Hi Jeff (jshurak)
Re your point:
Quote: Now, if Pentax/Hoya spent more on their marketing campaigns, they would have more exposure and more people know about their products.......If Pentax/Hoya launched a larger campaign, maybe people would be more likely to go with them, therefore (finally) making it easier for me to find Pentax products in stores.
At best, I'm afraid I only had a rudimentary idea about the serious situation which Pentax's finances were in when Hoya eventually came to their rescue. From what I could ascertain by reading between the lines, Pentax's long-term outlook hadn't been particularly rosy for a long long time, due to an inexplicably deep-seated resistance to change by certain short-sighted/stubborn Board members, who'd decided that the best policy was to simply stick their corporate heads in the sand and pretend everything was just tickety-boo ! The company clearly needed a vast capital injection from somewhere, just to stay alive. It is my belief that the underlying reason why Pentax got into such a parlous state of affairs in the first place by comparison with their immediate competitors, is that when DSLR's were first being developed, Pentax's Board of Directors TOTALLY failed to grasp the implications of the massive onslaught that the forthcoming bandwagon of digital SLR's/P&S would unleash on a market-place then dominated by conventional 35mm film cameras. It's almost as if Pentax's management team became temporarily blinded by the full beam from the headlamps of an oncoming juggernaut and literally froze on the spot with fear, not knowing which way to jump !
Of course if Pentax/Hoya had the necessary financial resources at their disposal and were to 'up' their advertising budget significantly, then they MIGHT increase their market share somewhat, but as any commercial TV channel will tell you nowadays, the biggest companies are tending to cut back their spending accordingly, due to falling sales/recession concerns. Pentax have to think
very carefully how they use their limited advertising funds and ought to target specific markets where profit margins are greatest i.e. DSLR's. If Pentax have any sense, they should seriously consider selling-off/ditching their production of P&S cameras, which is a market segment that is already pretty saturated and where profit margins are shrinking as time goes on. Numerous people have regularly commented about the apparent invisibility of Pentax products at Photographic Equipment exhibitions and they have a valid point, BUT do any members on this forum have the faintest idea what it costs to actually maintain a presence on an exhibition stand for a week. It's A LOT of dough to lay out and unless the interest the stand generates results in a quantifiable increase in sales figures (doubtful ?), it's ultimately money down the drain ! I hear that Pentax have appointed a new advertising agency and all I can say is "not before time, either" ! Somebody needs to lob a few well-chosen sticks of gelignite into the boardroom, in order to wake up a few of those comatose old CEO's......any volunteers out there ?
Best regards
Richard