Tired Hands (May 2017)

Discussion in 'Mid-Atlantic' started by NickCaff, May 2, 2017.

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  1. kdb150

    kdb150 Initiate (0) Mar 8, 2012 Pennsylvania

    Or maybe like every other consumer product, breweries are setting prices the way every merchant in the history of the free market has, by assessing consumer demand and pricing their product accordingly. Blaming Tired Hands for other breweries' prices is just absurd.
     
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  2. JackHorzempa

    JackHorzempa Grand Pooh-Bah (3,375) Dec 15, 2005 Pennsylvania
    Society Pooh-Bah

    Tired Hands has started a 'trend' and other breweries appear to be following.

    Cheers!
     
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  3. kdb150

    kdb150 Initiate (0) Mar 8, 2012 Pennsylvania

    Tired Hands can't make consumers want to pay higher prices than what market demand dictates. Neither can Forest and Main. The demand existed before either brewery ever opened its doors. If anyone is responsible for this "trend," it's the beer drinkers willing to plunk down the money. The breweries would be crazy to charge less than what people are willing to pay.
     
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  4. JackHorzempa

    JackHorzempa Grand Pooh-Bah (3,375) Dec 15, 2005 Pennsylvania
    Society Pooh-Bah

    Breweries will decide how to price beer based upon a number of business decisions. Tired Hands is capable of pricing their beers at 14, 16, 18 … 24 bucks a 4-pack because they serve a niche portion of the craft beer market. A craft brewing company that serves the broader craft beer market (e.g., Sierra Nevada Brewing Company) needs to price their beers lower in order to sell beers at the volumes they produce.

    Cheers!
     
  5. William_Navidson

    William_Navidson Pooh-Bah (1,557) May 1, 2015 Pennsylvania
    Pooh-Bah Trader

    Or, you know, because people are more than happy to pay that much. Being in a "niche portion" has nothing to do with that -- the primary pricing factor.

    Tired Hands is precluded from overpricing when the market no longer deems their product worthy of the cost in exactly the same way that Sierra Nevada makes the identical calculation, even if they arrive at different price points.
     
  6. JackHorzempa

    JackHorzempa Grand Pooh-Bah (3,375) Dec 15, 2005 Pennsylvania
    Society Pooh-Bah

    Yup, the customers who wait in the weekly lines are certainly paying the Tired Hands prices. How much of this is due the trading aspect?

    The niche I am referring to is the subset of the craft beer market who are both willing to wait in lines at releases to buy beer and willing to pay upwards of $24 for a 4-pack. These folks are indeed a very small subset of the overall craft beer buying market.

    Cheers!
     
  7. William_Navidson

    William_Navidson Pooh-Bah (1,557) May 1, 2015 Pennsylvania
    Pooh-Bah Trader

    Yes, that is Tired Hands's market. Their prices are so (relative to breweries like SN) high because this market supports this price point. This makes it a bit absurd to blame Tired Hands (or any brewery, for that matter) for beer prices when their beer sells out in a few hours (with few exceptions).

    Tired Hands aren't causing other breweries to up their prices in any sense -- consumers all over the country are driving the market, even if it is "very small" or "niche."

    It sounds utterly strange to criticize Tired Hands for these prices when there are far more consumers willing to buy at this price point than there is supply of canned beer.
     
  8. JackHorzempa

    JackHorzempa Grand Pooh-Bah (3,375) Dec 15, 2005 Pennsylvania
    Society Pooh-Bah

    The other area breweries are seeing what Tired Hands is doing and they are trying to replicate this sales strategy.

    Cheers!
     
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  9. William_Navidson

    William_Navidson Pooh-Bah (1,557) May 1, 2015 Pennsylvania
    Pooh-Bah Trader

    They are adopting this strategy because they are businesses that aim to make a profit, and Tired Hands's pricing model makes more money than do lesser prices. If consumers support the pricing of new breweries, then the breweries will make more of a profit. If customers do not support this pricing, then they will not make a profit and either lower their prices or go out of business.

    These are all big generalizations, obviously; but either way, the consumer is driving the prices, not Jean.
     
  10. kc1

    kc1 Zealot (561) Oct 26, 2007 Pennsylvania

    I for one blame tired hands for global warming.
     
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  11. JackHorzempa

    JackHorzempa Grand Pooh-Bah (3,375) Dec 15, 2005 Pennsylvania
    Society Pooh-Bah

    Jean raised the prices of certain brands from 16 to 18 bucks. The customers did not make those changes.

    Needless to say but customers are accepting those changes.

    Cheers!
     
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  12. William_Navidson

    William_Navidson Pooh-Bah (1,557) May 1, 2015 Pennsylvania
    Pooh-Bah Trader

    Yes, Jean made those changes because the customers are accepting those changes. If the customers did not accept those changes, then Jean would assumably react in the same way every other business would and lower prices. Therefore, once again, the customers are driving the price point, not Tired Hands.
     
  13. JackHorzempa

    JackHorzempa Grand Pooh-Bah (3,375) Dec 15, 2005 Pennsylvania
    Society Pooh-Bah

    Elmer likes to "drive" his car. :slight_smile:

     
  14. digdug1810

    digdug1810 Initiate (0) Mar 1, 2011 New Jersey

    jesus it's capitalism 101 .. people buy things at a price, things sell out.. seller decides to up the price... things still sell out... seller ups the price... people buy things still, things sell out... seller decides to up the price.. yada yada until the price stops going up because shit isn't selling out

    it's a pretty easy formula here everybody.. if you don't like it don't buy it, if you like it but don't like the price don't buy it or tough luck etc.... sometimes it sucks to accept that things you may want are out of your price range comfort but shit happens... lots of options out there to all of us
     
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  15. William_Navidson

    William_Navidson Pooh-Bah (1,557) May 1, 2015 Pennsylvania
    Pooh-Bah Trader


    No no, the most basic economics principles don't apply here! It's that evil board at Tired Hands forcing consumers to buy their beer at certain price points thereby creating unstoppable trends that other breweries are forced to follow!!
     
  16. digdug1810

    digdug1810 Initiate (0) Mar 1, 2011 New Jersey

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  17. KingforaDay

    KingforaDay Pooh-Bah (2,445) Aug 5, 2010 New Jersey
    Pooh-Bah Trader

    All those who are constantly bitching and complaining about TH prices remind me of the Stone Arrogant Bastard tagline:
    "It's not too expensive, you're too cheap"

    Nobody's holding a gun to anyone's head to wait on line and buy this stuff.
     
  18. dxtxxii

    dxtxxii Initiate (0) Dec 1, 2016 Pennsylvania

    I see it as paying a premium price for a premium product. Craft beer is a hobby for me, at least, and while it is expensive, there are other hobbies out there that I could be spending as much money on.


    As an aside, even with all the events Tired Hands has been posting about, there should still be a can release this week, correct?
     
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  19. NickCaff

    NickCaff Initiate (0) Apr 9, 2009 Pennsylvania

    I would image - that is a cash cow that is hard to ignore.
     
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  20. jmdrpi

    jmdrpi Grand High Pooh-Bah (8,989) Dec 11, 2008 Pennsylvania
    BA4LYFE Society Pooh-Bah

    I would agree that there is blame on the customers as well as the breweries. Customers are what allow the practices to go unchecked.

    But I feel new breweries like Levante or Sole wouldn't have tried their bullshit of encouraging lines without the precedence of Tired Hands and other breweries that cater to the beer trading market.
     
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