We'll give two very good example's of were saving a few dollars and sacrificing quality in the initial price will cost you more than having saved. Lets say you are shopping at grocery store "A", you're picking out your groceries for the week and at store "A" they have your favorite item but its more expensive then the "lesser" priced item next to it, so you purchase the less priced item instead. When you arrive home you begin to eat/use that item at notice that its not at all the same as the quality item, so you toss it aside, don't use or throw it away... either way you have already lost money. Ok lets take another example, same situation
but a bit different version, you're at store "A" shopping and they have the item you want for $5.00, you just remembered store "B" has it for $4.00, so you head across town and purchase that item for $4.00, you just saved yourself $1.00 right? Wrong... you just lost $2.00 on gas to save a dollar! OK, given the situation we know that may be a bit extreme but you get the point.
In most cases everyone is looking for the best product and/or service at a very low cost, it's just a known fact! Just how much of a "low" cost is the question at hand. Keep in mind, 99.9% of the time the lower the cost usually means less quality! A general rule that we use for comparison is the 5% rule, what is the "5%" rule you ask? Let take an irrigation system for example (... as we will throughout all of our examples), lets say you are pondering on having an irrigation system installed for your home/business and you get 3 to 5 estimate's/ quote's (...as we "highly" recommend, view our "
About estimates" page) and you will notice the differences in prices. Now days most irrigation contractors will not include a list all the product information, a map of the layout design and other vital information as we do with all our estimates ( in which makes it hard to compare so as we say " buyer beware" and to avoid those type of estimates).
Ok, lets get back on track here and say that its a perfect world and you have 3 estimates that do include those items, now the 5% rule come into play. Lets take for example company "A" estimates a system for $2,750.00, company "B" comes in at $2,625.00 and company "C" estimates it at $2,000.00. Company "A" and "B" fall into that 5% margin difference as company "C" comes in much cheaper than "A" or "B", around 24 to 27 percent lower. How can this be, its the same system for so much less? Not at all... "its cheaper for a reason"! Now its time for you to decide why company "C" is much lower than either "A" or "B", as we had mentioned in an earlier statement "in a perfect world" you would have all the information such as layout/design, product information, warranty's and any very important that you may need to compare each estimate and if you don't have all of that..."buyer beware"!
In any major buying decision if you're not familiar with the type of situation (ex: irrigation, landscape lighting buying a specific car and so on...) we highly advise you to "ask " questions! If you're situation is getting an irrigation system, some simple questions to ask are: how may zones/station are involved, how many heads and what type, what type of warranty do they have, does the system include plumbing ( if needed ), are they bonded, licensed and insured? These are just the basic questions that you should ask, in most cases you may have more questions that may need to be answered... "as you should, ask as much as you can"! Check out our "
tricks of the trade" segment as that may help you as well with asking questions.
The 5% margin plays a factor in "bigger" dollar amounts, typically as we tend to use $2,000.00 and above as a rule of thumb. If an item/service is say $20.00 then a $1 savings isn't a big issue unless you are buying mass quantities or "bulk" of that item/service. All in general, if its an item that you have to use on constant basis wether its irrigation, a service or anything that you have to rely on... "Quality" is actually less expensive the "less costly" item/situation!