Originally posted by beholder3 That's the issue here. Every poster feels she/he's the center of the world, where the stars are revolving around it.
The mass photo market is mobile phone "cameras". Mr. Zuckerberg just invested 1 billion in a tiny software company around this. Would he have done this for "pro" DSLR dinosaurs? No.
Pentax went for 0,065 billion as far as I remember.
The remaining market is dominated by people who buy mirrorless, cheap DSLRs and for 80% they dont ever buy a second lens to their kit lens. Maybe a superzoom.
And: Ever looked at the ink printer market?
It's about money. It's not about irrelevant few egos.
To me cheap bodies + 2-4 cheap entry plastic lenses + ridiculously expensive other glass makes sense (not that I like it, but it makes business sense).
As big business continues, you're right about the seemingly harsh reality of money trumping the almighty consumer when it comes to making any long-term sense. New units sold to people less informed can do a company wonders when decent products are offered at competitive prices.
The problem is what a successful company does is follow a similar model while continuing to make us guys with over-inflated egos feel important to their mission statement. Canon and Nikon do this extremely well with their offerings of high quality products, yet my bet is the majority of their sales come from products in the price category you mentioned, selling hand over fist to exactly the people you described.
I'm pretty sure most of us are aware the Universe does not revolve around us, but for the many embedded into a hobby or profession, we are constantly expecting quality to sustain our needs (however perceived they may be). The under-educated buyer still buys based on presumed quality. Yes, more Nikon D5100 and Canon Rebels are sold, but my guess is their long standing status of being the professional's choice leads the way. And guess what? If there aren't any pros endorsing your products, then your "niche" becomes recognized and accepted as a toy that's not taken seriously by a mass consumer market, and your dreams of dancing sugar plumbs and wealth while dollars fall out of the sky like snow are likely short-lived at best, most likely drawing a few from people that used to think of Pentax as a capable and respectable brand.
I know you said you don't necessarily agree with tactics like this, and large companies locked in a tunnel-visioned focus in a highly competitive, ever changing field of customers demanding the latest and greatest, as well as the best are committing suicide. Their "niche" needs to be catering to the over-inflated egos, and not some limited range of trinkets people will pass over in favor of the "professional" company offering something similar but with a respected brand name on the front.
Most people are not practical when it comes to buying, no matter how hard we sometimes try. Self-awareness is often too tall an order for someone to realize they should get only what they need and not what they want, even if the "niche only" company offers a cool product that outperforms a rival from a big brand. Admittedly, I am often in the mass majority of customers that want a path to follow, or at least the option for doing so, and sometimes have a hard time believing Pentax would succumb to only being a "niche". I'll hold out hope they'll continue to push forward with their models geared for the serious photographer, or photographer wannabe (that's me) that doesn't want to take pictures with a cheap piece of plastic in a purple housing. And if that truly is Ricoh's plan, then it is a bad one, and I would not expect it to succeed.