> I wonder what the term 'overpriced' means then if everything is worth > exactly its selling price (assuming it sells)? Isn't it possible to take > some sort of reasonable and dispassionate look at things and determine at > least a reasonable range of relative value? If someone came out with a > K1000 clone tomorrow that sold for $5000...and it sold well > somehow (it is > possible!), couldn't we all agree nonetheless that it was > overpriced? One > could begin by comparing the build quality, features, etc with > that of an LX > or MX or whatever and determine that it wasn't worth it. I guess > I'll stop > before starting another anti-Marxist thread...I guess I just > can't believe > it's impossible to speak at all about value or about something being > overpriced in terms other than whether it happens to have sold in some > particular and in many ways artificial context. > > > Robert Soames Wetmore
Overpriced items sell poorly or not at all. A K1000 clone would not sell at $5000 so, a bad example. It would be a finacial disaster if a K1000 clone would cost so much to make that it would need to be priced at $5k. Underpricing is just as bad for a MFGR. If they had to price it at say $100 for it to sell and it costs $2500 to make one they made a big mistake. My take on pricing is this: NOTHING is overpriced or underpriced ***for very long***. After a while the price goes up if its sold out too fast or the price comes down if its sales go nowhere. If the MFGR has to sell at a loss its withdrawn from the market. FAST. If sales are steady but not selling out the price usually stays put.... JCO - This message is from the Pentax-Discuss Mail List. To unsubscribe, go to http://www.pdml.net and follow the directions. Don't forget to visit the Pentax Users' Gallery at http://pug.komkon.org .
