Originally posted by biz-engineer
I agree with your logic (the choice of the customer). However, camera makers have shown, by investing heavily in advertising, how customer wants can be aligned to what is sold. Customers can only buy what is offered to them, they won't go on strike when their micro 4/3 camera will stop working and the only thing they can buy to replace it is a compact full frame camera for $3000. From what I see, it looks like some conspiracy by all camera companies, somehow they all agreed to make similar moves, and I suppose there are some professional conferences / meeting for camera makers , the same way as for car makers and semiconductor chip makers go to the same conferences. The market is defined by both customers and suppliers, somehow the suppliers decide what is good for them, customers don't have full power.
I agree with the logic of heavy advertising and restricted product availability in many markets but not this one.
First, investing heavily in advertising in a shrinking market is a recipe for bankruptcy. Growing ad dollars divided shrinking unit volumes force the wholesale price of each unit to go through the roof just to break even. That sounds like a big up-hill battle in a down-hill market.
Second, it may be true that customers can only buy what is offered to them but this cabal of camera makers can't prevent customers from picking smartphones as the affordable alternative to $3000 FF cameras. And, at some point, one of the members of the conspiracy (or a non-member like Fuji or Aberg Best) is going to realize they can sell a metric buttload of cheap $500 M43 or APS-C cameras for $1000 to grab all the customers that want a standalone camera but can't afford (or don't want to afford) the $3000 model.
The ad-driven conspiratorial model you suggest really only works in growing markets where the consumer really has no choice except to buy from the conspirators.