Frogfish

Joined: 10th September 2010

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Frogfish
You are going to love the 15 Simon. Its a very special lens liberally dusted with Pixie Dust.

Comment by Frogfish posted on Deliberations over - I bought the DA15mm at 05/04/2012 - 18:53

Frogfish
bassman wrote:
Frogfish wrote:
You are killing me with your skill and that lens !

I showed the wife your shots and broke the news to her that that lens is top of my wish-list. Then she asked me the price ... and verbally slapped me I tried to calm her by giving her the prices of the Canon/Nikon and new Sony 500s !!
Thanks David.

Hey Kevin,
there is a seconhand Sigma 500mm f4.5 EX DG on Pentaxforums.com
with your name written all over it.
Mine was a 50th birthday present from my mum ,bless her.
Thanks mate .... I've seen it, he has some stellar other glass too so won't miss it, but he won't ship outside the USA, even if I had the dosh ATM - which I don't. Have to sell some lenses or close some big deals first ! Also let the wife adjust to the idea that sooner or later I'll be laying down a big wad for a lens (she loves her £200 P&S and can't fathom out why we need more and more lenses - though I'm still trying to figure that one out myself)

Comment by Frogfish posted on Nuthatches at 05/04/2012 - 06:23

Frogfish
You misunderstood me Mark ... I meant loss of sales across the board (affecting B&M too) due to the exorbitant new prices and loss of shooters to CaNikon since Pentax have given up one of their prime advantages without offering anything in exchange.

I can only think it is to reduce demand enabling them to retool certain lines to cope with new lenses (e.g. the 560mm and possibly everything else on the new road-map). I hope that's not wishful thinking

Comment by Frogfish posted on Pentax lenses price increasing by 15-90%? at 04/04/2012 - 21:06

Frogfish
You are killing me with your skill and that lens !

I showed her your shots and broke the news to her that that lens is top of my wish-list. Then she asked me the price ... and verbally slapped me I tried to calm her by giving her the prices of the Canon/Nikon and new Sony 500s !!

Comment by Frogfish posted on Nuthatches at 04/04/2012 - 21:00

Frogfish
MarkTaylor wrote:

I'm entirely aware of the effect on online prices... but Pentax certainly ain't doing this to make online retailers happy. Now you can compare prices at dozens of online stores at the touch of a button, effective online retailing is all about being able to undercut the competition. Now that they can't, they're not exactly going to be jumping for joy about it.
However neither of two of Pentax's major retailers in the USA (B&H and Adorama) were known for selling their glass at the lowest prices, that is the realm of EBay. Usually in fact they were more middle of the road but their customer service is legendary (similar to SRS in the UK) and it's that that generates their sales. I'm sure they are more than happy the lowest price they can sell these lenses at has gone through the roof - though I imagine that extra profit will be off-set by loss of sales.

Comment by Frogfish posted on Pentax lenses price increasing by 15-90%? at 04/04/2012 - 20:51

Frogfish
MarkTaylor wrote:

You're missing the point, or not reading what I wrote. Pentax aren't 'offering retailers higher profit margins' at all because they haven't actually increased the recommended retail prices of their cameras and lenses.
If you think that then you need to start checking online prices again. They are indeed offering higher profits because they are stating the minimum price their products can be sold at, as per their adaptation of a Unilateral Pricing Policy (see other major brands). B&H or Adorama are a good place to start to see the changes - their Pentax lens prices have rocketed, yet of course their wholesale prices haven't changed so it's not Pentax who are making more ... it's the retailers profits that have soared. This will no doubt have a much smaller effect on the UK prices as they have always been much higher than some other markets, notably the USA and Far East.

MarkTaylor wrote:
Any retailers who accepted lower profit margins previously therefore were doing so entirely by their own choice. What Pentax have done is to restrict the discounts retailers (whether online or brick and mortar) can offer on these lenses. The purpose of this is not to increase profit margins, but to prevent online stores (which have lower overhead costs) from significantly undercutting high street stores. Of course American Pentax customers are not happy about this because it means, from their perspective, prices have effectively increased.
Which is effectively the same as a price rise and higher profits for the US retailers.

MarkTaylor wrote:
As others have mentioned, Pentax most likely intend to reduce their prices in the coming months, but the crucial point is that they will keep the restrictions on discounts retailers can offer in place while doing it.
Frogfish wrote:
One can only assume that retailers will be given carte blanche to offer huge discounts or special deals.
MarkTaylor wrote:
Again missing the point. What Pentax have done is exactly the opposite of this. They are telling retailers they can't offer huge discounts or special deals any more.
Your quote and mine are effectively the same. What we will see is large discounts being offered by Pentax via all sellers a la Nikon / Canon now. Whereby for a set period a large discount will be offered on certain lenses and this will rotate according to which lenses Pentax want to push or reduce stock of, which is what I meant by "carte blanche to offer huge discounts or special deals".

Comment by Frogfish posted on Pentax lenses price increasing by 15-90%? at 04/04/2012 - 20:38

Frogfish
cabstar wrote:
An excellent marketing ploy by Pentax, increased prices equals increased perception in quality. Their prices have been to low when compared against the competition.

Increased prices means better margins for retailers, which should reflect in better sales & promotion by retailers.

I have noticed some forum users say prices are already similar to Canon Nikon, are they really???

Take the DA* 16-50mm on SRS this retails currently for £629
The Nikon equivalent 24-70 HSM lens is £1229
The Canon Equivalent 24-70mm USM lens is £1049

The only lens similar to Pentax which is cheaper is the Sony 16-50mm 2.8

If Pentax are trying to compete with Canon & Nikon then they need to put their products up there with them & price them similar. Its all about marketing & perception..
Those 24-70's you have quoted are NOT the equivalent lenses !

