Another over priced 5D III post.

Started Nov 7, 2012 | Discussions thread
Phil Hill Senior Member • Posts: 2,757
Re: Another over priced 5D III post.

CBuff wrote:

This is a great lesson that should be taught in business school about how to botch a product introduction by overpricing it arrogantly. Canon should read this, and learn from it. Not too late to react, and do the "Right Thing" to its most valuable customers (the early adopter).

Competition doesn't destroy businesses, arrogance does.

Do you have a recent example of Canon’s arrogance? Responding to market conditions and adjusting the price downward is arrogance? If so, nearly every electronics manufacturer in the world is guilty of that.

I don't believe that pricing a camera at a price higher than you are willing to pay is arrogance, and I certainly don't think it's arrogant to adjust the price downward over time. Arrogance would be maintaining the higher price even as people stopped buying, which apparently is what the OP would prefer.

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