Site Sponsors
Results 1 to 24 of 24

Thread: Price gouging by amazon?

  1. #1
    Subscriber Member mwalker's Avatar
    Join Date
    Dec 2007
    Location
    Kentucky
    Posts
    924
    Post Thanks / Like
    Images
    74

    Price gouging by amazon?

    Mike

    website under construction

  2. #2
    Super Duper
    Senior Member

    Join Date
    Nov 2008
    Posts
    3,848
    Post Thanks / Like

    Re: Price gouging by amazon?

    They do that all the time. They have Panasonic GF1s at $300 over list, and 20mm lenses that retail at $399 were at $599.

  3. #3
    Senior Member Amin's Avatar
    Join Date
    Dec 2007
    Location
    Boston, MA (USA)
    Posts
    1,809
    Post Thanks / Like

    Re: Price gouging by amazon?

    It isn't usually Amazon raising the prices but rather the 3rd parties who sell on Amazon, in this case Willoughby's.

    I don't consider this to be price gouging, which IMO should be a term reserved for those who raise prices on scarce necessities such as food, water, or fuel.

    With a non-essential product such as a new camera, it seems to me to be a very reasonable business tact to adjust prices upward according to demand.

    OTOH, not raising prices according to demand is another good business move, because it encourages customer loyalty.

    Both approaches make sense to me!
    -Amin Sabet

  4. #4
    Subscriber gogopix's Avatar
    Join Date
    Nov 2007
    Posts
    1,383
    Post Thanks / Like

    Re: Price gouging by amazon?

    yup
    just market pricing
    I remember days when people paid 25k to 50k to get a rare model of a mercedes early.

    Drucker would love it!

    (now, when they are overstocked-gotta go the other way!

    and it does... there are far more deep discounts than 'premiums'

    the price we pay for a free market

    Victor

  5. #5
    Member
    Join Date
    Nov 2009
    Location
    Los Angeles
    Posts
    206
    Post Thanks / Like

    Re: Price gouging by amazon?

    There's one on eBay at $10,100 right now with over 3 days left to go.

  6. #6
    Subscriber Member mwalker's Avatar
    Join Date
    Dec 2007
    Location
    Kentucky
    Posts
    924
    Post Thanks / Like
    Images
    74

    Re: Price gouging by amazon?

    But doesn't Leica want its dealers to abide by the set retail price set at the factory at $6,999?.
    Mike

    website under construction

  7. #7
    Senior Member bensonga's Avatar
    Join Date
    May 2008
    Location
    Alaska
    Posts
    2,416
    Post Thanks / Like
    Images
    819

    Re: Price gouging by amazon?

    I've generally found items sold by Amazon itself to be priced very competitively. For example, that Panasonic 20mm f1.7 lens. The first listing displayed on the Amazon site when you search for this lens is from a third party and is priced at $550, but on the right side of the web page is the item direct from Amazon, still priced at $399.....I ordered it last week and it arrived yesterday.

    Gary

  8. #8
    Mango
    Guest

    Re: Price gouging by amazon?

    Anyone who buys bottled water is paying a "price gouge" price for something that can be had for nothing. Yet I don't see people ever complain about their imported bottled water.

    On Amazon you have to be careful about buying from a non-Amazon seller. Quite often the same item is available at the "normal" price directly from Amazon.

  9. #9
    Subscriber Member weinschela's Avatar
    Join Date
    Nov 2007
    Location
    New York suburb
    Posts
    458
    Post Thanks / Like

    Re: Price gouging by amazon?

    I do consider it price gouging. But someone reported over on LUF that they had gotten Willoghbys to lower the price to the MSRP -- but also ordered a lens. I for one would simply choose not to deal with them. I'd rather have a trustworthy retailer to whom I could return the camera if it wasn't working right out of the box. Good luck with doing that with one of these guys.

