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How to sell E-PL7 with E-PM2 still out there?

Started Aug 31, 2014 | Discussions
tomtom50 Veteran Member • Posts: 3,244
How to sell E-PL7 with E-PM2 still out there?
2

On Getolympus

E-PM2 with 14-42 and 40-150 $399

E-PL7 with 14-42 and 40-150 $849

So the difference between E-PM2 and E-PL7 is $450?

I can see why Olympus is slow to bring out Pens until they get the E-PM2 cleared out.

They seem not to have over-produced the E-PL5 or E-P5 so badly.

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photofan1986
photofan1986 Veteran Member • Posts: 3,841
Re: How to sell E-PL7 with E-PM2 still out there?
2

Why not after all?

You get the same sensor, but you get

- No shutter shock. The E-PM2 is really terrible in my experience.

- Useful image stabilization.

- Tiltable screen.

- Much better controls with the top dial.

- Wifi.

- Bigger usable screen area/ much nicer resolution

- Better jpegs thanks to new processor (CA removal)

- Better battery life

- Focus peaking

- Better video codecs+ 3 axis IBIS.

I think it's not bad at all. And if you think that's it's pretty expensive, as you're basically getting the same sensor, think about the E-M1, which is twice as expensive again.

I'd rather say:

"How to sell E-PL7 when the E-M10 is around?".

I still have the E-PM2 and it sits on the shelf, I cannot sell it...as the prices went so low.

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OP tomtom50 Veteran Member • Posts: 3,244
Re: How to sell E-PL7 with E-PM2 still out there?
1

photofan1986 wrote:

I'd rather say:

"How to sell E-PL7 when the E-M10 is around?".

Good point. For $100 more I would go for a camera with an EVF anytime.

I accept the E-PL7 is better than the E-PM2, but the price difference has to make it hard for Olympus to introduce a new Pen.

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broody Contributing Member • Posts: 674
Re: How to sell E-PL7 with E-PM2 still out there?
2

The EPL7 has a lot more in common with the EP5, though. The EPM2 is just a step up from a P&S in controls.

It's not just the EM10 threatening the EPL5... The open-box/de-kitted EP5 has come down to a price point even or below what the EPL7 will go for. And it's higher end than just about anything short of the EM-1, with full 5-axis IS, 1/8000 shutter, built-in flash and an excellent control scheme. You have to place a lot of weight on the small size and 'selfie-friendly' screen hinge to favor any other PEN over it.

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OP tomtom50 Veteran Member • Posts: 3,244
Re: How to sell E-PL7 with E-PM2 still out there?

broody wrote:

The EPL7 has a lot more in common with the EP5, though. The EPM2 is just a step up from a P&S in controls.

It's not just the EM10 threatening the EPL5... The open-box/de-kitted EP5 has come down to a price point even or below what the EPL7 will go for. And it's higher end than just about anything short of the EM-1, with full 5-axis IS, 1/8000 shutter, built-in flash and an excellent control scheme. You have to place a lot of weight on the small size and 'selfie-friendly' screen hinge to favor any other PEN over it.

Good point. I had not realized the E-P5 was available for so little even on ebay.

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(unknown member) Veteran Member • Posts: 3,010
Re: How to sell E-PL7 with E-PM2 still out there?

The EPL7 has a lot more in common with the EP5, though. The EPM2 is just a step up from a P&S in controls.

It's not just the EM10 threatening the EPL5... The open-box/de-kitted EP5 has come down to a price point even or below what the EPL7 will go for. And it's higher end than just about anything short of the EM-1, with full 5-axis IS, 1/8000 shutter, built-in flash and an excellent control scheme. You have to place a lot of weight on the small size and 'selfie-friendly' screen hinge to favor any other PEN over it.

I've checked eBay and I can't find one under 1000 ddollar???
--
http://www.flickr.com/photos/90891174@N04/

Marty4650
Marty4650 Forum Pro • Posts: 16,289
The EPL7 will HELP clear out the leftover EPM2s

You really can't compare a brand new camera at full MSRP to a two year old camera that was heavily discounted, and perhaps even refurbished. Wait a while, and that EPL7 will be selling for much less.

And then someone will start a thread in 2016 titled "How can they sell the EPL8 when I can get a refurbished EPL7 for half the price?"

You can extend that concept to anything. "How can they sell a 2014 Toyota, when I can buy a 2012 Toyota for less?" See my point?

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OP tomtom50 Veteran Member • Posts: 3,244
Re: The EPL7 will HELP clear out the leftover EPM2s

Marty4650 wrote:

You really can't compare a brand new camera at full MSRP to a two year old camera that was heavily discounted, and perhaps even refurbished. Wait a while, and that EPL7 will be selling for much less.

