In the early part of the 20th century, people were drawn to cheap furniture because it promised a number of benefits. Firstly, it encouraged local production. Secondly, it allowed local employment to be shifted from expensive urban areas to cheaper, remote labor regions like China and the other Far East countries. Thirdly, it required an efficient low cost distribution and delivery systems because many local craftsmen, who made furniture for export, lived in extreme climates.
Today, there is still an urgent need for furniture. Many people live in highly urbanized areas, and access to cheap furniture is difficult if not impossible. Moreover, the quality of cheap furniture that has reached the market has not been able to match the quality of the furniture that comes from developed countries. A new challenge has thus been presented – how to get low cost furniture while maintaining the quality and elegance it requires.
The first major factor considered when trying to get cheap furniture is the availability of cheap local labor. This refers to the relative low cost of doing business in a certain locality. One way to find out whether there is indeed low cost labor in a given area is to look at the price of basic necessities in the locality. If the price of water, electricity, and food is reasonably low, the business owners will have to spend more money on other essentials.
Another major factor is transportation costs. The transport of goods is extremely expensive in developed countries, so business owners should take this into consideration. Cheap furniture can be bought from China, India, or Mexico, but the delivery cost may be very high, causing the price to go up even after considering other factors such as labor. In some cases, the main factor in getting cheap furniture is also the location. If the business is not located near a big city, its overhead cost will be much higher than those companies that are located nearby, meaning the furniture can be more expensive.
One more major factor in getting low cost furniture is the lack of competition. Businesses that are able to charge less for their products are at an obvious advantage compared to those that cannot compete. The furniture market in developed countries is already saturated with furniture products of different quality and price, making it difficult for new entrants. It is thus important to find a product that is unique and still affordable.
One way to avoid inferior products and keep the cost of buying furniture down is to look for a manufacturer that produces furniture of high quality but at a relatively lower price. Sometimes, it may even be possible to get a piece of furniture produced overseas in order to get the same quality and low price as furniture produced in the home country. While the cost may be somewhat higher, it could be worth it in the long run.