Originally posted by philbaum ...and the good news is??? Sounds like we will have continued off-loading sales of various products. poorer warranty and support service, and all the other signs of companies trying to cut their costs. thanks for sharing this information!!
Well the good things is that market is obviously saturated. With economic downturn, the combination of two means consumers will be less crazy and will try to purchase equipment that will hold value. The age of good old-fashioned loyalty isn't over, though. When people are cornered in the economic downturn, and when the end of it seems to be distant and path towards it slow, they will invest and shop smartly, rather than buy and forget impulsively.
New customers come every day, and many old customers with old equipment will review their purchases this year. Some customers will come next year, but not all customers will review all their purchases each year, as crazily as before. And that is also why has camera market crumbled; every single fool of a company was producing cameras just because they could — not because market needed it.
Thus the good recipe is: making equipment with long term strategies, and long lasting values. This translates in less frequent updates, moderate profits, but high quality stuff at decent prices. Japanese companies must invest in their core values now — superb workmanship, best in optics, fantastic value for money. It is something one draws from own rich heritage and history, something cheap imitators and wannabes cannot have.
Seen the MX-1 brass plates? A total novelty, but a sign of future times too. Pentax Ricoh clearly says: the future of camera market is not cheap plastic and a camera you will throw away tomorrow, but a camera you will *love* to use for years.
In the age of cheap smartphones that hold no value, a new type of camera must be wrapped in an emotional layer that holds value. With this a good and updated warranty policy would also be helpful, to keep the customers loyal. That is philosophy shift too I'd like to see more and more in other manufacturers.
In the long term, I see a shakeup in camera makers business, and I see only the best quality offer to stay — technically, optically, supportively. The producers of cheap and junk equipment will go, and others who are top players quality wise, to stay in game and be healthy must optimise heavily, and refrain from producing senseless junk. So far I find encouraging to see that Pentax Ricoh optimising and rethinking a lot. A good sign.
I also think DSLRs are absolutely best branch in camera business to reap such long-term awards. I see Pentax Ricoh working hard there — building systems that will hold value and be seen as investments.
But what must be over with is the most insane saturation of the still valuable DSLR market by biggest camera players, like Nikon and Canon. They are on the verge to make even DSLR market totally worthless if they keep up saturating their lines with most senseless models that are nothing but plastic junk wrapped around sensors. In my opinion, they need to optimise their lineup, cut off at least two models, to keep the value of other models. Like that they will stay afloat and be seen as a quality and no-nonsense choice.
If nothing else, I hope to see Pentax doing that. Now they have only two models. They need not 8 models like Nikon, but 4 will be perfectly ok, in a stretch from APS-C to FF.
Last edited by Uluru; 05-13-2013 at 12:51 AM.