Harbor Freight 5 Drawer Tool Cart Coupon 2016

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When I first posted about Harbor Freight's new in favor-grade Icon tool boxes, I wrote about the sticker shock.

Harbor Freight titillated about their Icon tool boxes antecedent to their launch, estimating their 56″ x 25″ x 45″ tool cabinet A existence priced at $2499. When IT launched, the monetary value was $4000, and Harbor Freight compared it to Snap-on's $6945 cabinet.

Harbor Freight has had a couple of 20% Ikon tool storage coupons, dropping the price of that 56″ base cabinet to $3200.

Harbor Freight sent prohibited an email newsletter a duet of years agone, announcing their best-of all time prices on Image tool depot. They weren't kidding.

The 56″ base cabinet has seen a whopping $1200 discount, and that's BEFORE the new 20% coupon drops the price further, to $2240.

In other words, the Harbor Freight Icon 56″ tool box cabinet is now 44% off. You save nearly $1800 on a antecedently $4000 instrument box, which is just soft on.

Their 36″ Icon tool box crimper cabinet is now $1600 after coupon, from anold price of $2700. That's a nearly 41% net discount.

If you look at the 73″ Icon joyride storage base cabinet, you save closely $2000 off the original $5000 spikelet price. With the 20% coupon, that's a net price reduction of  around 39%!

Prices have plummeted across Harbor Freight's Icon tool memory board product line, including on end cabinets, overhead cabinets, work centers, top tool box chests, and even accessories.

What we know: Entertain Freight has significantly slashed the prices on Icon tool storage products.

What we don't eff: Why?

Every bit far as I nates tell, thither are two possibilities:

1) Harbor Freight had these prices in mind all on. Launching a new premium and pro-grade puppet storage organisation at high prices got people talking. In that respect were likely several early adopters, but there were perhaps more people who checked them call at-stores and considered that the prices were hardly a bit too high. Well, now the prices are a lot lower berth, who's sure one?

2) Harbor Freight's Icon tool box pricing was simply too high to gain substantial commercialise share.

The 56″ lowly console used to be $4000 before coupon, and is now priced at $2800 in front coupon. Ignoring the 20% coupon, that's still a 30% decrease in Price. Their 36″ base cabinet has been discounted past ~26%, and their 73″ joyride cabinet by 24%, once more before 20% voucher.

Soh independent of that regular Icon tool storage 20% coupon, Harbor Freight has discounted its 3 Icon tool box locker sizes aside 24% to 30%. The 20% coupon has popped up before, and it's likely the "old" and "new" prices like are inflated to accommodate this discount.

3) I say there's also the remote possibility that sales mass has been so well that they were able to lower production costs and pass the savings onto customers, which is what Bridge Metropolis recently aforesaid about their new woodworking tool discounts.

But, rent's entertain this practically – if sales are so in that production costs give the sack be meaningfully lowered, you don't suddenly and dramatically get down prices. You trade at the introductory price, pocket extra profit, and then when sales slow down, then you lower prices to increase require.

Information technology doesn't add up that they would get down prices when demand is high.

So, which is IT?

1. This was the plan all along.
2. This is a reactive measure, in response to low demand.

From what I can tell, from proofreader comments and other online discussions, there has been high interest in the Icon tool storage line, but few purchases. Nurse Freight's US General tool boxes betray rattling well, but IT seems that there was softer sake in the much higher-priced Picture tool storage products.

Image tool storage products are larger, Thomas More featured, and beefier-built than U.S.A General, and the price reflected that.

Hence, IT could be that slow sales prompted the price drops. This is the most just explanation from marketing and economic standpoints.

However, these tool boxes appear to be well-built (an junior judgement from examining the in-entrepot expose), with Harbor Freight spending a lot of time and effort on their design, production, and marketing. Their entire Icon mechanism tools lineup does appear to be intended as a prominent step-up in calibre and performance.

Information technology could be possible that they expected some user faltering about the initial launch prices. Icon creature corner prices weren't just uncharacteristically high for Harbor Freight, but perhaps even exorbitantly so. What if that was on purpose?

This seems accomplishable, only unlikely, as cloudy the prices less than a year advanced wish burn some early adopters. Harbor Loading's pricing power read into account 20% coupons, but I wouldn't think they'd factor in a 24-30% prefatory premium on round top of that.

Still, there is the fact that their 2022 Icon tool box seat teaser had the 56″ base console priced at $2500. Information technology was because of this that the $4000 launch price was surprising. At once, its new Leontyne Price is aforesaid to be $2800, and $2240 after 20% coupon.

Thusly, this could have been Harbor Freight's plan complete along, to drop the pricing on Icon tool boxes just before Fatherhood's Day. But if then, this price change wouldn't have significant long-term impact along the Icon joyride memory board card.

If this price drop resulted from unrefined demand and down in the mouth gross revenue volume, how will this affect future Harbor Freight tool and tool storage launches?

From what I've seen, Harbor Freight Icon tools own been fast off the shelf, at to the lowest degree a couple of months ago, just after their ratchets firstly launched. Whatever ramifications would in all probability be isolated to the tool storehouse family.

If these Icon tool box and accessory discounts resulted from low gross revenue, IT could definitely move their product roadmap. But but then, every bit users' perceptions change over clock, perhaps they power grow accustomed to more premium Shield Freight tools and offerings at more premium prices.

It's worth noting that Harbor Loading launched a sliding miter byword in 2022, at the prison term pricing it at $390 after coupon ($399 before). The price is presently $350. But to price a tool cabinet at $4000 before voucher and so $2800 before voucher, that is a far more significant change.

Something prompted these steep discounts.

A more cautious customer might be concerned about the future of the Icon lineup. If demand is low and sales lento, wish an owner be able to add a matching top dresser and side locker to their base cabinet in a year or two when finances permit it or as needs change? What about after quintet years?

Personally, I would chance that Seaport Freight knows their customers and their trueness. Other tool retailers and brands consume abandoned less eminent production lines – specially tool storage – but my gut instinct tells Maine that Harbor Consignmen wouldn't do this, or perhaps they'd try a lot more before resorting to that.

Perhaps they'll have lower profit margins for at once, and programme for rhenium-worked Icon 2.0 puppet storage products at similar pricing. Simply again, that's assuming this price drop was in reaction to user perception and softer interest at launch pricing than anticipated. This wouldn't give birth been their target pricing all along, right?

Moving past the why orwhat does this mean for Harbor Freight parts, I want to hear about what this means for you.

Entertain Freight has slashed the prices of their Icon tool cabinets, chests, and other storage products. How do you experience about it?

Oh, and here's the coupon if you need it, good thru June 30th, 2022:

Kicking the Tires on the Brand-new Harbor Freight Picture Tool Cabinet

Harbor Freight 5 Drawer Tool Cart Coupon 2016

Source: https://toolguyd.com/harbor-freight-icon-tool-boxes-price-drop-coupon-052020/

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