> I disagree. The high end of the market is a proven niche and the target high-end buyer has demonstrated a willingness to spend freely on premium grade products.
Are you saying there is a proven market for luxury toasters?
While in general this is true I think "premium" grade home appliances generally top out around twice the cost of mid-range (I'm thinking vacuums, ovens, refrigerators etc where you compare similar capacity). This probably isn't a sufficient premium to cover the overheads.
Coffee machines are probably an exception here.
I'm not educated about the toaster market - are they more like microwaves or more like coffee machines?
> Are you saying there is a proven market for luxury toasters?
There’s a proven luxury market for literally anything. Just look at the $399 Wolf Toaster, which coincidentally is made in the U.S. This is the same brand that makes the famous Wolf Ranges.
Wow, I did a bunch of searching and this company did not come up. I don’t know how I missed this.
It’s pretty ugly considering the price.
I just learned about Dualit because of this thread, they make something very similar to the vision I have in my head, except it’s made in the UK instead of the US.
I was picturing basically recreating something like the Sunbeam T-20.
That's not including the toaster itself, which generally runs somewhere around $100 on eBay.
It makes me wonder if it's a better business to restore old toasters (and even other kitchen gear) rather than to make new ones. I haven't used his services ($300 is quite a bit more than I'd like to spend), but it seems like he goes to great lengths to fix up these toasters, even ordering custom power cords from a wire supplier. I bet it would be easier to start off recreating some replacement parts rather than manufacturing a whole toaster.
> Wow, I did a bunch of searching and this company did not come up. I don’t know how I missed this.
It happens.
> It’s pretty ugly considering the price.
Aesthetic is very subjective, people probably purchase the Wolf toaster because the red knobs match their Wolf stove. That said it is very modern and if you also made an art deco stove to match the toaster you’re imagining you may have found a new market.
> I just learned about Dualit because of this thread, they make something very similar to the vision I have in my head, except it’s made in the UK instead of the US.
Dualit is a great brand with a great product.
> I was picturing basically recreating something like the Sunbeam T-20.
To be fair the Dualit reminds me of a more modern Sunbeam.
Really if you have the time and the resources to manufacture a toaster, do it, expect a failure, and if it’s successful great, at the very least you’ll have learned something new.
Vitamix blenders are 8-10x the cost of a normal blender and have a cult like following. With the right branding home appliances can also double as a status symbol in American kitchens.
This is the typical market dynamic. The high end (Vitamix) is a bit more than twice the mid-range option, and then there is a long tail going way way down.
I agree a $1300 blender (ie, 8 * $165) is a luxury play. But Vitamix seems more just a normal high-end quality play rather than luxury. Their most expensive blender is $729 list price[2] but comes with a bunch of extra features (wireless jug detection?!) to justify the cost. Luxury brands don't try to justify costs: the cost is the feature.
Are you saying there is a proven market for luxury toasters?
While in general this is true I think "premium" grade home appliances generally top out around twice the cost of mid-range (I'm thinking vacuums, ovens, refrigerators etc where you compare similar capacity). This probably isn't a sufficient premium to cover the overheads.
Coffee machines are probably an exception here.
I'm not educated about the toaster market - are they more like microwaves or more like coffee machines?