Canon's MAP Pricing Goes Into Full Effect Today
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There's a psychological thing for me: I find it very difficult to pay $3300 today for a camera for which many people paid $2800 yesterday.
Not gonna happen!
My 5DII still produces great pics, I could easily wait for a 5D IV, or something nikon or sony has in a couple of years.
Not gonna happen!
My 5DII still produces great pics, I could easily wait for a 5D IV, or something nikon or sony has in a couple of years.
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In Europe normally prices for the 5DMkIII range between 3000 and 3500. For example Amazon.de had it for 3050 then lowered it to 2950 and now it is again 3050. No radical changes. I was happy to find a deal for about 2700euros. Now I have a lot of lenses. In addition I am an amateur and I do not need anything badly (a 500mm f/4L IS II would be nice but ... I'll think about it in 3-4 years...) so yes no more gear anyway.Etienne said:
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Phew! Glad I pulled the trigger for the 5D3 on Monday because I see Canon has pushed the price back up by $300. This morning (Thursday) it was $2994, tonight it is $3299. I think it was only under $3000 for 3 or 4 days. Didn't get the ebay deal of $2750, but I'm very happy I got it for under 3k at an authorized dealer.
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Etienne said:
My colleague missed the 2750 5D3 deal and is waiting similar deals. When I told him the MAP pricing, he told me "That's fine, I can still using my current camera". I think Canon is just going to loss many customers; especially for 5D3 buyers because people know there was a 2750 5D3 deal.
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D
DB
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@ tron & RC, well done, you both spotted a bargain and got a good deal
@ Etienne, it is human nature to worry about what others did or didn't do (in this instance 'pay'), but you should only worry about yourself. Two years ago, the graduating MBA class at Harvard University were given a survey questionnaire with 2 options and were asked to specify which they would prefer:
(1) to get a job paying $200,000 per year, whilst the rest of your class secure jobs paying $250,000
or
(2) secure a job paying a starting salary of $120,000, whilst your classmates get jobs on $80,000
The result: the majority opted for (2)
They were more concerned with relative position and rankings than absolute income. The moral of this story: forget what someone else paid for a DSLR, and focus on whether in the future a new DSLR would suit your needs, then save the necessary cash to get what you desire.
If everyone followed your logic (based on the psychology of what others have paid for an identical product) then Europeans would not buy Canon DSLR's or lenses at +25% to +50% more than what Americans pay today for the same models. In my country, a 5D3 costs US$4,420 (or €3,399 x 1.30) and that price has dropped 200 euros.
@ cliffwang, if you spend your life waiting for the price to reach your level, you'll end up either waiting a very long time, or you will end up buying antiquated technology (I can get a 1D II for less than I paid for my 7D, but I do not want an 8MP body that cannot go above ISO 3200). Canon may lose some customers , or rather, should I say some existing Canon shooters may defer their purchase, but ultimately they will upgrade at some point in the future and they'll get a better used price for their existing body as a result of this policy.
@ Etienne, it is human nature to worry about what others did or didn't do (in this instance 'pay'), but you should only worry about yourself. Two years ago, the graduating MBA class at Harvard University were given a survey questionnaire with 2 options and were asked to specify which they would prefer:
(1) to get a job paying $200,000 per year, whilst the rest of your class secure jobs paying $250,000
or
(2) secure a job paying a starting salary of $120,000, whilst your classmates get jobs on $80,000
The result: the majority opted for (2)
They were more concerned with relative position and rankings than absolute income. The moral of this story: forget what someone else paid for a DSLR, and focus on whether in the future a new DSLR would suit your needs, then save the necessary cash to get what you desire.If everyone followed your logic (based on the psychology of what others have paid for an identical product) then Europeans would not buy Canon DSLR's or lenses at +25% to +50% more than what Americans pay today for the same models. In my country, a 5D3 costs US$4,420 (or €3,399 x 1.30) and that price has dropped 200 euros.
@ cliffwang, if you spend your life waiting for the price to reach your level, you'll end up either waiting a very long time, or you will end up buying antiquated technology (I can get a 1D II for less than I paid for my 7D, but I do not want an 8MP body that cannot go above ISO 3200). Canon may lose some customers , or rather, should I say some existing Canon shooters may defer their purchase, but ultimately they will upgrade at some point in the future and they'll get a better used price for their existing body as a result of this policy.
