Wasn't sure where to start this thread... may need to be moved.
I was thinking the other day about the crazy prices on some crankbaits. I'm in the automotive industry and we have some injection molding machines that produce plastic components for some of our finished goods. Most of the plastic components require 50x the resin per piece compared to crankbaits and still only cost pennies to produce. I would assume that plastic crankbait blanks are pumped out in mass quantities by the lure manufacturers. I would also assume the resin used in crankbaits is of lesser quality than plastic automotive components that are exposed to higher exertions and more rigorous activity. This leads me to believe that the crankbait blanks themselves should only cost pennies. I have a hard time believing the paint jobs, assembly, hooks and overhead per crankbait amounts to $10-11 (Spro little john).
I understand that the price of something is whatever the consumer is willing to pay... Maybe there is an added cost I'm missing and someone that is more familiar with lure manufacturing can enlighten me. But geez, seems like us fisherman are getting robbed!