, but in the grand scheme of things - it's not a China-thing if a product is made like shit - it's the statement of work and quality control of the manufacturing process that determines the final product. The last time I checked, there were a lot of American things I've bought in the past that were total shit as well.

The last time I was in China, I had a tour of the Tsingdao Beer factory and I was really impressed. This manufacturing process is extremely complicated and they make a fine beer, I might add. I also believe they're the 2nd largest beer maker on earth. I also had a tour of the Haier refrigeration company. If you've bought a small refrigerator to put near your pool table, it's probably a Haier and it's made in Shandong. They're one of the top in the world as well.

I'm not trying to pump-up Predator, but those who use those shafts swear up and down on them. Let's face it, the quality is just fine even though it's made in China. Every time I see Predator at a trade show, they have one of the very nicest set-ups and booths as well.

Yes, the workers in China make FAR less than U.S. workers - but the cost of living is far less - so everything is in proportion. In a world economy, manufacturing and labor no longer have to operate in your back yard. I outsource my programming to Barcelona, Spain and Hamburg, Germany. Over time, the labor rates will go higher in China and the cost of living will increase - and the U.S.'s will likely dip - and there will be an equilibrium.

If China is known for crap cues, it's probably because they just started. Give them time and they'll put out equal stuff for less money for SURE.
Predator is a good example.

I'm sure they're over there laughing about Eddie Wheat and a few others who may not be a good example of American ingenuity.

P.S.
Warped shafts aren't a China problem. I've had a few here in the states, we all have. Hate to defend China, but if we're not educated on what's happening over there, they'll run over us in 10 years instead of 50.

chinese products aren't crap, i think they're just working out the kinks in the manufacturing process.

i would like to add that i prefer to use US products. especially with the poisoned dog food and led covered toys that china's been pumping out.
 
It almost looks like you are eating quail.... at least to me. Actually China have a huge population so we don't need help with the food :D lol (You see how I got so damn big).

I don't really chime in on this subject of people bashing on China made products, because personally I think people will be childish about it and start attacking my nationality and say I only say those things because I am Chinese.

Only one thing to say here:
Predator is a business, when can you have a successful business? When you can lower production cost (Outsourcing to China) and still charge a high price and have a high demand for your product (Still happening all over), you have a damn successful business. That's the reason why they are made in China. You might not think about this, but then again I haven't read all the post in the thread. Maybe if you think paying a $1000 for a Chinese made Predator is expensive, you might be paying well over $2000 for an American made Predator. A lot of people here in the U.S are not willing to do the same work the Chinese are doing for the price they are charging. But than again, what do I Know, I am just looking at it at an overall business standpoint.

Happy shooting! :)

Chino

they're making the most out of their business sure. but actions like these only end up hurting working class americans in the end.

i'm betting the unemployment rate would be lower if we hadn't moved so many jobs to china. these businesses were making money here in the states having their products manufactured stateside. but someone realized they could make more money if they could lay off a factory full of americans and move production somewhere else
 
they're making the most out of their business sure. but actions like these only end up hurting working class americans in the end.

i'm betting the unemployment rate would be lower if we hadn't moved so many jobs to china. these businesses were making money here in the states having their products manufactured stateside. but someone realized they could make more money if they could lay off a factory full of americans and move production somewhere else

Did it ever occur to anyone that maybe the choice between moving production out of American is a choice between staying in business or not staying in business?

If a company cannot make enough money to pay it's employees and it's suppliers then it is bankrupt and the jobs are lost as well.

You act as though it's a bunch of executives sitting around a table and deciding to move production offshore JUST BECAUSE it's better on the balance sheet. If only life were that simple.

When you move production offshore you have to figure the added expenses of extra quality control, extra vigilance over the supply chain, extra legal work to protect your intellectual property, government regulations in every country your goods pass through, translators, and translating all your contracts into another language, delays due to cultural differences and foreign holidays, delays due to government issues and
inconsistency, relationship building, travel back and forth, customs duties, and information leakage to your competition.

This is NEVER an easy decision for a company to take their production and move it far away from their control. It is never an easy decision to close a factory and lay people off. I don't really know where people get off thinking that there are some executives just sitting around and wiping out factories like moving pieces on a Monopoly board.

Let me explain how this works.

In order to CREATE a job someone or a group of someones has to INVEST in an enterprise. Those investors are in it to make as much profit as they can because that is where they continue to get more money to INVEST. When the expenses of the enterprise exceed the income and the enterprise stops paying dividends to the investors then the investors demand that they continue to earn money from their investment.