  10. #10
    Senior Member bensonga's Avatar
    Join Date
    May 2008
    Location
    Alaska
    Posts
    2,416
    Post Thanks / Like
    Images
    819

    Re: Price gouging by amazon?

    I certainly wouldn't buy an M9 from them (Willoughby's) at that price, but I'm not that desperate to have one....maybe some people are, in which case they pay their money and get the camera.

    In any case, I don't consider this to be price gouging by Amazon (as the thread title suggested)....arguably so by Willoughby's.

    Willougby's..."Established in 1898".....if so and if this is their usual business practice/pricing strategy, I guess there are alot of fools easily parted with their money.

    Gary

  11. #11
    Super Duper
    Senior Member

    Join Date
    Nov 2008
    Posts
    3,848
    Post Thanks / Like

    Re: Price gouging by amazon?

    It's just supply and demand. When there is excess, the price drops. Works both ways.

  12. #12
    Subscriber & Workshop Member GrahamWelland's Avatar
    Join Date
    Nov 2007
    Location
    Vancouver, WA
    Posts
    5,803
    Post Thanks / Like
    Images
    564

    Re: Price gouging by amazon?

    No point complaining about it. Just vote with YOUR wallet and take your business elsewhere. The price will adjust if nobody pays it. :sleep006:

  13. #13
    Super Duper
    Senior Member

    Join Date
    Nov 2008
    Posts
    3,848
    Post Thanks / Like

    Re: Price gouging by amazon?

    Price and availability are always tied together. I'll offer an M9 for $5000, but delivery won't be til sometime in the future. Anyone want to bite?

  14. #14
    Super Duper
    Senior Member
    Vivek's Avatar
    Join Date
    Apr 2008
    Location
    Netherlands
    Posts
    13,606
    Post Thanks / Like
    Images
    21

    Re: Price gouging by amazon?

    By next year, the price of an M9 in US $ terms would be something like $9,000/-.

    I think you are better off fixing the price in Euros, Yuans or Gold.

  15. #15
    Super Duper
    Senior Member

    Join Date
    Nov 2008
    Posts
    3,848
    Post Thanks / Like

    Re: Price gouging by amazon?

    OK, who wants to give me 5 ounces of gold for an M9 with future delivery?

  16. #16
    Senior Member bensonga's Avatar
    Join Date
    May 2008
    Location
    Alaska
    Posts
    2,416
    Post Thanks / Like
    Images
    819

    Re: Price gouging by amazon?

    Quote Originally Posted by monza View Post
    OK, who wants to give me 5 ounces of gold for an M9 with future delivery?
    Would you take that in bbls of black gold instead? :-)

    Gary
    BP Alaska
    I count the bbls produced from Prudhoe Bay, maybe I could lose a few between Alaska and wherever.

  17. #17
    Administrator, Instructor Guy Mancuso's Avatar
    Join Date
    Oct 2007
    Location
    Arizona
    Posts
    23,623
    Post Thanks / Like
    Images
    2555

    Re: Price gouging by amazon?

    Willougby's..."Established in 1898"

    Many many moons ago when I was going to the School of Visual Arts in NY, I bought from them for awhile and they where okay but they have certainly slipped off the charts into a zone that I would not even look at them to even buy toilet paper from. AVOID.

    When in doubt on a shop check out reseller ratings. Book mark this site for future use but here is http://www.resellerratings.com/store/Willoughby_s
    Photography is all about experimentation and without it you will never learn art.

    www.guymancusophotography.com

  18. #18
    Administrator, Instructor Guy Mancuso's Avatar
    Join Date
    Oct 2007
    Location
    Arizona
    Posts
    23,623
    Post Thanks / Like
    Images
    2555

    Re: Price gouging by amazon?

    Now just for grins B&H has a 9.71 rating which is above the average of 8.2

    http://www.resellerratings.com/store...ideo_Pro_Audio
    Photography is all about experimentation and without it you will never learn art.

    www.guymancusophotography.com

  19. #19
    Subscriber Member weinschela's Avatar
    Join Date
    Nov 2007
    Location
    New York suburb
    Posts
    458
    Post Thanks / Like

    Re: Price gouging by amazon?

