Thanks for your reply.
D600 Full Frame announced! (not official yet)
- Thread starter kriegsketten
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Thanks for your reply.
edutilos-
Senior Member
That doesn't necessarily mean that lower prices are not possible.
You can expand the base of consumers purchasing your products by lowering your price.
For example, if you price it at $100 and you get 2 people buying it; if lowering the price to $80 means 5 people will buy it and for both cases your cost is $50; first case yields $100 profit, second yields $150 profit.
I agree that companies will aim to maximize profits and consumers may never benefit all the way... But with more competition, great demand... All these will drive prices down, as they have throughout the years. The nominal price of a DSLR previously was so high, now with inflation, a DSLR has become so much cheaper in real terms.
Blur Shadow
Senior Member
daredevil123 said:
Of course. But interest in the product may change elasticity of demand, such that dropping price may actually increase total revenue.
But of course, unless we have real good data for a business analysis, this discussion isn't worth pursuing.
As an individual with no bargaining power, I can only hope for lower prices!
DrSpock
New Member
Amazing how there are so many pricing for so many different levels of human consciousness. All in all it's the same use whether it's a D3200 or D800 just to capture that memorable moment. We are all weaklings and forever yearning for that irresistible new fandangle toy. Resistance is indeed Futile!
GReddyZC76
New Member
haha. i not sure about others. but i'm not going after new technologies or gadgets. I know what I want. There no fight for the high FX ISO capabilities over DX. D800 is way too high a mega-pixels for me, I have to update all my hardwares/software to support the processing of images. so something like the rumour-ed "D600" fit my requirements. ya?
nonetheless, to each it own. so much comments and blah blah blah... *yawn*.. let just wait and see.. 13th Sept, not that far....
haha. Cell phones.. I scare being Sue-ed.... whahaaa
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GReddyZC76
New Member
whaha.. if its cheap, then cannot ask too much...
if cannot accept,then dont get lor... or change canon?
ageha
Senior Member
89%? lol, they won't. Even if they have only 95%, doesn't matter to me at all. I only use the VF for composing the shots.
edutilos-
Senior Member
Doubt it would have that... Even the entry level Nikons have 95% or so...
kriegsketten
New Member
100% VF, the biggest question now is pentaprism or pentamirror n whether round or rect VF... Given the size n cost ... And the grip, would there be additional fps boost and by how many.
ageha
Senior Member
You can bet it's a pentaprism.
I understand iPhone 5 product intro announcement is scheduled Sept. 12th.
Without other forces, companies will always price goods the highest price the market can bear. Economies of scale alone, will never drive prices down, as companies will never automatically pass savings on to the consumers. Prices will only lower due to other factors, like what you say, with more competition or elasticity of demand. In the end, the main driving force of any company is always profits.
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Yes... but economies of scale do not necessarily means lower prices. It just means lower costs. The savings do not automatically get passed on to consumers. This has been seen time and time again. Just look at Apple's macs and iphones.
Blur Shadow
Senior Member
daredevil123 said:
I wasn't referring to economies of scale, but the elasticity of demand. Highest price doesn't guarantee highest revenue. To get the highest revenue, one has to analyze the elasticity of demand. As mentioned earlier, if a drop in price can entice more buyers such that overall revenue increase, a seller will be incentivized to do so.
Profit is maximized when marginal cost cuts marginal revenue, and not at the highest price. This is true even in a monopoly.
Cost savings may be fixed or variable, and cannot be directly translated to the consumer. In addition, if there is no competitive pressure, the manufacturer has no incentive to drop his price, thereby translating the cost saving into a higher profit margin.
In any case, greater interest in a product is generally beneficial for the individual consumer, when considering the price of the product.
edutilos-
Senior Member
Well, in reality you would have to take the other aspects like competition or elasticity of demand into consideration...
That's why it's not so easy to just say "oh, there's a magic formula to make more profit".. The market and consumers are a very complex creature with so many faucets. I'm trying to think about your point that "economies of scale will never drive prices down as companies will never automatically pass savings on to the consumers". I presume you're talking about the case where a surge in demand (doesn't matter why) leads to higher production - e.g. the Apple iPad catches on and Apple has to get Foxconn (for example) to produce a load more iPads and bargains for a lower unit cost for the iPad units produced... Naturally the price of the iPad will not shift just because of that. In that respect and scenario, I agree.
Well.... It does depend on the direction of the company. A small start-up could choose not to expand despite the fact that more profits could be in it, simply because the boss doesn't want to do so. It happens.
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