One way to do this is to cut expenses, which are labor, materials, advertising, benefits, building upkeep etc.... If income can be maintained with lower expenses then investors can continue to get dividends from their investment.

So basically the enterprise exists to benefit the INVESTORS first and not the employees.

Who are these investors? All of us that have our money in retirement accounts that are invested in mutual funds.

I own no stock. But everyone that does wants their investment to increase in value. And sometimes keeping a positive balance sheet means eliminating high cost labor in favor of lower cost labor.

This SUCKS for the working class person but it's just a fact of life. Jobs come and go depending on the economic and competitive environment.

Everyone who works for someone else has to live their life as if their job could be gone tomorrow. But we don't - we spend as if the job will be there forever. Don't make this into a class warfare issue as if it's the executives against the factory workers. It's not.

Here it how I think business should be run and this is not my idea, it's been successful for many businesses;

I am in favor of open book accounting. In this type of system everyone in the business is completely aware of the businesses financial health and they all are responsible for the bottom line. This way the employees make extra efforts not to waste time and resources. Each person working there isn't just drawing a paycheck they are invested in the business and work harder to protect their investment.

There are so many factors in business, and especially in corporate business, that it impossible to make simple sweeping declarations like those greedy suits went overseas just to make more money. Well yes they did but it isn't a matter of greed, it's a matter of survival and responsibility to the investors.

To keep this very simple and pool related. If you owned a pool room and your employees all got together one day and demanded a 50% raise and you got out the calculator and determined that if you gave them this raise then you would be out of business in a month then you would have to fire them in favor of cheaper labor.
 
JB,

Wow you need to learn to read..I never set your prices metioned the quality of chinese products good or bad etc.

There is a difference bewteen foriegn investing and moving your shop/factory overseas

Be honest your there for YOUR bottom line.....More PROFIT

There are americans here making far less profit who feel it is their right and responsibility to to keep americans employed even a the cost of their bottom line.

So when you go to your chinese Dairy queen and pump even more money into the chinese economy by all means if it makes you happy great
PLEASE STAY THERE

Granted pool products being produced overseas is an extremely small piece
of the pie of the much larger problem here in the U.S.

My helping an american cuemaker or case maker and pumping money into the U.S. economy makes me feel better..thats my bottom line.

AZ'rs are smart they can see through the bs.....and az is worldwide
The Phillipino's, Germans, Chinese, Irish etc. all have to do whats right for each one them I don't begrudge them that right.

All I ask... If the chinese goverment confiscates your business or puts you in jail for the good of the state don't come crying to U.S.
 
JB,

Wow you need to learn to read..I never set your prices metioned the quality of chinese products good or bad etc.

There is a difference bewteen foriegn investing and moving your shop/factory overseas

Be honest your there for YOUR bottom line.....More PROFIT

There are americans here making far less profit who feel it is their right and responsibility to to keep americans employed even a the cost of their bottom line.

So when you go to your chinese Dairy queen and pump even more money into the chinese economy by all means if it makes you happy great
PLEASE STAY THERE

Granted pool products being produced overseas is an extremely small piece
of the pie of the much larger problem here in the U.S.

My helping an american cuemaker or case maker and pumping money into the U.S. economy makes me feel better..thats my bottom line.

AZ'rs are smart they can see through the bs.....and az is worldwide
The Phillipino's, Germans, Chinese, Irish etc. all have to do whats right for each one them I don't begrudge them that right.

All I ask... If the chinese goverment confiscates your business or puts you in jail for the good of the state don't come crying to U.S.

First, you try to set my prices when you start to talk about how much I earn and what you think I should do with it. When you try to DICTATE to me what I should pay, who I should pay it to, and where I should make my stuff then you are also trying to set my prices.

Secondly, I didn't MOVE my business to China, I started my business in China, just like I started my first business in Germany.

Thirdly, honestly since you asked, I am HERE because this is where I can design products and get things done with the means of production on just about everything I need to get done within two hour's drive of my office. There is no other place on Earth comparable to China, in terms of convenience and geographical proximity when you are dealing with a diverse range of products that need to made. I am here because my boss asked me to be here. And personally I am here because I like living here.

