meho1a said:
tron said:
Luds34 said:
GMCPhotographics said:
(Canon makes no money on S/H cams)
While that is the general sentiment on this forum that's not entirely true. ...whether on primary or secondary markets are creating a market, and therefore overall demand for Canon products which drives their business.
+1 Very true.
I also think that good second hand market invites people into their system... So why not to
take advantage of used lenses to invite people into your system.
The above comments are certainly correct, but more to the point, I'd like to put this whole "Canon is releasing X to kill second-hand sales of Y" to rest.
No business is going to release any product to compete with or "kill" second hand sales. For one reason, it is an impossibility that is doomed to failure. A new product has a price floor. That is, it cannot be sold below a set price without creating a loss. Second hand goods have no price floor. They can be sold for effectively zero. So to try to "dry up" or "kill" the second hard market is impossible. No matter how low you sell your product for, the people selling second hand goods can always go lower, because they don't have to pay any costs and are only seeking to recoup some of the money they have already spent.
In addition, you can't "kill" the second hand market because the supply is already set. There are already X number of used cameras (for example) in existence and eventually they will all either find their way to the second hand market or the junkyard. No one is making new batches of second-hand cameras. It's not like a business can "dry up" that supply, the supply is essentially fixed and it is whatever it is.
Let's look at how this might work in the real world. I buy a 1DX II and decide to sell my 5DIII. Let's pretend that 5DIII is competing against a brand-spanking new 6DII. If I can't sell the 5DIII for $1,800 what do I do? I lower the price. I have in my mind a price that is the lowest I want to go and so long as the market offers me at least that much I will sell it, whether it is $1,500 or $1,000. If the price in the market gets too low ($200) I might instead just give it away to a son-in-law (It's still being sold on the second-hand market, the price is just $0 or maybe a six pack of beer).
How is Canon ever going to "kill" that market? They can't. This is just a fantasy that some people have.