I've worked with a number of brand and product launches in my career. One thing that happens quite often is that launches are soft launches - a soft drink, for example, will only "launch" in certain markets, so that the company can get feedback on what consumers like, and don't like, and they take that information to tweak the formula until they are sure it will scale to the full market.
These test markets, are never big markets - New York, Los Angeles, Chicago - they are always smaller markets with a lower population, and more controlled demographic factors. Denver, SLC, Columbus, Raleigh-Durham. This allows the company to get their toes wet with a launch, without the full-scale investment.
In Canon terms, this is without a doubt, what's happening here. Canon has learned their lesson with the M1 - that camera did not sell well here because there was not enough demand. It sold so poorly in fact that they had to be firesaled, and inventory cleared at half the price. This was a BIG hit to Canon's bottom line. This was Canon's "New Coke."
Mirrorless sells well in Asia. So it will be introduced in Asia. Europe is a much smaller market than the US. So they are trying a staggered approach. Sell where they know it will sell (Asia) and also intro in a market that is smaller, and you can seed more effectively (Europe). Avoid the market where you learned, just a year or two ago, that DSLR sales are still strong and mirrorless is not. (North America).
This is the smart financial move by Canon. Even had they intro'ed the M3 in the US, a $799 mirrorless camera would not sell well against a $799 DSLR. So why invest in it? The people who really want it will import from another country, with no loss of investment from Canon.
I still believe Canon will eventually make the Rebel line into APS-C mirrorless with an EF-M mount. My guess is they will have a Rebel EF-M line with Rebel level features, and a compact EF-M line that is small (the M line). But since DSLRs are selling well enough in North America right now, it's not the time to make that move. For now, continue to sell EF-M in Asia, seed it in Europe, wait for maturity in these two markets, and once DSLR sales slow in NA, Canon is in a perfect position to intro new products to NA. It will at that point be a much more mature system at a better price point.
I am a pre-firesale M owner. I was not going to buy a new $799 M anyway, so no big loss to me. My DSLR and its fast lenses gets 99% of the use.
These test markets, are never big markets - New York, Los Angeles, Chicago - they are always smaller markets with a lower population, and more controlled demographic factors. Denver, SLC, Columbus, Raleigh-Durham. This allows the company to get their toes wet with a launch, without the full-scale investment.
In Canon terms, this is without a doubt, what's happening here. Canon has learned their lesson with the M1 - that camera did not sell well here because there was not enough demand. It sold so poorly in fact that they had to be firesaled, and inventory cleared at half the price. This was a BIG hit to Canon's bottom line. This was Canon's "New Coke."
Mirrorless sells well in Asia. So it will be introduced in Asia. Europe is a much smaller market than the US. So they are trying a staggered approach. Sell where they know it will sell (Asia) and also intro in a market that is smaller, and you can seed more effectively (Europe). Avoid the market where you learned, just a year or two ago, that DSLR sales are still strong and mirrorless is not. (North America).
This is the smart financial move by Canon. Even had they intro'ed the M3 in the US, a $799 mirrorless camera would not sell well against a $799 DSLR. So why invest in it? The people who really want it will import from another country, with no loss of investment from Canon.
I still believe Canon will eventually make the Rebel line into APS-C mirrorless with an EF-M mount. My guess is they will have a Rebel EF-M line with Rebel level features, and a compact EF-M line that is small (the M line). But since DSLRs are selling well enough in North America right now, it's not the time to make that move. For now, continue to sell EF-M in Asia, seed it in Europe, wait for maturity in these two markets, and once DSLR sales slow in NA, Canon is in a perfect position to intro new products to NA. It will at that point be a much more mature system at a better price point.
I am a pre-firesale M owner. I was not going to buy a new $799 M anyway, so no big loss to me. My DSLR and its fast lenses gets 99% of the use.
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