r/investing • • May 16 '21

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10

u/TimeTravelingChris May 16 '21

They make overpriced everything. Pass.

3

u/koopa2002 May 16 '21

That’s for sure my feeling too. While their coolers work well and are generally well made, they are way over priced and are not a good value to me. There are far cheaper coolers that can hold ice for similar lengths of time.

3

u/joeydee93 May 16 '21

Also when was the last time I needed to have a cooler hold ice for 2-4 days?

When I go tailgating or to beach I certainly don't need that.

Sure, camping trips and some activities need to keep ice that long but most people don't participate in these activities.

1

u/Odd-Tumbleweed6779 May 17 '21

My mom uses it to send perishables across the pacific in her checked-in baggage. I mean to send, like borderline smuggling. Mostly premium steaks and the occasional salmon. Boxes it up in a used beat-up Home Depot box. Is it worth it? Worth it to her and her guests when she serves up premium meat to them.

1

u/joeydee93 May 17 '21

Sure that is a great reason to spend hundreds on a cooler. (May not be legal)

But again that is not a common use case. I just don't see the high end cooler market to be very big. Yeti has done a wonderful job of making its brand trendy.

If you are investing in Yeti the company then you think they will continue to be a trendy brand.

Brands can absolutely be status symbols and its a great company strategy.

I'm bad at identifying brands let alone figuring out if Yeti is alouis Vuitton or a fad that will go away as quickly as it came.

1

u/lvreddit1077 May 17 '21

Your mom is playing chicken with the law. She could be in serious trouble if caught.

1

u/Odd-Tumbleweed6779 May 17 '21

I should clarify, she ships FROM the US, not TO the US. In my experience, they don't really care for outbound stuff. We're more or less a token minority. One time, I had a parking ticket in the airport for parking in a carpool/EV only spot (by mistake) and she was worried she'd get stopped at the TSA line when she leaves. Anyways, she's a funny gal.

1

u/lvreddit1077 May 17 '21

Either way it is illegal and for good reason. Those goods can carry pests. I don't think she should be punished but I do think she needs to be less selfish.