The increase does not only happen in USA but other countries too. I've just purchased 16-35L in Poland and was talking to some dealers that told me they raised the prices by about 10%. I got lucky I found the lens from the last year's shipment.
There won't be a price rise if people refuse to buy...in fact I would suggest there would be a price reduction.
Canon isn't a company struggling to survive.....it is a company that is determined to keep a healthy profit margin even when or if its customers are facing economic problems.
anthonygh wrote:
There won't be a price rise if people refuse to buy...in fact I would suggest there would be a price reduction.
Canon isn't a company struggling to survive.....it is a company that is determined to keep a healthy profit margin even when or if its customers are facing economic problems.
Enough of this leftist tripe. Canon has to have a healthy profit margin to survive and it has not been the best year for Canon either. As people stated in this thread, a lot of the reasons is the exchange rate and other prices rising.
Canon can't be a profitable company if customers can't buy the products. The price increases are being implemented just to gouge the customers.
M Vers wrote:
I've been hearing this for a few weeks and I hope to hell it isn't true. Fortunately for me I don't need any lenses or flashes at the time, but judging by the cost of recently announced lenses (70-300L, 8-15 FE, 300II, 400II) I fear a significant hike for all upcoming releases. So much for Canon lenses being cheaper than Nikon's
Has it ever occured to you that Nikon probably will also increase their prices in the near future since both Nikon and Canon are Japanese companies and face the same challenges?
Canongarcon wrote:
Enough of this leftist tripe. Canon has to have a healthy profit margin to survive and it has not been the best year for Canon either. As people stated in this thread, a lot of the reasons is the exchange rate and other prices rising.
Canon can't be a profitable company if customers can't buy the products. The price increases are being implemented just to gouge the customers.
+1
I think you mean to say "The price increases AREN'T being implemented just to gouge the customers. "
Canongarcon wrote:
Has it ever occured to you that Nikon probably will also increase their prices in the near future since both Nikon and Canon are Japanese companies and face the same challenges?
While that is a possibility it's not definite. We will see.
anthonygh wrote:
There won't be a price rise if people refuse to buy...in fact I would suggest there would be a price reduction.
Canon isn't a company struggling to survive.....it is a company that is determined to keep a healthy profit margin even when or if its customers are facing economic problems.
Yes, and we all know that boycotts work all the time, every time. (or never).
Jan 11, 2011 at 12:10 PM
Lars Johnsson Offline • • • • • • • Upload & Sell: Off
Ben Horne wrote:
Yes, and we all know that boycotts work all the time, every time. (or never).
It worked pretty well when Adobe released CS4 and tried to charge European customers nearly 30% more than US customers.....over 6000 pro users over here signed a pledge not to buy the upgrade. The price dropped within a couple of months (Adobe no doubt thought that most photographers would sign the paper and then rush to buy the product. Didn't happen).
As for Canon....maybe it can keep hiking prices at a time when most people are taking a hit on incomes and ever increasing costs of living...or maybe most photographers think they can always up their fees to pay for ever more expensive gear. Who knows. We shall have to wait and see...and not for too long probably.
Canongarcon wrote:
Has it ever occured to you that Nikon probably will also increase their prices in the near future since both Nikon and Canon are Japanese companies and face the same challenges?
Similar (though less substantiated) rumors are swirling on the dark side.
it's not 'leftist tripe' to suggest that companies will attempt to charge as much for their products as they believe the consumers/market can bear.
nor is it leftist tripe to suggest that one advocate for his/her beliefs by targeted use or targeted withholding of his/her money. even less so the idea to organize with others to do the same in a coordinated effort. political action committees, including some of the most right-wing organizations in existence, are based on those principles.
abam wrote:
it's not 'leftist tripe' to suggest that companies will attempt to charge as much for their products as they believe the consumers/market can bear.
nor is it leftist tripe to suggest that one advocate for his/her beliefs by targeted use or targeted withholding of his/her money. even less so the idea to organize with others to do the same in a coordinated effort. political action committees, including some of the most right-wing organizations in existence, are based on those principles.
Sounds like a voice crying in the wilderness!!
Please don't challenge the very foundations of Capitalism...the maximization of profit and the migration of assets from those that are poor to those that are not!
anthonygh wrote:
There won't be a price rise if people refuse to buy...in fact I would suggest there would be a price reduction.
Canon isn't a company struggling to survive.....it is a company that is determined to keep a healthy profit margin even when or if its customers are facing economic problems.
Canongarcon wrote:
Enough of this leftist tripe. Canon has to have a healthy profit margin to survive and it has not been the best year for Canon either. As people stated in this thread, a lot of the reasons is the exchange rate and other prices rising.
Canon can't be a profitable company if customers can't buy the products. The price increases are being implemented just to gouge the customers.
Your lame attempt to tie this to some kind of political agenda is not only offensive and against forum policy, but it is also simply WRONG.
One of the central tenets of capitalism is the law of supply and demand. A decrease in demand for a good or service without a corresponding change in the supply results in a decrease in the equilibrium price of that good. If Canon wishes to maintain a healthy profit margin, they may indeed choose to increase the price of their products, but as they know consumers are cost-sensitive, to do this in a lagging economy is not without its risks. A miscalculation of the price elasticity of demand for their products can result in pricing the good or service too high. They can make fewer units, but then they are also selling fewer units.
Pure capitalism is about pricing according to what the market will bear. But in the face of fluctuations in exchange rates, it is entirely possible--as any major corporation must know--that too strong a domestic currency can adversely impact exports to foreign markets. It doesn't require a coordinated effort by the customer base (not that it is possible on a sufficiently large scale to affect Canon in the US, anyway). All it requires is that in the aggregate, photographers decide that their utility function is not what it was before, due to other economic concerns.
To put it in plain English, so that even a knee-jerk right-wing simpleton such as yourself can understand, in a struggling economy with a low dollar, many photographers are finding they might not be able to afford expensive lenses. What might have been an acceptable luxury purchase or work-related expense, may no longer seem worthwhile. They may elect to purchase cheaper alternatives (do more with less), buy on the used market, or simply wait. That's how capitalism works. Canon is under pressure from a weak dollar to adjust prices upward, but there is clearly an upper limit on their ability to do so, for then the US market simply ceases to buy at sufficient volume. Thus, Canon's possible remedies include actions like improving operating efficiency or decreasing production costs. This is why, in a bad economy, tangible goods tend to decrease in quality or feature set. It's not Canon's fault, nor is it the fault of the consumer.
It's nutjobs like you that give real conservatives a bad name.
wickerprints wrote:
Your lame attempt to tie this to some kind of political agenda is not only offensive and against forum policy, but it is also simply WRONG.
One of the central tenets of capitalism is the law of supply and demand. A decrease in demand for a good or service without a corresponding change in the supply results in a decrease in the equilibrium price of that good. If Canon wishes to maintain a healthy profit margin, they may indeed choose to increase the price of their products, but as they know consumers are cost-sensitive, to do this in a lagging economy is not without its risks. A miscalculation of the price elasticity of demand for their products can result in pricing the good or service too high. They can make fewer units, but then they are also selling fewer units.
Pure capitalism is about pricing according to what the market will bear. But in the face of fluctuations in exchange rates, it is entirely possible--as any major corporation must know--that too strong a domestic currency can adversely impact exports to foreign markets. It doesn't require a coordinated effort by the customer base (not that it is possible on a sufficiently large scale to affect Canon in the US, anyway). All it requires is that in the aggregate, photographers decide that their utility function is not what it was before, due to other economic concerns.
To put it in plain English, so that even a knee-jerk right-wing simpleton such as yourself can understand, in a struggling economy with a low dollar, many photographers are finding they might not be able to afford expensive lenses. What might have been an acceptable luxury purchase or work-related expense, may no longer seem worthwhile. They may elect to purchase cheaper alternatives (do more with less), buy on the used market, or simply wait. That's how capitalism works. Canon is under pressure from a weak dollar to adjust prices upward, but there is clearly an upper limit on their ability to do so, for then the US market simply ceases to buy at sufficient volume. Thus, Canon's possible remedies include actions like improving operating efficiency or decreasing production costs. This is why, in a bad economy, tangible goods tend to decrease in quality or feature set. It's not Canon's fault, nor is it the fault of the consumer.
It's nutjobs like you that give real conservatives a bad name....Show more →
What's amazing is the fact Canon has implemented so few and tiny price increases these last couple years and yet most of their major products are still made in the motherland, whereas many other companies have moved almost everything offshore to hold back costs. Shipping and fuel prices have been through the roof, the USD is weak against the yen and yet a 60D only costs $899 in the USA. Canon must have done a lot of belt tightening and profit trimming to maintain such affordable pricing in the face of such circumstances. They probably really need this price increase...
