Adorama is selling 5d3 for $2745 on eBay now

[dilbert]

Looks like Adorama is clearing warehouse space for incoming stock of newer equipment.

I think it is also fair to say that the 5D3 is selling A LOT SLOWER than Adorama predicted.

I suppose the only remaining question is if Adorama is making a profit on $2745 or not.

But even if they aren't, this deal will really put the brakes on further 5D3 sales because everyone else that doesn't need a 5D3 will simply wait for other stores to have a sale like this.

Clearing stock for new cameras?! So now a camera's life cycle is a few months?!
That's absurd. Canon kept the price "high" on purpose. Early adopters, to create a demand, to sell more 5D2's, the price of the Yen, the price of rice , because they can, whatever the reason.... It's marketing. I'm sure Adorama is still making money, Canon is making money, whatever.

Think of it like this...

Adorama bought 1000 5D Mark IIIs from Canon to sell.

Nearly all of that batch of 1000 are still in a warehouse not moving very fast.

The shipment of 5000 Nikon D600s has arrived and there is nowhere to put them.

Not an exact scenario but...

[cliffwang]

Looks like Adorama is clearing warehouse space for incoming stock of newer equipment.

I think it is also fair to say that the 5D3 is selling A LOT SLOWER than Adorama predicted.

I suppose the only remaining question is if Adorama is making a profit on $2745 or not.

But even if they aren't, this deal will really put the brakes on further 5D3 sales because everyone else that doesn't need a 5D3 will simply wait for other stores to have a sale like this.

Clearing stock for new cameras?! So now a camera's life cycle is a few months?!
That's absurd. Canon kept the price "high" on purpose. Early adopters, to create a demand, to sell more 5D2's, the price of the Yen, the price of rice , because they can, whatever the reason.... It's marketing. I'm sure Adorama is still making money, Canon is making money, whatever.

Think of it like this...

Adorama bought 1000 5D Mark IIIs from Canon to sell.

Nearly all of that batch of 1000 are still in a warehouse not moving very fast.

The shipment of 5000 Nikon D600s has arrived and there is nowhere to put them.

Not an exact scenario but...

Pretty much same thought.

However, you will see many people against the price and the store.  I still remember there is a big argue for the 2800 deal from Beach Camera.  Some people even comment Beach Camera is not a reputed store.  Too bad, CR removed the thread in one day, so people cannot see the information.  Otherwise, people will not be surprised this deal.

If people do some Google search, they will see many 5D3 deals under 3000 from authorized dealers in the past few months.  Unfortunately, people are lazy to do their homework.

[Ricku]

However, you will see many people against the price and the store.  I still remember there is a big argue for the 2800 deal from Beach Camera.

And who on earth are these people?

The early desperate adopters who thinks that everyone should have to pay the same price they paid.? 

Screw them. If they hadn't been so quick on bending over for the obvious overprice during spring + summer, the price drop would have come even sooner.

[NormanBates]

I refuse to believe it. That camera is worth every penny of that $3499 price tag, and it must be flying off the shelves. No amount of evidence will convince me of the contrary.

In totally unrelated news, thanks to the recent price drop, Amazon is selling more 5D2 than 5D3: http://www.amazon.com/Best-Sellers-Camera-Photo-Digital-SLR-Cameras/zgbs/photo/3017941/ref=zg_bs_3017941_pg_2?_encoding=UTF8&tag=crf-20

[dilbert]

I refuse to believe it. That camera is worth every penny of that $3499 price tag, and it must be flying off the shelves. No amount of evidence will convince me of the contrary.

Lol!

[Subtas]

I think, in short term, prices will be lower.
I just bought mine for 3089€, the best price found, here, in Portugal. In Amazon (Spain) it can be bought for 2934€.

Too bad that price it is only for USA. If i had someone there, i would considerer it. A 5D Mark3 for 2000€..

Let's wait and see what is next.

[lola]

I refuse to believe it. That camera is worth every penny of that $3499 price tag, and it must be flying off the shelves. No amount of evidence will convince me of the contrary.

Thank you for the good laugh!

[scrappydog]

There has been a lot of speculation in this post about why Adorama is selling the 5DIII for such a good deal.  It just dawned on me that the fiscal year ends in September.  It may be just a simple issue of Canon wanting to boost their numbers.  This happens a lot in the computer business, so it's not an uncommon tactic.

[danski0224]

Maybe someone has spoofed their eBay account...

 

[Ricku]

Another question is why the deal is only available through their Ebay store?

Their Ebay store doesn't ship outside the US, which kinda sucks for me and many others..

[CTJohn]

Looks like Adorama is clearing warehouse space for incoming stock of newer equipment.

I think it is also fair to say that the 5D3 is selling A LOT SLOWER than Adorama predicted.

I suppose the only remaining question is if Adorama is making a profit on $2745 or not.

But even if they aren't, this deal will really put the brakes on further 5D3 sales because everyone else that doesn't need a 5D3 will simply wait for other stores to have a sale like this.

Clearing stock for new cameras?! So now a camera's life cycle is a few months?!
That's absurd. Canon kept the price "high" on purpose. Early adopters, to create a demand, to sell more 5D2's, the price of the Yen, the price of rice , because they can, whatever the reason.... It's marketing. I'm sure Adorama is still making money, Canon is making money, whatever.

Think of it like this...

Adorama bought 1000 5D Mark IIIs from Canon to sell.

Nearly all of that batch of 1000 are still in a warehouse not moving very fast.

The shipment of 5000 Nikon D600s has arrived and there is nowhere to put them.

Not an exact scenario but...

Pretty much same thought.

However, you will see many people against the price and the store.  I still remember there is a big argue for the 2800 deal from Beach Camera.  Some people even comment Beach Camera is not a reputed store.  Too bad, CR removed the thread in one day, so people cannot see the information.  Otherwise, people will not be surprised this deal.

If people do some Google search, they will see many 5D3 deals under 3000 from authorized dealers in the past few months.  Unfortunately, people are lazy to do their homework.

I'd think Adorama's biggest competitor (B&H) would be embarrassed by getting scooped on this deal, and would not be happy about being stuck with the rest of their inventory.  If Canon was behind this deal, look for a response from B&H.

[KT]

I wonder how many 5D mark III bodies have been allocated to this Xmas-in-September operation, currently the eBay counter stands at ~ 800 sold. At one point, say the 1000 or 3000 bodies sold, it'll close and then what? Are people going back to happily paying the original price of $3500 or would Canon offer a new price point? That $2750 actually was the sale price of the 5D mark II when it first came out in November 2008, will be interesting to see Canon settle on this new price going forward, specially if they plan to release the rumored 6D and a high MP pro body. 

[mirekti]

The price is back to $3464 @818 sold items.

[matt2491]

Looks like the price just jumped back up! Congrats to those who nabbed the deal while it lasted!

[terpsfan_1995]

That's for that link !!!    Nabbed one last night!