It is good for consumers and trouble for the retailer. Most manufacturers set a "minimal selling price" for their retailers but it is up to discretion of the retailer to give further discounts and freebies to their regular customers. So when a retailer violates this agreement and lower selling price is made known online (and thus becoming evidence for the manufacturer), their rebates and discounts from the manufacturers get cut or diminished. So that is why I think it is best for you guys to discuss prices through PM than on threads. I like to go up against manufacturers for inflating prices in Singapore (as compared to other countries) but I don't want to punish the retailers. That is my rationale. Again, I am not enforcing this as a rule in this community. We used to keep a price list but it is no longer relevant since I buy stuff online or when I am traveling to the US or Japan so I am not in touch with the market prices. You guys can share but bear in mind, your friendly retailer who gave you that little bit more discount might get punished by the manufacturer for showing you kindness. I wonder if that is a nice thing to do or not.
Ha, actually different manufacturers work differently.
For example, a famous online retailer fights with various online retailers for market share by selling below cost, and insist manufacturers to pay them for "losses" in a bid to fight for "best price", by virtue of their market strength online. Good or bad? True story, just not widely known.
To the point of inflation, different sales reps on different countries have different strategy. When a country's price is cheaper comparing to locally, for example, it might be the local sales office over there implementing a promotion, or a clearance sales. Currency fluctuations, taxes, retailer margins lead to price differentiation as well. Too many reasons for price differentiation. Well viewpoints depend on where you stand, of course...
I personally believe price war is not good, since market value of a brand new product rapidly erodes and profits dwindle for all parties, leading to for an example, lesser incentive for investing in research for manufacturers, lesser incentive for a retailer to develop better service sales service Some shops might spend more money in training staff, or hire staff with better knowledge?
Of course, being a consumer, I do agree that I like bargains, but having said so, I do and have paid for better service from our local retailers.
Look at E-M5 for example, the price is relatively stable after so long locally. Consumers are happy, retailers are happy, and of course manufacturer is happy. Win-win situation, no?
Ok let's get back to E-M1 and 12-40mm. How're you guys finding the lens, especially those who have tried 12-35mm?