Big price jumps on new lenses... are they pushing into MF and Leica territory?
- By dr croubie
- Lenses
- 3 Replies
To keep using Leica and Zeiss as unfortunate examples, how much of their price comes from quality, how much from the extra-costs of small-scale production, and how much premium just to put the 'leica' badge on the front?
Canon is a much bigger company, they get a lot cheaper marginal-cost from mass-production than a smaller company like Leica. And yet their lenses tend to be more expensive for the same length than Nikkors.
Nikon produce less lenses than canon too, so they should also be more expensive, why are nikons (generally) cheaper than canons? Quality, and the associated extra manufacturing costs? (that fluorite element ain't cheap). But Nikon also have some new fandangled high-tech extra-cost techs like Nano crystal coating that bump up the cost too.
Can canon get away with higher margins on lenses because we've all been told that white lens + red ring is worth a price premium?
Kind of sounds like apple vs samsung vs kindles. Pretty much all cost the same per unit to build, and yet what's more expensive? Who can get away with the higher margins, because their ad-campaigns have told us that it's cool to have one of these devices?
Can zeiss and Leica get away with higher margins because they have an inherent 'cool' factor, or perception of quality? Ok, even if they are actually higher-quality than your standard ef-s zoom, is it worth that much extra price? They've both done very well targetting the upper ends of the market, the money-no-object deep-pockets consumer. Zeiss just announced $4bil revenue on 12% increased sales last year, so they're definitely doing something right (and i know that includes a lot more than just camera lenses).
Back to OP, yes, lenses are getting more expensive. Even adjusting for inflation, it's gonna be about the same, give or take depending on which lens you use as an example. But they've got a long way to go before really encroaching on leica.
B+H prices:
50mm f/2.5 summilux M-mount, $1500. Nifty fifty: $107
35/75/90mm f/2.5 $1900
And they're slower than the canon versions, and that's the cheapest 4 in the list.
Furthermore:
35mm f/2.0 $3200. EF 35/2 $330
50mm f/1.4 $4000. EF 50/1.4 $380
24mm f/1.4 $7000. EF 24/1.4L $1700
50mm f/0.95 $11000. EF 50/1.2L $1500
Unfortunately, the only way around this is competition. I may have mentioned before, I love my Samyang 35/1.4. It's as sharp as the zeiss, and craps all over the canon L in the corners, for 1/4 as much of the price (I paid half again because it was used). Certainly, the build quality isn't the same as zeiss or the L, it's not sealed and there's no AF. But if it makes canon sit up and think that they might be losing sales to a small korean manufacturer, then you can bet that the 35L II is going to have to be a lot sharper and/or compete a bit better on price (seeing as AF and sealing are already features that it has over both the zeiss and samyang). So even if you never use their lenses, you should always be thankful of the samyangs, the sigmas, tokinas, and tamrons of the world, or you really would be paying leica money for your next L...
Canon is a much bigger company, they get a lot cheaper marginal-cost from mass-production than a smaller company like Leica. And yet their lenses tend to be more expensive for the same length than Nikkors.
Nikon produce less lenses than canon too, so they should also be more expensive, why are nikons (generally) cheaper than canons? Quality, and the associated extra manufacturing costs? (that fluorite element ain't cheap). But Nikon also have some new fandangled high-tech extra-cost techs like Nano crystal coating that bump up the cost too.
Can canon get away with higher margins on lenses because we've all been told that white lens + red ring is worth a price premium?
Kind of sounds like apple vs samsung vs kindles. Pretty much all cost the same per unit to build, and yet what's more expensive? Who can get away with the higher margins, because their ad-campaigns have told us that it's cool to have one of these devices?
Can zeiss and Leica get away with higher margins because they have an inherent 'cool' factor, or perception of quality? Ok, even if they are actually higher-quality than your standard ef-s zoom, is it worth that much extra price? They've both done very well targetting the upper ends of the market, the money-no-object deep-pockets consumer. Zeiss just announced $4bil revenue on 12% increased sales last year, so they're definitely doing something right (and i know that includes a lot more than just camera lenses).
Back to OP, yes, lenses are getting more expensive. Even adjusting for inflation, it's gonna be about the same, give or take depending on which lens you use as an example. But they've got a long way to go before really encroaching on leica.
B+H prices:
50mm f/2.5 summilux M-mount, $1500. Nifty fifty: $107
35/75/90mm f/2.5 $1900
And they're slower than the canon versions, and that's the cheapest 4 in the list.
Furthermore:
35mm f/2.0 $3200. EF 35/2 $330
50mm f/1.4 $4000. EF 50/1.4 $380
24mm f/1.4 $7000. EF 24/1.4L $1700
50mm f/0.95 $11000. EF 50/1.2L $1500
Unfortunately, the only way around this is competition. I may have mentioned before, I love my Samyang 35/1.4. It's as sharp as the zeiss, and craps all over the canon L in the corners, for 1/4 as much of the price (I paid half again because it was used). Certainly, the build quality isn't the same as zeiss or the L, it's not sealed and there's no AF. But if it makes canon sit up and think that they might be losing sales to a small korean manufacturer, then you can bet that the 35L II is going to have to be a lot sharper and/or compete a bit better on price (seeing as AF and sealing are already features that it has over both the zeiss and samyang). So even if you never use their lenses, you should always be thankful of the samyangs, the sigmas, tokinas, and tamrons of the world, or you really would be paying leica money for your next L...
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