Fouthly, you are right, there are American companies who keep their production in the USA for whatever reason. You have have no clue what the reasons are. You have no clue what their margins are. I guarantee you that 99% of companies that are faced with bankruptcy or moving production somewhere else will choose to move their production. The thing is that the decision to move production outside the USA is complicated for companies big and small. It's not as easy as you make it seem. However for the companies that have production in the USA it sure is convenient to "market" themselves as patriotic. I could give you an example of a company in the Billiard Business that loves to wrap themselves in the FLAG and trumpet around how they produce in the USA and half their stuff comes from China. But face it, 99% of business is not CHARITY, it's just business that has to survive in a competitive environment. There is no doubt that the rise of production in lands where labor is cheaper has affected the landscape. That's the way it goes. Someday, well it's already here in some cases, the Chinese labor will be too high priced and business will move on until the whole world is working for the same wage. Maybe that means that Americans earn less on average in the future and the Chinese earn more but that's how the world balances out. There is no reason why the Chinese should live in hovels while you enjoy having cable tv in your bathroom. You don't want to be told how to live and neither do they. So if an American company keeps people working at the expense of their bottom line then that's great for the people working there, it's smart business as well as being a good corporate citizen. However you can't just paint the companies that do outsource with a broad brush and say that it's all greed motivated.

Fifthly, you are right, AZ'ers can see through the BULLSHIT. They know that we live on a globe and that there are 300 million Americans and 3.7 BILLION other people on the planet. It's awfully funny but there are so many foreign AZ'ers who LOVE to buy cues and cases that are made in America. If they all followed your way then there would be a lot of American cuemakers with less business.

Lastly, I'd BET my entire net worth against yours that IF a Chinese person were to come to the USA and invest in a cue making shop and put 15 people to work that you would APPLAUD him and WELCOME him and BOW DOWN and KISS HIS FEET. Your silly arguments about people only being allowed to set up shop in their own country and trade with other countries from that base would go right out the window if that happened.

And IN FACT foreign companies have invested and continue to invest in production facilities in the USA. Very often with TAXPAYER funded incentives to ENTICE them to come. At BIG ASS shows here in China the States, as in INDIVIDUAL US STATES, set up booths which are geared towards getting Chinese companies to set up operations in those states. They are playing the game just as hard to get foreign companies to INVEST in the USA.

The fact is that you have no real clue about the intricacies of business, neither on the small business level or on a larger scale.

I am the most anti-corporate person you could ever meet. But it's not because I am left wing hippie love child railing against the man. It's because I understand the nature of the beast and how complicated large organizations (which is an oxymoron) are.

I am not against voluntarily taking less profit and sharing the wealth. BUT it's to be VOLUNTARY and not government mandated. Let labor go where business pays them what they want - let business go where they can buy labor for the price they want to - it all BALANCES out naturally.
 
JB,
So when you go to your chinese Dairy queen and pump even more money into the chinese economy by all means if it makes you happy great
PLEASE STAY THERE

The majority of investors for corporations like Starbucks, Pizza Hut, McDonalds, Wal-Mart, Dairy Queen, etc are AMERICANS. When franchises of those businesses open outside the USA then the franchise fees go towards growing the revenue and profit of those corporations which then BENEFITS the shareholders, of which the majority are AMERICANS. When your retirement account is invested in BLUE CHIP stocks through a mutual fund you had better HOPE that the companies you are invested in are trying to earn more profit and stay healthy and grow your investment. So when I deliberately go and pay $4 for a Blizzard in China I am RETURNING money to the USA in the form of franchise fees.

My helping an american cuemaker or case maker and pumping money into the U.S. economy makes me feel better..thats my bottom line.

Clap clap. You're are tugging at my heartstrings here. You're a swell guy. Now tell all the foreigners who were considering buying an American made cue to follow your lead and buy a cue made in their country instead. Whatever makes you feel better, you should do it. In fact you should get off the internet right now and go get in your car and travel to the cue maker who is farthest away from you so that you can benefit the economy even more. The gas stations, the restaurants, the motels all of them along the way will appreciate your money. And when your are doing all of the money pumping do you evaluate which cue maker or case maker has the most need of having money pumped to them? Do they send in resumes to you showing their profit and loss statements, how many people they employ, if they are current on their taxes, and so on???

You do know that America's greatest cuemaker wasn't born in America don't you? George Balabushka emigrated to America and set up shop here. By your rules he was a traitor to his native country.