Take a look here for a blow by blow comparison of every Pentax lens vs. Canon's : link That is from 2009 but now Pentax have raised their prices it's even more relevant.

You can't compare the 16-50 (now US$1,500) to Canon/Nikon's legendary glass, it's nowhere near that class. The 16-50's new price is now far in excess of the Canon EF-S 17-55mm f/2.8 (ca. US$1,000) and Nikon's 17-55/2.8 (ca. US$1,000) and priced well past even the superb Canon EF 16-35mm f/2.8 (L glass for US$1,300). Pentax have over-priced their lenses, there is a reason most Canon and their Nikon equivalents are similarly priced.

Comment by Frogfish posted on Pentax lenses price increasing by 15-90%? at 04/04/2012 - 20:19

Frogfish
giofi wrote:
Frogfish wrote:
My wife has just bought a Mac Air ... it's a beautiful piece of kit and amazingly light, however I was told that you need to be careful with these ultra thins because whilst great for travel due to being so light and small the thin covers mean they can be less tolerant of knocks. Not sure how true that is but maybe worth investigating for more information on this - whether you intend to buy one of the Ultrabooks or a Mac Air.
Actually it is supposed to be quite resistant and the case is made of metal. Additionally, it has an SSD drive instead of a hard disk, and that is much more resistant to shock.
Good to hear !

Comment by Frogfish posted on Laptop,notebook suggestions please? at 04/04/2012 - 16:28

Frogfish
MarkTaylor wrote:
Frogfish wrote:
MarkTaylor wrote:

Pentax may lose some customers through this, but if they do the right deals with the high street chains they could well gain more than they lose. While online retailing is now massive, most first time DSLR buyers probably still go to large high street stores, and that's the market Pentax will be aiming for.
Do you think those high street stores are going to suddenly start promoting Pentax over Canon/Nikon ? No neither do I, and if Pentax's lenses are now more expensive than those of Canon/Nikon (talking globally rather than in specific countries), which they are, they have lost a major marketing advantage.
I don't think high street retailers are 'suddenly' going to do anything. However retail chains do not, in general, decide which brands to promote over which others in a vacuum. They enter into deals and negotiations with manufacturers and suppliers. What I am suggesting is that Pentax intend to strengthen their bargain position for the purposes of such negotiations. Of course it won't have instant results but Pentax will be planning for the medium to long term. Since Canon and Nikon already regulate their prices in the US, this will be a necessary step for Pentax if they are ever to be represented on more equal terms.
It's hardly in a vacuum Mark. CaNikon have a virtual stranglehold over the DSLR market at good old street B&M retail outlets, Pentax are not going to be able to break into that with the range of cameras/lenses they currently offer and pricing their lenses higher just to offer those outlets a higher profit margin is not going to help ramp up sales at all (something that their ex-current prices and profit margins could possibly do with better professional marketing).
Not that B&M is the future of camera/lens sales anyway. If Pentax are heading in that direction it seems rather strange, to say the least, when the world is embracing (if it hasn't already embraced) the internet as the way forward. I'm not saying B&M will go out of existence anytime soon but it certainly isn't the long term future you hinted at. Maybe Pentax would have been better off looking at, and implementing, more advanced methods of marketing and sales for on-line sales.

Comment by Frogfish posted on Pentax lenses price increasing by 15-90%? at 04/04/2012 - 16:13

Frogfish
mecrox wrote:
Frogfish wrote:
MarkTaylor wrote:

Pentax may lose some customers through this, but if they do the right deals with the high street chains they could well gain more than they lose. While online retailing is now massive, most first time DSLR buyers probably still go to large high street stores, and that's the market Pentax will be aiming for.
Do you think those high street stores are going to suddenly start promoting Pentax over Canon/Nikon ? No neither do I, and if Pentax's lenses are now more expensive than those of Canon/Nikon (talking globally rather than in specific countries), which they are, they have lost a major marketing advantage.
It strikes me as a classic case of glass half full or half empty.

You can see it as Ricoh deciding to revamp Pentax in the USA with a proper network of bricks and mortar dealers which is the prelude to substantial growth in the range of products Pentax offers, and a much more robust sales and marketing presence, thus making Pentax more attractive for those dealers to carry. It looks fairly certain that prices will settle down to figures lower than those so far published, at which point they will be about the same as they are in the UK. Unless you believe in the second option (below) it is unlikely that Ricoh will allow prices to become uncompetitive with Canonikon. The gap will be smaller, but probably still a little below the big beasts.
Many of Pentax's lenses, despite the assertions made by many that they were priced lower than the CaNikon equivalents, were already in fact similarly priced. The dramatic increase in price of what are some of not only their, but to the majority of shooters, most popular lenses (high quality zooms) makes them far less competitive in this arena. One can only assume that retailers will be given carte blanche to offer huge discounts or special deals to make it seem buyers are getting a great deal. Fact is though that CaNikon already have lenses that are at least equal, and in some cases better, in IQ at lower prices.

You offered two choices, one logical and one extreme, I'd go with the former but I really do think this will harm them by losing them, not only potential new Pentaxians but also, some of their existing client base. If the competition can offer FF, better AF, better flash systems and not only a more extensive lens range but now cheaper high quality lenses ..... Pentax had better have something in the bag to rectify the major advantages CaNikon now seem to offer to almost every category of DSLR shooter.

Comment by Frogfish posted on Pentax lenses price increasing by 15-90%? at 04/04/2012 - 16:01

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