Cheaper Prices on DPMs - What does it mean?

Started Mar 1, 2013 | Discussions
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Raist3d Forum Pro • Posts: 35,576
To me it means a good deal

Think about it. A camera giving you medium format class quality (even if its only at the lowest isos) for $800. A good prime lens costs anywhere from $500-$900- the lens alone, and they give you a good lens.

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Raist3d/Ricardo (Photographer, software dev.)- I photograph black cats in coal mines at night...
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MBenChikh Junior Member • Posts: 27
Re: To me it means a good deal

You love arguing about nothing in this forum... As I said, the JPY dropped.

I live in Japan, the price is still the same. At the opposite, Apple computer prices increased a little due to devaluation of the JPY.

October 1 USD was 75 JPY

This week 1 USD is 92 JPY

This is exactly the goal of the new government here : a lower JPY to sell more abroad and increase the price of imported goods.

rick decker MOD Forum Pro • Posts: 13,693
Re: To me it means a good deal

Yes that policy has been in place in the USA for some years now.  Most people are not aware of it.  Via deficit spending, weaken the Dollar making it easier to export and harder to import.

Rob13 Senior Member • Posts: 1,116
Not the Yen...: Cheaper Prices on DPMs - What does it mean?

Well, I haven't seen the prices of the other Japanese cameras drop other than the Pentax MX-1 and it was only introduced over the past month or so.

For the Pentax, it just isn't selling that well.  Have a wander over to the Pentax forum and see the lack of activity there, and the Ricoh as well.

On the other hand, I haven't seen the Canon, Nikon or Sony prices falling, and also if forum activity is correlated with camera sales, then the new DPs just aren't selling that well.

Lets be frank, for the majority of snappy-happy "photographers, the Sigma DP Merrill is just too much effort.  The relatively poorer High (we're talking 800, 1600 here) ISO performance in low light is not one of its strengths.  In good lighting you're fine, but in less than optimal or low contrast, lets face it, you really have be put in a bit of effort to get good results, and not everyone enjoys using Sigma Photo Pro as much as we do....

I'm blessed or cursed with the DP2 and while I enjoy the output, most of the time its not my go-to camera just because "it is, what it is".

DP2 Merrill at US$1,000 was a bit much for me, given that I find the camera a bit restricted in usability.  At US$800 its tempting, I'll just need to see when and if the $800 pricing is going to be reflected in Hong Kong.

By the way, in Hong Kong the currency is "pegged" or fixed to the US dollar for years where 1$US = HK$7.8, so its definitely not the exchange rates causing the price drop.  Its some attempt to boost sales.

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Best,
Rob
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mike earussi Veteran Member • Posts: 5,830
Re: Not the Yen...: Cheaper Prices on DPMs - What does it mean?
1

Prices only fall if you can't sell something at the current price. Sigma has probably tapped out most  of the buyers who are willing to pay $1,000 for the DP1,2M and now want to see if lowering the price will increase sales. If it doesn't you may see prices fall even further (and as long as the Yen is cheaper they can afford too and still make a profit).

One River Regular Member • Posts: 341
Re: Cheaper Prices on DPMs - What does it mean?
2

Nearly all cameras have price reductions. Seems strange that we are singling out this one.

SethG Contributing Member • Posts: 897
Re: Not the Yen...: Cheaper Prices on DPMs - What does it mean?

Rob13 wrote:

On the other hand, I haven't seen the Canon, Nikon or Sony prices falling, and also if forum activity is correlated with camera sales, then the new DPs just aren't selling that well.

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Best,
Rob
------------------------------------
R3A M7 M9 X-Pro1 E-M5 X100 DP2

In the US, Nikon dropped the price of the D600 & D800. During the last part of December, they were even offering the D600 with a "free" 24-85 lens, which was basically a 25% discount on the package.

Currently Nikon has relatively large discounts on a number of lenses, without needing to buy a camera, the way their rebates normally work. And Canon, I believe, has a similar lens sale.