AZ'rs are smart they can see through the bs.....and az is worldwide
The Phillipino's, Germans, Chinese, Irish etc. all have to do whats right for each one them I don't begrudge them that right.

Yes, in fact YOU DO begrudge them the RIGHT to purchase what they want from whom they want to.

All I ask... If the chinese goverment confiscates your business or puts you in jail for the good of the state don't come crying to U.S.

I won't - I don't ask the government to be my mommy. But while we are on this subject who do you cry to when the US GOVERNMENT confiscates your business and throws you in jail for "the good of the state"? It happens quite often in the good ole' USA.

Are you out of rhetorical red herrings yet?
 
The majority of investors for corporations like Starbucks, Pizza Hut, McDonalds, Wal-Mart, Dairy Queen, etc are AMERICANS. When franchises of those businesses open outside the USA then the franchise fees go towards growing the revenue and profit of those corporations which then BENEFITS the shareholders, of which the majority are AMERICANS. When your retirement account is invested in BLUE CHIP stocks through a mutual fund you had better HOPE that the companies you are invested in are trying to earn more profit and stay healthy and grow your investment. So when I deliberately go and pay $4 for a Blizzard in China I am RETURNING money to the USA in the form of franchise fees.



Clap clap. You're are tugging at my heartstrings here. You're a swell guy. Now tell all the foreigners who were considering buying an American made cue to follow your lead and buy a cue made in their country instead. Whatever makes you feel better, you should do it. In fact you should get off the internet right now and go get in your car and travel to the cue maker who is farthest away from you so that you can benefit the economy even more. The gas stations, the restaurants, the motels all of them along the way will appreciate your money. And when your are doing all of the money pumping do you evaluate which cue maker or case maker has the most need of having money pumped to them? Do they send in resumes to you showing their profit and loss statements, how many people they employ, if they are current on their taxes, and so on???

You do know that America's greatest cuemaker wasn't born in America don't you? George Balabushka emigrated to America and set up shop here. By your rules he was a traitor to his native country.




Yes, in fact YOU DO begrudge them the RIGHT to purchase what they want from whom they want to.



I won't - I don't ask the government to be my mommy. But while we are on this subject who do you cry to when the US GOVERNMENT confiscates your business and throws you in jail for "the good of the state"? It happens quite often in the good ole' USA.

Are you out of rhetorical red herrings yet?[/QUOTE]

blah blah blah.........I love China.......blah blah blah.....Look at me everyone, I can type a lot of long words!....blah blah blah....
 
blah blah blah.........I love China.......blah blah blah.....Look at me everyone, I can type a lot of long words!....blah blah blah....

Man, you really cracked didn't you? Need a bottle of Irish whiskey to calm you down? I am sure I can find you some made in China.
 
Russia has a larger percentage of the world's wheat than the US, but how many people would stop eating Wheaties or cream of wheat if there was a discovery of where all the wheat may come from?

It's a lie. Eddie Wheat told me so.


Fact.
America's national debt is somewhere like 11 Trillion?
http://en.wikipedia.org/wiki/United_States_public_debt
Think how it relates to the topic. If you can't find it, you clearly don't know what's going on.


I love how people whine like little cry babies about everything. Oh the Mexicans are stealing our jobs! Kick them out! Oh the Chinese are stealing our jobs! Take it back!

Fact: As the people in countries become more affluent, there is a lower percentage of people whom are willing to do hard labour for minimal wage. Can i hear the word STRIKE echoing around? Chants of better working conditions, better pay, bla bla bla. Then as a consumer, you complain about the cost of living going up. Part and parcel of life, labour cost goes up, product prices go up. Why are products so expensive these days? I wonder WHY? So what do corps do? Find a cheaper way out. Duh? China? India? etc.

China products inferior? Well, to a certain extent yes and no. As many have probably said by now, there is the good and there is the bad. It just boils down to how much the company is willing to profit and spend.

At the end of the day, accept what is to come and how life still goes on. Brace yourself for the change, and love it. If you don't flow with it, you'll be left behind in the dust rotting.

P/s: Go on ...... flame me. I know you want to. :P
 
Last edited:
I have used several Chinese chains, swivels, shackles etc... and it's definitely inferior to American made. Anything I've bought that was stainless breaks into a hundred pieces before long. Now, if it's affordable I buy American products and sometimes when it's not. Some products I just can't take a chance with due to making the job too dangerous to use them.