And then someone will start a thread in 2016 titled "How can they sell the EPL8 when I can get a refurbished EPL7 for half the price?"

You can extend that concept to anything. "How can they sell a 2014 Toyota, when I can buy a 2012 Toyota for less?" See my point?

It is the deep discount that makes the argument. $399 for a new E-PM2 with kit lens and the 40-150 telephoto at getolympus.

If they were selling new 2012 Camrys on the dealer lot for $12,000 you bet they would have trouble moving 2014 models.

Drastic over-production is hard to recover from.

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Marty4650
Marty4650 Forum Pro • Posts: 16,289
The really remarkable thing is....

Olympus is selling a reconditioned EPM2 body only for $320 on the very same site. But you can buy a brand new EPM2 PLUS two lenses for only $400 on their website.

Only $80 more for TWO lenses and a brand new rather than refurbished camera? That's just crazy.

I'd say you were right about overproduction.

Olympus must have misjudged the sales potential for the EPM2, and produced way too many of them. I think they made the same mistake with the EPL1, since they are still available today in brand new condition at deep discounts.

But, once you overproduce something, you really have no choice but to deeply discount them to get them off your shelves. The longer they sit there, the less they can sell for.

It seems like Olympus did a much better job forecasting sales of their EP3 and EPL3 cameras. You hardly ever saw them get deep discounts.

Right now, Olympus will sell you:

  • EPL7 plus one lens for $599, or 
  • EPL5 plus one lens for $499

And this makes sense, since the new model might be worth $100 more to you just in the extra features you get.

The EPM2 is an entirely different series, and is only bargain priced because they were overproduced, as you said.

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sigala1 Veteran Member • Posts: 3,911
Re: How to sell E-PL7 with E-PM2 still out there?

tomtom50 wrote:

On Getolympus

E-PM2 with 14-42 and 40-150 $399

E-PL7 with 14-42 and 40-150 $849

So the difference between E-PM2 and E-PL7 is $450?

I can see why Olympus is slow to bring out Pens until they get the E-PM2 cleared out.

They seem not to have over-produced the E-PL5 or E-P5 so badly.

One could have always said there's no reason to buy any other Olympus camera besides the E-PM2, what with the E-PM2 being priced so low!

I personally was incredibly frustrated by the non-useable IBIS on the E-PM2 so I wouldn't actually recommend it to anyone who wants frustration-free shooting. Additionally, the rear dial on my E-PM2 has developed a stutter. And the battery door broke on my E-PM1. I hardly used either camera all that much. I guess they had cheap build quality.

I would definitely recommend one of the newer Olympus cameras over the E-PM2 or E-PL5.

sigala1 Veteran Member • Posts: 3,911
Re: How to sell E-PL7 with E-PM2 still out there?
1

broody wrote:

The EPL7 has a lot more in common with the EP5, though. The EPM2 is just a step up from a P&S in controls.

It's not just the EM10 threatening the EPL5... The open-box/de-kitted EP5 has come down to a price point even or below what the EPL7 will go for. And it's higher end than just about anything short of the EM-1, with full 5-axis IS, 1/8000 shutter, built-in flash and an excellent control scheme. You have to place a lot of weight on the small size and 'selfie-friendly' screen hinge to favor any other PEN over it.

Actually, the E-PL7 is more like an E-M10 without viewfinder or pop-up flash and one-less dial. Both cameras have the same 3-axis ibis and Truepic 7 image engine.

The E-P5 is the most deluxe camera short of the E-M1, but has the old Truepic 6 image engine instead of the newer Truepic 7.

Hope that clears things up.

sigala1 Veteran Member • Posts: 3,911
Price of E-P5?

Tony8232 wrote:

The EPL7 has a lot more in common with the EP5, though. The EPM2 is just a step up from a P&S in controls.

It's not just the EM10 threatening the EPL5... The open-box/de-kitted EP5 has come down to a price point even or below what the EPL7 will go for. And it's higher end than just about anything short of the EM-1, with full 5-axis IS, 1/8000 shutter, built-in flash and an excellent control scheme. You have to place a lot of weight on the small size and 'selfie-friendly' screen hinge to favor any other PEN over it.

I've checked eBay and I can't find one under 1000 ddollar???
--
http://www.flickr.com/photos/90891174@N04/

The official price is $799, but I was able to find one a few months ago from a lower-tier reseller for quite a bit less than that. That doesn't mean they are still available. If you can't find a bargain, probably that means the zero-second anti-shock update made the model more popular and the surplus inventory got sold.