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MAP pricining doesn't mean things won't go on sale, or that there won't be reabates, or that the MAP pricing won't change over the years. All it means is all the dealers will list it for the same price, because they have to. There are numerous companies that do this, and I'm guessing most of us don't even know the extent to which its happening on the variety of things we buy.
If you really don't like it, band together, collect money, hire a lawyer and sue, or better yet buy a couple of politicians to pass anti-MAP laws. Not sure which party you need to buy though. Dems would like the price equality, and GOPs would be torn between supporting the free market (anti-MAP) and helping small business (pro-MAP).
-Brian
If you really don't like it, band together, collect money, hire a lawyer and sue, or better yet buy a couple of politicians to pass anti-MAP laws. Not sure which party you need to buy though. Dems would like the price equality, and GOPs would be torn between supporting the free market (anti-MAP) and helping small business (pro-MAP).
-Brian
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ThanksDB said:
I set $3000 as my trigger point from an authorized dealer (Amazon, B&H, etc) and check prices at least daily. Based on dealer pricing patterns and Canon Price Watch.com over the last few years, I just could not see the 5D3 dropping much below 3k right now. Actually I was surprised with the $2994 price so I jumped on it.
Still confused on those eBay sales and kudos to those who got a great deal. I don't think I could have went that route, I'm too skeptical and not much of a gambler.
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C
cptobvious
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Unilateral pricing policy is the result of B&M stores pressuring manufacturers to set price floors.
My take on it? It may not be illegal, but it is inefficient for the market. It's essentially punishing larger camera stores like Amazon and B&H (which is itself not that large) because they are more efficient and can pass on their lower overhead costs as savings to consumers.
I've stopped buying at big box stores like Best Buy because of their high prices and bad service. I've also had better service buying from Amazon and B&H than the local camera shops (who often price higher than minimum price anyway), so UPP is not going to make me more likely to buy from them. It will, however, make me less likely to buy camera gear in general, given the prices Canon is asking.
My take on it? It may not be illegal, but it is inefficient for the market. It's essentially punishing larger camera stores like Amazon and B&H (which is itself not that large) because they are more efficient and can pass on their lower overhead costs as savings to consumers.
I've stopped buying at big box stores like Best Buy because of their high prices and bad service. I've also had better service buying from Amazon and B&H than the local camera shops (who often price higher than minimum price anyway), so UPP is not going to make me more likely to buy from them. It will, however, make me less likely to buy camera gear in general, given the prices Canon is asking.
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Hey I don't know why some of you are complaining about Canon's prices in the US. In Japan, Canon's own backyard, a new 5D mk III costs ¥298,000 which nowadays is $3700! And a new 24-105L will set you back ¥98,000 or $1200! In fact everything is and always has been miles cheaper in the US. I don't think this MAP is gonna change that, there's far too much buyer power!
I bought all my lighting gear on amazon.com and adorama and had it shipped over to Japan and it was still HALF the price it would have cost over here. Not to mention that stuff is hard to find here too!
I bought all my lighting gear on amazon.com and adorama and had it shipped over to Japan and it was still HALF the price it would have cost over here. Not to mention that stuff is hard to find here too!
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5D III pricing soap opera just keeps going on... wonder what else could be done to put customers in the state of great anxiety and make them pay a truckloads for nothing.
Very amusing
Very amusing
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DB said:@ Etienne, it is human nature to worry about what others did or didn't do (in this instance 'pay'), but you should only worry about yourself. Two years ago, the graduating MBA class at Harvard University were given a survey questionnaire with 2 options and were asked to specify which they would prefer:
(1) to get a job paying $200,000 per year, whilst the rest of your class secure jobs paying $250,000
or
(2) secure a job paying a starting salary of $120,000, whilst your classmates get jobs on $80,000
The result: the majority opted for (2)
Good points, but it's an emotional thing as much as it is an extra $500. Plus, I don't really need the 5DIII, I just want it. My 5DII is still a great camera, but I am readily tempted by shiny new toys.
If my 5DII breaks, then I will need to get a new camera. In the meantime I'll just wait for a really good deal, or the next round of upgrades.
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