I don't blaim the people for this, I'm sure it's a manufacturing problem and some American somehow might be to blame for it. The people are just like us and are just trying to get by and are probably doing the best job they possibly can.
 
So staying on topic lets review and I quote

"Anyhow, my question is, how in the hell does Predator move all its production to China, and still charge 1000 bucks for a cue???"

Lets break it down
Chinese labor $1 day + 15 days to build cue= $15
Raw materials = $30 doallars
Renting Slow boat from china = $20

$1000 - $65 = $935 Profit

For the outstanding patriotic American businessman who moved his business overseas.

and JB to help save my fellow AZer the typing and so you can better understand I'll say it with a chinese accent Brah Brah Brah Brah.....

I don't blame the mexicans or the chinese for stealing jobs.

I don't care if the products are superior or inferior.

I do blame the American corperate CEO's/businessmen that only care about the bottom line wether it hurts this country or not.

Oh and as for George Balabuska for someone to immigrates to this country APPLIES FOR CITIZENSHIP sets up a business here AND TRYS TO MAKE A GO OF IT as an American.... maybe even hire american workers....cudos.

It Is different than being a U.S. citizen hypocrite/traitor with a business in china and living there keeping his U.S.citizenship like parachute...exploiting the cheap labor and keeping more americans out of work.

Oh and JB I thought I'd be nice and help you with a nickname so you can post in the other thread here on AZ

"Benadict "round eye" Arnold
 
It's a lie. Eddie Wheat told me so.


Fact.
America's national debt is somewhere like 11 Trillion?
http://en.wikipedia.org/wiki/United_States_public_debt
Think how it relates to the topic. If you can't find it, you clearly don't know what's going on.


I love how people whine like little cry babies about everything. Oh the Mexicans are stealing our jobs! Kick them out! Oh the Chinese are stealing our jobs! Take it back!

Fact: As the people in countries become more affluent, there is a lower percentage of people whom are willing to do hard labour for minimal wage. Can i hear the word STRIKE echoing around? Chants of better working conditions, better pay, bla bla bla. Then as a consumer, you complain about the cost of living going up. Part and parcel of life, labour cost goes up, product prices go up. Why are products so expensive these days? I wonder WHY? So what do corps do? Find a cheaper way out. Duh? China? India? etc.

China products inferior? Well, to a certain extent yes and no. As many have probably said by now, there is the good and there is the bad. It just boils down to how much the company is willing to profit and spend.

At the end of the day, accept what is to come and how life still goes on. Brace yourself for the change, and love it. If you don't flow with it, you'll be left behind in the dust rotting.

P/s: Go on ...... flame me. I know you want to. :P

man that is my point. I am all for safe working conditions and a days pay for a days work. I have seen people die where I work, I walked by a guy who had the top of his head cut off a couple minutes after I walked by him. Safety SHOULD be a top priority anywhere labor is being done. My question, or statement rather, is Predator(along with many many other companies) moved their production to china, and the cost of their products still went up. why? They were not happy with making 200% profit, they need that 900%. I hate to single out predator, cuz they are just one of many greedy companies, and the ironic part is, I just got back from shooting, and I borrowed a 314/2 to use on my schon. Im not flaming you, I respect your opinion and views. I just dont respect some others on here at all.
 
man that is my point. I am all for safe working conditions and a days pay for a days work. I have seen people die where I work, I walked by a guy who had the top of his head cut off a couple minutes after I walked by him. Safety SHOULD be a top priority anywhere labor is being done. My question, or statement rather, is Predator(along with many many other companies) moved their production to china, and the cost of their products still went up. why? They were not happy with making 200% profit, they need that 900%. I hate to single out predator, cuz they are just one of many greedy companies, and the ironic part is, I just got back from shooting, and I borrowed a 314/2 to use on my schon. Im not flaming you, I respect your opinion and views. I just dont respect some others on here at all.

Why are you assuming you know what Predator's margins are? You spout numbers like you know but in fact you are completely ignorant of what Predator's expenses vs. revenues are. People complain about the lack of sponsorship in pool and then when you have a company like Predator that pumps money BACK into the game through CASH sponsorships you can do no better than to rag on them for their "assumed" high profits.

So, let use you partner in ignorance's numbers and assume that a $1000 Predator cue costs $65 to make (IT DOES NOT) but for the sake of making a point let's say that it does cost $65 to make and get to the USA.

And let's say that someone buys that cue for $1000. Where does the $935 end up?

