FORMAT Tools: Pricing Policy Part 1

Wednesday, June 07, 2017

With so much choice in the cutting tool world, here at FORMAT we understand that it can be hard for customers to work out which cutting tool manufacturer to choose.

In our experience, six key factors that affect such an important decision include:

1. The quality of the cutting tool itself
2. How cutting tool distributors are chosen and monitored by the cutting tool manufacturer
3. Breadth of cutting tool choice
4. Speed of delivery of the cutting tool
5. How the cutting tool manufacturer runs their business and is structured
6. Cutting tools pricing policy

In this blog story we will focus on number six, our ‘Cutting tools pricing policy.’

Without a fair price we could not continuously remind you that FORMAT Tools is the number one, one stop shop for all of your tooling requirements... Why? because it just simply wouldn't be fair.

Our pricing policy is represented by the quality of the tools we supply, we are a supplier of high quality cutting tools and tooling assortments. We like to ensure you that despite our tooling pricing being a touch out of sight of our competitors, our tooling is way out of range of our competitors assortments in terms of quality.

A fair price in exchange for a high quality tool.


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With so much choice in the cutting tool world, here at FORMAT Tools we understand that it’s hard for customers to make the right choice. In our experience, six key factors really matter. The quality of the tool, the quality of the distributor, choice, speed of delivery, brand stability and pricing. So here at our blog we will write about how FORMAT Tools work hard to lead the way in all six areas.