Some D7000 Price Gouging

[jonikon]

I see Cameta Camera has D7000 body only but for the low, low price of $1459.95
--
Herby

Yes, that is exactly what it is, by definition:

Definition for price gouging:
Pricing above the market price when no alternative retailer is available.
wordnetweb.princeton.edu/perl/webwn

I see the D7000 available at Amazon for $1199, B&H for $1299, Vistek for $1179, Henry's for $1179, Ritz for $1189 and Adorama for $1299. That doesn't meet the "no alternative retailer" criteria of the definition above.

But it's a horrible definition that doesn't take into account many things that are accepted in our society. What about the last cottage on a lakeside development? The last 1950 Corvette for sale in town? Babe Ruth's rookie card? Is the comic book store gouging because they refuse to charge 10¢ for the card?

I think any definition of gouging is flawed without containing the words; scarcity or staple.

--
eddyshoots

Your analogy is not a good one. All of the items you mentioned are "used" and none of the items you mentioned have a fixed MSRP price set by the manufacturer. Collectable prices vary wildly by the condition of the item (which to a large degree is subjective), and real estate prices vary greatly by market conditions , location. and property condition, zoning, etc.

OTOH, the D7000 is a new product which does have a set MSRP,, and Nikon USA has the right to strip a retailer of it's authorized dealer designation for charging over MSRP.

• Jon

 

[toomanycanons]

I see today (2/22) Cameta has a refurb D7000 plus 18-105 VR for $1,399.00

Such a deal.

 

[Fritz Wilhelm]

If you can get it cheaper somewhere else, buy it. If not, you are just witnessing the law of supply and demand.
--
http://www.heisingart.com
What doesn't kill us makes us stronger.
Fritz

 

[eddyshoots]

I see Cameta Camera has D7000 body only but for the low, low price of $1459.95
--
Herby

Yes, that is exactly what it is, by definition:

Definition for price gouging:
Pricing above the market price when no alternative retailer is available.
wordnetweb.princeton.edu/perl/webwn

I see the D7000 available at Amazon for $1199, B&H for $1299, Vistek for $1179, Henry's for $1179, Ritz for $1189 and Adorama for $1299. That doesn't meet the "no alternative retailer" criteria of the definition above.

But it's a horrible definition that doesn't take into account many things that are accepted in our society. What about the last cottage on a lakeside development? The last 1950 Corvette for sale in town? Babe Ruth's rookie card? Is the comic book store gouging because they refuse to charge 10¢ for the card?

I think any definition of gouging is flawed without containing the words; scarcity or staple.

--
eddyshoots

Your analogy is not a good one. All of the items you mentioned are "used" and none of the items you mentioned have a fixed MSRP price set by the manufacturer. Collectable prices vary wildly by the condition of the item (which to a large degree is subjective), and real estate prices vary greatly by market conditions , location. and property condition, zoning, etc.

True, but you can substitute many luxury items; diamonds, 80" flat screens, King Charles Cavalier pups....like the D7000 they are all completely unnecessary. Additionally, if the 80" Sony is not available or is priced out of line you can just buy a Samsung. Same holds true for the D7000....buy a 7D from Canon or a K-5 from Pentax...whatever. The perceived shortage is trivial and brand specific.

It really wouldn't bother me if, after a hurricane, there was a shortage of Huggies as long as there were plenty of Pampers.

OTOH, the D7000 is a new product which does have a set MSRP,, and Nikon USA has the right to strip a retailer of it's authorized dealer designation for charging over MSRP.

Nikon seems to concern itself more with Retailers selling below MSRP than above.

• Jon

Heh heh, just proof reading my post and the idea of a diamond merchant gouging customers after a hurricane struck me as exceptionally funny.

--
eddyshoots

 

[Bajerunner]

You are right, there are alternatives, also camera alternatives like the 7D (now back up in price, but still around 1,600), 60D for only 900, which is the same sensor as 7D and no slower in fps than D7000, even if not up to 7D and D300 speed.

Not to mention Pentax K5 for only 1,200, fully weather sealed and same sensor as D7000.

Although, I would give Nikon a break, it is obvious they are still getting the DX plant production back together, which is obviously why we dont have the D400 yet either.

It is only those who NEED the camera now and want to remain Nikon, who may spring for such money.

Those prices cant stay when regular production resumes, not with such as 60D and K5 selling for much lower.

--

.....Just from an amateur......'Sometimes it's to your advantage for people to think you're crazy.”