Well first of all about $500 goes to the RETAILER who sold the cue. That's $500 that goes towards paying that retailer's overhead, paying their employees, rent suppliers, etc....

Then that leaves $435.

$15 goes to UPS for shipping the cue to the dealer. UPS uses that money to pay their drivers, loaders, sorters, and paper pushers.

$20 goes to Billiard Digest, Inside Pool, AZ Billiards, Pool and Billiards, and these companies use that money to pay their staff, suppliers, overhead etc....

$20 goes to whatever tournaments that Predator sponsors. Those tournament use the money to pay expenses, add money to the prize fund etc...

$50 goes to pay the employees who work at Predator in shipping, receiving, paper pushing, customer service etc....

$10 goes to employment taxes for all the employees.

$10 goes to pay the rent.

$5 goes to the sponsored players.

$5 goes to pay for ongoing research.

$10 goes towards travel expenses.

$5 goes to the utilities.

$5 to taxes.

$20 bucks to other miscellaneous expenses.

Total expenses $175

Cost of the cue: $65
Related Expenses $175
Total cost of the cue: $240
Revenue: $435
Net Profit: $195 Using your and my FICTIONAL example.

Money that goes to China - $65
Money that stays in AMERICA $935.

Where does that $195 go? It's paid to the INVESTORS as DIVIDENDS which they then pay INCOME TAXES on - OR it's reinvested in the business in order to GROW the business and used to BUY more things that the business needs from other suppliers.

That's how business works. Knowledge, try it - it's good.

Now for some homework, imagine that the $1000 Predator cue actually costs $200 to make and none of the other expenses ($175) have changed. What does that do to the profit margin?
 
Last edited:
A little rep that I have received:

--- "Rep to you for refusing to give up in the face of ignorance here. Guys like snipershot make me ill."

--- "Because it comes down to global perspective, most US citizens are never going to get your point, John, but kudos to you for trying."

--- "Well put JB.... When I went into the Corps I knew what I was going in for and what I was defending, and pledging to. Most are too wrapped up in McDonald's and gaming systems to get the basic ideas even...."

I showed you mine now you show me yours.
 
Why are you assuming you know what Predator's margins are? You spout numbers like you know but in fact you are completely ignorant of what Predator's expenses vs. revenues are. People complain about the lack of sponsorship in pool and then when you have a company like Predator that pumps money BACK into the game through CASH sponsorships you can do no better than to rag on them for their "assumed" high profits.

So, let use you partner in ignorance's numbers and assume that a $1000 Predator cue costs $65 to make (IT DOES NOT) but for the sake of making a point let's say that it does cost $65 to make and get to the USA.

And let's say that someone buys that cue for $1000. Where does the $935 end up?

Well first of all about $500 goes to the RETAILER who sold the cue. That's $500 that goes towards paying that retailer's overhead, paying their employees, rent suppliers, etc....

Then that leaves $435.

$15 goes to UPS for shipping the cue to the dealer. UPS uses that money to pay their drivers, loaders, sorters, and paper pushers.

$20 goes to Billiard Digest, Inside Pool, AZ Billiards, Pool and Billiards, and these companies use that money to pay their staff, suppliers, overhead etc....

$20 goes to whatever tournaments that Predator sponsors. Those tournament use the money to pay expenses, add money to the prize fund etc...

$50 goes to pay the employees who work at Predator in shipping, receiving, paper pushing, customer service etc....

$10 goes to employment taxes for all the employees.

$10 goes to pay the rent.

$5 goes to the sponsored players.

$5 goes to pay for ongoing research.

$10 goes towards travel expenses.

$5 goes to the utilities.

$5 to taxes.

$20 bucks to other miscellaneous expenses.

Total expenses $175

Cost of the cue: $65
Related Expenses $175
Total cost of the cue: $240
Revenue: $435
Net Profit: $195 Using your and my FICTIONAL example.

Money that goes to China - $65
Money that stays in AMERICA $935.

Where does that $195 go? It's paid to the INVESTORS as DIVIDENDS which they then pay INCOME TAXES on - OR it's reinvested in the business in order to GROW the business and used to BUY more things that the business needs from other suppliers.

That's how business works. Knowledge, try it - it's good.

Now for some homework, imagine that the $1000 Predator cue actually costs $200 to make and none of the other expenses ($175) have changed. What does that do to the profit margin?

Spot On! Great Post.
 
Back
Top