Mechanical Engineering Tools help

AI Thread Summary
The discussion focuses on seeking insights into the market for mechanical engineering cutting tools as part of an import business initiative. The individual aims to sell various tools, including countersinks and reamers, at significantly lower prices than competitors. They note that their research indicates a strong user base among woodworkers and professionals in the oil industry. The inquiry emphasizes the need for knowledge about the demand and pricing dynamics in North America for these tools. Understanding market trends and potential customer segments is crucial for successful entry into this competitive landscape.
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(I apologize ahead of time If I posted this in the wrong section)

I'm in the process of starting an import business. I'm trying to do some market research and need some help, since I don't know too many mechanical engineers myself I want to know if any of you have any experience with these tools (I do understand the general concept of these tools and uses) and I want to know how the market for these tools are, if sold at a relatively low price? My competitors (most online wholesalers) sell these items at a high cost, I can cut these prices 40-60% since I will be buying from a manufactuer who produces these items. I will be importing "cutting" and other various tools such as:



  • Sin Flute Countersinks
  • Dovetail Cutters
  • Woodruff Cutters
  • End Mill Cutters
  • Center Drill
  • Adjustable Hand Reamer
  • Morse Taper Finishing Reamer
  • Repairman's Taper Reamer
  • Taper Pin Reamers
  • Chucking Reamers
  • Flat / Rectangular Tool Bit
  • Square Tool Bit
  • High Speed Steel Tool Bits
  • Cut Off Blades
  • Counter Bores
  • 3 - Flute Center Reamer

Can you please help me with any knowledge you have concerning "cutting" tools in general and the market for them (north america)

thank you !

Manik Sharma.
 
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Did some research looks like lots of woodmen use these tools, and people in the oil industry?
 
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