It's a beautiful camera, but the E-M10 is more practical if you are just looking for bang for your buck.

semifast Contributing Member • Posts: 780
Re: The really remarkable thing is....

Marty4650 wrote:

Olympus is selling a reconditioned EPM2 body only for $320 on the very same site. But you can buy a brand new EPM2 PLUS two lenses for only $400 on their website.

Only $80 more for TWO lenses and a brand new rather than refurbished camera? That's just crazy.

I'd say you were right about overproduction.

Olympus must have misjudged the sales potential for the EPM2, and produced way too many of them. I think they made the same mistake with the EPL1, since they are still available today in brand new condition at deep discounts.

But, once you overproduce something, you really have no choice but to deeply discount them to get them off your shelves. The longer they sit there, the less they can sell for.

It seems like Olympus did a much better job forecasting sales of their EP3 and EPL3 cameras. You hardly ever saw them get deep discounts.

Right now, Olympus will sell you:

  • EPL7 plus one lens for $599, or
  • EPL5 plus one lens for $499

And this makes sense, since the new model might be worth $100 more to you just in the extra features you get.

The EPM2 is an entirely different series, and is only bargain priced because they were overproduced, as you said.

Actually there were refurbished white PM2s with kit lens for $199 minus 15% a week ago.

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LowlightShadows Regular Member • Posts: 147
Re: How to sell E-PL7 with E-PM2 still out there?
1

photofan1986 wrote:

- No shutter shock. The E-PM2 is really terrible in my experience.

I believe there is quite some marketing drivel around concerning shutter shake, they try to push people to buy a new camera. I don't experience any relevant shutter shake problems with my current E-PM2.

The E-PL7 with additional top dial looks nice though and the price difference in Switzerland is not huge: online stores announce the body-only E-PL7 for about 480 CHF ($520) vs 399 CHF ($430) for the E-PM2 14-42 Kit.

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photofan1986
photofan1986 Veteran Member • Posts: 3,841
Re: How to sell E-PL7 with E-PM2 still out there?

LowlightShadows wrote:

photofan1986 wrote:

- No shutter shock. The E-PM2 is really terrible in my experience.

I believe there is quite some marketing drivel around concerning shutter shake, they try to push people to buy a new camera. I don't experience any relevant shutter shake problems with my current E-PM2.

I believe you mean "I don't notice any shutter shock problem with my current E-PM2".

Many people don't notice it until they can compare their results to something that does not suffer shutter shock. My E-M5 seemed better than my E-PM2 already, but the GM1 is just perfect.
Shutter shock does not make a picture unusable, it just makes it soft. And I'm not surprised that many people don't care. But I do.

And I was complaining about shutter shock well before it became "hype".

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Alexsfo Senior Member • Posts: 2,362
Re: How to sell E-PL7 with E-PM2 still out there?

E-P5 is cheaper than E-PL7 and makes more sense. It may take years to clear up E-PM2 stock entirely. E-PL7 should have been $499 body only launch price. I think it will be there soon enough. Olympus usually overprices their cameras at launch. One notable exception is E-M10 which was sensibly priced at launch.

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Hen3ry
Hen3ry Forum Pro • Posts: 18,218
The big question: qwhy buy an E-P5 when you can get the E-PL7? nt

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amalric
amalric Forum Pro • Posts: 10,839
Re: How to sell E-PL7 with E-PM2 still out there?
1

photofan1986 wrote:

LowlightShadows wrote:

photofan1986 wrote:

- No shutter shock. The E-PM2 is really terrible in my experience.

I believe there is quite some marketing drivel around concerning shutter shake, they try to push people to buy a new camera. I don't experience any relevant shutter shake problems with my current E-PM2.

I believe you mean "I don't notice any shutter shock problem with my current E-PM2".

Many people don't notice it until they can compare their results to something that does not suffer shutter shock. My E-M5 seemed better than my E-PM2 already, but the GM1 is just perfect.
Shutter shock does not make a picture unusable, it just makes it soft. And I'm not surprised that many people don't care. But I do.

And I was complaining about shutter shock well before it became "hype".

No that's plain Urban Myth developed by negativity. I have had some 5 Pens, and the only one which had some vibration because of the undamped shutter was the PL-3.

All the rest must be user failure to hold properly a light camera. Don't spread BS. We have enough of people crying wolf.

photofan1986
photofan1986 Veteran Member • Posts: 3,841
Re: How to sell E-PL7 with E-PM2 still out there?

Blah blah, Amalric, as always

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amalric
amalric Forum Pro • Posts: 10,839
Re: How to sell E-PL7 with E-PM2 still out there?

photofan1986 wrote:

Blah blah, Amalric, as always

Check for early Parkinson

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