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- Seth -

(unknown member) Forum Pro • Posts: 13,144
Re: Not the Yen...: Cheaper Prices on DPMs - What does it mean?
1

Rob13 wrote:

Well, I haven't seen the prices of the other Japanese cameras drop other than the Pentax MX-1 and it was only introduced over the past month or so.

For the Pentax, it just isn't selling that well. Have a wander over to the Pentax forum and see the lack of activity there, and the Ricoh as well.

On the other hand, I haven't seen the Canon, Nikon or Sony prices falling, and also if forum activity is correlated with camera sales, then the new DPs just aren't selling that well.

You have not looked very hard, have you?  As Seth already pointed out, there are loads of price drops across the industry.  Fujifilm dropped the price of their X Pro 1 as well as their recently released X-E1.  There are all kinds of special deals where you can get up to $600 off with lens purchases.

Prices drop all the time with cameras.  They start high and slowly go down with time.

How you are only seeing this now is inexplicable.

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diolus Regular Member • Posts: 439
Funny sd15 still $929..

At adorama. Which is how much I paid for it 2years ago.

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Raist3d Forum Pro • Posts: 35,576
Calm down...

MBenChikh wrote:

You love arguing about nothing in this forum... As I said, the JPY dropped.

I am not arguing anything, just voicing my opinion. It's not even exactly a back and forth discussion yet- and I didn't even reply to you. Chill.

It's good to know about the JPY and economics, that's cool- good you mentioned it. Still think the DP Merrils at $800 USD are a good deal.

I live in Japan, the price is still the same. At the opposite, Apple computer prices increased a little due to devaluation of the JPY.

October 1 USD was 75 JPY

This week 1 USD is 92 JPY

This is exactly the goal of the new government here : a lower JPY to sell more abroad and increase the price of imported goods.

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Raist3d/Ricardo (Photographer, software dev.)- I photograph black cats in coal mines at night...
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Les Lammers
Les Lammers Veteran Member • Posts: 3,060
Re: Cheaper Prices on DPMs - What does it mean?

It means that they are less expensive now than when they were first released...just like most digital cameras.

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cptrios Senior Member • Posts: 1,352
Re: Cheaper Prices on DPMs - What does it mean?

Why can't it be both the JPY and a desire to sell more cameras? The yen has fallen a load in the last few months (I just got a bunch of backpay from a Japanese employer that would have been worth $400 more back in October when they announced it, ugh), so companies can charge fewer USD and still make the same money. Canon and Nikon don't need to do this, as they already have huge market share and sell plenty of their stuff...but Sigma wants their Foveon cams to really break into the mainstream and has done the - utterly painless in this situation - price drop in order to  do make that happen. Good business logic as far as I'm concerned.

Roland Karlsson Forum Pro • Posts: 24,865
Re: Non-nonsense

Laurence Matson wrote:

Which, if any of these or others apply that could drive down or drive up the price from that base in your opinion?

I have personally very little problems with the $1K-ish price of the DP Merrill cameras. I understand why it is in this region, and I am quite sure Sigma really cant lower it if they want to make any profit on the camera.

I said that if the DP1 is perceived as a compact camera, then the price might raise some eye brows. I also said that if it was e.g. $400, then most would accept it and not crave for any lower price. Therefore I think you made the poster an injustice, by claiming so was the case.

Now, all this is not really important, with all those posts and words.

Much more important is to decide if e.g. DP2M is a camera to own.

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jozhua Forum Member • Posts: 68
Prices going down? Yey!

for me, Im just happy that the price is dropping. I can afford it soon enough.

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SandyF Forum Pro • Posts: 14,937
Re: Funny sd15 still $929..

diolus wrote:

At adorama. Which is how much I paid for it 2years ago.

Ah, you have a SD15.... any photos online to share?

I just paid US$623 for a 'refurbished' SD15 from the Sigma US online outlet. The list price everywhere new in US indeed is in the $900 range still when I last looked around.

Best regards, Sandy
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