    Quote Originally Posted by monza View Post
    Price and availability are always tied together. I'll offer an M9 for $5000, but delivery won't be til sometime in the future. Anyone want to bite?
    I am reminded by this of a story. Many years ago when B&H were just starting to grow, they advertised a great price on a camera (let's say it was $100 for purposes of the story). I visited a local store and asked them to sell it to me at that price. The owner (who later became a good frienmd) said "Do they have it?" I said "no". He then said, "If I didn't have it I would also sell it to you for $100)".

  20. #20
    Member Steve Fines's Avatar
    Join Date
    Jul 2009
    Location
    Central Minnesota
    Posts
    206
    Post Thanks / Like

    Re: Price gouging by amazon?

    Quote Originally Posted by Guy Mancuso View Post
    Willougby's..."Established in 1898"

    Many many moons ago when I was going to the School of Visual Arts in NY, I bought from them for awhile and they where okay but they have certainly slipped off the charts into a zone that I would not even look at them to even buy toilet paper from. AVOID.

    When in doubt on a shop check out reseller ratings. Book mark this site for future use but here is http://www.resellerratings.com/store/Willoughby_s
    It is interesting how the truth can be stretched.

    Willoughby's was as big as B&H (relatively) 40-50 years ago.

    However, they faltered and went bankrupt in 1993.

    What happened is that their name was an asset purchased by another company in the bankruptcy proceedings. The name "Willoughby's" has, since 1993, been in the ownership of several other companies, several with "bait and scam" as their primary business model.

    So, the "Willougby's...Established in 1898" is true. The problem is that this statement bears essentially no relation to the latest company that happens to have purchased the right to hang it over their door.

    I wouldn't buy a camera from them. But their resellerratings history is odd - it seems to be about 75% very happy customers and 25% people who have been scammed. Maybe Tuesday is scam day, but the others are legit? Who knows.
    ---------------
    Steve
    www.finesart.com

  21. #21
    Super Duper
    Senior Member
    Vivek's Avatar
    Join Date
    Apr 2008
    Location
    Netherlands
    Posts
    13,606
    Post Thanks / Like
    Images
    21

    Re: Price gouging by amazon?

    Great information regarding the use of logos/brand names.

    Isn't this what we see with respect to Zeiss and Leica names put on plastic gizmos?

  22. #22
    Subscriber Member mwalker's Avatar
    Join Date
    Dec 2007
    Location
    Kentucky
    Posts
    924
    Post Thanks / Like
    Images
    74

    Re: Price gouging by amazon?

    It must have sold they took the "available now" down and the price.
    Mike

    website under construction

  23. #23
    Subscriber gogopix's Avatar
    Join Date
    Nov 2007
    Posts
    1,383
    Post Thanks / Like

    Re: Price gouging by amazon? deal with Dalelabs instead!

    Was going to start a thread, but likely overkill; better to comment here on people OPPOSITE the gougers.

    I have beena customers of Daelabs (yes, David Farkas and co.). I have not done anything but keep in touch
    When I decided not to go 8.2, I was happy with M8. I then figured that there were enough in the M9 to warrant a buy.

    I told Dave. He siad ("Well, when you didn't go for the 8.2, it was close and I figured I would add you to the M9 list..")

    Bottom line is that I got an M9 last week.

    For every Willbeee.. there is a Dale,and there are others but when someone knows your needs and anticipates, that is what a retailer is all about.

    Of course, at regular price, overnighted (so I could have for the last weekend)

    regards
    Victor

  24. #24
    Senior Member
    Join Date
    May 2008
    Location
    No CA
    Posts
    796
    Post Thanks / Like

    Re: Price gouging by amazon?

    Well, once upon a time there was a respectable Willoughby's. Walker Evans used to have his 35mm film developed there.

    Kirk

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •