1bwana1 wrote:
Well it looks to me that once again we have beat this question to death and the answer remains the same as always.
Leica products are so expensive because enough people feel that they are worth the price and buy them as fast as the company can make them.
Very simple people.
There is another piece to the "pricing puzzle" that often goes overlooked.
What is the wage that Leica pays its employees? My understanding is that part of the ethos of the company is to pay their employees a "good" wage. That translates into higher overhead than another company that operates in a different economy.
Some folks value the Leica ethos regarding their employees, and are good with that having additional costs factor into the pricing. I mean, you can go to Waffle House, Denny's or IHOP and have a meal prepared by folks making a wage that is minimal. OR, you can go to a fine restaurant where the chef is paid far above the minimal amount and the cost of building rent and appointments in decor are significantly more. An egg is still an egg, but the cost of eating one at a roadside diner in the middle of nowhere vs. a Michelin restaurant in New York, Paris or Tokyo ... well, it might be a different price. Same chicken, same egg, different price. Hmmm, how does that happen?
Folks who enjoy "Fine Dining" ... well, they appreciate certain "fine" attributes about their dining experience. Folks who enjoy their experiences with "finely crafted" tools ... knives, pens, cars, watches, cameras, cookware, etc. ... they accept, and are willing to pay the premium to for that. And, then ... they continue to enjoy using them for what they are, and in some regard what they aren't. A professional stainless steel skillet vs. a teflon coated consumer one. The price points of these can vary widely. But, those who are appreciate one vs the other ... well, wild horses couldn't drag them away from their choice. I can go down to Wal-Mart and get one for far less money than the other. But, the experience of using them can be vastly different. Sure, some similarities, and some difference in approach is need for using stainless vs. teflon. But, there are differences. Some folks value those differences. Others ... couldn't give a rat's backside, two cents worth of an iota of care about it.
1bwana1 wrote:
Well it looks to me that once again we have beat this question to death and the answer remains the same as always.
Leica products are so expensive because enough people feel that they are worth the price and buy them as fast as the company can make them.
Very simple people.
There is another piece to the "pricing puzzle" that often goes overlooked.
What is the wage that Leica pays its employees? My understanding is that part of the ethos of the company is to pay their employees a "good" wage. That translates into higher overhead than another company that operates in a different economy.
Some folks value the Leica ethos regarding their employees, and are good with that having additional costs factor into the pricing. I mean, you can go to Waffle House, Denny's or IHOP and have a meal prepared by folks making a wage that is minimal. OR, you can go to a fine restaurant where the chef is paid far above the minimal amount and the cost of building rent and appointments in decor are significantly more. An egg is still an egg, but the cost of eating one at a roadside diner in the middle of nowhere vs. a Michelin restaurant in New York, Paris or Tokyo ... well, it might be a different price. Same chicken, same egg, different price. Hmmm, how does that happen?
Folks who enjoy "Fine Dining" ... well, they appreciate certain "fine" attributes about their dining experience. Folks who enjoy their experiences with "finely crafted" tools ... knives, pens, cars, watches, cameras, cookware, etc. ... they accept, and are willing to pay the premium to for that. And, then ... they continue to enjoy using them for what they are, and in some regard what they aren't. A professional stainless steel skillet vs. a teflon coated consumer one. The price points of these can vary widely. But, those who are appreciate one vs the other ... well, wild horses couldn't drag them away from their choice. I can go down to Wal-Mart and get one for far less money than the other. But, the experience of using them can be vastly different. Sure, some similarities, and some difference in approach is need for using stainless vs. teflon. But, there are differences. Some folks value those differences. Others ... couldn't give a rat's backside, two cents worth of an iota of care about it.
1bwana1 wrote:
Well it looks to me that once again we have beat this question to death and the answer remains the same as always.
Leica products are so expensive because enough people feel that they are worth the price and buy them as fast as the company can make them.
Very simple people.
There is another piece to the "pricing puzzle" that often goes overlooked.
What is the wage that Leica pays its employees? My understanding is that part of the ethos of the company is to pay their employees a "good" wage. That translates into higher overhead than another company that operates in a different economy.
Some folks value the Leica ethos regarding their employees, and are good with that having additional costs factor into the pricing. I mean, you can go to Waffle House, Denny's or IHOP and have a meal prepared by folks making a wage that is minimal. OR, you can go to a fine restaurant where the chef is paid far above the minimal amount and the cost of building rent and appointments in decor are significantly more. An egg is still an egg, but the cost of eating one at a roadside diner in the middle of nowhere vs. a Michelin restaurant in New York, Paris or Tokyo ... well, it might be a different price. Same chicken, same egg, different price. Hmmm, how does that happen?
Dec 21, 2024 at 09:08 AM
Previous versions of RustyBug's message #16711877 « Why are Leicas so expensive? »
