Not trying to bash Electra I own more than a few of these bikes so that is where I'm coming from. If you look at the bikes for what they are frames and components.
The major difference is frame geometry and paint job. The rest of the components are the normal run of the mill Asian supply chain stuff. Everyone wants to bash walmart bikes, when was the last time you heard of a frame breaking or complete failure that was not the result of poor assembly or complete abuse.
The process and technology in producing these bikes is the same. That is why I say a comparable. There are more than a few people on here who have build up some really nice walmart bikes nothing wrong with walmart bikes.
Walmart get the benefit from economies of scale which is the big driver since they order large volume. They pass the saving onto the buyer. Also remember that walmart makes its money on large volume not large margin.
Below is a bike that is less than half of a woman's Electra Cruiser. Look close and you will see for the most part the big difference is the the frame and paint job. Alot of the components are the same no major difference.
http://www.walmart.com/ip/Greenline-Bicycles-Women-s-3-Speed-Beach-Cruiser/28865191
Again not trying to bash, but remove the Electra name brand and your bicycle enthusiast bias. Why would a normal guy that wants to ride the neighborhood with his kids buy a $700+ bike when he goes to walmart and see another nexus 3 speed at less than half the price?
The forum has thousands of member how many of them own electras? Probably not all that many because they are really expensive and most people will not spend that much on a bike. If you look at the other forum how many people buy new Electra's. How many new Electra have you bought, was it more for the paint job and frame? I have bought a lot of paint jobs and that is what I'm paying for not a far superior quality bike with far superior components.
So please don't take offense I feel the same about Felt and the other major cruiser companies. That's why for the most part all of my more recent bikes have been builds from frame up so I can add the nicer components.